Mike & Carolyn Jones Foundation
The Mike & Carolyn Jones Foundation is a private foundation based in Tabor City, North Carolina. It makes grants to charitable organizations, with its 2025 filing stating that qualifying distributions will go primarily to charities in southeastern North Carolina and northeastern South Carolina.
Mike & Carolyn Jones Foundation at a glance
In short: Mike & Carolyn Jones Foundation gave $83K across 39 grants in 2025 (avg $2K), mostly in South Carolina. 5% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $82,700
- +14.3% vs 2024
- Grants made (2025)
- 39
- -11.4% vs 2024
- Average grant
- $2,121
- +29.0% vs 2024
- Median grant
- $500
- Total assets
- $2,368,102
- +25.1% vs 2024
- New grantees (estimate)
- 5% first-time grantees (2 of 39, 2025)
- Primary geography
- South Carolina (71% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Mike & Carolyn Jones Foundation
- Accepts unsolicited proposals
- Yes
- How to Apply
-
The foundation accepts unsolicited requests and does not restrict giving to preselected organizations. Its filing states that there are no set specifications for application materials and identifies Michael K. Jones as the contact. Qualifying distributions are to be made to charities primarily located in southeastern North Carolina and northeastern South Carolina.
- Contact
Application contact: Michael K Jones
Mailing address: PO Box 674, Tabor City, NC 28463
Phone: (910) 653-4001
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Mike & Carolyn Jones Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Brookgreen Gardens ($22K). Together the top 10 received $65K.
Grant Size Distribution
162 grants across all recorded years
The most common grant size was under $50K: 162 grants of 162 (100%).
Geographic Focus
Where this funder awards grants
The foundation states that qualifying distributions will be made primarily to charities in southeastern North Carolina and northeastern South Carolina. In 2025, 71% of grant dollars went to recipients in South Carolina and 26% to recipients in North Carolina; 1% each went to recipients in Arizona, Ohio, and Texas.
Grant Distribution by State
Share of 2025 grant dollars across all 39 itemized grants.
Cities
Is Mike & Carolyn Jones Foundation open to new grantees?
5%
first-time grantees, 2025
In 2025, 2 of 39 grantees (5%) were first-time recipients. First grants averaged $2K; repeat grants $2K. How we count
Medians: $2K first-time, $500 repeat.
- 95% of 2025 grantees were also funded in 2024. Method
- Giving grew 96% from 2022 to 2025. Method
- In 2025 it paid out 71% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $22K (2019) to $83K (2025). In 2025 it made 39 grants totaling $83K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Brookgreen Gardens Pawleys Island, SC | Preservation of South Carolina's native flora and fauna & display/preservation of garden sculptures | $22,000 |
| First Presbyterian Church Myrtle Beach, SC | Provide christian ministry & support services at the local and global levels | $20,100 |
| Meredith College Raleigh, NC | Providing higher education to students and preparing them for the professional world | $8,000 |
| Tabor City Committee of 100 Tabor City, NC | To fund everyday acivities promoting community development within the social services sector. | $5,000 |
| Wellspring Church Myrtle Beach Myrtle Beach, SC | To Support the Wellspring Church. | $2,500 |
| First Baptist Church Wallace NC Wallace, NC | To Further the Exempt Purpose of the Organization | $2,500 |
| New Directions Burlington, NC | Resources to those who served in the military to lead fulfilling lives | $1,500 |
| Boys & Girls Club of Grand Strand Myrtle Beach, SC | To Further the Exempt Purpose of the Organization | $1,000 |
| Boys and Girls Homes of NC Lake Waccamaw, NC | To support the needs of vulnerable children by addressing their physical, emotional, social, educational, and spiritual needs. | $1,000 |
| Coastal Carolina University Research Foundation Conway, SC | To Support Coastal Carolina University | $1,000 |
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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 | $2,368,102 | $559,726 | $85,200 | $82,700 | 39 | $82,700 | $58,476 | $116,388 |
| 2024 | $1,893,576 | $592,114 | $74,766 | $72,350 | 44 | $72,350 | $47,488 | $82,892 |
| 2023 | $1,376,228 | $114,935 | $61,292 | $57,640 | 30 | $57,640 | $37,019 | $72,170 |
| 2022 | $1,322,585 | $439,222 | $45,855 | $42,100 | 26 | $42,100 | $137,344 | $57,678 |
| 2021 | $929,218 | $207,274 | $39,181 | $32,900 | 23 | $33,879 | $10,412 | $43,250 |
| 2020 | $761,125 | $285,367 | $28,473 | $25,600 | 21 | — | $184,377 | $33,474 |
| 2019 | $504,231 | $141,607 | $24,329 | $21,739 | 22 | — | $40,641 | $26,468 |
Under IRS private-foundation payout rules, Mike & Carolyn Jones Foundation reported a distributable amount of $116K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its grants show support for organizations working in areas including gardens and conservation, religious ministry, education, community development, food access, and services for children and veterans.
