Lee S Jones Educational Trust
- Assets
- $815.7k
- Revenue
- $10.2k
- Investments
- $155.4k
- Employees
- 0
- Location
- Eddyville, KY
- Founding
- 11/1988
- Data as of
- 12/2022
- EIN
- 61-6158486
Organization Overview
Lee S Jones Educational Trust is located in Eddyville, KY. The organization was established in 1988. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lee S Jones Educational Trust 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, Lee S Jones Educational Trust generated $10.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (26.8%) each year. All expenses for the organization totaled $44.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Lee S Jones Educational Trust has awarded 301 individual grants totaling $423,141. 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 |
|---|---|---|---|
Quin Sutton Scholarship Selection | 0.5 | $0 | |
Allen Wilson Scholarship Selection | 0.5 | $0 | |
Russ Tilford Trustee | 1 | $0 | |
Carrie Wiggins-Ovey Scholarship Selection | 0.5 | $0 | |
Laura Wilson Scholarship Selection | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $725 |
| Interest on Savings | $1,771 |
| Dividends & Interest | $7,678 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,174 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $320 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $479 |
| Total operating and administrative expenses | $5,009 |
| Contributions, gifts, grants paid | $39,050 |
| Total expenses and disbursements | $44,059 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $282,121 |
| Savings and temporary cash investments | $327,804 |
| 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 | $185 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $155,427 |
| Net Land, buildings, and equipment | $50,125 |
| Other assets | $0 |
| Total assets | $815,662 |
| 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, Lee S Jones Educational Trust has awarded $39,050 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
KAMRYN SCHOONOVER PURPOSE: ACADEMIC SCHOLARSHIP | $1,950 |
KATE GRAY PURPOSE: ACADEMIC SCHOLARSHIP | $1,750 |
CAROLINE COOK PURPOSE: ACADEMIC SCHOLARSHIP | $1,650 |
ZOE BOARD PURPOSE: ACADEMIC SCHOLARSHIP | $1,650 |
SAMANTHA HOOPER PURPOSE: ACADEMIC SCHOLARSHIP | $1,650 |
LEAH SCHROEDER PURPOSE: ACADEMIC SCHOLARSHIP | $1,550 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Beta Theta Pi Fraternity Oxford, OH | $3,680,117 | $8,942,106 |
Alpha Xi Delta Fraternity Indianapolis, IN | $11,173,738 | $8,227,558 |
Alpha Phi International Fraternity Inc Chicago, IL | $56,554,412 | $12,398,073 |
Sigma Phi Epsilon Fraternity Inc Richmond, VA | $54,140,029 | $10,282,777 |
Esponda Associates Inc Indianapolis, IN | $35,625,730 | $7,839,159 |
Alpha Omicron Pi Fraternity Inc Brentwood, TN | $57,425,535 | $8,065,959 |
Pi Beta Phi Fraternity Town Country, MO | $45,635,121 | $9,219,516 |
Beta Theta Pi Fraternity Oxford, OH | $10,733,585 | $6,268,729 |
Alpha Gamma Delta Fraternity Indianapolis, IN | $13,038,202 | $5,499,858 |
Delta Gamma Foundation Columbus, OH | $43,080,592 | $13,458,880 |
Alpha Chi Omega Foundation Inc Indianapolis, IN | $28,935,274 | $7,451,164 |
Alpha Phi Foundation Inc Park Ridge, IL | $26,651,155 | $5,758,361 |