Ray M Harris Educational Fund
Ray M Harris Educational Fund is a private foundation focused on Education, based in Dallas, TX. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.2M in total assets. In 2025, it awarded 2 grants totaling $40K. Net investment income was $110K.
Ray M Harris Educational Fund at a glance
In short: Ray M Harris Educational Fund gave $40K across 2 grants in 2025 (avg $20K), mostly in Virginia. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $40,000
- +5.3% vs 2024
- Grants made (2025)
- 2
- +0.0% vs 2024
- Average grant
- $20,000
- +5.3% vs 2024
- Median grant
- $20,000
- Total assets
- $1,161,212
- +5.3% vs 2024
- Primary geography
- Virginia (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Ray M Harris Educational Fund funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Old Dominion University ($20K). Together the top 2 received $40K.
Grant Size Distribution
13 grants across all recorded years
The most common grant size was under $50K: 13 grants of 13 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
How Ray M Harris Educational Fund gives
- Giving held roughly steady from 2022 to 2025 (+0%). Method
- In 2025 it paid out 76% 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 2025, annual grant giving ranged from $38K (2020) to $40K (2025). In 2025 it made 2 grants totaling $40K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Old Dominion University Norfolk, VA | Grant Scholarships | $20,000 |
| Virginia Commonwealth University Richmond, VA | Unrestricted General | $20,000 |
Ready to take the next step with Ray M Harris Educational Fund?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,161,212 | $124,518 | $71,344 | $40,000 | 2 | $55,672 | $110,137 | $73,049 |
| 2024 | $1,102,372 | $112,170 | $64,670 | $38,000 | 2 | $50,273 | $97,608 | $63,189 |
| 2023 | $1,056,040 | $36,209 | $23,964 | — | — | $12,155 | $21,227 | $55,991 |
| 2022 | $1,065,454 | $-25,947 | $68,558 | $40,000 | 6 | $51,298 | $9,294 | $56,625 |
| 2021 | $1,159,800 | $239,864 | $66,313 | $38,000 | 3 | $51,358 | $225,316 | $62,971 |
| 2020 | $985,123 | $85,930 | $59,174 | $38,000 | 5 | — | $74,598 | $53,644 |
Under IRS private-foundation payout rules, Ray M Harris Educational Fund reported a distributable amount of $73K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Ray M Harris Educational Fund's only listed officer is Bank Of America, Trustee on every filing since 2021 (compensated).
Officers on the 2025 filing
Bank Of America
Trustee
On filings since 2021
1 hr/week
$19K (2021) → $20K (2025)
Former officers (1)
- Former: Bank Of America NA (2020) — Trustee
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.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $20K, to Bank of America (Trustee).
Frequently asked questions about Ray M Harris Educational Fund
How much does Ray M Harris Educational Fund give each year?
Ray M Harris Educational Fund gave $40K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $38K across 2 grants.
How large is Ray M Harris Educational Fund?
Ray M Harris Educational Fund reported $1.2M in total assets on its 2025 IRS Form 990-PF. It paid out $56K in qualifying distributions that year, against a required minimum of $73K (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 is Ray M Harris Educational Fund?
Ray M Harris Educational Fund is a private foundation focused on Education, based in Dallas, TX. It holds $1.2M in total assets as of 2025.
Where does Ray M Harris Educational Fund operate?
Ray M Harris Educational Fund has awarded grants in North Carolina, Virginia.
What is Ray M Harris Educational Fund's EIN?
Ray M Harris Educational Fund's EIN (Employer Identification Number) is 54-6065353. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS March 31, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 6, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 16, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 20, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 21, 2026)
- IRS filings on file for fiscal years 2020–2025
Live grants for the work Ray M Harris Educational Fund funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Ray M Harris Educational Fund's focus areas in our free grants database
Similar Funders
Funders with grantees in common
John & Ardell Brumit Educational Trust
Buffalo, NY
Assets
$1.0M
Grants
3
Total Given
$54K
Enterprise Holdings Foundation
Saint Louis, MO
The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.
Assets
$594.3M
Grants
1
Total Given
$101.4M
The Big South Conference Inc
Charlotte, NC
To promote and establish standards for scholarships and high ideals of sportsmanship in the member institutions and leadership development of each student-athlete.
Assets
$8.5M
Grants
9
Total Given
$922K
IBM International Foundation
Armonk, NY
The IBM International Foundation funds education and workforce programs that build 21st-century and technology job skills, including initiatives for underserved students and job seekers. Its 2024 grants ranged from $10,000 to $8.48 million, with a median of $100,000, and went to organizations across several U.S. states, especially Delaware and Massachusetts. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$357.7M
Grants
16
Total Given
$11.7M
Hughes Memorial Home
Danville, VA
Hughes Memorial Home funds special projects and capital improvements benefiting needy or at-risk children, as well as scholarships for higher education or job training, in Virginia and North Carolina. Its 2025 grants ranged from $750 to $52,500, with a median of $2,500. It accepts grant applications through an online process, but says applications will not be accepted in 2026; the next stated application period is July 1–September 1, 2027.
Assets
$5.5M
Grants
53
Total Given
$402K
Alice M & William E Johnson Foundation
Warrenton, VA
The foundation primarily funds educational scholarships, with 2024 grants of $2,000–$25,000 and a median grant of $4,250. Its scholarships are for eligible residents who graduated from a Fauquier County, Virginia, high school; most 2024 grant dollars went to Virginia. The filing directs scholarship applicants to contact Northern Piedmont Community Foundation but does not state whether the foundation accepts unsolicited requests.
Assets
$2.8M
Grants
28
Total Given
$192K
More similar funders
More Funders in Texas
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Ray M Harris Educational 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.
Ray M Harris Educational Fund down — hundreds of funders to go?