George M Jones Library Association
George M Jones Library Association is a private foundation, based in LYNCHBURG, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.4M in total assets. In 2024, it made $316K in qualifying distributions. Net investment income was $436K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.4M
+2.4% YoY
Revenue
$511K
+54.5% YoY
Qualifying Distributions
$316K
+9.6% YoY
Expenses
$352K
+5.6% YoY
About George M Jones Library Association
Based on IRS filings
George M Jones Library Association is a private foundation, based in LYNCHBURG, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.4M in total assets. In 2024, it made $316K in qualifying distributions. Net investment income was $436K.
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,389,077 | $4,287,604 | $4,291,850 |
| Revenue | $511,397 | $330,914 | $494,193 |
| Expenses | $352,186 | $333,498 | $278,910 |
| Qualifying Distributions | $315,907 | $288,365 | $233,091 |
| Net Investment Income | $436,471 | $166,060 | $416,720 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| R CHAMBLISS LIGHT JR | PRESIDENT | 10 | — |
| DR GERRY SHERAYKO | VICE PRESIDENT | 5 | — |
| RUSSELL HICKS | TREASURER | 5 | — |
| HUNSDON H CARY III | SECRETARY | 0.5 | — |
| MAEGAN CREWS FALLEN | TRUSTEE | 0.5 | — |
| LEIGHTON S HOUCK | TRUSTEE | 0.5 | — |
| LISA BROUGHMAN | TRUSTEE | 0.5 | — |
| MARJORIE FREEMAN | TRUSTEE | 0.5 | — |
| WILLIAM HANSEN | TRUSTEE | 0.5 | — |
| DEBORAH SMITH | EXECUTIVE DIRECTOR | 40 | $85,773 |
| SANDY MCKENNA | TRUSTEE | 0.5 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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