W J Jones Family Foundation
- Assets
- $5.3m
- Revenue
- $1.0m
- Investments
- $5.3m
- Employees
- 0
- Location
- Oklahoma City, OK
- Founding
- 02/1988
- Data as of
- 12/2022
- EIN
- 73-1314764
Organization Overview
W J Jones Family Foundation is located in Oklahoma City, OK. The organization was established in 1988. 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. W J Jones Family 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 12/2022, W J Jones Family Foundation generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 69.8% each year . All expenses for the organization totaled $320.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, W J Jones Family Foundation has awarded 24 individual grants totaling $670,500. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIRECT CHARITABLE GRANTS. SEE PART XV FOR DETAILED GIFT INFORMATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jon Sawvell Trustee | 0 | $0 | |
Jerry Austin Trustee | 0 | $0 | |
Tami Spaulding Trustee | 0 | $0 | |
Patricia Carey Trustee | 0 | $0 | |
Brian Mitchell Trustee | 0 | $0 | |
Amanda Swain Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $580 |
| Dividends & Interest | $148,162 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $893,182 |
| Capital Gain Net Income | $893,182 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,041,924 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,210 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,400 |
| Printing and publications | $0 |
| Other expenses | $1,748 |
| Total operating and administrative expenses | $116,972 |
| Contributions, gifts, grants paid | $203,000 |
| Total expenses and disbursements | $319,972 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$3 |
| Savings and temporary cash investments | $70,056 |
| 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 | $5,322,116 |
| 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, W J Jones Family Foundation has awarded $203,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
THE MEADOWS CENTER FOR PURPOSE: SUPPORT OF CHARITABLE MISSION | $15,000 |
CITIZENS CARING FOR CHILDREN PURPOSE: SUPPORT OF CHARITABLE MISSION | $20,000 |
THE CARE CENTER PURPOSE: SUPPORT OF CHARITABLE MISSION | $20,000 |
CHILDREN'S HOSPITAL FOUNDATION PURPOSE: SUPPORT OF CHARITABLE MISSION | $60,000 |
COALITION OF OKLAHOMA PURPOSE: SUPPORT OF CHARITABLE MISSION | $5,000 |
POSITIVE TOMORROWS PURPOSE: SUPPORT OF CHARITABLE MISSION | $30,000 |