R T Jones Memorial Community Foundation Inc
- Assets
- $296.0k
- Revenue
- $13.7k
- Investments
- $277.6k
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 06/1949
- Data as of
- 12/2021
- EIN
- 58-6038577
Organization Overview
R T Jones Memorial Community Foundation Inc is located in Atlanta, GA. The organization was established in 1949. According to its NTEE Classification (T31) the organization is classified as: Community 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. R T Jones Memorial Community Foundation Inc 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 12/2021, R T Jones Memorial Community Foundation Inc generated $13.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (20.2%) each year. All expenses for the organization totaled $61.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, R T Jones Memorial Community Foundation Inc has awarded 30 individual grants totaling $106,500. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Louis L Jones III Chairman | 0 | $0 | |
James L Spears CFO | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4 |
| Dividends & Interest | $4,326 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,327 |
| Capital Gain Net Income | $9,327 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $13,657 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $540 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $9,753 |
| Contributions, gifts, grants paid | $52,000 |
| Total expenses and disbursements | $61,753 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,248 |
| Savings and temporary cash investments | $0 |
| 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 | $164 |
| Total assets | $296,008 |
| 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, R T Jones Memorial Community Foundation Inc has awarded $52,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
CHEROKEE CO HISTORICAL SOCIETY PURPOSE: GENERAL SUPPORT | $12,000 |
RIVERVIEW CEMETERY PURPOSE: GENERAL SUPPORT | $5,000 |
ATLANTA AREA BOY SCOUTS PURPOSE: GENERAL SUPPORT | $5,000 |
Waleska, GA PURPOSE: GENERAL SUPPORT | $4,000 |
CHEROKEE ARTS COUNCIL PURPOSE: GENERAL SUPPORT | $4,000 |
Woodstock, GA PURPOSE: GENERAL SUPPORT | $4,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Christian Charitable Foundation Inc Fort Mill, SC | $16,300,322 | $10,862,004 |
Community Foundation Of South Georgia Inc Thomasville, GA | $102,741,720 | $11,038,110 |
Community Foundation Of South Alabama Mobile, AL | $98,008,361 | $13,565,867 |
The Community Foundation For The Csra Augusta, GA | $104,773,368 | $16,442,862 |
Broward College Foundation Inc Fort Lauderdale, FL | $94,582,398 | $4,710,688 |
Black Belt Community Foundation Inc Selma, AL | $7,710,786 | $9,571,772 |
Manatee Community Foundation Inc Bradenton, FL | $57,782,445 | $10,792,058 |
Love Thy Neighbor Too Alpharetta, GA | $21,169,180 | $7,400,617 |
Community Foundation Of Northwest Georgia Inc Dalton, GA | $78,026,679 | $15,780,742 |
Gaston Community Foundation Gastonia, NC | $124,627,590 | $17,636,833 |
Regions Foundation Birmingham, AL | $110,509,488 | $11,829,710 |
Central Florida Foundation Inc Orlando, FL | $80,276,418 | $7,840,274 |