Rees-jones Foundation
Only null% goes to programs Strong reserves Declining revenue
Rees-jones Foundation is a 501(c)(3) organization based in Dallas, Texas, registered in 2006, with $28,868,468 in FY2024 revenue. CharityIndex grades it D.
8111 Westchester Drive, Dallas, TX, 75225 EIN 20-5132900 Since 2006
Revenue (FY2024)
$28.9M
▲ 101.6% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$161.9M
Net assets
$598.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Rees-jones Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating44 mo reserves · -461% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Rees-jones Foundation: 44 mo reserves · -461% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Rees-jones Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Rees-jones Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 8111 Westchester Drive, Dallas, TX, 75225
- City
- Dallas
- State
- Texas
- Subcategory
- Private Foundations
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $116.6M (FY2020) to $28.9M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $67.4MNet assets $598.7M
Operating margin
-460.9%
Spent more than it raised in the latest fiscal year.
Total assets
$666.1M
Total liabilities
$67.4M
Net assets
$598.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $28,868,468▲102% | $161,923,163▲197% | $598,659,779▼7.8% | $666,092,840▲0.5% | 990PF |
| 2023 | $14,317,434▼86.6% | $54,447,684▼10.8% | $649,026,377▲6.9% | $662,485,185▲6.6% | 990PF |
| 2022 | $106,902,751▼10.2% | $61,010,731▲51.1% | $607,016,865▼7.6% | $621,323,518▼6.9% | 990PF |
| 2021 | $119,015,495▲2.1% | $40,390,671▼14.6% | $656,645,895▲21.4% | $667,309,841▲21.5% | 990PF |
| 2020 | $116,553,438 | $47,301,792 | $541,048,688 | $549,353,686 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Terese Stevenson — $320,919 (0.20% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Terese Stevenson | Vp Grants | 40 | $320,919 |
| Thornton Hardie III | President/director | 25 | $293,583 |
| Cissy Moses | Treasurer/secretary | 32 | $284,688 |
| David Rees-jones | Director | 5 | — |
| Jan Rees-jones | Vice Chairman | 5 | — |
| Trevor D Rees-jones | Chairman | 5 | — |
| Trevor R Rees-jones | Director | 5 | — |
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Frequently asked questions
- Is Rees-jones Foundation a legitimate nonprofit?
- Yes. Rees-jones Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-5132900, based in Dallas, Texas. Donations are tax-deductible.
- What is Rees-jones Foundation's EIN?
- Rees-jones Foundation's Employer Identification Number (EIN) is 20-5132900.
- How much revenue does Rees-jones Foundation report?
- Rees-jones Foundation reported $28,868,468 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Rees-jones Foundation have?
- CharityIndex grades Rees-jones Foundation D, based on financial health (reserves and operating margin).
- How much does Rees-jones Foundation's highest-paid employee make?
- The highest reported compensation on Rees-jones Foundation's latest Form 990 is $320,919, paid to Terese Stevenson (Vp Grants).
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Data for Rees-jones Foundation (EIN 20-5132900) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.