Ww and Eloise D Gay Foundation

JACKSONVILLE, FL EIN: 31-1724609

The WW and Eloise D Gay Foundation is a private foundation established in 2000 and based in Jacksonville, Florida. The foundation operates with no staff and focuses on providing unrestricted charitable support to nonprofit organizations in its community.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.3M

+8.4% YoY

Annual Giving

$163K

-3.6% YoY

Grant Count

16

-40.7% YoY

Avg Grant Size

$10K

+62.8% YoY

Under IRS private-foundation payout rules, Ww and Eloise D Gay Foundation reported a distributable amount of $81K for 2024 — the minimum it must pay out in qualifying distributions.

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

Grantmaking

The foundation makes unrestricted grants to charitable organizations. Recent grant activity includes:

Ready to take the next step with Ww and Eloise D Gay Foundation?

Geographic Focus

Where this funder awards grants

The foundation funds organizations in Jacksonville, Florida and the surrounding area.

Grant Distribution by State

5states

Cities

AddisonAtlantaAtlantic BeachAugustaFernandina BeachGainesvilleGarden ValleyHersheyJacksonvillJacksonvilleMacclennyMelroseOcalaOrange ParkPeoriaPonte Vedra BeachToccoa FallsYulee

Financial History

Multi-year comparison from IRS filings

As of December 31, 2024:

  • Total Assets: $1,306,223
  • Total Revenues: $268,387
  • Total Expenses: $166,930
  • Investment Income: $26,597
  • Net Gain from Sale of Non-Inventory Assets: $241,790

As of December 31, 2023:

  • Investment Income: $29,887
  • Net Gain from Sale of Non-Inventory Assets: $41,385

The foundation's revenue increased significantly year-over-year, primarily driven by gains from asset sales (484.2% increase from 2023 to 2024).

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$74K$148K$221K$295K201920202021202220232024
Metric202420232022
Total Assets$1,306,223$1,204,766$1,305,297
Revenue$268,387$71,272$80,968
Expenses$166,930$171,803$28,995
Qualifying Distributions$163,000$169,000$25,000
Net Investment Income$103,080$71,272$80,410
Distributable Amount$81,400$69,750$74,451

Giving Over Time

Total grant dollars and number of grants per year

$0$89K$178K$267K$356K45 grants201937 grants202028 grants20211 grants202227 grants202316 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

RIVERSIDE CORNERSTONE CA…$70KREELING FOR KIDS$25KMAYO CLINIC$20KVISION IS PRICELESS$10KSENIORS ON A MISSION$5KCITY RESCUE MISSION$5KJACSONVILLE YOUNG LIFE$5KJUNIOR ACHIEVEMENT OF NOR$5KSALVATION ARMY$5KCOMMUNITY HOSPICE$3K

Grant Size Distribution

109 grants across all recorded years

107<$50K2$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 include Riverside Cornerstone Campaign ($70,000), Reeling for Kids ($25,000), Mayo Clinic ($20,000).

RecipientPurposeAmount
DANIEL FOUNDATION JACKSONVILLE, FLUNRESTRICTED CHARITY$1,000
SENIORS ON A MISSION JACKSONVILLE, FLUNRESTRICTED - CHARITY$5,000
CITY RESCUE MISSION JACKSONVILLE, FLUNRESTRICTED - CHARITY$5,000
COMMUNITY HOSPICE JACKSONVILLE, FLUNRESTRICTED - CHARITY$3,000
FIRESIDE MINISTRIES AND I JACKSONVILLE, FLUNRESTRICTED - CHARITY$1,000
GATEWAY JACKSONVILLE, FLUNRESTRICTED - CHARITY$1,000
JACSONVILLE YOUNG LIFE JACKSONVILLE, FLUNRESTRICTED - CHARITY$5,000
JUNIOR ACHIEVEMENT OF NOR JACKSONVILLE, FLUNRESTRICTED - CHARITY$5,000
MAYO CLINIC JACKSONVILLE, FLUNRESTRICTED - CHARITY$20,000
MERCY SHIPS JACKSONVILLE, FLUNRESTRICTED - CHARITY$3,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
PAUL V JONES JRTRUSTEE
KATHLEEN H COLDTRUSTEE

Contact Information

Address: 524 Stockton Street, Jacksonville, FL 32204-2535

Phone: 904-394-7206

EIN: 31-1724609

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

How do I apply for a grant from Ww and Eloise D Gay Foundation?

The foundation makes unrestricted grants to charitable organizations. Recent grant activity includes: | Grantee | Amount | Year | |---------|--------|------| | Vision Is Priceless Council | $10,000 | 2024 | | Seniors on a Mission | $5,000 | 2024 | | The City Rescue Mission | $5,000 | 2024 | The foundation made multiple grants in 2024, with documented awards ranging from $5,000 to $10,000.

Where does Ww and Eloise D Gay Foundation make grants?

The foundation funds organizations in Jacksonville, Florida and the surrounding area.

What size grants does Ww and Eloise D Gay Foundation award?

In 2024, Ww and Eloise D Gay Foundation awarded 16 grants totaling $163K — an average of about $10K per grant, based on its IRS Form 990 filings.

How much is Ww and Eloise D Gay Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ww and Eloise D Gay Foundation reported a distributable amount of $81K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ww and Eloise D Gay Foundation's EIN?

Ww and Eloise D Gay Foundation's EIN (Employer Identification Number) is 31-1724609. IRS Form 990 filing data is available on this page for 2019–2024.

Explore Open Grants

Browse active grant opportunities in Ww and Eloise D Gay Foundation's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

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

What could you do with Ww and Eloise D Gay Foundation on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities

Go from researching Ww and Eloise D Gay Foundation to a real strategy.

Plan your approach