Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
David B Jones Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

41-1909574
B Telephone number (see instructions)

(800) 839-1754
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$28,075,969J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 1,566 1,566  
4 Dividends and interest from securities... 380,780 380,780  
5a Gross rents............ 677,970 677,970  
b Net rental income or (loss) 221,680
6a Net gain or (loss) from sale of assets not on line 10 994,882
b Gross sales price for all assets on line 6a 5,537,667
7 Capital gain net income (from Part IV, line 2)... 994,882
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 11,903 -9,458  
12 Total. Add lines 1 through 11........ 2,067,101 2,045,740  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 25,000     25,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 1,913     1,913
16a Legal fees (attach schedule)......... Click to see attachment 14,937 14,804 0 133
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 284,736 284,736    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 230,314 224,884    
19 Depreciation (attach schedule) and depletion... Click to see attachment 58,825 58,825 0
20 Occupancy.............. 933 933    
21 Travel, conferences, and meetings....... 36 36    
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 149,617 76,744   77,736
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 766,311 660,962 0 104,782
25 Contributions, gifts, grants paid....... 1,429,655 1,429,655
26 Total expenses and disbursements. Add lines 24 and 25 2,195,966 660,962 0 1,534,437
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -128,865
b Net investment income (if negative, enter -0-) 1,384,778
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 2,768,790 4,251,023 4,251,023
3 Accounts receivable bullet51
Less: allowance for doubtful accounts bullet     51 51
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)   Click to see attachment539,531 533,525
b Investments—corporate stock (attach schedule)....... 7,280,283 Click to see attachment8,524,285 11,669,993
c Investments—corporate bonds (attach schedule)....... 3,218,048 Click to see attachment2,283,208 2,306,302
11 Investments—land, buildings, and equipment: basis bullet12,144,529
Less: accumulated depreciation (attach schedule) bullet182,925 14,429,812 Click to see attachment11,961,604 9,281,464
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 37,743 Click to see attachment33,609 33,611
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 27,734,676 27,593,311 28,075,969
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment42,610 Click to see attachment30,110
23 Total liabilities (add lines 17 through 22)......... 42,610 30,110
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 27,692,066 27,563,201
29 Total net assets or fund balances (see instructions)..... 27,692,066 27,563,201
30 Total liabilities and net assets/fund balances (see instructions). 27,734,676 27,593,311
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
27,692,066
2
Enter amount from Part I, line 27a .....................
2
-128,865
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
27,563,201
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
27,563,201
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly-traded Securities      
b 3434 S. 15TH STREET, COUNCIL BLUFFS, IA P 2015-10-15 2021-09-21
c 5299 NE 22ND STREET, DES MOINES, IA P 2015-10-15 2021-12-03
d LAND IMPROV - TILE WORK, DES MOINES, IA P 2019-03-29 2021-12-03
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 2,055,417   2,005,153 50,264
b 1,350,000   971,396 378,604
c 2,110,000   1,545,105 564,895
d 22,250   21,131 1,119
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       50,264
b       378,604
c       564,895
d       1,119
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 994,882
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 19,248
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 19,248
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 3,597
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 17,800
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 21,397
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 102
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2,047
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet2,047 RefundedBullet 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMN
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletFoundation Source Telephone no.bullet (800) 839-1754

    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Michael J FlynnClick to see attachment Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Brad GrossenburgClick to see attachment Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Don LofgrenClick to see attachment Dir, Sec
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Jeffrey MaloneClick to see attachment Pres
    3.0     		25,000 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Raymond RogersClick to see attachment Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Muriel RunholtClick to see attachment Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
     
