GREG AND KAREN JONES FAMILY FOUNDATION: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
GREG AND KAREN JONES FAMILY FOUNDATION (EIN 47-3240379)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-05-31
IRS object ID
201801519349100710
Schema version
2017v2.3
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 ReturnHeader

FieldValueIRS element (for citing)
Return2018-05-31T12:56:03-06:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN390758449PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WIPFLI LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line17887 E BELLEVIEW AVE STE 700AddressLine1Txt
CityENGLEWOODCityNm
State AbbreviationCOStateAbbreviationCd
ZIP801116021ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN473240379EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE GREG AND KAREN JONESBusinessNameLine1Txt
Business Name Line2FAMILY FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlGREGBusinessNameControlTxt
Phone3039473260PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line110506 W SUNDANCE MOUNTAINAddressLine1Txt
CityLITTLETONCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80127ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWILLIAM MICHAEL JONESPersonNm
Person TitleBOARD MEMBERPersonTitleTxt
Phone3039473260PhoneNum
Signature2018-05-30SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLYLE D MATTERN CPAPreparerPersonNm
PTINP00037847PTIN
Phone3037590089PhoneNum
Preparation2018-05-30PreparationDt
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$189,229FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$100,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$28InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$28InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$28InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$1,612DividendsRevAndExpnssAmt
Dividends Net Invst Incm$1,612DividendsNetInvstIncmAmt
Dividends Adj Net Incm$1,612DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$1,865NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$36,266GrossSalesPriceAmt
Total Rev And Expnss$103,505TotalRevAndExpnssAmt
Total Net Invst Incm$1,640TotalNetInvstIncmAmt
Total Adj Net Incm$1,640TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$935AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$467AccountingFeesNetInvstIncmAmt
Other Prof Fees Rev And Expnss$832OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$832OtherProfFeesNetInvstIncmAmt
Trav Conf Meeting Rev And Expnss$935TravConfMeetingRevAndExpnssAmt
Other Expenses Rev And Expnss$2,815OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$325OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$5,517TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,624TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$29,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$29,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$34,517TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,624TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$29,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$68,988ExcessRevenueOverExpensesAmt
Net Investment Income$16NetInvestmentIncomeAmt
Adjusted Net Income$1,640AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$37,051CashBOYAmt
Cash EOY$140,436CashEOYAmt
Cash EOYFMV$140,436CashEOYFMVAmt
Sav And Temp Cash Invst BOY$72,832SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$38,435SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$48,793SavAndTempCashInvstEOYFMVAmt
Total Assets BOY$109,883TotalAssetsBOYAmt
Total Assets EOY$178,871TotalAssetsEOYAmt
Total Assets EOYFMV$189,229TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$109,883UnrestrictedBOYAmt
Unrestricted EOY$178,871UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$109,883TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$178,871TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$109,883TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$178,871TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$109,883TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$68,988ExcessRevenueOverExpensesAmt
Subtotal$178,871SubtotalAmt
Tot Net Ast Or Fund Balances EOY$178,871TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$21,895AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$109,621NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.199734DistributionYr1Rt
Net Vl Noncharitable Assets Yr2$79,686NetVlNoncharitableAssetsYr2Amt
Total Distribution0.199734TotalDistributionRt
Average Distribution0.199734AverageDistributionRt
Net Vl Noncharitable Assets$142,211NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$28,404AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$28,404AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$29,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateCOOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsYes (true)NewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksWILLIAM MICHAEL JONESIndividualWithBooksNm
