Seymour and Katherine Garay Foundation

Foundation · Grantmaker READING, MA EIN: 26-2847373

Seymour and Katherine Garay Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in READING, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $556K in total assets. In 2024, it awarded 15 grants totaling $42K. Net investment income was $31K.

Key facts about Seymour and Katherine Garay Foundation

EIN: 26-2847373
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $42,250
Grants made (2024): 15
Average grant: $2,817
Median grant: $1,000
Total assets: $555,537
Primary geography: New Jersey (47% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated April 2026.

Who Seymour and Katherine Garay Foundation funds

By grant dollars, the top recipient states for Seymour and Katherine Garay Foundation's 15 itemized 2024 grants were New Jersey (47%), Florida (31%) and Connecticut (15%). The most frequent recipient cities were Guilford, CT (3 grants) and South Orange, NJ (2 grants). 100% of grants with a stated purpose were for general or operating support.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$556K

-1.3% YoY

Annual Giving

$42K

-23.2% YoY

Grant Count

-21.1% YoY

Avg Grant Size

$3K

-2.7% YoY

Under IRS private-foundation payout rules, Seymour and Katherine Garay Foundation reported a distributable amount of $44K for 2024 — the minimum it must pay out in qualifying distributions.

About Seymour and Katherine Garay Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New Jersey $20K (47%)

Florida $13K (31%)

Connecticut $7K (15%)

Massachusetts $2K (5%)

New York $500 (1%)

Share of all 15 itemized 2024 grant dollars.

States

Connecticut District of Columbia Florida Massachusetts Maryland Minnesota New Jersey New York

Cities

GuilfordNew YorkBoca RatonWest Palm BeachSouth OrangeBronxDeerfield BeachDelray BeachFort LauderdaleHartfordWashingtonBaltimoreBoynton BeachMiamiNorth BranfordNutleyRiviera BeachSt PaulReadingRockville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$555,537	$562,793	$611,694
Revenue	$38,170	$17,826	$355
Expenses	$50,426	$66,727	$38,201
Qualifying Distributions	$42,250	$55,000	$27,000
Net Investment Income	$31,431	$6,734	$6,047
Distributable Amount	$44,162	$35,840	$37,563

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

97 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Seton Hall University - College of Nursing ($10,000), Seton Hall University - Men's Basketball Scholarship ($10,000), The Salvation Army ($10,000).

Recipient	Purpose	Amount
SETON HALL UNIVERSITY - COLLEGE OF NURSING SOUTH ORANGE, NJ	GENERAL	$10,000
SETON HALL UNIVERSITY - MEN'S BASKETBALL SCHOLARSHIP SOUTH ORANGE, NJ	GENERAL	$10,000
THE SALVATION ARMY WEST PALM BEACH, FL	GENERAL	$10,000
DOG DAYS ADOPTION EVENTS NORTH BRANFORD, CT	GENERAL	$2,000
MISSION OF DEEDS READING, MA	GENERAL	$2,000
WOMEN AND FAMILY LIFE GUILFORD, CT	GENERAL	$2,000
BOCA HELPING HANDS BOCA RATON, FL	GENERAL	$1,000
CONNECTICUT FOOD SHARE WALLINGFORD, CT	GENERAL	$1,000
FAMILY PROMISE OF SOUTH PALM BEACH CO DELRAY BEACH, FL	GENERAL	$1,000
GATEWAY COMMUNITY OUTREACH DEERFIELD BEACH, FL	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
MEGHAN WALDRON	TRUSTEE	2	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Seymour and Katherine Garay Foundation?

Seymour and Katherine Garay Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in READING, MA. It holds $556K in total assets as of 2024.

How large is Seymour and Katherine Garay Foundation?

As of 2024, Seymour and Katherine Garay Foundation holds $556K in total assets with $38K in annual revenue. It awarded 15 grants totaling $42K in 2024.

Where does Seymour and Katherine Garay Foundation operate?

Seymour and Katherine Garay Foundation has awarded grants in Connecticut, District of Columbia, Florida, Massachusetts, Maryland, Minnesota, New Jersey, New York.

What size grants does Seymour and Katherine Garay Foundation award?

In 2024, Seymour and Katherine Garay Foundation awarded 15 grants totaling $42K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Seymour and Katherine Garay Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Seymour and Katherine Garay Foundation reported a distributable amount of $44K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Seymour and Katherine Garay Foundation's EIN?

Seymour and Katherine Garay Foundation's EIN (Employer Identification Number) is 26-2847373. IRS Form 990 filing data is available on this page for 2020–2024.