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Also known as: AKA CATCH A BREAK
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Carl And Holly Jones Foundation is a private corporation based in EDINA, MN. The foundation received its IRS ruling in 2015. The principal officer is Carl W Jones. It holds total assets of $3.3M. Annual income is reported at $3.9M. Total assets have grown from $202K in 2014 to $2.3M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Carl And Holly Jones Foundation has made 5 grants totaling $1.4M, with a median grant of $320K. Annual giving has grown from $130K in 2020 to $327K in 2023. Grantmaking activity was highest in 2022 with $639K distributed across 2 grants. Individual grants have ranged from $130K to $327K, with an average award of $276K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Minnesota. Contributions to this foundation are tax-deductible.
Carl And Holly Jones Foundation reported 5 individual grants totaling $1.4 million between 2020 and 2023 across its IRS Form 990-PF filings, with a median grant of $319,527. Half of those grants fell between $281,875 and $319,527. Its most recent available filing, for fiscal year 2023, reports $592,282 in total giving.
Grantmaking is concentrated in MN, which received 5 of the 5 grants on record (100 percent). Of its 2 distinct grantees, 50 percent received funding more than once, so repeat relationships are the norm rather than the exception.
Computed from 5 individual grant records (2020–2023) in this foundation's IRS Form 990-PF Part XV filings. Source: IRS 990-PF.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Carl And Holly Jones Foundation primarily funds organizations in the area of education. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in MN.
Carl And Holly Jones Foundation has distributed a total of $1.4M across 5 grants. The median grant size is $320K, with an average of $276K. Individual grants have ranged from $130K to $327K.
Carl And Holly Jones Foundation typically selects its grantees rather than accepting unsolicited proposals.
Carl And Holly Jones Foundation is headquartered in EDINA, MN.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Carl Jones | TREASURER | $0 | $0 | N/A |
| John Jurkovich | DIRECTOR | $0 | $0 | N/A |
| Holly Jones | PRESIDENT | $0 | $0 | N/A |
Total Giving
$592K
Total Assets
$2.3M
Fair Market Value
$3.6M
Net Worth
$2.3M
Grants Paid
$327K
Contributions
N/A
Net Investment Income
$63K
Distribution Amount
$170K
Total: $2.1M
Total Grants
5
Total Giving
$1.4M
Average Grant
$276K
Median Grant
$320K
Unique Recipients
2
Most Common Grant
$320K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| KaleidoscopeGENERAL FUND | Minneapolis, MN | $327K | 2023 |
| Scholarship Of AmericaGENERAL FUND | Saint Peter, MN | $130K | 2020 |