Jones Memorial Scholarship Fund XXXXX9000
Jones Memorial Scholarship Fund XXXXX9000 is a private foundation based in Chicago, Illinois. Its 2025 filing reports 19 grants totaling $16,530, with each grant designated for a scholarship.
Jones Memorial Scholarship Fund XXXXX9000 at a glance
In short: Jones Memorial Scholarship Fund XXXXX9000 gave $17K across 19 grants in 2025 (avg $870), mostly in Illinois. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $16,530
- +6.1% vs 2024
- Grants made (2025)
- 19
- +18.8% vs 2024
- Average grant
- $870
- -10.7% vs 2024
- Median grant
- $870
- Total assets
- $428,147
- -1.9% vs 2024
- Primary geography
- Illinois (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Jones Memorial Scholarship Fund XXXXX9000
- How to Apply
-
The 2023 filing directs applicants to submit forms and materials through an online grants process; it states that there are no restrictions on awards.
- Review Cycle
- None stated on the 2023 filing.
- Deadline
- None stated on the 2023 filing.
- Contact
Application contact: Jp Morgan Chase Bank Na
Mailing address: 10 S Dearborn Il1-0111, Chicago, IL 60603
Phone: (800) 496-2583
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Jones Memorial Scholarship Fund XXXXX9000 funds
How this funder distributes its grants
Grant Size Distribution
69 grants across all recorded years
The most common grant size was under $50K: 69 grants of 69 (100%).
Geographic Focus
Where this funder awards grants
All grant dollars reported for 2025 went to recipients in Illinois.
Grant Distribution by State
Share of 2025 grant dollars across all 19 itemized grants.
States
Cities
How Jones Memorial Scholarship Fund XXXXX9000 gives
- Giving held roughly steady from 2022 to 2025 (−12%). Method
- In 2025 it paid out 90% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $12K (2023) to $19K (2022). In 2025 it made 19 grants totaling $17K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 19 individual scholarships Recipients not named | — | $16,530 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $428,147 | $20,967 | $29,463 | $16,530 | 19 | $20,931 | $15,670 | $23,244 |
| 2024 | $436,643 | $127,932 | $22,428 | $15,584 | 16 | $19,209 | $124,844 | $20,154 |
| 2023 | $331,141 | $17,310 | $16,534 | $12,150 | 15 | $15,877 | $16,927 | $19,309 |
| 2022 | $330,365 | $29,940 | $33,303 | $18,772 | 13 | $27,209 | $24,285 | $20,588 |
| 2021 | $333,743 | $29,363 | $19,911 | $16,428 | 6 | — | $28,980 | $21,593 |
| 2020 | $324,288 | $18,633 | $20,166 | $17,148 | 6 | — | $18,228 | $18,641 |
| 2019 | $325,820 | $24,211 | $20,819 | $17,240 | 8 | — | $22,693 | $18,338 |
Under IRS private-foundation payout rules, Jones Memorial Scholarship Fund XXXXX9000 reported a distributable amount of $23K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Grantmaking
In 2025, the fund reported 19 grants totaling $16,530. Each grant was $870. The listed recipients were in Mundelein, Illinois, and each grant’s stated purpose was “SCHOLARSHIP.” Examples include two individual recipients, Rev Jessell Bangoy RCJ, Rev two individual recipients, and Rev an individual recipient, each receiving $870.
The fund’s 2023 filing states that it does not restrict giving to preselected organizations. It directs applicants to an online grants process and states that there are no restrictions on awards.
Leadership & Key People
Officers and directors from IRS filings
Jones Memorial Scholarship Fund XXXXX9000's only listed officer is JP Morgan Chase Bank NA, Trustee on every filing since 2020 (compensated).
Officers on the 2025 filing
JP Morgan Chase Bank NA
Trustee
On filings since 2020
2 hrs/week
$2K (2020) → $9K (2025)
Former officers (1)
- Former: Jp Morgan Chase (2019) — Trustee
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $9K, to JP Morgan Chase Bank NA (Trustee).
Frequently asked questions about Jones Memorial Scholarship Fund XXXXX9000
How much does Jones Memorial Scholarship Fund XXXXX9000 give each year?
Jones Memorial Scholarship Fund XXXXX9000 gave $17K across 19 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $16K across 16 grants.
What is Jones Memorial Scholarship Fund XXXXX9000's typical grant size?
Jones Memorial Scholarship Fund XXXXX9000's median grant in 2025 was $870, and its average grant was $870, across 19 grants on its 2025 IRS Form 990-PF.
Where does Jones Memorial Scholarship Fund XXXXX9000 give grants?
Jones Memorial Scholarship Fund XXXXX9000 gives mostly in Illinois: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.
Does Jones Memorial Scholarship Fund XXXXX9000 give general operating support?
Not in 2025: none of the 19 grants with a stated purpose on Jones Memorial Scholarship Fund XXXXX9000's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (19 grants).
How large is Jones Memorial Scholarship Fund XXXXX9000?
Jones Memorial Scholarship Fund XXXXX9000 reported $428K in total assets on its 2025 IRS Form 990-PF. It paid out $21K in qualifying distributions that year, against a required minimum of $23K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
How do I apply for a grant from Jones Memorial Scholarship Fund XXXXX9000?
The 2023 filing directs applicants to submit forms and materials through an online grants process; it states that there are no restrictions on awards. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Jones Memorial Scholarship Fund XXXXX9000's EIN?
Jones Memorial Scholarship Fund XXXXX9000's EIN (Employer Identification Number) is 36-6760778. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS February 7, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS July 19, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 7, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 6, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 5, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS February 6, 2025)
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