Jacob Family Foundation Corp is a private corporation based in BLOOMFIELD, MI. The foundation received its IRS ruling in 1988. The principal officer is % Arnold Jacob. It holds total assets of $1.5M. Annual income is reported at $627K. According to available records, Jacob Family Foundation Corp has made 33 grants totaling $503K, with a median grant of $5K. The foundation has distributed between $94K and $200K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $200K distributed across 14 grants. Individual grants have ranged from $1K to $78K, with an average award of $15K. The foundation has supported 12 unique organizations. Grants have been distributed to organizations in Michigan and Illinois. Contributions to this foundation are tax-deductible.
Jacob Family Foundation Corp is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 33 grants. Its grantmaking reaches organizations primarily in MI, IL.
Jacob Family Foundation Corp has distributed a total of $503K across 33 grants. The median grant size is $5K, with an average of $15K. Individual grants have ranged from $1K to $78K.
Jacob Family Foundation Corp typically selects its grantees rather than accepting unsolicited proposals.
Jacob Family Foundation Corp is headquartered in BLOOMFIELD, MI. While based in MI, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Arnold M Jacob | PRES & TREAS | $0 | $0 | $0 |
| Linda T Jacob | VP & SECY | $0 | $0 | $0 |
Total Giving
$110K
Total Assets
$1.3M
Fair Market Value
$2.1M
Net Worth
$1.3M
Grants Paid
$106K
Contributions
$2
Net Investment Income
$107K
Distribution Amount
$96K
Total: $1.1M
Total Grants
33
Total Giving
$503K
Average Grant
$15K
Median Grant
$5K
Unique Recipients
12
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| KadimaGENERAL | Southfield, MI | $2K | 2021 |
| Jewish Federation Of Metropolitan DetroitGENERAL | Bloomfield Hills, MI | $78K | 2023 |
| Cranbrook SchoolsGENERAL | Bloomfield Hills, MI | $15K | 2023 |
| Gesher Human ServicesGENERAL | Southfield, MI | $5K | 2023 |
| Franklin-Bingham Farms Police Benevolent FundGENERAL | Franklin, MI | $5K |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2023 |
| Evans Scholars FoundationGENERAL | Glenview, IL | $3K | 2023 |
| Midnight GolfGENERAL | Bingham Farms, MI | $5K | 2022 |
| Franklin-Bingham Farms Benevolent FundGENERAL | Franklin, MI | $5K | 2022 |
| Horizons Upward BoundGENERA | Bloomfield Hills, MI | $5K | 2022 |
| Jvs Human ServicesGENERAL | Southfield, MI | $5K | 2022 |
| Starfish Family ServicesGENERAL | Inkster, MI | $1K | 2021 |
| Jewish Womens FoundationGENERAL | Chicago, IL | $5K | 2020 |
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