Jacob Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WELLESLEY, MA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $902K in total assets. In 2024, it awarded 4 grants totaling $28K. Net investment income was $8K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$902K
+35.8% YoY
Annual Giving
$28K
+16.7% YoY
Grant Count
4
-42.9% YoY
Avg Grant Size
$7K
+104.2% YoY
Under IRS private-foundation payout rules, Jacob Family Foundation reported a distributable amount of $38K for 2024 — the minimum it must pay out in qualifying distributions.
About Jacob Family Foundation
Based on IRS filings
Jacob Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WELLESLEY, MA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $902K in total assets. In 2024, it awarded 4 grants totaling $28K. Net investment income was $8K.
Focus Areas
Ready to take the next step with Jacob Family Foundation?
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 | $902,089 | $664,466 | $558,903 |
| Revenue | $156,864 | $38,030 | $283,200 |
| Expenses | $40,492 | $36,896 | $31,457 |
| Qualifying Distributions | $28,000 | $24,000 | — |
| Net Investment Income | $7,990 | $827 | $68,360 |
| Distributable Amount | $38,465 | $30,115 | $20,377 |
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
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Mustard Seed Communities Inc ($10,000), Wellspring House ($6,000), Cathleen Stone Island Outward Bound School ($6,000).
| Recipient | Purpose | Amount |
|---|---|---|
| WELLSPRING HOUSE GLOUCESTER, MA | CHARITABLE PURPOSE DESIGNATED BY THE RECIPIENT | $6,000 |
| CATHLEEN STONE ISLAND OUTWARD BOUND SCHOOL BOSTON, MA | CHARITABLE PURPOSE DESIGNATED BY THE RECIPIENT | $6,000 |
| MUSTARD SEED COMMUNITIES INC MEDFIELD, MA | CHARITABLE PURPOSE DESIGNATED BY THE RECIPIENT | $10,000 |
| WELLSPRING HOUSE GLOUCESTER, MA | CHARITABLE PURPOSE DESIGNATED BY THE RECIPIENT | $6,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NEIL JACOB | PRESIDENT AND DIRECTOR | 5 | — |
| LAURIE JACOB | VICE PRESIDENT AND DIRECTOR | 1 | — |
| CHAPIN JACOB | SECRETARY AND DIRECTOR | 1 | — |
| CHARLIE JACOB | TREASURER AND DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Jacob Family Foundation?
Jacob Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WELLESLEY, MA. It holds $902K in total assets as of 2024.
How large is Jacob Family Foundation?
As of 2024, Jacob Family Foundation holds $902K in total assets with $157K in annual revenue. It awarded 4 grants totaling $28K in 2024.
Where does Jacob Family Foundation operate?
Jacob Family Foundation has awarded grants in Massachusetts.
What size grants does Jacob Family Foundation award?
In 2024, Jacob Family Foundation awarded 4 grants totaling $28K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is Jacob Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Jacob Family Foundation reported a distributable amount of $38K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Jacob Family Foundation's EIN?
Jacob Family Foundation's EIN (Employer Identification Number) is 87-4017817. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Jacob Family Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Morgan Stanley Global Impact Funding Trust Inc
INDIANAPOLIS, IN
Assets
$9.1B
Grants
19,253
Total Given
$1.2B
The Greater Cincinnati Foundation
CINCINNATI, OH
Assets
$1.0B
Grants
1,408
Total Given
$184.4M
Bushrod H Campbell & Adah F Hall
BOSTON, MA
Assets
$15.9M
Grants
177
Total Given
$1.4M
Vanguard Charitable Endowment Program
SOUTHEASTERN, PA
Assets
$22.2B
Grants
24,269
Total Given
$3.0B
Cummings Foundation Grants Inc (fka Oneworld Boston Inc)
WOBURN, MA
Assets
$258.2M
Grants
658
Total Given
$38.2M
Salem Five Charitable Foundation Inc
SALEM, MA
Assets
$15.3M
Grants
1
Total Given
$974K
The Pfizer Foundation Inc
NEW YORK, NY
Assets
$255.3M
Grants
9,306
Total Given
$23.2M
Analog Devices Foundation
BOSTON, MA
Assets
$35.8M
Grants
1,158
Total Given
$2.0M
Jpmorgan Chase Foundation
NEW YORK, NY
Assets
$1.2B
Grants
10,334
Total Given
$202.5M
Liberty Mutual Foundation Inc
BOSTON, MA
Assets
$46.1M
Grants
706
Total Given
$50.6M
Massachusetts Service Alliance Inc
BOSTON, MA
Assets
$6.1M
Grants
46
Total Given
$15.5M
Sarita Kenedy East Foundation Inc
MOUNT KISCO, NY
Assets
$21.5M
Grants
36
Total Given
$1.1M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Jacob Family Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities