Leslie S & Marcia C Ray

Private foundation · Grantmaker Beverly, MA EIN: 04-3340194

Leslie S & Marcia C Ray is a private foundation based in Beverly, Massachusetts. It supports charitable organizations through grants, with 2025 awards going to organizations including local social-service providers, children’s programs, and arts and historical organizations.

Leslie S & Marcia C Ray at a glance

In short: Leslie S & Marcia C Ray gave $158K across 39 grants in 2025 (avg $4K), mostly in Massachusetts. 15% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$158,250
+5.1% vs 2024
Grants made (2025)
39
+0.0% vs 2024
Average grant
$4,058
+5.1% vs 2024
Median grant
$2,500
Total assets
$3,850,577
+23.4% vs 2024
New grantees (estimate)
15% first-time grantees (6 of 39, 2025)
Primary geography
Massachusetts (90% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Leslie S & Marcia C Ray

Accepts unsolicited proposals
No
How to Apply

The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations.

Contact

Mailing address: 129 Dodge Street, Beverly, MA 01915
Phone: (978) 927-2600

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Leslie S & Marcia C Ray funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Beverly Bootstraps: $10KBeverly Bootstraps$10KBeverly Children's Learning Center: $10KBeverly Children's LearningCenter$10KGirls Incorporated of Lynn: $10KGirls Incorporated of Lynn$10KGrateful Friends: $10KGrateful Friends$10KNorth Shore CDC: $10KNorth Shore CDC$10KOpen Door: $10KOpen Door$10KPathways for Children: $10KPathways for Children$10KYMCA of North Shore: $10KYMCA of North Shore$10KSalvation Army: $8KSalvation Army$8KCommunity Service of Hamilton-Wenham: $7KCommunity Service ofHamilton-Wenham$7K

The largest 2025 recipient was Beverly Bootstraps ($10K). Together the top 10 received $94K.

Grant Size Distribution

196 grants across all recorded years

196<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 196 grants of 196 (100%).

Geographic Focus

Where this funder awards grants

In 2025, 90% of grant dollars went to Massachusetts recipients. The remaining shares were Maine, 5%; Florida, 3%; North Carolina, 2%; and New Hampshire, 0%.

Grant Distribution by State

7states

Share of 2025 grant dollars across all 39 itemized grants.

Cities

BeverlySalemGloucesterLynnSouth HamiltonWenhamSanibelPortsmouthBridgtonDurhamManchesterOronoOwls HeadWakefieldWatertownAuburnTopsfieldDanversBostonHendersonville

Is Leslie S & Marcia C Ray open to new grantees?

15%

first-time grantees, 2025

In 2025, 6 of 39 grantees (15%) were first-time recipients. First grants averaged $4K; repeat grants $4K. How we count

Medians: $2K first-time, $3K repeat.

  • 82% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (−8%). Method
  • In 2025 it paid out 81% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K38 grants2020 39 grants2021 40 grants2022 39 grants2023 39 grants2024 39 grants2025

From 2020 to 2025, annual grant giving ranged from $144K (2023) to $195K (2020). In 2025 it made 39 grants totaling $158K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Beverly Bootstraps Beverly, MAGeneral Operating Budget$10,000
Beverly Children's Learning Center Beverly, MAGeneral Operating Budget$10,000
Girls Incorporated of Lynn Lynn, MAGeneral Operating Budget$10,000
Grateful Friends Beverly, MAGeneral Operating Budget$10,000
North Shore CDC Salem, MAGeneral Operating Budget$10,000
Open Door Gloucester, MAGeneral Operating Budget$10,000
Pathways for Children Gloucester, MAGeneral Operating Budget$10,000
YMCA of North Shore Beverly, MAGeneral Operating Budget$10,000
Salvation Army Beverly, MAGeneral Operating Budget$7,500
Community Service of Hamilton-Wenham South Hamilton, MAGeneral Operating Budget$6,500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$3,850,577$848,530$189,233$158,25039$158,250$848,530$195,281
2024$3,120,715$117,204$179,079$150,50039$150,500$117,204$180,412
2023$3,088,898$102,603$171,580$144,32039$146,849$85,053$169,894
2022$3,287,501$105,955$204,148$171,50040$173,978$80,154$192,086
2021$3,345,791$226,491$190,829$164,62039—$204,342$190,665
2020$3,329,495$179,740$221,315$195,00038—$152,738$163,807

Under IRS private-foundation payout rules, Leslie S & Marcia C Ray reported a distributable amount of $195K for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is available. Its 2025 grants include support for organizations working in children’s education and development, services for people with disabilities, youth arts, and historical preservation. For example, Pathways for Children says it nurtures children and supports families affected by economic and social inequity; RAW Art Works says it helps underserved youth develop creativity and confidence; and the Topsfield Historical Society says it preserves historic buildings for public educational and historic purposes. These are the grantees’ descriptions of their own work.

