The Ray Family Foundation Inc
The Ray Family Foundation Inc is a private foundation, based in Louisville, KY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $261K in total assets. In 2025, it awarded 5 grants totaling $16K. Net investment income was $16K.
The Ray Family Foundation Inc at a glance
In short: The Ray Family Foundation Inc gave $16K across 5 grants in 2025 (avg $3K), mostly in Kentucky. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $16,000
- -15.8% vs 2024
- Grants made (2025)
- 5
- -16.7% vs 2024
- Average grant
- $3,200
- +1.1% vs 2024
- Median grant
- $3,000
- Total assets
- $260,996
- -1.4% vs 2024
- Primary geography
- Kentucky (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Ray Family Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
The largest 2025 recipient was TKO Parkinsons ($5K). Together the top 5 received $16K.
Grant Size Distribution
27 grants across all recorded years
The most common grant size was under $50K: 27 grants of 27 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 5 itemized grants.
Cities
How The Ray Family Foundation Inc gives
- Giving held roughly steady from 2022 to 2025 (−9%). Method
- In 2025 it paid out 105% 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 2025, annual grant giving ranged from $16K (2020) to $22K (2021). In 2025 it made 5 grants totaling $16K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| TKO Parkinsons Louisville, KY | To Support the the Mission of the Organization | $5,000 |
| 29TH and 9TH Foundation Fisherville, KY | To Support the the Mission of the Organization | $3,000 |
| Travel of Hope Louisville, KY | To Support the the Mission of the Organization | $3,000 |
| LRPFD Louisville, KY | To Support the the Mission of the Organization | $3,000 |
| Summit Academy Louisville, KY | To Support the the Mission of the Organization | $2,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $260,996 | $17,964 | $21,676 | $16,000 | 5 | $19,550 | $15,919 | $18,673 |
| 2024 | $264,708 | $7,149 | $21,044 | $19,000 | 6 | $19,525 | $5,816 | $16,616 |
| 2023 | $270,044 | $16,541 | $22,035 | $18,000 | 5 | $18,787 | $13,394 | $16,504 |
| 2022 | $275,538 | $7,194 | $22,432 | $17,500 | 5 | $18,525 | $6,578 | $15,281 |
| 2021 | $290,776 | $28,646 | $26,921 | $22,000 | 6 | $22,977 | $24,902 | $18,433 |
| 2020 | $289,100 | $16,147 | $20,433 | $16,000 | 4 | — | $12,664 | $16,548 |
Under IRS private-foundation payout rules, The Ray Family Foundation Inc reported a distributable amount of $19K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Ray Family Foundation Inc is led by Mackenzie A. Hundley, President since 2022 (on filings since 2020); none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Mackenzie A. Hundley
President
President & Director → President, 2022
On filings since 2020
1 hr/week
No compensation reported
Bradford T. Ray
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Kyle A. Ray
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Stacey P. Ray
Director
On filings since 2020
1 hr/week
No compensation reported
Samantha M. Kelsey
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Former officers (1)
- Former: Samantha M. Ray (2020–2021) — Director
Data from IRS Form 990 filings, 2020–2025. "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 Ray Family Foundation Inc
How much does The Ray Family Foundation Inc give each year?
The Ray Family Foundation Inc gave $16K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $19K across 6 grants.
What is The Ray Family Foundation Inc's typical grant size?
The Ray Family Foundation Inc's median grant in 2025 was $3,000, and its average grant was $3,200, across 5 grants on its 2025 IRS Form 990-PF.
Where does The Ray Family Foundation Inc give grants?
The Ray Family Foundation Inc gives mostly in Kentucky: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Louisville, KY (4 grants).
Does The Ray Family Foundation Inc give general operating support?
Not in 2025: none of the 5 grants with a stated purpose on The Ray Family Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Support the the Mission of the Organization" (5 grants).
Who are The Ray Family Foundation Inc's largest grantees?
The Ray Family Foundation Inc's largest 2025 grantees include TKO Parkinsons ($5,000), 29TH and 9TH Foundation ($3,000) and Travel of Hope ($3,000), according to its 2025 IRS Form 990-PF. Together they received 69% of its itemized 2025 grant dollars.
How large is The Ray Family Foundation Inc?
The Ray Family Foundation Inc reported $261K in total assets on its 2025 IRS Form 990-PF. It paid out $20K in qualifying distributions that year, against a required minimum of $19K (roughly 5% of its investment assets).
What is The Ray Family Foundation Inc's EIN?
The Ray Family Foundation Inc's EIN (Employer Identification Number) is 26-0149529. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS June 25, 2026)
- IRS filings on file for fiscal years 2020–2024
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Browse active grant opportunities in The Ray Family Foundation Inc's focus areas in our free grants database
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