Justin Jacobs Jr Charitable Trust
- Assets
- $0.0
- Revenue
- $1.9m
- Investments
- $8.5m
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 04/2018
- Data as of
- 09/2020
- EIN
- 82-6661748
Organization Overview
Justin Jacobs Jr Charitable Trust is located in San Francisco, CA. The organization was established in 2018. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Justin Jacobs Jr Charitable Trust 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 09/2020, Justin Jacobs Jr Charitable Trust generated $1.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (22.7%) each year. All expenses for the organization totaled $1.1m during the year ending 09/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Justin Jacobs Jr Charitable Trust has awarded 14 individual grants totaling $1,925,000. 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
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TRUST WAS CREATED AND WILL BE OPERATED FOR SCIENTIFIC AND EDUCATIONAL PURPOSES. THE TERM "SCIENTIFIC AND EDUCATIONAL PURPOSES" IS LIMITED TO AND WILL INCLUDE SUPPORTING AND ENGAGING IN SCIENTIFIC RESEARCH IN THE FIELDS OF COSMOLOGY AND OF EINSTEIN'S RELATIVITY, INCLUDING PUBLISHING THE RESULTS OF THAT RESEARCH; RESEARCH AND EDUCATION IN THE FIELD OF RELIGION WITH REGARD TO MAINSTREAM RELIGIONS AND THEIR POSITIONS REGARDING THE EXISTENCE OF A SUPERNATURAL BEING; AND MAKING KNOWLEDGE IN VARIOUS FIELDS BROADLY ACCESSIBLE TO THE GENERAL POPULACE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen C Eagles Associate | 40 | $91,872 | |
Nancy W Collins Associate | 27 | $84,600 | |
Shirley A Sinkewitsch Associate | 35 | $83,760 | |
Scott Crocker Jacobs Trustee | 5.8 | $50,000 | |
Kathryn Elizabeth Jacobs Trustee | 2.3 | $25,000 | |
Garrett Winston Jacobs Trustee | 1.5 | $25,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Frank Rimerman Co Llp | 9/29/20 | $78,832 |
Frank Rimerman Co Llp | 9/29/20 | $78,832 |
Farella Braun Martel Llp | 9/29/20 | $82,555 |
Farella Braun Martel Llp | 9/29/20 | $82,555 |
Farella Braun Martel Llp | 9/29/20 | $82,555 |
Frank Rimerman Co Llp | 9/29/20 | $78,832 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,123,699 |
| Interest on Savings | $77,380 |
| Dividends & Interest | $31,187 |
| Profit on Inventory Sales | $0 |
| Other Income | $729,961 |
| Total Revenue | $1,938,617 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $65,520 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $951 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $608,585 |
| Contributions, gifts, grants paid | $500,000 |
| Total expenses and disbursements | $1,108,585 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $8,537,861 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Justin Jacobs Jr Charitable Trust has awarded $425,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
San Francisco, CA PURPOSE: GENERAL SUPPORT | $100,000 |
Washington, DC PURPOSE: GENERAL SUPPORT | $100,000 |
San Francisco, CA PURPOSE: GENERAL SUPPORT | $100,000 |
San Francisco, CA PURPOSE: GENERAL SUPPORT | $100,000 |
STANFORD UNIVERSITY PURPOSE: GENERAL SUPPORT | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Singleton Foundation For Financial Literacy And Entrepreneurship Burbank, CA | $5,023,733 | $12,067,602 |
Draper Richards Kaplan Foundation Menlo Park, CA | $54,158,347 | $29,356,238 |
Oprah Winfrey Leadership Academy Foundation Los Angeles, CA | $17,969,443 | $12,010,898 |
Wadhwani Operating Foundation Los Altos, CA | $0 | $65,339,394 |
Henry T Nicholas Education Foundation Inc Santa Ana, CA | $712,720 | $5,509,546 |
Chinese Character A Day Foundation Huntington Beach, CA | $0 | $31,765 |
Janie And Donald Friend Foundation San Francisco, CA | $0 | $1,186,592 |
Tomkat Ranch Educational Foundation Pescadero, CA | $1,784,473 | $4,660,042 |
Pacific Research Institute For Public Policy Pasadena, CA | $22,104,229 | $7,799,578 |
Ionetix Ppe Foundation San Francisco, CA | $0 | $4,350,988 |
Na Aina Kai Botanical Gardens Kilauea, HI | $76,195,065 | $4,390,722 |
Easton Sports Development Foundation Van Nuys, CA | $11,576,483 | $3,446,410 |