Gray Family Foundation Inc is a private foundation focused on Education, based in RUMSON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $117K in total assets. In 2024, it awarded 46 grants totaling $126K. Net investment income was $141K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$117K
+79.2% YoY
Annual Giving
$126K
+1.9% YoY
Grant Count
46
+4.5% YoY
Avg Grant Size
$3K
-2.6% YoY
Under IRS private-foundation payout rules, Gray Family Foundation Inc reported a distributable amount of $122K for 2024 — the minimum it must pay out in qualifying distributions.
About Gray Family Foundation Inc
Based on IRS filings
Gray Family Foundation Inc is a private foundation focused on Education, based in RUMSON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $117K in total assets. In 2024, it awarded 46 grants totaling $126K. Net investment income was $141K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $116,838 | $65,206 | $111,315 |
| Revenue | $142,863 | $86,007 | $86,596 |
| Expenses | $127,489 | $127,116 | $113,019 |
| Qualifying Distributions | $125,900 | $123,600 | $106,900 |
| Net Investment Income | $141,274 | $82,491 | $80,477 |
| Distributable Amount | $121,782 | $122,951 | $111,271 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
157 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Center for Hope Hospice ($15,000), Trinity United Church ($10,000), Doctors' Without Borders ($8,000).
| Recipient | Purpose | Amount |
|---|---|---|
| A Little Compassion Deep River, CT | Charity | $500 |
| Breast Cancer Research Fund New York, NY | Charity | $1,000 |
| Catholic Charities New York, NY | Charity | $1,000 |
| Center for Hope Hospice Scotch Plains, NJ | Charity | $15,000 |
| Children of the Night Los Angeles, CA | Charity | $1,000 |
| Committee to Protect Journalists New York, NY | Charity | $4,000 |
| Community Foundation of Middlesex County Middletown, CT | Charity | $2,500 |
| Deep River Community Fund Deep River, CT | Charity | $1,000 |
| Deep River Fire Department Deep River, CT | Charity | $1,000 |
| Deep River Historical Society Deep River, CT | Charity | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Marie Gray | President | 1 | — |
| Robert M Gray Jr | VP | 1 | — |
| Jeni Gray Roberts | Treasurer | 1 | — |
| Christopher S Gray | Secretary | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Gray Family Foundation Inc?
Gray Family Foundation Inc is a private foundation focused on Education, based in RUMSON, NJ. It holds $117K in total assets as of 2024.
How large is Gray Family Foundation Inc?
As of 2024, Gray Family Foundation Inc holds $117K in total assets with $143K in annual revenue. It awarded 46 grants totaling $126K in 2024.
Where does Gray Family Foundation Inc operate?
Gray Family Foundation Inc has awarded grants in Alabama, Arkansas, California, Connecticut, District of Columbia, Massachusetts, Nebraska, New Jersey, New York, Ohio, Oklahoma, Pennsylvania, Tennessee, Texas, Virginia.
What size grants does Gray Family Foundation Inc award?
In 2024, Gray Family Foundation Inc awarded 46 grants totaling $126K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Gray Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Gray Family Foundation Inc reported a distributable amount of $122K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Gray Family Foundation Inc's EIN?
Gray Family Foundation Inc's EIN (Employer Identification Number) is 22-3340792. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Gray Family Foundation Inc'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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