funder logo

THE RAY CHARLES FOUNDATION

THE RAY CHARLES FOUNDATION

Los Angeles, CA, US
501(c)3
EIN
95-4047622
Open for Solicitation
Private Foundation
Regional Funder
funder logo

THE RAY CHARLES FOUNDATION

Los Angeles, CA, US
501(c)3
EIN
95-4047622
Open for Solicitation
Private Foundation
Regional Funder

Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$39,004,801

Investments
57%
Cash & Equivalents
26%
Other Assets
11%
Property, Plant, & Equipment (net)
6%
Prepaid Expenses
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$80,222

Other Liabilities
>99%
Payables & Accruals
0%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Tax-Exempt Bond Liabilities
N/A
Custodial & Escrow Liabilities
N/A
Assets
2023
2024
Change
Cash & Equivalents
$11,007,549
$10,267,096
-7%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$94,400
$119,519
+27%
Investments
$21,194,903
$22,120,775
+4%
Property, Plant, & Equipment (net)
$2,245,817
$2,185,136
-3%
Other Assets
$4,276,033
$4,312,275
+1%
Total Assets
$38,818,702
$39,004,801
+0%
Liabilities
2023
2024
Change
Payables & Accruals
-
-
-
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
N/A
N/A
N/A
Custodial & Escrow Liabilities
N/A
N/A
N/A
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$94,926
$80,222
-15%
Total Liabilities
$94,926
$80,222
-15%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$38,723,776
+$38,924,579
+1%
Balance Sheet
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