Overview

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Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Ray Corollary Initiative is a courts-focused nonprofit with a mission to encourage ADR providers and selectors to increase the use of neutrals with wide-ranging work and life experiences while preserving party autonomy in selection. In filing year 2025, it reported an operating budget of $182K and total revenue of $394.2K, with major support from the AMERICAN ARBITRATION ASSOCIATION - INT'L CENTRE FOR DISPUTE RESOLUTION FNDN INC and the JAMS Foundation.

Mission Statement

The mission of the Ray Corollary Initiative Inc. RCI is to encourage ADR providers and selectors to increase the utilization of neutrals with wide-ranging work and life experiences while maintaining the parties autonomy to make the selection decision. - It will do this by urging providers to create slates and selectors to choose their proposed panels of neutrals to include at least 30% of historically underutilized neutrals. This mission enhances the credibility of the ADR profession and processes.
Revenues
$127.4K
Expenses
$107.2K
Net Income:
+$20.1K
Assets
$23.1K
Liabilities
N/A
Net Assets:
N/A
Operating Budget
$107.2K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
2
Median grant size
$218.8K
Largest grant received
$375K
A
Allen Waxman
Board Member
C
Christopher Kwok
Board Member
D
David Larson
Board Member
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  • 2 funders
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Frequently Asked Questions

What is Ray Corollary Initiative’s budget?
In 2024, Ray Corollary Initiative reported an annual operating budget of around $107 thousand. More detailed financial information is available to registered users.
What causes does Ray Corollary Initiative support?
Ray Corollary Initiative supports work in Courts.
Where does Ray Corollary Initiative operate?
Ray Corollary Initiative is headquartered in COLUMBIA, MD.
Who funded Ray Corollary Initiative recently?
In 2024, Ray Corollary Initiative received grants from AMERICAN ARBITRATION ASSOCIATION - INT'L CENTRE FOR DISPUTE RESOLUTION FNDN INC and JAMS Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant Ray Corollary Initiative received in 2024?
The largest grant to Ray Corollary Initiative in 2024 exceeds $375 thousand.