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.

Key facts about The Evelyn V McPherson Foundation Inc

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.

EIN
41-2061167
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$174,558
Grants made (2024)
15
Average grant
$11,637
Median grant
$500
New grantees (estimate)
53% first-time grantees (8 of 15, 2024)
Total assets
$5,240,688
Primary geography
Florida (83% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.2M

-1.8% YoY

Annual Giving

$175K

+130.8% YoY

Grant Count

15

+25.0% YoY

Avg Grant Size

$12K

+84.6% YoY

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.

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. 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.

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.

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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

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.

Grant Insights

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%).

Giving History

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

Financial History

Multi-year comparison from IRS filings

Filing year Grant total Number of grants
2024 $174,558 15
2022 $100,800 7
2021 $179,790 12
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$5,240,688$5,338,788$5,545,564
Revenue$260,472$59,944$388,833
Expenses$331,696$234,572$205,820
Qualifying Distributions$198,267$100,369$114,404
Net Investment Income$127,043$55,765$290,817
Distributable Amount$262,239$266,343$267,725

Data update history

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

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.

Contact

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

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.

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