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Nonprofit · EIN 45-3069865

JONES FAMILY FOUNDATION

Tax-exempt · SAINT PAUL, MN 55102

Financials

$377K$1.1M2023$1.2M$1.1M2024
Revenue Expenses · by fiscal year end
Financials of JONES FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,233,529$1,129,844$103,685$12,595,703$237,573$12,358,130
December 31, 2023990$376,920$1,126,736-$749,816$12,094,847$207,932$11,886,915
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$639,604
Program service revenue
$0
Investment income
$593,925
Net gain from sales of assets
$388,859
Other revenue
$0

Expenses

Grants and similar amounts paid
$867,148
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$594
Accounting fees
$4,917
Program services (functional)
$921,173
Management and general (functional)
$208,671

Balance sheet and other

Total assets, start of year
$12,094,847
Total assets, end of year
$12,595,703
Total liabilities, end of year
$237,573
Net assets, end of year
$12,358,130
Net assets without donor restrictions
$12,358,130
Gross unrelated business income
$15,058
Gross receipts
$301,855,296
Employees
0
Volunteers
10
Year formed
2011
State of legal domicile
MN

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
JEREMY WELLSDIRECTOR
Trustee or director
1$0$286,370$51,410
SCOTT ZASTOUPILVICE TREASURER
Officer
1$0$277,724$35,035
RACHELLE COBBSECRETARY
Officer
35$0$65,197$13,877
DAN MASSETTCHAIR
Trustee or director, Officer
1$0$0$0
SCOTT JONESCO-VICE CHAIR
Trustee or director, Officer
1$0$0$0
ANNE JONESCO-VICE CHAIR
Trustee or director, Officer
1$0$0$0
TIM KELLYCO-TREASURER
Trustee or director, Officer
1$0$0$0
SHEILA BECKNERDIRECTOR
Trustee or director
1$0$0$0
RICH BODENSTEINERDIRECTOR
Trustee or director
1$0$0$0
PASTOR JUSTIN BOEDINGDIRECTOR
Trustee or director
1$0$0$0
NEELA MOLLGAARDDIRECTOR
Trustee or director
1$0$0$0
ETHAN SEABERGDIRECTOR
Trustee or director
1$0$0$0
JAY TAUERDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JEREMY WELLSBOARD MEMBER
Trustee or director
1$0$268,950$48,668
SCOTT ZASTOUPILVICE TREASURER
Officer
1$0$237,564$31,841
RACHELLE COBBSECRETARY
Officer
35$0$53,437$12,006
DAN MASSETTBOARD CHAIR
Trustee or director, Officer
1$0$0$0
ANNE JONESCO-VICE CHAIR
Trustee or director, Officer
1$0$0$0
SCOTT JONESCO-VICE CHAIR
Trustee or director, Officer
1$0$0$0
TIM KELLYTREASURER
Trustee or director, Officer
1$0$0$0
SHEILA BECKNERBOARD MEMBER
Trustee or director
1$0$0$0
RICH BODENSTEINERBOARD MEMBER
Trustee or director
1$0$0$0
PASTOR JUSTIN BOEDINGBOARD MEMBER
Trustee or director
1$0$0$0
NEELA MOLLGAARDBOARD MEMBER
Trustee or director
1$0$0$0
ETHAN SEABERGBOARD MEMBER
Trustee or director
1$0$0$0
JAY TAUERBOARD MEMBER
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
370 WABASHA ST N STE 300, SAINT PAUL, MN 55102-1329
Principal officer (990 for 2024)
DAN MASSETT, 370 WABASHA STREET NORTH 300, ST PAUL, MN 55102
Signed the 990
DAN MASSETT, BOARD CHAIR
Phone
(651) 224-5463
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

THE MISSION OF THE JONES FAMILY FOUNDATION IS TO IDENTIFY, INITIATE AND SUPPORT ENDEAVORS THAT POSITIVELY IMPACT THE QUALITY OF LIFE IN THE RED WING AREA OF MINNESOTA.

990 for the year ended December 31, 2024

Program accomplishments

  • THE JONES FAMILY FOUNDATION PROVIDES GRANTS TO COMMUNITY NONPROFIT ORGANIZATIONS AND INITIATIVES WHICH FIT THE FOUNDATION'S MISSION AND FUNDAMENTAL STRATEGIES TO IMPROVE THE QUALITY OF LIFE IN THE RED WING, MINNESOTA GEOGRAPHIC AREA.
    Expenses $921,173 · grants $867,148

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
45-3069865
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2011
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B11)
Assets (IRS master file)
$12,595,703
Income (IRS master file)
$301,855,296

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,233,529$1,129,844$12,595,703XML
990-TDecember 2024–––IRS
990December 2023$376,920$1,126,736$12,094,847XML
990-TDecember 2023–––IRS
990December 2022$426,788$711,603$12,265,647IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2019–––IRS
990December 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 45-3069865).

Questions about JONES FAMILY FOUNDATION

What is the EIN of JONES FAMILY FOUNDATION?
The employer identification number (EIN) of JONES FAMILY FOUNDATION is 45-3069865.
Is JONES FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to JONES FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does JONES FAMILY FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of JONES FAMILY 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 JONES FAMILY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of JONES FAMILY FOUNDATION?
The 990 for the year ended December 31, 2024 names DAN MASSETT.
Who are the officers and directors of JONES FAMILY FOUNDATION?
The 990 for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
How much revenue does JONES FAMILY FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,233,529, expenses of $1,129,844 and total assets of $12,595,703 at year end.

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