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Also known as: C/O THE AYCO COMPANY LP
Gray Foundation is a private corporation based in ALBANY, NY. The foundation received its IRS ruling in 2014. The principal officer is % Ayco Company Lp - Ntg. It holds total assets of $83.4M. Annual income is reported at $137.8M. THE FOUNDATION DOES NOT ENGAGE IN ANY DIRECT CHARITABLE ACTIVITIES; RATHER, IT ACCOMPLISHES ITS EXEMPT FUNCTION AND CHARITABLE PURPOSE THROUGH GRANT PAYMENTS TO IRC SECTION. According to available records, Gray Foundation has made 901 grants totaling $248.3M, with a median grant of $50K. Annual giving has grown from $27.1M in 2020 to $45M in 2023. Grantmaking activity was highest in 2022 with $144.9M distributed across 720 grants. Individual grants have ranged from $226 to $31.3M, with an average award of $276K. The foundation has supported 181 unique organizations. The foundation primarily supports organizations in New York, Pennsylvania, Massachusetts, which account for 83% of all grants. Grantmaking reaches organizations across 16 states. Contributions to this foundation are tax-deductible.
THE FOUNDATION DOES NOT ENGAGE IN ANY DIRECT CHARITABLE ACTIVITIES; RATHER, IT ACCOMPLISHES ITS EXEMPT FUNCTION AND CHARITABLE PURPOSE THROUGH GRANT PAYMENTS TO IRC SECTION 501(C)(3) QUALIFIED CHARITIES.
THE FOUNDATION DOES NOT ENGAGE IN ANY DIRECT CHARITABLE ACTIVITIES; RATHER, IT ACCOMPLISHES ITS EXEMPT FUNCTION AND CHARITABLE PURPOSE THROUGH GRANT PAYMENTS TO IRC SECTION. Based on available records, the foundation has funded 901 grants. Its grantmaking reaches organizations primarily in NY, PA, MA.
Gray Foundation has distributed a total of $248.3M across 901 grants. The median grant size is $50K, with an average of $276K. Individual grants have ranged from $226 to $31.3M.
Gray Foundation typically selects its grantees rather than accepting unsolicited proposals.
Gray Foundation is headquartered in ALBANY, NY. While based in NY, the foundation distributes grants to organizations across 16 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dana Zucker | CHIEF EXECUTIVE OFFICER | $592K | $18K | $610K |
| Charissa Fernandez | PRESIDENT | $365K | $74K | $439K |
| Jonathan Gray | PRESIDENT | $0 | $0 | $0 |
| Mindy Gray | SECRETARY & TREASURER | $0 | $0 | $0 |
Total Giving
$48.4M
Total Assets
$81.5M
Fair Market Value
$293.6M
Net Worth
$81.5M
Grants Paid
$45M
Contributions
$41.2M
Net Investment Income
$22.8M
Distribution Amount
$12.2M
Total: $78.2M
Total Grants
901
Total Giving
$248.3M
Average Grant
$276K
Median Grant
$50K
Unique Recipients
181
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Trustees Of The University Of PennsylvaniaBASSER INTERCEPTION CENTER | Philadelphia, PA | $9.5M | 2023 |
| Nyc Kids Rise IncTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | Long Island City, NY | $5M | 2023 |
| United Negro College Fund IncNYC SCHOLARS COHORT | Washington, DC | $2M | 2023 |
| The Trustees Of Columbia University In The City Of New YorkTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | New York, NY | $1M | 2023 |
| New York UniversityNEUROSURGERY CHAIR | New York, NY |
Other foundations that have funded Gray Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Harry And Virginia Murray Foundation | $50K | 2023 | GENERAL OPERATING |
| Connie & Evan Duglin Foundation Inc. | $5K | 2023 | MEDICAL RESEARCH |
| Enterprise Holdings Foundation | $3K | 2023 | Program Support |
| Offutt Family Foundation | $1K | 2023 | general fund |
SARATOGA SPGS, NY
LAS VEGAS, NV
GREENWICH, CT
BROOKLYN, NY
| 2016 | 990PF | View |
| $1M |
| 2023 |
| Mgh (Massachusetts General Hospital)BRCA RESEARCH | Somerville, MA | $1M | 2023 |
| Mayo ClinicTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | Rochester, MN | $1M | 2023 |
| Dana-Farber Cancer InstituteTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | Boston, MA | $994K | 2023 |
| Yale UniversityTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | New Haven, CT | $973K | 2023 |
| President And Fellows Of Harvard CollegeBRUGGE HMS FUND | Cambridge, MA | $750K | 2023 |
| Asphalt Green IncMAKING WAVES | New York, NY | $750K | 2023 |
| Montefiore Medical CenterSCHOOL BASED HEALTH PROGRAMS | Bronx, NY | $750K | 2023 |
| Johns Hopkins UniversityTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | Baltimore, MD | $750K | 2023 |
| Massachusetts Institute Of TechnologyTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | Cambridge, MA | $532K | 2023 |
| John Jay College Foundation IncCUSP PROGRAM | New York, NY | $500K | 2023 |
| Village Academies Network IncPRE-K PROGRAMS | New York, NY | $500K | 2023 |
