Reay Family Foundation Inc
Reay Family Foundation Inc is a private foundation, based in Pray, MT. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $767K in total assets. In 2025, it awarded 3 grants totaling $40K. Net investment income was $25K.
Reay Family Foundation Inc at a glance
In short: Reay Family Foundation Inc gave $40K across 3 grants in 2025 (avg $13K), mostly in Indiana. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $40,000
- -11.1% vs 2024
- Grants made (2025)
- 3
- -50.0% vs 2024
- Average grant
- $13,333
- +77.8% vs 2024
- Median grant
- $10,000
- Total assets
- $767,067
- +4.8% vs 2024
- Primary geography
- Indiana (63% 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 Reay Family Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was University of Notre Dame ($25K). Together the top 3 received $40K.
Grant Size Distribution
30 grants across all recorded years
The most common grant size was under $50K: 30 grants of 30 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
Cities
How Reay Family Foundation Inc gives
- Giving held roughly steady from 2022 to 2025 (+0%). Method
- In 2025 it paid out 107% 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 $40K (2022) to $51K (2020). In 2025 it made 3 grants totaling $40K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Notre Dame South Bend, IN | General | $25,000 |
| Yellow Dog Comm & Cons Foundation Bozeman, MT | General | $10,000 |
| Catholic Foundation of Eastern MT Great Falls, MT | General | $5,000 |
Ready to take the next step with Reay Family Foundation Inc?
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 | $767,067 | $81,577 | $46,247 | $40,000 | 3 | $40,000 | $25,256 | $37,458 |
| 2024 | $731,737 | $21,983 | $48,605 | $45,000 | 6 | $45,000 | $19,001 | $39,119 |
| 2023 | $758,761 | $30,599 | $52,704 | $42,500 | 3 | $44,375 | $22,270 | $50,652 |
| 2022 | $781,104 | $-88,953 | $47,674 | $40,000 | 8 | $41,106 | $8,011 | $43,830 |
| 2021 | $917,091 | $14,218 | $49,945 | $48,000 | 10 | $49,012 | $13,284 | $47,159 |
| 2020 | $952,818 | $1,004,498 | $51,680 | $51,000 | 1 | — | $3,648 | $48,952 |
Under IRS private-foundation payout rules, Reay Family Foundation Inc reported a distributable amount of $37K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Reay Family Foundation Inc is led by Mason B. Reay, President since 2024 (on filings since 2019); none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Mason B. Reay
President
President & Director → President, 2024
On filings since 2019
No compensation reported
Elizabeth M. Reay
Treasurer & Secretary
Treasurer, Secretary & Director → Treasurer & Secretary, 2024
On filings since 2019
No compensation reported
Katherine B. Reay
Vice President
Vice President & Director → Vice President, 2024
On filings since 2019
No compensation reported
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.
Frequently asked questions about Reay Family Foundation Inc
How much does Reay Family Foundation Inc give each year?
Reay Family Foundation Inc gave $40K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $45K across 6 grants.
What is Reay Family Foundation Inc's typical grant size?
Reay Family Foundation Inc's median grant in 2025 was $10,000, and its average grant was $13,333, across 3 grants on its 2025 IRS Form 990-PF.
Where does Reay Family Foundation Inc give grants?
Reay Family Foundation Inc gives mostly in Indiana: 63% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Montana (38%).
Does Reay Family Foundation Inc give general operating support?
Yes: 100% of Reay Family Foundation Inc's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is Reay Family Foundation Inc?
Reay Family Foundation Inc reported $767K in total assets on its 2025 IRS Form 990-PF. It paid out $40K in qualifying distributions that year, against a required minimum of $37K (roughly 5% of its investment assets).
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 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 7, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS September 6, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS September 4, 2025)
- Added Form 990-PF for fiscal year 2019 (received by the IRS March 11, 2020)
Explore Open Grants
Browse active grant opportunities in Reay Family Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Bill Bartholomay Foundation
Chicago, IL
Assets
$16.0M
Grants
1
Total Given
$5K
The Rockefeller Foundation
New York, NY
The Rockefeller Foundation funds initiatives in energy access, sustainable food systems, health, climate, economic opportunity, and finance in the United States and around the world. In 2024, it made 381 grants, with a median grant of about $171,000, though awards ranged widely; it does not accept unsolicited requests and funds preselected organizations only.
Assets
$6.4B
Grants
381
Total Given
$233.2M
Greater Horizons
Kansas City, MO
Greater Horizons distributes donor-advised fund grants to eligible U.S. charities and institutions across a wide range of causes; international organizations may also be supported after additional due diligence. In 2024, its grants had a median of $15,000, though amounts varied widely. Grants are requested by fund holders, and no general application process for organizations seeking funding is described.
Assets
$2.8B
Grants
3,282
Total Given
$212.2M
Wonderful Life Foundation
West Palm Beach, FL
Wonderful Life Foundation supports education, healthcare, disability services, and family support organizations, with 2024 grants ranging from $1,000 to $4,167,000 and a median of $100,000. Its giving was concentrated in Illinois, Indiana, New York, and South Carolina, with grants also reaching other states. It funds only preselected charitable organizations and does not accept unsolicited requests.
Assets
$23.6M
Grants
53
Total Given
$24.7M
The Yelp Foundation
San Francisco, CA
Assets
$6.2M
Grants
644
Total Given
$886K
The Minneapolis Foundation
Minneapolis, MN
The Minneapolis Foundation funds civic, social, and economic needs, including economic mobility, education, health, the environment, arts, and human services, with most grant dollars going to Minnesota. Its 2025 grants had a median of $25,000, though amounts varied widely. It says no funding opportunities are currently open; whether it accepts unsolicited requests is not stated.
Assets
$1.2B
Grants
1,565
Total Given
$121.7M
More similar funders
More Funders in Montana
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Reay Family Foundation Inc'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.
Reay Family Foundation Inc down — hundreds of funders to go?