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Also known as: C/O PAUL MCCOY PATH
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Grayvest Foundation is a private trust based in BOSTON, MA. The foundation received its IRS ruling in 2019. The principal officer is Paul Mccoy Family Office Services. It holds total assets of $14.2M. Annual income is reported at $292K. Total assets have decreased from $24.6M in 2019 to $16M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Grayvest Foundation has made 3 grants totaling $3.7M, with a median grant of $1.2M. Annual giving has decreased from $2.4M in 2022 to $1.3M in 2023. Individual grants have ranged from $1.2M to $1.3M, with an average award of $1.2M. Grant recipients are concentrated in Rhode Island. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Grayvest Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in RI.
Grayvest Foundation has distributed a total of $3.7M across 3 grants. The median grant size is $1.2M, with an average of $1.2M. Individual grants have ranged from $1.2M to $1.3M.
Grayvest Foundation typically selects its grantees rather than accepting unsolicited proposals.
Grayvest Foundation is headquartered in BOSTON, MA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David B Thurston | TRUSTEE | $0 | $0 | N/A |
| Catherine Lee Hayden | TRUSTEE | $0 | $0 | N/A |
Total Giving
$1.6M
Total Assets
$16M
Fair Market Value
$22.2M
Net Worth
$16M
Grants Paid
$1.3M
Contributions
N/A
Net Investment Income
$59K
Distribution Amount
$1.2M
Total: $500K
Total Grants
3
Total Giving
$3.7M
Average Grant
$1.2M
Median Grant
$1.2M
Unique Recipients
1
Most Common Grant
$1.2M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Vanguard Charitable Endowment ProgramCHARITABLE | Warwick, RI | $1.3M | 2023 |