Jacobs Family Foundation For Children Inc
- Assets
- $1.4m
- Revenue
- $411.6k
- Investments
- $656.4k
- Employees
- 0
- Location
- North Palm Beach, FL
- Founding
- 03/2017
- Data as of
- 12/2021
- EIN
- 81-0938879
Organization Overview
Jacobs Family Foundation For Children Inc is located in North Palm Beach, FL. The organization was established in 2017. 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. Jacobs Family Foundation For Children Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey P Jacobs Director | 0 | $0 | |
Thomas E Hamilton Secretary, Treasurer | 0 | $0 | |
Lynda L Jacobs Director | 0 | $0 | |
Claire L Jacobs Director | 0 | $0 | |
Hanna R Jacobs Director | 0 | $0 | |
Caroline M Jacobs Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $400,000 |
| Interest on Savings | $77 |
| Dividends & Interest | $5,715 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,792 |
| Capital Gain Net Income | $5,792 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $411,584 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $124 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $672 |
| Total operating and administrative expenses | $5,042 |
| Contributions, gifts, grants paid | $72,379 |
| Total expenses and disbursements | $77,421 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $695,410 |
| 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 | $656,400 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,351,810 |
| 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 For Children Inc has awarded $72,379 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
TLC INC PURPOSE: UNRESTRICTED GENERAL PURPOSE | $50,000 |
Reno, NV PURPOSE: UNRESTRICTED GENERAL PURPOSE | $22,379 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fraser-Parker Foundation Atlanta, GA | $226,420,772 | $14,099,479 |
Paces Foundation Inc Smyrna, GA | $85,397,872 | $9,603,919 |
Ds Foundation Miami, FL | $183,651,055 | $1,385,395 |
The Ma-Ran Foundation Atlanta, GA | $81,838,064 | $4,938,726 |
Altec-Styslinger Foundation Inc Birmingham, AL | $128,305,509 | $25,360,360 |
Elizabeth Morse Genius Foundation Winter Park, FL | $145,557,522 | $11,233,005 |
Daniel Foundation Of Alabama Birmingham, AL | $125,925,900 | $11,135,386 |
Daniel E Offutt Iii Charitable Tr Sarasota, FL | $1,076,359 | $6,500,161 |
BBVA Foundation Birmingham, AL | $0 | $7,925,433 |
E G Watkins Family Foundation West Palm Beach, FL | $3,784,813 | $11,500,184 |
The Anita James Rosen Foundation Inc St Petersburg, FL | $5,834,282 | $31,742 |
Peterffy Foundation West Palm Beach, FL | $132,920,946 | $11,657,366 |