Ray of Light Scholarship Fund
The Ray of Light Scholarship Fund is a private foundation based in an individual recipient, Florida. Its 2025 filing reports 60 grants, with listed grant purposes identifying scholarship programs.
Ray of Light Scholarship Fund at a glance
In short: Ray of Light Scholarship Fund gave $391K across 60 grants in 2025 (avg $7K), top state Connecticut. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $390,927
- -3.7% vs 2024
- Grants made (2025)
- 60
- +3.4% vs 2024
- Average grant
- $6,515
- -6.9% vs 2024
- Median grant
- $6,464
- Total assets
- $8,227,217
- +14.8% vs 2024
- Primary geography
- Connecticut (27% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Ray of Light Scholarship Fund
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 2103 South Ocean Boulevard 1B, Delray Beach, FL 33483-6432
Phone: (843) 557-3811
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Ray of Light Scholarship Fund funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Marist College ITF Villa Angeles ($18K). Together the top 10 received $105K.
Organizations only. It also paid 25 individual scholarships ($153,927), which are not listed by name.
Grant Size Distribution
253 grants across all recorded years
The most common grant size was under $50K: 253 grants of 253 (100%).
Geographic Focus
Where this funder awards grants
In 2025, the largest shares of grant dollars went to recipients in Connecticut (27%), an individual recipient (14%), New York (14%), Maryland (9%), and an individual recipient (6%). These figures describe the locations of listed recipients.
Grant Distribution by State
Share of 2025 grant dollars across all 60 itemized grants.
States
Cities
How Ray of Light Scholarship Fund gives
- Giving held roughly steady from 2022 to 2025 (−20%). Method
- In 2025 it paid out 111% of its IRS minimum distribution (the 5% rule). 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 $140K (2020) to $486K (2022). In 2025 it made 60 grants totaling $391K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Marist College ITF Villa Angeles Poughkeepsie, NY | Scholarship Program | $18,000 |
| Iona University ITF Midy Cassandra New Rochelle, NY | Scholarship Program | $12,000 |
| Lehigh University ITF Piacenza MIA Bethlehem, PA | Scholarship Program | $12,000 |
| 21 individual scholarships Recipients not named | — | $143,427 |
| University of Connecticut ITF Fred Storrs, CT | Scholarship Program | $11,500 |
| Brown University ITF Seaborn Briann New Britain, CT | Scholarship Program | $10,000 |
| University of Connecticut ITF Pierr Storrs, CT | Scholarship Program | $9,000 |
| Franciscan University of Steubenvil Steubenville, OH | Scholarship Program | $8,000 |
| Savannah College of Arts and Design Savannah, GA | Scholarship Program | $8,000 |
| University of Delaware ITF Garcia D Newark, DE | Scholarship Program | $8,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $8,227,217 | $-5,730,045 | $435,785 | $390,927 | 60 | $401,964 | $1,101,068 | $363,393 |
| 2024 | $7,164,718 | $7,176 | $431,827 | $405,956 | 58 | $425,253 | $1,448,878 | $278,804 |
| 2023 | $5,665,675 | $18,936 | $406,779 | $370,750 | 50 | $396,997 | — | $272,827 |
| 2022 | $6,277,359 | $660,000 | $999,447 | $486,324 | 52 | $548,733 | — | $401,750 |
| 2021 | $13,341,250 | $1,448,000 | $222,244 | $221,800 | 33 | $222,244 | $3,306,781 | $395,437 |
| 2020 | $11,870,251 | $3,000,000 | $144,163 | $139,600 | 12 | — | — | $362,800 |
Under IRS private-foundation payout rules, Ray of Light Scholarship Fund reported a distributable amount of $363K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
No mission statement for the fund is provided. Its 2025 grants went to colleges, universities, and a high school, with listed purposes identifying scholarship programs. Grantees describe varied missions: Lehigh University emphasizes learning through teaching, research, and service; Mount Saint Mary’s University says it prepares ethical leaders for service to God and others; and Savannah College of Art and Design says it prepares students for creative professions.
