Gray Matters Capital Inc
Gray Matters Capital Inc is a private foundation focused on International, Foreign Affairs & National Security, based in Atlanta, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $52.1M in total assets. In 2024, it made $972K in qualifying distributions.
Gray Matters Capital Inc at a glance
- Total assets
- $52,070,429
- +1.1% vs 2023
- Revenue (2024)
- $704,622
- -74.5% vs 2023
- Qualifying distributions (2024)
- $971,822
- -79.8% vs 2023
- Expenses (2024)
- $758,123
- -62.5% vs 2023
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Gray Matters Capital Inc funds
How this funder distributes its grants
Grant Size Distribution
17 grants across all recorded years
The most common grant size was under $50K: 16 grants of 17 (94%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2022, annual grant giving ranged from $22K (2022) to $66K (2021). In 2022 it made 1 grant totaling $22K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Fast Forward Ventures LLC Round Rock, TX | To allow for the engagement of a consultant to assist to further the mission to launch and back companies alongside ambitious entrepreneurs to unlock economic prosperity in africa. | $22,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income |
|---|---|---|---|---|---|---|---|
| 2024 | $52,070,429 | $704,622 | $758,123 | — | — | $971,822 | — |
| 2023 | $51,514,937 | $2,759,368 | $2,023,523 | — | — | $4,800,280 | — |
| 2022 | $51,337,926 | $7,204,447 | $2,038,910 | $22,000 | 1 | $2,258,906 | — |
| 2021 | $45,313,464 | $11,858,965 | $3,854,417 | $65,640 | 5 | $150,640 | $9,226,655 |
| 2020 | $62,999,226 | $15,536,272 | $2,598,731 | $58,750 | 11 | — | — |
Leadership & Key People
Officers and directors from IRS filings
Gray Matters Capital Inc is led by Raunak Singhvi, Director & CEO on the 2024 filing; 3 of 7 officers listed in 2024 are compensated.
Officers on the 2024 filing
Raunak Singhvi
Director & CEO
New on the 2024 filing
40 hrs/week
No compensation reported
Smita Sircar
Director, Chariman & President
Director, Chairman & President → Director, Chariman & President, 2024
On filings since 2021
40 hrs/week
$49K (2021) → $0 (2024)
Gilbert Crawford
Director & Chairman
New on the 2024 filing
1 hr/week
$8K (2024)
Robert A. Pattillo
Director
President → Director, 2024
On filings since 2020
1 hr/week
$110K (2020) → $0 (2024)
Laura W. Putz
Vice President
On filings since 2020
40 hrs/week
$84K (2020) → $100K (2024)
Jennifer Soltis
Vice President
On filings since 2021
40 hrs/week
$86K (2022) → $75K (2024)
Clay Reese
Secretary
On filings since 2020
1 hr/week
No compensation reported
Former officers (3)
- Former: Erika Norwood (2020–2021) — Director, Chairman & President
- Former: Michael Davis (2020–2021) — Director
- Former: Ngalula Kapinga Trice Kabundi (2020–2021) — Chief Operating Officer
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $100K, to Laura W Putz (Vice President). 3 officers or directors reported compensation on that filing.
Frequently asked questions about Gray Matters Capital Inc
How large is Gray Matters Capital Inc?
Gray Matters Capital Inc reported $52.1M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $705K.
What is Gray Matters Capital Inc?
Gray Matters Capital Inc is a private foundation focused on International, Foreign Affairs & National Security, based in Atlanta, GA. It holds $52.1M in total assets as of 2024.
Where does Gray Matters Capital Inc operate?
Gray Matters Capital Inc has awarded grants in Arizona, California, Georgia, Michigan, Texas.
What is Gray Matters Capital Inc's EIN?
Gray Matters Capital Inc's EIN (Employer Identification Number) is 20-5176973. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Gray Matters Capital Inc's focus areas in our free grants database
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