Jb Foundation Inc
Jb Foundation Inc is a private foundation, based in NORTH WEBSTER, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.7M in total assets. In 2024, it awarded 28 grants totaling $228K. Net investment income was $349K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.7M
+23.2% YoY
Annual Giving
$228K
+69.8% YoY
Grant Count
28
+86.7% YoY
Avg Grant Size
$8K
-9.0% YoY
Under IRS private-foundation payout rules, Jb Foundation Inc reported a distributable amount of $224K for 2024 — the minimum it must pay out in qualifying distributions.
About Jb Foundation Inc
Based on IRS filings
Jb Foundation Inc is a private foundation, based in NORTH WEBSTER, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.7M in total assets. In 2024, it awarded 28 grants totaling $228K. Net investment income was $349K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,677,277 | $3,796,197 | $3,256,257 |
| Revenue | $348,957 | $144,666 | $67,248 |
| Expenses | $231,179 | $137,975 | $25,232 |
| Qualifying Distributions | $230,299 | $137,415 | $24,678 |
| Net Investment Income | $348,957 | $144,666 | $67,248 |
| Distributable Amount | $224,191 | $184,385 | $175,427 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
65 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Vanguard Charitable-jb Fund ($187,165), Santa Barbara Scholorship Fund ($15,000), Lotusland ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| AFRICAN WOMEN RISING NORTH WEBSTER, IN | TO HELP FURTHER THEIR EXEMPT PURPOSE | $1,000 |
| ALZHEIMERS ASSOC-CA CENTRAL COAST CRETE, IL | TO HELP FURTHER THEIR EXEMPT PURPOSE | $2,000 |
| CASA DEL HERRO HILLSDALE, MI | TO HELP FURTHER THEIR EXEMPT PURPOSE | $575 |
| FINE ARTS MUSEUMS OF SF MUNCIE, IN | TO HELP FURTHER THEIR EXEMPT PURPOSE | $600 |
| FIRST ANNUAL MONTECITO ART FAIR MUNCIE, IN | TO HELP FURTHER THEIR EXEMPT PURPOSE | $509 |
| FIRST TEE - CENTRAL COAST NORTH WEBSTER, IN | TO HELP FURTHER THEIR EXEMPT PURPOSE | $1,000 |
| LOTUSLAND NAMPA, ID | TO HELP FURTHER THEIR EXEMPT PURPOSE | $2,500 |
| MONTECITO LIBRARY NORTH WEBSTER, IN | TO HELP FURTHER THEIR EXEMPT PURPOSE | $250 |
| NATIONAL MS SOCIETY NORTH WEBSTER, IN | TO HELP FURTHER THEIR EXEMPT PURPOSE | $1,500 |
| OJAI RAPTOR CENTER NORTH WEBSTER, IN | TO HELP FURTHER THEIR EXEMPT PURPOSE | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL N BAUR | DIRECTOR | 1 | $1,000 |
| VICKI BAUR | DIRECTOR | 1 | $1,000 |
| MARY JO BAUR | DIRECTOR | 1 | — |
Frequently Asked Questions
How large is Jb Foundation Inc?
As of 2024, Jb Foundation Inc holds $4.7M in total assets with $349K in annual revenue. It awarded 28 grants totaling $228K in 2024.
Where does Jb Foundation Inc operate?
Jb Foundation Inc has awarded grants in Arizona, Colorado, Georgia, Idaho, Illinois, Indiana, Kentucky, Michigan, Ohio, Oklahoma, Pennsylvania, Rhode Island, Virginia, Washington.
What size grants does Jb Foundation Inc award?
In 2024, Jb Foundation Inc awarded 28 grants totaling $228K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Jb Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Jb Foundation Inc reported a distributable amount of $224K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Jb Foundation Inc's EIN?
Jb Foundation Inc's EIN (Employer Identification Number) is 31-1152381. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Jb Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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