Jacobs Institute Inc

Organization Overview

Jacobs Institute Inc is located in Buffalo, NY. The organization was established in 2010. According to its NTEE Classification (H50) the organization is classified as: Nerve, Muscle & Bone Diseases Research, under the broad grouping of Medical Research and related organizations. As of 12/2021, Jacobs Institute Inc employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jacobs Institute 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 Institute Inc generated $10.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.9% each year . All expenses for the organization totaled $10.2m during the year ending 12/2021. While expenses have increased by 20.0% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

REFER TO SCHEDULE O.THE JACOBS INSTITUTE, INC., LOCATED IN BUFFALO, NEW YORK, WAS FORMED IN 2008 TO ACCOMPLISH THE VISION OF MAKING WESTERN NEW YORK A CENTER FOR WORLD-CLASS EXCELLENCE IN RESEARCH, TEACHING, PUBLIC AWARENESS AND ADVANCES IN CLINICAL AND MINIMALLY-INVASIVE SURGICAL TREATMENT OF GLOBAL VASCULAR DISEASE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INVESTIGATION AND DUE DILIGENCE RELATED TO IMPLEMENTATION OF ALL ACTIVITIES ON SCHEDULE O.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Hotel Terra
Lodging, F&b, And Rentals
$115,594
Lippes Mathias Wexler Friedman Llp
Legal Services
$105,017
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $852,338
All other contributions, gifts, grants, and similar amounts not included above$1,359,022
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,211,360
Total Program Service Revenue$8,160,749
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $10,387,796

Grants Recieved

Over the last fiscal year, we have identified 11 grants that Jacobs Institute Inc has recieved totaling $930,047.

Awarding OrganizationAmount
Scott Bieler Foundation Inc

Orchard Park, NY

PURPOSE: DONATION

$250,000
Kaleida Health

Buffalo, NY

PURPOSE: CONTRIBUTION

$200,000
James H Cummings Foundation Inc

Buffalo, NY

PURPOSE: I2R CENTER & THE FUTURE OF VASCULAR MEDICINE

$185,000
Foundation 214 Inc

Amherst, NY

PURPOSE: CHARITABLE

$90,000
Foundation 214 Inc

Amherst, NY

PURPOSE: CHARITABLE

$90,000
Community Foundation For Greater Buffalo Inc

Buffalo, NY

PURPOSE: PROPOSAL FUNDING; IN HONOR OF

$55,000
View Grant Recipient Profile

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