Ray of Hope Foundation
Preselected recipients only
Ray of Hope Foundation is a private foundation in Falmouth, Maine. In tax year 2025 it gave $1.2 million in 5 grants; the typical grant was $50,000 and the largest $1.0 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$1.2 million
- Number of grants5
- Typical grant$50,000
- Largest grant$1.0 million
- Assets$5,732
- New grantees60%
Giving in 2025 was up from $355,000 the year before.
60% of its 2025 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $80,000 | 3 | $311,094 |
| 2024 | $355,000 | 3 | $1.0 million |
| 2025 | $1.2 million | 5 | $5,732 |
How to apply
Ray of Hope Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Ray of Hope Foundation funds
Where it gives
Its grants went to recipients in 3 states, the most to Massachusetts.
| State | Grants | Amount |
|---|---|---|
| Massachusetts | 1 | $1.0 million |
| Florida | 2 | $135,000 |
| Maine | 2 | $60,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Northeastern University | Portland Campus Development Fund | $1.0 million |
| STARability Foundation | General Support | $125,000 |
| Big Brothers Big Sisters of Southern Maine | General Support | $50,000 |
| SNIP Collier Inc | Helping PAWS Medical Fund | $10,000 |
| University Southern Maine Foundation | ROCC Gratitude Annual Scholarship | $10,000 |
Officers and trustees
- Charles Gendron
- Theresa Gendron
Questions people ask
Does Ray of Hope Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Ray of Hope Foundation give?
$1.2 million in tax year 2025, across 5 grants, with a typical grant of $50,000.
Who runs Ray of Hope Foundation?
Its 2025 filing lists Charles Gendron (Trustee) and Theresa Gendron (Trustee).
What does Ray of Hope Foundation fund?
Based on its grants, mainly education.