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Also known as: FOUNDATION INC
Leslie S & Marcia C Ray Foundation Inc. is a private corporation based in BEVERLY, MA. The foundation received its IRS ruling in 1998. It holds total assets of $3.1M. Annual income is reported at $876K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Leslie S & Marcia C Ray Foundation Inc. has made 157 grants totaling $703K, with a median grant of $3K. Annual giving has grown from $195K in 2020 to $343K in 2022. Individual grants have ranged from $500 to $24K, with an average award of $4K. The foundation has supported 65 unique organizations. The foundation primarily supports organizations in Massachusetts, Maine, New Hampshire, which account for 94% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Leslie S & Marcia C Ray Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 157 grants. Its grantmaking reaches organizations primarily in MA, ME, NH.
Leslie S & Marcia C Ray Foundation Inc. has distributed a total of $703K across 157 grants. The median grant size is $3K, with an average of $4K. Individual grants have ranged from $500 to $24K.
Leslie S & Marcia C Ray Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Leslie S & Marcia C Ray Foundation Inc. is headquartered in BEVERLY, MA. While based in MA, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David Ray | PRESIDENT/CLERK/DIRECTOR | $0 | $0 | $0 |
| Elizabeth H Shelley | TREASURER/DIRECTOR | $0 | $0 | $0 |
Total Giving
$172K
Total Assets
$3.1M
Fair Market Value
$3.3M
Net Worth
$3.1M
Grants Paid
$144K
Contributions
$0
Net Investment Income
$85K
Distribution Amount
$170K
Total Grants
157
Total Giving
$703K
Average Grant
$4K
Median Grant
$3K
Unique Recipients
65
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyGENERAL OPERATING BUDGET | Beverly, MA | $8K | 2022 |
| Senior CareGENERAL OPERATING BUDGET | Beverly, MA | $5K | 2022 |
| Open DoorGENERAL OPERATING BUDGET | Gloucester, MA | $5K | 2022 |
| LifebridgeGENERAL OPERATING BUDGET | Salem, MA | $3K | 2022 |
| North Shore YmcaGENERAL OPERATING BUDGET |
| Beverly, MA |
| $10K |
| 2022 |
| Beverly Children'S Learning CenterGENERAL OPERATING BUDGET | Beverly, MA | $10K | 2022 |
| North Shore Community Development Coalition IncGENERAL OPERATING BUDGET | Salem, MA | $10K | 2022 |
| Pathways For ChildrenGENERAL OPERATING BUDGET | Gloucester, MA | $10K | 2022 |
| HawcGENERAL OPERATING BUDGET | Salem, MA | $10K | 2022 |
| Grateful FriendsGENERAL OPERATING BUDGET | Beverly, MA | $10K | 2022 |
| Good Friday WalkGENERAL OPERATING BUDGET | Beverly, MA | $10K | 2022 |
| Beverly BootstrapsGENERAL OPERATING BUDGET | Beverly, MA | $10K | 2022 |
| Girls Incorporated Of LynnGENERAL OPERATING BUDGET | Lynn, MA | $10K | 2022 |
| The Community HouseGENERAL OPERATING BUDGET | South Hamilton, MA | $7K | 2022 |
| Beverly Hospital FundGENERAL OPERATING BUDGET | Beverly, MA | $5K | 2022 |
| Raw Art WorksGENERAL OPERATING BUDGET | Lynn, MA | $5K | 2022 |
| American Red CrossGENERAL OPERATING BUDGET | Beverly, MA | $5K | 2022 |
| Harborlight Community PartnersGENERAL OPERATING BUDGET | Beverly, MA | $5K | 2022 |
| Wenham MuseumGENERAL OPERATING BUDGET | Wenham, MA | $5K | 2022 |
| Root CapitalGENERAL OPERATING BUDGET | Cambridge, MA | $3K | 2022 |
| Northeast ArcGENERAL OPERATING BUDGET | Danvers, MA | $3K | 2022 |
| Change Is SimpleGENERAL OPERATING BUDGET | Beverly, MA | $3K | 2022 |
| University Of MaineGENERAL OPERATING BUDGET | Orono, ME | $3K | 2022 |
| Beverly Historical SocietyGENERAL OPERATING BUDGET | Beverly, MA | $3K | 2022 |
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