Jones Family Foundation
- Assets
- $1.9m
- Revenue
- $106.3k
- Investments
- $1.9m
- Employees
- 0
- Location
- Selma, AL
- Founding
- 03/2000
- Data as of
- 12/2023
- EIN
- 63-1241900
Organization Overview
Jones Family Foundation is located in Selma, AL. The organization was established in 2000. 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. Jones Family 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, Jones Family Foundation generated $106.3k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 15.0% each year . All expenses for the organization totaled $86.9k during the year ending 12/2023. While expenses have increased by 13.8% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Jones Family Foundation has awarded 35 individual grants totaling $375,060. 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
PETROLEUM AND CONVIENCE MARKETING OF ALABAMA 4264 LOMAC STREET MONTGOMERY, AL 36106
UNIVERSITY OF ALABAMA UNIVERSITY BLVD. TUSCALOOSA AL 35487
CHURCH STREET UNITED METHODIST CHURCH 214 CHURCH STREET SELMA, AL 36701
1 CHURCH ST SELMA, AL 36701
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J Larry Jones Trustee | 1 | $0 | |
William L Jones Jr Trustee | 0 | $0 | |
Judy J Free Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $116 |
| Dividends & Interest | $97,860 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,293 |
| Capital Gain Net Income | $2,753 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $106,269 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $925 |
| Contributions, gifts, grants paid | $86,000 |
| Total expenses and disbursements | $86,925 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $1,914,075 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,914,075 |
| 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, Jones Family Foundation has awarded $86,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF ALABAMA PURPOSE: DONATION | $15,000 |
PETROLEUM AND CONVIENCE MARKERTERS OF AL PURPOSE: DONATION | $34,000 |
UNITED METHODIST CHURCH PURPOSE: DONATION | $10,000 |
ARTS REVIVE PURPOSE: DONATION | $10,500 |
SKY HILL ANIMAL SHELTER PURPOSE: DONATION | $4,500 |
EVANS SPECIAL BENEFIT FUND PURPOSE: DONATION | $2,000 |