Mike & Carolyn Jones Foundation

TABOR CITY, NC EIN: 20-1997491

Mike & Carolyn Jones Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TABOR CITY, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 44 grants totaling $72K. Net investment income was $47K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.9M

+37.6% YoY

Annual Giving

$72K

+25.5% YoY

Grant Count

44

+46.7% YoY

Avg Grant Size

$2K

-14.4% YoY

About Mike & Carolyn Jones Foundation

Based on IRS filings

Mike & Carolyn Jones Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TABOR CITY, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 44 grants totaling $72K. Net investment income was $47K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

AlcoluAllentownBeltonBooneBurlingtonChapel HillCincinnatiClemsonColorado SpringsConwayEvergreenGarden ValleyHuntersvilleLake WaccamawLongsLorisMyrtle BeachNorth Myrtle BeachPawleys IslandPeoria

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$163K$326K$488K$651K20202021202220232024
Metric202420232022
Total Assets$1,893,576$1,376,228$1,322,585
Revenue$592,114$114,935$439,222
Expenses$74,766$61,292$45,855
Qualifying Distributions$72,350$57,640$42,100
Net Investment Income$47,488$37,019$137,344
Distributable Amount$82,892$72,170$57,678

Giving Over Time

Total grant dollars and number of grants per year

$0$18K$36K$54K$72K21 grants202023 grants202126 grants202230 grants202344 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

FIRST PRESBYTERIAN CHURCH$16KMEREDITH COLLEGE$8KSAMARITAN'S PURSE$6KBROOKGREEN GARDENS$5KCOLUMBUS JOBS FOUNDATION$5KTABOR CITY COMMITTEE OF …$5KCOASTAL CAROLINA UNIVERS…$3KWELLSPRING CHURCH MYRTLE…$3KNEW DIRECTIONS$2KBOYS AND GIRLS HOMES OF NC$1K

Grant Size Distribution

144 grants across all recorded years

144<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

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

NameTitleHoursCompensation
MICHAEL K JONESCHAIRMAN, TREASURER3
CAROLYN N JONESVICE-CHAIRMAN, SECRETARY2

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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