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Nonprofit · EIN 31-1508706

RALPH R AND GRACE B JONES FOUNDATION

Tax-exempt · WOOSTER, OH 44691

Financials

$429K$456K2023$301K$536K2024
Revenue Expenses · by fiscal year end
Financials of RALPH R AND GRACE B JONES FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$301,254$536,472-$235,218$7,769,143$0$7,769,143
December 31, 2023990-PF$428,672$456,158-$27,486$7,490,239$0$7,490,239
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$169,058
Net gain from sales of assets
$132,196

Expenses

Grants and similar amounts paid
$460,250
Compensation of officers, directors and key employees
$28,000
Disbursements for charitable purposes
$480,699
Excise tax on investment income
$3,832

Balance sheet and other

Total assets, start of year
$7,490,239
Total assets, end of year
$7,769,143
Total liabilities, end of year
$0
Net assets, end of year
$7,769,143
Fair market value of assets
$7,769,143
Qualifying distributions
$480,699
Net investment income
$301,254

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
J DOUGLAS DRUSHAL
225 N MARKET STREET, WOOSTER, OH 44691
TRUSTEE2$14,000
MATTHEW A LONG
419 S MARKET STREET, WOOSTER, OH 44691
TRUSTEE2$14,000
KATHRYN G LONG
419 S MARKET STREET, WOOSTER, OH 44691
TRUSTEE2$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
J DOUGLAS DRUSHAL
225 N MARKET STREET, WOOSTER, OH 44691
TRUSTEE2$13,500
MATTHEW A LONG
419 S MARKET STREET, WOOSTER, OH 44691
TRUSTEE2$13,500
KATHRYN G LONG
419 S MARKET STREET, WOOSTER, OH 44691
TRUSTEE2$0

Address and contacts

Address (IRS master file)
419 S MARKET ST, WOOSTER, OH 44691-4727
In care of
% KATHRYN G LONG TTEE
Signed the 990-PF
MATTHEW LONG, TRUSTEE
Phone
(330) 264-4444
Return prepared by
MEADEN & MOORE LTD

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
31-1508706
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1997
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$7,769,143
Income (IRS master file)
$325,970

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$301,254$536,472$7,769,143XML
990-TDecember 2024–––IRS
990-PFDecember 2023$428,672$456,158$7,490,239XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-1508706).

Questions about RALPH R AND GRACE B JONES FOUNDATION

What is the EIN of RALPH R AND GRACE B JONES FOUNDATION?
The employer identification number (EIN) of RALPH R AND GRACE B JONES FOUNDATION is 31-1508706.
Is RALPH R AND GRACE B JONES FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to RALPH R AND GRACE B JONES FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does RALPH R AND GRACE B JONES FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of RALPH R AND GRACE B JONES FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RALPH R AND GRACE B JONES FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of RALPH R AND GRACE B JONES FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 3 people; 2 received compensation from the organization, the highest $14,000 (J DOUGLAS DRUSHAL, TRUSTEE).
How much revenue does RALPH R AND GRACE B JONES FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $301,254, expenses of $536,472 and total assets of $7,769,143 at year end.

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