Reay Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PRAY, MT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $732K in total assets. In 2024, it awarded 6 grants totaling $45K. Net investment income was $19K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$732K
-3.6% YoY
Annual Giving
$45K
+5.9% YoY
Grant Count
6
+100.0% YoY
Avg Grant Size
$8K
-47.1% YoY
Under IRS private-foundation payout rules, Reay Family Foundation Inc reported a distributable amount of $39K for 2024 — the minimum it must pay out in qualifying distributions.
About Reay Family Foundation Inc
Based on IRS filings
Reay Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PRAY, MT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $732K in total assets. In 2024, it awarded 6 grants totaling $45K. Net investment income was $19K.
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 | $731,737 | $758,761 | $781,104 |
| Revenue | $21,983 | $30,599 | $-88,953 |
| Expenses | $48,605 | $52,704 | $47,674 |
| Qualifying Distributions | $45,000 | $44,375 | $41,106 |
| Net Investment Income | $19,001 | $22,270 | $8,011 |
| Distributable Amount | $39,119 | $50,652 | $43,830 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
28 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Notre Dame ($27,000), Yellow Dog Comm & Cons Foundation ($12,000), Livingston Healthcare Foundation ($3,000).
| Recipient | Purpose | Amount |
|---|---|---|
| YELLOW DOG COMM & CONS FOUNDATION BOZEMAN, MT | GENERAL | $12,000 |
| UNIVERSITY OF NOTRE DAME SOUTH BEND, IN | GENERAL | $27,000 |
| LIVINGSTON HEALTHCARE FOUNDATION LIVINGSTON, MT | GENERAL | $3,000 |
| OUTREACH CLINIC MILES CITY, MT | GENERAL | $1,000 |
| CONVENTUAL FRANCISCAN FRIAR OF MARY LIBERTYVILLE, IL | GENERAL | $1,000 |
| DOMINICAN SISTERS OF MARY MOTHER ANN ARBOR, MI | GENERAL | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MASON B REAY | PRESIDENT | 1 | — |
| KATHERINE B REAY | VP | 1 | — |
| ELIZABETH M REAY | TREAS/SEC | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Reay Family Foundation Inc?
Reay Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PRAY, MT. It holds $732K in total assets as of 2024.
How large is Reay Family Foundation Inc?
As of 2024, Reay Family Foundation Inc holds $732K in total assets with $22K in annual revenue. It awarded 6 grants totaling $45K in 2024.
Where does Reay Family Foundation Inc operate?
Reay Family Foundation Inc has awarded grants in Illinois, Indiana, Michigan, Montana.
What size grants does Reay Family Foundation Inc award?
In 2024, Reay Family Foundation Inc awarded 6 grants totaling $45K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Reay Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Reay Family Foundation Inc reported a distributable amount of $39K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Reay Family Foundation Inc's EIN?
Reay Family Foundation Inc's EIN (Employer Identification Number) is 83-4085616. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Reay Family Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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