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Nonprofit · EIN 45-3083519

GRAY FAMILY FOUNDATION

Tax-exempt · PORTLAND, OR 97205

Financials

$156K$2.7M2023$435K$3.2M2024
Revenue Expenses · by fiscal year end
Financials of GRAY FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$435,106$3,212,362-$2,777,256$1,697,889$343,077$1,354,812
December 31, 2023990$156,181$2,745,014-$2,588,833$957,343$149,990$807,353
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$435,106
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$2,520,462
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$2,048
Travel
$16,691
Program services (functional)
$3,017,110
Management and general (functional)
$195,252

Balance sheet and other

Total assets, start of year
$957,343
Total assets, end of year
$1,697,889
Total liabilities, end of year
$343,077
Net assets, end of year
$1,354,812
Net assets without donor restrictions
$1,354,812
Gross unrelated business income
-$34,194
Gross receipts
$435,106
Employees
0
Volunteers
35
Year formed
2011
State of legal domicile
OR

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Erica D DaleyAsst Treasurer/Asst Secretary
Officer
1$0$391,623$85,232
Nancy BalesExecutive Director / Asst Secretary/Asst Treasurer
Officer
40$0$193,953$54,028
Les PerkinsVice Chair
Trustee or director, Officer
1$0$0$0
Maria UnderwoodChair
Trustee or director, Officer
1$0$0$0
Zavier BorjaSecretary/Treasurer
Trustee or director, Officer
1$0$0$0
Jon FinneyBOARD MEMBER (AS OF JANUARY 2024)
Trustee or director
1$0$0$0
Lisa WattBOARD MEMBER (AS OF JANUARY 2024)
Trustee or director
1$0$0$0
Sarah GrayBoard Member
Trustee or director
1$0$0$0
Traci RossiBoard Member
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Erica D DaleyAsst Treasurer/Asst Secretary
Officer
1$0$339,869$75,412
Nancy BalesExecutive Director / Asst Secretary/Asst Treasurer
Officer
40$0$148,314$38,540
Corrine OishiSecretary/Treasurer
Trustee or director, Officer
1$0$0$0
Janet WebsterChair
Trustee or director, Officer
1$0$0$0
Maria UnderwoodVice Chair
Trustee or director, Officer
1$0$0$0
Kristin WalrodBoard Member (Until November 2023)
Trustee or director
1$0$0$0
Les PerkinsBoard Member
Trustee or director
1$0$0$0
Sarah GrayBoard Member (As of November 2023)
Trustee or director
1$0$0$0
Traci RossiBoard Member
Trustee or director
1$0$0$0
Zavier BorjaBoard Member
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
1221 SW YAMHILL ST STE 100, PORTLAND, OR 97205-2108
In care of
% THE OREGON COMMUNITY FOUNDATION
Principal officer (990 for 2024)
Maria Ramos Underwood, 1221 SW Yamhill Street 100, Portland, OR 972052108
Signed the 990
Erica D Daley, Asst. Treasurer/Asst. Secretary
Phone
(503) 227-6846
Return prepared by
CROWE LLP

Mission

The Gray Family Foundation is a supporting organization of The Oregon Community Foundation (OCF). The Foundation makes grants that further the mission of OCF which is to improve lives of all Oregonians through the power of philanthropy.

990 for the year ended December 31, 2024

Program accomplishments

  • The Gray Family Foundation supports efforts to promote civic engagement and build long-term sustainability in our communities by investing in programs that develop environmental and geographic literacy among Oregon students with a particular focus on K-12 grades. In addition, we work with residential camps in Oregon to help ensure 5th and 6th graders have a safe, secure environment to attend outdoor school.
    Expenses $3,017,110 · grants $2,550,462

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
45-3083519
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2012
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,697,889
Income (IRS master file)
$435,106

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$435,106$3,212,362$1,697,889XML
990-TDecember 2024–––IRS
990December 2023$156,181$2,745,014$957,343XML
990-TDecember 2023–––IRS
990December 2022$301,422$3,739,366$1,083,942IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-3083519).

Questions about GRAY FAMILY FOUNDATION

What is the EIN of GRAY FAMILY FOUNDATION?
The employer identification number (EIN) of GRAY FAMILY FOUNDATION is 45-3083519.
Is GRAY FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to GRAY FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does GRAY FAMILY FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GRAY FAMILY FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GRAY FAMILY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of GRAY FAMILY FOUNDATION?
The 990 for the year ended December 31, 2024 names Maria Ramos Underwood.
Who are the officers and directors of GRAY FAMILY FOUNDATION?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does GRAY FAMILY FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $435,106, expenses of $3,212,362 and total assets of $1,697,889 at year end.

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