Lee Ann and Melvin H Jacobs Foundation
The Lee Ann and Melvin H Jacobs Foundation is a private foundation based in Chicago, Illinois. Established in 1958, it operates as a 501(c)(3) organization and maintains tax-exempt status. The foundation is structured as an independent foundation focused on grantmaking activities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$342K
+1.9% YoY
Grant Count
54
+0.0% YoY
Avg Grant Size
$6K
+1.9% YoY
Mission & Focus Areas
The foundation does not maintain a publicly stated mission statement. However, based on its grantmaking patterns, the foundation supports organizations in the following areas:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
The foundation made 43 grants totaling $342,275 in its most recent fiscal year. Notable recent grants include:
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking is concentrated in three primary states:
- California
- Illinois
- Virginia
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending May 2024:
- Total Assets: $7,009,465
- Total Revenues: $444,010
- Total Expenses: $373,266
- Total Liabilities: $0
- Total Giving: $342,275
Revenue Composition (FY 2024):
- Grants and Contributions: $30,000
- Investment Income and Dividends: $312,363
Year-over-Year Changes (FY 2024 vs. FY 2023):
- Grants and contributions decreased 40% (from $50,000 to $30,000)
- Investment income increased 15.4% (from $270,787 to $312,363)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
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
186 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Lisa Nemeroff is listed as a contact person for the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LISA NEMEROFF | DIRECTOR, MANAGING | 12 | — |
Contact Information
Address: 129 E Bellevue Pl Apt 1005, Chicago, IL 60611-5308
Telephone: 312-543-5108
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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