DAVID B JONES FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- DAVID B JONES FOUNDATION (EIN 41-1909574)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-09
- IRS object ID
- 202143139349101409
- Schema version
- 2020v4.1
- 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 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 | 2021-11-09T09:14:04-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | 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 | ONE HOLLOW LN STE 212 | AddressLine1Txt |
| City | LAKE SUCCESS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | 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 | 2021-11-03 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | jeffrey | PersonFirstNm |
| Person Last | malone | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $27,130,085 | 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 | $6,458 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $6,458 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $408,716 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $407,466 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $630,228 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $630,228 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $0 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | $245,503 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $140,807 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,844,286 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $160,717 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$17,877 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$21,680 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,168,332 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,183,189 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| 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 | $3,581 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $3,472 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $109 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $197,873 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $197,873 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $158,782 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $156,582 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $73,605 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $73,605 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $12,412 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $12,412 | OccupancyNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $173,112 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $96,595 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $76,517 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $646,278 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $540,539 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $103,539 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,132,245 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,132,245 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,778,523 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $540,539 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,235,784 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$610,191 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $642,650 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $2,343,906 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,768,790 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,768,790 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $51,085 | USGovernmentObligationsBOYAmt |
| Corporate Stock BOY | $7,510,387 | CorporateStockBOYAmt |
| Corporate Stock EOY | $7,280,283 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $9,060,449 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $3,867,952 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $3,218,048 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $3,318,742 | CorporateBondsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $14,810,362 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $380,550 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $14,503,417 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $14,429,812 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $11,944,359 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $55,620 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $37,743 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $37,745 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $28,332,367 | TotalAssetsBOYAmt |
| Total Assets EOY | $27,734,676 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $27,130,085 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $30,110 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $42,610 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $30,110 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $42,610 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $28,302,257 | RetainedEarningBOYAmt |
