Clay Electric Foundation Inc
Clay Electric Foundation Inc. is a public charity based in Keystone Heights, Florida. It distributes charitable and educational funding in the Clay Electric Cooperative service area, using donations collected through the cooperative’s Operation Round Up program.
Clay Electric Foundation Inc at a glance
In short: Clay Electric Foundation Inc gave $880K across 71 grants in 2024 (avg $12K), mostly in Florida. 24% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $879,500
- -0.6% vs 2023
- Grants made (2024)
- 71
- +0.0% vs 2023
- Average grant
- $12,387
- -0.6% vs 2023
- Median grant
- $10,000
- Total assets
- $209,236
- -11.9% vs 2023
- New grantees (estimate)
- 24% first-time grantees (17 of 71, 2024)
- Primary geography
- Florida (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Clay Electric Foundation Inc
- How to Apply
-
The organization application is available on the foundation’s website and is accepted by mail. Organizations may request no more than one grant of up to $20,000 in a 12-month period. The application checklist includes, as applicable, an IRS 501(c)(3) letter, board list, financial statements, projected program budget, county-level service statistics, program description and goals, and an itemized explanation of how funds would be used. The foundation says applicants are notified within 60 days of the board’s decision. It requires a final report after the funded project or program is complete, or after all grant funds have been used for an ongoing program; the report is due at least one year after funds are received.
- Next open deadline
- September 30, 2027 (Back to Your Future Scholarship Program)
- Contact
Mailing address: PO Box 308, Keystone Heights, FL 32656
Phone: (352) 473-8000
Website: https://clayelectric.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
5 open opportunities from Clay Electric Foundation Inc
Back to Your Future Scholarship Program
Clay Electric Foundation Inc
Amount
$2,000
Deadline
Expected ~September
Based on past cycles
Clay Electric Foundation Grants
Clay Electric Foundation Inc
Amount
Up to US $20,000
Deadline
Deadline not published
Operation Round Up Grant Program
Clay Electric Foundation Inc
Amount
Varies (multiple awards per year, ranging from $1,500 to $15,000+)
Deadline
Rolling (quarterly review)
Who Clay Electric Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was A Women's Resource Center of Palatka FL ($20K). Together the top 10 received $200K.
Grant Size Distribution
384 grants across all recorded years
The most common grant size was under $50K: 384 grants of 384 (100%).
Geographic Focus
Where this funder awards grants
The foundation’s 2024 filing reports that 100% of grant dollars went to recipients in Florida. Its mission and organization application describe a 14-county service area: Alachua, Baker, Bradford, Clay, Columbia, Flagler, Gilchrist, Lake, Levy, Marion, Putnam, Suwannee, Union, and Volusia.
Grant Distribution by State
Share of 2024 grant dollars across all 71 itemized grants.
Cities
Is Clay Electric Foundation Inc open to new grantees?
24%
first-time grantees, 2024
In 2024, 17 of 71 grantees (24%) were first-time recipients. First grants averaged $13K; repeat grants $12K. How we count
Medians: $10K first-time, $10K repeat.
- 35% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+13%). Method
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $776K (2021) to $908K (2020). In 2024 it made 71 grants totaling $880K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| A Women's Resource Center of Palatka FL Palatka, FL | Pursuit of the Foundations Overall Mission | $20,000 |
| Alachua County Organization for Rural Needs Inc Brooker, FL | Pursuit of the Foundations Overall Mission | $20,000 |
| Bradford County Education Foundation Inc Starke, FL | Pursuit of the Foundations Overall Mission | $20,000 |
| Child Advocacy Center Inc Gainsville, FL | Pursuit of the Foundations Overall Mission | $20,000 |
| Eldercare of Alachua County Inc Gainesville, FL | Pursuit of the Foundations Overall Mission | $20,000 |
| Interlachen Soup Kitchen Ministries Inc Interlachen, FL | Pursuit of the Foundations Overall Mission | $20,000 |
| Marion County Children's Advocacy Center Inc Ocala, FL | Pursuit of the Foundations Overall Mission | $20,000 |
| Putnam First Cancer Fund Inc Palatka, FL | Pursuit of the Foundations Overall Mission | $20,000 |
| Putnam Habitat for Humanity Inc Palatka, FL | Pursuit of the Foundations Overall Mission | $20,000 |
| The Way Free Medical Clinic Inc Green Cove Springs, FL | Pursuit of the Foundations Overall Mission | $20,000 |
Ready to take the next step with Clay Electric Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants |
|---|---|---|---|---|---|
| 2024 | $209,236 | $951,425 | $979,650 | $879,500 | 71 |
| 2023 | $237,461 | $932,077 | $962,210 | $884,910 | 71 |
| 2022 | $282,594 | $888,411 | $927,692 | $852,898 | 69 |
| 2021 | $306,875 | $892,614 | $900,708 | $776,330 | 70 |
| 2020 | $323,969 | $926,290 | $941,563 | $908,084 | 103 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation states that its mission is to accumulate and disburse funds for charitable, educational, and other worthy purposes in Clay Electric Cooperative’s 14-county service area. Its website identifies community service, education and youth, and disaster relief as areas of focus. Community service includes work related to public safety, health care, self-sufficiency, and basic needs; education and youth funding includes scholarships and programs for young people.
Examples of 2024 grantees illustrate the range of organizations supported. Putnam Habitat for Humanity says it works to address poverty housing and assist lower-income homeowners with critical and emergency repairs. The Alachua County Organization for Rural Needs says it provides low-cost dental care to low-income people. The Way Free Medical Clinic says it provides free medical care for uninsured people, while Waste Not Want Not says it fights hunger and poverty by rescuing and distributing food and other items. Child advocacy centers receiving grants describe work supporting child victims and responding to children’s needs.
