Jones Family Charitable Foundation Inc
- Assets
- $856.0k
- Revenue
- $18.7k
- Investments
- $812.1k
- Employees
- 0
- Location
- Glenmoore, PA
- Founding
- 08/2011
- Data as of
- 11/2023
- EIN
- 26-1632024
Organization Overview
Jones Family Charitable Foundation Inc is located in Glenmoore, PA. The organization was established in 2011. 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. Jones Family Charitable Foundation Inc 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 11/2023, Jones Family Charitable Foundation Inc generated $18.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (46.5%) each year. All expenses for the organization totaled $120.8k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Jones Family Charitable Foundation Inc has awarded 35 individual grants totaling $356,452. 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 |
|---|---|---|---|
Keith W Jones Board Member | 0 | $0 | |
Christa B Jones Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5 |
| Dividends & Interest | $17,174 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,565 |
| Capital Gain Net Income | $10,106 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $18,744 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $202 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $4,897 |
| Printing and publications | $0 |
| Other expenses | $7,502 |
| Total operating and administrative expenses | $14,601 |
| Contributions, gifts, grants paid | $106,225 |
| Total expenses and disbursements | $120,826 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,848 |
| 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 | $855,968 |
| 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 Charitable Foundation Inc has awarded $106,225 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
THE CAMPANILE FOUNDATION PURPOSE: GRNERAL FUND | $40,000 |
TURNING POINT CAROLINA PURPOSE: GENERAL FUND | $2,000 |
THE HANK POORE FOUNDATION PURPOSE: GENERAL FUND | $1,000 |
UNIVERSITY OF ALABAMA PURPOSE: GENERAL FUND | $50,000 |
TEXAS CHRISTIAN UNIVERSITY PURPOSE: GENERAL FUND | $10,000 |
ALZHEIMERS ASSOCIATION PURPOSE: GENRAL FUND | $225 |