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Also known as: % WEBSTER BANK NA
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Paul L Jones Fund is a private association based in WATERBURY, CT. The foundation received its IRS ruling in 1981. The principal officer is Webster Bank Na. It holds total assets of $4.8M. Annual income is reported at $2.3M. The foundation is governed by 1 officer or trustee. 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. Grantmaking is concentrated in Connecticut. According to available records, Paul L Jones Fund has made 56 grants totaling $1.5M, with a median grant of $20K. Annual giving has grown from $380K in 2021 to $1.1M in 2022. Individual grants have ranged from $10K to $40K, with an average award of $27K. The foundation has supported 14 unique organizations. Grant recipients are concentrated in Connecticut. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$20K
Average Grant
$27K
Largest Grant
$40K
Based on 14 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.
Paul L Jones Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 56 grants. Its grantmaking reaches organizations primarily in CT.
Paul L Jones Fund has distributed a total of $1.5M across 56 grants. The median grant size is $20K, with an average of $27K. Individual grants have ranged from $10K to $40K.
Paul L Jones Fund typically selects its grantees rather than accepting unsolicited proposals.
Paul L Jones Fund is headquartered in WATERBURY, CT.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Webster Bank Na | TRUSTEE | $56K | $0 | $56K |
Total Giving
$463K
Total Assets
$4.4M
Fair Market Value
$7.7M
Net Worth
$4.4M
Grants Paid
$400K
Contributions
N/A
Net Investment Income
$388K
Distribution Amount
$373K
Total: $4.3M
Total Grants
56
Total Giving
$1.5M
Average Grant
$27K
Median Grant
$20K
Unique Recipients
14
Most Common Grant
$20K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of St JosephSCHOLARSHIPS | Hartford, CT | $40K | 2022 |
| Manchester Community College FoundationSCHOLARSHIPS | Manchester, CT | $40K | 2022 |
| Quinnipiac UniversitySCHOLARSHIPS | Hamden, CT | $40K | 2022 |
| University Of Connecticut FoundationSCHOLARSHIPS | Storrs, CT | $40K | 2022 |
| Fairfield UniversitySCHOLARSHIPS | Fairfield, CT | $40K | 2022 |
| Sacred Heart UniversitySCHOLARSHIPS | Fairfield, CT | $30K | 2022 |
| Three Rivers Community CollegeSCHOLARSHIPS | Norwich, CT | $20K | 2022 |
| University Of BridgeportSCHOLARSHIPS | Bridgeport, CT | $20K | 2022 |
| Central Connecticut State UniversitySCHOLARSHIPS | New Britain, CT | $20K | 2022 |
| Western Connecticut State UniversitySCHOLARSHIPS | Danbury, CT | $20K | 2022 |
| Southern Conn State University FoundationSCHOLARSHIPS | New Haven, CT | $20K | 2022 |
| St Vincent'S At Sacred Heat UniversitySCHOLARSHIPS | Fairfield, CT | $20K | 2022 |
| St Vincent'S Medical Center FoundationSCHOLARSHIPS | Bridgeport, CT | $20K | 2022 |
| Middlesex Community College FoundationSCHOLARSHIPS | Middletown, CT | $10K | 2022 |