The Jeffrey and Margaret Jones Family Foundation concentrates its funding into a very small number of large gifts, with a strong, specific interest in competitive cycling (notably supporting Cynisca Cycling) and significant support for higher education through a major gift to Indiana University. Grants appear targeted to institutional partners rather than grassroots or many small projects, suggesting a preference for established organizations and program-scale impact.
Highly concentrated: only two large grants totaling $1.325M, with repeat-style heavy investment in a single sports nonprofit and a one-off major gift to a university; favors large, general-purpose institutional gifts over many small awards.
Notable grantees: Cynisca Cycling Inc, Indiana University Foundation
The Jeffrey and Margaret Jones Family Foundation C/o Napier Harrison LLP directed its largest 2025 grant, $1,025,000, to Cynisca Cycling Inc for general purposes, underscoring a clear commitment to women’s competitive cycling and cycling development. That same year, the foundation also made a $300,000 general-purpose grant to Indiana University Foundation and a $125,000 grant to Hoosiers for Good, both in Bloomington, Indiana. The pattern suggests a small number of sizable awards, with funding concentrated in established organizations rather than many small, dispersed gifts. The foundation’s recent giving also extends beyond cycling into higher education and other institutional partners. Its grants include support for USA Cycling Foundation, The Navigators, Carpenter Scholarship - Women in Thoracic Surgery (wts), and Albany Law School Fund, each funded for general purposes. Across these awards, the foundation appears to favor broad, flexible support rather than tightly restricted project grants. The 2025 record shows a portfolio built around a few substantial commitments, with a notable emphasis on organizations that can channel funding into program-scale activity.
Women’s competitive cycling is the clearest theme in the grant record. The foundation gave $1,025,000 to Cynisca Cycling Inc for general purposes, and another $50,000 to USA Cycling Foundation for general purposes, linking its support to cycling organizations at different points in the sport’s ecosystem. Higher education is another visible area. A $300,000 general-purpose grant to Indiana University Foundation places that institution among the foundation’s largest beneficiaries. The remaining grants show support for other institutional or professional development settings. The foundation awarded $25,000 to The Navigators, $7,000 to Carpenter Scholarship - Women in Thoracic Surgery (wts), and $5,000 to Albany Law School Fund, all listed as general-purpose gifts.
Grant sizes are highly uneven. The reported distribution shows a p25 of $16,000, a median of $50,000, and a p75 of $212,500, while the 2025 awards range from $5,000 to $1,025,000. That spread indicates a small number of large grants alongside several much smaller ones. The foundation gives broad-purpose support rather than narrow project-only funding, with each listed recent grant marked general purposes. The 2025 record shows multiple grants to Bloomington, Indiana recipients, but only one year is on file here, so a recurring multi-year pattern cannot be confirmed from the provided data. It does not fund individuals and does not make program-related investments.
$820K
$1.5M
$207K
$836K
Most grants fall between $16K and $213K, with a median of $50K.
25th Percentile
$16K
Median
$50K
75th Percentile
$213K
About 0% of grants go to recipients in IN.
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All listed recent grants went to U.S. recipients. Bloomington, Indiana appears repeatedly, with awards to Cynisca Cycling Inc, Indiana University Foundation, and Hoosiers for Good. Colorado Springs, Colorado also appears twice, through grants to USA Cycling Foundation and The Navigators. Additional recipients include San Ramon, California and Albany, New York. The foundation’s giving is regional, and while its headquarters are in Chicago, Illinois, none of the listed grants went to Illinois recipients.
Women’s competitive cycling is the strongest identifiable theme, led by a $1,025,000 general-purpose grant to Cynisca Cycling Inc and a $50,000 grant to USA Cycling Foundation. Higher education is another visible area through a $300,000 grant to Indiana University Foundation.
The foundation’s reported grant-size distribution is p25 $16,000, median $50,000, and p75 $212,500. The 2025 grants listed here range from $5,000 to $1,025,000, showing a mix of mid-sized awards and a very large flagship gift.
