David B Jones Foundation
- Assets
- $28.0m
- Revenue
- $2.0m
- Investments
- $15.3m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 07/1998
- Data as of
- 12/2022
- EIN
- 41-1909574
Organization Overview
David B Jones Foundation is located in Wilmington, DE. The organization was established in 1998. 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. David B 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, David B Jones Foundation generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 41.6% each year . All expenses for the organization totaled $1.7m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, David B Jones Foundation has awarded 65 individual grants totaling $3,599,533. 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 |
|---|---|---|---|
Michael J Flynn Dir | 1 | $0 | |
Brad Grossenburg Dir | 1 | $0 | |
Don Lofgren Dir, Sec | 1 | $0 | |
Cayce B Malone Dir | 1 | $0 | |
Jeffrey Malone Pres | 3 | $4,240 | |
Raymond Rogers Dir | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Northwestern Farm Management Co | 12/30/22 | $152,235 |
Foundation Source | 12/30/22 | $75,942 |
Malone Capital Advisors Llc | 12/30/22 | $231,388 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $69,929 |
| Dividends & Interest | $446,622 |
| Net Rental Income | $122,522 |
| Net Gain on Sale of Assets | $1,129,764 |
| Capital Gain Net Income | $1,129,765 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,530 |
| Total Revenue | $2,047,451 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,240 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $1,913 |
| Interest | $0 |
| Taxes | $156,682 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $84,702 |
| Total operating and administrative expenses | $652,627 |
| Contributions, gifts, grants paid | $1,037,633 |
| Total expenses and disbursements | $1,690,260 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,560,442 |
| Net Accounts receivable | $1,259 |
| 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 | $7,106,171 |
| Investments—mortgage loans | $0 |
| Investments—other | $379,712 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $27,950,502 |
| 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 | $30,110 |
| Total liabilities | $30,110 |
Grants Awarded
Over the last fiscal year, David B Jones Foundation has awarded $1,037,633 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
AUGUSTANA UNIVERSITY ASSOCIATION PURPOSE: MITCHELL PREHISTORIC INDIAN VILLAGE ARCHEOLOGICAL COLLECTION CONSERVATION, ARCHEOLOGICAL PUBLICATIONS, AND PUBLIC EDUCATION OUTREACH ACTIVITIES. | $75,000 |
BOY SCOUTS OF AMERICA PURPOSE: DAVID B. JONES NATURE CENTER AND MUSEUM | $105,000 |
BIGHORN BASIN PALEONTOLOGICAL INSTITUTE PURPOSE: DAVID B. JONES SUMMER FIELD INTERNSHIP PROGRAM | $5,030 |
BOY SCOUTS OF AMERICA PURPOSE: DAVID B. JONES LEGACY FRIENDS OF SCOUTING | $25,000 |
CASPER COLLEGE RODEO FUND PURPOSE: TATE MUSEUM COLLECTIONS EXPANSION PROJECT | $17,229 |
BURKE MUSEUM ASSOCIATION PURPOSE: PARTNERING PALEONTOLOGICAL RESEARCH WITH PUBLIC OUTREACH AT THE BURKE MUSEUM | $72,925 |