Frances And F M Jones Family Foundation
- Assets
- $4.6m
- Revenue
- $138.6k
- Investments
- $4.5m
- Employees
- 0
- Location
- Andalusia, AL
- Founding
- Data as of
- 12/2022
- EIN
- 82-3824811
Organization Overview
Frances And F M Jones Family Foundation is located in Andalusia, AL. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Frances And F M 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 12/2022, Frances And F M Jones Family Foundation generated $138.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (10.4%) each year. All expenses for the organization totaled $353.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Frances And F M Jones Family Foundation has awarded 46 individual grants totaling $941,000. 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 |
|---|---|---|---|
Michael L Jones President | 0 | $0 | |
Richard E Jones Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $438 |
| Dividends & Interest | $103,061 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $35,115 |
| Capital Gain Net Income | $101,273 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $138,614 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9 |
| Total operating and administrative expenses | $47,254 |
| Contributions, gifts, grants paid | $306,000 |
| Total expenses and disbursements | $353,254 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $92,182 |
| 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 | $0 |
| Total assets | $4,615,565 |
| 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, Frances And F M Jones Family Foundation has awarded $306,000 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
ANDALUSIA CITY BOARD OF EDUCATION PURPOSE: REFURBISHMENT & RENOVATION TO BLDGS | $65,000 |
ANDALUSIA BALLET PURPOSE: SUPPORT FOR COMMUNITY SERVICES | $10,000 |
COVINGTON COUNTY SCHOOLS PURPOSE: BUILDINGS AND EQUIPMENT | $60,000 |
COVINGTON CO CHILD ADVOCACY PURPOSE: ASSISTANCE TO ABUSED CHILDREN | $5,000 |
FULL TUMMY PROJECT OF COVINGTON CO PURPOSE: PROVIDE FOOD TO AT-RISK CHILDREN | $5,000 |
MEGAN KELLEY SMILES FOUNDATION PURPOSE: ASSISTANCE TO JUVENILE CANCER PATIEN | $5,000 |