Irving S Ray & Ada H Ray Memorial Fund | Foundation Profile

GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Irving S Ray & Ada H Ray Memorial Fund. Data shown is extracted from Form 990-PF filings.

EIN: 01-6059686

Foundation Overview

Based in Portland, ME, Irving S Ray & Ada H Ray Memorial Fund has awarded 35 grants totaling $247,498 to organizations in Maine, Florida and 1 other state across the US. Individual grants range from $300 to $19,440, with a median award of $5,792.

Latest Tax Year
2023
Total Giving (all years)
$247,498
Total Assets
$786,337
Median Grant (all grants)
$5,792

Latest Form 990-PF Snapshot

Total Grants
5
Median Grant
$5,792
% Median Grant Decline
-9% (vs previous year)
Data extracted from IRS Form 990-PF filings. Last filing year: February 2026

Foundation Intelligence

Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies

New Applicant Friendliness
Closed Network: N/A

0 of 5 recipients (0%) were new grantees. Foundation maintains tight relationships with established partners. New applicants rarely succeed without insider connections.

Geographic Focus
Maine

80% of all grants are concentrated in Maine, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within Maine, funding concentrates in Prospect Harbor (50%), Bar Harbor (25%), Bangor (14%).

Funding Trajectory
+14%

Stable funding levels with 14% change over 6 years indicate consistent grant-making capacity and predictable philanthropic resources. This stability suggests reliable ongoing funding opportunities.

Program Areas
Community Projects

Highly focused on community projects with 100% of funding dedicated to this sector. This specialization indicates deep expertise and committed investment in the field.

Where is The Money Going?

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Grants & Funding

Analyzing past grantees provides valuable insights into Irving S Ray & Ada H Ray Memorial Fund's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.

Name Amount Location Purpose Year
Town Of Gouldsboro $17,677 Prospect Harbor, ME, US Financial Support 2023
Northern Light Maine Coast Hospital $5,792 Bangor, ME, US Financial Support 2023
Mount Desert Island Hospital $5,792 Bar Harbor, ME, US Financial Support 2023
Prospect Harbor Methodist Church $300 Prospect Harbor, ME, US Financial Support 2023
Shriners Hospitals For Children $5,792 Tampa, FL, US Financial Support 2023
Town Of Gouldsboro $19,440 Prospect Harbor, ME, US Financial Support 2022
Northern Light Maine Coast Hospital $6,380 Bangor, ME, US Financial Support 2022
Mount Desert Island Hospital $6,380 Bar Harbor, ME, US Financial Support 2022
Prospect Harbor Methodist Church $300 Prospect Harbor, ME, US Financial Support 2022
Shriners Hospitals For Children $6,380 Tampa, FL, US Financial Support 2022
Town Of Gouldsboro $19,440 Prospect Harbor, ME, US Financial Support 2022
Northern Light Maine Coast Hospital $6,380 Bangor, ME, US Financial Support 2022
Mount Desert Island Hospital $6,380 Bar Harbor, ME, US Financial Support 2022
Prospect Harbor Methodist Church $300 Prospect Harbor, ME, US Financial Support 2022
Shriners Hospitals For Children $6,380 Tampa, FL, US Financial Support 2022
Town Of Gouldsboro $19,440 Prospect Harbor, ME, US Financial Support 2022
Northern Light Maine Coast Hospital $6,380 Bangor, ME, US Financial Support 2022
Mount Desert Island Hospital $6,380 Bar Harbor, ME, US Financial Support 2022
Prospect Harbor Methodist Church $300 Prospect Harbor, ME, US Financial Support 2022
Shriners Hospitals For Children $6,380 Tampa, FL, US Financial Support 2022
Town Of Gouldsboro $16,319 Prospect Harbor, ME, US Financial Support 2021
Northern Light Maine Coast Hospital $5,340 Ellsworth, ME, US Financial Support 2021
Mount Desert Island Hospital $5,340 Bar Harbor, ME, US Financial Support 2021
Prospect Harbor Methodist Church $300 Prospect Harbor, ME, US Financial Support 2021
Shriners Hospitals For Children $5,340 Atlanta, GA, US Financial Support 2021
Town Of Gouldsboro $15,902 Prospect Harbor, ME, US Financial Support 2020
Northern Light Maine Coast Hospital $5,201 Ellsworth, ME, US Financial Support 2020
Mount Desert Island Hospital $5,201 Bar Harbor, ME, US Financial Support 2020
Prospect Harbor Methodist Church $300 Prospect Harbor, ME, US Financial Support 2020
Shriners Hospitals For Children $5,201 Tampa, FL, US Financial Support 2020
Town Of Gouldsboro $15,530 Prospect Harbor, ME, US Financial Support 2017
Maine Coast Memorial Hospital $5,077 Ellsworth, ME, US Financial Support 2017
Mount Desert Island Hospital $5,077 Bar Harbor, ME, US Financial Support 2017
Prospect Harbor Methodist Church $300 Prospect Harbor, ME, US Financial Support 2017
Shriners Hospitals For Children $5,077 Tampa, FL, US Financial Support 2017

Foundations Similar to Irving S Ray & Ada H Ray Memorial Fund

Discover 5 foundations with comparable assets ($750,966-$812,745), similar grant patterns, and geographic focus in ME that may also align with your organization's funding needs and grant seeking strategy.

Foundation Name Total Assets Typical Grant Size Service Area Similarity Match

EIN: 55-6163644 | 82 grants awarded
$776,021
(≈ Similar)
$4,000
median grant
Rockport, ME
Same state
99%
Excellent match

EIN: 01-0540393 | 67 grants awarded
$773,262
(≈ Similar)
$3,000
median grant
Harpswell, ME
Same state
99%
Excellent match

EIN: 27-1076652 | 121 grants awarded
$804,671
(≈ Similar)
$5,000
median grant
Portland, ME
Same state
99%
Excellent match

EIN: 23-6414775 | 78 grants awarded
$812,745
(≈ Similar)
$5,000
median grant
Rockport, ME
Same state
98%
Excellent match

EIN: 45-4869369 | 85 grants awarded
$750,966
(≈ Similar)
$4,000
median grant
Portland, ME
Same state
98%
Excellent match

Contact Information

Official contact details for Irving S Ray & Ada H Ray Memorial Fund as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.

EIN 01-6059686
Website N/A
Address PO BOX 31 Portland, ME 04112-0031

Key People (3)

Board members, trustees, and key staff who oversee Irving S Ray & Ada H Ray Memorial Fund's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.

Trustee Hm Payson Co
Trustee Michael R Currie
Trustee Joel Harris

Forms 990-PF

IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.

Form 990-PF Research Tips
  • Review Part XV for detailed grant recipient information and funding purposes
  • Check Part I for total assets, annual giving amounts, and payout requirements
  • Examine Part VIII for key personnel compensation and board structure
  • Look for trends across multiple years to understand giving patterns

About This Foundation Profile

This comprehensive foundation profile for Irving S Ray & Ada H Ray Memorial Fund is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.

Data Sources & Accuracy

All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.

Research Applications

Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.

Data Currency: Last updated February 2026 based on IRS Form 990-PF filings. Foundation information reflects most recent available tax year data.