Betty V and John M Jacobson Foundation
Betty V and John M Jacobson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AKRON, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $892K in total assets. In 2024, it awarded 7 grants totaling $83K. Net investment income was $49K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$892K
-9.9% YoY
Annual Giving
$83K
+71.9% YoY
Grant Count
7
+75.0% YoY
Avg Grant Size
$12K
-1.8% YoY
Under IRS private-foundation payout rules, Betty V and John M Jacobson Foundation reported a distributable amount of $49K for 2024 — the minimum it must pay out in qualifying distributions.
About Betty V and John M Jacobson Foundation
Based on IRS filings
Betty V and John M Jacobson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AKRON, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $892K in total assets. In 2024, it awarded 7 grants totaling $83K. Net investment income was $49K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $892,331 | $990,868 | $1,006,859 |
| Revenue | $1,897 | $49,996 | $54,202 |
| Expenses | $100,550 | $65,358 | $111,670 |
| Qualifying Distributions | $85,711 | $53,284 | $99,269 |
| Net Investment Income | $48,696 | $39,110 | $43,334 |
| Distributable Amount | $48,554 | $46,740 | $51,569 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
49 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Stan Hywet Hall and Gardens ($21,517), Open M ($20,000), National Inventors Hall of Fame Inc ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| NATIONAL INVENTORS HALL OF FAME INC NORTH CANTON, OH | CAMP INVENTION 2023 | $10,000 |
| STAN HYWET HALL AND GARDENS AKRON, OH | 714 DAY CAMPAIGN | $21,517 |
| AKRON CHILDREN'S HOSPITAL FOUND AKRON, OH | DIABETES ANDENDROCRINOLOGY FUND | $6,000 |
| THE WELL CDC AKRON, OH | TRAUMA-INFORMEDCAREER DEVELOPMENTPROGRAM | $5,000 |
| STEWART'S CARING PLACE FAIRLAWN, OH | CANCER WELLNESSPROGRAMS ANDSERVICES | $10,000 |
| HE BROUGHT US OUT MINISTRIES AKRON, OH | 2024 SUMMERBUILDING BLOCKSPROGRAM | $10,000 |
| OPEN M AKRON, OH | GENERALOPERATIONS | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Patrick J Weschler | President | 1 | — |
| Robert W Briggs | Chairman | 0.5 | — |
| Philip C Bradley | Sec. & Treas. | 0.5 | — |
| Nancy Gotfredson | Trustee | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Betty V and John M Jacobson Foundation?
Betty V and John M Jacobson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AKRON, OH. It holds $892K in total assets as of 2024.
How large is Betty V and John M Jacobson Foundation?
As of 2024, Betty V and John M Jacobson Foundation holds $892K in total assets with $2K in annual revenue. It awarded 7 grants totaling $83K in 2024.
Where does Betty V and John M Jacobson Foundation operate?
Betty V and John M Jacobson Foundation has awarded grants in Ohio.
What size grants does Betty V and John M Jacobson Foundation award?
In 2024, Betty V and John M Jacobson Foundation awarded 7 grants totaling $83K — an average of about $12K per grant, based on its IRS Form 990 filings.
How much is Betty V and John M Jacobson Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Betty V and John M Jacobson Foundation reported a distributable amount of $49K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Betty V and John M Jacobson Foundation's EIN?
Betty V and John M Jacobson Foundation's EIN (Employer Identification Number) is 27-0412575. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Betty V and John M Jacobson Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.