The Joseph E & Marjorie B Jones Foundation in Washington, District of Columbia (DC)

The Joseph E & Marjorie B Jones Foundation
Employer Identification Number (EIN)	521628951
Name of Organization	The Joseph E & Marjorie B Jones Foundation
Address	1666 Connecticut Ave Nw Ste 200, Washington, DC 20009-1039
Activities	Other scientific research activities
Subsection	Charitable Organization
Ruling Date	09/1989
Deductibility	Contributions are deductible
Foundation	Private non-operating foundation
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	12/2013
Assets	$10,000,000 to $49,999,999
Income	$1,000,000 to $4,999,999
Filing Requirement	990 - Not required to file (all other)
Asset Amount	$16,051,656
Amount of Income	$4,113,173
Form 990 Revenue Amount	$3,104,791

Non-representatives - add comments:

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Expenses for 2013

	Revenue and expenses per books	Net investment income	Adjusted net income	Disbursements for charitable purposes (cash basis only)
Analysis of Revenue and Expenses (for 2013)
Total revenue	$3,551,917	$3,551,917	$0
Contributions, gifts, grants, etc., received	$0
Interest on savings and temporary cash investments	$212
Dividends and interest from securities	$141,359
Gross rents	$3,376,541
Gross sales price for all assets	$595,061
Gross profit from sales of goods	$0
Other income	$0
Other	$33,805
Total expenses and disbursements	$3,717,691	$2,463,337	$0	$1,168,198
Compensation of officers, directors, trustees, etc.	$297,523
Pension plans, employee benefits	$161,198
Legal fees	$12,133
Accounting fees	$36,850
Interest	$113,744
Depreciation	$368,382
Occupancy	$0
Travel, conferences, and meetings	$2,621
Printing and publications	$0
Total operating and administrative expenses	$2,758,591	$2,463,337		$209,098
Contributions, gifts, grants paid	$959,100
Excess of revenue over expenses and disbursements	$-165,774
Net investment income		$1,088,580
Adjusted net income			$0

	2011		2012		2013
Balance Sheets
	Book Value	Fair Market Value	Book Value	Fair Market Value	Book Value	Fair Market Value
Total assets	$16,665,030	$24,586,134	$16,481,926	$27,283,443	$16,051,656	$29,041,137
Cash - non-interest-bearing	$86,389		$195,614		$287,100
Investments-U.S. and state government obligations	$847,045		$363,289		$113,701
Investments-corporate stock	$2,048,327		$1,650,396		$1,713,111
Investments-corporate bonds	$723,015		$1,797,195		$1,687,051
Investments-mortgage loans	$0		$0		$0
Investments-other	$8,056		$8,056		$8,056
Other assets			$0		$0
Total liabilities	$3,487,397		$3,342,789		$3,078,293
Mortgages and other notes payable	$3,095,947		$0		$2,827,623
Other liabilities			$2,941,357		$107,431
Total liabilities and net assets/fund balances	$13,177,633		$13,139,137		$12,973,363

	2011	2012	2013
Capital Gains and Losses for Tax on Investment Income
Capital gain net income	$0	$248,389	$33,805
Net capital loss	$-14,947	$0	$0

	2011	2012	2013
Excise Tax Based on Investment Income
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)	No	No	No
Tax based on investment income	$2,976	$11,191	$21,772
Total credits and payments	$7,588	$18,909	$27,930
Current year estimated tax payments and previous year's overpayment credited to current year	$7,588	$4,612	$15,930
Exempt foreign organizations-tax withheld at source	$0	$0	$0
Tax paid with application for extension of time to file (Form 8868)	$0	$14,297	$12,000
Backup withholding erroneously withheld	$0	$0	$0
Any penalty for underpayment of estimated tax	$0	$0	$37
Tax due		$0	$0
Overpayment		$7,718	$6,121
Amount to be credited to next year's estimated tax	$4,612	$7,718	$6,121

	2011	2012	2013
Statements Regarding Activities
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign?	No	No	No
Has the foundation engaged in any activities that have not previously been reported to the IRS?		No	No
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles of incorporation, or bylaws, or other similar instruments?		No	No
Has the foundation filed a tax return on Form 990-T for this year?		Yes	Yes
Was there a liquidation, termination, dissolution, or substantial contraction during the year?	No	No	No
Has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state?		Yes	Yes
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for current calendar year or the taxable year beginning in this year?	No	No	No
Did any persons become substantial contributors during the tax year?		No	No
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?		No	No
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?		Yes	Yes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041		No	No

