Aaron B Jacob And Eunice I Jacobs Memorial Fund
- Assets
- $750.6k
- Revenue
- $10.8k
- Investments
- $270.9k
- Employees
- 0
- Location
- Newport Beach, CA
- Founding
- 10/1981
- Data as of
- 05/2024
- EIN
- 95-3646338
Organization Overview
Aaron B Jacob And Eunice I Jacobs Memorial Fund is located in Newport Beach, CA. The organization was established in 1981. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aaron B Jacob And Eunice I Jacobs Memorial Fund 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 05/2024, Aaron B Jacob And Eunice I Jacobs Memorial Fund generated $10.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (27.6%) each year. All expenses for the organization totaled $15.8k during the year ending 05/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Aaron B Jacob And Eunice I Jacobs Memorial Fund has awarded 121 individual grants totaling $518,583. 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 |
|---|---|---|---|
Frank J Condrey President | 1 | $0 | |
Robert L Ward CFO | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10,823 |
| Dividends & Interest | $0 |
| 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 | $10,823 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $425 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $70 |
| Total operating and administrative expenses | $15,818 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $15,818 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $479,713 |
| Savings and temporary cash investments | $0 |
| 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 | $270,861 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $750,574 |
| 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, Aaron B Jacob And Eunice I Jacobs Memorial Fund has awarded $76,250 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
EMILY BERGMAN PURPOSE: TO FUND SCHOLARSHIP FOR THE 2021-2022 ACADEMIC YEAR. | $2,500 |
KYLIE CONRAD PURPOSE: TO FUND SCHOLARSHIP FOR THE 2021-2022 ACADEMIC YEAR. | $2,500 |
JESSE MIKULEC PURPOSE: TO FUND SCHOLARSHIP FOR THE 2021-2022 ACADEMIC YEAR. | $2,500 |
ZACHARY A FALKOWSKI PURPOSE: TO FUND SCHOLARSHIP FOR THE 2021-2022 ACADEMIC YEAR. | $10,000 |
QUYEN HUYNH PURPOSE: TO FUND SCHOLARSHIP FOR THE 2021-2022 ACADEMIC YEAR. | $2,500 |
JONAH BRAND PURPOSE: TO FUND SCHOLARSHIP FOR THE 2021-2022 ACADEMIC YEAR. | $7,500 |