JM Jobe Family Foundation Inc

Private foundation · Grantmaker Corydon, KY EIN: 82-3569331

JM Jobe Family Foundation Inc is a private foundation, based in Corydon, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $965K in total assets. In 2024, it awarded 9 grants totaling $40K. Net investment income was $51K.

Key facts about JM Jobe Family Foundation Inc

In short: JM Jobe Family Foundation Inc gave $40K across 9 grants in 2024 (avg $4K), mostly in Kentucky. Source: 2024 IRS Form 990-PF.

EIN
82-3569331
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$40,291
Grants made (2024)
9
Average grant
$4,477
Median grant
$5,000
Total assets
$964,583
Primary geography
Kentucky (58% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$965K

-4.9% YoY

Annual Giving

$40K

+1.1% YoY

Grant Count

9

+28.6% YoY

Avg Grant Size

$4K

-21.4% YoY

Under IRS private-foundation payout rules, JM Jobe Family Foundation Inc reported a distributable amount of $44K for 2024 — the minimum it must pay out in qualifying distributions.

How JM Jobe Family Foundation Inc gives

  • Giving fell 31% from 2021 to 2024. Method
  • In 2024 it paid out 91% 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

4states

Share of 2024 grant dollars across all 9 itemized grants.

Cities

HendersonCadizChapel HillFrankfortGrahamLeitchfieldBismarkLouisvilleSuwaneeAsheboroCarrboroDurhamHendersonqLexington

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K7 grants2020 11 grants2021 10 grants2022 7 grants2023 9 grants2024

From 2020 to 2024, annual grant giving ranged from $38K (2020) to $58K (2021). In 2024 it made 9 grants totaling $40K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Leitchfild VFW: $10KLeitchfild VFW$10KTransplanting Traditions Community Farm: $7KTransplanting TraditionsCommunity Farm$7KDelta Waterfowl Foundation: $5KDelta Waterfowl Foundation$5KKY Fish and Wildlife Foundation: $5KKY Fish and WildlifeFoundation$5KFriends of LBL School Grant Program: $5KFriends of LBL School GrantProgram$5KBenevolence Farm: $3KBenevolence Farm$3KKY Hunters for the Hungry: $3KKY Hunters for the Hungry$3KWake the World: $1KWake the World$1KAmerican Legion Post 40: $1KAmerican Legion Post 40$1K

The largest 2024 recipient was Leitchfild VFW ($10K). Together the top 9 received $40K.

Grant Size Distribution

44 grants across all recorded years

44<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 44 grants of 44 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Leitchfild VFW Leitchfield, KYImprovements to James D Beville Park$10,000
Transplanting Traditions Community Farm Chapel Hill, NCProvide refugee adults and youth access to land healthy food and entrepreneurial opportunities$7,000
Delta Waterfowl Foundation Bismark, NDIncrease Duck Production$5,391
KY Fish and Wildlife Foundation Frankfort, KYScholarships to Camp Currie$5,000
Friends of LBL School Grant Program Cadiz, KYProvide public school children the opportunity to experience environmental education$5,000
Benevolence Farm Graham, NCFarm & residential program to create equitable, just, and nuturing world for womend$3,000
KY Hunters for the Hungry Louisville, KYState Wide Hunger Relief Program$2,500
Wake the World Asheboro, NCWatersports Opportunities to Abandoned, Abused or Neglected Children$1,400
American Legion Post 40 Hendersonq, KYEnhance the well-being of American veterans & thier families$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$50K$75K$100K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$964,583$1,014,425$1,028,207
Revenue$-7,817$26,026$11,929
Expenses$41,197$40,901$42,165
Qualifying Distributions$40,291$39,870$40,350
Net Investment Income$50,945$46,543$45,911
Distributable Amount$44,413$43,360$47,104

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

JM Jobe Family Foundation Inc is led by Jeff Jobe, President since 2022 (on filings since 2020); none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Jeff Jobe

    President

    Board Chair → President, 2022

    On filings since 2020

    No compensation reported

  • Erin Jobe

    Director

    President → Director, 2022

    On filings since 2020

    No compensation reported

  • Mary Jobe

    Secretary & Treasurer

    Director → Secretary & T, 2022

    Secretary & T → Secretary & Treasurer, 2024

    On filings since 2020

    No compensation reported

Former officers (1)
  • Former: Woodfin Daly (2020–2021) — Secretary

Data from IRS Form 990 filings, 2020–2024. "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 JM Jobe Family Foundation Inc

How much does JM Jobe Family Foundation Inc give each year?

JM Jobe Family Foundation Inc gave $40K across 9 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $40K across 7 grants.

What is JM Jobe Family Foundation Inc's typical grant size?

JM Jobe Family Foundation Inc's median grant in 2024 was $5,000, and its average grant was $4,477, across 9 grants on its 2024 IRS Form 990-PF.

Where does JM Jobe Family Foundation Inc give grants?

JM Jobe Family Foundation Inc gives mostly in Kentucky: 58% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were North Carolina (28%) and North Dakota (13%).

Does JM Jobe Family Foundation Inc give general operating support?

Not in 2024: none of the 9 grants with a stated purpose on JM Jobe Family Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support.

Who are JM Jobe Family Foundation Inc's largest grantees?

JM Jobe Family Foundation Inc's largest 2024 grantees include Leitchfild VFW ($10,000), Transplanting Traditions Community Farm ($7,000) and Delta Waterfowl Foundation ($5,391), according to its 2024 IRS Form 990-PF. Together they received 56% of its itemized 2024 grant dollars.

How large is JM Jobe Family Foundation Inc?

JM Jobe Family Foundation Inc reported $965K in total assets on its 2024 IRS Form 990-PF. It paid out $40K in qualifying distributions that year, against a required minimum of $44K (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 JM Jobe Family Foundation Inc's EIN?

JM Jobe Family Foundation Inc's EIN (Employer Identification Number) is 82-3569331. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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