Joyce Jay Raymond Foundation Inc

MARBLEHEAD, MA EIN: 20-0279384

Joyce Jay Raymond Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MARBLEHEAD, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $853K in total assets. In 2024, it awarded 13 grants totaling $52K. Net investment income was $42K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$853K

+5.0% YoY

Annual Giving

$52K

+7.7% YoY

Grant Count

13

-7.1% YoY

Avg Grant Size

$4K

+16.0% YoY

Under IRS private-foundation payout rules, Joyce Jay Raymond Foundation Inc reported a distributable amount of $42K for 2024 — the minimum it must pay out in qualifying distributions.

About Joyce Jay Raymond Foundation Inc

Based on IRS filings

Joyce Jay Raymond Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MARBLEHEAD, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $853K in total assets. In 2024, it awarded 13 grants totaling $52K. Net investment income was $42K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

BeverlyBirminghamBostonCohassetDanversDetroitLynnMarbleheadMcphersonNew YorkSwampscottWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$23K$46K$69K$92K20202021202220232024
Metric202420232022
Total Assets$852,870$812,218$752,948
Revenue$44,668$27,554$21,065
Expenses$54,938$51,087$64,517
Qualifying Distributions$52,183$48,150$61,100
Net Investment Income$42,262$25,140$34,932
Distributable Amount$42,083$38,212$41,071

Giving Over Time

Total grant dollars and number of grants per year

$0$15K$31K$46K$61K9 grants20207 grants202111 grants202214 grants202313 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

DRIFTWOOD GARDEN CLUB$10KFRIENDS OF HOLLY HILL FARM$10KST DOMINIC OUTREACH$6KMARBLEHEAD AWARENESS$5KMARBLEHEAD ROTARY$5KBEVERLY BOOTSTRAPS COMMU…$4KCARE DIMENSIONS$4KMERCY EDUCATION PROJECT$2KGREEK ORTHODOX PHILOPHTO…$2KMARBLEHEAD FOOD PANTRY$2K

Grant Size Distribution

54 grants across all recorded years

54<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Driftwood Garden Club ($10,362), Friends of Holly Hill Farm ($10,000), St Dominic Outreach ($6,000).

RecipientPurposeAmount
MERCY EDUCATION PROJECT DETROIT, MICOMMUNITY EDUCATION$2,000
ROTARY CLUB MARBLEHEAD HARBOR MARBLEHEAD, MACOMMUNITY PROGRAM & SCHOLARSHIP$1,000
BEVERLY BOOTSTRAPS COMMUNITY SERVIC BEVERLY, MACOMMUNITY PROGRAMS$3,500
FRIENDS OF HOLLY HILL FARM COHASSET, MAEDUCATION OUTREACH$10,000
MARBLEHEAD AWARENESS MARBLEHEAD, MAADDICTION TREATMT PROGRAM$5,000
ST DOMINIC OUTREACH DETROIT, MICOMMUNITY FOOD PROGRAM$6,000
GREEK ORTHODOX PHILOPHTOCHOS NEW YORK, NYCOMMUNITY OUTREACH$2,000
CARE DIMENSIONS DANVERS, MAHOSPICE CARE$3,500
MARBLEHEAD FOOD PANTRY MARBLEHEAD, MAFOOD BANK$2,000
MARBLEHEAD ROTARY MARBLEHEAD, MASUMMER CAMPERSHIPS$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JOYCE J RAYMONDPRESIDENT1
LYDIA W ADELFIOVICE PRESIDE1
PATRICIA M HAYESSECRETARY1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Joyce Jay Raymond Foundation Inc?

Joyce Jay Raymond Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MARBLEHEAD, MA. It holds $853K in total assets as of 2024.

How large is Joyce Jay Raymond Foundation Inc?

As of 2024, Joyce Jay Raymond Foundation Inc holds $853K in total assets with $45K in annual revenue. It awarded 13 grants totaling $52K in 2024.

Where does Joyce Jay Raymond Foundation Inc operate?

Joyce Jay Raymond Foundation Inc has awarded grants in District of Columbia, Kansas, Massachusetts, Michigan, New York.

What size grants does Joyce Jay Raymond Foundation Inc award?

In 2024, Joyce Jay Raymond Foundation Inc awarded 13 grants totaling $52K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Joyce Jay Raymond Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Joyce Jay Raymond Foundation Inc reported a distributable amount of $42K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Joyce Jay Raymond Foundation Inc's EIN?

Joyce Jay Raymond Foundation Inc's EIN (Employer Identification Number) is 20-0279384. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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

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