Jacobsen Family Foundation

Private foundation · Grantmaker Saint Paul, MN EIN: 41-1886672

Jacobsen Family Foundation is a private foundation, based in Saint Paul, MN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $928K in total assets. In 2025, it awarded 8 grants totaling $38K. Net investment income was $26K.

Key facts about Jacobsen Family Foundation

In short: Jacobsen Family Foundation gave $38K across 8 grants in 2025 (avg $5K), mostly in Minnesota. Source: 2025 IRS Form 990-PF.

EIN
41-1886672
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$37,977
Grants made (2025)
8
Average grant
$4,747
Median grant
$3,479
Total assets
$927,863
Primary geography
Minnesota (95% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$928K

-3.3% YoY

Annual Giving

$38K

-49.1% YoY

Grant Count

8

-46.7% YoY

Avg Grant Size

$5K

-4.5% YoY

Under IRS private-foundation payout rules, Jacobsen Family Foundation reported a distributable amount of $64K for 2025 — the minimum it must pay out in qualifying distributions.

How Jacobsen Family Foundation gives

  • Giving fell 58% from 2022 to 2025. Method
  • In 2025 it paid out 62% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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

10states

Share of 2025 grant dollars across all 8 itemized grants.

Cities

MinneapolisSt. PaulNew YorkRichfieldCharlestonEdinaCoon RapidsEaganEden PraireRosevilleBurnsvilleColumbia HeightsEden PraoroeHopkinsJersey CityLakevilleMissionRichardsonSan DiegoSeymour

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K14 grants2020 1 grant2021 15 grants2022 16 grants2023 15 grants2024 8 grants2025

From 2020 to 2025, annual grant giving ranged from $38K (2025) to $91K (2022). In 2025 it made 8 grants totaling $38K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2025

Project Reach (SPPS): $13KProject Reach (SPPS)$13KJack's Caregiving Coalition: $10KJack's Caregiving Coalition$10KStart Senior Solutions: $5KStart Senior Solutions$5KToys for Tots: $4KToys for Tots$4KNMDP (Formerly Be the Match): $3KNMDP (Formerly Be the Match)$3KTime to Revive: $1KTime to Revive$1KArrive Ministires: $1KArrive Ministires$1KCharleston Friends of the Library: $1KCharleston Friends of theLibrary$1K

The largest 2025 recipient was Project Reach (SPPS) ($13K). Together the top 8 received $38K.

Grant Size Distribution

55 grants across all recorded years

55<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 55 grants of 55 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Project Reach (SPPS) St. Paul, MNSchool Supplies$13,019
Jack's Caregiving Coalition Minneapolis, MNReplace Exhaust Fanon the Storm Chasertrailer$10,000
Start Senior Solutions Eden Praire, MNGen Op & Av Equip$5,000
Toys for Tots Minneapolis, MNTOYS$4,458
NMDP (Formerly Be the Match) Minneapolis, MNGEN OP$2,500
Time to Revive Richardson, TXGEN OP$1,000
Arrive Ministires Richfield, MNGEN OP$1,000
Charleston Friends of the Library Charleston, SCGEN OP$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$927,863$959,139$997,105
Revenue$15,989$47,035$54,424
Expenses$47,265$85,001$58,145
Qualifying Distributions$39,719$76,430$51,308
Net Investment Income$26,361$39,568$46,745
Distributable Amount$64,355$61,427$56,998

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS October 26, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 25, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 6, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 28, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Jacobsen Family Foundation is led by Ann E. Johnson, Board Chair since 2021 (on filings since 2020); none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Ann E. Johnson

    Board Chair

    Vice President → Board Chair, 2021

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Stuart Johnson

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Cailin Johnson

    Director

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Lowell P. Jacobsen

    Treasurer

    President → Treasurer, 2021

    On filings since 2020

    2 hrs/week

    No compensation reported

Former officers (1)
  • Former: Cheryl L. Jacobsen (2020) — Vice President & Treasurer

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.

Frequently asked questions about Jacobsen Family Foundation

How much does Jacobsen Family Foundation give each year?

Jacobsen Family Foundation gave $38K across 8 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $75K across 15 grants.

What is Jacobsen Family Foundation's typical grant size?

Jacobsen Family Foundation's median grant in 2025 was $3,479, and its average grant was $4,747, across 8 grants on its 2025 IRS Form 990-PF.

Where does Jacobsen Family Foundation give grants?

Jacobsen Family Foundation gives mostly in Minnesota: 95% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Minneapolis, MN (3 grants).

Does Jacobsen Family Foundation give general operating support?

Not in 2025: none of the 8 grants with a stated purpose on Jacobsen Family Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Gen Op" (4 grants).

Who are Jacobsen Family Foundation's largest grantees?

Jacobsen Family Foundation's largest 2025 grantees include Project Reach (SPPS) ($13,019), Jack's Caregiving Coalition ($10,000) and Start Senior Solutions ($5,000), according to its 2025 IRS Form 990-PF. Together they received 74% of its itemized 2025 grant dollars.

How large is Jacobsen Family Foundation?

Jacobsen Family Foundation reported $928K in total assets on its 2025 IRS Form 990-PF. It paid out $40K in qualifying distributions that year, against a required minimum of $64K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Jacobsen Family Foundation's EIN?

Jacobsen Family Foundation's EIN (Employer Identification Number) is 41-1886672. 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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