Phone3039473260PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line110506 W SUNDANCE MOUNTAINAddressLine1Txt
CityLITTLETONCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80127ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
GREGORY ERLE JONES
3 GOLDEN EAGLE LANELITTLETONCO80127BOARD MEMBER000.00$0$0$0
WILLIAM MICHAEL JONES
10506 W SUNDANCE MOUNTAINLITTLETONCO80127BOARD MEMBER000.00$0$0$0
KAREN SALTER JONES
3 GOLDEN EAGLE LANELITTLETONCO80127BOARD MEMBER000.00$0$0$0
DIANNE LEARY JONES
10506 W SUNDANCE MOUNTAINLITTLETONCO80127BOARD MEMBER000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$55,634AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$88,743AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$144,377TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$144,377AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$2,166CashDeemedCharitableAmt
Net Vl Noncharitable Assets$142,211NetVlNoncharitableAssetsAmt
Minimum Investment Return$7,111MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$7,111MinimumInvestmentReturnAmt
Distributable Before Adj$7,111DistributableBeforeAdjAmt
Distributable Before Ded$7,111DistributableBeforeDedAmt
Distributable As Adjusted$7,111DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$29,000ExpensesAndContributionsAmt
Qualifying Distributions$29,000QualifyingDistributionsAmt
Adjusted Qualifying Distri$29,000AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$7,111DistributableAsAdjustedAmt
Excess Distribution Cyov Yr1$12,440ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$12,440TotalExcessDistributionCyovAmt
Qualifying Distributions$29,000QualifyingDistributionsAmt
Applied To Current Year$7,111AppliedToCurrentYearAmt
Remaining Distri From Corpus$21,889RemainingDistriFromCorpusAmt
Total Corpus$34,329TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$34,329ExcessDistriCyovToNextYrAmt
Excess From Year1$12,440ExcessFromYear1Amt
Excess From Current Year$21,889ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2TxtBusiness Name Line2RecipientBusinessName/BusinessNameLine2Txt
WOMEN'S BEAN PROJECT
3201 CURTIS STREETDENVERCO80205501 (C) (3)HELPING UNEMPLOYED WOMEN$5,000
INFINITE HERO FOUNDATION
22365 EL TORO ROADLAKE FORESTCA92630501 (C) (3)HELPING VETERANS AND THEIR FAMILIES$2,500SUITE 275
WHITTIER COLLEGE
16406 E PHILADELPHIA STWHITTIERCA906080634501 (C) (3)HUGH MENDEZ SCHOLARSHIP FUND$10,000PO BOX 634
MICHAEL J FOX FOUNDATION
GRAND CENTRAL STANEW YORKNY101634777501 (C) (3)PARKINSONS RESEARCH$1,000PO BOX 4777FOR PARKINSONS RESEARCH
BOYS HOPE GIRLS HOPE
7060 E HAMPDEN AVENUEDENVERCO80224501 (C) (3)HELPING YOUTH AT RISK$5,000SUITE 203
BOYS HOPE GIRLS HOPE
7060 E HAMPDEN AVENUEDENVERCO80224501 (C) (3)HELPING YOUTH AT RISK$500SUITE 203
FOOD BANK OF THE ROCKIES
3900 NOME STREET UNIT TDENVERCO80239501 (C) (3)MAKE FOOD SECURITY A REALITY$1,000
WOMEN'S BEAN PROJECT
3201 CURTIS STREETDENVERCO80205501 (C) (3)HELPING UNEMPLOYED WOMEN$500
SAMARITAN HOUSE
2301 LAWRENCE STDENVERCO80205501 (C) (3)SECURE FOOD, CLOTHING, HOUSING$1,000
HABITAT FOR HUMANITY
550 S WADSWORTHLAKEDWOODCO80226501 (C) (3)HELPING FAMILIES BUILD$500SUITE 150
CATHOLIC CHARITIES ARCHDIOCESE
6240 SMITH ROADDENVERCO80216501 (C)(3)HELPING THOSE IN NEED$1,000OF DENVER
ADAMS PLACE
7931 S BROADWAYLITTLETONCO80122501 (C) (3)MENTAL ILLNESS EDUCATION$1,000STE 339
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$29,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$28ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$1,612ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$1,865RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$1,640ExclusionAmt
Related Or Exempt Function Incm$1,865RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$3,505TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonGREGORY E JONESContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line13 GOLDEN EAGLE LNAddressLine1Txt
CityLITTLETONCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80127ZIPCd
FieldValueIRS element (for citing)
Total Contributions$100,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT ACCOUNTING FEESCategoryTxt
Amt$935Amt
Net Investment Income$467NetInvestmentIncomeAmt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (3 entries)

AssetAssetDescAcquiredAcquiredDtHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
WASTE MGMT INC 94106L1092016-12PURCHASE2017-08$15,118$14,214$904
AT&T INC 0020R1022016-02PURCHASE2017-03$11,577$10,104$1,473
GENERAL MILLS INC 3703341042016-03PURCHASE2017-11$9,571$10,083-$512

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
FOUNDATION FEE$750$325
OTHER ADMIN$2,065

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT FEESCategoryTxt
Amt$832Amt
Net Investment Income$832NetInvestmentIncomeAmt

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