Lee S Jones Educational Trust
- Assets
- $815.7k
- Revenue
- $10.2k
- Investments
- $155.4k
- Employees
- 0
- Location
- Eddyville, KY
- Founding
- 11/1988
- Data as of
- 12/2022
- EIN
- 61-6158486
Organization Overview
Lee S Jones Educational Trust is located in Eddyville, KY. The organization was established in 1988. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lee S Jones Educational Trust 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 12/2022, Lee S Jones Educational Trust generated $10.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (26.8%) each year. All expenses for the organization totaled $44.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Lee S Jones Educational Trust has awarded 273 individual grants totaling $383,291. 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 |
|---|---|---|---|
Quin Sutton Scholarship Selection | 0.5 | $0 | |
Allen Wilson Scholarship Selection | 0.5 | $0 | |
Laura Wilson Scholarship Selection | 0.5 | $0 | |
Carrie Wiggins-Ovey Scholarship Selection | 0.5 | $0 | |
Russ Tilford Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $725 |
| Interest on Savings | $1,771 |
| Dividends & Interest | $7,678 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,174 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $320 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $479 |
| Total operating and administrative expenses | $5,009 |
| Contributions, gifts, grants paid | $39,050 |
| Total expenses and disbursements | $44,059 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $282,121 |
| Savings and temporary cash investments | $327,804 |
| 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 | $185 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $155,427 |
| Net Land, buildings, and equipment | $50,125 |
| Other assets | $0 |
| Total assets | $815,662 |
| 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, Lee S Jones Educational Trust has awarded $39,050 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
CADENCE PERALTA PURPOSE: ACADEMIC SCHOLARSHIP | $1,400 |
TODD HUDDLESTON PURPOSE: ACADEMIC SCHOLARSHIP | $1,300 |
NICHOLAS WHALIN PURPOSE: ACADEMIC SCHOLARSHIP | $1,200 |
SAMANTHA HOOPER PURPOSE: ACADEMIC SCHOLARSHIP | $1,650 |
BAILEY GUESS PURPOSE: ACADEMIC SCHOLARSHIP | $1,100 |
TAYLYN SUTTON PURPOSE: ACADEMIC SCHOLARSHIP | $1,300 |