Milton And Barbara Jones Foundation
- Assets
- $2.4m
- Revenue
- $494.0k
- Investments
- $2.0m
- Employees
- 0
- Location
- Fort Lauderdale, FL
- Founding
- 05/2019
- Data as of
- 12/2022
- EIN
- 83-2756925
Organization Overview
Milton And Barbara Jones Foundation is located in Fort Lauderdale, FL. The organization was established in 2019. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Milton And Barbara 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 12/2022, Milton And Barbara Jones Foundation generated $494.0k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $101.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Milton And Barbara Jones Foundation has awarded 14 individual grants totaling $176,225. 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 |
|---|---|---|---|
Milton Jones Director | 1 | $0 | |
Barbara Jones Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $500,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $34,450 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$40,429 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $494,021 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,062 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $66 |
| Other expenses | $0 |
| Total operating and administrative expenses | $15,531 |
| Contributions, gifts, grants paid | $86,000 |
| Total expenses and disbursements | $101,531 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $432,558 |
| 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 | $190,744 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,417,341 |
| 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, Milton And Barbara Jones Foundation has awarded $86,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
JUNIOR ACHIEVEMENT OF SOUTH FLORIDA PURPOSE: TO INSPIRE AND PREPARE YOUNG PEOPLE TO SUCCEED IN A GLOBAL ECONOMY. | $12,500 |
THE PACE CENTER FOR GIRLS PURPOSE: TO RE-ENGAGE GIRLS WITH LEARNING, IMPROVE ACADEMIC PERFORMANCE AND TO ADDRESS THE UNDERLYING TRAUMA THAT CONTRIBUTES TO FEMALE DELIQUENCY. | $500 |
SHERIFF'S FOUNDATION OF BROWARD COUNTY PURPOSE: TO FUND AND SUPPORT CRIME PREVENTION PROGRAMS IN BROWARD COUNTY AND MANAGE DONATIONS TO MEMORIAL FUNDS FOR THE BENEFIT OF SURVIVING FAMILIES OF OFFICERS LOST IN THE LINE OF DUTY. | $5,000 |
FRIENDS OF AARLLC PURPOSE: TO ADVOCATE FOR LIBRARY SERVICES FOR ALL AGES AND PROVIDE RESOURCES TO SUPPORT LIBRARY PROGRAMS. | $5,000 |
NOVA SOUTHEASTERN UNIVERSITY PURPOSE: TO DELIVER INNOVATIVE PROGRAMS IN A DYNAMIC, LIFELONG LEARNING AND RESEARCH ENVIRONMENT FOSTERING INTEGRITY, ACADEMIC EXCELLENCE, LEADERSHIP AND COMMUNITY SERVICE THROUGH ENGAGED STUDENTS, FACULTY AND STAFF. | $26,000 |
FAMU FOUNDATION PURPOSE: TO ADVANCE THE EDUCATIONAL AND STRATEGIC GOALS OF FLORIDA A&M UNIVERSITY. | $26,000 |