	2011	2012	2013
Statements Regarding Activities for Which Form 4720 May Be Required
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?	No	No	No
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?	No	No	No
Furnish goods, services, or facilities to (or accept them from) a disqualified person?	No	No	No
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?	No	No	No
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?	No	No	No
Agree to pay money or property to a government official?	No	No	No
Did any of the acts fail to qualify under the exceptions described in Regulations section 53.4941(d)-3 or in a current notice regarding disaster assistance?		No	No
Did the foundation engage in a prior year in any of the acts, other than excepted acts, that were not corrected before the first day of the tax year beginning in this year?		No	No
At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year?	No	No	No
Are there any years listed above for which the foundation is not applying the provisions of section 4942(a)(2) (relating to incorrect valuation of assets) to the year's undistributed income?		No	No
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?	No	No	No
Did the foundation have excess business holdings in this year as a result of (1) any purchase by the foundation or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3) the lapse of the 10-, 15-, or 20-year first phase holding period?	No	No	No
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?	No	No	No
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in this year?		No	No
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?	No	No	No
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?	No	No	No
Provide a grant to an individual for travel, study, or other similar purposes?	No	No	No
Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)?	No	No	No
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?	No	No	No
Did any of the transactions fail to qualify under the exceptions described in Regulations section 53.4945 or in a current notice regarding disaster assistance?		No	No
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?		No	No
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?		No	No

	2011	2012	2013
Minimum Investment Return
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes	$24,883,984	$27,004,180	$29,028,319
Net value of noncharitable-use assets		$23,748,053	$25,807,686
Minimum investment return	$1,079,827	$1,187,403	$1,290,384

	2011	2012	2013
Distributable Amount
Distributable amount	$1,068,327	$1,109,564	$1,204,228

	2011	2012	2013
Undistributed Income
Distributable amount for this year	$1,068,327	$1,109,564	$1,204,228
Undistributed income for this year. This amount must be distributed in the next year	$1,034,813	$849,810	$885,840

	2013	2012	2011	2010	Total
Private Operating Foundations (for 2010 - 2013)
The lesser of the adjusted net income or the minimum investment return	$0	$0	$0	$0	$0
Qualifying distributions made directly for active conduct of exempt activities	$0	$0	$0	$0	$0
Value of all assets	$0	$0	$0	$0	$0
Value of assets qualifying under section 4942(j)(3)(B)(i)	$0	$0	$0	$0	$0
2/3 of minimum investment return	$0	$0	$0	$0	$0
Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties)	$0	$0	$0	$0	$0
Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)	$0	$0	$0	$0	$0
Gross investment income	$0	$0	$0	$0	$0

Supplementary Information (for 2013)
Grants approved for future payment	$0

	Amount	Related or exempt function income
Analysis of Income-Producing Activities (for 2013)
Program service revenue
Fees and contracts from government agencies	$0	$0
Membership dues and assessments	$0	$0
Interest on savings and temporary cash investments	$212	$0
Dividends and interest from securities	$141,359	$0

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (for 2013)
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Transfers from the reporting foundation to a noncharitable exempt organization of:
Cash	No
Other assets	No
Other transactions:
Sales of assets to a noncharitable exempt organization	No
Purchases of assets from a noncharitable exempt organization	No
Rental of facilities, equipment, or other assets	No
Reimbursement arrangements	No
Loans or loan guarantees	No
Performance of services or membership or fundraising solicitations	No
Sharing of facilities, equipment, mailing lists, other assets, or paid employees	No

	Income	Expenses	Net
Unrelated Trade or Business Income (for 2008)
Total	$511,244	$536,057	$-24,813
Gross receipts or sales less returns and allowances	$0	$0	$0
Cost of goods sold	$0	$0	$0
Gross profit	$0	$0	$0
Capital gain net income	$0	$0	$0
Net gain	$0	$0	$0
Capital loss deduction for trusts	$0	$0	$0
Income (loss) from partnerships and S corporations	$0	$0	$0
Rent income	$0	$0	$0
Unrelated debt-financed income	$511,244	$536,057	$-24,813
Interest, annuities, royalties, and rents from controlled organizations	$0	$0	$0
Investment income of a section 501(c)(7), (9), or (17) organization	$0	$0	$0
Exploited exempt activity income	$0	$0	$0
Advertising income	$0	$0	$0
Other income	$0	$0	$0

Deductions Not Taken Elsewhere (for 2008)
Total deductions	$0
Compensation of officers, directors, and trustees	$0
Salaries and wages	$0
Repairs and maintenance	$0
Bad debts	$0
Interest	$0
Taxes and licenses	$0
Charitable contributions	$0
Depreciation	$0
Depletion	$0
Contributions to deferred compensation plans	$0
Employee benefit programs	$0
Excess exempt expenses	$0
Excess readership costs	$0
Other deductions	$0
Unrelated business taxable income	$-39,748
Unrelated business taxable income before net operating loss deduction	$-24,813
Net operating loss deduction	$14,935
Unrelated business taxable income before specific deduction	$-39,748
Specific deduction	$0

Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review

Would you recommend The Joseph E & Marjorie B Jones Foundation to others? (optional)

Yes

Add photo of The Joseph E & Marjorie B Jones Foundation (optional)

About You

Your nickname:
I have read, and agree to the Terms of Service

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

	Log in» \| Register - it's free and very quick!
Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
	Show my IP address (3.137.162.xxx) to everybody
	Leave your signature» Clear Make my signature public

Recently Added Reviews
Confraternity Of Christian Doctrine Inc in Washington, DC
Shared Horizons Inc in Washington, DC
100 Reporters in Washington, DC
Collaborative Of Parents And Community Stakeholders, Copacs Co-Pacs in Washington, DC
Catholic Charities Of The Archdiocese Of Washington Inc, Catholic Charities Of in Washington, DC
M And M Residential Services in Washington, DC
Global Education And Research Alliance in Washington, DC
Al Sura in Washington, DC
Committee For The Republic in Washington, DC
Bread For The Soul in Washington, DC

Recently Added Reviews

Confraternity Of Christian Doctrine Inc in Washington, DC

Shared Horizons Inc in Washington, DC

100 Reporters in Washington, DC

Collaborative Of Parents And Community Stakeholders, Copacs Co-Pacs in Washington, DC

Catholic Charities Of The Archdiocese Of Washington Inc, Catholic Charities Of in Washington, DC

M And M Residential Services in Washington, DC

Global Education And Research Alliance in Washington, DC

Al Sura in Washington, DC

Committee For The Republic in Washington, DC

Bread For The Soul in Washington, DC

Id	Name	Address	State	Established	Total Income
Other organizations in District of Columbia
1	Psychotherapy Networker Inc	7705 13th St Nw, Washington, DC 20012-1431	DC	1980-03	$3,376,399
2	Public Welfare Foundation Inc	1200 U St Nw, Washington, DC 20009-4443	DC	1966-12	$13,966,549
3	Rachaels Womens Center	1222 11th St Nw, Washington, DC 20001-4218	DC	1986-04	$667,290
4	Reading Is Fundamental Inc	1730 Rhode Island, Washington, DC 20036-3101	DC	1973-05	$13,454,103
5	Segd	1900 L Street Nw, Washington, DC 20036-5002	DC	2001-10	$1,267,551
6	Smith Farm Ltd	1632 U St Nw, Washington, DC 20009-6210	DC	1996-09	$1,680,568
7	Society For Conservation Biology	1017 O St Nw, Washington, DC 20001-4229	DC	1992-07	$5,940,711
8	Student National Medical Association Inc	5113 Georgia Ave Nw, Washington, DC 20011-3921	DC	2003-04	$718,673
9	Congressional Sportsmens Foundation	110 N Carolina Ave Se, Washington, DC 20003-1841	DC	1990-06	$3,850,895
10	The Delaski Family Foundation	1201 Connecticut Ave Nw Ste 300, Washington, DC 20036-2656	DC	1999-08	$45,743,748
11	The Joseph E & Marjorie B Jones Foundation	1666 Connecticut Ave Nw Ste 200, Washington, DC 20009-1039	DC	1989-09	$4,113,173
12	The Maryland Workers Compensation Educational Association Inc	1701 K St Nw Ste 650, Washington, DC 20006-3822	DC	1989-08	$271,867
13	The National Lesbian And Gay Journalists Association, Nlgja	Suite 850, Washington, DC 20037	DC	1993-04	$572,099
14	The Robert L Walls Senior Citizens Center Of The New Macedonia Baptis	4339 Bowen Rd Se, Washington, DC 20019-5600	DC	1989-10	$465,828
15	University Professional & Continuing Education Association	1 Dupont Cir Nw Ste 615, Washington, DC 20036-1134	DC	1952-03	$3,007,517
16	Vradenburg Foundation	1101 K Street Nw, Washington, DC 20005-4210	DC	2000-07	$3,356,341
17	Washington Dc Economic Partnership	1495 F St Nw, Washington, DC 20004-1103	DC	2001-11	$1,814,281
18	Washington Nationals Dream Foundation	1500 S Capitol St Se, Washington, DC 20003-3599	DC	2005-08	$1,728,044
19	Washington Urban League Inc	2901 14th St Nw, Washington, DC 20009-6839	DC	1953-12	$4,619,728
20	World Federalist Association Endowment Fund Trust	418 7th St Se, Washington, DC 20003-2796	DC	2006-11	$96,886

NonProfitFacts.com is not associated with, endorsed by, or sponsored by The Joseph E & Marjorie B Jones Foundation and has no official or unofficial affiliation with The Joseph E & Marjorie B Jones Foundation