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The Fletcher Jones Foundation

Profile

Last Updated: 2016-06-07

At A Glance

The Fletcher Jones Foundation

(formerly The Jones Foundation)

117 E. Colorado Blvd., Ste. 403

Pasadena, CA United States 91105-3725

Telephone: (626) 535-9506

URL: www.fletcherjonesfdn.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business

Financial Data

(yr. ended 2014-12-31)

Assets: $147,128,720

Total giving: $7,000,000

EIN

237030155

BRIDGE Number

1543646817

Background

Established in 1969 in CA - Founded by the late Fletcher Roseberry Jones, who was a mathematician, visionary businessman, and pioneer of computer science in the 1950’s. With his partner, Roy Nutt, they launched their own company, Computer Sciences Corporation, in 1959. By 1963, CSC was the nation’s largest software company in a crowded field and the first to be listed on a national exchange. The company became the master of blending computers and communications, as well as the pioneer of multi-programming and real time. By 1967 CSC was well on the way to being the world leader in computer science, having gained lucrative contracts with NASA, The Atomic Energy Commission, and the Army. Today, Computer Sciences Corporation is the largest technology firm headquartered in Los Angeles County with over 90,000 employees worldwide. The foundation was incorporated in 1969 in the State of California as a part of Fletcher Jones’s estate plan. After the death of Fletcher Jones in 1972, the original trustees of the foundation decided that support of the private colleges and universities in California should be their primary emphasis. That policy has been reaffirmed by subsequent trustees and continues to this day.

Purpose and Activities

Support primarily for private colleges and universities, particularly those in CA (over 96 percent of available funds).

Fields of Interest

Subjects
  • Higher education
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Students

Financial Data

Year ended 2014-12-31

Assets: $147,128,720 (market value)

Expenditures: $10,276,894

Total giving: $7,000,000

Qualifying distributions: $7,331,676