Paul L Jones Fund
The Paul L Jones Fund is a private foundation based in Waterbury, Connecticut. Its 2025 filing reports grants to Connecticut educational institutions, with each listed grant designated for scholarships.
Paul L Jones Fund at a glance
In short: Paul L Jones Fund gave $410K across 14 grants in 2025 (avg $29K), mostly in Connecticut. 0% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $410,000
- +0.0% vs 2024
- Grants made (2025)
- 14
- -6.7% vs 2024
- Average grant
- $29,286
- +7.1% vs 2024
- Median grant
- $20,000
- Total assets
- $4,821,164
- +4.0% vs 2024
- New grantees (estimate)
- 0% first-time grantees (0 of 10, 2025; small sample)
- Primary geography
- Connecticut (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. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Paul L Jones Fund
- Accepts unsolicited proposals
- No
- How to Apply
-
The fund states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 123 Bank Street, Waterbury, CT 06702
Phone: (860) 692-1751
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Paul L Jones Fund funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Fairfield University ($40K). Together the top 10 received $300K.
Organizations only. It also paid 4 individual scholarships ($110,000), which are not listed by name.
Grant Size Distribution
72 grants across all recorded years
The most common grant size was under $50K: 71 grants of 72 (99%).
Geographic Focus
Where this funder awards grants
All reported 2025 grant dollars went to recipients in Connecticut.
Grant Distribution by State
Share of 2025 grant dollars across all 14 itemized grants.
States
Cities
Is Paul L Jones Fund open to new grantees?
0%
first-time grantees, 2025
In 2025, 0 of 10 grantees (0%) were first-time recipients. With only 10 grantees, that is a small sample: one grantee more or less moves the share by about 10 points. How we count
- 100% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+8%). Method
- In 2025 it paid out 88% 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 $350K (2019) to $410K (2025). In 2025 it made 14 grants totaling $410K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 4 individual scholarships Recipients not named | — | $110,000 |
| Fairfield University Fairfield, CT | Scholarships | $40,000 |
| Manchester Community College Foundation Manchester, CT | Scholarships | $40,000 |
| Quinnipiac University Hamden, CT | Scholarships | $40,000 |
| University of Connecticut Foundation Storrs, CT | Scholarships | $40,000 |
| University of St Joseph Hartford, CT | Scholarships | $40,000 |
| Albertus Magnus College New Haven, CT | Scholarships | $20,000 |
| CCSU Foundation New Britain, CT | Scholarships | $20,000 |
| Middlesex Community College Foundation Middletown, CT | Scholarships | $20,000 |
| St Vincent's Medical Center Foundation Bridgeport, CT | Scholarships | $20,000 |
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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 | $4,821,164 | $674,244 | $484,402 | $410,000 | 14 | $411,525 | $609,844 | $470,109 |
| 2024 | $4,635,540 | $751,795 | $484,644 | $410,000 | 15 | $415,165 | $691,934 | $407,596 |
| 2023 | $4,367,562 | $443,830 | $462,751 | $400,000 | 15 | $401,400 | $387,870 | $373,151 |
| 2022 | $4,383,092 | $120,282 | $444,295 | $380,000 | 14 | $382,733 | $97,041 | $431,010 |
| 2021 | $4,707,105 | $469,613 | $444,926 | $380,000 | 14 | — | $76,110 | $437,984 |
| 2019 | $4,922,338 | $297,572 | $410,518 | $350,000 | 13 | — | $244,912 | $358,220 |
Under IRS private-foundation payout rules, Paul L Jones Fund reported a distributable amount of $470K 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 fund is provided. The 2025 grants show support for colleges and universities, including institutions whose own stated missions describe providing higher education, liberal arts and sciences instruction, and educational opportunities in Connecticut. For example, Fairfield University describes its mission as conducting secondary, undergraduate, and graduate education in Connecticut; Albertus Magnus College describes providing instruction in the liberal arts and sciences and conferring degrees.
Grantmaking
In 2025, the fund reported 14 grants totaling $410,000. Grant amounts ranged from $20,000 to $50,000, with a median of $20,000. All listed 2025 grants were designated for scholarships. Notable recipients included an individual recipient at Sacred Heart University ($50,000); Fairfield University, Manchester Community College Foundation, Quinnipiac University, University of Connecticut Foundation, and University of St Joseph ($40,000 each); and Albertus Magnus College, CCSU Foundation, Middlesex Community College Foundation, an individual recipient State University Foundation, an individual recipient Medical Center Foundation, and an individual recipient Community College ($20,000 each).
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Webster Bank NA as trustee.
Paul L Jones Fund's only listed officer is Webster Bank NA, Trustee on every filing since 2019 (compensated).
Officers on the 2025 filing
Webster Bank NA
Trustee
On filings since 2019
2 hrs/week
$53K (2019) → $64K (2025)
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 $64K, to Webster Bank NA (Trustee).
Frequently asked questions about Paul L Jones Fund
How much does Paul L Jones Fund give each year?
Paul L Jones Fund gave $410K across 14 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $410K across 15 grants.
What is Paul L Jones Fund's typical grant size?
Paul L Jones Fund's median grant in 2025 was $20,000, and its average grant was $29,286, across 14 grants on its 2025 IRS Form 990-PF.
Where does Paul L Jones Fund give grants?
Paul L Jones Fund gives mostly in Connecticut: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Bridgeport, CT (2 grants).
Does Paul L Jones Fund give general operating support?
Not in 2025: none of the 14 grants with a stated purpose on Paul L Jones Fund's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarships" (14 grants).
Who are Paul L Jones Fund's largest grantees?
Paul L Jones Fund's largest 2025 grantees include Fairfield University ($40,000), Manchester Community College Foundation ($40,000) and Quinnipiac University ($40,000), according to its 2025 IRS Form 990-PF. It also paid 4 individual scholarships ($110,000), which are not listed by name. Together they received 29% of its itemized 2025 grant dollars.
How large is Paul L Jones Fund?
Paul L Jones Fund reported $4.8M in total assets on its 2025 IRS Form 990-PF. It paid out $412K in qualifying distributions that year, against a required minimum of $470K (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 Paul L Jones Fund fund?
No mission statement for the fund is provided. The 2025 grants show support for colleges and universities, including institutions whose own stated missions describe providing higher education, liberal arts and sciences instruction, and educational opportunities in Connecticut. See mission & focus areas ↑
How do I apply for a grant from Paul L Jones Fund?
The fund states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Paul L Jones Fund's EIN?
Paul L Jones Fund's EIN (Employer Identification Number) is 06-6222118. IRS Form 990 filing data is available on this page for 2019–2025.
Does Paul L Jones Fund accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 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 2019 (received by the IRS February 5, 2020)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS December 15, 2021)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS January 19, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS January 24, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS January 27, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 5, 2026)
- IRS filings on file for fiscal years 2019–2025
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Cite this profile
Grantable. (2026). Paul L Jones Fund funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/paul-l-jones-fund-morg_e3c245ab05dc4bf4bb1d958d86b3533c
BibTeX
@misc{grantable_066222118_2026,
author = {{Grantable}},
title = {{Paul L Jones Fund funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/paul-l-jones-fund-morg_e3c245ab05dc4bf4bb1d958d86b3533c},
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 Paul L Jones Fund'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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