James C. Ray

James C. Ray Biography, Continued

James met Joan L. Paine, the love of his life, soon after his separation from the military. The couple raised two children along with Joan’s children from her prior marriage. The Ray family spent most of their time during the 1950’s in Gstaad, Switzerland and moved to Gallatin Gateway, Montana during the 60’s where they operated a large-scale cattle ranch. Their love of cattle ranching sparked an interest in finding a cure for a disease that rendered cows sterile. Through funding by Ray Foundation in 1963, a veterinary research lab was constructed, and a vaccine (BVB) was developed three years later. Many years of royalties from its sales were in turn distributed through Ray Foundation in support of youth anti-drug education and mental health programs.

Beyond the cattle industry, James Ray was also active in oil and gas exploration, and real estate development throughout the course of his 45+ years as a businessman. As an early adopter of modern technology, James never met a device that he didn’t love, he was a seed investor or advisor for over 300 startup technology companies that include Compaq Computer, Viasat and Hewlett-Packard.

The Ray family’s passion for aviation can be seen in the work of Ray Foundation, Inc. today. The programs the Foundation supports strengthen families and foster self-discipline, confidence and personal responsibility. Much of James’ philanthropy was done anonymously over the years. He sought no recognition or thanks, as the success of the programs he supported was the best thanks of all. James believed that a strength our country has is the opportunity for involvement of youth in all facets of aerospace and had faith in the talents and energy of the next generation of aviators. “What I learned in business also applies to safe flying: Stay flexible, disciplined, and just when you think you’re a genius, you aren’t,” he said.