No. The provided foundation data states that it does not fund individuals, and the recent grants list only institutional recipients such as nonprofits, universities, and scholarship funds.
By recipient location, California is the top state by grant count in the provided data, although the listed recent grants themselves include recipients in Indiana, Colorado, California, and New York. All seven recent grants went to U.S. organizations.
The recent grants are all labeled general purposes, including awards to Cynisca Cycling Inc, Indiana University Foundation, and several other institutions. That pattern points to broad, flexible support rather than tightly restricted project grants.
2026
Source: IRS Form 990-PF, fiscal year 2026.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| INDIANA UNIVERSITY FOUNDATION - JERRY F TARDY CENTER | BLOOMINGTON, IN | $300,000 | 2026 | GENERAL PURPOSES |
| TRANS WORLD RADIO (TWR) | CARY, NC | $210,000 | 2026 | GENERAL PURPOSES |
| CYNISCA CYCLING INC | BLOOMINGTON, IN | $100,000 | 2026 | GENERAL PURPOSES |
| WHEELER MISSION - BLOOMINGTON | INDIANAPOLIS, IN | $50,000 | 2026 | GENERAL PURPOSES |
| USA CYCLING FOUNDATION | COLORADO SPRINGS, CO | $50,000 | 2026 | GENERAL PURPOSES |
| THE CARTER CENTER | ATLANTA, GA | $50,000 | 2026 | GENERAL PURPOSES |
| CHILL FOUNDATION | BURLINGTON, VA | $30,000 | 2026 | GENERAL PURPOSES |
| THE NEW YORK CITY LEADERSHIP CENTER INC - MOVEMENTORG | WINCHESTER, VA | $10,000 | 2026 | GENERAL PURPOSES |
| AMERICAN RED CROSS - CALIFORNIA WILDFIRES | WASHINGTON, DC | $10,000 | 2026 | GENERAL PURPOSES |
| SERGE - WILL REED FUND | JENKINTOWN, PA | $10,000 | 2026 | GENERAL PURPOSES |
| CYNISCA CYCLING INC | BLOOMINGTON, IN | $1,025,000 | 2025 | GENERAL PURPOSES |
| INDIANA UNIVERSITY FOUNDATION | BLOOMINGTON, IN | $300,000 | 2025 | GENERAL PURPOSES |
| HOOSIERS FOR GOOD | BLOOMINGTON, IN | $125,000 | 2025 | GENERAL PURPOSES |
| USA CYCLING FOUNDATION | COLORADO SPRINGS, CO | $50,000 | 2025 | GENERAL PURPOSES |
| THE NAVIGATORS | COLORADO SPRINGS, CO | $25,000 | 2025 | GENERAL PURPOSES |
| CARPENTER SCHOLARSHIP - WOMEN IN THORACIC SURGERY (WTS) | SAN RAMON, CA | $7,000 | 2025 | GENERAL PURPOSES |
| ALBANY LAW SCHOOL FUND | ALBANY, NY | $5,000 | 2025 | GENERAL PURPOSES |
INDIANA UNIVERSITY FOUNDATION - JERRY F TARDY CENTER
$300,000GENERAL PURPOSES
TRANS WORLD RADIO (TWR)
$210,000GENERAL PURPOSES
CYNISCA CYCLING INC
$100,000GENERAL PURPOSES
WHEELER MISSION - BLOOMINGTON
$50,000GENERAL PURPOSES
USA CYCLING FOUNDATION
$50,000GENERAL PURPOSES
CHILL FOUNDATION
$30,000GENERAL PURPOSES
SERGE - WILL REED FUND
$10,000GENERAL PURPOSES
CYNISCA CYCLING INC
$1,025,000GENERAL PURPOSES
USA CYCLING FOUNDATION
$50,000GENERAL PURPOSES
THE NAVIGATORS
$25,000GENERAL PURPOSES
CARPENTER SCHOLARSHIP - WOMEN IN THORACIC SURGERY (WTS)
$7,000GENERAL PURPOSES
ALBANY LAW SCHOOL FUND
$5,000GENERAL PURPOSES