Grayvest Foundation

BOSTON, MA EIN: 83-6537585

Grayvest Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$14.2M

-11.4% YoY

Annual Giving

$1.2M

-8.5% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$587K

-54.3% YoY

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.

About Grayvest Foundation

Based on IRS filings

Grayvest Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

BostonWarwick

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$439K$877K$1M$2M20202021202220232024
Metric202420232022
Total Assets$14,187,170$16,007,903$17,335,067
Revenue$-518,962$267,704$142,922
Expenses$1,474,839$1,594,868$1,484,066
Qualifying Distributions$1,173,138$1,282,740$1,188,983
Net Investment Income$58,873
Distributable Amount$1,098,536$1,173,103$1,282,705

Giving Over Time

Total grant dollars and number of grants per year

$0$321K$641K$962K$1M1 grants20201 grants20211 grants20221 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

GRANTHAM FOUNDATION FOR …$1.0MVANGUARD CHARITABLE ENDO…$173K

Grant Size Distribution

6 grants across all recorded years

<$50K$50–100K1$100–250K$250–500K$500K–1M5$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Grantham Foundation for the Protection of the Environment ($1,000,000), Vanguard Charitable Endowment Program ($173,068).

RecipientPurposeAmount
VANGUARD CHARITABLE ENDOWMENT PROGRAM WARWICK, RICHARITABLE$173,068
GRANTHAM FOUNDATION FOR THE PROTECTION OF THE ENVIRONMENT BOSTON, MACHARITABLE$1,000,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DAVID B THURSTONTRUSTEE1
CATHERINE LEE HAYDENTRUSTEE1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Grayvest Foundation?

Grayvest Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. It holds $14.2M in total assets as of 2024.

How large is Grayvest Foundation?

As of 2024, Grayvest Foundation holds $14.2M in total assets with $-518,962 in annual revenue. It awarded 2 grants totaling $1.2M in 2024.

Where does Grayvest Foundation operate?

Grayvest Foundation has awarded grants in Massachusetts, Rhode Island.

What size grants does Grayvest Foundation award?

In 2024, Grayvest Foundation awarded 2 grants totaling $1.2M — an average of about $587K per grant, based on its IRS Form 990 filings.

How much is Grayvest Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Grayvest Foundation reported a distributable amount of $1.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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