Grantmaking
In 2024, the foundation reported 71 grants totaling $879,500. Grant amounts ranged from $6,000 to $20,000, with a median award of $10,000. The 2024 filing lists 71 grants in each of 2023 and 2024, and 69 in 2022.
Among the largest 2024 awards, at $20,000 each, were grants to Putnam Habitat for Humanity, the Alachua County Organization for Rural Needs, Marion County Children’s Advocacy Center, The Way Free Medical Clinic, Waste Not Want Not, Bradford County Education Foundation, Putnam First Cancer Fund, and Child Advocacy Center. The filing describes these awards as supporting the foundation’s overall mission.
The application materials state that eligible organizations must operate in at least one of these 14 counties: Alachua, Baker, Bradford, Clay, Columbia, Flagler, Gilchrist, Lake, Levy, Marion, Putnam, Suwannee, Union, and Volusia. Churches and religious organizations are ineligible except for church-affiliated programs with direct community impact. Public and private schools and preschools cannot apply directly, though foundations and organizations may apply for projects within them. Local, state, and federal governments, lobbying or political organizations and campaigns, and for-profit organizations are also ineligible.
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation’s 2024 filing lists Stephen E. Bailey as president and board member; Kathleen R. Barrow as vice president and board member; Reginal L. Brown as secretary and member; and Dennis Chesser as treasurer and member. It also lists Susan McCool, Pam Whittle, Joe Bucci, John Roberts Jr., and Carol B. Knight as board members.
The foundation’s website says its board has nine volunteer members, one cooperative member from each of nine trustee districts, appointed by Clay Electric Cooperative’s Board of Trustees for staggered three-year terms.
Clay Electric Foundation Inc is led by Stephen E. Bailey, President & Board Member on every filing since 2020; none of the 9 officers listed in 2024 report compensation.
Officers on the 2024 filing
Stephen E. Bailey
President & Board Member
On filings since 2020
1 hr/week
No compensation reported
Carol B. Knight
Board Member
On filings since 2020
1 hr/week
No compensation reported
Dennis Chesser
Treasurer & Member
Board Member → Treasurer & Member, 2024
On filings since 2020
1 hr/week
No compensation reported
Joe Bucci
Board Member
On filings since 2020
1 hr/week
No compensation reported
Kathleen R. Barrow
Vice President & Board Member
On filings since 2020
1 hr/week
No compensation reported
Reginal L. Brown
Secretary & Member
On filings since 2020
1 hr/week
No compensation reported
Susan McCool
Board Member
On filings since 2020
1 hr/week
No compensation reported
Pam Whittle
Board Member
On filings since 2021
1 hr/week
No compensation reported
John Roberts Jr.
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (2)
- Former: Richard L. Feagle (2020–2023) — Treasurer & Member
- Former: Elzie S. Sanders (2020) — Board Member
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Clay Electric Foundation Inc
How much does Clay Electric Foundation Inc give each year?
Clay Electric Foundation Inc gave $880K across 71 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $885K across 71 grants.
What is Clay Electric Foundation Inc's typical grant size?
Clay Electric Foundation Inc's median grant in 2024 was $10,000, and its average grant was $12,387, across 71 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Clay Electric Foundation Inc that year got $13K on average.
Where does Clay Electric Foundation Inc give grants?
Clay Electric Foundation Inc gives mostly in Florida: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Gainesville, FL (11 grants), Orange Park, FL (9 grants), Palatka, FL (6 grants) and Lake City, FL (5 grants).
Does Clay Electric Foundation Inc give general operating support?
Not in 2024: none of the 71 grants with a stated purpose on Clay Electric Foundation Inc's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Pursuit of the Foundations Overall Mission" (67 grants) and "Pursuit of the Foundation's Overall Mission" (4 grants).
Who are Clay Electric Foundation Inc's largest grantees?
Clay Electric Foundation Inc's largest 2024 grantees include A Women's Resource Center of Palatka FL ($20,000), Alachua County Organization for Rural Needs Inc ($20,000) and Bradford County Education Foundation Inc ($20,000), according to its 2024 IRS Form 990. Together they received 7% of its itemized 2024 grant dollars.
How large is Clay Electric Foundation Inc?
Clay Electric Foundation Inc reported $209K in total assets on its 2024 IRS Form 990. Its revenue that year was $951K.
What does Clay Electric Foundation Inc fund?
The foundation states that its mission is to accumulate and disburse funds for charitable, educational, and other worthy purposes in Clay Electric Cooperative’s 14-county service area. Its website identifies community service, education and youth, and disaster relief as areas of focus. See mission & focus areas ↑
How do I apply for a grant from Clay Electric Foundation Inc?
The organization application is available on the foundation’s website and is accepted by mail. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Clay Electric Foundation Inc's EIN?
Clay Electric Foundation Inc's EIN (Employer Identification Number) is 61-1777637. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS October 17, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS April 29, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Clay Electric Foundation Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Clay Electric Foundation Inc funder profile. GrantGraph. Retrieved October 9, 2026, from https://grantable.co/funders/clay-electric-foundation-inc-morg_96ae4b51948c4340b11e14e931e05cc8
BibTeX
@misc{grantable_611777637_2026,
author = {{Grantable}},
title = {{Clay Electric Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/clay-electric-foundation-inc-morg_96ae4b51948c4340b11e14e931e05cc8},
note = {Accessed 2026-10-09. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Clay Electric Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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