Grayvest Foundation
Grayvest Foundation is a private foundation, based in Boston, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14.2M in total assets. In 2024, it awarded 2 grants totaling $1.2M.
Grayvest Foundation at a glance
In short: Grayvest Foundation gave $1.2M across 2 grants in 2024 (avg $587K), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,173,068
- -8.5% vs 2023
- Grants made (2024)
- 2
- +100.0% vs 2023
- Average grant
- $586,534
- -54.3% vs 2023
- Median grant
- $586,534
- Total assets
- $14,187,170
- -11.4% vs 2023
- Primary geography
- Massachusetts (85% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Grayvest Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Grantham Foundation for the Protection of the Environment ($1.0M). Together the top 2 received $1.2M.
Grant Size Distribution
6 grants across all recorded years
The most common grant size was in the $1–5M range: 5 grants of 6 (83%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
States
Cities
How Grayvest Foundation gives
- Giving held roughly steady from 2021 to 2024 (+3%). Method
- In 2024 it paid out 107% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1.1M (2021) to $1.3M (2023). In 2024 it made 2 grants totaling $1.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Grantham Foundation for the Protection of the Environment Boston, MA | Charitable | $1,000,000 |
| Vanguard Charitable Endowment Program Warwick, RI | Charitable | $173,068 |
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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 | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $14,187,170 | $-518,962 | $1,474,839 | $1,173,068 | 2 | $1,173,138 | — | $1,098,536 |
| 2023 | $16,007,903 | $267,704 | $1,594,868 | $1,282,705 | 1 | $1,282,740 | $58,873 | $1,173,103 |
| 2022 | $17,335,067 | $142,922 | $1,484,066 | $1,188,983 | 1 | $1,188,983 | — | $1,282,705 |
| 2021 | $18,676,211 | $-1,080,305 | $1,400,388 | $1,140,000 | 1 | $1,140,000 | — | $1,193,785 |
| 2020 | $21,156,904 | $-1,973,622 | $1,461,988 | $1,220,000 | 1 | — | — | $1,140,131 |
Under IRS private-foundation payout rules, Grayvest Foundation reported a distributable amount of $1.1M for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Grayvest Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Catherine Lee Hayden
Trustee
On filings since 2020
1 hr/week
No compensation reported
David B. Thurston
Trustee
On filings since 2020
1 hr/week
No compensation reported
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.
Frequently asked questions about Grayvest Foundation
How much does Grayvest Foundation give each year?
Grayvest Foundation gave $1.2M across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.3M across 1 grant.
How large is Grayvest Foundation?
Grayvest Foundation reported $14.2M in total assets on its 2024 IRS Form 990-PF. It paid out $1.2M in qualifying distributions that year, against a required minimum of $1.1M (roughly 5% of its investment assets).
Where does Grayvest Foundation operate?
Grayvest Foundation has awarded grants in Massachusetts, Rhode Island.
What is Grayvest Foundation's EIN?
Grayvest Foundation's EIN (Employer Identification Number) is 83-6537585. 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
Live grants for the work Grayvest Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Grayvest Foundation's focus areas in our free grants database
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