Nonprofit · EIN 01-6059686
IRVING S RAY & ADA H RAY MEMORIAL FUND
Tax-exempt · PORTLAND, ME 04112
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $40,150 | $52,959 | -$12,809 | $391,241 | $0 | $391,241 |
| December 31, 2024 | 990-PF | $55,619 | $47,480 | $8,139 | $403,837 | $0 | $403,837 |
| December 31, 2023 | 990-PF | $26,996 | $45,963 | -$18,967 | $395,620 | $0 | $395,620 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $16,708
- Net gain from sales of assets
- $23,442
Expenses
- Grants and similar amounts paid
- $39,725
- Compensation of officers, directors and key employees
- $11,315
- Disbursements for charitable purposes
- $42,954
- Excise tax on investment income
- $433
Balance sheet and other
- Total assets, start of year
- $403,837
- Total assets, end of year
- $391,241
- Total liabilities, end of year
- $0
- Net assets, end of year
- $391,241
- Fair market value of assets
- $958,324
- Qualifying distributions
- $42,954
- Net investment income
- $40,150
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-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HM PAYSON CO P O BOX 31, PORTLAND, ME 041120031 | TRUSTEE | 1 | $11,315 |
| John S Beliveau H M PAYSON AND CO PO BOX 31, PORTLAND, ME 041120031 | TRUSTEE | 1 | $0 |
| David R Hines H M PAYSON AND CO PO BOX 31, PORTLAND, ME 041120031 | TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HM PAYSON CO P O BOX 31, PORTLAND, ME 041120031 | TRUSTEE | 1 | $10,626 |
| John S Beliveau H M PAYSON AND CO PO BOX 31, PORTLAND, ME 041120031 | TRUSTEE | 1 | $0 |
| David R Hines H M PAYSON AND CO PO BOX 31, PORTLAND, ME 041120031 | TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HM PAYSON CO P O BOX 31, PORTLAND, ME 041120031 | TRUSTEE | 1 | $9,515 |
| MICHAEL R CURRIE H M PAYSON AND CO PO BOX 31, PORTLAND, ME 041120031 | TRUSTEE | 1 | $0 |
| JOEL HARRIS H M PAYSON AND CO PO BOX 31, PORTLAND, ME 041120031 | TRUSTEE | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 31, PORTLAND, ME 04112-0031
- In care of
- % JOSEPH A COFFIN JOHN K PIERCE & L
- Signed the 990-PF
- H M PAYSON CO, Trustee
- Phone
- (207) 772-3761
- Return prepared by
- RELIANCE INTEGRATED SOLUTIONS LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 01-6059686
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2020
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $391,241
- Income (IRS master file)
- $171,013
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $40,150 | $52,959 | $391,241 | IRS |
| 990-PF | December 2024 | $55,619 | $47,480 | $403,837 | IRS |
| 990-PF | December 2023 | $26,996 | $45,963 | $395,620 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 01-6059686).
Questions about IRVING S RAY & ADA H RAY MEMORIAL FUND
- What is the EIN of IRVING S RAY & ADA H RAY MEMORIAL FUND?
- The employer identification number (EIN) of IRVING S RAY & ADA H RAY MEMORIAL FUND is 01-6059686.
- Is IRVING S RAY & ADA H RAY MEMORIAL FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to IRVING S RAY & ADA H RAY MEMORIAL FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does IRVING S RAY & ADA H RAY MEMORIAL FUND file?
- Form 990-PF. Private foundations file every year.
- When is the next return of IRVING S RAY & ADA H RAY MEMORIAL FUND due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did IRVING S RAY & ADA H RAY MEMORIAL FUND last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of IRVING S RAY & ADA H RAY MEMORIAL FUND?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 1 received compensation from the organization, the highest $11,315 (HM PAYSON CO, TRUSTEE).
- How much revenue does IRVING S RAY & ADA H RAY MEMORIAL FUND have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $40,150, expenses of $52,959 and total assets of $391,241 at year end.
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All nonprofits in PORTLAND · Maine · Philanthropy, voluntarism and grantmaking foundations