The Jones Family Foundation

ST PAUL, MN EIN: 45-3069865 Website

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.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$12.6M

+4.1% YoY

Annual Giving

$802K

-1.0% YoY

Grant Count

18

+5.9% YoY

Avg Grant Size

$45K

-6.5% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$430K$860K$1M$2M201920202021202220232024
Metric202420232022
Total Assets$12,595,703$12,094,847$12,265,647
Revenue$1,233,529$376,920$426,788
Expenses$1,129,844$1,126,736$711,603
Qualifying Distributions
Net Investment Income$593,925$373,100$421,597
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$321K$641K$962K$1M0 grants20190 grants202017 grants202115 grants202217 grants202318 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

RED WING ARTS ASSOCIATION$155KRISEUP PARTNERSHIP$103KRED WING DOWNTOWN COUNCI…$60KHISPANIC OUTREACH PROGRA…$60KCITY OF RED WING$58KRED WING IGNITE$50KSERVEMINNESOTA$50KUNIVERSAL MUSIC CENTER INC$48KCREEKSTONE MONTESSORI SC…$37KHOPE COALITION$36K

Grant Size Distribution

67 grants across all recorded years

43<$50K16$50–100K6$100–250K2$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does The Jones Family Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DAN MASSETTCHAIR1
SCOTT JONESCO-VICE CHAIR1
ANNE JONESCO-VICE CHAIR1
TIM KELLYCO-TREASURER1
JEREMY WELLSDIRECTOR1
SHEILA BECKNERDIRECTOR1
RICH BODENSTEINERDIRECTOR1
PASTOR JUSTIN BOEDINGDIRECTOR1
NEELA MOLLGAARDDIRECTOR1
ETHAN SEABERGDIRECTOR1
JAY TAUERDIRECTOR1
RACHELLE COBBSECRETARY35
SCOTT ZASTOUPILVICE TREASURER1

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

2states

Cities

EAU CLAIREMINNEAPOLISRED WINGSAINT PAULWINONA

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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