Jacobsen Charles and Virginia
Jacobsen Charles and Virginia is a private foundation, based in Naples, FL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $73K in total assets. Net investment income was $39.
Key facts about Jacobsen Charles and Virginia
- EIN
- 65-6368722
- Latest 990 filing
- Form 990-PF, 2025
- Total assets
- $72,885
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$73K
+0.1% YoY
Revenue
$39
-84.1% YoY
Net Investment Income
$39
Expenses
—
Under IRS private-foundation payout rules, Jacobsen Charles and Virginia reported a distributable amount of $4K for 2025 — the minimum it must pay out in qualifying distributions.
How Jacobsen Charles and Virginia gives
- Giving grew 30% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $173K (2020) to $410K (2024). In 2024 it made 8 grants totaling $410K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
42 grants across all recorded years
The most common grant size was under $50K: 29 grants of 42 (69%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $72,885 | $72,846 | $492,500 |
| Revenue | $39 | $246 | $1,281 |
| Expenses | — | $419,900 | $415,957 |
| Qualifying Distributions | — | $410,000 | $385,000 |
| Net Investment Income | $39 | — | — |
| Distributable Amount | $3,588 | $13,922 | $34,464 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Jacobsen Charles and Virginia is led by David N. Sexton, Trustee on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2025 filing
David N. Sexton
Trustee
On filings since 2020
3 hrs/week
$12K (2020) → $0 (2025)
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2023 IRS filing
The highest reported compensation on the 2023 filing was $50K, to David N Sexton (Trustee).
Frequently asked questions about Jacobsen Charles and Virginia
How large is Jacobsen Charles and Virginia?
Jacobsen Charles and Virginia reported $73K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $39.
Where does Jacobsen Charles and Virginia operate?
Jacobsen Charles and Virginia has awarded grants in District of Columbia, Florida, Georgia, Illinois.
How much is Jacobsen Charles and Virginia required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Jacobsen Charles and Virginia reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Jacobsen Charles and Virginia's EIN?
Jacobsen Charles and Virginia's EIN (Employer Identification Number) is 65-6368722. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Jacobsen Charles and Virginia by hand.
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