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Richard O Jacobson Foundation Inc. is a private corporation based in DES MOINES, IA. The foundation received its IRS ruling in 1976. The principal officer is % Marvin Debner. It holds total assets of $66.7M. Annual income is reported at $45M. According to available records, Richard O Jacobson Foundation Inc. has made 22 grants totaling $24.4M, with a median grant of $326K. Annual giving has decreased from $8.8M in 2020 to $4.2M in 2023. Grantmaking activity was highest in 2022 with $8.9M distributed across 5 grants. Individual grants have ranged from $1K to $5M, with an average award of $1.1M. The foundation has supported 14 unique organizations. Grants have been distributed to organizations in Iowa and Minnesota and Florida. Contributions to this foundation are tax-deductible.
Richard O Jacobson Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 22 grants. Its grantmaking reaches organizations primarily in IA, MN, FL.
Richard O Jacobson Foundation Inc. has distributed a total of $24.4M across 22 grants. The median grant size is $326K, with an average of $1.1M. Individual grants have ranged from $1K to $5M.
Richard O Jacobson Foundation Inc. is a private foundation. To inquire about grants, you can look up the foundation using their EIN (510192624) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Richard O Jacobson Foundation Inc. is headquartered in DES MOINES, IA. While based in IA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bruce L Rastetter | CHAIRMAN & CEO | $0 | $0 | $0 |
| Carlton T King | VICE PRESIDENT | $0 | $0 | $0 |
| Mark N Larson | TREASURER | $0 | $0 | $0 |
| Will J Hoekman | SECRETARY | $0 | $0 | $0 |
Total Giving
$4.2M
Total Assets
$22.1M
Fair Market Value
$22.1M
Net Worth
$22.1M
Grants Paid
$4.2M
Contributions
$1M
Net Investment Income
$486K
Distribution Amount
$1.2M
Total: $14M
Total Grants
22
Total Giving
$24.4M
Average Grant
$1.1M
Median Grant
$326K
Unique Recipients
14
Most Common Grant
$5M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Trinity Lutheran ChurchContribution | Belmond, IA | $1.4M | 2021 |
| World Food PrizeContribution | Des Moines, IA | $1K | 2021 |
| YmcaContribution | Des Moines, IA | $50K | 2020 |
| Iowa State Fair Blue Ribbon FoundationContribution | Des Moines, IA | $4M | 2023 |
| Scholarship America |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Saint Peter, MN |
| $208K |
| 2023 |
| Blank Park ZooContribution | Des Moines, IA | $10K | 2023 |
| University Of Iowa FoundationContribution | Iowa City, IA | $5M | 2022 |
| Build A Better BelmondContribution | Belmond, IA | $800K | 2022 |
| Pinellas Education FoundationContribution | Largo, FL | $150K | 2022 |
| Chapel By The SeaContribution | Clearwater, FL | $245K | 2021 |
| The Iowa State University FoundationContribution | Ames, IA | $5M | 2020 |
| Every Step FoundationContribution | Des Moines, IA | $100K | 2020 |
| Variety - The Children'S CharityContribution | Des Moines, IA | $20K | 2020 |
| Belmond Klemme Community School DistrictContribution | Belmond, IA | $7K | 2020 |
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