Ray Tye Medical Aid Foundation
Ray Tye Medical Aid Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Halifax, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $677K in total assets. In 2024, it awarded 3 grants totaling $6K. Net investment income was $19K.
Key facts about Ray Tye Medical Aid Foundation
- EIN
- 04-6958143
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $5,814
- Grants made (2024)
- 3
- Average grant
- $1,938
- Median grant
- $980
- Total assets
- $677,321
- Primary geography
- Massachusetts (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Ray Tye Medical Aid Foundation funds
By grant dollars, the top recipient states for Ray Tye Medical Aid Foundation's 3 itemized 2024 grants were Massachusetts (100%). None of its 3 grants with a stated purpose were described as general or operating support.
How Ray Tye Medical Aid Foundation gives
- Giving held roughly steady from 2021 to 2024 (+16%). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Ray Tye Medical Aid Foundation
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$677K
-1.8% YoY
Annual Giving
$6K
-83.5% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$2K
-89.0% YoY
About Ray Tye Medical Aid Foundation
Based on IRS filings
Ray Tye Medical Aid Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Halifax, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $677K in total assets. In 2024, it awarded 3 grants totaling $6K. Net investment income was $19K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 3 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $677,321 | $689,485 | $2,011,701 |
| Revenue | $75,377 | $26,652 | $55,560 |
| Expenses | $87,541 | $96,998 | $90,426 |
| Qualifying Distributions | $57,385 | $72,674 | $49,376 |
| Net Investment Income | $19,048 | — | — |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include JCC Greater Boston ($3,966), Ashlee Folkes ($980), Seth Finerman ($868).
| Recipient | Purpose | Amount |
|---|---|---|
| JCC GREATER BOSTON Newton, MA | SWIM THERAPY | $3,966 |
| ASHLEE FOLKES Boston, MA | PHYSICAL THERAPY | $980 |
| SETH FINERMAN Somerville, MA | PHYSICAL THERAPY | $868 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Terri Carlson | President | — | $50,000 |
| Carol Tye Rose | Chairman | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ray Tye Medical Aid Foundation?
Ray Tye Medical Aid Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Halifax, MA. It holds $677K in total assets as of 2024.
How large is Ray Tye Medical Aid Foundation?
As of 2024, Ray Tye Medical Aid Foundation holds $677K in total assets with $75K in annual revenue. It awarded 3 grants totaling $6K in 2024.
Where does Ray Tye Medical Aid Foundation operate?
Ray Tye Medical Aid Foundation has awarded grants in Massachusetts, Maryland, Virginia.
What size grants does Ray Tye Medical Aid Foundation award?
In 2024, Ray Tye Medical Aid Foundation awarded 3 grants totaling $6K — an average of about $2K per grant, based on its IRS Form 990 filings.
What is Ray Tye Medical Aid Foundation's EIN?
Ray Tye Medical Aid Foundation's EIN (Employer Identification Number) is 04-6958143. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.