Jones Family Foundation
- Assets
- $260.7k
- Revenue
- $39.7k
- Investments
- $228.2k
- Employees
- 0
- Location
- Garden City, NY
- Founding
- 04/2008
- Data as of
- 12/2022
- EIN
- 26-1603933
Organization Overview
Jones Family Foundation is located in Garden City, NY. The organization was established in 2008. According to its NTEE Classification (T21) the organization is classified as: Corporate 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 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 12/2022, Jones Family Foundation generated $39.7k 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 (31.4%) each year. All expenses for the organization totaled $699.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Jones Family Foundation has awarded 82 individual grants totaling $6,965,783. 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 |
|---|---|---|---|
Richard H Jones Trustee | 1 | $0 | |
Patricia K Jones Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,397 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $33,701 |
| Capital Gain Net Income | $33,701 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$442 |
| Total Revenue | $39,656 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,303 |
| Contributions, gifts, grants paid | $696,381 |
| Total expenses and disbursements | $699,684 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $32,375 |
| Net Accounts receivable | $88 |
| 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 | $167,475 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $260,651 |
| 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 Foundation has awarded $696,381 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
DUKE UNIVERSITY PURPOSE: GENERAL SUPPORT | $250,000 |
FOOD FOR THE POOR PURPOSE: GENERAL SUPPORT | $213,874 |
MAYO CLINIC PURPOSE: GENERAL SUPPORT | $10,000 |
ST JOSEPH CATHOLIC CHURCH PURPOSE: GENERAL SUPPORT | $99,630 |
ST VINCENT'S HEALTHCARE FOUNDATION PURPOSE: GENERAL SUPPORT | $122,877 |