Jacob Press Foundation

RYE, CO EIN: 13-6120372

Jacob Press Foundation is a private foundation, based in RYE, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $643K in total assets. In 2024, it awarded 32 grants totaling $26K. Net investment income was $19K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$643K

-1.0% YoY

Annual Giving

$26K

+4.6% YoY

Grant Count

-11.1% YoY

Avg Grant Size

$808.594

+17.6% YoY

Under IRS private-foundation payout rules, Jacob Press Foundation reported a distributable amount of $28K for 2024 — the minimum it must pay out in qualifying distributions.

About Jacob Press Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Colorado $58K (44%)

Florida $47K (36%)

New Mexico $15K (11%)

District of Columbia $4K (3%)

New York $2K (1%)

Virginia $1K (1%)

Georgia $1K (1%)

Nebraska $700 (1%)

+8 more states

States

California Colorado District of Columbia Florida Georgia Illinois Kentucky Massachusetts Maryland Nebraska New Jersey New Mexico New York Tennessee Texas Virginia

Cities

AericusAmericusArlingtonAtlantaBaltimoreBoca RatonBostonBoys TownCherry HillChicagoClermontCold SpringsColorado CityDallasDenverGainesvilleGoldenHerndonJacksonvilleMemphis

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$643,055	$649,494	$666,185
Revenue	$22,381	$9,990	$16,132
Expenses	$28,397	$27,187	$24,477
Qualifying Distributions	$26,875	$25,648	$22,863
Net Investment Income	$18,837	$19,439	$16,002
Distributable Amount	$28,251	$23,928	$24,974

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

170 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Temple Emanuel ($5,000), University of Florida Hillel ($5,000), Jewish Colorado ($2,500).

Recipient	Purpose	Amount
ADOPTION CHOICES OF COLORADO GOLDEN, CO	GENERAL PURPOSE	$500
AMERICAN PARKINSON DISEASE ASSOCIAT STATEN ISLAND, NY	GENERAL PURPOSE	$100
BOYS TOWN BOYS TOWN, NE	GENERAL PURPOSE	$200
CARE AND SHARE FOOD BANK PUEBLO, CO	GENERAL PURPOSE	$200
DISABLED VETERANS COLD SPRINGS, KY	GENERAL PURPOSE	$100
EASTER SEALS PUEBLO, CO	GENERAL PURPOSE	$100
FAITH CIRCLE JACKSONVILLE, FL	GENERAL PURPOSE	$1,000
JARC FLORIDA BOCA RATON, FL	GENERAL PURPOSE	$1,500
JEWISH COLORADO DENVER, CO	GENERAL PURPOSE	$2,500
MSAA CHERRY HILL, NJ	GENERAL PURPOSE	$50

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
CATHY S HOFFELD	TRUSTEE	2	—

Frequently Asked Questions

How large is Jacob Press Foundation?

As of 2024, Jacob Press Foundation holds $643K in total assets with $22K in annual revenue. It awarded 32 grants totaling $26K in 2024.

Where does Jacob Press Foundation operate?

Jacob Press Foundation has awarded grants in California, Colorado, District of Columbia, Florida, Georgia, Illinois, Kentucky, Massachusetts, Maryland, Nebraska, New Jersey, New Mexico, New York, Tennessee, Texas, Virginia.

What size grants does Jacob Press Foundation award?

In 2024, Jacob Press Foundation awarded 32 grants totaling $26K — an average of about $808.594 per grant, based on its IRS Form 990 filings.

How much is Jacob Press Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Jacob Press Foundation reported a distributable amount of $28K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.