A carry tray a two-part base hingedly attached in the middle along adjacent edges. A removable or detachable handle may be provided. Each base comprises a bottom with a side extending upwards along the circumference, in whole or in part Each part of the base can be polygonal, semi-circular, hemi-circular, rectilinear, curved, or combinations thereof. The tray can be folded up along the hinge into a closed position for convenient storage or transport when not in use. The base contains an arrangement of fins to help hold cups or containers, and may be used with a removable template or foam insert.