Ray and Dagmar Dolby Family Fund
The Ray and Dagmar Dolby Family Fund is a private foundation based in San Francisco, California. Its 2024 filing reports three grants totaling $3,466,745, all for general operating support.
Ray and Dagmar Dolby Family Fund at a glance
In short: Ray and Dagmar Dolby Family Fund gave $3.5M across 3 grants in 2024 (avg $1.2M), mostly in California. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $3,466,745
- -63.6% vs 2023
- Grants made (2024)
- 3
- -78.6% vs 2023
- Average grant
- $1,155,582
- +70.0% vs 2023
- Median grant
- $1,175,045
- Total assets
- $83,766,045
- +1.1% vs 2023
- Primary geography
- California (71% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Ray and Dagmar Dolby Family Fund
- How to Apply
-
The filing says to submit a simple letter describing the organization and the purpose of the requested funds. It states that giving is not restricted to preselected organizations and that restrictions on awards are not applicable.
- Review Cycle
- No deadlines.
- Deadline
- No deadlines.
- Contact
Application contact: Jen Lynch Ray And Dagmar Dolby Fami
Mailing address: 3340 Jackson Street, San Francisco, CA 94118
Phone: (415) 563-3646
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Ray and Dagmar Dolby Family Fund funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was UCSF Foundation ($1.3M). Together the top 3 received $3.5M.
Grant Size Distribution
41 grants across all recorded years
The most common grant size was in the $1–5M range: 13 grants of 41 (32%).
Geographic Focus
Where this funder awards grants
The fund’s 2024 grant dollars went to recipients in California (71%) and Illinois (29%).
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
Cities
How Ray and Dagmar Dolby Family Fund gives
- Giving held roughly steady from 2021 to 2024 (−3%). Method
- In 2024 it paid out 98% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 $3.5M (2024) to $13.0M (2020). In 2024 it made 3 grants totaling $3.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| UCSF Foundation San Francisco, CA | General Operating Support | $1,291,700 |
| Zuckerberg SF General Hospital San Francisco, CA | General Operating Support | $1,175,045 |
| Barack Obama Foundation Chicago, IL | General Operating Support | $1,000,000 |
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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 | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $83,766,045 | $4,008,434 | $873,885 | $3,466,745 | 3 | $3,905,621 | $5,499,462 | $4,002,644 |
| 2023 | $82,825,769 | $2,400,659 | $5,638,225 | $9,514,312 | 14 | $9,976,290 | $2,313,279 | $4,255,035 |
| 2022 | $86,767,121 | $458,104 | $11,647,355 | $6,101,575 | 8 | $6,684,830 | $3,417,511 | $4,563,092 |
| 2021 | $107,417,721 | $6,542,234 | $14,640,039 | $3,575,860 | 4 | $4,486,199 | $6,921,752 | $5,163,803 |
| 2020 | $101,528,919 | $8,022,175 | $14,366,257 | $13,007,491 | 12 | — | $8,927,940 | $4,678,058 |
Under IRS private-foundation payout rules, Ray and Dagmar Dolby Family Fund reported a distributable amount of $4.0M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Grantmaking
In 2024, the fund reported three grants, ranging from $1,000,000 to $1,291,700, with a median grant of $1,175,045. The recipients were UCSF Foundation ($1,291,700), Zuckerberg SF General Hospital ($1,175,045), and Barack Obama Foundation ($1,000,000); each grant was designated for general operating support.
Deadline: No deadlines.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Dagmar Dolby as president, Thomas Dolby as secretary, David Dolby as chief financial officer, Jen Lynch as assistant secretary, and Natasha Dolby as vice president.
Ray and Dagmar Dolby Family Fund is led by Dagmar Dolby, President on every filing since 2020; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Dagmar Dolby
President
On filings since 2020
1 hr/week
No compensation reported
David Dolby
Chief Financial Officer
On filings since 2020
1 hr/week
No compensation reported
Natasha Dolby
Vice President
On filings since 2020
1 hr/week
No compensation reported
Thomas Dolby
Secretary
On filings since 2020
1 hr/week
No compensation reported
Jen Lynch
Assistant Secretary
On filings since 2022
1 hr/week
No compensation reported
Former officers (1)
- Former: Karena Fowler (2020–2021) — Assistant Secretary
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 Ray and Dagmar Dolby Family Fund
How much does Ray and Dagmar Dolby Family Fund give each year?
Ray and Dagmar Dolby Family Fund gave $3.5M across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $9.5M across 14 grants.
What is Ray and Dagmar Dolby Family Fund's typical grant size?
Ray and Dagmar Dolby Family Fund's median grant in 2024 was $1,175,045, and its average grant was $1,155,582, across 3 grants on its 2024 IRS Form 990-PF.
Where does Ray and Dagmar Dolby Family Fund give grants?
Ray and Dagmar Dolby Family Fund gives mostly in California: 71% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Illinois (29%). The most frequent recipient cities were San Francisco, CA (2 grants).
Does Ray and Dagmar Dolby Family Fund give general operating support?
Yes: 100% of Ray and Dagmar Dolby Family Fund's 2024 grants with a stated purpose (3 of 3) were for general or operating support, per its 2024 IRS Form 990-PF.
How large is Ray and Dagmar Dolby Family Fund?
Ray and Dagmar Dolby Family Fund reported $83.8M in total assets on its 2024 IRS Form 990-PF. It paid out $3.9M in qualifying distributions that year, against a required minimum of $4.0M (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.
How do I apply for a grant from Ray and Dagmar Dolby Family Fund?
The filing says to submit a simple letter describing the organization and the purpose of the requested funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Ray and Dagmar Dolby Family Fund's EIN?
Ray and Dagmar Dolby Family Fund's EIN (Employer Identification Number) is 91-2159332. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Ray and Dagmar Dolby Family Fund funder profile. GrantGraph. Retrieved October 9, 2026, from https://grantable.co/funders/ray-and-dagmar-dolby-family-fund-morg_356a4f1f832d4fe1b767ff862a049421
BibTeX
@misc{grantable_912159332_2026,
author = {{Grantable}},
title = {{Ray and Dagmar Dolby Family Fund funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/ray-and-dagmar-dolby-family-fund-morg_356a4f1f832d4fe1b767ff862a049421},
note = {Accessed 2026-10-09. 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 Ray and Dagmar Dolby Family Fund'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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