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Florida · Private foundation

Ray Foundation Inc

Its FY2025 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$11M
Granted FY2025(still arriving)
40
Grants FY2025
35
Organizations funded FY2024
26%
First-time grantees FY2024
Read the full brief
Median grant, FY2025
$50,000
Largest grant, FY2025
$2,650,000
Organizations funded a year
16 to 42
FY2018 to FY2024
States reached, FY2025
18
Total assets, FY2025
$67M
Applications
Preselected organizations only
Per its most recent filing; check its own site

How open it is to new grantees

In FY2024, 26% of the organizations Ray Foundation Inc funded were first-time grantees, receiving 1% of its grant dollars.

New vs renewed · share of each year

In FY2024, 99% of grant dollars renewed an existing relationship; $261k went to new ones.

50%100%’19’20’21’22’23’24
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’19’20’21’22’23’24
EducationArts & CultureYouth DevelopmentPhilanthropyRecreation & SportsEmploymentOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2025still arriving39$11M28%
FY202435$18M26%
FY202342$10M48%
FY202225$8.9M24%
FY202130$11M47%
FY202025$11M52%
FY201916$13M38%
FY201819$2.7Mn/a
98% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2018 to 2025.

Public Safety & Disaster$25MArts & Culture$18MScience & Tech$17MEducation$14MHousing & Shelter$6.0MYouth Development$2.1MAnimals$1.8MPhilanthropy$1.6MOther$0

Where its grants go

Grant dollars by states, across the years we hold.

Which US states its grants reach

WA
ND
MN
IL
WI
MI
NY
NV
IA
IN
OH
NJ
CT
CA
CO
NE
VA
MD
AZ
TN
NC
SC
DC
HI
AL
GA
TX
FL

Top grantees

Largest recipients by total granted, FY2018 to FY2025, and the share of each one’s budget the grants supplied at peak.

Show all 52 grantees
All grantees of Ray Foundation Inc by total granted
GranteeTotal grantedYearsShare of their budget
UND Aerospace Foundation$8,683,100421%
Experimental Aircraft Association Inc$7,910,000512%
Eaa Aviation Foundation Inc$6,700,060321%
Wings Over the Rockies Air & Space Museum$5,030,000823%
Aerospace Center for Excellence Inc$4,319,317749%
The Commemorative Air Force$3,656,391410%
The Immokalee Foundation Inc$3,150,000715%
Civil Air Patrol Foundation Inc$2,131,355483%
Pearl Harbor Aviation Museum$2,025,000516%
Southeastern Guide Dogs Inc$1,750,00062%
Colorado Skies Academy$675,00039%
Teens-In-Flight Inc$668,700853%
Lakeland Aero Club Inc$606,167465%
Reno Air Racing Association Inc$430,00054%
Alzheimers Support Network Inc$400,00088%
Flight Foundation$338,680631%
The Heritage Foundation$330,00080%
STEM Flights$300,000462%
Hsu Family Educational Foundation Inc$297,250414%
West Michigan Aviation Academy$250,0001n/a
The Aviation High School Education Foundation Inc$250,0001100%
The LeRoy W Homer Jr Foundation$180,000634%
The Holocaust Museum & Education Center of Southwest Florida Inc$150,00035%
Aviation Education Foundation$150,0001n/a
Children's Hospital Colorado Foundation$140,00030%
Williamsburg Aviation Scholarship Program$125,000160%
Kettle Moraine Youth Aviation Inc$112,000230%
University of Colorado Foundation$100,00010%
Aspiring Aviators Aero Club Inc$78,793264%
Able Flight Inc$75,000123%
Hiller Aviation Institute$60,00031%
Eaa Chapter 943$50,0002n/a
Soaring Flight Education Association$50,000288%
Minnesota Youth Aviation Foundation$50,0001n/a
Connecticut Aeronautical Historical Association Inc$50,00012%
Long Island Young Aviators Club Inc$38,0001n/a
Jacksonville University$30,00010%
Aloft$25,200210%
Fargo Air Museum$25,00013%
West Michigan Aviation Academy Foundation$25,00012%
Mountain West Uas$25,0001n/a
Eagle Sport Aviation Club Inc$20,000123%
Naples Art Association Inc$20,00021%
Upwind Foundation Inc$16,500111%
Preflight Aviation Camp Inc$15,000117%
Tigerflight Foundation Inc$10,000113%
Salida Senior Citizens Inc Dba Salida Community Center$10,00019%
Eaa Chapter 327$9,5001n/a
North Naples Education Center Inc$8,94511%
Colorado Farm to Table Inc$5,00013%
Aviation STEM Day$5,0001n/a
Citizens Foster Care Review Board$5,000181%

What it could do for these grantees

Plus 46 recipients with no EIN on record ($34M), not named here.

Where it is load-bearing

Ray Foundation Inc supplied at least a quarter of the budget for 13 of its grantees at some point. The chart plots its 44 largest grantees; load-bearing ones sit top left.

