Ray of Hope Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FALMOUTH, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 3 grants totaling $355K. Net investment income was $3K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.0M
+237.3% YoY
Annual Giving
$355K
+343.8% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$118K
+343.7% YoY
About Ray of Hope Foundation
Based on IRS filings
Ray of Hope Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FALMOUTH, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 3 grants totaling $355K. Net investment income was $3K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,049,230 | $311,094 | $378,119 |
| Revenue | $1,093,902 | $16,178 | $6,058 |
| Expenses | $357,142 | $81,827 | $433,050 |
| Qualifying Distributions | $356,292 | $81,192 | $432,506 |
| Net Investment Income | $3,269 | $15,620 | $5,514 |
| Distributable Amount | $5,627 | $16,518 | $20,141 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
17 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Charles Gendron | Trustee | 0.5 | — |
| Theresa Gendron | Trustee | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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