The Gray Family Foundation
The Gray Family Foundation is a private foundation, based in Beaufort, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $446K in total assets. In 2024, it awarded 4 grants totaling $62K. Net investment income was $30K.
The Gray Family Foundation at a glance
In short: The Gray Family Foundation gave $62K across 4 grants in 2024 (avg $16K), mostly in South Carolina. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $62,000
- +24.0% vs 2023
- Grants made (2024)
- 4
- +33.3% vs 2023
- Average grant
- $15,500
- -7.0% vs 2023
- Median grant
- $14,000
- Total assets
- $446,360
- -6.7% vs 2023
- Primary geography
- South Carolina (94% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who The Gray Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was Beaufort Memorial Hospital Enowment ($30K). Together the top 4 received $62K.
Grant Size Distribution
16 grants across all recorded years
The most common grant size was under $50K: 15 grants of 16 (94%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 4 itemized grants.
Cities
How The Gray Family Foundation gives
- Giving grew 148% from 2021 to 2024. Method
- In 2024 it paid out 202% 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 2024, annual grant giving ranged from $25K (2021) to $275K (2020). In 2024 it made 4 grants totaling $62K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Beaufort Memorial Hospital Enowment Beaufort, SC | General Purpose | $30,000 |
| Port Royal Sound Foundation Okatie, SC | General Purpose | $20,000 |
| Foundation for Leadership Education Beaufort, SC | General Purpose | $8,000 |
| The Snow Foundation Clayton, MO | General Purpose | $4,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $446,360 | $32,962 | $64,978 | $62,000 | 4 | $62,000 | $29,984 | $30,673 |
| 2023 | $478,376 | $23,229 | $50,000 | $50,000 | 3 | $50,000 | $23,229 | $24,073 |
| 2022 | $505,147 | $5,230 | $78,000 | $78,000 | 4 | $78,000 | $5,230 | $25,858 |
| 2021 | $577,917 | $500,017 | $25,962 | $25,000 | 1 | $25,000 | $17 | $5,457 |
| 2020 | $103,862 | $101,488 | $275,471 | $275,300 | 4 | — | $1,488 | $8,218 |
Under IRS private-foundation payout rules, The Gray Family Foundation reported a distributable amount of $31K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Gray Family Foundation's 2024 filing lists 5 officers; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Caroline G. Bevon
Trustee
On filings since 2020
1 hr/week
No compensation reported
Herbert G. Gray
Trustee
On filings since 2020
1 hr/week
No compensation reported
Richard L. Gray
Trustee
On filings since 2020
1 hr/week
No compensation reported
Richard L. Gray Jr.
Trustee
On filings since 2020
1 hr/week
No compensation reported
SUZANNE Gray Wilkie
Trustee
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 The Gray Family Foundation
How much does The Gray Family Foundation give each year?
The Gray Family Foundation gave $62K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $50K across 3 grants.
What is The Gray Family Foundation's typical grant size?
The Gray Family Foundation's median grant in 2024 was $14,000, and its average grant was $15,500, across 4 grants on its 2024 IRS Form 990-PF.
Where does The Gray Family Foundation give grants?
The Gray Family Foundation gives mostly in South Carolina: 94% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Missouri (6%). The most frequent recipient cities were Beaufort, SC (2 grants).
Does The Gray Family Foundation give general operating support?
Yes: 100% of The Gray Family Foundation's 2024 grants with a stated purpose (4 of 4) were for general or operating support, per its 2024 IRS Form 990-PF.
How large is The Gray Family Foundation?
The Gray Family Foundation reported $446K in total assets on its 2024 IRS Form 990-PF. It paid out $62K in qualifying distributions that year, against a required minimum of $31K (roughly 5% of its investment assets).
What is The Gray Family Foundation's EIN?
The Gray Family Foundation's EIN (Employer Identification Number) is 20-7040780. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Gray Family Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in The Gray Family Foundation's focus areas in our free grants database
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