Jacobson & Schmitt Advisors Impact Fund

MIDDLETON, WI EIN: 87-6985903

Jacobson & Schmitt Advisors Impact Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIDDLETON, WI. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $59K in total assets. In 2024, it awarded 2 grants totaling $3K. Net investment income was $7K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$59K

+106.8% YoY

Annual Giving

$3K

+25.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$1K

+25.0% YoY

Under IRS private-foundation payout rules, Jacobson & Schmitt Advisors Impact Fund reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.

About Jacobson & Schmitt Advisors Impact Fund

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Wisconsin $5K (100%)

States

Wisconsin

Cities

Madison

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$58,612	$28,336	$9,964
Revenue	$33,511	$21,076	$9,964
Expenses	$3,235	$2,704	—
Qualifying Distributions	$2,500	$2,000	—
Net Investment Income	$6,776	$4,372	$5
Distributable Amount	$2,071	$854	$81

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

4 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Asset Builders ($1,500), The Road Home Dane County ($1,000).

Recipient	Purpose	Amount
ASSET BUILDERS MADISON, WI	GENERAL SUPPORT	$1,500
THE ROAD HOME DANE COUNTY MADISON, WI	GENERAL SUPPORT	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JASON SCHMITT	TRUSTEE	1	—
RICHARD VANDEN BOOGARD	TRUSTEE	1	—
ADAM SWEET	TRUSTEE	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Jacobson & Schmitt Advisors Impact Fund?

Jacobson & Schmitt Advisors Impact Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIDDLETON, WI. It holds $59K in total assets as of 2024.

How large is Jacobson & Schmitt Advisors Impact Fund?

As of 2024, Jacobson & Schmitt Advisors Impact Fund holds $59K in total assets with $34K in annual revenue. It awarded 2 grants totaling $3K in 2024.

Where does Jacobson & Schmitt Advisors Impact Fund operate?

Jacobson & Schmitt Advisors Impact Fund has awarded grants in Wisconsin.

What size grants does Jacobson & Schmitt Advisors Impact Fund award?

In 2024, Jacobson & Schmitt Advisors Impact Fund awarded 2 grants totaling $3K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is Jacobson & Schmitt Advisors Impact Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Jacobson & Schmitt Advisors Impact Fund reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Jacobson & Schmitt Advisors Impact Fund's EIN?

Jacobson & Schmitt Advisors Impact Fund's EIN (Employer Identification Number) is 87-6985903. IRS Form 990 filing data is available on this page for 2022–2024.