WW and Eloise D Gay Foundation

Private foundation · Grantmaker Jacksonville, FL EIN: 31-1724609

The WW and Eloise D Gay Foundation is a private foundation based in Jacksonville, Florida. Its 2024 filing states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

Key facts about WW and Eloise D Gay Foundation

In short: WW and Eloise D Gay Foundation gave $163K across 16 grants in 2024 (avg $10K), mostly in Florida. Source: 2024 IRS Form 990-PF.

EIN
31-1724609
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$163,000
Grants made (2024)
16
Average grant
$10,188
Median grant
$5,000
Total assets
$1,306,223
Primary geography
Florida (100% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation does not accept unsolicited requests for funds and contributes only to preselected charitable organizations. Full details ↓

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

$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.

How WW and Eloise D Gay Foundation gives

  • 81% of 2024 grantees were also funded in 2023. Method
  • Giving fell 28% from 2021 to 2024. Method
  • In 2024 it paid out 200% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (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

No foundation mission is stated in the available information. Its grants include support for organizations working in areas such as youth education and sports, services for older adults, health, and community assistance. For example, Reeling for Kids describes its mission as promoting awareness of and raising funds for youth education and sports programs. Seniors on a Mission says it exists to honor, love, and encourage independent older adults to live purposeful lives. These are the grantees’ descriptions of their own missions.

Grantmaking

In 2024, the foundation reported 16 grants totaling $163,000. Grant amounts ranged from $1,000 to $70,000, with a median of $5,000. Among the listed awards were $70,000 to Riverside Cornerstone Campaign, $25,000 to Reeling for Kids, $20,000 to Mayo Clinic, and $10,000 to Vision Is Priceless. Other listed recipients included Seniors on a Mission and City Rescue Mission ($5,000 each), and Community Hospice and Mercy Ships ($3,000 each).

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Geographic Focus

Where this funder awards grants

All grant dollars reported for 2024 went to recipients in Florida. Listed recipients include organizations in Jacksonville and other Florida communities.

Grant Distribution by State

5states

Share of 2024 grant dollars across all 16 itemized grants.

Cities

JacksonvilleAtlantaMelroseAugustaFernandina BeachGarden ValleyPonte Vedra BeachAddisonMacclennyOrange ParkPeoriaYuleeAtlantic BeachGainesvilleHersheyJacksonvillOcalaToccoa Falls

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K45 grants2019 37 grants2020 28 grants2021 1 grant2022 27 grants2023 16 grants2024

From 2019 to 2024, annual grant giving ranged from $25K (2022) to $356K (2019). In 2024 it made 16 grants totaling $163K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Riverside Cornerstone Campaign: $70KRiverside Cornerstone Campaign$70KReeling for Kids: $25KReeling for Kids$25KMayo Clinic: $20KMayo Clinic$20KVision Is Priceless: $10KVision Is Priceless$10KSeniors on a Mission: $5KSeniors on a Mission$5KCity Rescue Mission: $5KCity Rescue Mission$5KJacsonville Young Life: $5KJacsonville Young Life$5KJunior Achievement of nor: $5KJunior Achievement of nor$5KSalvation Army: $5KSalvation Army$5KCommunity Hospice: $3KCommunity Hospice$3K

The largest 2024 recipient was Riverside Cornerstone Campaign ($70K). Together the top 10 received $153K.

Grant Size Distribution

109 grants across all recorded years

107<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 107 grants of 109 (98%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Riverside Cornerstone Campaign Jacksonville, FLUnrestricted-Charity$70,000
Reeling for Kids Gainesville, FLUnrestricted - Charity$25,000
Mayo Clinic Jacksonville, FLUnrestricted - Charity$20,000
Vision Is Priceless Jacksonville, FLUnrestricted - Charity$10,000
Seniors on a Mission Jacksonville, FLUnrestricted - Charity$5,000
City Rescue Mission Jacksonville, FLUnrestricted - Charity$5,000
Jacsonville Young Life Jacksonville, FLUnrestricted - Charity$5,000
Junior Achievement of nor Jacksonville, FLUnrestricted - Charity$5,000
Salvation Army Jacksonville, FLUnrestricted - Charity$5,000
Community Hospice Jacksonville, FLUnrestricted - Charity$3,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2024 $1,306,223 $268,387 $166,930 $163,000 (16 grants)
2023 $1,204,766 $71,272 $171,803 $169,000 (27 grants)
2022 $1,305,297 $80,968 $28,995 $25,000 (1 grant)
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2019 2020 2021 2022 2023 2024
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

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2019–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Paul V Jones Jr and Kathleen H Cold as trustees.

WW and Eloise D Gay Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Kathleen H. Cold

    Trustee

    On filings since 2019

    No compensation reported

  • Paul V. Jones Jr.

    Trustee

    On filings since 2019

    No compensation reported

Former officers (1)
  • Former: Ww Gay (2019) — Trustee

Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Application contact: Paul Jones Co Ww Gay Contr
Mailing address: 524 Stockton St, Jacksonville, FL 32204
Phone: (904) 474-5600

Frequently asked questions about WW and Eloise D Gay Foundation

How much does WW and Eloise D Gay Foundation give each year?

WW and Eloise D Gay Foundation gave $163K across 16 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $169K across 27 grants.

What is WW and Eloise D Gay Foundation's typical grant size?

WW and Eloise D Gay Foundation's median grant in 2024 was $5,000, and its average grant was $10,188, across 16 grants on its 2024 IRS Form 990-PF.

Where does WW and Eloise D Gay Foundation give grants?

WW and Eloise D Gay Foundation gives mostly in Florida: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Jacksonville, FL (15 grants).

Does WW and Eloise D Gay Foundation give general operating support?

Yes: 100% of WW and Eloise D Gay Foundation's 2024 grants with a stated purpose (16 of 16) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are WW and Eloise D Gay Foundation's largest grantees?

WW and Eloise D Gay Foundation's largest 2024 grantees include Riverside Cornerstone Campaign ($70,000), Reeling for Kids ($25,000) and Mayo Clinic ($20,000), according to its 2024 IRS Form 990-PF. Together they received 71% of its itemized 2024 grant dollars.

How large is WW and Eloise D Gay Foundation?

WW and Eloise D Gay Foundation reported $1.3M in total assets on its 2024 IRS Form 990-PF. It paid out $163K in qualifying distributions that year, against a required minimum of $81K (roughly 5% of its investment assets).

What does WW and Eloise D Gay Foundation fund?

No foundation mission is stated in the available information. Its grants include support for organizations working in areas such as youth education and sports, services for older adults, health, and community assistance. See mission & focus areas ↑

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

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

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.

Does WW and Eloise D Gay Foundation accept unsolicited proposals?

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

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

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