William And Myrtle Jones Foundation
- Assets
- $939.2k
- Revenue
- $325.5k
- Investments
- $426.0k
- Employees
- 0
- Location
- Souderton, PA
- Founding
- 06/2014
- Data as of
- 12/2021
- EIN
- 46-3818506
Organization Overview
William And Myrtle Jones Foundation is located in Souderton, PA. The organization was established in 2014. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations 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. William And Myrtle 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, William And Myrtle Jones Foundation generated $325.5k 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 (7.2%) each year.
Since 2016, William And Myrtle Jones Foundation has awarded 22 individual grants totaling $205,600. 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 |
|---|---|---|---|
William R Jones President | 3 | $0 | |
Myrtle E Jones Secretary | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $310,000 |
| Interest on Savings | $1 |
| Dividends & Interest | $7,336 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,165 |
| Capital Gain Net Income | $8,165 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $325,502 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $83 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,201 |
| Total operating and administrative expenses | $4,284 |
| Contributions, gifts, grants paid | $26,000 |
| Total expenses and disbursements | $30,284 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $513,262 |
| 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 | $425,969 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $939,231 |
| 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, William And Myrtle Jones Foundation has awarded $120,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
WESTMINSTER SEMINARY PURPOSE: TO SUPPORT WESTMINSTER THEOLOGICAL SEMINARY MISSION TO TRAIN SPECIALISTS IN THE BIBLE TO PROCLAIM THE WHOLE COUNSEL OF GOD FOR CHRIST AND HIS GLOBAL CHURCH. | $20,000 |
Langhorne, PA PURPOSE: TO SUPPORT CAIRN UNIVERSITY'S MISSION TO EDUCATE STUDENTS TO SERVE CHRIST IN THE CHURCH, SOCIETY, AND THE WORLD AS BIBLICALLY MINDED, WELL-EDUCATED, AND PROFESSIONALLY COMPETENT MEN AND WOMEN OF CHARACTER. | $20,000 |
Langhorne, PA PURPOSE: TO SUPPORT CAIRN UNIVERSITY'S MISSION TO EDUCATE STUDENTS TO SERVE CHRIST IN THE CHURCH, SOCIETY, AND THE WORLD AS BIBLICALLY MINDED, WELL-EDUCATED, AND PROFESSIONALLY COMPETENT MEN AND WOMEN OF CHARACTER. | $20,000 |
WESTMINSTER SEMINARY PURPOSE: TO SUPPORT WESTMINSTER THEOLOGICAL SEMINARY MISSION TO TRAIN SPECIALISTS IN THE BIBLE TO PROCLAIM THE WHOLE COUNSEL OF GOD FOR CHRIST AND HIS GLOBAL CHURCH. | $20,000 |
MISSIO SEMINARY PURPOSE: TO SUPPORT THE MISSIONAL MOTIVATION FOR MISSIO IS SUMMARIZED BY OUR PHRASE "FOLLOWING JESUS INTO THE WORLD." WE BELIEVE THAT GOD IS AT WORK BUILDING HIS CHURCH AROUND THE WORLD FROM RURAL COUNTRY TOWNS, TO BUSTLING URBAN CITIES, TO POVERTY-STRICKEN NATIONS, AND EVERYWHERE IN BETWEEN. WHEN YOU STUDY AT MISSIO SEMINARY YOU ARE MORE THAN JUST A STUDENT, YOUR STORY BECOMES OUR STORY AND TOGETHER WE JOIN GOD'S GREAT STORY OF REDEEMING THE WORLD TO HIMSELF IN CHRIST. | $20,000 |
MISSIO SEMINARY PURPOSE: TO SUPPORT THE MISSIONAL MOTIVATION FOR MISSIO IS SUMMARIZED BY OUR PHRASE "FOLLOWING JESUS INTO THE WORLD." WE BELIEVE THAT GOD IS AT WORK BUILDING HIS CHURCH AROUND THE WORLD FROM RURAL COUNTRY TOWNS, TO BUSTLING URBAN CITIES, TO POVERTY-STRICKEN NATIONS, AND EVERYWHERE IN BETWEEN. WHEN YOU STUDY AT MISSIO SEMINARY YOU ARE MORE THAN JUST A STUDENT, YOUR STORY BECOMES OUR STORY AND TOGETHER WE JOIN GOD'S GREAT STORY OF REDEEMING THE WORLD TO HIMSELF IN CHRIST. | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Joint Council For Economic Opportunity Of Clinton & Franklin Plattsburgh, NY | $5,357,972 | $10,698,049 |
Health Management Group Ltd Getzville, NY | $13,266,135 | $8,802,636 |
Roy Lichtenstein Foundation New York, NY | $85,182,586 | $2,378,185 |
Legacy Ministries International Miamisburg, OH | $19,772,122 | $9,496,870 |
Hampton Classic Horse Show Inc Bridgehampton, NY | $1,702,497 | $4,948,481 |
Peggy Mcgrath Rockefeller Foundation New York, NY | $16,278,993 | $1,905,197 |
Rosenkranz Foundation Inc New York, NY | $20,933,111 | $6,809,267 |
Llewellyn Family Foundation New York, NY | $59,134,047 | $5,278,479 |
Multiplying Good Inc New York, NY | $3,981,550 | $5,192,295 |
Otzar Hachesed Foundation Trust Lawrence, NY | $1,994 | $3,213,357 |
Resource Generation New York, NY | $3,097,699 | $3,226,740 |
Ahrc New York City Foundation Inc New York, NY | $37,872,404 | $3,668,368 |