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Also known as: FOUNDATION
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Mike & Carolyn 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 $2.4M. Annual income is reported at $571K. 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, Mike & Carolyn 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.
Mike & Carolyn 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.
Mike & Carolyn 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.
Mike & Carolyn Jones Foundation is headquartered in TABOR CITY, NC. While based in NC, the foundation distributes grants to organizations across 5 states.
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| 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 |