LC & Margaret Jacobson Memorial Found

PARADISE VALLEY, AZ EIN: 32-0349775

LC & Margaret Jacobson Memorial Found is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PARADISE VALLEY, AZ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $364K in total assets. In 2024, it awarded 12 grants totaling $19K. Net investment income was $17K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$364K

-0.6% YoY

Annual Giving

$19K

+0.1% YoY

Grant Count

12

+9.1% YoY

Avg Grant Size

$2K

-8.2% YoY

Under IRS private-foundation payout rules, LC & Margaret Jacobson Memorial Found reported a distributable amount of $20K for 2024 — the minimum it must pay out in qualifying distributions.

About LC & Margaret Jacobson Memorial Found

Based on IRS filings

LC & Margaret Jacobson Memorial Found is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PARADISE VALLEY, AZ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $364K in total assets. In 2024, it awarded 12 grants totaling $19K. Net investment income was $17K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

AtlantaMemphisParadise ValleyPhoenixStaten IslandTopekaYorktownYorktown Heights

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K$80K20202021202220232024
Metric202420232022
Total Assets$363,690$366,043$385,692
Revenue$19,239$-1,029$6,758
Expenses$21,605$21,302$23,850
Qualifying Distributions$19,000$18,975$20,010
Net Investment Income$16,739$7,113$5,501
Distributable Amount$20,412$18,210$18,975

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K7 grants20207 grants202111 grants202211 grants202312 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ST MARYS FOOD BANK$3KST VINCENT DE PAUL SOCIETY$3KTHE SALVATION ARMY$3KGUIDING EYES FOR THE BLIND$2KWOUNDED WARRIOR PROJECT$2KTUNNEL TO TOWERS$2KALSACST JUDE CHILDRENS H…$1KCOVENANT HOUSE$1KFRIENDS OF ARIZONA PBS$1KHOSPICE OF THE VALLEY$1K

Grant Size Distribution

48 grants across all recorded years

48<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include St Marys Food Bank ($2,500), St Vincent De Paul Society ($2,500), The Salvation Army ($2,500).

RecipientPurposeAmount
ALSACST JUDE CHILDRENS HOSPITAL MEMPHIS, TNHELP FOR THE SICK$1,000
COVENANT HOUSE TOPEKA, KSHELP FOR YOUTH$1,000
FRIENDS OF ARIZONA PBS PHOENIX, AZSUPPORT PUBLIC BROADCASTING$1,000
GUIDING EYES FOR THE BLIND YORKTOWN, NYHELP FOR THE BLIND$2,000
HOSPICE OF THE VALLEY PHOENIX, AZHELP FOR THE SICK$1,000
SHRINERS HOSPITALS FOR CHILDREN ATLANTA, GAHELP FOR THE SICK$1,000
ST MARYS FOOD BANK PHOENIX, AZFEED THE HUNGRY$2,500
ST VINCENT DE PAUL SOCIETY PHOENIX, AZFEED THE HUNGRY$2,500
THE SALVATION ARMY PHOENIX, AZHELP FOR THE POOR$2,500
VALLEY VIEW BIBLE CHURCH PARADISE VALLEY, AZSUPPORT FOR RELIGIOUS ORGANIZATION$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
AMY JO GOTTFURCHTChairman
HARRY ROSENZWEIG JRPresident
KAY F GEROLDSecretary
RONALD F JACOBSONDirector
JAY KEE JACOBSONDirector

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is LC & Margaret Jacobson Memorial Found?

LC & Margaret Jacobson Memorial Found is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PARADISE VALLEY, AZ. It holds $364K in total assets as of 2024.

How large is LC & Margaret Jacobson Memorial Found?

As of 2024, LC & Margaret Jacobson Memorial Found holds $364K in total assets with $19K in annual revenue. It awarded 12 grants totaling $19K in 2024.

Where does LC & Margaret Jacobson Memorial Found operate?

LC & Margaret Jacobson Memorial Found has awarded grants in Arizona, Georgia, Kansas, New York, Tennessee.

What size grants does LC & Margaret Jacobson Memorial Found award?

In 2024, LC & Margaret Jacobson Memorial Found awarded 12 grants totaling $19K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is LC & Margaret Jacobson Memorial Found required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, LC & Margaret Jacobson Memorial Found reported a distributable amount of $20K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is LC & Margaret Jacobson Memorial Found's EIN?

LC & Margaret Jacobson Memorial Found's EIN (Employer Identification Number) is 32-0349775. IRS Form 990 filing data is available on this page for 2020–2024.

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

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