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    Malone Capital Advisors LLC INVESTMENT MGMT 184,908
    122 S PHILLIPS AVE SUITE 260
    SIOUX FALLS,SD57104
    Foundation Source Administrative 76,724
    55 Walls Drive 3rd Floor
    Fairfield,CT06824
    Newmark Knight Frank Investment Mgmt 60,750
    125 Park Ave
    NEW YORK,NY10017
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    13,459,161
    b
    Average of monthly cash balances.......................
    1b
    3,112,910
    c
    Fair market value of all other assets (see instructions)................
    1c
    12,260,193
    d
    Total (add lines 1a, b, and c).........................
    1d
    28,832,264
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    28,832,264
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    432,484
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    28,399,780
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,419,989
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    1,419,989
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    19,248
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    19,248
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,400,741
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,400,741
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    1,400,741
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 1,400,741
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 1,292,061
    b Total for prior years:2019, 2018, 2017  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........  
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 1,534,488
    a Applied to 2020, but not more than line 2a 1,292,061
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2021 distributable amount..... 242,427
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		1,158,314
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021.... 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    DAVID B JONES FOUNDATION
    FOUNDATION SOURCE 501 SILVERSIDE RD
    Wilmington,DE198091377
    (800) 839-1754
    bThe form in which applications should be submitted and information and materials they should include:
    WWW.DBJONESFOUNDATION.ORG
    cAny submission deadlines:
    WWW.DBJONESFOUNDATION.ORG
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    WWW.DBJONESFOUNDATION.ORG
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    BOY SCOUTS OF AMERICA
    800 N W AVE
    SIOUX FALLS,SD57104     		N/A PC David B. Jones Nature Education Center and Museum of Paleontology 149,875
    BOY SCOUTS OF AMERICA
    800 N W AVE
    SIOUX FALLS,SD57104     		N/A PC David B. Jones Legacy Friends of Scouting 25,000
    CARTHAGE COLLEGE
    2001 ALFORD PARK DR
    KENOSHA,WI53140     		N/A PC Carthage Institute of Paleontology's Preparator and Undergraduate Paleo Education Project 74,646
    CATAWBA SCIENCE CENTER INC
    PO BOX 2431
    HICKORY,NC28603     		N/A PC General & Unrestricted 30,000
    CHILDRENS MUSEUM OF PHOENIX
    215 N 7TH ST
    PHOENIX,AZ85034     		N/A PC Dinosaur Month at the Children's Museum of Phoenix in Fall 2021 6,000
    CSUSB PHILANTHROPIC FOUNDATION
    5500 UNIVERSITY PKWY
    SN BERNRDNO,CA92407     		N/A PC Late Jurassic Theropods Of Jemez Pueblo, New Mexico 15,078
    DELAWARE ACADEMY OF SCIENCE INC
    1355 OLD BALTIMORE PIKE
    NEWARK,DE19702     		N/A PC PaleoZoo at Iron Hill Museum & Science Center 2,500
    FRIENDS OF DINOSAUR RIDGE
    16831 W ALAMEDA PKWY
    MORRISON,CO80465     		N/A PC Virtual Education Programs 30,000
    FRIENDS OF NDGS PALEO
    PO BOX 164
    MANDAN,ND58554     		N/A PC General & Unrestricted 49,503
    MAMMOTH SITE OF HOT SPRINGS SOUTH DAKOTA INC
    PO BOX 692
    HOT SPRINGS,SD57747     		N/A PC Expanding the Paleontology Internship Scholarship Fund 150,000
    MINNESOTA CHILDRENS MUSEUM
    10 7TH W ST
    SAINT PAUL,MN55102     		N/A PC Dinosaurs: Land of Fire and Ice Exhibit National Tour 54,315
    NORMANDALE COMMUNITY COLLEGE FOUNDATION INC
    1020 DISCOVERY RD STE 180
    EAGAN,MN55121     		N/A PC Expanding Exposure to Career Pathways in Anthropology & Archeology 125,000
    NORTHERN WYOMING COMMUNITY COLLEGE FOUNDATION DBA
    PO BOX 6328
    SHERIDAN,WY82801     		N/A SO I Sheridan College Foundation Fund 81,000
    REGENTS OF THE UNIVERSITY OF CALIFORNIA - BERKELEY
    2150 SHATTUCK AVE
    BERKELEY,CA94704     		N/A GOV Advancing Community College Education and Student 71,290
    REGENTS OF THE UNIVERSITY OF COLORADO
    1800 N GRANT ST STE 400
    DENVER,CO80203     		N/A PC Identifying and imaging tiny mammal fossils in the University of Colorado Museum's Fossil Vertebrate Collection, and illuminating their microscopic features 80,567
    SAN DIEGO SOCIETY OF NATURAL HISTORY BALBOA PARK
    1788 EL PRADO
    SAN DIEGO,CA92101     		N/A PC Paleontology Apprenticeship Program for Undergraduate Student 32,308
    SCIENCE JOURNAL FOR KIDS
    1011 ELLINGSON LN
    AUSTIN,TX78751     		N/A PC Innovative Paleontology Education 16,000
    SCIENCE KIDS
    PO BOX 4045
    SHERIDAN,WY82801     		N/A PC Science Kids Program 50,000
    THE COLORADO MUSEUM OF NATURAL HISTORY
    2001 COLORADO BLVD
    DENVER,CO80205     		N/A PC Support for David B. Jones Interns in Paleontology in the Earth Sciences Internship Program of the Denver Museum of Nature & Science Project 18,955
    TOWSON UNIVERSITY FOUNDATION INC
    8000 YORK RD
    TOWSON,MD21252     		N/A PC Rehabilitation of the Towson University Paleontology Teaching Collection for Renewed Undergraduate Education and K-12 Outreach Activities 48,617
    UNIVERSITY OF NEBRASKA FOUNDATION
    1010 LINCOLN MALL STE 300
    LINCOLN,NE68508     		N/A PC Virtual Field Trip Educator and Internships for Field Experience in Vertebrate Paleontology at Ashfall Fossil Beds State Historical Park 51,400
    WASHINGTON PAVILION MANAGEMENT INC
    301 S MAIN AVE
    SIOUX FALLS,SD57104     		N/A PC Expanding the Reach of Paleontology at the Washington Pavilion 256,601
    WESTERN CENTER COMMUNITY FOUNDATION
    2345 SEARL PKWY
    HEMET,CA92543     		N/A PC Exploring a New World of Dinosaurs and Other Life from the Late Cretaceous of New Mexico 11,000
    Total .................................bullet 3a 1,429,655
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 1,566  
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 221,680  
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 994,882  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aK-1 Inc/Loss     		    14 -4,134  
    bFederal Tax Refund     01 16,037  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) ..   1,610,811  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,610,811
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 CompensationExplanation
    Name:
    David B Jones Foundation
    EIN:
    41-1909574
    Person Name Explanation
    Jeffrey Malone *JEFFREY MALONE, PRESIDENT OF DAVID B. JONES FOUNDATION (THE "FOUNDATION"), IS A PRESIDENT AT THE INVESTMENT MANAGEMENT FIRM OF MALONE CAPITAL ADVISORS, LLC, A DISQUALIFIED PERSON WHICH PROVIDES INVESTMENT MANAGEMENT SERVICES TO THE FOUNDATION. DURING THE TAXABLE YEAR ENDING DECEMBER 31, 2021, THE FOUNDATION PAID $184,908 FOR INVESTMENT MANAGEMENT SERVICES RENDERED BY SUCH DISQUALIFIED PERSON AS REPORTED IN FORM 990-PF, PART I, LINE 16C. SUCH INVESTMENT MANAGEMENT FIRM BILLED THE FOUNDATION AT THE SAME RATE OR BELOW THE RATE IT CHARGES ITS OTHER CLIENTS.

