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The Jerome Jacobson Foundation Inc. is a private corporation based in MALVERN, PA. The foundation received its IRS ruling in 1990. The principal officer is Jerome Jacobson. It holds total assets of $282K. Annual income is reported at $502K. Total assets have decreased from $8.5M in 2011 to $770K in 2023. The foundation is governed by 2 officers and trustees. Tax records are available from 2016 to 2023. Funding is distributed across 6 states, including District of Columbia, Maryland, Pennsylvania. According to available records, The Jerome Jacobson Foundation Inc. has made 25 grants totaling $4.3M, with a median grant of $50K. Annual giving has grown from $768K in 2020 to $1.2M in 2023. Grantmaking activity was highest in 2022 with $2M distributed across 6 grants. Individual grants have ranged from $6K to $500K, with an average award of $171K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in District of Columbia, Michigan, California, which account for 52% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$6K
Median Grant
$38K
Average Grant
$96K
Largest Grant
$500K
Based on 8 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.
The Jerome Jacobson Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 25 grants. Its grantmaking reaches organizations primarily in DC, MI, CA.
The Jerome Jacobson Foundation Inc. has distributed a total of $4.3M across 25 grants. The median grant size is $50K, with an average of $171K. Individual grants have ranged from $6K to $500K.
Board acceptance and annual charitable budget.
The Jerome Jacobson Foundation Inc. is headquartered in MALVERN, PA. While based in PA, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Louis Rubinfield | PRESIDENT, DIRECTOR | $0 | $0 | N/A |
| Richard Breen | SECY, TREAS, DIRECTOR | $0 | $0 | N/A |
Total Giving
$1.3M
Total Assets
$770K
Fair Market Value
$770K
Net Worth
$770K
Grants Paid
$1.2M
Contributions
N/A
Net Investment Income
$35K
Distribution Amount
$37K
Total Grants
25
Total Giving
$4.3M
Average Grant
$171K
Median Grant
$50K
Unique Recipients
10
Most Common Grant
$500K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Anti-Defamation LeagueGENERAL NEEDS | Washington, DC | $500K | 2023 |
| AcluNATIONAL CAPITAL AREA | Washington, DC | $500K | 2023 |
| StandwithusPRO-ISRAEL EDUCATION AND ADVOCACY | Los Angeles, CA | $200K | 2023 |
| Penn HillelGENERAL NEEDS | Philadelphia, PA | $18K | 2023 |
| Minnesota Chapter For MsALZHEIMER'S GENERAL NEEDS | Clarksburg, MD | $6K | 2023 |
| The Pbs FoundationPBS NEWS HOUR | Arlington, VA | $75K | 2021 |
| Bright Focus FoundationALZHEIMER'S GENERAL NEEDS | Clarksburg, MD | $75K | 2021 |
| Community Partner SchoolGENERAL NEEDSSUPPORT THE LITERACY CURRICULUM | Philadelphia, PA | $13K | 2021 |
| Kellogg Eye Center University Of MichiganKELLOGG EYE CENTER: JEROME JACOBSON FOUNDATION RESEARCH FUND | Ann Arbor, MI | $500K | 2020 |
| Fair Election CenterGENERAL NEEDS | Washington, DC | $25K | 2020 |