Thomas B Jones & Grace Stevenson Jones
Thomas B Jones & Grace Stevenson Jones is an independent private foundation established in 1988 in Illinois. The foundation is based in Evansville, Indiana and focuses on providing educational support to students in specific geographic regions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$1.3M
+1711.7% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$1.3M
+1711.7% YoY
Under IRS private-foundation payout rules, Thomas B Jones & Grace Stevenson Jones reported a distributable amount of $50K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation awards scholarships to residents of Grant County, Iowa, or Lafayette County, Wisconsin who are attending four-year colleges or universities.
Grantmaking
The foundation provides scholarship awards to qualifying students. The Thomas B. and Grace Stevenson Jones Charitable Scholarship is administered through community foundation partnerships and represents an active funding opportunity for eligible applicants.
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking is geographically limited to:
- Grant County, Iowa
- Lafayette County, Wisconsin
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
EIN: 36-3470630
Location: PO Box 207, Evansville, IN 47702-0207
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | $1,334,053 | $1,365,326 |
| Revenue | $24,008 | $63,105 | $-62,822 |
| Expenses | $1,359,264 | $95,870 | $115,605 |
| Qualifying Distributions | $1,356,331 | $91,915 | $106,324 |
| Net Investment Income | $21,055 | $57,044 | $24,922 |
| Distributable Amount | $49,729 | $67,948 | $71,729 |
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 2024
Grant Size Distribution
45 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Dekalb County Community Foundation ($1,340,689).
| Recipient | Purpose | Amount |
|---|---|---|
| DEKALB COUNTY COMMUNITY FOUNDATION SYCAMORE, IL | PROGRAM SUPPORT | $1,340,689 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| OLD NATIONAL WEALTH MANAGEMENT | TRUSTEE | 1 | $7,300 |
Recent Activity
Recent developments and announcements
The Thomas B. and Grace Stevenson Jones Charitable Scholarship continues to be offered as an active scholarship opportunity, administered through regional community foundation networks.
The Howard and Georgeanna Jones Foundation for Reproductive Medicine announcesFrequently Asked Questions
What does Thomas B Jones & Grace Stevenson Jones fund?
The foundation awards scholarships to residents of Grant County, Iowa, or Lafayette County, Wisconsin who are attending four-year colleges or universities.
How do I apply for a grant from Thomas B Jones & Grace Stevenson Jones?
The foundation provides scholarship awards to qualifying students. The Thomas B. and Grace Stevenson Jones Charitable Scholarship is administered through community foundation partnerships and represents an active funding opportunity for eligible applicants.
Where does Thomas B Jones & Grace Stevenson Jones make grants?
The foundation's grantmaking is geographically limited to: • Grant County, Iowa • Lafayette County, Wisconsin
What size grants does Thomas B Jones & Grace Stevenson Jones award?
In 2024, Thomas B Jones & Grace Stevenson Jones awarded 1 grants totaling $1.3M — an average of about $1.3M per grant, based on its IRS Form 990 filings.
How much is Thomas B Jones & Grace Stevenson Jones required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Thomas B Jones & Grace Stevenson Jones reported a distributable amount of $50K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Thomas B Jones & Grace Stevenson Jones's EIN?
Thomas B Jones & Grace Stevenson Jones's EIN (Employer Identification Number) is 36-3470630. IRS Form 990 filing data is available on this page for 2019–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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