Mike & Carolyn Jones Foundation
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
Under IRS private-foundation payout rules, Mike & Carolyn Jones Foundation reported a distributable amount of $83K for 2024 — the minimum it must pay out in qualifying distributions.
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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
144 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include First Presbyterian Church ($16,000), Meredith College ($8,000), Samaritan's Purse ($6,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 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 |
| BROOKGREEN GARDENS PAWLEYS ISLAND, SC | PRESERVATION OF SOUTH CAROLINA'S NATIVE FLORA AND FAUNA & DISPLAY/PRESERVATION OF GARDEN SCULPTURES | $5,000 |
| CAMPUS OUTREACH - MEISENHEIMERS CLEMSON, SC | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $800 |
| COASTAL CAROLINA UNIVERSITY RESEARCH FOUNDATION CONWAY, SC | TO SUPPORT COASTAL CAROLINA UNIVERSITY | $3,100 |
| COLUMBUS JOBS FOUNDATION WHITEVILLE, NC | TO FUND EVERYDAY ACTIVITIES PROMOTING JOB GROWTH AND CREATION IN COLUMBUS COUNTY. | $5,000 |
| FELLOWSHIP OF CHRISTIAN ATHLETES MYRTLE BEACH, SC | PROVIDING CHRISTIAN MINISTRY SERVICES TO ATHLETES AND COACHES | $500 |
| FIRST PRESBYTERIAN CHURCH MYRTLE BEACH, SC | PROVIDE CHRISTIAN MINISTRY & SUPPORT SERVICES AT THE LOCAL AND GLOBAL LEVELS | $16,000 |
| FREEDOM READERS INC SURFSIDE BEACH, SC | TO SUPPORT LITERACY OF CHILDREN. | $500 |
| GLOBAL TRAINING NETWORK PEORIA, AZ | TO FUND EVERYDAY ACTIVITIES TRAINING PASTORS AROUND THE WORLD. | $1,000 |
| LIFELINE CHILDREN'S SERVICES MYRTLE BEACH, SC | TO SUPPORT SERIVCES THAT EQUIP THE BODY OF CHRIST TO MANIFEST THE GOSPEL TO VULNERABLE CHILDREN. | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL K JONES | CHAIRMAN, TREASURER | 3 | — |
| CAROLYN N JONES | VICE-CHAIRMAN, SECRETARY | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mike & Carolyn Jones Foundation?
Mike & Carolyn Jones Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TABOR CITY, NC. It holds $1.9M in total assets as of 2024.
How large is Mike & Carolyn Jones Foundation?
As of 2024, Mike & Carolyn Jones Foundation holds $1.9M in total assets with $592K in annual revenue. It awarded 44 grants totaling $72K in 2024.
Where does Mike & Carolyn Jones Foundation operate?
Mike & Carolyn Jones Foundation has awarded grants in Arizona, Colorado, North Carolina, Ohio, Pennsylvania, South Carolina, Texas.
What size grants does Mike & Carolyn Jones Foundation award?
In 2024, Mike & Carolyn Jones Foundation awarded 44 grants totaling $72K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Mike & Carolyn Jones Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Mike & Carolyn Jones Foundation reported a distributable amount of $83K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in Mike & Carolyn Jones Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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