Herbert Vincent Jones Jr Foundation
- Assets
- $1.8m
- Revenue
- $65.9k
- Investments
- $1.8m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 03/1967
- Data as of
- 12/2023
- EIN
- 43-6067211
Organization Overview
Herbert Vincent Jones Jr Foundation is located in Dallas, TX. The organization was established in 1967. 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. Herbert Vincent Jones Jr 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, Herbert Vincent Jones Jr Foundation generated $65.9k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $101.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Herbert Vincent Jones Jr Foundation has awarded 25 individual grants totaling $706,509. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $48,827 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,713 |
| Capital Gain Net Income | $11,713 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,366 |
| Total Revenue | $65,906 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $26,783 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,530 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,078 |
| Total operating and administrative expenses | $33,682 |
| Contributions, gifts, grants paid | $68,145 |
| Total expenses and disbursements | $101,827 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $37,775 |
| 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 | $1,823,342 |
| 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, Herbert Vincent Jones Jr Foundation has awarded $68,145 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CRISTO REY KANSAS CITY PURPOSE: SUPPORT HEALTH MISSION | $22,715 |
ACRUXKC FKA BAPTIST-TRINITY LUTHERAN PURPOSE: SUPPORT ACCESSKC | $22,715 |
WM ROCKHILL NELSON TRUST AKA NELSON PURPOSE: SUPPORT KANSAS CITY | $22,715 |