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2021 DepreciationSchedule
    Name:
    David B Jones Foundation
    EIN:
    41-1909574
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    FARMLAND-SEC 27 2015-01-01 4,320,000   L       0  
    FARMLAND-NE SEC 21 2015-01-01 1,589,000   L       0  
    FARMLAND-SEC 13 2015-01-01 2,786,171   L       0  
    FARMLAND-SW SEC 21 2015-01-01 1,818,695   L       0  
    BLDG-2000 5TH ST 2015-10-15 1,141,464 153,657 SL 39 29,268 29,268 0  
    LAND-2000 5TH ST 2015-10-15 489,199   L       0  
    BLDG-3434 S 15 ST 2015-10-15 804,455 108,292 SL 39 13,751 13,751 0  
    LAND-3434 S 15 ST 2015-10-15 288,985   L          
    BLDG-5299 NE 22 ST 2015-10-15 859,212 115,663 SL 39 14,687 14,687 0  
    LAND-5299 NE 22 ST 2015-10-15 687,993   L          
    LAND IMPR-TILE WRK 2019-03-29 25,188 2,938 SL 15 1,119 1,119 0  

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    David B Jones Foundation
    EIN:
    41-1909574
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BIOGEN - 4.050% - 09/15/2025 102,431 108,658
    BLOCK FINL CORP CR SEN SR NT - 107,728 101,416
    CATHOLIC HEALTH INITIATIVES - 103,914 104,581
    CINCINATTI CHILDRENS HOSP - 2. 120,716 115,245
    DELTA AIR LINES INC - 2.875% - 101,180 100,001
    FLEXTRONICS INTL LTD - 5.000% 110,343 104,309
    GILEAD SCIENCES - 3.650% - 03/ 99,936 107,787
    GOLDMAN SACHS - 2.000% - 05/28 99,900 98,802
    HSBC BANK USA - 0.000% - 04/29 92,520 99,310
    JM SMUCKER - 3.500% - 03/15/20 198,250 213,207
    JOHNSON CONTROLS INTERNATIONAL 202,940 210,620
    KAISER FNDTN HOSPS BOND - 3.50 206,664 201,336
    KOHLS CORP - 4.750% - 12/15/20 103,560 105,386
    KRAFT FOODS GROUP INC - 3.500% 103,935 100,994
    LINCOLN CINTY S D ECONOMIC DEV 100,000 103,272
    PACIFIC WESTERN BANK MTN - 3.2 100,000 100,600
    PITNEY BOWES INC - 4.700% - 04 101,020 103,500
    READY CAPITAL CORP - 5.500% - 100,000 100,090
    ROGERS CITY MICH GO - 2.300% - 25,515 25,485
    WALGREEN CO - 3.100% - 09/15/2 102,656 101,703

