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L C & Margaret Jacobson Memorial Foundation is a private corporation based in PARADISE VLY, AZ. The foundation received its IRS ruling in 2012. The principal officer is Lawerence Petersen. It holds total assets of $384K. Annual income is reported at $363K. Total assets have grown from $28K in 2011 to $366K in 2023. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Arizona, New York and Kansas. According to available records, L C & Margaret Jacobson Memorial Foundation has made 29 grants totaling $56K, with a median grant of $2K. Annual giving has grown from $16K in 2020 to $40K in 2022. Individual grants have ranged from $750 to $3K, with an average award of $2K. The foundation has supported 13 unique organizations. The foundation primarily supports organizations in Arizona, Kansas, New York, which account for 86% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$750
Median Grant
$3K
Average Grant
$2K
Largest Grant
$3K
Based on 7 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
L C & Margaret Jacobson Memorial Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 29 grants. Its grantmaking reaches organizations primarily in AZ, KS, NY.
L C & Margaret Jacobson Memorial Foundation has distributed a total of $56K across 29 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $750 to $3K.
L C & Margaret Jacobson Memorial Foundation typically selects its grantees rather than accepting unsolicited proposals.
L C & Margaret Jacobson Memorial Foundation is headquartered in PARADISE VLY, AZ. While based in AZ, the foundation distributes grants to organizations across 5 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jay Kee Jacobson | Director | $0 | $0 | N/A |
| Amy Jo Gottfurcht | Chairman | $0 | $0 | N/A |
| Harry Rosenzweig Jr | President | $0 | $0 | N/A |
| Kay F Gerold | Secretary | $0 | $0 | N/A |
| Ronald F Jacobson | Director | $0 | $0 | N/A |
Total Giving
$21K
Total Assets
$366K
Fair Market Value
$382K
Net Worth
$366K
Grants Paid
$19K
Contributions
N/A
Net Investment Income
$7K
Distribution Amount
$18K
Total Grants
29
Total Giving
$56K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
13
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Covenant HouseHELP FOR YOUTH | Topeka, KS | $1K | 2022 |
| St Mary'S Food BankFEED THE HUNGRY | Phoenix, AZ | $3K | 2022 |
| St Vincent De Paul SocietyFEED THE HUNGRY | Phoenix, AZ | $3K | 2022 |
| The Salvation ArmyHELP FOR THE POOR | Phoenix, AZ | $3K | 2022 |
| Valley View Bible ChurchHELP FOR THE POOR | Paradise Valley, AZ | $3K | 2022 |
| Guiding Eyes For The BlindHELP FOR THE BLIND | Yorktown, NY | $2K | 2022 |
| Wounded Warrior ProjectHELP FOR VETERANS | Topeka, KS | $2K | 2022 |
| Friends Of Arizona PbsHELP FOR THE BLIND | Phoenix, AZ | $1K | 2022 |
| Shriners Hospitals For ChildrenHELP FOR THE SICK | Atlanta, GA | $1K | 2022 |
| Hospice Of The ValleyHELP FOR THE SICK | Phoenix, AZ | $1K | 2022 |
| Alsacst Jude Children'S HospitalHELP FOR THE SICK | Memphis, TN | $1K | 2022 |
| St Marys Food BankFEED THE HUNGREY | Phoenix, AZ | $3K | 2020 |
| St Vincent Depaul SocietyFEED THE HUNGREY | Phoenix, AZ | $3K | 2020 |
TUCSON, AZ
PHOENIX, AZ
SCOTTSDALE, AZ