Montfort Jones & Allie Brown Jones Foundation
- Assets
- $5.4m
- Revenue
- $233.4k
- Investments
- $2.6m
- Employees
- 0
- Location
- Bristow, OK
- Founding
- 03/1964
- Data as of
- 08/2023
- EIN
- 73-0721557
Organization Overview
Montfort Jones & Allie Brown Jones Foundation is located in Bristow, OK. The organization was established in 1964. 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. Montfort Jones & Allie Brown Jones Foundation 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 08/2023, Montfort Jones & Allie Brown Jones Foundation generated $233.4k 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 (9.0%) each year. All expenses for the organization totaled $254.1k during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Montfort Jones & Allie Brown Jones Foundation has awarded 38 individual grants totaling $1,215,357. 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 |
|---|---|---|---|
Colby Wissel Secretary | 2 | $2,400 | |
Mary Collins Vice Chairman | 5 | $2,400 | |
Stephanie Collins Chairman | 5 | $6,900 | |
Stan Earnhardt Treasurer | 5 | $12,150 | |
Roger Collins Vice Chairman | 5 | $16,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $144,410 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $88,979 |
| Capital Gain Net Income | $88,979 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $233,389 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $40,050 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,191 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $236 |
| Total operating and administrative expenses | $117,766 |
| Contributions, gifts, grants paid | $136,350 |
| Total expenses and disbursements | $254,116 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,862 |
| Savings and temporary cash investments | $87,955 |
| 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 | $2,703,462 |
| Total assets | $5,391,601 |
| Accounts payable and accrued expenses | $1,360 |
| 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 | $1,360 |
Grants Awarded
Over the last fiscal year, Montfort Jones & Allie Brown Jones Foundation has awarded $136,350 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF MISS PURPOSE: TO PROVIDE SCHOLARSHIPS(APPLY THRU SCHOOL) | $35,000 |
SOUTHERN METHODIST UNIV PURPOSE: TO PROVIDE SCHOLARSHIPS(APPLY THRU SCHOOL) | $35,000 |
BRISTOW HISTORICAL SOCIETY PURPOSE: RELOCATE CHRYSLER TOWER | $50,000 |
BRISTOW POLICE DEPARTMENT PURPOSE: FLOCK CAMERAS | $16,350 |