Jacobsen Lake Foundation

Foundation · Grantmaker Salt Lake City, UT EIN: 20-8817037

Jacobsen Lake Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Salt Lake City, UT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $255K in total assets. In 2024, it awarded 8 grants totaling $13K. Net investment income was $17K.

Key facts about Jacobsen Lake Foundation

EIN: 20-8817037
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $13,000
Grants made (2024): 8
Average grant: $1,625
Median grant: $1,250
Total assets: $254,890
Primary geography: Utah (77% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Jacobsen Lake Foundation funds

By grant dollars, the top recipient states for Jacobsen Lake Foundation's 8 itemized 2024 grants were Utah (77%), Arizona (8%) and New York (8%). The most frequent recipient cities were Salt Lake City, UT (4 grants). 100% of grants with a stated purpose were for general or operating support.

How Jacobsen Lake Foundation gives

Giving held roughly steady from 2021 to 2024 (−2%). Method
In 2024 it paid out 94% 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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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$255K

+1.7% YoY

Annual Giving

$13K

-20.3% YoY

Grant Count

-33.3% YoY

Avg Grant Size

$2K

+19.6% YoY

Under IRS private-foundation payout rules, Jacobsen Lake Foundation reported a distributable amount of $14K for 2024 — the minimum it must pay out in qualifying distributions.

About Jacobsen Lake Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Utah $10K (77%)

Arizona $1K (8%)

New York $1K (8%)

Indiana $1K (8%)

Share of all 8 itemized 2024 grant dollars.

States

Arizona Florida Indiana Maryland New York Oklahoma Utah

Cities

Salt Lake CityProvoSandyScottsdaleStaten IslandHolladayIndianapolisJacksonvilleMorganPhoenixBaltimoreOwasso

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$254,890	$250,612	$226,232
Revenue	$23,340	$46,280	$17,593
Expenses	$19,062	$21,900	$24,109
Qualifying Distributions	$13,000	$16,308	$16,099
Net Investment Income	$17,278	$40,688	$13,693
Distributable Amount	$13,830	$12,573	$16,058

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Grant Size Distribution

55 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include University of Utah ($5,500 across 2 grants), Salt Lake Civil Network ($2,000), City Academy ($1,500).

Recipient	Purpose	Amount
UNIVERSITY OF UTAH Salt Lake City, UT	GENERAL USE	$3,000
UNIVERSITY OF UTAH Salt Lake City, UT	GENERAL	$2,500
SALT LAKE CIVIL NETWORK Salt Lake City, UT	GENERAL USE	$2,000
CITY ACADEMY Salt Lake City, UT	GENERAL USE	$1,500
ALLIANCE DEFENDING FREEDOM Phoenix, AZ	GENERAL USE	$1,000
TUNNEL TO TOWERS Staten Island, NY	GENERAL USE	$1,000
WOUNDED WARRIORS Morgan, UT	GENERAL USE	$1,000
PREBORN Indianapolis, IN	GENERAL USE	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Heber S Jacobsen	Director	—	—
Christine Lake	Director	—	—
Amie Rosenberg	Director	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Jacobsen Lake Foundation?

Jacobsen Lake Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Salt Lake City, UT. It holds $255K in total assets as of 2024.

How large is Jacobsen Lake Foundation?

As of 2024, Jacobsen Lake Foundation holds $255K in total assets with $23K in annual revenue. It awarded 8 grants totaling $13K in 2024.

Where does Jacobsen Lake Foundation operate?

Jacobsen Lake Foundation has awarded grants in Arizona, Florida, Indiana, Maryland, New York, Oklahoma, Utah.

What size grants does Jacobsen Lake Foundation award?

In 2024, Jacobsen Lake Foundation awarded 8 grants totaling $13K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Jacobsen Lake Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Jacobsen Lake Foundation reported a distributable amount of $14K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.