H G Ray Sr Foundation

Organization Overview

H G Ray Sr Foundation is located in Highlands, NC. The organization was established in 1962. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. H G Ray Sr Foundation 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, H G Ray Sr Foundation generated $60.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 44.4% each year . All expenses for the organization totaled $10.8k during the year ending 12/2021. While expenses have increased by 17.9% per year over the past 4 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.

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Board, Officers & Key Employees

Name (title)Compensation
Markham Ray
Trustee
$0
H Gene Ray
Trustee/mana
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $2,878
Net Rental Income$0
Net Gain on Sale of Assets $57,548
Capital Gain Net Income $57,548
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $60,426

Grants Awarded

Over the last fiscal year, H G Ray Sr Foundation has awarded $9,000 in support to 6 organizations.

Grant RecipientAmount

THE BASCOM ARTS CENTER

PURPOSE: UNRESTRICTED

$2,500

HIGHLANDS UNITED METHODIST CHURCH

PURPOSE: BUILDING FUND & OPERATING EXP

$2,000

THE LITERACY AND LEARNING PROJECT

PURPOSE: UNRESTRICTED

$2,000

NC COMMUNITY FOUNDATION

PURPOSE: UNRESTRICTED

$1,000

CASHIERS HIGHLANDS HUMANE SOCIETY

Org PageRecipient Profile

Cashiers, NC

PURPOSE: UNRESTRICTED

$1,000

HUDSON LIBRARY

PURPOSE: UNRESTRICTED

$500
View Grant Profile

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