Walter F & Avis Jacobs Foundation Inc

Organization Overview

Walter F & Avis Jacobs Foundation Inc is located in Louisville, KY. The organization was established in 1980. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Walter F & Avis Jacobs Foundation Inc 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 05/2022, Walter F & Avis Jacobs Foundation Inc generated $63.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $100.7k during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2017, Walter F & Avis Jacobs Foundation Inc has awarded 29 individual grants totaling $512,000. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION'S EXEMPT PURPOSE IS TO SUPPORT THE FIVE ORGANIZATIONS LISTED IN PART III.

Describe the Organization's Program Activity:

Part 3 - Line 4a

USPIRITUS - SUPPORT


KENTUCKY SCHOOL FOR THE BLIND - SUPPORT


FATHER MALONEY'S BOYS HAVEN - SUPPORT


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Board, Officers & Key Employees

Name (title)Compensation
Bruce J Roth
President
$7,000
David M Roth
Secretary
$7,000

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $54,164
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $8,824
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $62,988

Grants Awarded

Over the last fiscal year, Walter F & Avis Jacobs Foundation Inc has awarded $72,000 in support to 4 organizations.

Grant RecipientAmount

Louisville, KY

PURPOSE: GENERAL SUPPORT

$18,000

KENESETH ISRAEL CONGREGATION ENDOWMENT FUND

Org PageRecipient Profile

Louisville, KY

PURPOSE: GENERAL SUPPORT

$18,000

THE UNIVERSITY OF LOUISVILLE

Org PageRecipient Profile

Louisville, KY

PURPOSE: GENERAL SUPPORT

$18,000

FATHER MALONEY'S BOYS HAVEN

Org PageRecipient Profile

Louisville, KY

PURPOSE: GENERAL SUPPORT

$18,000
View Grant Profile

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