R T Jones Memorial Community Foundation Inc
- Assets
- $266.2k
- Revenue
- $23.7k
- Investments
- $268.4k
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 06/1949
- Data as of
- 12/2023
- EIN
- 58-6038577
Organization Overview
R T Jones Memorial Community Foundation Inc is located in Atlanta, GA. The organization was established in 1949. According to its NTEE Classification (T31) the organization is classified as: Community 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. R T Jones Memorial Community 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 12/2023, R T Jones Memorial Community Foundation Inc generated $23.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $26.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, R T Jones Memorial Community Foundation Inc has awarded 45 individual grants totaling $145,500. 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 |
|---|---|---|---|
Louis L Jones III Chairman | 0 | $0 | |
James L Spears CFO | 0 | $0 | |
Mary Helen Jones Bryant Trustee | 0 | $0 | |
Leah Jones O'brien Trustee | 0 | $0 | |
Frank H Jones Jr Trustee | 0 | $0 | |
Marie Jones Wilson Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8 |
| Dividends & Interest | $7,099 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $16,620 |
| Capital Gain Net Income | $16,620 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $23,727 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $61 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $6,744 |
| Contributions, gifts, grants paid | $19,500 |
| Total expenses and disbursements | $26,244 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$2,172 |
| 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 | $266,228 |
| 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, R T Jones Memorial Community Foundation Inc has awarded $19,500 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ATLANTA AREA BOY SCOUTS PURPOSE: GENERAL SUPPORT | $2,500 |
CHEROKEE CHRISTIAN SCHOOLS PURPOSE: GENERAL SUPPORT | $2,000 |
CHEROKEE CO HISTORICAL SOCIETY PURPOSE: GENERAL SUPPORT | $6,000 |
FIRST BAPTIST CHURCH OF CANTON PURPOSE: GENERAL SUPPORT | $2,000 |
FIRST METHODIST CHURCH OF CANTON PURPOSE: GENERAL SUPPORT | $2,000 |
RT JONES MEMORIAL LIBRARY PURPOSE: GENERAL SUPPORT | $2,000 |