Nonprofit · EIN 47-1408100
GRAY FOUNDATION
Tax-exempt · ALBANY, NY 12212
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $82,515,466 | $68,456,476 | $14,058,990 | $82,500,581 | $0 | $82,500,581 |
| December 31, 2024 | 990-PF | $81,988,047 | $49,277,026 | $32,711,021 | $83,385,298 | $0 | $83,385,298 |
| December 31, 2023 | 990-PF | $64,021,931 | $48,446,203 | $15,575,728 | $81,543,022 | $0 | $81,543,022 |
| December 31, 2022 | 990-PF (amended) | $85,340,733 | $39,235,783 | $46,104,950 | $79,676,216 | $0 | $79,676,216 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $59,434,787
- Dividends
- $2,031,376
- Net gain from sales of assets
- $20,969,267
- Other income
- $80,036
Expenses
- Grants and similar amounts paid
- $64,222,440
- Compensation of officers, directors and key employees
- $1,105,000
- Salaries, compensation and benefits (total)
- $460,000
- Disbursements for charitable purposes
- $67,407,803
- Excise tax on investment income
- $312,261
Balance sheet and other
- Total assets, start of year
- $83,385,298
- Total assets, end of year
- $82,500,581
- Total liabilities, end of year
- $0
- Net assets, end of year
- $82,500,581
- Fair market value of assets
- $425,001,366
- Qualifying distributions
- $67,407,803
- Net investment income
- $23,000,643
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 | Other / benefits |
|---|---|---|---|---|
| DANA ZUCKER C/O GOLDMAN SACHS WEALTH SERVICES, LP 100 COLISEUM DR, COHOES, NY 12047 | CHIEF EXECUTIVE OFFICER | 40 | $670,000 | $21,000 |
| CHARISSA FERNANDEZ C/O GOLDMAN SACHS WEALTH SERVICES, LP 100 COLISEUM DR, COHOES, NY 12047 | PRESIDENT | 40 | $435,000 | $79,695 |
| MARGARET MCCONVILLE C/O GOLDMAN SACHS WEALTH SERVICES, LP 100 COLISEUM, COHOES, NY 12047 | OFFICE MANAGER Highest-paid employee | 40 | $215,000 | $33,339 |
| ALEXA STRAUSS C/O GOLDMAN SACHS WEALTH SERVICES, LP 100 COLISEUM, COHOES, NY 12047 | PROGRAM MANAGER Highest-paid employee | 40 | $144,792 | $27,423 |
| CHI VAN DANG C/O GOLDMAN SACHS WEALTH SERVICES, LP 100 COLISEUM, COHOES, NY 12047 | CHIEF SCIENCE OFFICE Highest-paid employee | 10 | $125,000 | $0 |
| MIMI ZHENG C/O GOLDMAN SACHS WEALTH SERVICES, LP 100 COLISEUM, COHOES, NY 12047 | PROGRAM ASSOCIATE Highest-paid employee | 40 | $120,000 | $48,074 |
| JONATHAN GRAY C/O GOLDMAN SACHS WEALTH SERVICES, LP 100 COLISEUM DR, COHOES, NY 12047 | PRESIDENT | 1 | $0 | $0 |
| MINDY GRAY C/O GOLDMAN SACHS WEALTH SERVICES, LP 100 COLISEUM DR, COHOES, NY 12047 | SECRETARY & TREASURER | 1 | $0 | $0 |
990-PF for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DANA ZUCKER C/O AYCO COMPANY LP 100 COLISEUM DR, COHOES, NY 12047 | CHIEF EXECUTIVE OFFICER | 40 | $630,000 | $18,900 |
| CHARISSA FERNANDEZ C/O AYCO COMPANY LP 100 COLISEUM DR, COHOES, NY 12047 | PRESIDENT | 40 | $400,000 | $67,763 |
| MARGARET MCCONVILLE C/O AYCO COMPANY LP 100 COLISEUM DR, COHOES, NY 12047 | OFFICE MANAGER Highest-paid employee | 40 | $200,000 | $25,418 |
| CHI VAN DANG C/O AYCO COMPANY LP 100 COLISEUM DR, COHOES, NY 12047 | CHIEF SCIENCE OFFICE Highest-paid employee | 10 | $125,000 | $0 |
| CHARLOTTE BAYNARD C/O AYCO COMPANY LP 100 COLISEUM DR, COHOES, NY 12047 | PROGRAM OFFICER Highest-paid employee | 40 | $107,567 | $40,402 |
| BRANDON ACEVEDO C/O AYCO COMPANY LP 100 COLISEUM DR, COHOES, NY 12047 | PROGRAM ASSOCIATE Highest-paid employee | 40 | $60,000 | $14,745 |
| JONATHAN GRAY C/O AYCO COMPANY LP 100 COLISEUM DR, COHOES, NY 12047 | PRESIDENT | 1 | $0 | $0 |
| MINDY GRAY C/O AYCO COMPANY LP 100 COLISEUM DR, COHOES, NY 12047 | SECRETARY & TREASURER | 1 | $0 | $0 |
