Gray Collection Trust
Gray Collection Trust is a private foundation, based in Chicago, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $113K in total assets. In 2025, it awarded 2 grants totaling $1.9M. Net investment income was $2K.
Gray Collection Trust at a glance
In short: Gray Collection Trust gave $1.9M across 2 grants in 2025 (avg $931K), mostly in Illinois. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $1,862,000
- -64.0% vs 2024
- Grants made (2025)
- 2
- +100.0% vs 2024
- Average grant
- $931,000
- -82.0% vs 2024
- Median grant
- $931,000
- Total assets
- $112,697
- -79.8% vs 2024
- Primary geography
- Illinois (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Gray Collection Trust funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Smart Museum of Art University of Chicago ($1.8M). Together the top 2 received $1.9M.
Grant Size Distribution
6 grants across all recorded years
The most common grant size was in the $1–5M range: 2 grants of 6 (33%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $1.3M (2021) to $6.8M (2023). In 2025 it made 2 grants totaling $1.9M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Smart Museum of Art University of Chicago Chicago, IL | To return cultural artifacts to their country of origin | $1,800,000 |
| Hellenic Republic Consulate General of Greece in Chicago Chicago, IL | To Contribute to the Museum's Permanent Collection | $62,000 |
Ready to take the next step with Gray Collection Trust?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income |
|---|---|---|---|---|---|---|---|
| 2025 | $112,697 | $31,023 | $1,899,144 | $1,862,000 | 2 | $1,884,961 | $2,108 |
| 2024 | $558,818 | $4,389,902 | $5,199,426 | $5,175,000 | 1 | $5,198,741 | $679,217 |
| 2023 | $568,342 | $-1,240,069 | $6,769,503 | $6,750,000 | 1 | $6,769,303 | $1,228 |
| 2022 | $8,577,914 | $6,762,517 | $23,188 | — | — | $23,173 | $879 |
| 2021 | $588,585 | $-80,690 | $1,347,271 | $1,320,000 | 2 | $1,347,244 | $811 |
| 2020 | $855,681 | $55,330 | $3,201,040 | $3,135,000 | 3 | — | $1,951 |
Leadership & Key People
Officers and directors from IRS filings
Gray Collection Trust's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Mary Gray
Trustee
On filings since 2020
1 hr/week
No compensation reported
Paul Gray
Trustee
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Gray Collection Trust
How much does Gray Collection Trust give each year?
Gray Collection Trust gave $1.9M across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $5.2M across 1 grant.
How large is Gray Collection Trust?
Gray Collection Trust reported $113K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $31K.
Where does Gray Collection Trust operate?
Gray Collection Trust has awarded grants in California, Illinois, New York, Ohio.
What is Gray Collection Trust's EIN?
Gray Collection Trust's EIN (Employer Identification Number) is 26-1596672. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 3, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS July 6, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS June 6, 2024)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS June 6, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS June 2, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
Live grants for the work Gray Collection Trust funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Gray Collection Trust's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Richard and Mary L Gray Foundation
Chicago, IL
The Richard and Mary L Gray Foundation funded a varied mix of cultural, educational, and disability-services organizations, with most 2020 grants going to Illinois recipients. Grants ranged from $500 to $6.37 million, with a median of $5,000; it terminated on December 31, 2020, after distributing its assets. Its filing said a letter requesting a donation was sufficient and there were no deadlines, but the foundation is no longer operating.
Assets
—
Grants
43
Total Given
$8.0M
United Way of Metropolitan Chicago Inc
Chicago, IL
United Way of Metropolitan Chicago funds nonprofits addressing basic needs and community priorities such as health care, housing, food assistance, early learning, workforce development, and legal services across greater Chicago, including targeted support for Chicago’s South and West Sides and south suburbs. In 2025, grants ranged from about $5,000 to $2 million, with a median of $25,000. The stated 2026 Impact Grants process was limited to current partners, and the BridgeBuilders application was closed; no open unsolicited application process is stated.
Assets
$48.8M
Grants
331
Total Given
$22.8M
The Springboard Foundation
Chicago, IL
The Springboard Foundation historically funded grassroots nonprofits, primarily supporting afterschool and supplemental education for Chicago public school students and other charitable programs in the greater Chicago area. Its typical grant was around $7,250, with reported awards ranging from $6,000 to $274,435, though the largest was a transfer to a donor-advised fund; the foundation’s final return indicates it is no longer open for applications.
Assets
—
Grants
12
Total Given
$356K
Berger Foundation
Chicago, IL
Assets
—
Grants
1
Total Given
$68
Daryl & Steven Roth Foundation
Paramus, NJ
The Daryl & Steven Roth Foundation funds religious and Jewish cultural life, healthcare and medical research, education, and arts and cultural organizations, mainly in New York, which received 79% of its 2024 grant dollars. Its 66 grants ranged from $500 to $505,000, with a median of $6,750. It supports only preselected charities and does not accept unsolicited requests.
Assets
$567K
Grants
66
Total Given
$1.9M
Richard & Marianne Reinisch Foundation Foundation - C/O Marianne Reinisch
Highland Park, IL
The foundation’s 2020 grants supported healthcare, food assistance, community, and arts organizations, primarily in Colorado and Illinois, with some funding in Missouri, Florida, and Georgia. It awarded 26 grants totaling $196,115, ranging from $1,000 to $50,000, with a median of $1,750; its 2020 filing says it funds only preselected organizations and does not accept unsolicited requests.
Assets
$171K
Grants
26
Total Given
$196K
More similar funders
More Funders in Illinois
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Gray Collection Trust's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Gray Collection Trust down — hundreds of funders to go?