Jacobson & Schmitt Advisors Impact Fund
Jacobson & Schmitt Advisors Impact Fund is a private foundation, based in Middleton, WI. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $92K in total assets. In 2025, it awarded 3 grants totaling $4K. Net investment income was $8K.
Jacobson & Schmitt Advisors Impact Fund at a glance
In short: Jacobson & Schmitt Advisors Impact Fund gave $4K across 3 grants in 2025 (avg $1K), mostly in Wisconsin. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $4,000
- +60.0% vs 2024
- Grants made (2025)
- 3
- +50.0% vs 2024
- Average grant
- $1,333
- +6.7% vs 2024
- Median grant
- $1,000
- Total assets
- $91,675
- +56.4% vs 2024
- Primary geography
- Wisconsin (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Jacobson & Schmitt Advisors Impact Fund funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Asset Builders ($2K). Together the top 3 received $4K.
Grant Size Distribution
7 grants across all recorded years
The most common grant size was under $50K: 7 grants of 7 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
How Jacobson & Schmitt Advisors Impact Fund gives
- In 2025 it paid out 108% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2025, annual grant giving ranged from $2K (2023) to $4K (2025). In 2025 it made 3 grants totaling $4K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Asset Builders Madison, WI | General Support | $2,000 |
| The Road Home Dane County Madison, WI | General Support | $1,000 |
| Gigi's Playhouse Madison, WI | General Support | $1,000 |
Ready to take the next step with Jacobson & Schmitt Advisors Impact Fund?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $91,675 | $37,825 | $4,762 | $4,000 | 3 | $4,000 | $8,219 | $3,719 |
| 2024 | $58,612 | $33,511 | $3,235 | $2,500 | 2 | $2,500 | $6,776 | $2,071 |
| 2023 | $28,336 | $21,076 | $2,704 | $2,000 | 2 | $2,000 | $4,372 | $854 |
| 2022 | $9,964 | $9,964 | — | — | — | — | $5 | $81 |
Under IRS private-foundation payout rules, Jacobson & Schmitt Advisors Impact Fund reported a distributable amount of $4K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Jacobson & Schmitt Advisors Impact Fund's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Adam Sweet
Trustee
On filings since 2022
1 hr/week
No compensation reported
Jason Schmitt
Trustee
On filings since 2022
1 hr/week
No compensation reported
Richard Vanden Boogard
Trustee
On filings since 2022
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2022–2025. "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 Jacobson & Schmitt Advisors Impact Fund
How much does Jacobson & Schmitt Advisors Impact Fund give each year?
Jacobson & Schmitt Advisors Impact Fund gave $4K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $3K across 2 grants.
What is Jacobson & Schmitt Advisors Impact Fund's typical grant size?
Jacobson & Schmitt Advisors Impact Fund's median grant in 2025 was $1,000, and its average grant was $1,333, across 3 grants on its 2025 IRS Form 990-PF.
Where does Jacobson & Schmitt Advisors Impact Fund give grants?
Jacobson & Schmitt Advisors Impact Fund gives mostly in Wisconsin: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Madison, WI (3 grants).
Does Jacobson & Schmitt Advisors Impact Fund give general operating support?
Yes: 100% of Jacobson & Schmitt Advisors Impact Fund's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is Jacobson & Schmitt Advisors Impact Fund?
Jacobson & Schmitt Advisors Impact Fund reported $92K in total assets on its 2025 IRS Form 990-PF. It paid out $4K in qualifying distributions that year, against a required minimum of $4K (roughly 5% of its investment assets).
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 2022–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2022 (received by the IRS February 12, 2024)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS January 15, 2025)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS July 14, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 26, 2026)
- IRS filings on file for fiscal years 2022–2025
Live grants for the work Jacobson & Schmitt Advisors Impact Fund funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Jacobson & Schmitt Advisors Impact Fund's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Enterprise Holdings Foundation
Saint Louis, MO
The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.
Assets
$594.3M
Grants
1
Total Given
$101.4M
Sub-Zero Group Foundation Inc
Madison, WI
The foundation primarily funds social services for people in need, especially children, in or near Dane County, Wisconsin; recent grants also supported food assistance, community services, and education. In 2024, grants ranged from $500 to $1.86 million, with a median of $20,000. It accepts applications by letter describing the charitable purpose and does not limit giving to preselected organizations.
Assets
$3.6M
Grants
36
Total Given
$2.8M
Daniel & Julie Hartung Charitable
Fitchburg, WI
Daniel & Julie Hartung Charitable funds a range of charitable organizations, including those working in health care, arts, food assistance, disability services, education, and cancer support, with most grant dollars going to Wisconsin. Its 2025 grants ranged from $100 to $550,000, with a median of $10,000. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$2.3M
Grants
46
Total Given
$1.9M
Trustage Foundation Inc
Madison, WI
TruStage Foundation funds economic mobility through education—especially K–12 literacy, mentoring, and tutoring—and housing, including affordable housing, homelessness support, and rental assistance, with an emphasis on equity and systemic change. Its 2024 grants ranged from $250 to $650,000, with a median of $22,500; it prioritizes Madison/Dane County, Wisconsin, and the Cedar Valley area of Iowa, while employee giving supports organizations nationwide. Its 2024 filing says it funds preselected organizations and does not accept unsolicited requests.
Assets
$14.6M
Grants
74
Total Given
$3.6M
Jolie Marie Foundation
La Vernia, TX
Assets
$22K
Grants
1
Total Given
$5K
The Mcmahon Family Foundation
New York, NY
Assets
—
Grants
4
Total Given
$58K
More similar funders
More Funders in Wisconsin
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Jacobson & Schmitt Advisors Impact Fund's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Jacobson & Schmitt Advisors Impact Fund down — hundreds of funders to go?