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Ray Foundation Inc. is a private corporation based in NAPLES, FL. The foundation received its IRS ruling in 1963. The principal officer is % Charles Ahearn President. It holds total assets of $71.2M. Annual income is reported at $19.6M. According to available records, Ray Foundation Inc. has made 137 grants totaling $29.7M, with a median grant of $50K. Annual giving has grown from $9.2M in 2022 to $20.5M in 2023. Individual grants have ranged from $5K to $2.5M, with an average award of $217K. The foundation has supported 49 unique organizations. The foundation primarily supports organizations in Maryland, Wisconsin, Florida, which account for 41% of all grants. Grantmaking reaches organizations across 20 states. Contributions to this foundation are tax-deductible.
Ray Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 137 grants. Its grantmaking reaches organizations primarily in MD, WI, FL.
Ray Foundation Inc. has distributed a total of $29.7M across 137 grants. The median grant size is $50K, with an average of $217K. Individual grants have ranged from $5K to $2.5M.
The application deadline is SEE ATTACHED STATEMENT 12. SEE ATTACHED STATEMENT 12.
Ray Foundation Inc. is headquartered in NAPLES, FL. While based in FL, the foundation distributes grants to organizations across 20 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Charles J Ahearn | PRESIDENT/DIRECTOR | $500K | $0 | $500K |
| Jeffery J Tempas | TREASURER/DIRECTOR | $259K | $0 | $259K |
| Patricia J Arthur | SECRETARY/DIRECTOR | $175K | $0 | $175K |
Total Giving
$11.8M
Total Assets
$72.7M
Fair Market Value
$241.2M
Net Worth
$72.7M
Grants Paid
$10.3M
Contributions
$1.2M
Net Investment Income
$5.8M
Distribution Amount
$10.7M
Total: $60.3M
Total Grants
137
Total Giving
$29.7M
Average Grant
$217K
Median Grant
$50K
Unique Recipients
49
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Experimental Aircraft AssociationRESTRICTED GRANT - SCHOLARSHIP SUPPORT | Oshkosh, WI | $1.9M | 2022 |
| Aopa Air Safety FoundationSUPPORT FOR 'YOU CAN FLY' PROGRAM | Frederick, MD | $2.5M | 2023 |
| Eaa Aviation Foundation IncRESTRICTED GRANT - SCHOLARSHIP SUPPORT | Oshkosh, WI | $1.8M | 2023 |
| Wings Over The RockiesYOUTH PROGRAMMING SUPPORT | Denver, CO | $750K | 2023 |
| Und Aerospace FoundationVETERANS SCHOLARSHIP PROGRAM SUPPORT |
| 2018 | 990PF | View |
| Grand Forks, ND |
| $353K |
| 2023 |
| Civil Air Patrol FoundationFLIGHT SCHOLARSHIPS FUNDING | Maxwell Afb, AL | $330K | 2023 |
| The Immokalee FoundationMATCHING GRANT PATHWAYS PROGRAMS SUPPORT | Naples, FL | $250K | 2023 |
| Colorado Skies AcademyOPERATING BUDGET SUPPORT | Englewood, CO | $250K | 2023 |
| Southeastern Guide DogsOPERATING BUDGET SUPPORT | Palmetto, FL | $250K | 2023 |
| Commerative Air ForceNAEC PROGRAMS OPERATING SUPPORT | Dallas, TX | $222K | 2023 |
| Community Foundation Of Collier CountyJAMES C RAY SCHOLARSHIP FUNDING | Naples, FL | $200K | 2023 |
| Aerospace Center For ExcellenceSKYLAB OPERATING SUPPORT | Lakeland, FL | $187K | 2023 |
| Teens In FlightOPERATING SUPPORT | Palm Coast, FL | $151K | 2023 |
| Pearl Harbor Aviation MuseumFLIGHT SCHOLARSHIP FUNDING SUPPORT | Honolulu, HI | $150K | 2023 |
