Nonprofit · EIN 41-1708599
GRAY FAMILY EDUCATIONAL FOUNDATION INC
Also known as C-O PAUL S GRAY
Tax-exempt · FARIBAULT, MN 55021
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $45,536 | $25,140 | $20,396 | $467,116 | $16,704 | $450,412 |
| December 31, 2024 | 990-PF | $17,806 | $29,468 | -$11,662 | $437,608 | $21,776 | $415,832 |
| December 31, 2023 | 990-PF | $0 | $27,196 | -$27,196 | $404,245 | $19,413 | $384,832 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Other income
- $45,536
Expenses
- Grants and similar amounts paid
- $16,704
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $16,704
- Excise tax on investment income
- $516
Balance sheet and other
- Total assets, start of year
- $437,608
- Total assets, end of year
- $467,116
- Total liabilities, end of year
- $16,704
- Net assets, end of year
- $450,412
- Fair market value of assets
- $467,116
- Qualifying distributions
- $16,704
- Net investment income
- $45,536
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 |
|---|---|---|---|
| STEVEN M GRAY 20240 GENEVA COURT, FARIBAULT, MN 55021 | DIRECTOR | 1 | $0 |
| PAUL A GRAY 8 CRESTVIEW BAY, FARIBAULT, MN 55021 | PRESIDENT | 1 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVEN M GRAY 20240 GENEVA COURT, FARIBAULT, MN 55021 | DIRECTOR | 1 | $0 |
| PAUL A GRAY 8 CRESTVIEW BAY, FARIBAULT, MN 55021 | PRESIDENT | 1 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVEN M GRAY 20240 GENEVA COURT, FARIBAULT, MN 55021 | DIRECTOR | 1 | $0 |
| PAUL A GRAY 8 CRESTVIEW BAY, FARIBAULT, MN 55021 | PRESIDENT | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 205 WESTERN AVE NW, FARIBAULT, MN 55021-4501
- In care of
- % PAUL S GRAY
- Signed the 990-PF
- PAUL A GRAY, DIRECTOR
- Phone
- (507) 334-3400
- Return prepared by
- JOD LTD
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
- 41-1708599
- 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
- 1992
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $467,116
- Income (IRS master file)
- $45,536
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $45,536 | $25,140 | $467,116 | XML |
| 990-PF | December 2024 | $17,806 | $29,468 | $437,608 | XML |
| 990-PF | December 2023 | $0 | $27,196 | $404,245 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 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 41-1708599).
Questions about GRAY FAMILY EDUCATIONAL FOUNDATION INC
- What is the EIN of GRAY FAMILY EDUCATIONAL FOUNDATION INC?
- The employer identification number (EIN) of GRAY FAMILY EDUCATIONAL FOUNDATION INC is 41-1708599.
- Is GRAY FAMILY EDUCATIONAL FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to GRAY FAMILY EDUCATIONAL FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does GRAY FAMILY EDUCATIONAL FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of GRAY FAMILY EDUCATIONAL FOUNDATION INC 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 GRAY FAMILY EDUCATIONAL FOUNDATION INC 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 GRAY FAMILY EDUCATIONAL FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does GRAY FAMILY EDUCATIONAL FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $45,536, expenses of $25,140 and total assets of $467,116 at year end.
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