Hans & Cay Jacobsen Charitable Foun Dation Inc
- Assets
- $3.3m
- Revenue
- $159.8k
- Investments
- $3.2m
- Employees
- 0
- Location
- Winter Park, FL
- Founding
- 07/1991
- Data as of
- 05/2023
- EIN
- 59-3010451
Organization Overview
Hans & Cay Jacobsen Charitable Foun Dation Inc is located in Winter Park, FL. The organization was established in 1991. 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. Hans & Cay Jacobsen Charitable Foun Dation 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 05/2023, Hans & Cay Jacobsen Charitable Foun Dation Inc generated $159.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $371.9k during the year ending 05/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Hans & Cay Jacobsen Charitable Foun Dation Inc has awarded 166 individual grants totaling $3,312,983. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Teresa W Borcheck President | 12 | $27,000 | |
W Thomas Brooks Vice President | 9 | $15,000 | |
Brian Brooks Treasurer | 9 | $15,000 | |
Shannon Mclin Carlyle Secreatary | 9 | $15,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $117,429 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $42,400 |
| Capital Gain Net Income | $42,400 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $159,829 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $72,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,601 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $457 |
| Printing and publications | $0 |
| Other expenses | $827 |
| Total operating and administrative expenses | $130,939 |
| Contributions, gifts, grants paid | $241,000 |
| Total expenses and disbursements | $371,939 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $105,659 |
| 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 | $521,043 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,325,040 |
| 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, Hans & Cay Jacobsen Charitable Foun Dation Inc has awarded $241,000 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
CHRISTIAN CARE CENTER PURPOSE: COMMUNITY | $30,000 |
CHRISTIAN HOME & BIBLE SCHOOL PURPOSE: EDUCATION | $10,000 |
EDUCATIONAL FOUNDATION OF LAKE COUNTY PURPOSE: EDUCATION | $15,000 |
LAKE CARES INC PURPOSE: FOOD PROGRAMS | $10,000 |
LAKE COMMUNITY ACTION AGENCY INC PURPOSE: LAKE COUNTY CHILDREN'S PROGRAM | $10,000 |
LAKE SUMTER STATE COLLEGE FOUNDATION INC PURPOSE: SCHOLARSHIPS | $20,000 |