| Memorial Sloan Kettering Cancer CenterENGAGE SCHOLARSHIP | New York, NY | $421K | 2023 |
| Cleveland Clinic FoundationBRCA RESEARCH | Independence, OH | $320K | 2023 |
| Metropolitan Museum Of ArtTEENS TAKE THE MET | New York, NY | $300K | 2023 |
| Hunter College Foundation IncGRAY FELLOWSHIP | New York, NY | $300K | 2023 |
| Macaulay Honors College FoundationADVANCE EQUITY IN HONORS EDUCATION | New York, NY | $262K | 2023 |
| Expanded Schools IncCITY WIDE TUTORING | New York, NY | $250K | 2023 |
| Lincoln Center For The Performing ArtsTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | New York, NY | $250K | 2023 |
| Bard CollegeBIOMEDICAL SCIENCES AT BARD BRONX | Annandaleonhudson, NY | $250K | 2023 |
| Hospital For Special Surgery Fund IncSUMMER PREMED INTERNSHIP GRANT | New York, NY | $200K | 2023 |
| Prep For PrepTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | New York, NY | $200K | 2023 |
| Jed FoundationNYC WORK | New York, NY | $200K | 2023 |
| University Of British ColumbiaAPARICIO-ATLAS PROJECT | Vancouver | $175K | 2023 |
| Peer Health Exchange IncTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | Oakland, CA | $167K | 2023 |
| Breast Cancer Research FoundationTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | New York, NY | $150K | 2023 |
| Let'S Win Pancreatic Cancer FoundationTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | New York, NY | $150K | 2023 |
| Ny Public Library Astor Lenox And Tilden FoundationsTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | New York, NY | $150K | 2023 |
| Morehouse CollegeSTUDENT SUCCESS SCHOLARSHIP FUND | Atlanta, GA | $133K | 2023 |
| Central Park Conservancy IncTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | New York, NY | $125K | 2023 |
| Bronx Children'S MuseumTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | Bronx, NY | $101K | 2023 |
| Foundation For City CollegeTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | New York, NY | $100K | 2023 |
| Teach For America IncNYC PROGRAMMING | New York, NY | $100K | 2023 |
| Wildlife Conservation SocietyCAREER LATTICE PROGRAM | Bronx, NY | $100K | 2023 |
| New York Opportunity Network IncTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | New York, NY | $100K | 2023 |
| Research Foundation Of The City University Of New YorkTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | New York, NY | $100K | 2023 |
| East Harlem Tutorial Program IncHIGH SCHOOL CONSTRUCTION PLEDGE | New York, NY | $100K | 2023 |
| Civic Builders IncTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | New York, NY | $100K | 2023 |
| The DoorSUMMERFIELD/YOUTH MENTAL HEALTH | New York, NY | $100K | 2023 |
| Robin Hood FoundationTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | New York, NY | $100K | 2023 |
| Harlem Rbi IncorporatedTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | New York, NY | $100K | 2023 |
| Sponsors For Educational Opportunity IncTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | New York, NY | $100K | 2023 |
| Student Leadership Network IncCOLLEGE BOUND INITIATIVE NYC | New York, NY | $100K | 2023 |
| University Settlement Society Of New YorkSUMMERFIELD/YOUTH MENTAL HEALTH | New York, NY | $93K | 2023 |
| Cornell UniversityNOLAN SCHOOL - CERIALE SCHOLARSHIP | Ithaca, NY | $79K | 2023 |
| Mount Sinai HospitalADOLESCENT HEALTH CENTER | New York, NY | $77K | 2023 |
| $50K |
| 2022 |
| GENERAL OPERATING |
| Harry And Virginia Murray Foundation | $50K | 2022 | GENERAL OPERATING |
| Enterprise Holdings Foundation | $3K | 2022 | Program Support |
| Enterprise Holdings Foundation | $3K | 2022 | Program Support |
| Pfizer Foundation Inc. | $2K | 2022 | VOLUNTEER PROGRAM |
| Pfizer Foundation Inc. | $2K | 2022 | VOLUNTEER PROGRAM |
| Pfizer Foundation Inc. | $1K | 2022 | MATCHING GIFTS |
| Pfizer Foundation Inc. | $1K | 2022 | MATCHING GIFTS |
| Jam Family Foundation Inc. | $500 | 2022 | CHARITABLE |
| Faith And Freedom Foundation | $125 | 2022 | FUNDRAISING ACTIVITY |
| Faith And Freedom Foundation | $125 | 2022 | FUNDRAISING ACTIVITY |
| Jpmorgan Chase Foundation | $100 | 2022 | GENERAL OPERATING SUPPORT |
| Jpmorgan Chase Foundation | $100 | 2022 | GENERAL OPERATING SUPPORT |
| Swanson Cares | $80 | 2022 | Gift basket donation |
| Swanson Cares | $80 | 2022 | Gift basket donation |
| Harry And Virginia Murray Foundation | $50K | 2021 | GENERAL OPERATING |
| Pfizer Foundation Inc. | $3K | 2021 | VOLUNTEER PROGRAM |
| Pfizer Foundation Inc. | $700 | 2021 | MATCHING GIFTS |
| Pfizer Foundation Inc. | $50 | 2021 | MATCHING GIFTS |
| Binder Foundation | $5K | 2020 | DONATION |
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