Jacob Best Foundation

Organization Overview

Jacob Best Foundation is located in Tampa, FL. The organization was established in 1959. 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. Jacob Best Foundation 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 02/2022, Jacob Best Foundation generated $311.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.7% each year . All expenses for the organization totaled $240.6k during the year ending 02/2022. While expenses have increased by 3.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, Jacob Best Foundation has awarded 198 individual grants totaling $1,048,593. 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.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $16
Interest on Savings $0
Dividends & Interest $105,170
Net Rental Income$0
Net Gain on Sale of Assets $202,821
Capital Gain Net Income $202,821
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $3,696
Total Revenue $311,703

Grants Awarded

Over the last fiscal year, Jacob Best Foundation has awarded $200,000 in support to 36 organizations.

Grant RecipientAmount

METROPOLITAN MINISTERIES

Org PageRecipient Profile

Tampa, FL

PURPOSE: GENERAL SUPPORT

$20,000

DANIEL F AND ADA L RICE CHILD AND FAMILY CENTER

PURPOSE: GENERAL SUPPORT

$12,000

BOY'S HOPEGIRL'S HOPE OF CHICAGO

PURPOSE: GENERAL SUPPORT

$12,000

FEEDING TAMPA BAY

PURPOSE: GENERAL SUPPORT

$10,000

FIGURE 1 FOUNDATION

PURPOSE: GENERAL SUPPORT

$10,000

BEAUMONT HEALTH FOUNDATION

PURPOSE: GENERAL SUPPORT

$9,000
View Grant Profile

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