Ray Tye Medical Aid Foundation
Ray Tye Medical Aid Foundation is a private foundation, based in Halifax, MA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $692K in total assets. In 2025, it awarded 6 grants totaling $97K. Net investment income was $9K.
Ray Tye Medical Aid Foundation at a glance
In short: Ray Tye Medical Aid Foundation gave $97K across 6 grants in 2025 (avg $16K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $96,509
- +1559.9% vs 2024
- Grants made (2025)
- 6
- +100.0% vs 2024
- Average grant
- $16,085
- +730.0% vs 2024
- Median grant
- $6,656
- Total assets
- $691,781
- +2.1% vs 2024
- Primary geography
- Massachusetts (93% 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 Tye Medical Aid Foundation funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
The largest 2025 recipient was Mass General Hospital ($40K). Together the top 6 received $97K.
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 6 itemized grants.
Cities
How Ray Tye Medical Aid Foundation gives
- Giving grew 383% from 2022 to 2025. 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 2019 to 2025, annual grant giving ranged from $5K (2021) to $369K (2019). In 2025 it made 6 grants totaling $97K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Mass General Hospital Boston, MA | Medical Services | $40,000 |
| Children's Hospital Boston Boston, MA | Medical Services | $35,441 |
| Advant Urology Winter Garden, FL | Medical Services | $7,100 |
| JCC Greater Boston Newton, MA | Swim Therapy | $6,212 |
| Mass Eye & Ear Infirmary Boston, MA | Medical Services | $5,551 |
| Ashlee Folkes Boston, MA | Physical Therapy | $2,205 |
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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 |
|---|---|---|---|---|---|---|---|
| 2025 | $691,781 | $179,186 | $173,597 | $96,509 | 6 | $122,874 | $8,810 |
| 2024 | $677,321 | $75,377 | $87,541 | $5,814 | 3 | $57,385 | $19,048 |
| 2023 | $689,485 | $26,652 | $96,998 | $35,162 | 2 | $72,674 | — |
| 2022 | $2,011,701 | $55,560 | $90,426 | $20,000 | 1 | $49,376 | — |
| 2021 | $2,046,567 | $76,954 | $70,708 | $5,000 | 1 | $34,028 | — |
| 2020 | $2,156,171 | $91,324 | $104,633 | $35,000 | 2 | — | — |
| 2019 | $2,169,480 | $66,438 | $423,657 | $368,821 | 10 | — | — |
Leadership & Key People
Officers and directors from IRS filings
Ray Tye Medical Aid Foundation is led by Terri Carlson, President since 2024 (on filings since 2019); 1 of 2 officers listed in 2025 is compensated.
Officers on the 2025 filing
Terri Carlson
President
Executive Director → Vice President, 2023
Vice President → President, 2024
On filings since 2019
40 hrs/week
$40K (2019) → $50K (2025)
Carol Tye Rose
Chairman
On filings since 2019
10 hrs/week
No compensation reported
Former officers (1)
- Former: Eileen Tye (2019–2023) — President
Data from IRS Form 990 filings, 2019–2025. "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 $50K, to Terri Carlson (President).
Frequently asked questions about Ray Tye Medical Aid Foundation
How much does Ray Tye Medical Aid Foundation give each year?
Ray Tye Medical Aid Foundation gave $97K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $6K across 3 grants.
What is Ray Tye Medical Aid Foundation's typical grant size?
Ray Tye Medical Aid Foundation's median grant in 2025 was $6,656, and its average grant was $16,085, across 6 grants on its 2025 IRS Form 990-PF.
Where does Ray Tye Medical Aid Foundation give grants?
Ray Tye Medical Aid Foundation gives mostly in Massachusetts: 93% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Florida (7%). The most frequent recipient cities were Boston, MA (4 grants).
Does Ray Tye Medical Aid Foundation give general operating support?
Not in 2025: none of the 6 grants with a stated purpose on Ray Tye Medical Aid Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Medical Services" (4 grants).
Who are Ray Tye Medical Aid Foundation's largest grantees?
Ray Tye Medical Aid Foundation's largest 2025 grantees include Mass General Hospital ($40,000), Children's Hospital Boston ($35,441) and Advant Urology ($7,100), according to its 2025 IRS Form 990-PF. Together they received 86% of its itemized 2025 grant dollars.
How large is Ray Tye Medical Aid Foundation?
Ray Tye Medical Aid Foundation reported $692K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $179K.
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 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS September 8, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2020–2024
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