DAVID B JONES FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- DAVID B JONES FOUNDATION (EIN 41-1909574)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-08
- IRS object ID
- 202403139349101610
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Compensation Explanation
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Land Schedule2
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-08T13:00:14-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 New Hyde Park Rd Ste 406 | AddressLine1Txt |
| City | New Hyde Park | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 411909574 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | David B Jones Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | DAVI | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | jeffrey malone | PersonNm |
| Person Title | president | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2024-11-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $28,121,306 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $144,946 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $144,946 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $530,933 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $522,751 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $269,638 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $269,638 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $223,901 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | -$1,307,361 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $12,781,159 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $78,043 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $20,224 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $20,224 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | -$341,620 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,035,602 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $25,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $25,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $1,913 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $1,913 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $550 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $550 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $209,358 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $209,358 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $29,168 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $24,268 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $85,214 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $7,909 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $77,305 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $351,203 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $241,535 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $104,768 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,297,005 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,297,005 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,648,208 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $241,535 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,401,773 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,989,828 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $794,067 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $5,560,442 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,108,022 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,108,022 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $1,259 | AcctRcvblBOYAmt |
| US Government Obligations BOY | $854,284 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $5,920,593 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $5,918,235 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $12,092,225 | CorporateStockBOYAmt |
| Corporate Stock EOY | $7,562,652 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $9,077,839 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,956,409 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,844,639 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,753,738 | CorporateBondsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $7,106,171 | InvstLandCostOrOtherBasisAmt |
| Land Bldg Investments BOY | $7,106,171 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $7,106,171 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $7,850,002 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $379,712 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $418,597 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $413,470 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $27,950,502 | TotalAssetsBOYAmt |
| Total Assets EOY | $25,960,674 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $28,121,306 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $30,110 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $30,110 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $30,110 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $30,110 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $27,920,392 | RetainedEarningBOYAmt |
