Kenneth and Mary Lee Jacobs Charitable Trust

Private foundation · Grantmaker Milwaukee, WI EIN: 39-6564554
N/A

Kenneth and Mary Lee Jacobs Charitable Trust is a private foundation focused on N/A, based in Milwaukee, WI. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $163K in total assets. In 2025, it awarded 9 grants totaling $120K. Net investment income was $39K.

Key facts about Kenneth and Mary Lee Jacobs Charitable Trust

In short: Kenneth and Mary Lee Jacobs Charitable Trust gave $120K across 9 grants in 2025 (avg $13K), top state Massachusetts. Source: 2025 IRS Form 990-PF.

EIN
39-6564554
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$120,000
Grants made (2025)
9
Average grant
$13,333
Median grant
$7,500
Total assets
$163,163
Primary geography
Massachusetts (48% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$163K

-33.8% YoY

Annual Giving

$120K

-14.3% YoY

Grant Count

9

+800.0% YoY

Avg Grant Size

$13K

-90.5% YoY

Under IRS private-foundation payout rules, Kenneth and Mary Lee Jacobs Charitable Trust reported a distributable amount of $14K for 2025 — the minimum it must pay out in qualifying distributions.

How Kenneth and Mary Lee Jacobs Charitable Trust gives

  • Giving grew 567% from 2022 to 2025. Method
  • In 2025 it paid out 868% of its IRS minimum distribution (the 5% rule). 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

5states

Share of 2025 grant dollars across all 9 itemized grants.

Cities

BaysideBostonCathedral CityLos AngelesMilwaukeeNew YorkPalm SpringsRiver HillsSt. Louis

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 9 grants2025

From 2020 to 2025, annual grant giving ranged from $18K (2020) to $140K (2024). In 2025 it made 9 grants totaling $120K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2025

Fidelity Charitable: $58KFidelity Charitable$58KBreakthrough T1D: $10KBreakthrough T1D$10KSchlitz Audubon Nature Center: $10KSchlitz Audubon Nature Center$10KUniversity School of Milwaukee: $10KUniversity School of Milwaukee$10KBraille Institute of America: $8KBraille Institute of America$8KCathedral City Community Center: $8KCathedral City CommunityCenter$8KFriends of CV Link: $8KFriends of CV Link$8KLighthouse for the Blind: $8KLighthouse for the Blind$8KSt Christopher's Episcopal Church: $2KSt Christopher's EpiscopalChurch$2K

The largest 2025 recipient was Fidelity Charitable ($58K). Together the top 9 received $120K.

Grant Size Distribution

13 grants across all recorded years

10<$50K1$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 10 grants of 13 (77%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Fidelity Charitable Boston, MAGrant to housiaux family fund [$28,000] and grant to kwj123 gift fund [$30,000] see statement re gifts to donor advised funds$58,000
Breakthrough T1D New York, NYUnrestriced Grant$10,000
Schlitz Audubon Nature Center Bayside, WIUnrestricted Grant$10,000
University School of Milwaukee Milwaukee, WIGrant for Special Education Department$10,000
Braille Institute of America Los Angeles, CAGrant for Coachella Valley Center$7,500
Cathedral City Community Center Cathedral City, CAUnrestricted Grant$7,500
Friends of CV Link Palm Springs, CAUnrestricted Grant$7,500
Lighthouse for the Blind St. Louis, MOGrant for Enchanted Hills Camp$7,500
St Christopher's Episcopal Church River Hills, WIGrant to Stewardship Campaign$2,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$163,163$246,352$360,222
Revenue$40,561$30,996$27,323
Expenses$123,750$144,865$104,750
Qualifying Distributions$121,871$142,396$102,559
Net Investment Income$39,161$29,057$25,132
Distributable Amount$14,038$20,803$23,372

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 27, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 23, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 26, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS June 27, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 1, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS April 25, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Kenneth and Mary Lee Jacobs Charitable Trust is led by See Attachment, Trustee on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2025 filing

  • See Attachment

    Trustee

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "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 Kenneth and Mary Lee Jacobs Charitable Trust

How much does Kenneth and Mary Lee Jacobs Charitable Trust give each year?

Kenneth and Mary Lee Jacobs Charitable Trust gave $120K across 9 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $140K across 1 grant.

What is Kenneth and Mary Lee Jacobs Charitable Trust's typical grant size?

Kenneth and Mary Lee Jacobs Charitable Trust's median grant in 2025 was $7,500, and its average grant was $13,333, across 9 grants on its 2025 IRS Form 990-PF.

Where does Kenneth and Mary Lee Jacobs Charitable Trust give grants?

Kenneth and Mary Lee Jacobs Charitable Trust's top state is Massachusetts, with 48% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were California (19%) and Wisconsin (18%).

Does Kenneth and Mary Lee Jacobs Charitable Trust give general operating support?

Yes: 33% of Kenneth and Mary Lee Jacobs Charitable Trust's 2025 grants with a stated purpose (3 of 9) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Kenneth and Mary Lee Jacobs Charitable Trust's largest grantees?

Kenneth and Mary Lee Jacobs Charitable Trust's largest 2025 grantees include Fidelity Charitable ($58,000), Breakthrough T1D ($10,000) and Schlitz Audubon Nature Center ($10,000), according to its 2025 IRS Form 990-PF. Together they received 65% of its itemized 2025 grant dollars.

How large is Kenneth and Mary Lee Jacobs Charitable Trust?

Kenneth and Mary Lee Jacobs Charitable Trust reported $163K in total assets on its 2025 IRS Form 990-PF. It paid out $122K in qualifying distributions that year, against a required minimum of $14K (roughly 5% of its investment assets).

What is Kenneth and Mary Lee Jacobs Charitable Trust?

Kenneth and Mary Lee Jacobs Charitable Trust is a private foundation focused on N/A, based in Milwaukee, WI. It holds $163K in total assets as of 2025.

What is Kenneth and Mary Lee Jacobs Charitable Trust's EIN?

Kenneth and Mary Lee Jacobs Charitable Trust's EIN (Employer Identification Number) is 39-6564554. IRS Form 990 filing data is available on this page for 2020–2025.

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

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