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Nonprofit · EIN 23-7960049

B C JONES TRUST

Also known as OWLETT EDWARD H TTEE

Tax-exempt · WELLSBORO, PA 16901

Financials

$16K$62K2023$16K$62K2024$46K$61K2025
Revenue Expenses · by fiscal year end
Financials of B C JONES TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$45,501$61,253-$15,752$259,428$0$259,428
December 31, 2024990-PF$15,521$61,732-$46,211$275,178$0$275,178
December 31, 2023990-PF$15,594$61,867-$46,273$302,875$0$302,875
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$14,395
Net gain from sales of assets
$31,106

Expenses

Grants and similar amounts paid
$47,000
Disbursements for charitable purposes
$47,763
Excise tax on investment income
$445

Balance sheet and other

Total assets, start of year
$275,178
Total assets, end of year
$259,428
Total liabilities, end of year
$0
Net assets, end of year
$259,428
Fair market value of assets
$559,515
Qualifying distributions
$47,763
Net investment income
$45,501

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Thomas M Owlett
2293 Route 362, Wellsboro, PA 16901
Trustee1$0
Louise W Jones
70 Cedar Ave 4, Cocoa Beach, FL 32931
Trustee1$0
990-PF for the year ended December 31, 2024: 2 people
NameTitleHours / weekCompensation
Thomas M Owlett
2293 Route 362, Wellsboro, PA 16901
Trustee1$0
Louise W Jones
624 Dawson Rd, Melbourne, FL 32940
Trustee1$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
Thomas M Owlett
2293 Route 362, Wellsboro, PA 16901
Trustee1$0
Louise W Jones
624 Dawson Rd, Melbourne, FL 32940
Trustee1$0

Address and contacts

Address (IRS master file)
PO BOX 878, WELLSBORO, PA 16901-0878
Signed the 990-PF
Thomas M Owlett, Trustee
Phone
(570) 723-1470
Return prepared by
OWLETT & LEWIS PC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
23-7960049
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1998
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$259,428
Income (IRS master file)
$72,075

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$45,501$61,253$259,428IRS
990-PFDecember 2024$15,521$61,732$275,178IRS
990-PFDecember 2023$15,594$61,867$302,875IRS
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2019–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7960049).

Questions about B C JONES TRUST

What is the EIN of B C JONES TRUST?
The employer identification number (EIN) of B C JONES TRUST is 23-7960049.
Is B C JONES TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to B C JONES TRUST tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does B C JONES TRUST file?
Form 990-PF. Private foundations file every year.
When is the next return of B C JONES TRUST due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did B C JONES TRUST last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of B C JONES TRUST?
The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does B C JONES TRUST have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $45,501, expenses of $61,253 and total assets of $259,428 at year end.

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