Ws & Ec Jones Testamentary Trust

DALLAS, TX EIN: 48-0674648

The WS & EC Jones Testamentary Trust is a private foundation based in Dallas, Texas, established in 1976. The trust was created from the estates of Walter S. Jones and Evan C. Jones, whose backgrounds as successful farmers and cattlemen shaped the foundation's philanthropic priorities. The trust operates as a 501(c)(3) private foundation with a single employee.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$59.4M

+0.2% YoY

Annual Giving

$6.1M

-18.0% YoY

Grant Count

26

+0.0% YoY

Avg Grant Size

$235K

-18.0% YoY

Under IRS private-foundation payout rules, Ws & Ec Jones Testamentary Trust reported a distributable amount of $7.0M for 2025 — 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 trust's mission centers on providing educational and medical support, with a particular emphasis on community development and human services initiatives. The foundation's scope has evolved from its original focus on funding the development of a polio cure to encompassing broader charitable endeavors aligned with community improvement and capacity building.

Primary funding areas include:

  • Education
  • Medical support
  • Human services
  • Community development
  • General operations and capital projects

Grantmaking

The trust demonstrates substantial grantmaking activity with total giving of $6,099,071 in its most recent fiscal year. Typical grant awards range from $5,000 to $1,904,000.

Review Cycle

on the 20th of March, June, September, and December for consideration at subsequent grant meetings.

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Geographic Focus

Where this funder awards grants

The trust primarily funds initiatives in Lyon, Coffey, and Osage counties in Kansas, reflecting the founders' historical ties to the region. While based in Dallas, Texas, the trust's grantmaking is concentrated in Kansas communities.

Grant Distribution by State

2states

Cities

AmericusAtlantaBurlingameBurlingtonCarbondaleEmporiaEmporiumGridleyHartfordKennesawLawrenceLeboLyndonMelvernMissionNeosho RapidsOlpeOsage CityOttawaScranton

Financial History

Multi-year comparison from IRS filings

Assets: $59,439,379 (as of 2025)

Total Giving: $6,099,071 (most recent fiscal year)

Total Revenues: $8,676,722 (2025)

Total Expenses: $7,914,311 (2025)

The trust maintains substantial assets and demonstrates consistent annual grantmaking activity, with revenues primarily derived from investment income.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$6M$10M$13M20212022202320242025
Metric202520242023
Total Assets$59,439,379$59,292,965$61,887,641
Revenue$8,676,722$5,726,518$4,569,825
Expenses$7,914,311$9,132,378$6,538,424
Qualifying Distributions$6,703,747$8,022,065$5,378,071
Net Investment Income$7,574,107$4,653,067$4,338,111
Distributable Amount$6,987,684$6,586,049$6,913,575

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$7M21 grants202125 grants202228 grants202326 grants202426 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

WALTER S & EVAN C JONES …$1.4MEMPORIA STATE UNIVERSITY…$1.3MMENTAL HEALTH CTR OF EAS…$508KFLINT HILLS TECHNICAL CO…$500KEMPORIA STATE UNIVERSITY…$500KPLUMB PLACE$333KCITY OF OLPE COMMUNITY D…$250KNORTHEAST KANSAS LIBRARY…$200KCITY OF BURLINGAME$167KCITY OF SCRANTON$150K

Grant Size Distribution

126 grants across all recorded years

55<$50K23$50–100K22$100–250K7$250–500K7$500K–1M12$1–5M$5M+

Open Grants

1 open opportunity from Ws & Ec Jones Testamentary Trust

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Walter S & Evan C Jones Foundation ($1,425,000), Emporia State University Foundation ($1,250,000), Mental Health Ctr of East Central Kansas ($507,573).

RecipientPurposeAmount
CITY OF BURLINGAME BURLINGAME, KSPOOL IMPROVEMENTS (PART 3)$166,667
USD # 253 - EMPORIA UNIFIED SCHOOLS EMPORIA, KSSUPPORT SPARTAN STOP & CAMP$50,000
USD # 456 MARAIS DES CYGNES VALLEY MELVERN, KSSOFTBALL/BASEBALL FIELD$129,498
EMPORIA STATE UNIVERSITY FOUNDATION EMPORIA, KSSUPPORT NURSING & STUDENT$1,250,000
CITY OF SCRANTON SCRANTON, KSCOMMUNITY CENTER & PARK$150,000
KANSAS BIG BROTHERS BIG SISTERS INC WICHITA, KS1 TO 1 YOUTH MENTORING &$20,000
WALTER S & EVAN C JONES FOUNDATION EMPORIA, KSCHARITABLE MEDICAL GRANTS$1,425,000
NORTHEAST KANSAS LIBRARY FOUNDATION LAWRENCE, KSCOMMUNITY ROOM ADDITION,$200,000
PLUMB PLACE EMPORIA, KSSUPPORT 100 YEARS CAMPAIGN$333,333
CAMP ALEXANDER OF EMPORIA LYON COUNTY KS EMPORIA, KSUNRESTRICTED GENERAL$14,000

