Public Charity

RAY DOLBY LEGACY FUND

RAY DOLBY LEGACY FUND, of NOVATO, CA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $132K in revenue, $3.8M in expenses, $93.9M in total assets. IRS filings disclose 3 grants awarded by this foundation, totaling roughly $7.6M.

EIN: 510666996 NOVATO, CA Single Organization Support NTEE: T11 Latest filing: 2025
Total Revenue$132K
Total Expenses$3.8M
Total Assets$93.9M
Grants Given3
Grant Total$7.6M
Filing Years2020–2025

Mission

THE ORGANIZATION'S MISSION IS CONSISTENT WITH THE MISSION OF THE SUPPORTED ORGANIZATION, MARIN COMMUNITY FOUNDATION'S MISSION WHICH IS THE FOLLOWING: MOBILIZING THE POWER OF COMMUNITY AND THE RESOURCES OF PHILANTHROPY TO ADVANCE EQUITY FOR PEOPLE, PLACES AND THE PLANET.

Where $100 goes at Ray Dolby Legacy Fund

How Ray Dolby Legacy Fund divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
The Ray Dolby Legacy Fund engages in charitable activities that are consistent with the charitable purposes of mcf
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

CAMBRIDGE, MA · 2024
CREATE A PERMANENT AND PERPETUAL ENDOWMENT FUND FOR THE PURPOSE OF PROVIDING THREE ANNUAL SCHOLARSHIPS FOR THIRD YEAR MARSHALL SCHOLARS, TO BE KNOWN AS THE RAY DOLBY - MARSHALL SCHOLARSHIP FUND
$3,600,000
NEW YORK, NY · 2023
SUPPORT SYMPOSIUM FUND PROJECT AND RESEARCH TEAMS PROJECT AT THE CAVENDISH LABORATORY
$4,032,248

Showing up to 5 of 3 total records — full history available with membership.

Officers & Directors

SECRETARY (THRU 03/25) Ashley Smith
BOARD CHAIR Dagmar Dolby
DIRECTOR Janelle Cavanagh
FORMER DIRECTOR (THRU 12/23) Lani Alo
CFO Lauren Mcclelland
PRESIDENT & CEO Rhea Suh

Officer compensation and complete director data available with membership.

Top Grant Purposes

Research & Policy
$4,032,248 1 grant
Education
$3,600,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $132K $3.8M $93.9M
2024 $4.1M $4.1M $95.9M
2023 $87.7M $87.6M $100.2M
2022 $13.4M $21K $10.8M
2020 — — —

Between 2022 and 2025, reported annual revenue declined from $13.4M to $132K (-99%), with total assets most recently reported at $93.9M.

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

Grant Geography

Grants from this foundation were reported to recipients in MA, NY.

MANY

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

See the full picture for RAY DOLBY LEGACY FUND

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