Melvin W Jones Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WINSTONSALEM, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it made $2K in qualifying distributions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.0M
+4724.1% YoY
Revenue
$1.0M
+21674.8% YoY
Qualifying Distributions
$2K
+25.0% YoY
Expenses
$5K
-14.1% YoY
Under IRS private-foundation payout rules, Melvin W Jones Foundation reported a distributable amount of $50K for 2024 — the minimum it must pay out in qualifying distributions.
About Melvin W Jones Foundation
Based on IRS filings
Melvin W Jones Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WINSTONSALEM, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it made $2K in qualifying distributions.
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 | $1,018,039 | $21,103 | $21,761 |
| Revenue | $1,001,643 | $4,600 | $4,571 |
| Expenses | $4,539 | $5,283 | $5,547 |
| Qualifying Distributions | $1,963 | $1,571 | $3,810 |
| Net Investment Income | — | — | — |
| Distributable Amount | $50,080 | $1,047 | $1,054 |
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
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KENNETH D FORD | PRESIDENT, DIRECTOR | 4 | — |
| PHYLLIS L JONES | SECRETARY, DIRECTOR | 4 | — |
| BENJAMIN O JONES | TREASURER, DIRECTOR | 2 | — |
| LOUISE BURKS | DIRECTOR | 2 | — |
| DWIGHT E JONES | DIRECTOR | — | — |
| WAYNE A WEST | DIRECTOR | — | — |
| RICHARD D JONES | DIRECTOR | — | — |
| ANITA ALLEN-SMITH | DIRECTOR | — | — |
| DARRELL M JONES | DIRECTOR | — | — |
| DR ERIC E LEE | VICE-PRES./DIRECTOR | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Melvin W Jones Foundation?
Melvin W Jones Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WINSTONSALEM, NC. It holds $1.0M in total assets as of 2024.
How large is Melvin W Jones Foundation?
As of 2024, Melvin W Jones Foundation holds $1.0M in total assets with $1.0M in annual revenue.
Where does Melvin W Jones Foundation operate?
Melvin W Jones Foundation has awarded grants in Nebraska.
How much is Melvin W Jones Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Melvin W Jones Foundation reported a distributable amount of $50K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Melvin W Jones Foundation's EIN?
Melvin W Jones Foundation's EIN (Employer Identification Number) is 71-0891914. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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