GREG AND KAREN JONES FAMILY FOUNDATION: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
GREG AND KAREN JONES FAMILY FOUNDATION (EIN 47-3240379)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-05-08
IRS object ID
201741289349101524
Schema version
2016v3.0
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)
Return2017-05-08T15:07:30-06:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN840817888PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BAUERLE AND COMPANY PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line17887 E BELLEVIEW AVE STE 700AddressLine1Txt
CityDENVERCityNm
State AbbreviationCOStateAbbreviationCd
ZIP801116021ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2016-01-01TaxPeriodBeginDt

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
Signature2017-05-02SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLYLE D MATTERN CPAPreparerPersonNm
PTINP00037847PTIN
Phone3037590089PhoneNum
Preparation2017-05-02PreparationDt

Filing Security Information FilingSecurityInformation

FieldValueIRS element (for citing)
At Submission Creation Device IdA1EEE6E0BA4349F2EDAECD85698C2DD816AAB3A1AtSubmissionCreationDeviceId
At Submission Filing Device Id3DF15BA34CAC9834C84B12E5ADC2AC7B26DB1B20AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$111,290FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$50,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$5InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$5InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$5InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$992DividendsRevAndExpnssAmt
Dividends Net Invst Incm$992DividendsNetInvstIncmAmt
Dividends Adj Net Incm$992DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$1,361NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$21,848GrossSalesPriceAmt
Total Rev And Expnss$52,358TotalRevAndExpnssAmt
Total Net Invst Incm$997TotalNetInvstIncmAmt
Total Adj Net Incm$997TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$990AccountingFeesRevAndExpnssAmt
Other Prof Fees Rev And Expnss$485OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$485OtherProfFeesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$1,475TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$485TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$21,900ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$21,900ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$23,375TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$485TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$21,900TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$28,983ExcessRevenueOverExpensesAmt
Net Investment Income$512NetInvestmentIncomeAmt
Adjusted Net Income$997AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$80,900CashBOYAmt
Cash EOY$37,051CashEOYAmt
Cash EOYFMV$37,051CashEOYFMVAmt
Sav And Temp Cash Invst EOY$72,832SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$74,239SavAndTempCashInvstEOYFMVAmt
Total Assets BOY$80,900TotalAssetsBOYAmt
Total Assets EOY$109,883TotalAssetsEOYAmt
Total Assets EOYFMV$111,290TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$80,900UnrestrictedBOYAmt
Unrestricted EOY$109,883UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$80,900TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$109,883TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$80,900TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$109,883TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$80,900TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$28,983ExcessRevenueOverExpensesAmt
Subtotal$109,883SubtotalAmt
Tot Net Ast Or Fund Balances EOY$109,883TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Net Vl Noncharitable Assets Yr1$79,686NetVlNoncharitableAssetsYr1Amt
Net Vl Noncharitable Assets$109,621NetVlNoncharitableAssetsAmt
Net Investment Income Pct$5NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$5AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$21,900QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$5InvestmentIncomeExciseTaxAmt
Subtotal$5SubtotalAmt
Tax Based On Investment Income$5TaxBasedOnInvestmentIncomeAmt
Tax Due$5TaxDueAmt

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 MEMBER0.20$0$0$0
WILLIAM MICHAEL JONES
10506 W SUNDANCE MOUNTAINLITTLETONCO80127BOARD MEMBER0.20$0$0$0
KAREN SALTER JONES
3 GOLDEN EAGLE LANELITTLETONCO80127BOARD MEMBER0.20$0$0$0
DIANNE LEARY JONES
10506 W SUNDANCE MOUNTAINLITTLETONCO80127BOARD MEMBER0.20$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$74,239AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$37,051AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$111,290TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$111,290AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$1,669CashDeemedCharitableAmt
Net Vl Noncharitable Assets$109,621NetVlNoncharitableAssetsAmt
Minimum Investment Return$5,481MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$5,481MinimumInvestmentReturnAmt
Tax Based On Investment Income$5TaxBasedOnInvestmentIncomeAmt
Total Tax$5TotalTaxAmt
Distributable Before Adj$5,476DistributableBeforeAdjAmt
Distributable Before Ded$5,476DistributableBeforeDedAmt
Distributable As Adjusted$5,476DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$21,900ExpensesAndContributionsAmt
Qualifying Distributions$21,900QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$5PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$21,895AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$5,476DistributableAsAdjustedAmt
Undistributed Income PY$3,984UndistributedIncomePYAmt
Qualifying Distributions$21,900QualifyingDistributionsAmt
Applied To Year1$3,984AppliedToYear1Amt
Applied To Current Year$5,476AppliedToCurrentYearAmt
Remaining Distri From Corpus$12,440RemainingDistriFromCorpusAmt
Total Corpus$12,440TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$12,440ExcessDistriCyovToNextYrAmt
Excess From Current Year$12,440ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)

Address Line1RecipientUSAddress/AddressLine1TxtAddress Line2RecipientUSAddress/AddressLine2TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtBusiness Name Line2RecipientBusinessName/BusinessNameLine2Txt
WHITTIER COLLEGE
16406 E PHILADELPHIA STPO BOX 634WHITTIERCA906080634501 (C) (3)HUGH MENDEZ SCHOLARSHIP FUND$10,000
ROCKY MOUNTAIN RESEARCH AND
PO BOX 440313AURORACO800440313501 (C) (3)IMPROVING HEALTH AND SAFETY IN ROCKY$400PREVENTION INSTITUTE
BOYS HOPE GIRLS HOPE
7060 E HAMPDEN AVENUESUITE 203DENVERCO80224501 (C) (3)HELPING YOUTH AT RISK$1,000
FOOD BANK OF THE ROCKIES
3900 NOME STREET UNIT TDENVERCO80239501 (C) (3)MAKE FOOD SECURITY A REALITY$500
COLORADO PUBLIC RADIO
7409 S ALTON CTCENTENNIALCO80112501 (C) (3)ENRICH COMMUNITY THROUGH NEWS$500
WOMEN'S BEAN PROJECT
3201 CURTIS STREETDENVERCO80205501 (C) (3)HELPING UNEMPLOYED WOMEN$1,000
SAMARITAN HOUSE
2301 LAWRENCE STDENVERCO80205501 (C) (3)SECURE FOOD, CLOTHING, HOUSING$1,000
WOMEN'S BEAN PROJECT
3201 CURTIS STREETDENVERCO80205501 (C) (3)HELPING UNEMPLOYED WOMEN$2,500
WOMEN'S BEAN PROJECT
3201 CURTIS STREETDENVERCO80205501 (C) (3)HELPING UNEMPLOYED WOMEN$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$21,900TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$5ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$992ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$1,361RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$997ExclusionAmt
Related Or Exempt Function Incm$1,361RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$2,358TotalIncomeProducingActyAmt

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$50,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT ACCOUNTING FEESCategoryTxt
Amt$990Amt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)

AssetAssetDescAcquiredAcquiredDtHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
CLOROX COMPANY 1890541092016-02PURCHASE2016-11$9,169$10,101-$932
LOCKHEED MARTIN 5398301092016-02PURCHASE2016-07$12,679$10,386$2,293

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT FEESCategoryTxt
Amt$485Amt
Net Investment Income$485NetInvestmentIncomeAmt

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