990-PF for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DANA ZUCKER C/O AYCO COMPANY LP 100 COLISEUM DR, COHOES, NY 12047 | CHIEF EXECUTIVE OFFICER | 40 | $592,000 | $17,760 |
| CHARISSA FERNANDEZ C/O AYCO COMPANY LP 100 COLISEUM DR, COHOES, NY 12047 | PRESIDENT | 40 | $365,000 | $73,826 |
| CHARLOTTE BAYNARD C/O AYCO COMPANY LP 100 COLISEUM DR, COHOES, NY 12047 | PROGRAM OFFICER Highest-paid employee | 40 | $200,000 | $68,876 |
| MARGARET MCCONVILLE C/O AYCO COMPANY LP 100 COLISEUM DR, COHOES, NY 12047 | OFFICE MANAGER Highest-paid employee | 40 | $172,500 | $27,093 |
| CHI VAN DANG C/O AYCO COMPANY LP 100 COLISEUM DR, COHOES, NY 12047 | CHIEF SCIENCE OFFICE Highest-paid employee | 10 | $125,000 | $0 |
| BRANDON ACEVEDO C/O AYCO COMPANY LP 100 COLISEUM DR, COHOES, NY 12047 | PROGRAM ASSOCIATE Highest-paid employee | 40 | $45,582 | $13,694 |
| JONATHAN GRAY C/O AYCO COMPANY LP 100 COLISEUM DR, COHOES, NY 12047 | PRESIDENT | 1 | $0 | $0 |
| MINDY GRAY C/O AYCO COMPANY LP 100 COLISEUM DR, COHOES, NY 12047 | SECRETARY & TREASURER | 1 | $0 | $0 |
990-PF for the year ended December 31, 2022: 7 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DANA ZUCKER C/O AYCO COMPANY LP 100 COLISEUM DR, COHOES, NY 12047 | CHIEF EXECUTIVE OFFICER | 40 | $567,000 | $17,010 |
| CHARISSA FERNANDEZ C/O AYCO COMPANY LP 100 COLISEUM DR, COHOES, NY 12047 | PRESIDENT | 40 | $340,000 | $10,200 |
| CHARLOTTE BAYNARD C/O AYCO COMPANY LP 100 COLISEUM DR, COHOES, NY 12047 | PROGRAM OFFICER Highest-paid employee | 40 | $175,000 | $5,250 |
| CHI VAN DANG C/O AYCO COMPANY LP 100 COLISEUM DR, COHOES, NY 12047 | CHIEF SCIENCE OFFICE Highest-paid employee | 10 | $125,000 | $0 |
| MARGARET MCCONVILLE C/O AYCO COMPANY LP 100 COLISEUM DR, COHOES, NY 12047 | OFFICE MANAGER Highest-paid employee | 40 | $86,148 | $2,584 |
| JONATHAN GRAY C/O AYCO COMPANY LP 100 COLISEUM DR, COHOES, NY 12047 | PRESIDENT | 1 | $0 | $0 |
| MINDY GRAY C/O AYCO COMPANY LP 100 COLISEUM DR, COHOES, NY 12047 | SECRETARY & TREASURER | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- C/O GOLDMAN SACHS WEALTH SERVICES P, ALBANY, NY 12212-0000
- In care of
- % AYCO COMPANY LP - NTG
- Signed the 990-PF
- DANA ZUCKER, CEO
- Phone
- (518) 886-4118
- Return prepared by
- RSM US LLP
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
- 47-1408100
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $82,500,581
- Income (IRS master file)
- $128,120,223
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $82,515,466 | $68,456,476 | $82,500,581 | IRS |
| 990-PF | December 2024 | $81,988,047 | $49,277,026 | $83,385,298 | XML |
| 990-PF | December 2023 | $64,021,931 | $48,446,203 | $81,543,022 | XML |
| 990-PF | December 2022 | $85,340,733 | $39,235,783 | $79,676,216 | XML |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about GRAY FOUNDATION
- What is the EIN of GRAY FOUNDATION?
- The employer identification number (EIN) of GRAY FOUNDATION is 47-1408100.
- Is GRAY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to GRAY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does GRAY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of GRAY FOUNDATION 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 FOUNDATION 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 FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 8 people; 6 received compensation from the organization, the highest $670,000 (DANA ZUCKER, CHIEF EXECUTIVE OFFICER).
- How much revenue does GRAY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $82,515,466, expenses of $68,456,476 and total assets of $82,500,581 at year end.
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