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. 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
7
+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
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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| 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
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.
Explore Open Grants
Browse active grant opportunities in Edward L & Ruth J Jones Charitable Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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