Ray of Hope Foundation
FALMOUTH, ME EIN: 05-6149197
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$1.0M
+237.3% YoY
Annual Giving
$355K
+343.8% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$118K
+343.7% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,049,230 | $311,094 | $378,119 |
| Revenue | $1,093,902 | $16,178 | $6,058 |
| Expenses | $357,142 | $81,827 | $433,050 |
| Qualifying Distributions | $356,292 | $81,192 | $432,506 |
| Net Investment Income | $3,269 | $15,620 | $5,514 |
| Distributable Amount | $5,627 | $16,518 | $20,141 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
17 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Ray of Hope Foundation fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Charles Gendron | Trustee | 0.5 | — |
| Theresa Gendron | Trustee | 0.5 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
New York $395K (44%)
Florida $350K (39%)
Maine $140K (16%)
Massachusetts $10K (1%)
Cities
BostonBrooklynBrunswickNaplesNew GloucesterNew YorkPortlandWest NyackWestbrookWindhamYarmouth
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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