The Evelyn V McPherson Foundation Inc

Private foundation · Grantmaker Palm Beach, FL EIN: 41-2061167

The Evelyn V McPherson Foundation Inc is a private foundation based in Palm Beach, Florida. Its 2024 filing reports contributions to charitable organizations, with the largest share of grant dollars going to Florida recipients.

The Evelyn V McPherson Foundation Inc at a glance

In short: The Evelyn V McPherson Foundation Inc gave $175K across 15 grants in 2024 (avg $12K), mostly in Florida. 53% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$174,558
+130.8% vs 2023
Grants made (2024)
15
+25.0% vs 2023
Average grant
$11,637
+84.6% vs 2023
Median grant
$500
Total assets
$5,240,688
-1.8% vs 2023
New grantees (estimate)
53% first-time grantees (8 of 15, 2024; small sample)
Primary geography
Florida (83% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to The Evelyn V McPherson Foundation Inc

Accepts unsolicited proposals
No
How to Apply

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

Contact

Mailing address: 251 Royal Palm Way Suite 215, Palm Beach, FL 33480
Phone: (561) 659-8660

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who The Evelyn V McPherson Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Chamber Music Society of Palm Beach: $128KChamber Music Society of PalmBeach$128KRegina High School: $19KRegina High School$19KRonald McDonald House of South Florida: $10KRonald McDonald House of SouthFlorida$10KChrist Clinic: $5KChrist Clinic$5KVariety the Children's Charity: $5KVariety the Children's Charity$5KPediatric Oncology Support Team: $4KPediatric Oncology SupportTeam$4KStand Down: $500Stand Down$500Aid to Victims of Domestic Abuse: $500Aid to Victims of DomesticAbuse$500Jewish Foundation of Palm Beach County: $500Jewish Foundation of PalmBeach County$500Temple Emanu-El of Palm Beach: $500Temple Emanu-El of Palm Beach$500

The largest 2024 recipient was Chamber Music Society of Palm Beach ($128K). Together the top 10 received $173K.

Grant Size Distribution

60 grants across all recorded years

56<$50K2$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 56 grants of 60 (93%).

Geographic Focus

Where this funder awards grants

In 2024, 83% of grant dollars went to recipients in Florida, 11% to Michigan, 3% to Texas, and 3% to Tennessee. North Carolina is listed at 0%. These percentages describe the locations of 2024 grant recipients.

Grant Distribution by State

9states

Share of 2024 grant dollars across all 15 itemized grants.

Cities

West Palm BeachPalm BeachNewlandPalm SpringsMiamiRiviera BeachBay ShoreBoca RatonBostonBronxChicagoFranklinHoustonKatyLake WorthLantanaQueensTampaTucsonWarren

Is The Evelyn V McPherson Foundation Inc open to new grantees?

53%

first-time grantees, 2024

In 2024, 8 of 15 grantees (53%) were first-time recipients. With only 15 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $20K; repeat grants $2K. How we count

Medians: $3K first-time, $384 repeat.

  • 33% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (−3%). Method
  • In 2024 it paid out 76% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF 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

$0$100K$200K$300K14 grants2020 12 grants2021 7 grants2022 12 grants2023 15 grants2024

From 2020 to 2024, annual grant giving ranged from $76K (2023) to $204K (2020). In 2024 it made 15 grants totaling $175K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Chamber Music Society of Palm Beach Palm Beach, FLunrestricted donations$128,334
Regina High School Warren, MIunrestricted donations$18,600
Ronald McDonald House of South Florida Miami, FLunrestricted donations$10,000
Christ Clinic Katy, TXunrestricted donations$5,000
Variety the Children's Charity Franklin, TNunrestricted donations$5,000
Pediatric Oncology Support Team West Palm Beach, FLunrestricted donations$3,950
Stand Down Palm Springs, FLunrestricted donations$500
Aid to Victims of Domestic Abuse Houston, TXunrestricted donations$500
Jewish Foundation of Palm Beach County West Palm Beach, FLunrestricted donations$500
Temple Emanu-El of Palm Beach Palm Beach, FLunrestricted donations$500
Your AI grants department