| Reno Air Racing AssociationSCHOLARSHIP FUNDING SUPPORT | Reno, NV | $110K | 2023 |
| Flight FoundationFLIGHT SCHOLARSHIP FUNDING SUPPORT | Unicoi, TN | $90K | 2023 |
| Williamsburg Aviation ScholarshipFLIGHT SCHOLARSHIP FUNDING | Milliamsburg, VA | $75K | 2023 |
| Stem FlightsSCHOLARSHIP PROGRAM SUPPORT | Alexandria, VA | $75K | 2023 |
| The Heritage FoundationINTERNSHIPS | Washington, DC | $60K | 2023 |
| Holocaust Museum & Cohen Education CenterYOUTH EDUCATION PROGRAMMING SUPPORT | Naples, FL | $50K | 2023 |
| Children'S Hospital Colorado FoundationANSCHUTZ MITOCHONDRIAL LAB SUPPORT | Aurora, CO | $50K | 2023 |
| Alzheimer'S Support NetworkOPERATING BUDGET SUPPORT | Naples, FL | $50K | 2023 |
| Highlands Engineering And Aero Tech ProgramEDUCATION PROGRAM OPERATING SUPPORT | Sebring, FL | $39K | 2023 |
| Kettle Moraine Youth Aviation IncYOUTH AIRCRAFT BUILD SUPPORT | Juneau, WI | $37K | 2023 |
| Arkansas Valley Humane SocietyOPERATING BUDGET SUPPORT | Buena Vista, CO | $35K | 2023 |
| Civil Air Patrol Mn 122FLIGHT SCHOLARSHIP FUNDING SUPPORT AND SIMULATOR PURCHASE | Lake Elmo, MN | $33K | 2023 |
| The Leroy Homer FoundationFLIGHT SCHOLARSHIP FUNDING | Marlton, NJ | $30K | 2023 |
| Eaa Chapter 563YOUTH AIRCRAFT BUILD PROJECT SUPPORT | Peoria, IL | $30K | 2023 |
| The Sattler FoundationSIMULATOR PURCHASE SUPPORT | Loudon, TN | $27K | 2023 |
| West Michigan Aviation Academy FoundationFLIGHT SCHOLARSHIP SUPPORT | Grand Rapids, MI | $25K | 2023 |
| Eaa Chapter 943YOUTH AVIATION SCHOLARSHIP SUPPORT | Yulee, FL | $25K | 2023 |
| Fargo Air MuseumYOUTH PROGRAMMING SUPPORT | Fargo, ND | $25K | 2023 |
| Soaring Flight Education AssociationSCHOLARSHIP PROGRAM SUPPORT | Saint Paul, MN | $25K | 2023 |
| Central Colorado Uas ClubDRONE PARK DEVELOPMENT SUPPORT | Buena Vista, CO | $25K | 2023 |
| Greater Lafayette Career AcademyYOUTH AVIATION PROGRAM SUPPORT | Lafayette, IN | $25K | 2023 |
| Air Race ClassicOPERATING BUDGET SUPPORT | Kent, WA | $21K | 2023 |
| Hiller Aviation MuseumFLIGHT TRAINING SCHOLARSHIP SUPPORT | San Carlos, CA | $20K | 2023 |
| Minnesota Ace CampOPERATIONS AND SCHOLARSHIP SUPPORT | Evergreen, CO | $20K | 2023 |
| Aviation Stem AhaYOUTH AIRCRAFT BUILD PROJECT SUPPORT | Omaha, NE | $14K | 2023 |
| Eaa Chapter 66 Co Eaa Aviation FoundationSIMULATOR AND SCHOLARSHIP SUPPORT | Oshkosh, WI | $13K | 2023 |
| Friends Of Foster CareAFTER SCHOOL CARE PROGRAM SUPPORT | Naples, FL | $10K | 2023 |
| Salida Senior CitizensGENERAL OPERATING SUPPORT | Salida, CO | $10K | 2023 |
| The Gargiulo Education CenterAVIATION PROGRAM SUPPORT | Naples, FL | $9K | 2023 |
| Colorado Farm To Table IncGENERAL OPERATING SUPPORT | Salida, CO | $5K | 2023 |
| Eaa Chapter 1240EDUCATION PROGRAM OPERATING SUPPORT | Sebring, FL | $83K | 2022 |
| Hsu Educational FoundationDRONE CHALLENGE FUNDING SUPPORT | Fort Walton Beach, FL | $75K | 2022 |
| Minnesota Youth Aviation FoundationSCHOLARSHIP PROGRAM SUPPORT | North Mankato, MN | $50K | 2022 |
| Williamsburg AviationFLIGHT SCHOLARSHIP FUNDING | Milliamsburg, VA | $50K | 2022 |
| Wai Stars Of The NorthGIRLS IN AVIATION DAY OPERATING SUPPORT | Riscfield, MN | $20K | 2022 |
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