Mary Bartush Jones Foundtion
- Assets
- $782.2k
- Revenue
- $34.4k
- Investments
- $749.3k
- Employees
- 0
- Location
- Birmingham, MI
- Founding
- 12/1987
- Data as of
- 10/2023
- EIN
- 38-6505469
Organization Overview
Mary Bartush Jones Foundtion is located in Birmingham, MI. The organization was established in 1987. 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. Mary Bartush Jones Foundtion 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 10/2023, Mary Bartush Jones Foundtion generated $34.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $20.1k during the year ending 10/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
C Christopher Jones President | 2 | $0 | |
Mary Catherine Jones Hauptman Secretary | 2 | $0 | |
Michael D Jones Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,008 |
| Dividends & Interest | $21,827 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,571 |
| Capital Gain Net Income | $9,571 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $34,406 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,470 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $7,262 |
| Contributions, gifts, grants paid | $12,800 |
| Total expenses and disbursements | $20,062 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,885 |
| Savings and temporary cash investments | $23,990 |
| 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 | $512,785 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $782,190 |
| 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, Mary Bartush Jones Foundtion has awarded $12,800 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
HARBOR SPRINGS HISTORICAL SOCIETY PURPOSE: GENERAL OPERATING PURPOSES | $2,400 |
LITTLE TRAVERSE BAY HUMANE SOCIETY PURPOSE: GENERAL OPERATING PURPOSE | $2,000 |
MCLAREN NORTHERN MICHIGAN FOUNDATION PURPOSE: GENERAL OPERATING PURPOSES | $500 |
RENAISSANCE YOUTH CENTER PURPOSE: GENERAL OPERATING PURPOSE | $1,100 |
HOLY NAME CATHOLIC CHURCH PURPOSE: GENERAL OPERATING PURPOSES | $2,300 |
CATHOLIC CHARITIES PURPOSE: GENERAL OPERATING PURPOSES | $2,500 |