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
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