The Charles E Jacobs Foundation is a private independent foundation established in October 1999 and granted tax-exempt status in March 2000. Based in Albany, Texas, the foundation was named for Charles Edwin "Chuck" Jacobs (1922-2015), a successful oilman and community leader. The foundation operates as a 501(c)(3) organization dedicated to supporting community projects, with a particular focus on local initiatives in Texas.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$16.5M
-2.0% YoY
Annual Giving
$1.1M
-5.7% YoY
Grant Count
32
+18.5% YoY
Avg Grant Size
$35K
-20.5% YoY
Mission & Focus Areas
The foundation has not provided a formal mission statement. However, its funding priorities center on:
- Education
- Health Care
- Community Development
- Arts and Culture
The foundation consistently dedicates over 99% of its expenses to charitable purposes.
Grantmaking
The foundation does not have a publicly available application process. It operates as a private family foundation, with grants awarded at the discretion of the board of trustees based on their knowledge of community needs and organizational relationships. The foundation does not maintain a publicly available website or email address.
Grant Range
Range:**
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Texas, with particular emphasis on Albany and surrounding areas.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $16,490,668
- Total Revenue: $783,599
- Total Expenses: $1,124,635
- Total Liabilities: $0
Revenue Breakdown (2024):
- Investment Income and Dividends: $745,725
- Net Gain from Sale of Non-Inventory Assets: $37,874
- Total Grants and Contributions: $0
As of December 2023:
- Total Assets: (not specified in sources)
- Total Revenue: $31,997
- Total Expenses: (not specified in sources)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $16,490,668 | $16,831,704 | $17,990,221 |
| Revenue | $783,599 | $31,997 | $4,604,976 |
| Expenses | $1,124,635 | $1,190,514 | $1,562,186 |
| Qualifying Distributions | $1,116,600 | $1,184,500 | $1,501,250 |
| Net Investment Income | $775,564 | $497,661 | $2,894,836 |
| Distributable Amount | $921,124 | $892,467 | $1,098,843 |
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
103 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
- Glenn A Picquet - President (joined forces with C.E. Jacobs in 1975 and managed their joint portfolio from 1986 onwards)
- Marcia Carol Brewer Jacobs - Secretary
- Dan Neff - Vice President/Treasurer
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GLENN A PICQUET | PRESIDENT | 1 | — |
| MARCIA CAROL BREWER JACOBS | SECRETARY | 0.5 | — |
| DAN NEFF | VP/TREASURER | 0.5 | — |
Contact Information
Mailing Address: PO Box 2770 Albany, TX 76430-8037
Phone: 347-762-3917
Subject Areas
Focus areas based on grantmaking activity
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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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