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Also known as: C/O KEYBANK PRIVATE BANK TRUST OFFICER
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Herbert B Jones Foundation is a private corporation based in SEATTLE, WA. The foundation received its IRS ruling in 1990. The principal officer is Keybank Private Bank Trust Office. It holds total assets of $9.8M. Annual income is reported at $949K. Total assets have grown from $9.3M in 2010 to $13.5M in 2022. The foundation is governed by 6 officers and trustees. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Washington. According to available records, Herbert B Jones Foundation has made 43 grants totaling $2.9M, with a median grant of $33K. Annual giving has decreased from $2M in 2022 to $859K in 2023. Individual grants have ranged from $17K to $328K, with an average award of $68K. The foundation has supported 12 unique organizations. Grant recipients are concentrated in Washington. Contributions to this foundation are tax-deductible.
Smallest Grant
$17K
Median Grant
$33K
Average Grant
$62K
Largest Grant
$203K
Based on 11 grants from the most recent 990-PF filing.
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.
Herbert B Jones Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 43 grants. Its grantmaking reaches organizations primarily in WA.
Herbert B Jones Foundation has distributed a total of $2.9M across 43 grants. The median grant size is $33K, with an average of $68K. Individual grants have ranged from $17K to $328K.
The application deadline is FIRST MONDAY IN APRIL.. The foundation promotes entrepreneurism and small business through the initial and temporary support of new business programs managed by post- secondary educational entities in the state of washington. See mission statement on website.
Herbert B Jones Foundation is headquartered in SEATTLE, WA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Tammy Miller | TRUSTEE | $0 | $0 | N/A |
| Rene Wagner | TRUSTEE | $0 | $0 | N/A |
| Tom Crha | TRUSTEE | $0 | $0 | N/A |
| Mandy Ho | TRUSTEE | $0 | $0 | N/A |
| Terry Smith | TRUSTEE | $0 | $0 | N/A |
| Kaylee Jaech | TRUSTEE | $0 | $0 | N/A |
Total Giving
$994K
Total Assets
$13.5M
Fair Market Value
$16.2M
Net Worth
$13.5M
Grants Paid
$859K
Contributions
N/A
Net Investment Income
$1.2M
Distribution Amount
$762K
Total: $6.5M
Total Grants
43
Total Giving
$2.9M
Average Grant
$68K
Median Grant
$33K
Unique Recipients
12
Most Common Grant
$30K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| VenturesBUSINESS SAVERS CLUBS | Seattle, WA | $25K | 2023 |
| University Of WashingtonACCELERATOR AWARD, BUSINESS PLAN COMPETITION, ENVIRONMENTAL AND HEALTH CHALLENGES | Seattle, WA | $328K | 2023 |
| Eastern Washington UniversityCENTER FOR ENTERPRENEURSHIP | Cheney, WA | $173K | 2023 |
| Washington State UniversityBUSINESS PLAN AWARD, MILESTONE AWARDS, STUDENT VENTURE MANAGER | Pullman, WA | $120K | 2023 |
| Whitworth UniversityBUSINESS PLAN COMPETITION | Spokane, WA | $52K | 2023 |
| Seattle UniversityPROGRESS AWARDS AND BUSINESS PLAN AWARD | Seattle, WA | $45K | 2023 |
| Seattle Pacific UniversityCAMPUS COURSE DEVELOPMENT, SOCIAL VENTURE COMPETITION, STUDENT LAUNCH AWARDS | Seattle, WA | $33K | 2023 |
| Nw School For Deaf And Hard Of Hearing ChildrenEDUCATIONAL PROGRAMS FOR DEAF AND HARD OF HEARING CHILDREN | Shoreline, WA | $31K | 2023 |
| Washington Business WeekSEATTLE UNIVERSITY LAUNCH | Renton, WA | $30K | 2023 |
| Enterprise For EquityLOW INCOME SCHOLARSHIPS AND MOMENTUM AWARDS | Olympia, WA | $23K | 2023 |
| University District SpokaneBUSINESS PLAN AWARDS | Spokane, WA | $30K | 2022 |
| Pacific Lutheran UniversityBUSINESS PLAN AWARD | Tacoma, WA | $17K | 2022 |