Robert And Mary Ann Jacobfoundation
- Assets
- $373.3k
- Revenue
- $45.3k
- Investments
- $371.3k
- Employees
- 0
- Location
- Stoystown, PA
- Founding
- 03/2006
- Data as of
- 12/2023
- EIN
- 20-3987932
Organization Overview
Robert And Mary Ann Jacobfoundation is located in Stoystown, PA. The organization was established in 2006. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Robert And Mary Ann Jacobfoundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Robert And Mary Ann Jacobfoundation generated $45.3k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $66.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Robert And Mary Ann Jacobfoundation has awarded 27 individual grants totaling $672,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert E Jacob Director | 0 | $0 | |
Laura Ann Jacob-Wozniak President,treasurer & Director | 1 | $9,222 | |
Leslie C Jacob Vp,secretary & Director | 1 | $9,222 | |
John W Jacob Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,750 |
| Dividends & Interest | $15,279 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $23,293 |
| Capital Gain Net Income | $23,293 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $45,322 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $18,444 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,067 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $21,511 |
| Contributions, gifts, grants paid | $45,000 |
| Total expenses and disbursements | $66,511 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,993 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $373,304 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Robert And Mary Ann Jacobfoundation has awarded $45,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
TIMOTHY E NETTLES MEMORIAL FUND PURPOSE: ALL CONTRIBUTIONS ARE FOR CHARITABLE PURPOSES | $20,000 |
MILAGRO HOUSE PURPOSE: ALL CONTRIBUTIONS ARE FOR CHARITABLE PURPOSES | $15,000 |
OUTDOOR ODYSSEY PURPOSE: ALL CONTRIBUTIONS ARE FOR CHARITABLE PURPOSES | $10,000 |