Gray Collection Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $559K in total assets. In 2024, it awarded 1 grants totaling $5.2M. Net investment income was $679K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$559K
-1.7% YoY
Annual Giving
$5.2M
-23.3% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$5.2M
-23.3% YoY
About Gray Collection Trust
Based on IRS filings
Gray Collection Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $559K in total assets. In 2024, it awarded 1 grants totaling $5.2M. Net investment income was $679K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $558,818 | $568,342 | $1,741,914 |
| Revenue | $4,389,902 | $-1,240,069 | $6,762,517 |
| Expenses | $5,199,426 | $6,769,503 | $23,188 |
| Qualifying Distributions | $5,198,741 | $6,769,303 | $23,173 |
| Net Investment Income | $679,217 | $1,228 | $879 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Chicago Community Foundation ($5,175,000).
| Recipient | Purpose | Amount |
|---|---|---|
| THE CHICAGO COMMUNITY FOUNDATION CHICAGO, IL | A COMMITMENT TO DIVERSITY, EQUITY & INCLUSION AND ACTIONS TO STRENGTHEN THE COMMUNITIES WE SERVE TO CLOSE RACIAL & ETHNIC WEALTH GAP IN THE CHICAGO REGION. | $5,175,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PAUL GRAY | TRUSTEE | 1 | — |
| MARY GRAY | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Gray Collection Trust?
Gray Collection Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $559K in total assets as of 2024.
How large is Gray Collection Trust?
As of 2024, Gray Collection Trust holds $559K in total assets with $4.4M in annual revenue. It awarded 1 grants totaling $5.2M in 2024.
Where does Gray Collection Trust operate?
Gray Collection Trust has awarded grants in California, Illinois, New York, Ohio.
What size grants does Gray Collection Trust award?
In 2024, Gray Collection Trust awarded 1 grants totaling $5.2M — an average of about $5.2M per grant, based on its IRS Form 990 filings.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in Gray Collection Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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