25%50%75%100%$100k$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetUND Aerospace Foundation: $8,683,100 over 4y, 21% of budgetExperimental Aircraft Association Inc: $7,910,000 over 5y, 12% of budgetEaa Aviation Foundation Inc: $6,700,060 over 3y, 21% of budgetWings Over the Rockies Air & Space Museum: $5,030,000 over 8y, 23% of budgetAerospace Center for Excellence Inc: $4,319,317 over 7y, 49% of budgetThe Commemorative Air Force: $3,656,391 over 4y, 9.6% of budgetThe Immokalee Foundation Inc: $3,150,000 over 7y, 15% of budgetCivil Air Patrol Foundation Inc: $2,131,355 over 4y, 83% of budgetPearl Harbor Aviation Museum: $2,025,000 over 5y, 16% of budgetSoutheastern Guide Dogs Inc: $1,750,000 over 6y, 2.2% of budgetColorado Skies Academy: $675,000 over 3y, 9.3% of budgetTeens-In-Flight Inc: $668,700 over 8y, 53% of budgetLakeland Aero Club Inc: $606,167 over 4y, 65% of budgetReno Air Racing Association Inc: $430,000 over 5y, 4.1% of budgetAlzheimers Support Network Inc: $400,000 over 8y, 8.5% of budgetFlight Foundation: $338,680 over 6y, 31% of budgetThe Heritage Foundation: $330,000 over 8y, 0.1% of budgetSTEM Flights: $300,000 over 4y, 62% of budgetHsu Family Educational Foundation Inc: $297,250 over 4y, 14% of budgetThe Aviation High School Education Foundation Inc: $250,000 over 1y, 100% of budgetThe LeRoy W Homer Jr Foundation: $180,000 over 6y, 34% of budgetThe Holocaust Museum & Education Center of Southwest Florida Inc: $150,000 over 3y, 4.6% of budgetChildren's Hospital Colorado Foundation: $140,000 over 3y, 0.1% of budgetWilliamsburg Aviation Scholarship Program: $125,000 over 1y, 60% of budgetKettle Moraine Youth Aviation Inc: $112,000 over 2y, 30% of budgetUniversity of Colorado Foundation: $100,000 over 1y, 0.0% of budgetAspiring Aviators Aero Club Inc: $78,793 over 2y, 64% of budgetAble Flight Inc: $75,000 over 1y, 23% of budgetHiller Aviation Institute: $60,000 over 3y, 0.7% of budgetSoaring Flight Education Association: $50,000 over 2y, 88% of budgetConnecticut Aeronautical Historical Association Inc: $50,000 over 1y, 2.3% of budgetJacksonville University: $30,000 over 1y, 0.0% of budgetAloft: $25,200 over 2y, 10% of budgetFargo Air Museum: $25,000 over 1y, 3.0% of budgetWest Michigan Aviation Academy Foundation: $25,000 over 1y, 2.0% of budgetEagle Sport Aviation Club Inc: $20,000 over 1y, 23% of budgetNaples Art Association Inc: $20,000 over 2y, 0.9% of budgetUpwind Foundation Inc: $16,500 over 1y, 11% of budgetPreflight Aviation Camp Inc: $15,000 over 1y, 17% of budgetTigerflight Foundation Inc: $10,000 over 1y, 13% of budgetSalida Senior Citizens Inc Dba Salida Community Center: $10,000 over 1y, 9.0% of budgetNorth Naples Education Center Inc: $8,945 over 1y, 1.3% of budgetColorado Farm to Table Inc: $5,000 over 1y, 2.8% of budgetCitizens Foster Care Review Board: $5,000 over 1y, 81% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 44.

Nonprofits that may fit its grantmaking

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Si Robin FoundationCA17.9× affinity6 shared granteesties to 10 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Si Robin Foundation · Emil Buehler Perpetual Trust · Clay Lacy Foundation · Collier Community Foundation Inc · Ge Aerospace Foundation · The Ayco Charitable Foundation · National Philanthropic Trust · Gs Donor Advised Philanthropy Fund for Wealth Management Inc · Vanguard Charitable Endowment Program · American Endowment Foundation · Morgan Stanley Global Impact Funding Trust Inc · Paypal Charitable Giving Fund

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Ray Foundation Inc with peer funders

Warm introductions · Powered by PlinthPlus

How do I get to Ray Foundation Inc?

Find your warmest path to Ray Foundation Inc through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

About Ray Foundation Inc

How much does Ray Foundation Inc give?
Ray Foundation Inc reported 40 grants totaling $11,356,545 in its FY2025 IRS filing. It funded between 16 and 42 organizations a year over FY2018 to FY2024.
What does Ray Foundation Inc fund?
By grant dollars over FY2018 to FY2025, its largest causes are Public Safety & Disaster (29%), Arts & Culture (20%), Science & Tech (19%).
Who are Ray Foundation Inc's largest grantees?
By total granted over FY2018 to FY2025: UND Aerospace Foundation ($8.7M), Experimental Aircraft Association Inc ($7.9M), Eaa Aviation Foundation Inc ($6.7M).
Does Ray Foundation Inc fund new organizations?
In FY2024, 26% of the organizations it funded were first-time grantees.
Does Ray Foundation Inc accept unsolicited applications?
Its most recent filing reports that it funds preselected organizations and does not take unsolicited requests. Check the foundation's own site before ruling it out.
Which funders back the same organizations as Ray Foundation Inc?
Its strongest co-funders, measured against what their size predicts, include Si Robin Foundation, Emil Buehler Perpetual Trust, Clay Lacy Foundation.
Where is Ray Foundation Inc based?
Ray Foundation Inc is based in FL.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 99 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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