GREG AND KAREN JONES FAMILY FOUNDATION: Form 990PF, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
GREG AND KAREN JONES FAMILY FOUNDATION (EIN 47-3240379)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-05-14
IRS object ID
202631349349104633
Schema version
2025v4.0
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)
Return2026-05-14T17:33:44-04:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN475548433PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1REDSTONE CPA GROUP LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14465 KIPLING ST STE 106AddressLine1Txt
CityWHEAT RIDGECityNm
State AbbreviationCOStateAbbreviationCd
ZIP80033ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

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
Signature2026-05-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCAROL A MEIER CPAPreparerPersonNm
PTINP00502964PTIN
Phone3034227139PhoneNum
Preparation2026-05-14PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$325,739FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$812InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$812InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$4,295DividendsRevAndExpnssAmt
Dividends Net Invst Incm$4,295DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$10,724NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$19,147GrossSalesPriceAmt
Total Rev And Expnss-$5,617TotalRevAndExpnssAmt
Total Net Invst Incm$5,107TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$950AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$475AccountingFeesNetInvstIncmAmt
Taxes Rev And Expnss$69TaxesRevAndExpnssAmt
Taxes Net Invst Incm$34TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$4,571OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$2,285OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$5,590TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$2,794TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$15,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$15,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$20,590TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$2,794TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$15,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$26,207ExcessRevenueOverExpensesAmt
Net Investment Income$2,313NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$45,839CashBOYAmt
Cash EOY$15,959CashEOYAmt
Cash EOYFMV$15,958CashEOYFMVAmt
Sav And Temp Cash Invst BOY$217,990SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$221,614SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$309,781SavAndTempCashInvstEOYFMVAmt
Total Assets BOY$263,829TotalAssetsBOYAmt
Total Assets EOY$237,573TotalAssetsEOYAmt
Total Assets EOYFMV$325,739TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$263,829NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$237,573NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$263,829TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$237,573TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$263,829TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$237,573TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$263,829TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$26,207ExcessRevenueOverExpensesAmt
Subtotal$237,622SubtotalAmt
Other Decreases$49OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$237,573TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$32InvestmentIncomeExciseTaxAmt
Subtotal$32SubtotalAmt
Tax Based On Investment Income$32TaxBasedOnInvestmentIncomeAmt
Tax Due$32TaxDueAmt

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 ContributorsfalseNewSubstantialContributorsInd
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
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

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$284,485AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$30,899AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$315,384TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$315,384AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$4,731CashDeemedCharitableAmt
Net Vl Noncharitable Assets$310,653NetVlNoncharitableAssetsAmt
Minimum Investment Return$15,533MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$15,533MinimumInvestmentReturnAmt
Tax Based On Investment Income$32TaxBasedOnInvestmentIncomeAmt
Total Tax$32TotalTaxAmt
Distributable Before Adj$15,501DistributableBeforeAdjAmt
Distributable Before Ded$15,501DistributableBeforeDedAmt
Distributable As Adjusted$15,501DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$15,000ExpensesAndContributionsAmt
Qualifying Distributions$15,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$15,501DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$39,268ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$39,743ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$36,657ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$34,908ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$34,069ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$184,645TotalExcessDistributionCyovAmt
Qualifying Distributions$15,000QualifyingDistributionsAmt
Applied To Current Year$15,000AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$501ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$501ExcessDistributionCyovAppCYAmt
Total Corpus$184,144TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$38,767ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$145,377ExcessDistriCyovToNextYrAmt
Excess From Year4$39,743ExcessFromYear4Amt
Excess From Year3$36,657ExcessFromYear3Amt
Excess From Year2$34,908ExcessFromYear2Amt
Excess From Year1$34,069ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
BOYS HOPE GIRLS HOPE OF COLORADO
3090 S JAMAICA CT 212AURORACO80014PCHELPING YOUTH AT RISK$5,000
WOMEN'S BEAN PROJECT
1300 W ALAMEDADENVERCO80223PCEMPLOY, EMPOWER AND ENCOURAGE WOMEN$5,000
WESTERN RIVERS CONSERVANCY
71 SW OAK ST STE 100PORTLANDOR97204PCWATERWAY PRESERVATION$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$15,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$812ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$4,295ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$10,724RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$5,107ExclusionAmt
Related Or Exempt Function Incm-$10,724RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$5,617TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTAX PREPARATIONCategoryTxt
Amt$950Amt
Net Investment Income$475NetInvestmentIncomeAmt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (3 entries)

AssetAssetDescAcquiredAcquiredDtHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
ACCENTURE PLC IRELAND 30 SHRS2024-12PURCHASE2025-07$8,047$10,558-$2,511
ALBEMARLE CORP 70 SHRS2024-03PURCHASE2025-07$4,772$10,246-$5,474
LOCKHEED MARTIN CORP 15 SHRS2024-10PURCHASE2025-07$6,328$9,067-$2,739

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescPRIOR YEAR EXCISE TAX PAIDDesc
Amt$49Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
INVESTMENT ADVISORY FEES$4,571$2,285

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
CO SOS REGISTRATION$25$12
FOREIGN TAX PAID$44$22

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