Jacobs Family Foundation Inc
- Assets
- $1.5m
- Revenue
- $140.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Delmont, PA
- Founding
- 05/2009
- Data as of
- 12/2021
- EIN
- 80-0304018
Organization Overview
Jacobs Family Foundation Inc is located in Delmont, PA. The organization was established in 2009. 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. Jacobs Family 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 12/2021, Jacobs Family Foundation Inc generated $140.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $85.5k during the year ending 12/2021. While expenses have increased by 2.0% per year over the past 7 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 2016, Jacobs Family Foundation Inc has awarded 486 individual grants totaling $505,697. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terrence S Jacobs President | 1 | $0 | |
Darryl M Jacobs Jr Director | 0.25 | $0 | |
Mathew S Jacobs Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $140,000 |
| Interest on Savings | $421 |
| Dividends & Interest | $95 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $140,516 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $70 |
| Total operating and administrative expenses | $2,541 |
| Contributions, gifts, grants paid | $82,975 |
| Total expenses and disbursements | $85,516 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $229,581 |
| Savings and temporary cash investments | $1,251,330 |
| 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 | $1,480,911 |
| 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, Jacobs Family Foundation Inc has awarded $82,975 in support to 56 organizations.
| Grant Recipient | Amount |
|---|---|
TROOPS FIRST FOUNDATION PURPOSE: OPERATING EXPENDITURE | $10,000 |
AMERICAN CENTER FOR LAW & JUSTICE PURPOSE: OPERATING EXPENDITURE | $8,500 |
THE SALVATION ARMY OF WESTERN PA PURPOSE: OPERATING EXPENDITURE | $5,000 |
Boone, NC PURPOSE: OPERATING EXPENDITURE | $5,000 |
JUDICIAL WATCH PURPOSE: OPERATING EXPENDITURE | $5,000 |
ST JUDE CHILDREN'S RESEARCH HOSP PURPOSE: OPERATING EXPENDITURE | $3,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nora Roberts Foundation Inc Glenn Dale, MD | $90,657,767 | $17,263,079 |
Healthcare Foundation Of New Jersey Inc Millburn, NJ | $201,281,752 | $11,925,991 |
Tr Ua 06162003 New York, NY | $24,153,189 | $17,543,623 |
Linlundh Foundation Huntingdon Valley, PA | $26,974,319 | $5,576,892 |
Hamilton Family Charitable Trust Wayne, PA | $141,914,105 | $43,786,350 |
Hillier Family Foundation Akron, OH | $0 | $3,603,112 |
Daniel B And Florence E Green Foundation Conshohocken, PA | $179,390,509 | $18,946,870 |
Price Family Foundation Inc New York, NY | $4,922,654 | $6,599,359 |
Seed The Dream Foundation Gladwyne, PA | $47,208,358 | $1,088,502 |
Hazel Ruby Mcquain Charitable Tr Morgantown, WV | $103,286,088 | $9,092,496 |
Vf Foundation Wilmington, DE | $28,556,217 | $960,441 |
Ruth Lilly Philanthropic Foundation Wilmington, DE | $89,481,864 | $12,222,478 |