The Pete and Jenny Jones Foundation

PARK CITY, UT EIN: 26-0703572

The Pete and Jenny Jones Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PARK CITY, UT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $58K in total assets. In 2024, it awarded 7 grants totaling $25K. Net investment income was $2K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$58K

-33.0% YoY

Annual Giving

$25K

+208.0% YoY

Grant Count

7

-12.5% YoY

Avg Grant Size

$4K

+252.0% YoY

Under IRS private-foundation payout rules, The Pete and Jenny Jones Foundation reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.

About The Pete and Jenny Jones Foundation

Based on IRS filings

The Pete and Jenny Jones Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PARK CITY, UT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $58K in total assets. In 2024, it awarded 7 grants totaling $25K. Net investment income was $2K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

11states
+3 more states

Cities

CharlotteColorado SpringsDallasGainsevilleMadisonPark CityRedwood CityRye BrookShawneeSouth HillWacoWheaton

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$28K$56K$84K$113K20202021202220232024
Metric202420232022
Total Assets$57,513$85,873$90,428
Revenue$2,483$4,456$14,263
Expenses$30,843$9,011$102,424
Qualifying Distributions$25,033$8,127$95,640
Net Investment Income$2,483$3,709
Distributable Amount$3,693$4,080$6,407

Giving Over Time

Total grant dollars and number of grants per year

$0$24K$48K$71K$95K8 grants202011 grants202111 grants20228 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

YOUNG LIFE$7KOKLAHOMA BAPTIST UNIVERS…$5KLITTLE P PROJECT$5KKINGDOM STRATEGIES LLC$5KPARK CITY PASSING$2KPARK CITY EDUCATION$521JEREMY RANCH ELEMENTARY$500

Grant Size Distribution

45 grants across all recorded years

45<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Young Life ($7,080), Oklahoma Baptist University ($5,182), Little P Project ($5,150).

RecipientPurposeAmount
JEREMY RANCH ELEMENTARY PARK CITY, UTTO CARRY OUT THE RECIPIENT ORGANIZATION'S MISSION$500
LITTLE P PROJECT PARK CITY, UTTO CARRY OUT THE RECIPIENT ORGANIZATION'S MISSION$5,150
PARK CITY EDUCATION PARK CITY, UTTO CARRY OUT THE RECIPIENT ORGANIZATION'S MISSION$521
PARK CITY PASSING PARK CITY, UTTO CARRY OUT THE RECIPIENT ORGANIZATION'S MISSION$1,600
YOUNG LIFE COLORADO SPRINGS, COTO CARRY OUT THE RECIPIENT ORGANIZATION'S MISSION$7,080
KINGDOM STRATEGIES LLC SOUTH HILL, VAPAYMENT TO THIRD-PARTY CONTRACTOR FOR WEBSITE DEVELOPMENT TO SUPPORT CHURCH CAHARITABLE ACTIVITIES$5,000
OKLAHOMA BAPTIST UNIVERSITY SHAWNEE, OKTO CARRY OUT THE RECIPIENT ORGANIZATION'S MISSION$5,182

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
EUGENE G JONESDIRECTOR2
JENNY LEE JONESDIRECTOR2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Pete and Jenny Jones Foundation?

The Pete and Jenny Jones Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PARK CITY, UT. It holds $58K in total assets as of 2024.

How large is The Pete and Jenny Jones Foundation?

As of 2024, The Pete and Jenny Jones Foundation holds $58K in total assets with $2K in annual revenue. It awarded 7 grants totaling $25K in 2024.

Where does The Pete and Jenny Jones Foundation operate?

The Pete and Jenny Jones Foundation has awarded grants in California, Colorado, Georgia, Illinois, North Carolina, New York, Oklahoma, Texas, Utah, Virginia, Wisconsin.

What size grants does The Pete and Jenny Jones Foundation award?

In 2024, The Pete and Jenny Jones Foundation awarded 7 grants totaling $25K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is The Pete and Jenny Jones Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Pete and Jenny Jones Foundation reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Pete and Jenny Jones Foundation's EIN?

The Pete and Jenny Jones Foundation's EIN (Employer Identification Number) is 26-0703572. IRS Form 990 filing data is available on this page for 2020–2024.

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Related Funders

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

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