The Jacobus Family Foundation

Organization Overview

The Jacobus Family Foundation is located in Greenwood, MN. The organization was established in 2007. 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. Jacobus Family Foundation 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 12/2022, Jacobus Family Foundation generated $36.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (29.3%) each year. All expenses for the organization totaled $20.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Jacobus Family Foundation has awarded 16 individual grants totaling $128,100. 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 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $13,213
Dividends & Interest $28,298
Net Rental Income$0
Net Gain on Sale of Assets -$5,348
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $36,163

Grants Awarded

Over the last fiscal year, The Jacobus Family Foundation has awarded $15,600 in support to 4 organizations.

Grant RecipientAmount

LIBERTY CLASSICAL ACADEMY

Org PageRecipient Profile

White Bear Lake, MN

PURPOSE: CHILDREN EDUCATION

$5,000

THE IRON MAN FOUNDATION

Org PageRecipient Profile

Tampa, FL

PURPOSE: RACE COMMUNITIES

$5,000

MCDOWELL SONORAN CONSERVANCY

Org PageRecipient Profile

Scottsdale, AZ

PURPOSE: PARK CONSERVATION

$5,000

AMERICAN HEART ASSOCIATION

Org PageRecipient Profile

Dallas, TX

PURPOSE: HEALTH

$600
View Grant Profile

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