Ray Cosgrave was born in Cork, Ireland, grew up there and graduated with a B. Comm. Degree from University College Cork. He later qualified as a member of the Chartered Institute of Management Accountants.

During his career he has been Head of the Business Studies Department in Ashton Comprehensive School, run his own accounting training college for accounting students, and been a tax consultant and financial planner in Vancouver BC. He is currently self-employed as a consultant on tax and financial matters. Ray, a past President of the Rotary Club of Cork, has served as District Community Services and Vocational Chairman and Assistant Governor. Ray and Breege have hosted members of GSE Teams and Ambassadorial Scholars.

Breege and Ray have three sons Ronan Alan and Mark. All three have participated in at least one Rotary Summer Camp.

Ray's hobbies include sport, music, reading and visiting the Theatre. He is an avid follower of both the Cork Hurling Team and the Munster Rugby team. Breege is also a supporter of the Munster Rugby Team and is a Master Bridge Player.