The Gray Foundation
The Gray Foundation is a private foundation established in Houston, Texas, and designated as a tax-exempt 501(c)(3) organization in December 1948. The foundation operates as a grantmaking organization with a focus on charitable giving across multiple sectors.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.2M
+5.0% YoY
Annual Giving
$90K
+34.3% YoY
Grant Count
33
+6.5% YoY
Avg Grant Size
$3K
+26.2% YoY
Mission & Focus Areas
The foundation's primary funding areas include:
- Social and Human Services (36% of giving)
- Religion (28% of giving)
- Health (approximately 11% of giving)
- Community Development
- Education
Grantmaking
The foundation made 30 grants in the most recent fiscal year (ending August 2025). Recent grants include:
Review Cycle
.
How to Apply
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Geographic Focus
Where this funder awards grants
Approximately 77% of grants remain in Louisiana, with significant giving also directed to Texas, Virginia, California, and Maryland.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Fiscal Year (FYE August 2025):
- Total Assets: $1,233,793
- Total Revenues: $163,083
- Total Expenses: $104,111
- Investment Income and Dividends: $96,541
- Net Gain from Sale of Non-Inventory Assets: $66,542
Prior Year (FYE August 2024):
- Total Assets: $1.17 million
- Total Revenues: $149,000
- Total Expenses: $77,900
Employees: 0
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,233,793 | $1,174,679 | $1,110,872 |
| Revenue | $163,083 | $148,776 | $93,149 |
| Expenses | $104,111 | $77,878 | $84,756 |
| Qualifying Distributions | $90,000 | $67,000 | $74,000 |
| Net Investment Income | $128,611 | $148,776 | $87,020 |
| Distributable Amount | $12,392 | $104,613 | $99,913 |
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 2025
Grant Size Distribution
153 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Emily Gray Elmore – President
- Rachel Elmore Davis – Secretary
The foundation was established by donors Elaine H. Gray and James A. Gray.
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| EMILY GRAY ELMORE | PRESIDENT | — | — |
| RACHEL ELMORE DAVIS | SECRETARY/TR | — | — |
| DAVID GRAY ELMORE | BOARD MEMBER | — | — |
| FRANK HAYWARD III | BOARD MEMBER | — | — |
Recent News & Activity
Recent developments and announcements
The foundation awarded a $1 million grant to Stony Brook University for student scholarships, representing a significant commitment to educational access.
Stony Brook University announces $1 million grant from The Gray FoundationContact Information
Address: PO Box 701129, Houston, TX 77270-1129
Phone: 713-623-4514
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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