Grantee missions illustrate this range. Brookgreen Gardens says it collects, preserves, and exhibits American sculpture and South Carolina’s native flora and fauna. Meredith College describes its work as educating and inspiring students through liberal arts and professional preparation. Lowcountry Food Bank says it works to advance equitable, dignified, and consistent access to food. New Directions says it empowers veterans and their families to lead productive and fulfilling lives.
Grantmaking
In 2025, the foundation awarded 39 grants totaling $82,700. Grant amounts ranged from $300 to $22,000, with a median of $500. Notable grants included $22,000 to Brookgreen Gardens, $20,100 to First Presbyterian Church in Myrtle Beach, $8,000 to Meredith College, and $5,000 to Tabor City Committee of 100.
Leadership & Key People
Leadership team and compensation from IRS filings
- Michael K. Jones — Chairman, Treasurer
- Carolyn N. Jones — Vice-Chairman, Secretary
Mike & Carolyn Jones Foundation is led by Michael K. Jones, Chairman & Treasurer on every filing since 2019; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Michael K. Jones
Chairman & Treasurer
On filings since 2019
3 hrs/week
No compensation reported
Carolyn N. Jones
Vice Chairman & Secretary
On filings since 2019
2 hrs/week
No compensation reported
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.
Frequently asked questions about Mike & Carolyn Jones Foundation
How much does Mike & Carolyn Jones Foundation give each year?
Mike & Carolyn Jones Foundation gave $83K across 39 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $72K across 44 grants.
What is Mike & Carolyn Jones Foundation's typical grant size?
Mike & Carolyn Jones Foundation's median grant in 2025 was $500, and its average grant was $2,121, across 39 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Mike & Carolyn Jones Foundation that year got $2K on average.
Where does Mike & Carolyn Jones Foundation give grants?
Mike & Carolyn Jones Foundation gives mostly in South Carolina: 71% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was North Carolina (26%). The most frequent recipient cities were Myrtle Beach, SC (16 grants) and Conway, SC (3 grants).
Who are Mike & Carolyn Jones Foundation's largest grantees?
Mike & Carolyn Jones Foundation's largest 2025 grantees include Brookgreen Gardens ($22,000), First Presbyterian Church ($20,100) and Meredith College ($8,000), according to its 2025 IRS Form 990-PF. Together they received 61% of its itemized 2025 grant dollars.
How large is Mike & Carolyn Jones Foundation?
Mike & Carolyn Jones Foundation reported $2.4M in total assets on its 2025 IRS Form 990-PF. It paid out $83K in qualifying distributions that year, against a required minimum of $116K (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.
What does Mike & Carolyn Jones Foundation fund?
No mission statement for the foundation is provided. Its grants show support for organizations working in areas including gardens and conservation, religious ministry, education, community development, food access, and services for children and veterans. See mission & focus areas ↑
How do I apply for a grant from Mike & Carolyn Jones Foundation?
The foundation accepts unsolicited requests and does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Mike & Carolyn Jones Foundation's EIN?
Mike & Carolyn Jones Foundation's EIN (Employer Identification Number) is 20-1997491. IRS Form 990 filing data is available on this page for 2019–2025.
Does Mike & Carolyn Jones Foundation accept unsolicited proposals?
Yes, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 5, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 1, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 7, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 24, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 2, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 30, 2024)
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Cite this profile
Grantable. (2026). Mike & Carolyn Jones Foundation funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/mike-and-carolyn-jones-foundation-morg_813a9ff719b24b548b38b66fa8b159ff
BibTeX
@misc{grantable_201997491_2026,
author = {{Grantable}},
title = {{Mike \& Carolyn Jones Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/mike-and-carolyn-jones-foundation-morg_813a9ff719b24b548b38b66fa8b159ff},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Mike & Carolyn Jones Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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