| Retained Earning EOY | $27,692,066 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $28,302,257 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $27,692,066 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $28,332,367 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $27,734,676 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $28,302,257 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$610,191 | ExcessRevenueOverExpensesAmt |
| Subtotal | $27,692,066 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $27,692,066 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly-traded Securities | PropertyDesc |
| Gross Sales Price | $1,844,286 | GrossSalesPriceAmt |
| Cost Or Other Basis | $1,683,569 | CostOrOtherBasisAmt |
| Gain Or Loss | $160,717 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $160,717 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $160,717 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $8,933 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $8,933 | SubtotalAmt |
| Tax Based On Investment Income | $8,933 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $7,100 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $3,530 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $10,630 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $1,697 | OverpaymentAmt |
| Applied To ES Tax | $1,697 | 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 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | 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 | Yes (true) | 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 | Yes (true) | UndistributedIncomePYInd |
| Undistributed Income PY1 | 2019 | UndistributedIncomePY1Yr |
| Undistr Incm Sect4942a2 Not App | Yes (true) | UndistrIncmSect4942a2NotAppInd |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Karen Buboltz | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $0 | $0 | $0 |
| Michael J Flynn | ||||||||
| 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 |
| 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 Mgt | $133,614 |
| Foundation Source | |||||
| 55 Walls Drive 3rd Fl | Fairfield | CT | 06824 | Administrative | $75,166 |
| 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 | $11,878,358 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,555,657 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $11,982,104 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $26,416,119 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $26,416,119 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $396,242 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $26,019,877 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,300,994 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,300,994 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $8,933 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $8,933 | TotalTaxAmt |
| Distributable Before Adj | $1,292,061 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,292,061 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,292,061 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,235,784 | 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 | $1,235,784 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,235,784 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,292,061 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,244,984 | UndistributedIncomePYAmt |
| Prior Year1 | 2018 | PriorYear1Yr |
| Prior Year2 | 2017 | PriorYear2Yr |
| Prior Year3 | 2016 | PriorYear3Yr |
| Qualifying Distributions | $1,235,784 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,235,784 | AppliedToYear1Amt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Taxable2 | $9,200 | Taxable2Amt |
| Undistributed Income CY | $1,292,061 | 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 (18 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AUGUSTANA COLLEGE ASSOCIATION | |||||||
| 2001 S SUMMIT AVE | SIOUX FALLS | SD | 57197 | N/A | PC | Mitchell Prehistoric Indian Village Archeological Collection Conservation, Archeological Publications, and Public Education Outreach Activities | $100,000 |
| BOY SCOUTS OF AMERICA | |||||||
| 800 N W AVE | SIOUX FALLS | SD | 57104 | N/A | PC | David B. Jones Nature Education Center and Muesum of Paleontology | $149,875 |
| BOY SCOUTS OF AMERICA | |||||||
| 800 N W AVE | SIOUX FALLS | SD | 57104 | N/A | PC | David B. Jones Legacy Friends of Scouting | $25,000 |
| BURKE MUSEUM ASSOCIATION | |||||||
| PO BOX 353010 | SEATTLE | WA | 98195 | N/A | PC | The DIG Field School: Partnering paleontological research with K-12 education | $66,012 |