Ready to take the next step with The Evelyn V McPherson Foundation Inc?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$5,240,688$260,472$331,696$174,55815$198,267$127,043$262,239
2023$5,338,788$59,944$234,572$75,64612$100,369$55,765$266,343
2022$5,545,564$388,833$205,820$100,8007$114,404$290,817$267,725
2021$5,404,334$973,484$246,494$179,79012$197,139$924,129$249,821
2020$5,286,670$258,533$395,040$203,82214—$31,300$293,401

Under IRS private-foundation payout rules, The Evelyn V McPherson Foundation Inc reported a distributable amount of $262K for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation’s filing does not state a mission. Its 2024 grants went to organizations whose work, as described by the organizations themselves, included chamber music performances and education, services for families of children receiving healthcare, support for children facing illness or disadvantage, community medical care, and support for children and families affected by cancer. For example, the Chamber Music Society of Palm Beach describes its mission as producing performances and education programs, promoting appreciation of chamber music, and enhancing Palm Beach’s cultural life. These are grantee missions, not stated missions of the foundation.

Grantmaking

In 2024, the foundation reported 15 grants totaling $174,558. Grant amounts ranged from $100 to $128,334, with a median of $500.

Notable 2024 grants included $128,334 to the Chamber Music Society of Palm Beach, $18,600 to Regina High School, $10,000 to Ronald McDonald House of South Florida, $5,000 each to Christ Clinic and Variety the Children’s Charity, and $3,950 to Pediatric Oncology Support Team. The filing lists each grant’s purpose as unrestricted donations.

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation’s 2024 filing lists John J Raymond as president, R Keith Walton as treasurer, Connie McKenzie as secretary, and Beverlee Miller Raymond and Brenda McAdams as directors.

The Evelyn V McPherson Foundation Inc is led by John J Raymond, President on every filing since 2020; none of the 5 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • John J Raymond

    President

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Beverlee Miller Raymond

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Brenda McAdams

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Connie McKenzie

    Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

  • R Keith Walton

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

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 The Evelyn V McPherson Foundation Inc

How much does The Evelyn V McPherson Foundation Inc give each year?

The Evelyn V McPherson Foundation Inc gave $175K across 15 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $76K across 12 grants.

What is The Evelyn V McPherson Foundation Inc's typical grant size?

The Evelyn V McPherson Foundation Inc's median grant in 2024 was $500, and its average grant was $11,637, across 15 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Evelyn V McPherson Foundation Inc that year got $20K on average.

Where does The Evelyn V McPherson Foundation Inc give grants?

The Evelyn V McPherson Foundation Inc gives mostly in Florida: 83% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Michigan (11%). The most frequent recipient cities were West Palm Beach, FL (4 grants) and Palm Beach, FL (3 grants).

Does The Evelyn V McPherson Foundation Inc give general operating support?

Yes: 100% of The Evelyn V McPherson Foundation Inc's 2024 grants with a stated purpose (15 of 15) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are The Evelyn V McPherson Foundation Inc's largest grantees?

The Evelyn V McPherson Foundation Inc's largest 2024 grantees include Chamber Music Society of Palm Beach ($128,334), Regina High School ($18,600) and Ronald McDonald House of South Florida ($10,000), according to its 2024 IRS Form 990-PF. Together they received 90% of its itemized 2024 grant dollars.

How large is The Evelyn V McPherson Foundation Inc?

The Evelyn V McPherson Foundation Inc reported $5.2M in total assets on its 2024 IRS Form 990-PF. It paid out $198K in qualifying distributions that year, against a required minimum of $262K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does The Evelyn V McPherson Foundation Inc fund?

The foundation’s filing does not state a mission. See mission & focus areas ↑

How do I apply for a grant from The Evelyn V McPherson Foundation Inc?

