William E & Alice Fay Jones Foundation I

CENTREVILLE, MD EIN: 37-1452562

William E & Alice Fay Jones Foundation I is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CENTREVILLE, MD. IRS filing data is available from 2020 through 2021. In 2021, it awarded 1 grants totaling $84K.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$84K

+711.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$84K

+711.0% YoY

Under IRS private-foundation payout rules, William E & Alice Fay Jones Foundation I reported a distributable amount of $4K for 2021 — the minimum it must pay out in qualifying distributions.

About William E & Alice Fay Jones Foundation I

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 $94K (100%)

States

Utah

Cities

Salt Lake City

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2021	2020
Total Assets	—	$89,289
Revenue	$19	$77
Expenses	$88,904	$10,385
Qualifying Distributions	$87,682	—
Net Investment Income	—	$77
Distributable Amount	$3,793	$4,884

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 2021

Grant Size Distribution

2 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2021 grants, the largest include The Church of Jesus Christ of Latter Day Saints ($84,015).

Recipient	Purpose	Amount
The Church of Jesus Christ of Latter Day Saints Salt Lake City, UT	General Charitable Purposes	$84,015

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2021 filing

Name	Title	Hours	Compensation
Judy Kyle	Trustee	0.5	—
Wendy Hargis	Trustee	0.5	—
Lawrence Oliverson	Trustee	0.5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is William E & Alice Fay Jones Foundation I?

William E & Alice Fay Jones Foundation I is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CENTREVILLE, MD. It holds — in total assets as of 2021.

Where does William E & Alice Fay Jones Foundation I operate?

William E & Alice Fay Jones Foundation I has awarded grants in Utah.

What size grants does William E & Alice Fay Jones Foundation I award?

In 2021, William E & Alice Fay Jones Foundation I awarded 1 grants totaling $84K — an average of about $84K per grant, based on its IRS Form 990 filings.

How much is William E & Alice Fay Jones Foundation I required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, William E & Alice Fay Jones Foundation I reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is William E & Alice Fay Jones Foundation I's EIN?

William E & Alice Fay Jones Foundation I's EIN (Employer Identification Number) is 37-1452562. IRS Form 990 filing data is available on this page for 2020–2021.