Bernard H & Blanche E Jacobson Foundation
- Assets
- $4.4m
- Revenue
- $430.2k
- Investments
- $4.1m
- Employees
- 0
- Location
- Charleston, WV
- Founding
- 06/1954
- Data as of
- 12/2023
- EIN
- 55-6014902
Organization Overview
Bernard H & Blanche E Jacobson Foundation is located in Charleston, WV. The organization was established in 1954. 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. Bernard H & Blanche E Jacobson 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 12/2023, Bernard H & Blanche E Jacobson Foundation generated $430.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $463.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Bernard H & Blanche E Jacobson Foundation has awarded 116 individual grants totaling $2,647,845. 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 |
|---|---|---|---|
Name Not Listed Corp. Trustee | 8 | $19,993 | |
Christopher J Winton Pers. Trustee | 2 | $0 | |
Mark W Kelley Pers. Trustee | 2 | $0 | |
Anne R Silbernagel Pers. Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $101,179 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $325,496 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $329,066 |
| Total Revenue | $430,245 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $19,993 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,719 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $27,897 |
| Contributions, gifts, grants paid | $435,200 |
| Total expenses and disbursements | $463,097 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $294,943 |
| 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 | $4,087,452 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,382,395 |
| 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, Bernard H & Blanche E Jacobson Foundation has awarded $585,200 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
REA OF HOPE INC PURPOSE: WELFARE | $15,000 |
BOY SCOUTS OF AMERICA BUCKSKIN COUNCIL PURPOSE: YOUTH DEVEL. | $20,000 |
UNIVERSITY OF CHARLESTON PURPOSE: EDUCATIONAL | $10,000 |
UNITED WAY OF CENTRAL WV PURPOSE: COMMUNITY DEV. | $10,000 |
APPALACHIAN CHILDREN'S CHORUS PURPOSE: CULTURAL | $5,000 |
CHARLESTON BALLET INC PURPOSE: CULTURAL | $5,000 |