The Ray Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BIRMINGHAM, AL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $908K in total assets. In 2025, it awarded 8 grants totaling $30K. Net investment income was $31K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$908K
+60.6% YoY
Annual Giving
$30K
+19.6% YoY
Grant Count
8
+166.7% YoY
Avg Grant Size
$4K
-55.1% YoY
About The Ray Foundation
Based on IRS filings
The Ray Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BIRMINGHAM, AL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $908K in total assets. In 2025, it awarded 8 grants totaling $30K. Net investment income was $31K.
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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $908,299 | $565,740 | $491,613 |
| Revenue | $39,398 | $27,951 | $6,072 |
| Expenses | $40,190 | $30,226 | $34,649 |
| Qualifying Distributions | $29,900 | $25,000 | $25,500 |
| Net Investment Income | $31,218 | $10,215 | $3,664 |
| Distributable Amount | $39,996 | $26,300 | $23,858 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2025
Grant Size Distribution
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HENRY B RAY JR | PRESIDENT | — | — |
| CAROLYN M RAY | TREASURER | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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