| FRIENDS OF THE UTAH FIELD HOUSE | |||||||
| 723 N VERNAL AVE | VERNAL | UT | 84078 | N/A | PC | increasing the educational and research capacity of the Paleontology Program at the Utah Field House of Natural History | $96,773 |
| MAMMOTH SITE OF HOT SPRINGS SOUTH DAKOTA INC | |||||||
| PO BOX 692 | HOT SPRINGS | SD | 57747 | N/A | PC | Expanding the Paleontology Internship Scholarship fund | $80,000 |
| MINNESOTA CHILDRENS MUSEUM | |||||||
| 10 7TH W ST | SAINT PAUL | MN | 55102 | N/A | PC | Dinosaurs: Land of Fire and Ice Exhibition | $41,305 |
| NORMANDALE COMMUNITY COLLEGE FOUNDATION INC | |||||||
| 1020 DISCOVERY RD STE 180 | EAGAN | MN | 55121 | N/A | PC | Expanding Experiential Learning of Paleontological Minnesota | $106,325 |
| NORMANDALE COMMUNITY COLLEGE FOUNDATION INC | |||||||
| 1020 DISCOVERY RD STE 180 | EAGAN | MN | 55121 | N/A | PC | The Prehistory of Minnesota's Lake Shetek Region: Archaeological Education and Research into Southwestern Minnesota's Earliest Human Inhabitants | $36,900 |
| RAYMOND M ALF MUSEUM | |||||||
| 1175 W BASELINE RD | CLAREMONT | CA | 91711 | N/A | SO III FI | Expanding Fossil Preparation Opportunities for High School Students | $50,000 |
| RAYMOND M ALF MUSEUM | |||||||
| 1175 W BASELINE RD | CLAREMONT | CA | 91711 | N/A | SO III FI | ACCESS Paleo SoCal | $82,500 |
| RAYMOND M ALF MUSEUM | |||||||
| 1175 W BASELINE RD | CLAREMONT | CA | 91711 | N/A | SO III FI | Secondary School Student Research | $28,335 |
| SCIENCE MUSEUM OF MINNESOTA | |||||||
| 120 KELLOGG BLVD W | SAINT PAUL | MN | 55102 | N/A | PC | Expanded Paleontology Outreach and Education through Hands-on Lab Experiences at the Science Museum of Minnesota | $60,636 |
| THE COLORADO MUSEUM OF NATURAL HISTORY | |||||||
| 2001 COLORADO BLVD | DENVER | CO | 80205 | N/A | PC | Support for David B. Jones Foundation Collections Assistant in Paleontology in the Department of Earth Sciences | $120,000 |
| THE COLORADO MUSEUM OF NATURAL HISTORY | |||||||
| 2001 COLORADO BLVD | DENVER | CO | 80205 | N/A | PC | Support for David B. Jones Interns in Paleontology in the Earth Sciences Internship Program of the Denver Museum of Nature & Science | $18,584 |
| UNIVERSITY OF NEBRASKA FOUNDATION | |||||||
| 1010 LINCOLN MALL STE 300 | LINCOLN | NE | 68508 | N/A | PC | Virtual Field Trip Educator Position and Internships for Field Experience in Vertebrate Paleontology at Ashfall Fossil Beds State Historical Park | $49,000 |
| Washington Academic Middle | |||||||
| 1705 10TH ST | Sanger | CA | 93657 | N/A | GOV | Paleontology Club | $10,000 |
| WESTERN CENTER COMMUNITY FOUNDATION | |||||||
| 2345 SEARL PKWY | HEMET | CA | 92543 | N/A | PC | Exploring a New World of Dinosaurs and Other Life from the Late Cretaceous of New Mexico | $11,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,132,245 | 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 | $6,458 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $408,716 | 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 | $245,503 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $140,807 | 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 | -$17,877 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $783,607 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $783,607 | 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, 2020, THE FOUNDATION PAID $133,614 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 (11 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Computation MethodComputationMethodTxt | Adjusted Net IncomeAdjustedNetIncomeAmt | Prior Year DepreciationPriorYearDepreciationAmt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|---|
| FARMLAND-SEC 27 | 2015-01-01 | $4,320,000 | L | $0 | ||||
| FARMLAND-NE SEC 21 | 2015-01-01 | $1,589,000 | L | $0 | ||||
| FARMLAND-SEC 13 | 2015-01-01 | $2,786,171 | L | $0 | ||||
| FARMLAND-SW SEC 21 | 2015-01-01 | $1,818,695 | L | $0 | ||||
| BLDG-2000 5TH ST | 2015-10-15 | $1,141,464 | SL | $0 | $124,389 | 39 | $29,268 | $29,268 |
| BLDG-3434 S 15 ST | 2015-10-15 | $804,455 | SL | $0 | $87,665 | 39 | $20,627 | $20,627 |
| BLDG-5299 NE 22 ST | 2015-10-15 | $859,212 | SL | $0 | $93,632 | 39 | $22,031 | $22,031 |
| LAND-2000 5TH ST | 2015-10-15 | $489,199 | L | |||||
| LAND-3434 S 15 ST | 2015-10-15 | $288,985 | L | |||||
| LAND-5299 NE 22 ST | 2015-10-15 | $687,993 | L | |||||
| LAND IMPR-TILE WRK | 2019-03-29 | $25,188 | SL | $0 | $1,259 | 15 | $1,679 | $1,679 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (25 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BIOGEN - 4.050% - 09/15/2025 | $102,431 | $114,595 |
| BLOCK FINL CORP CR SEN SR NT - | $107,728 | $106,280 |
| CA INC - 3.600% - 08/15/2022 | $102,586 | $103,019 |
| CAPITAL ONE NATL ASSN VA - 2.2 | $250,958 | $253,006 |
