The Herbert Jones Foundation

SEATTLE, WA EIN: 94-3124801

The Herbert Jones Foundation is a private foundation based in Seattle, Washington, established in 1989. The foundation promotes small business and entrepreneurship through programs managed by post-secondary educational institutions.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$17.2M

+27.2% YoY

Annual Giving

$742K

-13.6% YoY

Grant Count

9

-10.0% YoY

Avg Grant Size

$82K

-4.0% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary focus is supporting entrepreneurship and small business development. Key funding areas include:

  • Entrepreneurship programs and centers
  • Business plan competitions and awards
  • Student launch initiatives and business awards
  • Campus course development related to entrepreneurship
  • Social venture competitions

Grantmaking

The foundation does not accept unsolicited applications and operates on an invite-only basis.

Grant Range

$25,000 to $222,000

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Geographic Focus

Where this funder awards grants

The foundation restricts its grantmaking to Washington State organizations.

Grant Distribution by State

1states

States

Cities

CheneyEllensburgOlympiaPort TownsendPullmanRentonSeattleShorelineSpokaneTacoma

Financial History

Multi-year comparison from IRS filings

Assets & Giving (as of August 2024):

  • Total assets: $17,154,948
  • Total giving: $742,063
  • Total revenues: $4,499,266
  • Total expenses: $835,922
  • Giving rate: 4.2% of assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$4M$5M20202021202220232024
Metric202420232022
Total Assets$17,154,948$13,491,604$13,207,242
Revenue$4,499,266$1,278,641$2,615,066
Expenses$835,922$994,279$821,824
Qualifying Distributions$760,140$911,811$733,485
Net Investment Income$4,428,553$1,244,790$2,579,169
Distributable Amount$765,974$761,777$811,724

Giving Over Time

Total grant dollars and number of grants per year

$0$215K$429K$644K$859K13 grants202012 grants202111 grants202210 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

EASTERN WASHINGTON UNIVE…$222KNW SCHOOL FOR DEAF AND H…$139KWASHINGTON STATE UNIVERS…$110KCENTRAL WASHINGTON UNIVE…$100KSEATTLE UNIVERSITY$45KUNIVERSITY OF WASHINGTON$45KSEATTLE PACIFIC UNIVERSITY$33KVENTURES$25KENTERPRISE FOR EQUITY$23K

Grant Size Distribution

55 grants across all recorded years

35<$50K5$50–100K14$100–250K1$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
TERRY SMITHTRUSTEE1
TOM CRHATRUSTEE1
TAMMY MILLERTRUSTEE1
KAYLEE JAECHTRUSTEE1
MANDY HOTRUSTEE1
RENE WAGNERTRUSTEE1

Contact Information

  • Address: 1301 5th Ave Ste 2400, Seattle, WA 98101-2648
  • Telephone: 425-709-4209
  • Website: www.hbjfoundation.com

Related Funders

Similar funders by location and focus area

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

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