The North Carolina State Capitol in Raleigh behind a flowering crape myrtle

Form 990-PFTax year 2025EIN 58-6039549

HG Ray Sr Foundation

A private foundation in Highlands, NC. Its return for tax year 2025 lists 6 grants and $19,000 paid in grants.

Tax year 2025 (period ending Dec 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact
H Gene Ray
2450 Magnolia Drive
Highlands, NC 28741
[email protected]
Form and materials
Written-include IRS letter of exempt status.
Deadlines
None
Restrictions
None

Assets and giving by year

6 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2025

    $19,000

    Grants listed
    6
    Assets, end of year
    $157,555
  • Tax year 2024

    $10,500

    Grants listed
    3
    Assets, end of year
    $171,500
  • Tax year 2023

    $9,950

    Grants listed
    6
    Assets, end of year
    $175,579
  • Tax year 2022

    $15,500

    Grants listed
    8
    Assets, end of year
    $184,611
  • Tax year 2021

    $9,000

    Grants listed
    6
    Assets, end of year
    $197,279
  • Tax year 2020

    $6,570

    Grants listed
    5
    Assets, end of year
    $148,219

Grants paid in 2025

6 grants, largest first

As listed on the return.

  1. Tunnel to Towers FoundationStaten Island, NY

    Unrestricted

    $9,500
  2. Community Bible ChurchHighlands, NC

    Unrestricted

    $5,500
  3. The Literacy & Learning CenterHighlands, NC

    Unrestricted

    $1,000
  4. Highlands Cashiers Health FoundatioHighlands, NC

    Unrestricted

    $1,000
  5. Peggy Crosby CenterHighlands, NC

    Unrestricted

    $1,000
  6. Highlands Community Playground ProjHighlands, NC

    Unrestricted

    $1,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education2 grants $10,500100% of the total

By State

Grants to organizations with a US address, latest year.

  1. North Carolina5 grants $9,500
  2. New York1 grant $9,500

Officers, directors and trustees

2 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • H Gene RayTRUSTEE/MANA Hours 0Pay $0
  • Markham RayTRUSTEE Hours 0Pay $0

The return

More foundations

Similar foundations

Same main cause (education), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. Ronald J Midura Foundation IncWinstonsalem, NC 7 grants Accepts applications $18,500 giving
  2. The Sanders Family FoundationTabor City, NC 18 grants Accepts applications $18,225 giving
  3. Johnny S Beck and Sydney Y Beck FoundationLexington, NC 9 grants Preselected only $20,000 giving
  4. The W Foster and Mary L Gurley Memorial FDNRaleigh, NC 1 grant Preselected only $20,000 giving
  5. Brockbank Education FundHolden Beach, NC 20 grants Preselected only $20,783 giving