Jacob Family Foundation Corporation
Jacob Family Foundation Corporation is a private foundation, based in BLOOMFIELD, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 4 grants totaling $133K. Net investment income was $232K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.5M
+12.5% YoY
Annual Giving
$133K
+25.6% YoY
Grant Count
4
-20.0% YoY
Avg Grant Size
$33K
+57.0% YoY
Under IRS private-foundation payout rules, Jacob Family Foundation Corporation reported a distributable amount of $123K for 2024 — the minimum it must pay out in qualifying distributions.
About Jacob Family Foundation Corporation
Based on IRS filings
Jacob Family Foundation Corporation is a private foundation, based in BLOOMFIELD, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 4 grants totaling $133K. Net investment income was $232K.
Ready to take the next step with Jacob Family Foundation Corporation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,459,001 | $1,296,856 | $1,289,340 |
| Revenue | $300,296 | $117,454 | $77,425 |
| Expenses | $138,151 | $109,938 | $109,885 |
| Qualifying Distributions | $132,500 | $106,413 | $104,682 |
| Net Investment Income | $232,341 | $107,177 | $73,001 |
| Distributable Amount | $123,430 | $96,302 | $95,169 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
30 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Michigan Medicine Office of Development ($100,000), Cranbrook Schools ($17,500), Jewish Federation of Metropolitan Detroit ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CRANBROOK SCHOOLS BLOOMFIELD HILLS, MI | GENERAL | $17,500 |
| GESHER HUMAN SERVICES SOUTHFIELD, MI | GENERAL | $5,000 |
| JEWISH FEDERATION OF METROPOLITAN DETROIT BLOOMFIELD HILLS, MI | GENERAL | $10,000 |
| MICHIGAN MEDICINE OFFICE OF DEVELOPMENT ANN ARBOR, MI | GENERAL | $100,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ARNOLD M JACOB | PRES & TREAS | 20 | — |
| LINDA T JACOB | VP & SECY | 5 | — |
Frequently Asked Questions
How large is Jacob Family Foundation Corporation?
As of 2024, Jacob Family Foundation Corporation holds $1.5M in total assets with $300K in annual revenue. It awarded 4 grants totaling $133K in 2024.
Where does Jacob Family Foundation Corporation operate?
Jacob Family Foundation Corporation has awarded grants in Illinois, Michigan.
What size grants does Jacob Family Foundation Corporation award?
In 2024, Jacob Family Foundation Corporation awarded 4 grants totaling $133K — an average of about $33K per grant, based on its IRS Form 990 filings.
How much is Jacob Family Foundation Corporation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Jacob Family Foundation Corporation reported a distributable amount of $123K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Jacob Family Foundation Corporation's EIN?
Jacob Family Foundation Corporation's EIN (Employer Identification Number) is 31-1214668. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Jacob Family Foundation Corporation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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