B C Jones Trust
- Assets
- $293.1k
- Revenue
- $9.9k
- Investments
- $285.3k
- Employees
- 0
- Location
- Wellsboro, PA
- Founding
- 05/1998
- Data as of
- 12/2022
- EIN
- 23-7960049
Organization Overview
B C Jones Trust is located in Wellsboro, PA. The organization was established in 1998. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. B C Jones Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, B C Jones Trust generated $9.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $57.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, B C Jones Trust has awarded 78 individual grants totaling $309,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE FOUNDATION IS TO PROVIDE GRANT FUNDS TO ENHANCE SPECIFIC CHARITABLE CAPITAL PROJECTS IN PA & FL THAT BENEFIT MEDICAL, SOCIAL OR RELIGIOUS INSTITUTIONS. TEN CHARITABLE ORGANIZTIONS BENEFITED DURING 2020
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas M Owlett Trustee | 1 | $0 | |
Louise W Jones Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $9,932 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $33,010 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $9,932 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $907 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $13,596 |
| Contributions, gifts, grants paid | $44,000 |
| Total expenses and disbursements | $57,596 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,773 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $20,144 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $293,097 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, B C Jones Trust has awarded $44,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
BREVARD ALZHEIMER'S FOUNDATION PURPOSE: FUNDING TO SUPPORT RESEARCHCONDUCTED BY THE FOUNDATION | $4,500 |
FIRST UNITED METHODIST CHURCH PURPOSE: FUNDING TO SUPPORT THE CHURCHWITH THEIR VAIOUS PHYSICALREQUIREMENTS | $5,000 |
FRIENDS OF SERENE HARBOR INC PURPOSE: FUNDING TO SUPPORTTHE WOMEN'S SHELTER | $5,000 |
SUSQUEHANNA HEALTH FOUNDATION PURPOSE: HOSPICE CARE | $4,000 |
HOPE ENTERPRISES INC PURPOSE: FUTHERING THE WORK OFTHE ORGANIZATION IN THEIRVARIOUS PROGRAMS | $4,500 |
GEISINGER FOUNDATION PURPOSE: FUNDING TO SUPPORT THECHILDREN'S MIRCALENETWORK | $4,500 |