| CATHOLIC HEALTH INITIATIVES - | $103,914 | $108,066 |
| DELTA AIR LINES INC - 2.875% - | $101,180 | $102,875 |
| DXC TECH - 4.250% - 04/15/2024 | $199,620 | $218,220 |
| FLEXTRONICS INTL LTD - 5.000% | $110,343 | $108,147 |
| FLOWSERVE CORP - 3.500% - 09/1 | $102,311 | $103,706 |
| GILEAD SCIENCES - 3.650% - 03/ | $99,936 | $113,448 |
| HSBC BANK USA - 0.000% - 04/29 | $92,520 | $99,220 |
| JEFFERIES GROUP INC - 5.125% - | $106,664 | $109,244 |
| JM SMUCKER - 3.500% - 03/15/20 | $198,250 | $222,916 |
| JOHNSON CONTROLS INTERNATIONAL | $202,940 | $216,900 |
| JUNIPER NETWORKS INC - 4.500% | $108,025 | $111,900 |
| KAISER FNDTN HOSPS BOND - 3.50 | $206,663 | $207,732 |
| KOHLS CORP - 4.750% - 12/15/20 | $103,560 | $106,944 |
| KRAFT FOODS GROUP INC - 3.500% | $103,935 | $104,392 |
| NORDSTROM INC SR NT - 4.000% - | $110,133 | $101,162 |
| NYIDIA CORP - 2.200% - 09/16/2 | $100,520 | $101,217 |
| PITNEY BOWES INC - 4.700% - 04 | $101,020 | $102,000 |
| TYCO ELECTRONICS GROUP - 3.500 | $104,951 | $102,741 |
| WALGREEN CO - 3.100% - 09/15/2 | $102,656 | $104,386 |
| WELLS FARGO - 3.000% - 01/22/2 | $92,224 | $90,080 |
| WESTERN UN CO NOTE CALL - 3.60 | $202,980 | $206,546 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (27 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 3M CO | $4,658,597 | $4,998,994 |
| APPLE INC | $93,740 | $530,760 |
| AT&T, INC | $160,987 | $143,800 |
| B RILEY FINL INC PREF | $100,020 | $101,880 |
| BERKSHIRE HATHAWAY INC. CLASS | $75,025 | $115,935 |
| BRISTOL-MYERS SQUIBB CO | $197,839 | $186,090 |
| CISCO SYSTEMS INC | $155,583 | $223,750 |
| COMMUNICAT SVS SLCT SEC SPDR E | $62,843 | $74,903 |
| CONSUMER DISCRETIONARY SELECT | $58,437 | $71,547 |
| CONSUMER STAPLES SELECT SECTOR | $42,365 | $44,517 |
| FIDELITY CONSERVATIVE INC MUNI | $9 | $9 |
| FINANCIAL SELECT SECTOR SPDR F | $74,609 | $70,752 |
| GABELLI PREF G SHARES | $23,008 | $25,750 |
| INTEL CORP | $47,963 | $99,640 |
| INVESCO PLC | $91,180 | $87,150 |
| JOHNSON & JOHNSON | $131,050 | $196,725 |
| META FINANCIAL GROUP, INC | $430,917 | $811,632 |
| MICROSOFT CORP | $51,646 | $278,025 |
| MORGAN STANLEY PFD SER A | $52,420 | $62,375 |
| SELECT SECTOR SPDR ENERGY FUND | $22,245 | $15,387 |
| SELECT SECTOR SPDR INDUSTRIAL | $53,936 | $56,229 |
| SELECT SECTOR SPDR UTILITIES | $20,420 | $18,497 |
| SELECT SECTOR SPDR-HEALTH CARE | $85,342 | $93,021 |
| TECHNOLOGY SPDR | $146,868 | $189,179 |
| US BANCORP | $242,029 | $250,887 |
| VANGUARD DIVIDEND APPRECIATION | $106,905 | $141,170 |
| VANGUARD S&P 500 ETF | $94,300 | $171,845 |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp (11 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt | Accumulated DepreciationAccumulatedDepreciationAmt |
|---|---|---|---|---|
| FARMLAND-SEC 27 | $4,320,000 | $4,320,000 | $2,698,000 | |
| FARMLAND-NE SEC 21 | $1,589,000 | $1,589,000 | $1,060,800 | |
| FARMLAND-SEC 13 | $2,786,171 | $2,786,171 | $2,698,000 | |
| FARMLAND-SW SEC 21 | $1,818,695 | $1,818,695 | $1,194,000 | |
| BLDG-2000 5TH ST | $1,141,464 | $987,807 | $153,657 | |
| BLDG-3434 S 15 ST | $804,455 | $696,163 | $108,292 | |
| BLDG-5299 NE 22 ST | $859,212 | $743,549 | $115,663 | |
| LAND-2000 5TH ST | $489,199 | $489,199 | ||
| LAND-3434 S 15 ST | $288,985 | $288,985 | ||
| LAND-5299 NE 22 ST | $687,993 | $687,993 | ||
| LAND IMPR-TILE WRK | $25,188 | $22,250 | $22,250 | $2,938 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | GREAT PLAINS LODGING VI LLC | CategoryOrItemTxt |
| Book Value | $37,743 | BookValueAmt |
| EOYFMV | $37,745 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | General Consultations | CategoryTxt |
| Legal Fees | $3,581 | LegalFeesAmt |
| Net Investment Income | $3,472 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $109 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $75,166 | $75,166 | |
| Bank Charges | $105 | $105 | |
| Foundation Dues & Memberships | $200 | $200 | |
| Indemnification Insurance | $881 | $881 | |
| FDN CREDIT CARD ANNUAL FEE | $55 | $55 | |
| Property insurance | $20,197 | $20,197 | |
| State or Local Filing Fees | $25 | $25 | |
| Website Hosting/Support | $190 | $190 | |
| PROPERTY MAINTENANCE | $76,293 | $76,293 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | K-1 Inc/Loss GREAT PLAINS LODGING VI LLC | Desc |
| Revenue And Expenses Per Books | -$17,877 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | -$21,680 | NetInvestmentIncomeAmt |
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 | $42,610 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Investment Management Services | $133,614 | $133,614 |
| PROPERTY MANAGEMENT | $17,437 | $17,437 |
| BROKER SERVICES | $46,822 | $46,822 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 990-PF Estimated Tax for 2020 | $2,200 | |
| Property Taxes | $156,582 | $156,582 |