The Howard And Georgeanna Jones Fndtn For Reproductive Medicine
- Assets
- $1.7m
- Revenue
- $232.5k
- Investments
- $381.4k
- Employees
- 1
- Location
- Virginia Beach, VA
- Founding
- 12/1987
- Data as of
- 06/2022
- EIN
- 54-1265842
Organization Overview
The Howard And Georgeanna Jones Fndtn For Reproductive Medicine is located in Virginia Beach, VA. The organization was established in 1987. 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. Howard And Georgeanna Jones Fndtn For Reproductive Medicine 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 06/2022, Howard And Georgeanna Jones Fndtn For Reproductive Medicine generated $232.5k 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 (4.6%) each year. All expenses for the organization totaled $257.4k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (8.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE HOWARD AND GEORGEANNA JONES FOUNDATION FOR REPRODUCTIVE MEDICINE IS A NOT-FOR-PROFIT ORGANIZATION WHICH SOLICITS FUNDS FROM THE GENERAL PUBLIC TO SUPPORT SCIENTIFIC AND MEDICAL RESEARCH IN THE FIELD OF REPRODUCTIVE MEDICINE. IN ADDITION TO PROVIDING RESEARCH GRANTS TO DESERVING SCIENTIFIC INVESTIGATORS, THE FOUNDATION'S BOARD OF DIRECTORS IS PREPARED TO SERVE IN AN ADVISORY CAPACITY TO THE AGENCIES IT SUPPORTS. THE FOUNDATION MAY ALSO SPONSOR SEMINARS WHICH WOULD BE DESIGNED TO EVALUATE PUBLIC POLICY ISSUES RELATED TO REPRODUCTIVE MEDICINE IN ORDER TO EDUCATE THE GENERAL PUBLIC AND ATTEMPT TO IMPROVE THE HUMAN CONDITION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH FUNDING ALLOCATED TO VARIOUS UNIVERSITIES AND MEDICAL SCHOOLS WITHIN THE UNITED STATES OF AMERICA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary F Davies President | OfficerTrustee | 40 | $90,000 |
Robert Wood Jones Chairman | OfficerTrustee | 1 | $0 |
Robert J Kheel Vice Chairman | OfficerTrustee | 1 | $0 |
Dr Georgeanna Klingensmith Secretary | OfficerTrustee | 1 | $0 |
David H Brockway Treasurer | OfficerTrustee | 1 | $0 |
Dr Ari Babaknia Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $194,326 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $194,326 |
| Total Program Service Revenue | $0 |
| Investment income | $35,330 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,802 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $232,458 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $90,000 |
| Compensation of current officers, directors, key employees. | $18,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,259 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,885 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,813 |
| Fees for services: Accounting | $22,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $67,806 |
| Advertising and promotion | $0 |
| Office expenses | $16,837 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,680 |
| Travel | $2,477 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $377 |
| Insurance | $5,070 |
| All other expenses | $24,594 |
| Total functional expenses | $257,398 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,084 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $572 |
| Investments—publicly traded securities | $1,272,085 |
| Investments—other securities | $381,430 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,696,171 |
| Accounts payable and accrued expenses | $7,889 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,889 |
| Net assets without donor restrictions | $580,270 |
| Net assets with donor restrictions | $1,108,012 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,696,171 |
Grants Awarded
Over the last fiscal year, The Howard And Georgeanna Jones Fndtn For Reproductive Medicine has awarded $220,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
JON HENNEBOLD PHD OREGON HEALTH AND SCIENCE UNIVERSITY PURPOSE: ABBY AND HOWARD MILSTEIN INNOVATION AWARD IN REPRODUCTIVE MEDICINE | $100,000 |
Philadelphia, PA PURPOSE: YOUNG INVESTIGATORS ACHIEVEMENT AWARD IN REPRODUCTIVE MEDICINE RESEARCH | $60,000 |
Ann Arbor, MI PURPOSE: YOUNG INVESTIGATORS ACHIEVEMENT AWARD IN REPRODUCTIVE MEDICINE RESEARCH | $60,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that The Howard And Georgeanna Jones Fndtn For Reproductive Medicine has recieved totaling $11,676.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $11,618 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $58 |
Endowment Analysis
| Beg. Balance | $567,525 |
| Earnings | $4,480 |
| Net Contributions | $12,500 |
| Other Expense | $3,756 |
| Ending Balance | $580,749 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pyramid Peak Foundation Memphis, TN | $230,284,852 | $119,724,559 |
Diana Davis Spencer Foundation Bethesda, MD | $1,510,145,435 | $31,448,274 |
Davis Family Foundation Hanover, MD | $1,302,672,743 | $64,475,559 |
Bedford Falls Foundation C/O Joanne Barkett Conway Washington, DC | $61,666,880 | $84,617,094 |
The Rosser Foundation A Pure Charitable Trust And Public Charit Hampton, VA | $12,195,900 | $36,359,396 |
Poplar Foundation Memphis, TN | $149,801,224 | $18,419,294 |
Wallace Global Fund Ii Washington, DC | $136,169,792 | $23,961,855 |
John M Belk Endowment Charlotte, NC | $344,527,989 | $19,824,991 |
Plough Foundation Memphis, TN | $29,124,366 | $7,604,937 |
C D Spangler Foundation Inc Charlotte, NC | $547,764,463 | $34,692,558 |
De Beaumont Foundation Inc Bethesda, MD | $183,698,152 | $47,357,470 |
Haslam Family Foundation Inc Knoxville, TN | $7,594,271 | $428,205 |