The Charles L Gray Charitable Foundation
The Charles L Gray Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OWENSBORO, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $135K in total assets. In 2024, it awarded 1 grants totaling $12K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$135K
-8.2% YoY
Annual Giving
$12K
+1100.0% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$12K
+2300.0% YoY
Under IRS private-foundation payout rules, The Charles L Gray Charitable Foundation reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.
About The Charles L Gray Charitable Foundation
Based on IRS filings
The Charles L Gray Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OWENSBORO, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $135K in total assets. In 2024, it awarded 1 grants totaling $12K.
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 | $134,529 | $146,529 | $150,329 |
| Revenue | — | — | — |
| Expenses | $12,000 | $3,800 | $4,661 |
| Qualifying Distributions | $12,000 | $1,000 | $2,000 |
| Net Investment Income | — | — | — |
| Distributable Amount | $6,798 | $7,376 | $7,564 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Icm ($12,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ICM Newport News, VA | Church MinistryBuild Churhes around the world | $12,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Kathryn A Gray | Chairman | 0.2 | — |
| Michael Farley | President | 0.1 | — |
| Sarah Farley | Treasurer | 0.1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Charles L Gray Charitable Foundation?
The Charles L Gray Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OWENSBORO, KY. It holds $135K in total assets as of 2024.
How large is The Charles L Gray Charitable Foundation?
As of 2024, The Charles L Gray Charitable Foundation holds $135K in total assets. It awarded 1 grants totaling $12K in 2024.
Where does The Charles L Gray Charitable Foundation operate?
The Charles L Gray Charitable Foundation has awarded grants in Florida, Kentucky, Virginia.
What size grants does The Charles L Gray Charitable Foundation award?
In 2024, The Charles L Gray Charitable Foundation awarded 1 grants totaling $12K — an average of about $12K per grant, based on its IRS Form 990 filings.
How much is The Charles L Gray Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Charles L Gray Charitable Foundation reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Charles L Gray Charitable Foundation's EIN?
The Charles L Gray Charitable Foundation's EIN (Employer Identification Number) is 74-3176505. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Charles L Gray Charitable Foundation'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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