Private Foundation

RAY FOUNDATION INC

RAY FOUNDATION INC is a private foundation categorized as Private Foundation based in NAPLES, FL. Its most recent IRS filing (2025) reports revenue of $9.6M, expenses of $13.9M, total assets of $66.9M. Imperigo tracks 236 reported grants from this foundation totaling approximately $78.3M.

EIN: 810288819 NAPLES, FL Latest filing: 2025
Total Revenue$9.6M
Total Expenses$13.9M
Total Assets$66.9M
Grants Given236
Grant Total$78.3M
Filing Years2020–2025

Sample Grants Given

AOPA AIR SAFETY FOUNDATION
FREDERICK, MD · 2024
SUPPORT FOR 'YOU CAN FLY' PROGRAM AND FLIGHT SCHOLARSHIPS
$2,650,000
EAA AVIATION FOUNDATION INC
OSHKOSH, WI · 2024
FLIGHT SCHOLARSHIPS, KIDVENTURE SUPPORT, PURCHASE OF PC FLIGHT SIMULATORS
$2,345,060
AEROSPACE CENTER FOR EXCELLENCE
LAKELAND, FL · 2024
SUPPORT FOR SKYLAB, LAKELAND AERO CLUB AND YOUTH PROGRAMS
$894,857
COMMERATIVE AIR FORCE
DALLAS, TX · 2024
NAEC PROGRAMS AND FLIGHT SCHOLARSHIPS
$892,000
CIVIL AIR PATROL FOUNDATION
MAXWELL AFB, AL · 2024
FLIGHT SCHOLARSHIPS
$825,000

Showing up to 5 of 236 total records — full history available with membership.

Officers & Directors

PRESIDENT/DIRECTOR Charles J Ahearn
TREASURER/DIRECTOR Jeffery J Tempas
SECRETARY/DIRECTOR Patricia J Arthur

Officer compensation and complete director data available with membership.

Top Grant Purposes

SUPPORT FOR 'YOU CAN FLY' PROGRAM
$10,300,000 5 grants
VETERANS SCHOLARSHIP AND FLIGHT OPERATIONS BLDG. SUPPORT
$7,700,000 1 grant
SUPPORT FOR 'YOU CAN FLY' PROGRAM AND FLIGHT SCHOLARSHIPS
$6,400,000 2 grants
FLIGHT SCHOLARSHIPS
$6,190,800 8 grants
STUDENT HOUSING PROJECT
$6,000,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $9.6M $13.9M $66.9M
2024 $18.7M $20.2M $71.2M
2023 $7.3M $11.8M $72.7M
2021 $10.3M $12.4M $76.0M
2020 $13.0M $13.2M $79.2M

Between 2020 and 2025, reported annual revenue declined from $13.0M to $9.6M (-26%), with total assets most recently reported at $66.9M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in AL, AZ, CA, CO, CT, DC, and 4 other states.

ALAZCACOCTDCFLGAHIIA

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for RAY FOUNDATION INC

Complete financials, all 236 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports
Start Free Trial → Log In
7-day free trial Cancel any time