| Retained Earning EOY | $25,930,564 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $27,920,392 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $25,930,564 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $27,950,502 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $25,960,674 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $27,920,392 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,989,828 | ExcessRevenueOverExpensesAmt |
| Subtotal | $25,930,564 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $25,930,564 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt |
|---|---|---|---|---|---|---|---|
| Publicly-traded Securities | $12,781,159 | $12,731,992 | $49,167 | $49,167 | |||
| Passthrough K1 Capital Gain/(Loss) | $28,926 | ||||||
| ACCOUNTS RECEIVABLE - WRITE OFF | $50 | -$50 | -$50 | P | 2021-05-11 | 2023-12-31 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $78,043 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $11,038 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $11,038 | SubtotalAmt |
| Tax Based On Investment Income | $11,038 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $9,043 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $2,200 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $11,243 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $205 | OverpaymentAmt |
| Applied To ES Tax | $205 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MN | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 WALLS DRIVE FL 3 | AddressLine1Txt |
| City | Fairfield | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06824 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Jaelyn Eberle | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $0 | $0 | $0 |
| Brad Grossenburg | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $0 | $0 | $0 |
| Don Lofgren | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Sec | 1.0 | $0 | $0 | $0 |
| Cayce B Malone | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $0 | $0 | $0 |
| Jeffrey Malone | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Pres | 3.0 | $25,000 | $0 | $0 |
| Raymond Rogers | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $0 | $0 | $0 |
| Muriel Runholt | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| MALONE CAPITAL ADVISORS LLC | |||||
| 122 S PHILLIPS AVE SUITE 260 | SIOUX FALLS | SD | 57104 | INVESTMENT MGMT | $190,250 |
| Foundation Source | |||||
| 55 Walls Drive 3rd Fl | Fairfield | CT | 06824 | Administrative | $75,739 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $16,789,954 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,410,485 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $8,159,811 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $28,360,250 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $28,360,250 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $425,404 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $27,934,846 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,396,742 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,396,742 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $11,038 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $11,038 | TotalTaxAmt |
| Distributable Before Adj | $1,385,704 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,385,704 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,385,704 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,401,773 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $1,401,773 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,385,704 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,347,926 | UndistributedIncomePYAmt |
| Qualifying Distributions | $1,401,773 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,347,926 | AppliedToYear1Amt |
| Applied To Current Year | $53,847 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $1,331,857 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | DAVID B JONES FOUNDATION | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | WILMINGTON | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 8008391754 | RecipientPhoneNum |
| Form And Info And Materials | WWW.DBJONESFOUNDATION.ORG | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | WWW.DBJONESFOUNDATION.ORG | SubmissionDeadlinesTxt |
| Restrictions On Awards | WWW.DBJONESFOUNDATION.ORG | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (24 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ALBION COLLEGE | |||||||
| 611 E PORTER ST | ALBION | MI | 49224 | N/A | PC | Undergraduate Research on Macro- to Micro-scale Trends in Fossil Accumulation and Preservation during the Permian Period of the Intermountain West | $45,334 |
| BIGHORN BASIN PALEONTOLOGICAL INSTITUTE | |||||||
| 3959 WELSH RD | WILLOW GROVE | PA | 19090 | N/A | PC | David B. Jones Summer Field Internship Program | $5,574 |
| BOY SCOUTS OF AMERICA | |||||||
| 800 N W AVE | SIOUX FALLS | SD | 57104 | N/A | PC | David B. Jones Legacy Friends of Scouting | $25,000 |
| BOY SCOUTS OF AMERICA | |||||||
| 800 N W AVE | SIOUX FALLS | SD | 57104 | N/A | PC | David B. Jones Nature Center and Museum | $195,000 |
