Ray Dolby Legacy Fund

NOVATO, CA EIN: 51-0666996

MOBILIZING THE POWER OF COMMUNITY AND THE RESOURCES OF PHILANTHROPY TO ADVANCE EQUITY FOR PEOPLE, PLACES AND THE PLANET.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$95.9M

-4.3% YoY

Annual Giving

$4.0M

Grant Count

1

Avg Grant Size

$4.0M

About Ray Dolby Legacy Fund

Based on IRS filings

Ray Dolby Legacy Fund is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in NOVATO, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $95.9M in total assets. In 2024, it awarded 1 grants totaling $4.0M. Net investment income was $129K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

New York

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$24M$48M$72M$96M2020202220232024
Metric202420232022
Total Assets$95,910,129$100,243,356$10,836,808
Revenue$4,129,229$87,657,765$13,415,992
Expenses$4,119,726$87,569,754$20,934
Qualifying Distributions
Net Investment Income$129,229$157,228$73,742
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M0 grants20200 grants20220 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

CAMBRIDGE IN AMERICA$4.0M

Grant Size Distribution

1 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Cambridge in America ($4,032,248).

RecipientPurposeAmount
CAMBRIDGE IN AMERICA NEW YORK, NYSUPPORT SYMPOSIUM FUND PROJECT AND RESEARCH TEAMS PROJECT AT THE CAVENDISH LABORATORY$4,032,248

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
VIKKI GARRODDIRECTOR0.5
JANELLE CAVANAGHDIRECTOR (START 6/24)0.5
LANI ALODIRECTOR (LEFT 12/23)0.25
DAGMAR DOLBYBOARD CHAIR0.5
RHEA SUHPRESIDENT & CEO0.5
LAUREN MCCLELLANDCFO (START 1/24)0.5
ASHLEY SMITHSECRETARY0.5
SA HARTMANCFO (THRU 12/23)0.5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Ray Dolby Legacy Fund?

Ray Dolby Legacy Fund is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in NOVATO, CA. It holds $95.9M in total assets as of 2024.

How large is Ray Dolby Legacy Fund?

As of 2024, Ray Dolby Legacy Fund holds $95.9M in total assets with $4.1M in annual revenue. It awarded 1 grants totaling $4.0M in 2024.

Where does Ray Dolby Legacy Fund operate?

Ray Dolby Legacy Fund has awarded grants in New York.

What size grants does Ray Dolby Legacy Fund award?

In 2024, Ray Dolby Legacy Fund awarded 1 grants totaling $4.0M — an average of about $4.0M per grant, based on its IRS Form 990 filings.

What is Ray Dolby Legacy Fund's EIN?

Ray Dolby Legacy Fund's EIN (Employer Identification Number) is 51-0666996. 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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