Pete And Jenny Jones Foundation
- Assets
- $181.6k
- Revenue
- $91.4k
- Investments
- $141.8k
- Employees
- 0
- Location
- Park City, UT
- Founding
- 01/2008
- Data as of
- 12/2021
- EIN
- 26-0703572
Organization Overview
Pete And Jenny Jones Foundation is located in Park City, UT. The organization was established in 2008. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Pete And Jenny Jones Foundation 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 12/2021, Pete And Jenny Jones Foundation generated $91.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 37.6% each year . All expenses for the organization totaled $78.8k during the year ending 12/2021. While expenses have increased by 10.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Pete And Jenny Jones Foundation has awarded 92 individual grants totaling $510,345. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eugene G Jones Director | 2 | $0 | |
Jenny Lee Jones Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $52,027 |
| Interest on Savings | $2 |
| Dividends & Interest | $3,085 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $36,326 |
| Capital Gain Net Income | $36,326 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $91,440 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $117 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,873 |
| Total operating and administrative expenses | $3,990 |
| Contributions, gifts, grants paid | $74,760 |
| Total expenses and disbursements | $78,750 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,858 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $181,610 |
| 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, Pete And Jenny Jones Foundation has awarded $74,760 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
YOUNG LIFE PURPOSE: TO CARRY OUT THE RECIPIENT ORGANIZATION'S MISSION | $46,410 |
MEDAIR USA PURPOSE: TO CARRY OUT THE RECIPIENT ORGANIZATION'S MISSION | $15,000 |
Waco, TX PURPOSE: TO CARRY OUT THE RECIPIENT ORGANIZATION'S MISSION | $4,500 |
ALLEGRO PURPOSE: TO CARRY OUT THE RECIPIENT ORGANIZATION'S MISSION | $3,750 |
INTERVARSITY CHRISTIAN PURPOSE: TO CARRY OUT THE RECIPIENT ORGANIZATION'S MISSION | $1,650 |
THE SHINING STARS SCHOOL PURPOSE: TO CARRY OUT THE RECIPIENT ORGANIZATION'S MISSION | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greg Carr Foundation Inc Idaho Falls, ID | $40,032,587 | $6,894,106 |
Moreno Family Foundation Phoenix, AZ | $117,327,204 | $12,846,787 |
The Dixie And Anne Leavitt Foundation Cedar City, UT | $52,405,557 | $11,398,374 |
Py Foundation Artesia, NM | $56,655,367 | $3,921,217 |
The Cielo Foundation Boulder, CO | $91,518,762 | $7,665,188 |
Merle Chambers Fund Denver, CO | $66,462,880 | $7,349,081 |
Gods Light In The Darkness Foundation Carlbad, NM | $31,530,012 | $790,978 |
Scott W And Betsy D Thornton Family Foundation Park City, UT | $4,627,448 | $2,183,609 |
Eugene V And Clare Thaw Charitable Trust Santa Fe, NM | $97,006,761 | $1,880,279 |
Maffei Foundation Denver, CO | $13,828,182 | $18,020,171 |
The Forsberg Charitable Foundation Scottsdale, AZ | $0 | $451,521 |
The Denver Health And Hospitals Foundation Denver, CO | $28,533,635 | $6,042,640 |