| BURKE MUSEUM ASSOCIATION | |||||||
| BOX 353010 UNIVERSITY OF WASHINGTO | SEATTLE | WA | 98195 | N/A | PC | Partnering Paleontological Research with Public Outreach | $72,925 |
| CARTHAGE COLLEGE | |||||||
| 2001 ALFORD PARK DR | KENOSHA | WI | 53140 | N/A | PC | Carthage Institute of Paleontology's Preparator and Undergraduate Paleo Education Project | $76,720 |
| CASPER COLLEGE RODEO FUND | |||||||
| 125 COLLEGE DR | CASPER | WY | 82601 | N/A | PC | Tate Museum Collections Expansion Project | $17,229 |
| CHILDRENS MUSEUM OF PHOENIX | |||||||
| 215 N 7TH ST | PHOENIX | AZ | 85034 | N/A | PC | Dinosaur Month at the Children's Museum of Phoenix | $6,000 |
| DAYTON SOCIETY OF NATURAL HISTORY DAYTON MUSEUM OF | |||||||
| 2600 DEWEESE PKWY | DAYTON | OH | 45414 | N/A | PC | Dayton's Dinosaur: A Place-Based Paleontology Exhibit | $50,000 |
| DENVER MUSEUM OF NATURE AND SCIENCE | |||||||
| 2001 COLORADO BLVD | DENVER | CO | 80205 | N/A | PC | David B. Jones Internship Program in Paleontology at the Denver Museum of Nature & Science | $38,032 |
| DES MOINES UNIVERSITY OSTEOPATHIC MEDICAL CENTER | |||||||
| 3200 GRAND AVE | DES MOINES | IA | 50312 | N/A | PC | Natural Trap Cave 2.0 | $61,455 |
| FRIENDS OF NDGS PALEO | |||||||
| PO BOX 164 | MANDAN | ND | 58554 | N/A | PC | General & Unrestricted | $8,749 |
| FRIENDS OF THE UTAH FIELD HOUSE | |||||||
| 230 S 500 W | VERNAL | UT | 84078 | N/A | PC | Installation of New Exhibit: A Ceratosaurus for the Jurassic Hall | $25,000 |
| KANSAS UNIVERSITY ENDOWMENT ASSOC | |||||||
| KANSAS UNIVERSITY ENDOWMENT PO BOX | LAWRENCE | KS | 66044 | N/A | PC | David B. Jones Fellows in Vertebrate Paleontology at the University of Kansas: Research, Training and Public Educational Outreach | $35,000 |
| MACALESTER COLLEGE | |||||||
| 1600 GRAND AVE | SAINT PAUL | MN | 55105 | N/A | PC | Enriching the Paleontology Experience at Macalester College | $25,850 |
| MINNESOTA CHILDRENS MUSEUM | |||||||
| 10 7TH ST W | SAINT PAUL | MN | 55102 | N/A | PC | Dinosaurs: Land of Fire and Ice Exhibit National Tour | $65,000 |
| RAYMOND M ALF MUSEUM | |||||||
| 1175 W BASELINE RD | CLAREMONT | CA | 91711 | N/A | SO III FI | Vertebrate Paleontology of the Mesaverde Formation (Late Cretaceous) of Wyoming | $28,540 |
| REGENTS OF THE UNIVERSITY OF MICHIGAN | |||||||
| WOLVERINE TOWER 3003 S STATE ST STE | ANN ARBOR | MI | 48109 | N/A | PC | Mammalian evolution in dynamic environments across the K-Pg boundary in the Bighorn Basin, Wyoming | $86,315 |
| SAN DIEGO SOCIETY OF NATURAL HISTORY BALBOA PARK | |||||||
| 1788 EL PRADO | SAN DIEGO | CA | 92101 | N/A | PC | Paleontology Apprenticeship Program for Undergraduate Students | $35,078 |
| SOCIETY OF VERTEBRATE PALEONTOLOGY | |||||||
| 1660 INTERNATIONAL DR STE 600 | MCLEAN | VA | 22102 | N/A | PC | Society of Vertebrate Paleontology Futures Award | $10,000 |
| UNIVERSITY OF NEBRASKA FOUNDATION | |||||||
| 1010 LINCOLN MALL STE 300 | LINCOLN | NE | 68508 | N/A | PC | General & Unrestricted | $101,049 |
| UNIVERSITY OF WISCONSIN SYSTEM | |||||||
| 21 N PARK ST | MADISON | WI | 53715 | N/A | GOV | Excavation to publication: an undergraduate research journey through North America's oldest dinosauromorph assemblage (Late Triassic [Carnian] Popo Agie Formation, Wyoming) | $189,752 |
| UNIVERSITY OF WISCONSIN SYSTEM | |||||||
| 21 N PARK ST | MADISON | WI | 53715 | N/A | GOV | Paleoecology and Stratigraphy of the Upper Jurassic Dinosaur Fauna of Jurassic National Monument, Emery County, Utah | $83,403 |
| Washington Academic Middle | |||||||
| 1705 10TH ST | Sanger | CA | 93657 | N/A | GOV | Paleontology Club | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,297,005 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $144,946 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $530,933 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $223,901 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$1,307,361 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | K-1 Inc/Loss | Desc |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $20,224 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | -$387,357 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$387,357 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Compensation Explanation CompensationExplanation
Compensation Explanation CompensationExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Jeffrey Malone | PersonNm |
| Short Explanation | *JEFFREY MALONE, PRESIDENT OF DAVID B. JONES FOUNDATION (THE "FOUNDATION"), IS A PRESIDENT AT THE INVESTMENT MANAGEMENT FIRM OF MALONE CAPITAL ADVISORS, LLC, A DISQUALIFIED PERSON WHICH PROVIDES INVESTMENT MANAGEMENT SERVICES TO THE FOUNDATION. DURING THE TAXABLE YEAR ENDING DECEMBER 31, 2023, THE FOUNDATION PAID $190,250 FOR INVESTMENT MANAGEMENT SERVICES RENDERED BY SUCH DISQUALIFIED PERSON AS REPORTED IN FORM 990-PF, PART I, LINE 16C. SUCH INVESTMENT MANAGEMENT FIRM BILLED THE FOUNDATION AT THE SAME RATE OR BELOW THE RATE IT CHARGES ITS OTHER CLIENTS. | ShortExplanationTxt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (2 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Computation MethodComputationMethodTxt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|---|
