Jab Foundation

GOLDEN VALLEY, MN EIN: 41-6426986

The JAB Foundation, formally known as the Archie C and Jane McDonald Black Charitable Trust, is a private foundation based in Golden Valley, Minnesota. Established in 1997, it operates as a 501(c)(3) organization with a focus on philanthropic grantmaking in education, human services, and community development.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$552K

-17.7% YoY

Grant Count

20

-16.7% YoY

Avg Grant Size

$28K

-1.2% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary funding areas include:

  • Education — with emphasis on educational equity and student success
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services

The foundation demonstrates particular commitment to literacy initiatives and educational advancement in Minnesota.

Grantmaking

Grant Range

$50,000–$123,332

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Minnesota, Oregon, and Maryland, with a particular emphasis on Minnesota-based initiatives.

Grant Distribution by State

7states

Cities

BALTIMOREBOSTONBROOKLYN CENTERBROOKLYN PARKCARYCHESTNUT HILLCHICAGOEDINAGOLDEN VALLEYMANKATOMILWAUKEEMINNEAPOLISPLYMOUTHPORTLANDST LOUIS PARKST PAULTHOUSAND OAKSWAZATA

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total assets: $12,050,291
  • Total revenues: $4,152,785
  • Total expenses: $596,510
  • Total giving: $552,341

As of 2023:

  • Total assets: $8,494,016
  • Total revenues: $4,248,800
  • Total expenses: $682,113
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$336K$671K$1M$1M22 grants202023 grants202127 grants202224 grants202320 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UNIVERSITY OF ST THOMAS$96KAIM HIGHER FOUNDATION$83KGREAT MN SCHOOLS$50KDOUGHERTY FAMILY COLLEGE$50KNORTHSIDE ACHIEVEMENT ZONE$40KUNITIED WAY$33KIMMACULATE CONCEPTION CA…$30KBENILDE - ST MARGARETS$28KSERVE MINNESOTA$25KTHINK SMALL$25K

Grant Size Distribution

116 grants across all recorded years

87<$50K20$50–100K7$100–250K1$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Jane McDonald Black serves as Trustee and Executive Director of the JAB Foundation. She holds a Bachelor of Science in Accounting from Marquette University and an MBA from the University of St. Thomas (earned 2019). Jane is actively engaged in Minnesota's literacy initiatives as a member of the Minnesota Hunt Institute Path Forward Literacy Team. She serves on multiple boards including Ed Allies MN, Dougherty Family College, Great Minnesota Schools, and the Northside Achievement Zone. She is a former board chair for Catholic Charities and has served on boards including the BARR Center, St. Alphonsus School, Good Shepherd School, and Benilde-St. Margaret's.

Archie Black serves as Trustee.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JANE MCDONALD BLACKTRUSTEE25
ARCHIE BLACKTRUSTEE
MICHAEL BLACKTRUSTEE

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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