The Howard And Georgeanna Jones Fndtn For Reproductive Medicine
- Assets
- $1.7m
- Revenue
- $306.0k
- Investments
- $379.8k
- Employees
- 1
- Location
- Virginia Beach, VA
- Founding
- 12/1987
- Data as of
- 06/2023
- 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 06/2023, Howard And Georgeanna Jones Fndtn For Reproductive Medicine generated $306.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $259.5k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (7.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Howard And Georgeanna Jones Fndtn For Reproductive Medicine has awarded 19 individual grants totaling $1,135,612. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
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 |
|---|---|---|---|
Robert Wood Jones Chairman | OfficerTrustee | 1 | $0 |
Robert J Kheel Vice Chairman | OfficerTrustee | 1 | $0 |
Mary F Davies President | OfficerTrustee | 40 | $80,000 |
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 | $264,319 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $264,319 |
| Total Program Service Revenue | $0 |
| Investment income | $48,478 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$6,837 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $305,960 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $95,600 |
| 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. | $89,395 |
| Compensation of current officers, directors, key employees. | $17,879 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,120 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,448 |
| Fees for services: Accounting | $13,860 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,393 |
| Advertising and promotion | $0 |
| Office expenses | $7,156 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,772 |
| Travel | $0 |
| 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 | $5,039 |
| All other expenses | $29,386 |
| Total functional expenses | $259,546 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,711 |
| 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 | $5,046 |
| Net Land, buildings, and equipment | $195 |
| Investments—publicly traded securities | $1,297,702 |
| Investments—other securities | $379,796 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,699,450 |
| Accounts payable and accrued expenses | $3,250 |
| 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 | $3,250 |
| Net assets without donor restrictions | $658,771 |
| Net assets with donor restrictions | $1,037,429 |
| 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 | $1,699,450 |
Grants Awarded
Over the last fiscal year, The Howard And Georgeanna Jones Fndtn For Reproductive Medicine has awarded $95,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SUSAN L CROCKIN GEORGETOWN UNIVERSITY PURPOSE: JONES ROUNDS ETHICS BASED CURRICULUM | $70,000 |
NATIONAL ACADEMY OF SCIENCES PURPOSE: IN VIRTRO EDUCATIONAL WORKSHOP SEMINAR | $25,000 |