Helen Jones Foundation Inc

LUBBOCK, TX EIN: 75-1977748

Helen Jones Foundation Inc is a private 501(c)(3) foundation established in November 1984 and based in Lubbock, Texas. The foundation's sole stated activity is making grants to exempt organizations. It represents a significant philanthropic entity in the West Texas region, with substantial assets and annual charitable disbursements.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$255.9M

+2.3% YoY

Annual Giving

$12.2M

+8.0% YoY

Grant Count

34

+0.0% YoY

Avg Grant Size

$358K

+8.0% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation makes grants to organizations and schools in the fields of art and performing arts. While specific program areas and detailed funding priorities are not extensively documented, the foundation has demonstrated support across education, arts, and community organizations.

Grantmaking

No public application process has been documented. The foundation does not appear to have a publicly available application portal or formal submission guidelines.

Grant Range

$20,000 - $7,500,000

Average Grant

amount: $318,863

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation primarily focuses on the Lubbock, Texas area and surrounding West Texas region. Grant activity has also been documented in California, Florida, Illinois, and Maryland.

Grant Distribution by State

1states

States

Cities

DallasLevellandLubbockNazarethPlainviewSilverton

Financial History

Multi-year comparison from IRS filings

Assets & Revenue (2024):

  • Total assets: $255,881,590
  • Total revenue: $20,979,548
  • Total expenses: $15,831,836

Assets & Revenue (2023):

  • Total assets: $250,151,401
  • Total revenue: $18,097,002
  • Total expenses: $14,757,915

Revenue Sources: The foundation generates revenue primarily through investment income, including dividends ($4.9 million) and sales of assets ($11 million).

Liabilities: Total liabilities: $0

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$12M$23M$35M$46M20202021202220232024
Metric202420232022
Total Assets$255,881,590$250,151,401$246,111,531
Revenue$20,979,548$18,097,002$25,674,091
Expenses$15,831,836$14,757,915$15,329,101
Qualifying Distributions$12,546,638$11,476,658$11,570,195
Net Investment Income$17,877,729$15,087,521$22,580,736
Distributable Amount$12,728,597$11,604,102$11,401,317

Giving Over Time

Total grant dollars and number of grants per year

$0$3M$6M$9M$12M55 grants202052 grants202137 grants202234 grants202334 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

LUBBOCK ENTERTAINMENT & …$5.4MWAYLAND BAPTIST UNIVERSITY$1.1MLUBBOCK CHRISTIAN UNIVER…$1.0MUNITED WAY - LUBBOCK ARE…$1.0MTEXAS TECH UNIVERSITY - …$585KRANCHING HERITAGE ASSOCI…$550KTEXAS TECH UNIVERSITY - …$250KTEXAS TECH UNIVERSITY$250KSCIENCE SPECTRUM$235KYOUNG MEN'S CHRISTIAN AS…$200K

Grant Size Distribution

205 grants across all recorded years

123<$50K30$50–100K21$100–250K6$250–500K10$500K–1M11$1–5M4$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • James C. Arnold - President/Director, Chief Executive Officer (Compensation: $190,321-$218,870)
  • Marianna Markham - Vice President/Director
  • Samuel Hawthorne - Treasurer/Director
  • Chris Crews - Director (Compensation: $140,000)
  • Barbara Bush - Director
  • John W. Shanklin II - Director

The foundation operates with 2 employees.

Compensation Overview

From 2024 IRS filing

JAMES C ARNOLDPRESIDENT/DIRECTOR$219KCHRIS CREWSDIRECTOR$140K

From 2024 filing

NameTitleHoursCompensation
JAMES C ARNOLDPRESIDENT/DIRECTOR40$218,870
SAMUEL HAWTHORNETREASURER/DIRECTOR1
MARIANNA MARKHAMV PRESIDENT/DIRECTOR1
CHRIS CREWSDIRECTOR40$140,000
BARBARA BUSHDIRECTOR1
JOHN W SHANKLIN IIDIRECTOR1

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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