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EIN 20-1209964

Ray Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Tuscaloosa
State
Alabama
Year formed
2004
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The Ray Foundation is a private foundation located in Tuscaloosa, AL that primarily funds organizations to support missions and offset operational costs. Its purpose is to contribute to charitable organizations through interest/dividend income. Grantees include Jesus Way Homeless Shelter and others, and the foundation made four grants last year.
Total revenues
$1,660
2023
Total expenses
$28,935
2023
Total assets
$260,119
2023
Num. employees
0
2023

Program areas at Ray Foundation

The interest/dividend income helps offset operational/
Administrative expenses so more funds are available to
Contribute to charitable organizations.

Grants made by Ray Foundation

GranteeGrant descriptionAmount
Jesus Way Homeless ShelterTo Support the Shelter's Mission$6,000

Personnel at Ray Foundation

NameTitleCompensation
Phyllis GambleDirector$0

Financials for Ray Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$4,842
Net rental income$0
Net gain from sale of non-inventory assets$-3,182
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,660

Form 990s for Ray Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990PFView PDF
2022-122023-11-15990PFView PDF
2021-122022-07-20990PFView PDF
2020-122022-07-20990PFView PDF
2020-122021-11-16990PFView PDF
...and 9 more Form 990s
Data update history
January 22, 2024
Posted financials
Added Form 990PF for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 12, 2023
Posted financials
Added Form 990PF for fiscal year 2020
May 7, 2023
Used new vendors
Identified 1 new vendor, including
August 18, 2021
Posted financials
Added Form 990R for fiscal year 2019
Nonprofit Types
Grantmaking organizationsPrivate foundationsFamily foundationsPrivate non-operating foundationsCharities
Issues
Homelessness
Characteristics
ChristianReligiousProvides grantsPartially liquidatedTax deductible donationsNo full-time employees
General information
Address
PO Box 20065
Tuscaloosa, AL 35402
Metro area
Tuscaloosa, AL
County
Tuscaloosa County, AL
Phone
(205) 561-6054
IRS details
EIN
20-1209964
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2004
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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