Jacobsen Charles and Virginia

Private foundation · Grantmaker Naples, FL EIN: 65-6368722

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

4states

Cities

NaplesFort MyersEsteroAtlantaChicagoWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K8 grants2020 14 grants2021 9 grants2022 11 grants2023 8 grants2024 0 grants2025

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

29<$50K13$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

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

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2020 2021 2022 2023 2024 2025
Metric202520242023
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

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  2. 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

David N Sexton — Trustee: $50KDavid N SextonTrustee$50K

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.

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