Edward Jones Disaster Relief Fund
Edward Jones Disaster Relief Fund
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About this organization
Revenue
$367,433
Expenses
$415,922
Mission
The Edward Jones Disaster Relief Fund (the 'fund') provides financial grants to employees and partners ('associates') of the Jones Financial Companies, L.L.L.P. and its direct and indirect affiliates ('Edward Jones') who have suffered a substantial economic loss as a result of a 'qualified disaster,' as defined in section 139 of the code.
About
When a 'qualified disaster' occurred, Edward Jones associates received communication via email from Edward Jones and on the Edward Jones intranet. The document entitled 'Edward Jones Disaster Relief Fund' was sent via email to Edward Jones associates and regional leaders located in areas affected by hurricanes Florence and Michael and the 2018 California wildfires, to remind them of the existence of the fund and the opportunity to apply for a grant. In order to qualify for assistance from the fund, associates must complete an application that requires them to substantiate their economic need from a 'qualified disaster.' The application allows applicants to identify the specific qualified disaster for which they are requesting a grant. During 2018, the Edward Jones Disaster Relief Fund provided disaster relief to 91 individuals for a total amount of $393,498.
Interesting data from their 2019 990 filing
The non-profit's mission is outlined in the filing as being “The edward jones disaster relief fund (the "fund") provides financial grants to employees and partners ("associates") of the jones financial companies, l.l.l.p. and its direct and indirect affiliates ("edward jones") who have suffered a substantial economic loss as a result of a "qualified disaster," as defined in section 139 of the code.”.
When outlining its responsibilities, they were referred to as: “The edward jones disaster relief fund (the "fund") provides financial grants to employees and partners ("associates") of the jones financial companies, l.l.l.p. and its direct and indirect affiliates ("edward jones") who have suffered a substantial economic loss as a result of a "qualified disaster," as defined in section 139 of the code.”.
- The state in which the non-profit operates has been officially reported as MO.
- The filing reveals the non-profit's address in 2019 to be 12555 MANCHESTER ROAD, SAINT LOUIS, MO, 631313710.
- As per the non-profit's form for 2019, they have 0 employees on their payroll.
- Is not a private foundation.
- Expenses are between $500,000 and $1,000,000+.
- Revenue is between $250,000 and $500,000.
- Revenue less expenses is -$48,489.
- The organization has 0 independent voting members.
- The organization was formed in 2017.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.