Houston Endowment Inc.
In 1937, Jones and his wife, Mary Gibbs Jones, established Houston Endowment Inc., which eventually became the largest private foundation in Texas. It was the principal beneficiary of the Jones' estates, ultimately owning a large number of businesses and buildings, mostly in Houston. Jones was named president of the foundation, and remained so until his death. He was succeeded as president by his nephew, John T. Jones.
Read more about this topic: Jesse H. Jones
Famous quotes containing the words houston and/or endowment:
“When your dreams tire, they go underground
and out of kindness that’s where they stay.”
—Libby Houston (b. 1941)
“... it matters not what natural endowment a race may have if it prostitutes itself to the service of death.”
—Rebecca West (1892–1983)