The Jonas Foundation

LENOIR, NC EIN: 56-1459346

The Jonas Foundation is a private foundation based in Lenoir, North Carolina, established in 1986. As a 501(c)(3) organization, it operates as a grantmaking foundation with a focus on supporting charitable causes primarily in North Carolina, with some activity in Nebraska and Minnesota.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.6M

-1.1% YoY

Annual Giving

$430K

-32.1% YoY

Grant Count

-5.6% YoY

Avg Grant Size

$25K

-28.1% YoY

Under IRS private-foundation payout rules, The Jonas Foundation reported a distributable amount of $611K for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation's primary funding areas include:

Education
Philanthropy, Voluntarism & Grantmaking
Human Services
Medical care and prescriptions
Scholarship funds
Recreational matching funds

Grantmaking

The foundation does not accept unsolicited applications. Grantmaking is by invitation only.

Grant Range

$8,000–$325,000

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in North Carolina, with some grants made to organizations in Nebraska and Minnesota.

Grant Distribution by State

North Carolina $2.3M (97%)

Nebraska $48K (2%)

Minnesota $12K (1%)

States

Minnesota North Carolina Nebraska

Cities

AshevilleHickoryHudsonLenoirMRaleigh

Financial History

Multi-year comparison from IRS filings

As of June 2024:

Total assets: $5,580,444
Total revenues: $376,774
Total expenses: $432,965
Investment income and dividends: $376,774
Giving rate: 7.7% of assets
Number of employees: 0

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$5,580,444	$5,642,665	$5,986,729
Revenue	$376,774	$296,489	$344,031
Expenses	$432,965	$635,383	$649,020
Qualifying Distributions	$430,000	$633,133	$647,000
Net Investment Income	$375,006	$380,102	$354,786
Distributable Amount	$611,471	$636,324	$657,875

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

75 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Caldwell Memorial Hospital Foudation ($95,000), Caldwell Hospice & Pallative Care ($50,000), Caldwell County Yokefellow ($45,000).

Recipient	Purpose	Amount
CALDWELL COMMUNITY COLLEGE FOUNDATION LENOIR, NC	CAMPAIGN CONTRIBUTIONS	$12,500
CALDWELL COUNTY HABITAT FOR HUMANITY LENOIR, NC	CONTRIBUTIONS	$15,000
CALDWELL COUNTY UNITED WAY LENOIR, NC	CAMPAIGN CONTRIBUTIONS	$30,000
CALDWELL COUNTY YOKEFELLOW LENOIR, NC	CONTRIBUTIONS	$45,000
CALDWELL HOSPICE & PALLATIVE CARE LENOIR, NC	CONTRIBUTIONS	$50,000
CALDWELL MEMORIAL HOSPITAL FOUDATION LENOIR, NC	CONTRIBUTIONS	$95,000
CALDWELL OPPORTUNITIES LENOIR, NC	CONTRIBUTIONS	$8,000
COMMUNITIES IN SCHOOLS CALDWELL CO LENOIR, NC	CONTRIBUTIONS	$10,000
EPISCOPAL DIOCESE OF WESTERN NC ASHEVILLE, NC	PROGRAM CONTRIBUITONS	$15,000
HARPER SCHOOL OF PERFORMING ARTS LENOIR, NE	PROGRAM CONTRIBUTIONS	$15,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
AG JONAS	PRESIDENT/TREASURER	1	—
JOYCE BUMGARNER	SECRETARY	1	—

Recent Activity

Recent developments and announcements

2024

The foundation made 17-21 grants in its most recent fiscal year ending June 2024, with grantees including community foundations, educational institutions, and human services organizations in the Lenoir area and surrounding regions.

Frequently Asked Questions

What does The Jonas Foundation fund?

The foundation's primary funding areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Medical care and prescriptions • Scholarship funds • Recreational matching funds

How do I apply for a grant from The Jonas Foundation?

**Grant Activity:** • Total annual giving: $430,000 (2024) • Number of grants: 17-21 grants annually • Grant range: $8,000–$325,000 • Median grant size: $20,000 **Recent Grants (2024):** • Amorem: $50,000 (Contributions) • Caldwell County Yokefellow: $45,000 (Contributions) • Lenoir-Rhyne University: $25,000 (Program Contributions) **Application Policy:** The foundation does not accept unsolicited applications. Grantmaking is by invitation only.

Where does The Jonas Foundation make grants?

The foundation primarily funds organizations in North Carolina, with some grants made to organizations in Nebraska and Minnesota.

What size grants does The Jonas Foundation award?

In 2024, The Jonas Foundation awarded 17 grants totaling $430K — an average of about $25K per grant, based on its IRS Form 990 filings.

How much is The Jonas Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Jonas Foundation reported a distributable amount of $611K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.