The Jonas Foundation
- Assets
- $0.0
- Revenue
- $295.4k
- Investments
- $6.3m
- Employees
- 0
- Location
- Lenoir, NC
- Founding
- 02/1986
- Data as of
- 06/2021
- EIN
- 56-1459346
Organization Overview
The Jonas Foundation is located in Lenoir, NC. The organization was established in 1986. 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. Jonas 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 06/2021, Jonas Foundation generated $295.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $657.2k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Jonas Foundation has awarded 120 individual grants totaling $3,313,150. 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 |
|---|---|---|---|
Ag Jonas President/treasurer | 1 | $0 | |
Linda Jonas Vice President | 1 | $0 | |
Joyce Bumgarner Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,243 |
| Dividends & Interest | $346,509 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $295,380 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $7,199 |
| Contributions, gifts, grants paid | $650,000 |
| Total expenses and disbursements | $657,199 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Jonas Foundation has awarded $650,000 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
NC COMMUNITY FOUNDATION PURPOSE: ESTABLISH FUND-CONTRIBUTION | $380,000 |
Lenoir, NC PURPOSE: PROGRAM CONTRIBUTIONS | $25,000 |
Lenoir, NC PURPOSE: CONTRIBUTIONS | $25,000 |
ST JAMES EPISCOPAL CHURCH PURPOSE: CAMPAIGN CONTRIBUTIONS | $25,000 |
Lenoir, NC PURPOSE: CONTRIBUTIONS | $20,000 |
Lenoir, NC PURPOSE: MEDICAL CARE AND PRESCRIPTION DRUG PROGRAMS | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trousdale Foundation Inc Cleveland, TN | $157,578,588 | $76,137,385 |
The United Methodist Retirement Homes Inc Durham, NC | $351,992,425 | $85,120,969 |
The Murray & Sydell Rosenberg Foundation Inc Atlanta, GA | $5,561,714 | $74,985,544 |
Joseph B Whitehead Foundation Atlanta, GA | $148,285,590 | $58,163,845 |
Winshape Foundation Inc Atlanta, GA | $1,733,664,901 | $22,099,572 |
A Good Name Foundation Inc Atlanta, GA | $709,299,721 | $33,917,740 |
Jane Woodruff Foundation Inc Atlanta, GA | $0 | $54,999,988 |
Ups Foundation Inc Atlanta, GA | $8,317,427 | $54,799,163 |
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
Dogwood Health Trust Asheville, NC | $1,386,374,836 | $630,200,598 |
Jack Kent Cooke Foundation Lansdowne, VA | $883,502,508 | $42,942,790 |
O Wayne Rollins Foundation Atlanta, GA | $468,654,801 | $21,609,282 |