Ray Foundation

FORT COLLINS, CO EIN: 30-6296992

Ray Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FORT COLLINS, CO. IRS filing data is available from 2020 through 2023. In 2023, it awarded 14 grants totaling $442K. Net investment income was $1K.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$442K

-89.4% YoY

Grant Count

-22.2% YoY

Avg Grant Size

$32K

-86.4% YoY

Under IRS private-foundation payout rules, Ray Foundation reported a distributable amount of $8K for 2023 — the minimum it must pay out in qualifying distributions.

About Ray Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Colorado $5.3M (100%)

States

Colorado

Cities

Fort CollinsGreeleyLoveland

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2023	2022	2021
Total Assets	—	$480,501	$4,415,943
Revenue	$1,252	$144,965	$203,862
Expenses	$481,753	$4,280,655	$302,613
Qualifying Distributions	$481,753	$4,244,191	$270,297
Net Investment Income	$1,252	$111,801	$171,946
Distributable Amount	$7,530	$184,457	$254,410

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2023

Grant Size Distribution

62 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include Larimer County Partners Inc ($60,000), The Greeley Dream Team ($45,000), Boys and Girls Clubs of Weld County ($40,000).

Recipient	Purpose	Amount
ANIMAL FRIENDS ALLIANCE FORT COLLINS, CO	GRANT FOR ENDOWMENT FUND DEPOSIT	$35,357
BOYS AND GIRLS CLUBS OF LARIMER COUNTY FORT COLLINS, CO	GRANT FOR ENDOWMENT FUND DEPOSIT	$21,480
BOYS AND GIRLS CLUBS OF WELD COUNTY GREELEY, CO	GRANT FOR ENDOWMENT FUND DEPOSIT	$40,000
CHILDSAFE COLORADO INC FORT COLLINS, CO	GRANT FOR CHILDSAFE CAPITAL CAMPAIGN	$10,320
COLORADO YOUTH OUTDOORS FORT COLLINS, CO	GRANT FOR ENDOWMENT FUND DEPOSIT	$20,700
COURT APPOINTED SPECIAL ADVOCATE INC FORT COLLINS, CO	GRANT FOR ENDOWMENT FUND DEPOSIT	$22,500
FINALLY HOME FORT COLLINS, CO	GRANT FOR ENDOWMENT FUND DEPOSIT	$15,000
FOOD BANK FOR LARIMER COUNTY LOVELAND, CO	GRANT FOR ENDOWMENT FUND DEPOSIT	$33,000
THE GREELEY DREAM TEAM GREELEY, CO	GRANT FOR ENDOWMENT FUND DEPOSIT	$45,000
HOMEWARD ALLIANCE INC FORT COLLINS, CO	GRANT FOR DEPOSIT IN QUASI-ENDOWMENT RESERVE FUND	$33,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

Name	Title	Hours	Compensation
TERRY E BOLACK	TRUSTEE	2	—
PETER W BULLARD	TRUSTEE	2	$18,044
DAVID J HAJNY	TRUSTEE	1	$3,439
JAY D ROSENBLUM	TRUSTEE	1	$4,051

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Ray Foundation?

Ray Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FORT COLLINS, CO. It holds — in total assets as of 2023.

Where does Ray Foundation operate?

Ray Foundation has awarded grants in Colorado.

What size grants does Ray Foundation award?

In 2023, Ray Foundation awarded 14 grants totaling $442K — an average of about $32K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2023, Ray Foundation reported a distributable amount of $8K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.