Grantmaking

In 2025, the foundation gave $158,250 through 39 grants. Individual awards ranged from $500 to $10,000, with a median of $2,500. Its largest listed awards were $10,000 each to Beverly Bootstraps, Beverly Children’s Learning Center, Girls Incorporated of Lynn, Grateful Friends, North Shore CDC, Open Door, Pathways for Children, and YMCA of North Shore; each was designated for a general operating budget. Other listed awards included $7,500 to the Salvation Army and $6,500 to Community Service of Hamilton-Wenham, also for general operating budgets.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists David Ray as president, clerk, and director, and Elizabeth H Shelley as treasurer and director.

Leslie S & Marcia C Ray is led by David Ray, President, Clerk & Director on every filing since 2020; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • David Ray

    President, Clerk & Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Elizabeth H. Shelley

    Treasurer & Director

    On filings since 2020

    0 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "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 Leslie S & Marcia C Ray

How much does Leslie S & Marcia C Ray give each year?

Leslie S & Marcia C Ray gave $158K across 39 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $151K across 39 grants.

What is Leslie S & Marcia C Ray's typical grant size?

Leslie S & Marcia C Ray's median grant in 2025 was $2,500, and its average grant was $4,058, across 39 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Leslie S & Marcia C Ray that year got $4K on average.

Where does Leslie S & Marcia C Ray give grants?

Leslie S & Marcia C Ray gives mostly in Massachusetts: 90% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Maine (5%). The most frequent recipient cities were Beverly, MA (11 grants), Gloucester, MA (3 grants), Lynn, MA (3 grants) and Sanibel, FL (3 grants).

Does Leslie S & Marcia C Ray give general operating support?

Yes: 100% of Leslie S & Marcia C Ray's 2025 grants with a stated purpose (39 of 39) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Leslie S & Marcia C Ray's largest grantees?

Leslie S & Marcia C Ray's largest 2025 grantees include Beverly Bootstraps ($10,000), Beverly Children's Learning Center ($10,000) and Girls Incorporated of Lynn ($10,000), according to its 2025 IRS Form 990-PF. Together they received 19% of its itemized 2025 grant dollars.

How large is Leslie S & Marcia C Ray?

Leslie S & Marcia C Ray reported $3.9M in total assets on its 2025 IRS Form 990-PF. It paid out $158K in qualifying distributions that year, against a required minimum of $195K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does Leslie S & Marcia C Ray fund?

No mission statement for the foundation is available. Its 2025 grants include support for organizations working in children’s education and development, services for people with disabilities, youth arts, and historical preservation. See mission & focus areas ↑

How do I apply for a grant from Leslie S & Marcia C Ray?

The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Leslie S & Marcia C Ray's EIN?

Leslie S & Marcia C Ray's EIN (Employer Identification Number) is 04-3340194. IRS Form 990 filing data is available on this page for 2020–2025.

Does Leslie S & Marcia C Ray accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS February 11, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS February 14, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS February 7, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS February 12, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS March 10, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 16, 2026)
  7. IRS filings on file for fiscal years 2020–2025

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Cite this profile

Grantable. (2026). Leslie S & Marcia C Ray funder profile. GrantGraph. Retrieved October 21, 2026, from https://grantable.co/funders/leslie-s-and-marcia-c-ray-morg_2403c604a37d41b189c9b17bd7064887

BibTeX
@misc{grantable_043340194_2026,
  author       = {{Grantable}},
  title        = {{Leslie S \& Marcia C Ray funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/leslie-s-and-marcia-c-ray-morg_2403c604a37d41b189c9b17bd7064887},
  note         = {Accessed 2026-10-21. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Leslie S & Marcia C Ray's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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