Ray Sutton Mcgehee Foundation

Foundation · Grantmaker JACKSONVILLE, FL EIN: 59-6143565

Ray Sutton Mcgehee Foundation is a private foundation, based in JACKSONVILLE, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 30 grants totaling $66K. Net investment income was $14K.

Key facts about Ray Sutton Mcgehee Foundation

EIN
59-6143565
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$65,550
Grants made (2024)
30
Average grant
$2,185
Median grant
$875
Total assets
$1,842,515
Primary geography
Florida (68% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated April 2026.

Who Ray Sutton Mcgehee Foundation funds

By grant dollars, the top recipient states for Ray Sutton Mcgehee Foundation's 30 itemized 2024 grants were Florida (68%), North Carolina (18%) and Tennessee (10%). The most frequent recipient cities were Jacksonville, FL (14 grants), Hendersonville, NC (4 grants) and Asheville, NC (2 grants). 100% of grants with a stated purpose were for general or operating support.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.8M

+18.6% YoY

Annual Giving

$66K

+7.2% YoY

Grant Count

30

+11.1% YoY

Avg Grant Size

$2K

-3.5% YoY

Under IRS private-foundation payout rules, Ray Sutton Mcgehee Foundation reported a distributable amount of $86K for 2024 — the minimum it must pay out in qualifying distributions.

About Ray Sutton Mcgehee Foundation

Based on IRS filings

Ray Sutton Mcgehee Foundation is a private foundation, based in JACKSONVILLE, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 30 grants totaling $66K. Net investment income was $14K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states

Share of all 30 itemized 2024 grant dollars.

Cities

JacksonvilleHendersonvilleAshevilleFlat RockJacksonville BeachBoynton BeachMemphisOrlandoCincinnatiFernandina BeachFleming IslandNorth BendNorthfieldGainsesvilleHarborcreekStaten IslandAtlantic BeachFrankfortGainesvilleGreen Cove Springs

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$33K$65K$98K$130K20202021202220232024
Metric202420232022
Total Assets$1,842,515$1,554,001$1,262,306
Revenue$59,791$48,250$-44,591
Expenses$93,489$84,871$118,395
Qualifying Distributions$71,950$66,570$98,565
Net Investment Income$13,760$7,309$6,333
Distributable Amount$86,468$71,159$72,309

Giving Over Time

Total grant dollars and number of grants per year

$0$23K$47K$70K$93K33 grants202028 grants202138 grants202227 grants202330 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Westside Chapel$8KDucks Unlimited$7KUf Foundation$7KFirst Coast Women's Serv…$6KHubbard House$5KTim Tebow Foundation$5KUnited Way Asheville$5KThe Bolles School$3KWoman's Bd Wolfson Child…$3KUs Constitution Scholars…$3K

Grant Size Distribution

156 grants across all recorded years

156<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Westside Chapel ($7,600), Ducks Unlimited ($6,660), Uf Foundation ($6,500).

RecipientPurposeAmount
WESTSIDE CHAPEL JACKSONVILLE, FLNON-RESTRICTED OPERATIONAL SUPPORT$7,600
DUCKS UNLIMITED MEMPHIS, TNNON-RESTRICTED OPERATIONAL SUPPORT$6,660
UF FOUNDATION GAINSESVILLE, FLNON-RESTRICTED OPERATIONAL SUPPORT$6,500
FIRST COAST WOMEN'S SERVICES JACKSONVILLE, FLNON-RESTRICTED OPERATIONAL SUPPORT$6,250
HUBBARD HOUSE JACKSONVILLE, FLNON-RESTRICTED OPERATIONAL SUPPORT$5,000
TIM TEBOW FOUNDATION JACKSONVILLE, FLNON-RESTRICTED OPERATIONAL SUPPORT$5,000
UNITED WAY ASHEVILLE ASHEVILLE, NCNON-RESTRICTED OPERATIONAL SUPPORT$5,000
THE BOLLES SCHOOL JACKSONVILLE, FLNON-RESTRICTED OPERATIONAL SUPPORT$3,000
WOMAN'S BD WOLFSON CHILDREN JACKSONVILLE, FLNON-RESTRICTED OPERATIONAL SUPPORT$2,500
US CONSTITUTION SCHOLARSHIP FNDTN FERNANDINA BEACH, FLNON-RESTRICTED OPERATIONAL SUPPORT$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
BERRYLIN M HOUSTONCHAIRMAN, TR——
CLARENCE H HOUSTON JRBOARD MEMBER——
KATHLEEN H ELLISBOARD MEMBER——
FRANK F HOUSTONBOARD MEMBER——
JOANNE C CELLARBOARD MEMBER——

Frequently Asked Questions

How large is Ray Sutton Mcgehee Foundation?

As of 2024, Ray Sutton Mcgehee Foundation holds $1.8M in total assets with $60K in annual revenue. It awarded 30 grants totaling $66K in 2024.

Where does Ray Sutton Mcgehee Foundation operate?

Ray Sutton Mcgehee Foundation has awarded grants in Florida, Kentucky, North Carolina, New York, Ohio, Pennsylvania, Tennessee, Texas, Washington.

What size grants does Ray Sutton Mcgehee Foundation award?

In 2024, Ray Sutton Mcgehee Foundation awarded 30 grants totaling $66K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Ray Sutton Mcgehee Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ray Sutton Mcgehee Foundation reported a distributable amount of $86K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ray Sutton Mcgehee Foundation's EIN?

Ray Sutton Mcgehee Foundation's EIN (Employer Identification Number) is 59-6143565. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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