Hg Ray Sr Foundation | Foundation Profile

GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Hg Ray Sr Foundation. Data shown is extracted from Form 990-PF filings.

EIN: 58-6039549

Foundation Overview

Based in Highlands, NC, Hg Ray Sr Foundation has awarded 47 grants totaling $81,970 to organizations in North Carolina, New York and 3 other states across the US. Individual grants range from $500 to $5,000, with a median award of $1,070.

Latest Tax Year
2023
Total Giving (all years)
$81,970
Total Assets
$178,962
Median Grant (all grants)
$1,070

Latest Form 990-PF Snapshot

Total Grants
12
Median Grant
$1,500
% No Significant Change
0% (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
Balanced Approach: 50%

6 of 12 recipients (50%) were new grantees. Foundation maintains loyal partnerships while remaining open to qualified new applicants with strong proposals.

Geographic Focus
North Carolina

68% of grants are awarded in North Carolina, with additional funding distributed across 4 other locations. The foundation balances regional focus with broader geographic diversity. Within North Carolina, funding concentrates in Highlands (84%), Cashiers (9%), Raleigh (6%).

Funding Trajectory
+51%

Strong 51% growth in annual giving over 3 years indicates expanding philanthropic capacity and increasing opportunities for grant seekers. This upward trajectory suggests growing foundation resources and commitment.

Program Areas
General Purposes + Education

Dual focus on general purposes (83%) and education, indicating strategic concentration in complementary program areas.

Where is The Money Going?

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Grants & Funding

Analyzing past grantees provides valuable insights into Hg Ray Sr Foundation'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
Hudson Library $500 Highlands, NC, US Unrestricted 2023
Mountain Theatre Company $3,000 Highlands, NC, US Unrestricted 2023
Cashiers Highlands Humane Society $2,950 Cashiers, NC, US Unrestricted 2023
Pope High School $500 Marietta, GA, US Unrestricted 2023
Fl Veterans Hall Of Fame Society $2,000 Tallahassee, FL, US Unrestricted 2023
Peggy Crosby Center $1,000 Highlands, NC, US Nonrestricted 2023
Hudson Library $500 Highlands, NC, US Unrestricted 2023
Mountain Theatre Company $3,000 Highlands, NC, US Unrestricted 2023
Cashiers Highlands Humane Society $2,950 Cashiers, NC, US Unrestricted 2023
Pope High School $500 Marietta, GA, US Unrestricted 2023
Fl Veterans Hall Of Fame Society $2,000 Tallahassee, FL, US Unrestricted 2023
Peggy Crosby Center $1,000 Highlands, NC, US Nonrestricted 2023
Highlands United Methodist Church $2,500 Highlands, NC, US Building Fund & Operating Exp 2022
Hudson Library $500 Highlands, NC, US Unrestricted 2022
The Bascom Arts Center $1,000 Highlands, NC, US Unrestricted 2022
The Literacy And Learning Project $1,000 Highlands, NC, US Unrestricted 2022
Tunnel To Towers Foundation $2,500 Staten Island, NY, US Unrestricted 2022
Provision Bridge Foundation $5,000 Tallulah Falls, GA, US Unrestricted 2022
Marietta High School $1,000 Marietta, GA, US Unrestricted 2022
Mountain Theatre Company $2,000 Highlands, NC, US Unrestricted 2022
Highlands United Methodist Church $2,500 Highlands, NC, US Building Fund & Operating Exp 2022
Hudson Library $500 Highlands, NC, US Unrestricted 2022
The Bascom Arts Center $1,000 Highlands, NC, US Unrestricted 2022
The Literacy And Learning Project $1,000 Highlands, NC, US Unrestricted 2022
Tunnel To Towers Foundation $2,500 Staten Island, NY, US Unrestricted 2022
Provision Bridge Foundation $5,000 Tallulah Falls, GA, US Unrestricted 2022
Marietta High School $1,000 Marietta, GA, US Unrestricted 2022
Mountain Theatre Company $2,000 Highlands, NC, US Unrestricted 2022
Highlands United Methodist Church $2,500 Highlands, NC, US Building Fund & Operating Exp 2022
Hudson Library $500 Highlands, NC, US Unrestricted 2022
The Bascom Arts Center $1,000 Highlands, NC, US Unrestricted 2022
The Literacy And Learning Project $1,000 Highlands, NC, US Unrestricted 2022
Tunnel To Towers Foundation $2,500 Staten Island, NY, US Unrestricted 2022
Provision Bridge Foundation $5,000 Tallulah Falls, GA, US Unrestricted 2022
Marietta High School $1,000 Marietta, GA, US Unrestricted 2022
Mountain Theatre Company $2,000 Highlands, NC, US Unrestricted 2022
Highlands United Methodist Church $2,000 Highlands, NC, US Building Fund & Operating Exp 2021
Nc Community Foundation $1,000 Raleigh, NC, US Unrestricted 2021
Hudson Library $500 Highlands, NC, US Unrestricted 2021
Cashiers Highlands Humane Society $1,000 Cashiers, NC, US Unrestricted 2021
The Bascom Arts Center $2,500 Highlands, NC, US Unrestricted 2021
The Literacy And Learning Project $2,000 Highlands, NC, US Unrestricted 2021
Highlands United Methodist Church $2,000 Highlands, NC, US Building Fund & Operating Exp 2020
North Ga Community Foundation $2,000 Gainesville, GA, US Unrestricted 2020
Hudson Library $500 Highlands, NC, US Unrestricted 2020
William A Matthews Foundation $1,070 Raleigh, NC, US Scholarships 2020
Wounded Warrior Project $1,000 Topeka, KS, US Unrestricted 2020

Foundations Similar to Hg Ray Sr Foundation

Discover 5 foundations with comparable assets ($171,149-$184,355), similar grant patterns, and geographic focus in NC 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: 84-3201120 | 64 grants awarded
$179,133
(≈ Similar)
$850
median grant
Wilmington, NC
Same state
100%
Excellent match

EIN: 20-0196350 | 27 grants awarded
$177,427
(≈ Similar)
$1,300
median grant
Winterville, NC
Same state
100%
Excellent match

EIN: 16-1530654 | 9 grants awarded
$175,532
(≈ Similar)
$1,500
median grant
Denver, NC
Same state
99%
Excellent match

EIN: 56-6075607 | 14 grants awarded
$184,355
(≈ Similar)
$1,000
median grant
Charlotte, NC
Same state
98%
Excellent match

EIN: 86-2480905 | 162 grants awarded
$171,149
(≈ Similar)
$1,000
median grant
Sanford, NC
Same state
98%
Excellent match

Contact Information

Official contact details for Hg Ray Sr Foundation as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.

EIN 58-6039549
Website N/A
Address 2450 MAGNOLIA DR Highlands, NC 28741-7387

Key People (2)

Board members, trustees, and key staff who oversee Hg Ray Sr Foundation's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.

Trustee/mana H Gene Ray
Trustee Markham Ray

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 Hg Ray Sr Foundation 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.