Clay Electric Foundation Inc
Clay Electric Foundation Inc. is a 501(c)(3) nonprofit organization based in Keystone Heights, Florida. The Foundation was established in 2015 to represent the members of Clay Electric Cooperative and administer funds collected through Operation Round Up, a voluntary giving program. The Foundation distributes charitable contributions to worthwhile organizations and educational initiatives that improve lives and respond to immediate needs within the cooperative's service territory.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$209K
-11.9% YoY
Annual Giving
$880K
-0.6% YoY
Grant Count
71
+0.0% YoY
Avg Grant Size
$12K
-0.6% YoY
Mission & Focus Areas
The Foundation's mission is to distribute money collected from Clay Electric members through Operation Round Up to worthwhile, charitable and educational purposes that will improve lives and respond to immediate needs within the counties where the cooperative provides electric service.
Primary funding areas include:
- Education
- Human Services
- Community Development
- Children's Programs
- Health and Wellness
- Environmental Conservation
- Support for individuals with disabilities
- Foster care and child protection services
Grantmaking
In December 2025, the Foundation approved 8 applications totaling $76,812, including grants to Marion County Children's Advocacy Center ($20,000), CARC Lake City ($17,312), Friends of Dunns Creek State Park ($16,500), and The Healing Hearts Project ($5,000).
How to Apply
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Geographic Focus
Where this funder awards grants
The Foundation serves 14 counties in Florida where Clay Electric Cooperative provides electric service: Alachua, Baker, Bradford, Clay, Columbia, Flagler, Gilchrist, Lake, Levy, Marion, Putnam, Suwannee, Union, and Volusia.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2022:
- Total Assets: $282,594
- Net Assets/Fund Balances: $267,594
- Gross Receipts: $888,411
- Total Expenses: $927,692
- Net Assets at Beginning of Year: $306,875
As of 2024:
- Total Assets: $209,236
- Total Giving: $979,650
The Foundation has zero employees and no fundraising expenses, operating entirely through volunteer board members.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $209,236 | $237,461 | $282,594 |
| Revenue | $951,425 | $932,077 | $888,411 |
| Expenses | $979,650 | $962,210 | $927,692 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Open Grants
3 open opportunities from Clay Electric Foundation Inc
Back to Your Future Scholarship Program
CLAY ELECTRIC FOUNDATION INC
Amount
$2,000
Deadline
September 30, 2027
Clay Electric Foundation Grants
CLAY ELECTRIC FOUNDATION INC
Amount
Up to US $20,000
Deadline
Rolling / Open
Operation Round Up Grant Program
CLAY ELECTRIC FOUNDATION INC
Amount
Varies (multiple awards per year, ranging from $1,500 to $15,000+)
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The Foundation Board consists of nine volunteer trustees—one cooperative member from each of the nine trustee districts. Board members are appointed by Clay Electric Cooperative's Board of Trustees and serve staggered 3-year terms.
Known Board Members:
- Kathy Barrow (Vice President, District 1 - Keystone Heights): Retired educator from Clay County Public Schools with 53 years of cooperative membership. Holds an MS degree in counseling from the University of North Florida and has volunteered with Lake Area Ministries.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEPHEN E BAILEY | PRESIDENT/BOARD MEMBER | 1 | — |
| KATHLEEN R BARROW | VICE-PRESIDENT/BOARD MEMBE | 1 | — |
| REGINAL L BROWN | SECRETARY/MEMBER | 1 | — |
| DENNIS CHESSER | TREASURER/MEMBER | 1 | — |
| SUSAN MCCOOL | BOARD MEMBER | 1 | — |
| PAM WHITTLE | BOARD MEMBER | 1 | — |
| JOE BUCCI | BOARD MEMBER | 1 | — |
| JOHN ROBERTS JR | BOARD MEMBER | 1 | — |
| CAROL B KNIGHT | BOARD MEMBER | 1 | — |
Recent News & Activity
Recent developments and announcements
The Foundation continues to actively award grants throughout the year. Recent recipients have included organizations focused on child protection and trauma support, disability services, environmental conservation, youth mentorship, foster care support, and community wellness programs. Grant announcements are published regularly on the Clay Electric Cooperative website, with the most recent activity documented in December 2025.
League of Environmental Educators in Florida - Announcing $4,000 mini grantSubject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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