Gray Family Foundation Inc

Organization Overview

Gray Family Foundation Inc is located in Rumson, NJ. The organization was established in 1996. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gray Family Foundation Inc 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, Gray Family Foundation Inc generated $77.5k 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 $106.7k during the year ending 12/2021. While expenses have increased by 7.7% 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 2015, Gray Family Foundation Inc has awarded 108 individual grants totaling $500,177. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS TO EXEMPT ORGANIZATIONS FOR GENERAL CHARITABLE PURPOSES.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $61,844
Net Rental Income$0
Net Gain on Sale of Assets $15,638
Capital Gain Net Income $15,638
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $77,482

Grants Awarded

Over the last fiscal year, Gray Family Foundation Inc has awarded $105,448 in support to 22 organizations.

Grant RecipientAmount

TRINITAS HEALTH FOUNDATION

PURPOSE: CHARITY

$76,649

COMMITTEE TO PROTECT JOURNALISTS

PURPOSE: CHARITY

$3,500

EQUAL JUSTICE INITIATIVE

Org PageRecipient Profile

Montgomery, AL

PURPOSE: CHARITY

$3,000

COMMUNITY FOUNDATION OF MIDDLESEX COUNTY

Org PageRecipient Profile

Middletown, CT

PURPOSE: CHARITY

$2,500

SYLVIA'S CHILDREN

Org PageRecipient Profile

Holmdel, NJ

PURPOSE: CHARITY

$2,000

JHAMTSE INTERNATIONAL

PURPOSE: CHARITY

$2,000
View Grant Profile

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