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The Rees-Jones Foundation
Trevor Rees-Jones built Chief Oil & Gas before exiting via sale to Chesapeake Energy in 2022. He and Jan Rees-Jones created the foundation in 2006 to formalize...
The Rees-Jones Foundation
Trevor Rees-Jones built Chief Oil & Gas before exiting via sale to Chesapeake Energy in 2022. He and Jan Rees-Jones created the foundation in 2006 to formalize their giving. The entity remains a private family vehicle with no external capital or limited partners. Grantmaking concentrates on education, health, and family services. Confirmed distributions include $100 million each to UT Southwestern Medical Center, Southern Methodist University, and Children's Health Dallas. The foundation also holds direct positions in Highland Park Estate, Cook Canyon Ranch, and the Clearfork mixed-use development in Fort Worth through Chief Partners L.P. Additional exposure runs through Cubit Capital into Sage Geosystems and Venus Aerospace. Geographic reach centers on Texas with limited international grants. Eleven professionals operate from the Dallas headquarters. Trevor R. Rees-Jones, son of the founders, serves as VP of Rees-Jones Holdings and partner at Cubit Capital. David G. Rees-Jones handles business development at Rees-Jones Oil & Minerals. The foundation maintains memberships in the Dallas Petroleum Club and Horatio Alger Association. In March 2023 Trevor Rees-Jones spoke at the Horatio Alger Award ceremonies in Washington, D.C. Ownership flows through Rees-Jones Holdings LLC, which holds Chief Partners L.P. and Cubit Capital. This structure separates philanthropic distributions from operating businesses and real-asset investments while keeping all decision rights within the founding family.
General information
Firm type
Endowment / Foundation
Year founded
2006
Location
Region
North America
Country
United States
City
Dallas
Corporate office
8111 Westchester Drive Suite 950, Dallas, Texas, United States
Principals
Trevor Rees-Jones
Co-founder
Jan Rees-Jones
Co-founder
Sector focus
Frequently asked questions
Who runs investment decisions at The Rees-Jones Foundation?
Trevor Rees-Jones and Jan Rees-Jones set overall direction. Day-to-day oversight of holdings occurs through Rees-Jones Holdings LLC and Cubit Capital, where son Trevor R. Rees-Jones serves as partner.
Does The Rees-Jones Foundation participate in fund commitments or only direct deals?
The foundation makes direct grants and holds direct real estate and private-company positions. It maintains limited-partner exposure via Cubit Capital in energy and aerospace startups.
Where does the underlying wealth come from?
Wealth originated from Chief Oil & Gas, founded by Trevor Rees-Jones and sold to Chesapeake Energy in 2022. The foundation was seeded from those proceeds in 2006.
What investment stages does The Rees-Jones Foundation typically target?
The foundation does not operate a traditional venture or buyout program. Its private holdings include early-stage energy technology through Cubit Capital and mature real-estate developments in Texas.
How is The Rees-Jones Foundation related to Chief Partners L.P.?
Chief Partners L.P. serves as the joint-venture vehicle for the foundation's Fort Worth real-estate assets, including The Shops at Clearfork and The Kelton at Clearfork.
Does The Rees-Jones Foundation maintain philanthropic structures, and how are they separated?
The foundation itself is the primary grantmaking vehicle. Operating businesses and real-estate holdings sit in separate entities under Rees-Jones Holdings LLC to isolate distributions from commercial activity.
Which sectors does The Rees-Jones Foundation explicitly avoid?
No formal exclusion list is published. Activity remains concentrated in education, health services, and Texas real estate with no disclosed allocations to hedge funds or public equities outside the legacy Chesapeake position.
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