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    David B Jones Foundation
    EIN:
    41-1909574
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M CO 4,658,597 5,080,217
    ALTRIA GROUP INC 222,934 236,950
    APPLE INC 93,740 710,280
    AT&T, INC 160,987 123,000
    B RILEY FIN INC NT 28 0% 100,000 100,040
    B. RILEY FINANCIAL INC - 5.5% 125,000 127,500
    BERKSHIRE HATHAWAY INC. CLASS 75,025 149,500
    BRISTOL-MYERS SQUIBB CO 460,536 467,625
    CISCO SYSTEMS INC 155,583 316,850
    COMMUNICATION SVCS SLCT SCTR S 62,843 86,225
    CONSUMER DISCRETIONARY SELECT 58,437 90,976
    CONSUMER STAPLES SELECT SECTOR 42,365 50,893
    EAGLE POINT CREDIT COMPANY - 6 100,000 104,520
    FEDERAL AGRIC MTG CORP 4.875% 62,500 64,450
    FIDELITY CONSERVATIVE INC MUNI 9 9
    FINANCIAL SELECT SECTOR SPDR F 74,609 93,720
    GABELLI PREF G SHARES 23,008 25,540
    JOHNSON & JOHNSON 131,050 213,838
    KELLOGG CO 309,956 322,100
    LOCKHEED MARTIN CORP 166,213 177,705
    META FINANCIAL GROUP, INC 430,917 1,324,452
    MICROSOFT CORP 51,646 420,400
    MORGAN STANLEY PFD SER A 52,420 62,750
    READY CAPITAL CORP 5.75% 2/15/ 51,400 51,840
    SELECT SECTOR SPDR ENERGY FUND 22,245 22,533
    SELECT SECTOR SPDR INDUSTRIAL 53,936 67,189
    SELECT SECTOR SPDR-HEALTH CARE 85,342 115,530
    TECHNOLOGY SPDR 146,868 252,981
    THE MOSAIC CO 102,885 117,870
    US BANCORP 242,029 302,475
    VANGUARD DIVIDEND APPRECIATION 106,905 171,750
    VANGUARD S&P 500 ETF 94,300 218,285

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    David B Jones Foundation
    EIN:
    41-1909574
    US Government Securities - End of Year Book Value:

    142,532
    US Government Securities - End of Year Fair Market Value:

    143,435
    State & Local Government Securities - End of Year Book Value:


    396,999
    State & Local Government Securities - End of Year Fair Market Value:


    390,090


    TY 2021 InvestmentsLandSchedule2
    Name:
    David B Jones Foundation
    EIN:
    41-1909574
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    FARMLAND-SEC 27 4,320,000   4,320,000 2,698,000
    FARMLAND-NE SEC 21 1,589,000   1,589,000 1,060,800
    FARMLAND-SEC 13 2,786,171   2,786,171 2,698,000
    FARMLAND-SW SEC 21 1,818,695   1,818,695 1,194,000
    BLDG-2000 5TH ST 1,141,464 182,925 958,539  
    LAND-2000 5TH ST 489,199   489,199  
    BLDG-3434 S 15 ST        
    LAND-3434 S 15 ST        
    BLDG-5299 NE 22 ST        
    LAND-5299 NE 22 ST        
    LAND IMPR-TILE WRK        

    TY 2021 InvestmentsOtherSchedule2
    Name:
    David B Jones Foundation
    EIN:
    41-1909574
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    GREAT PLAINS LODGING VI LLC   33,609 33,611

    TY 2021 LegalFeesSchedule
    Name:
    David B Jones Foundation
    EIN:
    41-1909574
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    General Consultations 14,937 14,804   133


    TY 2021 OtherExpensesSchedule
    Name:
    David B Jones Foundation
    EIN:
    41-1909574
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 76,724     76,724
    Bank Charges 60 60    
    Indemnification Insurance 881     881
    Insurance Premiums 13,138 18,001    
    Property insurance 2,028 2,028    
    State or Local Filing Fees 76     76
    FDN CREDIT CARD ANNUAL FEE 55     55
    PROPERTY MAINTENANCE 56,655 56,655    


    TY 2021 OtherIncomeSchedule2
    Name:
    David B Jones Foundation
    EIN:
    41-1909574
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1 Inc/Loss GREAT PLAINS LODGING VI LLC -4,134 -9,458  
    Federal Tax Refund 16,037    


    TY 2021 OtherLiabilitiesSchedule
    Name:
    David B Jones Foundation
    EIN:
    41-1909574
    Description Beginning of Year - Book Value End of Year - Book Value
    SECURITY DEPOSITS 42,610 30,110


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    David B Jones Foundation
    EIN:
    41-1909574
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 184,908 184,908    
    PROPERTY MANAGEMENT 99,828 99,828    


    TY 2021 TaxesSchedule
    Name:
    David B Jones Foundation
    EIN:
    41-1909574
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2021 1,900      
    990-PF Extension for 2020 3,530      
    Property Taxes 224,884 224,884