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Also known as: FOUNDATION
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Michael Jones Foundation is a private corporation based in TABOR CITY, NC. The foundation received its IRS ruling in 2005. The principal officer is Michael K Jones. It holds total assets of $1.9M. Annual income is reported at $654K. Total assets have grown from $279K in 2011 to $1.4M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in South Carolina and North Carolina. According to available records, Michael Jones Foundation has made 75 grants totaling $117K, with a median grant of $500. Annual giving has grown from $33K in 2021 to $84K in 2022. Individual grants have ranged from $100 to $15K, with an average award of $2K. The foundation has supported 28 unique organizations. The foundation primarily supports organizations in South Carolina, North Carolina, Ohio, which account for 91% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$200
Median Grant
$500
Average Grant
$1K
Largest Grant
$13K
Based on 21 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.
Michael Jones Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 75 grants. Its grantmaking reaches organizations primarily in SC, NC, OH.
Michael Jones Foundation has distributed a total of $117K across 75 grants. The median grant size is $500, with an average of $2K. Individual grants have ranged from $100 to $15K.
The application deadline is NONE.. Qualifying distributions will be made to charities primarily located in southeastern north carolina and northeastern south carolina.
Michael Jones Foundation is headquartered in TABOR CITY, NC. While based in NC, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Carolyn N Jones | VICE-CHAIRMAN, SECRETARY | $0 | $0 | N/A |
| Michael K Jones | CHAIRMAN, TREASURER | $0 | $0 | N/A |
Total Giving
$61K
Total Assets
$1.4M
Fair Market Value
$1.6M
Net Worth
$1.4M
Grants Paid
$58K
Contributions
$105K
Net Investment Income
$37K
Distribution Amount
$72K
Total: $479K
Total Grants
75
Total Giving
$117K
Average Grant
$2K
Median Grant
$500
Unique Recipients
28
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Presbyterian ChurchProvide christian ministry & support services at the local and global levels | Myrtle Beach, SC | $15K | 2022 |
| Brookgreen GardensPreservation of South Carolina's native flora and fauna & display/preservation of garden sculptures | Pawleys Island, SC | $10K | 2022 |
| Meredith CollegeProviding higher education to students and preparing them for the professional world | Raleigh, NC | $4K | 2022 |
| Coastal Carolina University Research FoundationTo support Coastal Carolina University | Conway, SC | $2K | 2022 |
| Columbus County Community FoundationTo fund the grant funding of local charities and causes. | Raleigh, NC | $2K | 2022 |
| Myrtle Beach Regional Economical Development CorporationTo fund everyday acitivities promoting job growth and development for Horry County. | Conway, SC | $1K | 2022 |
| Columbus Jobs FoundationTo fund everyday activities promoting job growth and creation in Columbus County. | Whiteville, NC | $1K | 2022 |
| New DirectionsResources to those who served in the military to lead fulfilling lives | Burlington, NC | $1K | 2022 |
| Tabor City Committee Of 100To fund everyday acivities promoting community development within the Social Services sector. | Tabor City, NC | $1K | 2022 |
| Boys And Girls Homes Of NcTo support the needs of vulnerable children by addressing their physical, emotional, social, educational, and spiritual needs. | Lake Waccamaw, NC | $700 | 2022 |
| The Art Museum Of Myrtle BeachProvide educational programs and art exhibitions to the community | Myrtle Beach, SC | $500 | 2022 |
| Sc Tennis Patrons FoundationSupport programs for junior players, at-risk youth, high school seniors, and SC tennis hall of fame | Belton, SC | $500 | 2022 |
| Lower Cape Fear LifecareTo fund access to the highest quality Lifecare, education and supportive services to patients, families and the community. | Wilmington, NC | $500 | 2022 |
| Global Training NetworkTo fund everyday activities training pastors around the world. | Peoria, AZ | $500 | 2022 |
| Matthew 25 MinistriesDisaster relief & provisions to those in need at the local and global levels | Cincinnati, OH | $500 | 2022 |
| Freedom Readers IncTo support literacy of children. | Surfside Beach, SC | $300 | 2022 |
| Fellowship Of Christian AthletesProviding christian ministry services to athletes and coaches | Myrtle Beach, SC | $300 | 2022 |
| Samaritan'S PurseTo fund operations of providing services to victims of war, poverty, and natural disasters. | Boone, NC | $300 | 2022 |
| Sea Haven For GirlsSupport services to homeless, runaway, and at-risk youth | North Myrtle Beach, SC | $300 | 2022 |
| Campus Outreach - MeisenheimersTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Clemson, SC | $300 | 2022 |
| Bethany Christian ServicesProtecting and enhancing the lives of children and families through quality social services | Myrtle Beach, SC | $200 | 2022 |
| Unc Health FoundationTHE MEDICAL FOUNDATION OF NORTH CAROLINA, INC. SECURES FINANCIAL AND VOLUNTEER RESOURCES FOR THE UNC SCHOOL OF MEDICINE AND UNC HEALTH CARE TO PROVIDE A HEALTHIER FUTURE. | Chapel Hill, NC | $200 | 2022 |
| Scripture UnionTo support services that provide opputnities for people of all ages to explore the bible. | Vally Forge, PA | $200 | 2022 |
| Wildlife ActionSupport services that raise public awareness of and protect at-risk wildlife and natural habitats. | Whiteville, NC | $100 | 2022 |
| Lake Waccamaw United Methodist ChurchSupport services to distribute food and school supplies aswell as support mission trips. | Lake Waccamaw, NC | $100 | 2022 |
| Carribbean Youth NetworkTo support missions to create indigenized expressions of Chirstion youth ministry. | Pittsburgh, PA | $100 | 2022 |