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Clay Electric Foundation Inc

KEYSTONE HEIGHTS, FL EIN: 61-1777637 Website

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

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

2states

Cities

AlachuaArcherBelleviewBrookerCitraClearwaterClermontCocunut CreekCrescent CityDaytona BeachDelandEast PalatkaEutisFleming IslandFlorahomeFort MccoyGainesvilleGainsvilleGeorgetownGreen Cove Springs

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.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$269K$539K$808K$1M20202021202220232024
Metric202420232022
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

$0$227K$454K$681K$908K103 grants202070 grants202169 grants202271 grants202371 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

A WOMEN'S RESOURCE CENTE…$20KALACHUA COUNTY ORGANIZAT…$20KBRADFORD COUNTY EDUCATIO…$20KCHILD ADVOCACY CENTER INC$20KELDERCARE OF ALACHUA COU…$20KINTERLACHEN SOUP KITCHEN…$20KMARION COUNTY CHILDREN'S…$20KFLORIDA YOUTH CHALLENGE …$16KAMERICAN RED CROSS OF NO…$15KCHALLENGE ENTERPRISES OF…$15K

Grant Size Distribution

250 grants across all recorded years

250<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

3 open opportunities from Clay Electric Foundation Inc

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include A Women's Resource Center of Palatka Fl ($20,000), Alachua County Organization for Rural Needs Inc ($20,000), Bradford County Education Foundation Inc ($20,000).

RecipientPurposeAmount
10 CAN INC MT DORA, FLPURSUIT OF THE FOUNDATIONS OVERALL MISSION$10,000
A WOMEN'S RESOURCE CENTER OF PALATKA FL PALATKA, FLPURSUIT OF THE FOUNDATIONS OVERALL MISSION$20,000
ALACHUA COUNTY ORGANIZATION FOR RURAL NEEDS INC BROOKER, FLPURSUIT OF THE FOUNDATIONS OVERALL MISSION$20,000
AMERICAN RED CROSS OF NORTHEAST FLORIDA JACKSONVILLE, FLPURSUIT OF THE FOUNDATIONS OVERALL MISSION$15,000
BASCA INC ORANGE PARK, FLPURSUIT OF THE FOUNDATIONS OVERALL MISSION$10,000
BOYS AND GIRLS CLUB OF NORTHEAST FLORIDA INC JACKSONVILLE, FLPURSUIT OF THE FOUNDATIONS OVERALL MISSION$7,000
BRADFORD COUNTY EDUCATION FOUNDATION INC STARKE, FLPURSUIT OF THE FOUNDATIONS OVERALL MISSION$20,000
CAMP BOGGY CREEK EUTIS, FLPURSUIT OF THE FOUNDATIONS OVERALL MISSION$10,000
CATHOLIC CHARITIES BUREAU LAKE CITY REGIONAL OFFICE LAKE CITY, FLPURSUIT OF THE FOUNDATIONS OVERALL MISSION$10,000
CATHOLIC CHARITIES BUREAU INC ST AUGUSTINE, FLPURSUIT OF THE FOUNDATIONS OVERALL MISSION$12,500

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

NameTitleHoursCompensation
STEPHEN E BAILEYPRESIDENT/BOARD MEMBER1
KATHLEEN R BARROWVICE-PRESIDENT/BOARD MEMBE1
REGINAL L BROWNSECRETARY/MEMBER1
DENNIS CHESSERTREASURER/MEMBER1
SUSAN MCCOOLBOARD MEMBER1
PAM WHITTLEBOARD MEMBER1
JOE BUCCIBOARD MEMBER1
JOHN ROBERTS JRBOARD MEMBER1
CAROL B KNIGHTBOARD MEMBER1

Recent News & Activity

Recent developments and announcements

2025

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 grant

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Clay Electric Foundation Inc fund?

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 ca…

How do I apply for a grant from Clay Electric Foundation Inc?

**Grant Amounts & Frequency** • Maximum grant: $20,000 per organization in a 12-month period • Typical award range: $5,400–$20,000 • Grants are awarded on a rolling basis with board decisions communicated within 60 days of application **Application Process** • Applications are accepted by mail and available on the Foundation's website • Applicants must operate in at least one of the 14 counties served by Clay Electric Cooperative: Alachua, Baker, Bradford, Clay, Columbia, Flagler, Gilchrist, La…

Where does Clay Electric Foundation Inc make 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.

What size grants does Clay Electric Foundation Inc award?

In 2024, Clay Electric Foundation Inc awarded 71 grants totaling $880K — an average of about $12K per grant, based on its IRS Form 990 filings.

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.

Explore Open Grants

Browse active grant opportunities in Clay Electric Foundation Inc's focus areas in our free grants database

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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