The Jones Family Scholarship Foundation Inc

ISSAQUAH, WA EIN: 59-3543623

The Jones Family Scholarship Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ISSAQUAH, WA. IRS filing data is available for 2020. As of 2020, the organization holds $13K in total assets. In 2020, it awarded 1 grants totaling $24K. Net investment income was $1.

Financial Overview

From 2020 IRS Form 990-PF · View filing

Total Assets

$13K

Annual Giving

$24K

Grant Count

Avg Grant Size

$24K

Under IRS private-foundation payout rules, The Jones Family Scholarship Foundation Inc reported a distributable amount of $722 for 2020 — the minimum it must pay out in qualifying distributions.

About The Jones Family Scholarship Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Utah $24K (100%)

States

Utah

Cities

Provo

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2020
Total Assets	$12,890
Revenue	$20,001
Expenses	$24,000
Qualifying Distributions	—
Net Investment Income	$1
Distributable Amount	$722

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2020

Grant Size Distribution

1 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2020 grants, the largest include Brigham Young University ($24,000).

Recipient	Purpose	Amount
BRIGHAM YOUNG UNIVERSITY PROVO, UT	PROGRAM SUPPORT	$24,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2020 IRS filing

From 2020 filing

Name	Title	Hours	Compensation
CLIFFORD L JONES	PRESIDENT	5	—
LINDA L JONES	SECRETARY	5	—
JEFFERY E JONES	TREASURER	5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Jones Family Scholarship Foundation Inc?

The Jones Family Scholarship Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in ISSAQUAH, WA. It holds $13K in total assets as of 2020.

How large is The Jones Family Scholarship Foundation Inc?

As of 2020, The Jones Family Scholarship Foundation Inc holds $13K in total assets with $20K in annual revenue. It awarded 1 grants totaling $24K in 2020.

Where does The Jones Family Scholarship Foundation Inc operate?

The Jones Family Scholarship Foundation Inc has awarded grants in Utah.

What size grants does The Jones Family Scholarship Foundation Inc award?

In 2020, The Jones Family Scholarship Foundation Inc awarded 1 grants totaling $24K — an average of about $24K per grant, based on its IRS Form 990 filings.

How much is The Jones Family Scholarship Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2020, The Jones Family Scholarship Foundation Inc reported a distributable amount of $722 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Jones Family Scholarship Foundation Inc's EIN?

The Jones Family Scholarship Foundation Inc's EIN (Employer Identification Number) is 59-3543623. IRS Form 990 filing data is available on this page for 2020.