Grantmaking
In 2025, the fund reported 60 grants totaling $390,927. Grants ranged from $1,500 to $18,000, with a median of $6,464. Among its largest grants were $18,000 to Marist College, $12,000 each to Iona University, Lehigh University, and an individual recipient Mary’s University, and $11,500 to the University of Connecticut. The listed purposes for these grants were scholarship programs.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Mary Jane Zuccaro as director and president, and Robert Zuccaro and Brynne Zuccaro as directors and vice presidents.
Ray of Light Scholarship Fund is led by Mary Jane Zuccaro, Director & President on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Mary Jane Zuccaro
Director & President
On filings since 2020
3 hrs/week
No compensation reported
Brynne Zuccaro
Director & Vice President
On filings since 2020
1 hr/week
No compensation reported
Robert Zuccaro
Director & Vice President
On filings since 2020
1 hr/week
No compensation reported
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.
Frequently asked questions about Ray of Light Scholarship Fund
How much does Ray of Light Scholarship Fund give each year?
Ray of Light Scholarship Fund gave $391K across 60 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $406K across 58 grants.
What is Ray of Light Scholarship Fund's typical grant size?
Ray of Light Scholarship Fund's median grant in 2025 was $6,464, and its average grant was $6,515, across 60 grants on its 2025 IRS Form 990-PF.
Where does Ray of Light Scholarship Fund give grants?
Ray of Light Scholarship Fund's top state is Connecticut, with 27% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were South Carolina (14%) and New York (14%). The most frequent recipient cities were Storrs, CT (7 grants), Poughkeepsie, NY (2 grants), Bethlehem, PA (2 grants) and College Park, MD (2 grants).
Does Ray of Light Scholarship Fund give general operating support?
Not in 2025: none of the 60 grants with a stated purpose on Ray of Light Scholarship Fund's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship Program" (60 grants).
Who are Ray of Light Scholarship Fund's largest grantees?
Ray of Light Scholarship Fund's largest 2025 grantees include Marist College ITF Villa Angeles ($18,000), Iona University ITF Midy Cassandra ($12,000) and Lehigh University ITF Piacenza MIA ($12,000), according to its 2025 IRS Form 990-PF. It also paid 25 individual scholarships ($153,927), which are not listed by name. Together they received 11% of its itemized 2025 grant dollars.
How large is Ray of Light Scholarship Fund?
Ray of Light Scholarship Fund reported $8.2M in total assets on its 2025 IRS Form 990-PF. It paid out $402K in qualifying distributions that year, against a required minimum of $363K (roughly 5% of its investment assets).
What does Ray of Light Scholarship Fund fund?
No mission statement for the fund is provided. Its 2025 grants went to colleges, universities, and a high school, with listed purposes identifying scholarship programs. See mission & focus areas ↑
How do I apply for a grant from Ray of Light Scholarship Fund?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Ray of Light Scholarship Fund's EIN?
Ray of Light Scholarship Fund's EIN (Employer Identification Number) is 46-3252749. IRS Form 990 filing data is available on this page for 2020–2025.
Does Ray of Light Scholarship Fund accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
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 April 22, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 10, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS October 31, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS October 28, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 17, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 10, 2026)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Ray of Light Scholarship Fund funder profile. GrantGraph. Retrieved October 4, 2026, from https://grantable.co/funders/ray-of-light-scholarship-fund-morg_09469409dddb4ce692418993cf85d8a9
BibTeX
@misc{grantable_463252749_2026,
author = {{Grantable}},
title = {{Ray of Light Scholarship Fund funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/ray-of-light-scholarship-fund-morg_09469409dddb4ce692418993cf85d8a9},
note = {Accessed 2026-10-04. 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 of Light Scholarship 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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