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Evelyn V McPherson Foundation Inc's EIN?

The Evelyn V McPherson Foundation Inc's EIN (Employer Identification Number) is 41-2061167. IRS Form 990 filing data is available on this page for 2020–2024.

Does The Evelyn V McPherson Foundation Inc accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS February 15, 2023)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 10, 2023)
  4. Added Form 990-PF for fiscal year 2023 (received by the IRS December 5, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 12, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Live grants for the work The Evelyn V McPherson Foundation Inc funds

Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.

Explore Open Grants

Browse active grant opportunities in The Evelyn V McPherson Foundation Inc's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

United Way of Palm Beach County Inc

West Palm Beach, FL

United Way of Palm Beach County funds nonprofit programs addressing education, mentoring, special needs, financial stability, health, hunger, housing, and homelessness in Palm Beach County. Its 2025 grants had a median of about $37,000, though amounts varied widely; the most recent described Community Impact cycle required eligible applicants to seek at least $50,000 and is closed. Applications were accepted through a competitive process, but the profile does not state whether unsolicited requests are accepted.

Philanthropy, Voluntarism & Grantmaking

Assets

$23.7M

Grants

80

Total Given

$7.2M

Community Foundation for Palm Beach and Martin Counties Inc

West Palm Beach, FL

The Foundation funds nonprofits serving Palm Beach and Martin Counties, or projects that directly benefit residents there, in areas including education and youth, economic opportunity, thriving communities, capacity building, and crisis preparation and response. Its FY25 competitive grants averaged about $37,000, with a median of $30,000; awards ranged from $5,397 to $1.1 million. It accepts year-round requests starting with a Letter of Inquiry, and may invite selected applicants to submit a full proposal.

Philanthropy, Voluntarism & Grantmaking

Assets

$293.4M

Grants

421

Total Given

$26.5M

Quantum Foundation Inc

West Palm Beach, FL

Quantum Foundation funds community-health initiatives in Palm Beach County, including efforts that improve access to health resources, address basic needs, and strengthen healthy communities. Its typical grant is about $10,000 by median; Regular Grants are generally over $25,000, while Quantum in the Community grants are $25,000 or less. It accepts unsolicited requests through an online letter of inquiry.

Assets

$171.2M

Grants

233

Total Given

$5.8M

Enterprise Holdings Foundation

Saint Louis, MO

The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.

Assets

$594.3M

Grants

1

Total Given

$101.4M

Lost Tree Village Charitable Foundation

North Palm Beach, FL

The Lost Tree Village Charitable Foundation funds health, hunger, homelessness, and education projects, especially capital needs benefiting children and families, people with special needs, and seniors. It focuses on Palm Beach and southern Martin Counties; listed awards range from $5,000 to $100,000, with a 2025 median of $50,000, though larger grants are reported. It encourages applications from local 501(c)(3) organizations.

Assets

$15.2M

Grants

66

Total Given

$10.0M

Mutual of America Foundation

New York, NY

Philanthropy, Voluntarism & Grantmaking

Assets

$136K

Grants

539

Total Given

$839K

More similar funders

More Funders in Florida

Cite this profile

Grantable. (2026). The Evelyn V McPherson Foundation Inc funder profile. GrantGraph. Retrieved October 23, 2026, from https://grantable.co/funders/the-evelyn-v-mcpherson-foundation-inc-morg_3961efbcf5ef42b0bcb76c7466398206

BibTeX
@misc{grantable_412061167_2026,
  author       = {{Grantable}},
  title        = {{The Evelyn V McPherson Foundation Inc funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/the-evelyn-v-mcpherson-foundation-inc-morg_3961efbcf5ef42b0bcb76c7466398206},
  note         = {Accessed 2026-10-23. 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 The Evelyn V McPherson 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.

The Evelyn V McPherson Foundation Inc down — hundreds of funders to go?

Want AI to do this for you?