Jones Family Fund
- Assets
- $15.4m
- Revenue
- $463.4k
- Investments
- $10.4m
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 03/2008
- Data as of
- 12/2023
- EIN
- 26-0426186
Organization Overview
Jones Family Fund is located in Birmingham, AL. The organization was established in 2008. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Jones Family Fund 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 12/2023, Jones Family Fund generated $463.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $867.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Jones Family Fund has awarded 556 individual grants totaling $4,377,849. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
D Paul Jones Jr President | 2 | $0 | |
D Paul Jones Jr Secretary, Treasurer | 1 | $0 | |
Allison J Holt Vice President | 0.5 | $0 | |
Holly J Terrell Vice President | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $11,317 |
| Dividends & Interest | $693,518 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$407,574 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $166,095 |
| Total Revenue | $463,356 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $100,448 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $260,802 |
| Total operating and administrative expenses | $371,707 |
| Contributions, gifts, grants paid | $495,600 |
| Total expenses and disbursements | $867,307 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,023,759 |
| 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 | $10,386,505 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $14,712 |
| Total assets | $15,424,976 |
| 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, Jones Family Fund has awarded $495,600 in support to 84 organizations.
| Grant Recipient | Amount |
|---|---|
ALABAMA ALLIANCE PURPOSE: FOR SUPPORT OF SOCIAL-ORIENTED POLICIES | $5,000 |
ALABAMA BALLET PURPOSE: FOR PERFORMING ARTS | $10,000 |
ALABAMA BAPTIST CHILDRENS HOME PURPOSE: TO PROTECT, NURTURE, AND RESTORE CHILDREN AND FAMILIES THROUGH CHRIST-CENTERED SERVICECS | $5,000 |
ALABAMA SYMPHONY PURPOSE: FOR PERFORMING ARTS | $10,000 |
ALTAMONT SCHOOL PURPOSE: FOR EDUCATION | $1,000 |
ALABAMA WALDORF PURPOSE: FOR EDUCATION | $5,000 |