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EIN 47-1408100

Gray Foundation

IRS 501(c) type
501(c)(3)
Num. employees
6
City
Albany
State
New York
Year formed
2014
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
Gray Foundation accelerates research, improves treatment and raises awareness for individuals who have inherited BRCA mutations. They are also committed to maximizing access to education, healthcare and opportunity for low-income youth in New York City.
Total revenues
$64,021,931
2023
Total expenses
$48,446,203
2023
Total assets
$81,543,022
2023
Num. employees
6
2023

Program areas at Gray Foundation

The Foundation does not engage in any direct charitable activities; rather, it accomplishes its exempt function and charitable purpose through grant payments to irc section 501(c)(3) qualified charities.
Not applicable

Grants made by Gray Foundation

GranteeGrant descriptionAmount
Trustees of the University of Pennsylvania Retiree Medical and Death Benefits TrustBasser Interception Center$9,500,000
Nyc Kids RiseTo Further the Exempt Purpose of the Organization.$5,000,000
United Negro College FundNyc Scholars Cohort$2,000,000
...and 153 more grants made totalling $41,025,535

Personnel at Gray Foundation

NameTitleCompensation
Dana ZuckerChief Executive Officer$592,000
Chi van DangChief Science Advisor$125,000
Jon GrayFounder
Margaret McConvilleOffice Manager$172,500
Brandon AcevedoProgram Associate$45,582
...and 2 more key personnel

Financials for Gray Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$41,191,330
Investment income and dividends$1,559,098
Net rental income$0
Net gain from sale of non-inventory assets$21,269,082
Gross sales of inventory$0
Miscellaneous revenues$2,421
Total revenues$64,021,931

Form 990s for Gray Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-03-21990PFView PDF
2022-122023-04-17990PFView PDF
2021-122022-06-28990PFView PDF
2020-122021-06-22990PFView PDF
2019-122021-06-10990PFView PDF
...and 5 more Form 990s
Data update history
May 21, 2024
Updated personnel
Identified 1 new personnel
May 19, 2024
Used new vendors
Identified 2 new vendors, including , and
August 14, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 15, 2023
Posted financials
Added Form 990PF for fiscal year 2022
June 9, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donations
General information
Address
PO Box 13953
Albany, NY 12212
Metro area
Albany-Schenectady-Troy, NY
County
Albany County, NY
Website URL
grayfoundation.org/ 
IRS details
EIN
47-1408100
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2014
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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