William And Myrtle Jones Foundation
- Assets
- $672.1k
- Revenue
- $525.2k
- Investments
- $460.0k
- Employees
- 0
- Location
- Souderton, PA
- Founding
- 06/2014
- Data as of
- 12/2022
- EIN
- 46-3818506
Organization Overview
William And Myrtle Jones Foundation is located in Souderton, PA. The organization was established in 2014. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. William And Myrtle 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, William And Myrtle Jones Foundation generated $525.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.6%) each year.
Since 2016, William And Myrtle Jones Foundation has awarded 23 individual grants totaling $855,100. 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 |
|---|---|---|---|
William R Jones President | 3 | $0 | |
Myrtle E Jones Secretary | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $510,000 |
| Interest on Savings | $4 |
| Dividends & Interest | $10,393 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,807 |
| Capital Gain Net Income | $4,807 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $525,204 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $157 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,784 |
| Total operating and administrative expenses | $4,941 |
| Contributions, gifts, grants paid | $709,500 |
| Total expenses and disbursements | $714,441 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $212,058 |
| 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 | $460,026 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $672,084 |
| 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, William And Myrtle Jones Foundation has awarded $709,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
LIVING HOPE COMMUNITY CHURCH PURPOSE: TO SUPPPORT LIVING HOPE'S MISSION TO MODEL EVERYTHING WE DO BY STUDYING HOW CHRIST LIVED, TAUGHT, AND DISCIPLED AND TO SPREAD THE LIVING HOPE OF CHRIST BY MAKING DISCIPLES OF ALL NATIONS. CONTRIBUTIONS SPECIFICALLY SUPPORT THE CHURCH'S BENEVOLENCE FUND. | $200,000 |
LANSDALE PRESBYTERIAN CHURCH PURPOSE: CONTRIBUTIONS SUPPORT LANDSALE PRESBYTERIAN'S PRIMARY PURPOSE TO BRINGGLORY TO GOD, AND BY ENGAGING IN LIVELY CHRIST-CENTERED WORSHIP, USINGBOTH TRADITIONAL AND CONTEMPORARY STYLES. GOD'S PEOPLE MUST BEEQUIPPED FOR SERVICE AND GODLY LIVING IN THE WORLD, AND THE CHURCH'S AIM IS TOBE A CHURCH THAT PRESENTS THE WHOLE COUNSEL OF GOD IN A CLEAR ANDPRACTICAL WAY, EMPHASIZING A BIBLICAL WORLD AND LIFE VIEW.CONTRIBUTIONS ARE SPECIFICALLY DESIGNATED FOR THE DEACON'S FUND. | $494,500 |
PHILMONT CHRISTIAN ACADEMY PURPOSE: CONTRIBUTIONS SUPPORT PHIL-MONT CHRISTIAN ACADEMY'S MISSION OF PROVIDING STUDENTS WITH AN EXCELLENT EDUCATION FROM A CONSISTENT CHRISTIAN WORLD-AND-LIFE VIEW SINCE 1943. TRUE TO THE ORIGINAL VISION OF OUR FOUNDERS, INCLUDING DR. CORNELIUS VAN TIL, WE REMAIN COMMITTED TO UPHOLDING THE BIBLE AS THE LIVING CORE OF THE ACADEMY'S PROGRAM BY ENSURING THAT EVERY SUBJECT IN OUR CURRICULUM IS TAUGHT FROM A DISTINCTLY CHRISTIAN PERSPECTIVE AND IN RELATION TO THE WORD OF GOD. FROM THE CLASSROOM TO THE CHEMISTRY LAB, ON THE PLAYING FIELD AND THE STAGE, OUR BELIEFS ARE CENTRAL TO THE PURSUIT OF EXCELLENCE. | $10,000 |
THE MASTERS SCHOOL PURPOSE: TO SUPPORT THE MASTERS SCHOOL'S MISSION TO CELEBRATE ACTIVE PARTICIPATION, DEEP UNDERSTANDING, AND MEANINGFUL CONNECTION. A COMMUNITY OF DIVERSE INDIVIDUALS, WE GATHER TO LEARN, TO STRIVE, TO DARE, TO DO TO BE A POWER FOR GOOD IN THE WORLD. | $5,000 |