Jacobs University Bremen Foundation of America Inc
Jacobs University Bremen Foundation of America Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $246K in total assets. In 2024, it awarded 3 grants totaling $13K. Net investment income was $7K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$246K
+4.8% YoY
Annual Giving
$13K
-0.2% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$4K
-0.2% YoY
Under IRS private-foundation payout rules, Jacobs University Bremen Foundation of America Inc reported a distributable amount of $12K for 2024 — the minimum it must pay out in qualifying distributions.
About Jacobs University Bremen Foundation of America Inc
Based on IRS filings
Jacobs University Bremen Foundation of America Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $246K in total assets. In 2024, it awarded 3 grants totaling $13K. Net investment income was $7K.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $245,698 | $234,446 | $227,690 |
| Revenue | $14,617 | $13,915 | $15,134 |
| Expenses | $16,751 | $22,854 | $16,942 |
| Qualifying Distributions | $12,650 | $12,677 | $10,228 |
| Net Investment Income | $7,027 | $6,821 | $6,067 |
| Distributable Amount | $11,781 | $10,988 | $11,854 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 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 Constructor University Bremen gGmbH ($5,445), Constructor University Bremen gGmbH ($5,445), Constructor University Bremen gGmbH ($1,760).
| Recipient | Purpose | Amount |
|---|---|---|
| Constructor University Bremen gGmbH | Scholarship | $5,445 |
| Constructor University Bremen gGmbH | Scholarship | $5,445 |
| Constructor University Bremen gGmbH | Student Education | $1,760 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Raymond O Wells Jr | Chairman | 1 | — |
| Dr Cornelia Scheitz | Director | 1 | — |
| Benjamin Liebald | Director | 1 | — |
| James Cooney | Director | 1 | — |
| Kevin Dominik Korte | President Treasurer | 1 | — |
| Valerie L Pawson | Assistant Clerk | 1 | — |
| Aakash Jain | Director | 1 | — |
| Ekaterina Damer | Director | 1 | — |
| Nyaradzo Dzvova | Secretary | 1 | — |
| Andrei Ignat | Director | 1 | — |
| Anne Valtink | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Jacobs University Bremen Foundation of America Inc?
Jacobs University Bremen Foundation of America Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. It holds $246K in total assets as of 2024.
How large is Jacobs University Bremen Foundation of America Inc?
As of 2024, Jacobs University Bremen Foundation of America Inc holds $246K in total assets with $15K in annual revenue. It awarded 3 grants totaling $13K in 2024.
What size grants does Jacobs University Bremen Foundation of America Inc award?
In 2024, Jacobs University Bremen Foundation of America Inc awarded 3 grants totaling $13K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Jacobs University Bremen Foundation of America Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Jacobs University Bremen Foundation of America Inc reported a distributable amount of $12K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Jacobs University Bremen Foundation of America Inc's EIN?
Jacobs University Bremen Foundation of America Inc's EIN (Employer Identification Number) is 04-3558104. IRS Form 990 filing data is available on this page for 2020–2024.
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Browse active grant opportunities in Jacobs University Bremen Foundation of America Inc'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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