Terry & Frances Jones Family Foundation Inc
- Assets
- $661.8k
- Revenue
- $125.5k
- Investments
- $602.5k
- Employees
- 0
- Location
- Marco Island, FL
- Founding
- 02/2016
- Data as of
- 12/2022
- EIN
- 47-5606477
Organization Overview
Terry & Frances Jones Family Foundation Inc is located in Marco Island, FL. The organization was established in 2016. 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. Terry & Frances Jones Family 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.
Since 2017, Terry & Frances Jones Family Foundation Inc has awarded 80 individual grants totaling $155,798. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry Jones President | 2 | $0 | |
Frances Jones V-Pres | 2 | $0 | |
Ethan H Jones Director | 0.5 | $0 | |
Haley E Whicker Director | 0.5 | $0 | |
Amy E Fewell Director | 0.5 | $0 | |
Gillian C Waldo Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,334 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $1,392 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $14,174 |
| Total Revenue | $125,508 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,947 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,947 |
| Contributions, gifts, grants paid | $49,418 |
| Total expenses and disbursements | $53,365 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,330 |
| 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 | $661,814 |
| 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, Terry & Frances Jones Family Foundation Inc has awarded $49,418 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
MARION HS PURPOSE: EDUCATION | $898 |
LAPORTE YMCA PURPOSE: COMMUNITY | $10,000 |
LALUMIERE SCHOOL PURPOSE: EDUCATION | $10,000 |
ISLAND CC CHARITABLE FOUNDATION PURPOSE: NEEDYFAMILY AID | $500 |
GRAVEL LAKE ASSOCIATION PURPOSE: COMMUNITY | $150 |
NEW PRAIRIE LITTLE LEAGUE PURPOSE: EDUCATION | $7,000 |