W. Alton Jones Foundation Explained

W. Alton Jones Foundation
Founded Date:1944
Founder:W. Alton Jones
Location:Charlottesville, Virginia
Endowment:$400,000,000
Dissolved:September 2001

The W. Alton Jones Foundation was a charitable foundation, and a sponsor of environmental causes.[1] It was originally involved in sponsoring the arts, particularly theatre.[2]

The foundation was started in 1944 by W. Alton "Pete" Jones, an oil executive and chairman of the board of Cities Service Company.[3] In 2001, the Charlottesville, Virginia-based 56-year-old W. Alton Jones Foundation suddenly dissolved.[4] The $400 million endowment was split into three separate Foundations: the Blue Moon Fund[5] run by Patricia Jones Edgerton (daughter of W. Alton Jones) and her daughter Diane Edgerton Miller, the Oak Hill Foundation run by son William Edgerton, and the Edgerton Foundation run by son Brad Edgerton.[6]

Notes and References

  1. Jehl . Douglas . Charity is now force in environmental fight . . 2001 . June 28 . 2013-10-16.
  2. Jones Foundation Aids New Stage Works . . May 16 . 1991-05-16 . 2013-10-16.
  3. Web site: W. Alton Jones . 2008-12-21.
  4. http://www.readthehook.com/stories/2002/03/28/newsLostFoundationWhatever.html Lost foundation: Whatever happened to W. Alton Jones?, The Hook, 28 March 2002.
  5. http://www.bluemoonfund.org Blue Moon Fund
  6. http://www.readthehook.com/stories/2002/10/17/newsshygreenOffshootsWAlto.html Green offshoots: W. Alton Jones Foundation sprouts Oak Hill Fund, The Hook 17 October 2002.