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The Pray Family Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043395604 ✦ Seekonk, MA ✦ Designated as a 501(c)(3)

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Overview

What is The Pray Family Foundation?

The Pray Family Foundation, established in Seekonk, Massachusetts, is a charitable organization dedicated to serving societal needs in the realms of religion, education, and science. It adheres to the Internal Revenue Code Section 501(c)(3), allowing it to distribute funds to eligible charitable organizations. In line with this mission, the foundation successfully raised $148,835 in contributions during a specific period. Despite having the financial means, the foundation has not yet disbursed any funds to these charitable organizations, as indicated in the provided information.


Official website here: www.prayfamilyfoundation.org

Is The Pray Family Foundation legitimate?

The Pray Family Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Pray Family Foundation submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.prayfamilyfoundation.org

What is the mission statement of The Pray Family Foundation?

The Pray Family Foundation is dedicated to serving charitable, religious, educational, and scientific purposes. As per its mission, the foundation raises funds and distributes them to eligible 501(c)(3) charitable organizations. In line with this objective, the foundation managed to raise $148,835 and disbursed it to qualifying organizations. The Pray Family Foundation operates with a focus on contributing to causes that fall under the categorization of public charities as outlined in the Internal Revenue Code Section 501(c)(3).


Official website here: www.prayfamilyfoundation.org

Who is the CEO of The Pray Family Foundation?

Scott W Pray is the President of The Pray Family Foundation.


Official website here: www.prayfamilyfoundation.org

What is the revenue of The Pray Family Foundation?

The Pray Family Foundation's revenue in 2022 was $151,308.


Official website here: www.prayfamilyfoundation.org

Who are the executives of The Pray Family Foundation and what are their salaries?


Here are 2 key members and their salaries:


Scott W Pray (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol H Pray (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.prayfamilyfoundation.org

Where can I find the form 990EZ for The Pray Family Foundation?

The Pray Family Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.prayfamilyfoundation.org

Learn more at the official website: www.prayfamilyfoundation.org

Mission Statement of The Pray Family Foundation

The Pray Family Foundation, as per its mission, is dedicated to serving charitable, religious, educational, and scientific purposes. This organization functions by making contributions to organizations that fall under the category of public charities, as classified under IRC Section 501(c)(3). In line with its objective, The Pray Family Foundation successfully raised a substantial sum of $148,835 and subsequently distributed these funds to the eligible charitable entities.

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Impact




October, 2024

The Pray Family Foundation has a significant impact in the charitable sector by supporting various public charities focused on medical research and other essential areas. With a mission dedicated to charitable, religious, educational, and scientific purposes, the foundation raised $148,835, intending to make a difference through strategic financial support. Although no distributions have been made to 501(c)(3) organizations yet, the funds raised indicate a commitment to future charitable initiatives. This positioning sets the stage for the foundation to contribute meaningfully to advancements in medical research and other vital community needs in Seekonk, MA, and beyond.




This information is meant to be a general summary of The Pray Family Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$151,308 (2022)
Expenses
$221,588 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $177,506

Assets and Liabilities:

  • Total Assets: $181,150
  • Total Liabilities: $0
  • Net Assets: $181,150

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Organization Details

Principal Officer

Scott W Pray

Main Address

25 ANTHONY STREET, SEEKONK, MA, 02771

NTEE Category

Code: H80 - Medical research

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