Jones Family Foundation
- Assets
- $29.8m
- Revenue
- $2.2m
- Investments
- $29.7m
- Employees
- 0
- Location
- Saline, MI
- Founding
- 02/2009
- Data as of
- 12/2022
- EIN
- 26-1548355
Organization Overview
Jones Family Foundation is located in Saline, MI. The organization was established in 2009. 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. 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, Jones Family Foundation generated $2.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $2.1m during the year ending 12/2022. While expenses have increased by 16.0% per year over the past 8 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 2015, Jones Family Foundation has awarded 217 individual grants totaling $10,605,725. 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
THE FOUNDATION ACCOMPLISHES ITS CHARITABLE PURPOSE THROUGH A PROGRAM OF MAKING CHARITABLE GIFTS AND GRANTS AND DOES NOT CONDUCT ANY DIRECT CHARITABLE ACTIVITIES OR PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Max Jones Director | 0 | $0 | |
Shelly Jones Vice President | 0 | $0 | |
Wayne Jones President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $866,759 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,312,587 |
| Capital Gain Net Income | $1,312,587 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,179,346 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $28,016 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,372 |
| Total operating and administrative expenses | $532,166 |
| Contributions, gifts, grants paid | $1,608,576 |
| Total expenses and disbursements | $2,140,742 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $79,373 |
| 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 | $29,822,158 |
| 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, Jones Family Foundation has awarded $1,608,576 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
ARBOR HOSPICE PURPOSE: GENERAL SUPPORT | $20,000 |
BIG BROTHERS BIG SISTERS PURPOSE: GENERAL SUPPORT | $15,000 |
DIUBLE FAMILY VISION FOUNDATION PURPOSE: GENERAL SUPPORT | $5,000 |
CHADTOUGH FOUNDATION PURPOSE: GENERAL SUPPORT | $110,000 |
DYNAMI FOUNDATION PURPOSE: GENERAL SUPPORT | $10,000 |
HEALTY LIVING PROGRAM - MAYO CLINIC PURPOSE: GENERAL SUPPORT | $50,000 |