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Also known as: C/O BESSEMER TRUST
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Jones Family Foundation is a private trust based in GARDEN CITY, NY. The foundation received its IRS ruling in 2008. The principal officer is Bessemer Trust. It holds total assets of $265K. Annual income is reported at $11K. Total assets have decreased from $3.2M in 2011 to $290K in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Funding is distributed across 4 states, including Florida, North Carolina, New York. According to available records, Jones Family Foundation has made 5 grants totaling $696K, with a median grant of $123K. Individual grants have ranged from $10K to $250K, with an average award of $139K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Florida and North Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$128K
Average Grant
$171K
Largest Grant
$550K
Based on 8 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.
Jones Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in FL, NC.
Jones Family Foundation has distributed a total of $696K across 5 grants. The median grant size is $123K, with an average of $139K. Individual grants have ranged from $10K to $250K.
Jones Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Jones Family Foundation is headquartered in GARDEN CITY, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard H Jones | TRUSTEE | $0 | $0 | N/A |
| Patricia K Jones | TRUSTEE | $0 | $0 | N/A |
Total Giving
$591K
Total Assets
$290K
Fair Market Value
$907K
Net Worth
$290K
Grants Paid
$589K
Contributions
N/A
Net Investment Income
$193K
Distribution Amount
$56K
Total: $86K
Total Grants
5
Total Giving
$696K
Average Grant
$139K
Median Grant
$123K
Unique Recipients
5
Most Common Grant
$100K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Duke UniversityGENERAL SUPPORT | Durham, NC | $250K | 2022 |
| Food For The PoorGENERAL SUPPORT | Coconut Creek, FL | $214K | 2022 |
| St Vincent'S Healthcare FoundationGENERAL SUPPORT | Jacksonville, FL | $123K | 2022 |
| St Joseph Catholic ChurchGENERAL SUPPORT | Jacksonville, FL | $100K | 2022 |
| Mayo ClinicGENERAL SUPPORT | Jacksonville, FL | $10K | 2022 |