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Also known as: FOUNDATION INC
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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 $3.9M. Annual income is reported at $2.7M. Total assets have grown from $938K in 2010 to $3.1M in 2022. 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. The foundation primarily funds organizations in Massachusetts and Maine. 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.
Smallest Grant
$500
Median Grant
$3K
Average Grant
$4K
Largest Grant
$10K
Based on 40 grants from the most recent 990-PF filing.
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.
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 | N/A |
| Elizabeth H Shelley | TREASURER/DIRECTOR | $0 | $0 | N/A |
Total Giving
$172K
Total Assets
$3.1M
Fair Market Value
$3.3M
Net Worth
$3.1M
Grants Paid
$144K
Contributions
N/A
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 |
| Beverly Children'S Learning CenterGENERAL OPERATING BUDGET | Beverly, MA | $10K | 2022 |
| North Shore YmcaGENERAL OPERATING BUDGET | Beverly, MA | $10K | 2022 |
| Girls Incorporated Of LynnGENERAL OPERATING BUDGET | Lynn, MA | $10K | 2022 |
| Beverly BootstrapsGENERAL OPERATING BUDGET | Beverly, MA | $10K | 2022 |
| Grateful FriendsGENERAL OPERATING BUDGET | Beverly, MA | $10K | 2022 |
| Good Friday WalkGENERAL 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 |
| The Community HouseGENERAL OPERATING BUDGET | South Hamilton, MA | $7K | 2022 |
| Beverly Hospital FundGENERAL OPERATING BUDGET | Beverly, MA | $5K | 2022 |
| Wenham MuseumGENERAL OPERATING BUDGET | Wenham, MA | $5K | 2022 |
| Harborlight Community PartnersGENERAL OPERATING BUDGET | Beverly, MA | $5K | 2022 |
| American Red CrossGENERAL OPERATING BUDGET | Beverly, MA | $5K | 2022 |
| Raw Art WorksGENERAL OPERATING BUDGET | Lynn, MA | $5K | 2022 |
| Beverly Historical SocietyGENERAL OPERATING BUDGET | Beverly, MA | $3K | 2022 |
| Change Is SimpleGENERAL OPERATING BUDGET | Beverly, MA | $3K | 2022 |
| Northeast ArcGENERAL OPERATING BUDGET | Danvers, MA | $3K | 2022 |
| University Of MaineGENERAL OPERATING BUDGET | Orono, ME | $3K | 2022 |
| Root CapitalGENERAL OPERATING BUDGET | Cambridge, MA | $3K | 2022 |