Ray Foundation Tr
- Assets
- $4.4m
- Revenue
- $203.9k
- Investments
- $3.6m
- Employees
- 0
- Location
- Fort Collins, CO
- Founding
- 04/2012
- Data as of
- 12/2021
- EIN
- 30-6296992
Organization Overview
Ray Foundation Tr is located in Fort Collins, CO. The organization was established in 2012. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ray Foundation Tr is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Ray Foundation Tr generated $203.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $302.6k during the year ending 12/2021. While expenses have increased by 5.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Ray Foundation Tr has awarded 85 individual grants totaling $2,081,112. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter W Bullard Trustee | 2 | $14,970 | |
David J Hajny Sec, Trustee | 1 | $4,652 | |
Jay D Rosenblum Trustee | 1 | $1,032 | |
Terry E Bolack Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,517 |
| Dividends & Interest | $89,330 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $111,015 |
| Capital Gain Net Income | $111,015 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $203,862 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $20,654 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $400 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25,368 |
| Total operating and administrative expenses | $82,613 |
| Contributions, gifts, grants paid | $220,000 |
| Total expenses and disbursements | $302,613 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $839,115 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,415,943 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Ray Foundation Tr has awarded $220,000 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
Fort Collins, CO PURPOSE: HIRING AN ADDITIONAL SCHOOL BASED MENTORING PROGRAM COORDINATOR AND PAYING THE ASSOCIATED MANAGEMENT COSTS FOR THAT COORDINATOR | $30,000 |
Greeley, CO PURPOSE: HIRING A CASEWORKER TO EXPAND THE NUMBER OF STUDENTS IN ITS PRE-COLLEGIATE AND ALUMNI PROGRAMS | $22,500 |
Fort Collins, CO PURPOSE: INCORPORATING THE SAVA PREVENTION AND EDUCATION PROGRAMMING INTO THE THOMPSON SCHOOL DISTRICT AND THE LOVELAND COMMUNITY | $20,000 |
Greeley, CO PURPOSE: FOR STAFF TRAINING AND RETENTION IN CURRICULUM AREAS | $20,000 |
Loveland, CO PURPOSE: TO PURCHASE, PROCURE AND DISTRIBUTE MEAT TO THE PEOPLE IT SERVES | $16,500 |
Loveland, CO PURPOSE: FOR RENT AND UTILITY ASSISTANCE FOR ITS PROGRAM PARTICIPANTS | $16,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sorenson Legacy Foundation Midvale, UT | $495,708,411 | $38,649,828 |
Diane And Bruce Halle Foundation Scottsdale, AZ | $130,264 | $31,307,586 |
Inasmuch Foundation Oklahoma City, OK | $394,422,796 | $49,887,073 |
William K Warren Foundation Tulsa, OK | $318,898,600 | $38,179,587 |
Kennys Kids Sedona, AZ | $0 | $509,065 |
Brent Eley Center Inc Aurora, CO | $0 | $0 |
Boettcher Foundation Denver, CO | $266,743,315 | $22,782,794 |
Charityvision International Inc Provo, UT | $7,076,179 | $9,590,152 |
R Foundation Kaysville, UT | $410,534 | $5,235,533 |
The Piton Foundation Denver, CO | $212,611,882 | $13,782,087 |
Stonewall Foundation Tucson, AZ | $0 | $109,268 |
Ssb Charitable Foundation Colorado Springs, CO | $10,867,168 | $21,135,487 |