Rees-Jones Foundation
- Assets
- $0.0
- Revenue
- $116.6m
- Investments
- $159.4m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 08/2006
- Data as of
- 12/2020
- EIN
- 20-5132900
Organization Overview
Rees-Jones Foundation is located in Dallas, TX. The organization was established in 2006. 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. Rees-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 12/2020, Rees-Jones Foundation generated $116.6m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 35.6% each year . All expenses for the organization totaled $47.3m during the year ending 12/2020. While expenses have increased by 8.2% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Rees-Jones Foundation has awarded 445 individual grants totaling $97,024,525. 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
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE REES-JONES SUMMER INTERNSHIP PROGRAM - DIRECT EXPENSES TO SUPPORT 5 DALLAS AREA NON-PROFITS TO HIRE PAID SUMMER INTERNS FROM AMONG THEIR YOUTH PROGRAMMING CONSTITUENTS. PROGRAM PROVIDED JOB EXPERIENCE, MENTORING IN LIFE AND WORK SKILLS, FINANCIAL LITERACY EDUCATION, AND EXPOSURE TO VARIOUS CAREER POSSIBILITIES TO 24 AT-RISK YOUTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Vice Chairman | 5 | $0 | |
Adrian Cook Director Of Research | 40 | $152,295 | |
Lynn Gibson Sr Program Officer | 40 | $147,243 | |
Chris Munson Sr Program Officer | 40 | $141,285 | |
Trey Hill Sr. Program Officer | 40 | $140,079 | |
Amy Rembert Program Officer | 40 | $91,744 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Johnson & Sekin Llc | 12/30/21 | $68,000 |
Curtis W Meadows Jr | 12/30/21 | $53,225 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $35,000,000 |
| Interest on Savings | $254,280 |
| Dividends & Interest | $576,156 |
| Profit on Inventory Sales | $0 |
| Other Income | -$3,935,956 |
| Total Revenue | $116,553,438 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,093,611 |
| Pension plans, employee benefits | $430,148 |
| Depreciation | $7,196 |
| Occupancy | $1,652 |
| Travel, conferences, and meetings | $8,998 |
| Printing and publications | $1,564 |
| Total operating and administrative expenses | $4,177,292 |
| Contributions, gifts, grants paid | $43,124,500 |
| Total expenses and disbursements | $47,301,792 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $159,368,634 |
| Other assets | $101,459,028 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $786,700 |
Grants Awarded
Over the last fiscal year, Rees-Jones Foundation has awarded $44,192,025 in support to 179 organizations.
| Grant Recipient | Amount |
|---|---|
Arlington, VA PURPOSE: MULTI-YEAR FUNDING TO SUPPORT INNOVATIONS AIMED AT ENDING MODERN-DAY SLAVERY IN INDIA. | $4,000,000 |
Arlington, VA PURPOSE: MULTI-YEAR FUNDING TO SUPPORT INNOVATIONS AIMED AT ENDING MODERN-DAY SLAVERY IN INDIA. | $3,000,000 |
Dallas, TX PURPOSE: FUNDING FOR PHASE II OF THE CAPITAL CAMPAIGN, WHICH INCLUDES INFRASTRUCTURE UPDATES TO THE STERILE PROCESSING, OPERATING ROOMS, DAY SURGERY AND INPATIENT FACILITIES. | $3,000,000 |
CHILDREN'S MEDICAL CENTER FOUNDATION PURPOSE: FUNDING TO SUPPORT THE REES-JONES CENTER FOR FOSTER CARE EXCELLENCE, WHICH ADDRESSES THE PHYSICAL, MENTAL, AND BEHAVIORAL HEALTH NEEDS OF CHILDREN IN FOSTER CARE IN NORTH TEXAS. | $2,850,000 |
Grand Rapids, MI PURPOSE: FUNDING TO SUPPORT THE OPERATION OF THE CURE CHILDREN'S HOSPITAL IN ETHIOPIA. | $2,500,000 |
Stafford, TX PURPOSE: FUNDING TO PROVIDE SUSTAINABLE, SAFE WATER SOLUTIONS IN UGANDA, ZAMBIA AND NICARAGUA. | $1,700,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rees-Jones Foundation has recieved totaling $5,750.
| Awarding Organization | Amount |
|---|---|
Harbin Family Foundation Dallas, TX PURPOSE: SUPPORT | $5,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnall Family Foundation Inc Oklahoma City, OK | $11,371,239 | $12,792,638 |
Houston Endowment Inc Houston, TX | $2,683,938,862 | $265,655,014 |
J E And L E Mabee Foundation Inc Midland, TX | $754,241,961 | $130,151,698 |
Rainwater Charitable Foundation Fort Worth, TX | $856,887,520 | $46,265,349 |
The Samuel Roberts Noble Foundation Ardmore, OK | $1,183,090,626 | $85,581,097 |
Kinder Foundation Houston, TX | $141,449,180 | $60,608,944 |
Rees-Jones Foundation Dallas, TX | $0 | $116,553,438 |
Meadows Foundation Incorporated Dallas, TX | $777,502,701 | $134,484,682 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |
Amon G Carter Foundation Fort Worth, TX | $464,730,205 | $54,557,293 |
Wend Ii Inc Bentonville, AR | $174,655,774 | $207,303,582 |
Anne And Henry Zarrow Foundation Tulsa, OK | $347,173,230 | $36,385,260 |