Edward L & Ruth J Jones Charitable Foundation

DAMARISCOTTA, ME EIN: 31-1608996

Edward L & Ruth J Jones Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DAMARISCOTTA, ME. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $477K in total assets. In 2024, it awarded 7 grants totaling $53K. Net investment income was $51K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$477K

-1.6% YoY

Annual Giving

$53K

-4.5% YoY

Grant Count

+75.0% YoY

Avg Grant Size

$8K

-45.5% YoY

Under IRS private-foundation payout rules, Edward L & Ruth J Jones Charitable Foundation reported a distributable amount of $59K for 2024 — the minimum it must pay out in qualifying distributions.

About Edward L & Ruth J Jones Charitable Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Maine $168K (64%)

Minnesota $35K (13%)

South Carolina $20K (8%)

Michigan $15K (6%)

New Hampshire $5K (2%)

Oklahoma $5K (2%)

Pennsylvania $5K (2%)

Virginia $5K (2%)

+2 more states

States

Kentucky Massachusetts Maine Michigan Minnesota New Hampshire Oklahoma Pennsylvania South Carolina Virginia

Cities

AlexandriaBartlesvilleBremenBrunswickBruwnsickDamariscottaEaganGreenvilleHarrisburgHillsdaleLivermore FallsLondonderryRichfieldRoxburyWaldoboroWhitefieldWilliamsburg

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$477,481	$485,236	$513,064
Revenue	$60,598	$44,113	$113,735
Expenses	$68,353	$71,941	$76,357
Qualifying Distributions	$52,500	$55,000	$59,681
Net Investment Income	$51,342	$34,925	$104,129
Distributable Amount	$59,296	$52,164	$51,248

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Grant Size Distribution

22 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Evangelical Institute ($20,000), Life House Maine ($10,000), Care Net of Midcoast Maine ($10,000).

Recipient	Purpose	Amount
JOSEPH & ALICE MCKEEN STUDY CENTER DAMARISCOTTA, ME	UNRESTIRCTED	$1,000
UNIVERSITY OF THE CUMBERLANDS WILLIAMSBURG, KY	WORSHIP PROGRAM	$1,500
EVANGELICAL INSTITUTE GREENVILLE, SC	UNRESTICTED	$20,000
LIFE HOUSE MAINE BRUNSWICK, ME	UNRESTRICTED	$10,000
CARE NET OF MIDCOAST MAINE BRUWNSICK, ME	UNRESTRICTED	$10,000
CHILD EVANGELISM FELLOWSHIP LIVERMORE FALLS, ME	UNRESTRICTED	$5,000
MAINE MARINE MINISTRY WHITEFIELD, ME	UNRESTRICTED	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ROBERT B GREGORY	TRUSTEE	1	$5,923

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Edward L & Ruth J Jones Charitable Foundation?

Edward L & Ruth J Jones Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DAMARISCOTTA, ME. It holds $477K in total assets as of 2024.

How large is Edward L & Ruth J Jones Charitable Foundation?

As of 2024, Edward L & Ruth J Jones Charitable Foundation holds $477K in total assets with $61K in annual revenue. It awarded 7 grants totaling $53K in 2024.

Where does Edward L & Ruth J Jones Charitable Foundation operate?

Edward L & Ruth J Jones Charitable Foundation has awarded grants in Kentucky, Massachusetts, Maine, Michigan, Minnesota, New Hampshire, Oklahoma, Pennsylvania, South Carolina, Virginia.

What size grants does Edward L & Ruth J Jones Charitable Foundation award?

In 2024, Edward L & Ruth J Jones Charitable Foundation awarded 7 grants totaling $53K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is Edward L & Ruth J Jones Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Edward L & Ruth J Jones Charitable Foundation reported a distributable amount of $59K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Edward L & Ruth J Jones Charitable Foundation's EIN?

Edward L & Ruth J Jones Charitable Foundation's EIN (Employer Identification Number) is 31-1608996. IRS Form 990 filing data is available on this page for 2019–2024.