| FARMLAND-SEC 27 | 2015-01-01 | $4,320,000 | L | $0 |
| FARMLAND-SEC 13 | 2015-01-01 | $2,786,171 | L | $0 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (15 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BANK OF MONTREAL SER I MTN - 4 | $100,000 | $98,817 |
| BIOGEN - 4.050% - 09/15/2025 | $102,431 | $98,394 |
| CINCINATTI CHILDRENS HOSP - 2. | $120,716 | $104,533 |
| CSX CORP - 3.400% - 08/01/2024 | $98,127 | $98,758 |
| GILEAD SCIENCES - 3.650% - 03/ | $99,936 | $97,876 |
| GOLDMAN SACHS - 2.000% - 05/28 | $99,900 | $85,889 |
| GOLDMAN SACHS GROUP - 3.000% - | $100,000 | $93,082 |
| GOLDMAN SACHS GROUP IN SER F - | $100,000 | $95,347 |
| JM SMUCKER - 3.500% - 03/15/20 | $198,250 | $196,119 |
| JOHNSON CONTROLS INTERNATIONAL | $202,940 | $197,848 |
| LINCOLN CINTY S D ECONOMIC DEV | $100,000 | $87,728 |
| MARKEL CORP BOND PERPETUAL - 6 | $200,000 | $197,840 |
| ORLANDO HEALTH OBLIGATED GROUP | $196,824 | $189,022 |
| READY CAPITAL CORP - 5.500% - | $100,000 | $89,381 |
| ROGERS CITY MICH GO - 2.300% - | $25,515 | $23,104 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (38 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 3M CO | $327,810 | $218,640 |
| ALTRIA GROUP INC | $446,784 | $403,400 |
| APA CORPORATION | $302,625 | $269,100 |
| APPLE INC | $93,740 | $770,120 |
| B. RILEY FINANCIAL INC - 5.5% | $100,000 | $70,880 |
| BERKLEY W R CP | $332,625 | $353,600 |
| BERKSHIRE HATHAWAY INC. CLASS | $75,025 | $178,330 |
| BRISTOL-MYERS SQUIBB CO | $460,536 | $384,825 |
| CISCO SYSTEMS INC | $155,583 | $252,600 |
| COMMUNICATION SVCS SLCT SCTR S | $62,843 | $80,653 |
| CONSUMER DISCRETIONARY SELECT | $58,437 | $79,570 |
| CONSUMER STAPLES SELECT SECTOR | $42,365 | $47,540 |
| DEVON ENERGY CORPORATION | $308,328 | $226,500 |
| DOW INC | $288,183 | $274,200 |
| EAGLE POINT CREDIT COMPANY - 6 | $100,000 | $96,120 |
| FEDERAL AGRIC MTG CORP 4.875% | $62,500 | $47,750 |
| FIDELITY CONSERVATIVE INC MUNI | $9 | $9 |
| FINANCIAL SELECT SECTOR SPDR F | $74,609 | $90,240 |
| GABELLI PREF G SHARES | $23,008 | $21,680 |
| JOHNSON & JOHNSON | $725,748 | $783,700 |
| KELLANOVA (FNA KELLOGG CO) | $291,146 | $279,550 |
| LOCKHEED MARTIN CORP | $166,213 | $226,620 |
| META FINANCIAL GROUP, INC | $304,398 | $513,421 |
| MICROSOFT CORP | $51,646 | $470,050 |
| RAYTHEON TECHNOLOGIES CORP | $709,538 | $631,050 |
| READY CAPITAL CORP 5.75% 2/15/ | $51,400 | $48,000 |
| SELECT SECTOR SPDR ENERGY FUND | $22,245 | $34,039 |
| SELECT SECTOR SPDR INDUSTRIAL | $53,936 | $72,384 |
| SELECT SECTOR SPDR-HEALTH CARE | $85,342 | $111,832 |
| SNAP ON INC | $205,408 | $288,840 |
| SPDR S&P AEROSPACE AND DEFENSE | $165,899 | $203,130 |
| SPDR SER TR S&P OIL & GAS EXPL | $300,024 | $273,820 |
| TECHNOLOGY SPDR | $146,868 | $280,058 |
| THE MOSAIC CO | $505,787 | $357,300 |
| US BANCORP | $242,029 | $233,063 |
| VANGUARD DIVIDEND APPRECIATION | $106,905 | $170,400 |
| VANGUARD S&P 500 ETF | $94,300 | $218,400 |
| WK KELLOGG CO | $18,810 | $16,425 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $4,945,863 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $5,005,395 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $974,730 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $912,840 | StateLocalSecEOYFMVAmt |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| FARMLAND-SEC 27 | $4,320,000 | $4,320,000 | $4,166,806 |
| FARMLAND-SEC 13 | $2,786,171 | $2,786,171 | $3,683,196 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ALBION CAPITAL FUND I, LLC | $272,793 | $272,793 |
| GREAT PLAINS LODGING VI LLC | $42,886 | $36,977 |
| INVESCO DB AGRICULTURE FUND | $102,918 | $103,700 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | General Consultations | CategoryTxt |
| Legal Fees | $550 | LegalFeesAmt |
| Disbursements Charitable Prps | $550 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $75,739 | $75,739 | |
| Bank Charges | $85 | $85 | |
| Indemnification Insurance | $881 | $881 | |
| K-1 Exp ALBION CAPITAL FUND I, | $4,616 | $4,616 | |
| K-1 Exp INVESCO DB AGRICULTURE | $847 | $847 | |
| Property insurance | $2,361 | $2,361 | |
| State or Local Filing Fees | $26 | $26 | |
| Website Hosting/Support | $659 | $659 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| K-1 Inc/Loss ALBION CAPITAL FUND I, LLC | $9,106 | $9,106 |
| K-1 Inc/Loss GREAT PLAINS LODGING VI LLC | $5,911 | $5,911 |
| K-1 Inc/Loss INVESCO DB AGRICULTURE FUND | $5,207 | $5,207 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SECURITY DEPOSITS | Desc |
| BOY Book Value | $30,110 | BOYBookValueAmt |
| EOY Book Value | $30,110 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Investment Management Services | $190,250 | $190,250 |
| PROPERTY MANAGEMENT | $19,108 | $19,108 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 990-PF Estimated Tax for 2023 | $4,900 | |
| Property Taxes | $24,268 | $24,268 |