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Also known as: C/O THE AYCO COMPANY LP
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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. Total assets have grown from $4.1M in 2014 to $81.5M in 2023. The foundation is governed by 4 officers and trustees. Catalyzes change for families affected by BRCA mutations and low-income NYC youth by accelerating research, raising awareness and improving treatment for individuals and families affected by BRCA mutations and related cancers, while expanding access to education, healthcare, and opportunity for NYC youth from low-income communities. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in New York City (youth initiatives), National (BRCA research partnerships) and International (BRCA research partnerships). 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.
Multi-institutional, multidisciplinary research teams focused on prevention, interception, and early detection of BRCA-related cancers. $25 million awarded in 2023 to 7 research collaboratives.
Established in 2012 at Penn Medicine's Abramson Cancer Center with a transformative gift from Mindy and Jon Gray. Additional $55 million commitment in 2023 to create the Basser Cancer Interception Center.
Collaborative effort involving Harvard, Massachusetts General Hospital, University of Pennsylvania, Dana Farber Cancer Institute, University of British Columbia, and MSKCC.
Established in 2016 with over $32 million in commitments. Provides scholarship accounts for kindergarten students and financial literacy training through NYC Department of Education partnerships.
Supports talented, low-income NYC students with scholarships, enrichment funds, emergency assistance, coaching, and career connections. Currently supports 82 scholars across 12 colleges, including 9 historically Black colleges and universities (HBCUs).
Launched in 2024, provides free swimming lessons to approximately 2,000 second graders, prioritizing low-income communities and 'pool deserts.'
Catalyzes change for families affected by BRCA mutations and low-income NYC youth by accelerating research, raising awareness and improving treatment for individuals and families affected by BRCA mutations and related cancers, while expanding access to education, healthcare, and opportunity for NYC youth from low-income communities. 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. Does not accept unsolicited proposals. Invitations to apply are distributed to pre-selected organizations and researchers.
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 | N/A |
| Mindy Gray | SECRETARY & TREASURER | $0 | $0 | N/A |
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 |
| Mgh (Massachusetts General Hospital)BRCA RESEARCH | Somerville, MA | $1M | 2023 |
| New York UniversityNEUROSURGERY CHAIR | New York, NY | $1M | 2023 |
| Mayo ClinicTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | Rochester, MN | $1M | 2023 |
| The Trustees Of Columbia University In The City Of New YorkTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | New York, NY | $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 |
| Montefiore Medical CenterSCHOOL BASED HEALTH PROGRAMS | Bronx, NY | $750K | 2023 |
| Asphalt Green IncMAKING WAVES | New York, 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 |
| Hunter College Foundation IncGRAY FELLOWSHIP | New York, NY | $300K | 2023 |
| Metropolitan Museum Of ArtTEENS TAKE THE MET | New York, NY | $300K | 2023 |
| Macaulay Honors College FoundationADVANCE EQUITY IN HONORS EDUCATION | New York, NY | $262K | 2023 |
| Bard CollegeBIOMEDICAL SCIENCES AT BARD BRONX | Annandaleonhudson, NY | $250K | 2023 |
| Lincoln Center For The Performing ArtsTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | New York, NY | $250K | 2023 |
| Expanded Schools IncCITY WIDE TUTORING | New York, NY | $250K | 2023 |
| Prep For PrepTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | New York, NY | $200K | 2023 |
| Hospital For Special Surgery Fund IncSUMMER PREMED INTERNSHIP GRANT | 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 |