Reported officers (all unpaid)
No paid executives reported in 2024. Ray of Hope Foundation reported 2 unpaid officers and board members on its 990-PF.
Grants paid
Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.
Total granted
$355k
Itemized grants
3
Median grant
$50k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| STARability Foundation | Naples, FL | General Support | $300k |
| Big Brothers Big Sisters of Southern Maine | Westbrook, ME | General Support | $50k |
| Wisdom of Healing School Inc | West Nyack, NY | General Support | $5k |
Revenue and expenses over time
Ray of Hope Foundation reported revenue and expenses across 2 filing years.
This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.
What Philanthropy, Voluntarism & Grantmaking executives earn in Maine
Ray of Hope Foundation reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Maine earns a median of $12,000.
These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 194 organizations across 194 filings (2021 – 2024).
See full Philanthropy, Voluntarism & Grantmaking pay data for Maine →Common questions about Ray of Hope Foundation
What are Ray of Hope Foundation's revenue and expenses?
In 2024, Ray of Hope Foundation reported $1.1M in total revenue and $357k in total expenses on its IRS Form 990.
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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.
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