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The Jones Educational Foundation Inc. is a private corporation based in SOMERSET, KY. The foundation received its IRS ruling in 2008. The principal officer is Sonya Jones. It holds total assets of $1.4M. Annual income is reported at $21K. Total assets have grown from $30K in 2011 to $1.3M in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. The foundation primarily funds organizations in Kentucky and Tennessee. According to available records, The Jones Educational Foundation Inc. has made 18 grants totaling $24K, with a median grant of $600. Annual giving has grown from $3K in 2020 to $8K in 2024. Individual grants have ranged from N/A to $5K, with an average award of $1K. The foundation has supported 16 unique organizations. The foundation primarily supports organizations in Kentucky, Tennessee, New Mexico, which account for 94% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$1K
Average Grant
$2K
Largest Grant
$5K
Based on 7 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.
The Jones Educational Foundation Inc. primarily funds organizations in the area of education. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in KY, TN, NM.
The Jones Educational Foundation Inc. has distributed a total of $24K across 18 grants. The median grant size is $600, with an average of $1K. Individual grants have ranged from N/A to $5K.
The Jones Educational Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
The Jones Educational Foundation Inc. is headquartered in SOMERSET, KY. While based in KY, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bryan Denney | TREASURER | $0 | $0 | N/A |
| Sandra Simon | PRESIDENT | $0 | $0 | N/A |
| Jenny Williams | VICE PRESIDE | $0 | $0 | N/A |
| Noah Polk | SECRETARY | $0 | $0 | N/A |
Total Giving
$68K
Total Assets
$1.3M
Fair Market Value
$1.7M
Net Worth
$1.3M
Grants Paid
$8K
Contributions
$603
Net Investment Income
$23K
Distribution Amount
N/A
Total Grants
18
Total Giving
$24K
Average Grant
$1K
Median Grant
$600
Unique Recipients
16
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Krueger FamilyDonation to help victims of burnout | Somerset, KY | $1K | 2021 |
| First Baptist ChurchDonation to religious organization | Somerset, KY | N/A | 2020 |
| First Presbyterian ChurchDonation to religious organization | Somerset, KY | N/A | 2020 |
| Tailor Schooltraci BraySCHOLARSHIP | Somerset, KY | $5K | 2024 |
| Violin Grantmaia LoiaconoSCHOLARSHIP | Somerset, KY | $3K | 2024 |
| St JudeDONATION FOR RESEARCH | Memphis, TN | $600 | 2024 |
| BatgapDONATION | Fairfield, IA | $103 | 2024 |
| Ukmacey HudsonSCHOLARSHIP | Lexington, KY | $5K | 2023 |
| Kassandra McneilSCHOLARSHIP | Somerset, KY | $325 | 2023 |
| Macey HudsonScholarship | Somerset, KY | $5K | 2021 |
| St Judes Childrens HospitalDonation to support research and treatment | Memphis, TN | $600 | 2021 |
| St James Episcopal ChurchOrdination Donation | Taos, NM | $514 | 2021 |
| Union CollegeAnnual Scholarship Fund | Barbourville, KY | $1K | 2020 |
| St Patricks Episcopal ChurchDonation to religious organization | Somerset, KY | $435 | 2020 |
| Cornelia Cooper EndowmentDonation to support advancement of local arts | Somerset, KY | $300 | 2020 |
| KetDonation to support educational organization | Lexington, KY | N/A | 2020 |