Jonesville Foundation
- Assets
- $11.6m
- Revenue
- $2.0m
- Investments
- $11.1m
- Employees
- 0
- Location
- Marshall, TX
- Founding
- 11/2009
- Data as of
- 12/2023
- EIN
- 26-3242289
Organization Overview
Jonesville Foundation is located in Marshall, TX. 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. Jonesville 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 12/2023, Jonesville Foundation generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 36.1% each year . All expenses for the organization totaled $986.5k during the year ending 12/2023. While expenses have increased by 8.9% per year over the past 5 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, Jonesville Foundation has awarded 43 individual grants totaling $3,253,352. 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 |
|---|---|---|---|
Kim Vaughan Pres/director | 1 | $0 | |
Amy Vaughan King Vp/treas/dir. | 1 | $0 | |
Beth Dexter Secretary/dir | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,113,716 |
| Interest on Savings | $39,461 |
| Dividends & Interest | $362,418 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $276,769 |
| Capital Gain Net Income | $276,769 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $160,159 |
| Total Revenue | $1,952,523 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,842 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $38 |
| Total operating and administrative expenses | $110,147 |
| Contributions, gifts, grants paid | $876,352 |
| Total expenses and disbursements | $986,499 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $507,665 |
| 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 | $622,073 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $8,282 |
| Total assets | $11,592,465 |
| 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, Jonesville Foundation has awarded $876,352 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
TEXAS WOMEN'S FOUNDATION PURPOSE: TOWARDS OPERATIONS, COMMUNICATIONS, AND RESEARCH REGARDING THE NEEDS OF WOMEN AND GIRLS IN TEXAS | $125,000 |
OUR FRIENDS PLACE PURPOSE: TOWARDS OPERATIONAL COSTS TO SERVE HOMELESS YOUNG WOMEN AND AT-RISK YOUTH | $125,000 |
CAMP FIRE FIRST TEXAS PURPOSE: TOWARDS CAMPING AND OUTDOOR EDUCATION PROGRAMS AT EL TESORO | $90,000 |
DALLAS ARBORETUM PURPOSE: TOWARDS ONGOING SUPPORT OF THE JONESVILLE PATHWAYS TO SCIENCE EDUCATION PROGRAM | $100,000 |
MICHELSON MUSEUM OF ART PURPOSE: TOWARDS EDUCATIONAL PROGRAMS | $50,000 |
CHILDRENS MEDICAL CENTER FOUNDATION PURPOSE: TOWARDS BRAIN TUMOR RESEARCH IN THE MCBRAYER LABORATORY | $101,352 |