Leadership & Key People

Leadership team and compensation from IRS filings

Key personnel include:

  • Bank of America N.A. – Managing Director/Trustee (compensation: $596,946)
  • Gregory A. Bachman – Advisory Committee member
  • Max Stewart Jr. – Trustee
  • Cheryl Mussatto – Advisory Committee member
  • Jeffry J. Larson – Advisory Committee member
  • Megan Anna Evans – Advisory Committee member

Compensation Overview

From 2025 IRS filing

BANK OF AMERICATRUSTEE$632KGREGORY A BACHMANADV COMM$1KJEFFRY J LARSONADV COMM$1KCHERYL MUSSATTOADV COMM$1KMEGAN ANNA EVANSADV COMM$1K

From 2025 filing

NameTitleHoursCompensation
BANK OF AMERICATRUSTEE1$631,572
GREGORY A BACHMANADV COMM1$1,000
JEFFRY J LARSONADV COMM1$1,000
CHERYL MUSSATTOADV COMM1$1,000
MEGAN ANNA EVANSADV COMM1$1,000

Recent News & Activity

Recent developments and announcements

The trust has made several significant grants in recent years supporting educational and community development initiatives in Kansas:

Jones Trust grants Southwick House $1 million for transitional housing facility

A $1 million grant to Southwick House for a transitional housing facility

Jones Trust gifts $1 million to Emporia's Southwick House | Free | emporiagazette.com

Multiple grants to Emporia State University Foundation totaling $1.75 million for nursing education and literacy programs

Jones Trust gifts $1 million to Emporia's Southwick House | Free | emporiagazette.com

Support for Mental Health Center of East Central Kansas for community mental health initiatives

$200,000 grant to help Hetlinger Developmental Services establish ...

The trust continues to accept grant applications on a quarterly basis, maintaining active engagement with Kansas-based nonprofits and educational institutions.

Jones Trust grants Southwick House $1 million for transitional housing facility

Frequently Asked Questions

What does Ws & Ec Jones Testamentary Trust fund?

The trust's mission centers on providing educational and medical support, with a particular emphasis on community development and human services initiatives. The foundation's scope has evolved from its original focus on funding the development of a polio cure to encompassing broader charitable endeavors aligned with community improvement and capacity building. Primary funding areas include: • Education • Medical support • Human services • Community development • General operations and capital p…

How do I apply for a grant from Ws & Ec Jones Testamentary Trust?

The trust demonstrates substantial grantmaking activity with total giving of $6,099,071 in its most recent fiscal year. Typical grant awards range from $5,000 to $1,904,000. Recent grants include: • Emporia State University Foundation: $1,250,000 (Nursing & Student support) • Emporia State University Foundation: $500,000 (Mobilizing Literacy) • Mental Health Center of East Central Kansas Endowment Association: $507,573 (Breaking Ground initiative) • Southwick House: $1,000,000 (transitional hou…

Where does Ws & Ec Jones Testamentary Trust make grants?

The trust primarily funds initiatives in Lyon, Coffey, and Osage counties in Kansas, reflecting the founders' historical ties to the region. While based in Dallas, Texas, the trust's grantmaking is concentrated in Kansas communities.

What size grants does Ws & Ec Jones Testamentary Trust award?

In 2025, Ws & Ec Jones Testamentary Trust awarded 26 grants totaling $6.1M — an average of about $235K per grant, based on its IRS Form 990 filings.

How much is Ws & Ec Jones Testamentary Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Ws & Ec Jones Testamentary Trust reported a distributable amount of $7.0M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ws & Ec Jones Testamentary Trust's EIN?

Ws & Ec Jones Testamentary Trust's EIN (Employer Identification Number) is 48-0674648. IRS Form 990 filing data is available on this page for 2021–2025.

Explore Open Grants

Browse active grant opportunities in Ws & Ec Jones Testamentary Trust's focus areas in our free grants database

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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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