The Jacobson Family Foundation
- Assets
- $3.1m
- Revenue
- $116.1k
- Investments
- $2.7m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 07/1988
- Data as of
- 12/2022
- EIN
- 76-0239810
Organization Overview
The Jacobson Family Foundation is located in Houston, TX. The organization was established in 1988. 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. Jacobson 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, Jacobson Family Foundation generated $116.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (36.3%) each year. All expenses for the organization totaled $370.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Jacobson Family Foundation has awarded 46 individual grants totaling $782,081. 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 |
|---|---|---|---|
Rochelle Jacobson Co-Trustee | 1 | $0 | |
Alan Jacobson Co-Trustee | 0 | $0 | |
Julie Jacobson Co-Trustee | 0 | $0 | |
Scott Jacobson Co-Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8,706 |
| Dividends & Interest | $61,057 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $46,086 |
| Capital Gain Net Income | $90,145 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $228 |
| Total Revenue | $116,077 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,859 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,150 |
| Total operating and administrative expenses | $20,009 |
| Contributions, gifts, grants paid | $350,581 |
| Total expenses and disbursements | $370,590 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $79,530 |
| 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 | $270,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,036 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,839,509 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,096,527 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $270,000 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $270,000 |
Grants Awarded
Over the last fiscal year, The Jacobson Family Foundation has awarded $350,581 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
ALIGHT RESPONSE FOR UKRAINE PURPOSE: REFUGEE ASSISTANCE | $5,000 |
AMERICAN JEWISH JOINT COMMITTEE (JDC) PURPOSE: UKRAINE REFUGEE SERVICES | $5,000 |
AMERICAN RED CROSS OF GREATER HOUSTON PURPOSE: FUND DISASTER OPERATIONS | $5,000 |
ANTI- DEFAMATION LEAGUE PURPOSE: ANTI BIAS TRAINING, EDUCATION AND SECURITY | $40,000 |
AVENUE CDC PURPOSE: AFFORDABLE HOUSING AND COMMUNITY DEVELOPMENT | $15,000 |
EMERGENCY RELIEF FUND FAMILES TRANS YOUTH PURPOSE: HEALTH AND EDUCATIONAL PROGRAM | $2,581 |