Richard and Mary L Gray Foundation

CHICAGO, IL EIN: 36-3485580

Richard and Mary L Gray Foundation is a private foundation, based in CHICAGO, IL. IRS filing data is available for 2020. In 2020, it awarded 43 grants totaling $8.0M. Net investment income was $1.5M.

Financial Overview

From 2020 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$8.0M

Grant Count

43

Avg Grant Size

$187K

About Richard and Mary L Gray Foundation

Based on IRS filings

Richard and Mary L Gray Foundation is a private foundation, based in CHICAGO, IL. IRS filing data is available for 2020. In 2020, it awarded 43 grants totaling $8.0M. Net investment income was $1.5M.

Ready to take the next step with Richard and Mary L Gray Foundation?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

Bryn MawrChicagoColumbusDavisEvanstonNew YorkSouth HavenWashingtonWaterville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$7M$9M2020
Metric2020
Total Assets
Revenue$1,641,767
Expenses$8,165,882
Qualifying Distributions
Net Investment Income$1,521,064
Distributable Amount$180,937

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$8M43 grants2020

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2020

THE CHICAGO COMMUNITY FO…$6.4MCHICAGO SYMPHONY ORCHESTRA$1.2MPIERPONT MORGAN LIBRARY$100KACCESS LIVING OF METROPO…$40KART INSTITUTE OF CHICAGO$40KCHICAGO HUMANITIES FESTI…$25KNEWBERRY LIBRARY$25KREGENTS OF THE UNIVERSIT…$25KUNIVERSITY OF CHICAGO$25KWINDOW TO THE WORLD COMM…$25K

Grant Size Distribution

43 grants across all recorded years

40<$50K$50–100K1$100–250K$250–500K$500K–1M1$1–5M1$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2020 IRS filing

From 2020 filing

NameTitleHoursCompensation
PAUL GRAYPRESIDENT1
MARY GRAYVICE-PRES.0.5
HARRY GRAYDIRECTOR0.5
JENNIFER GRAYDIRECTOR0.5

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

What could you do with Richard and Mary L Gray Foundation on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities