The Jackes Foundation
The Jackes Foundation is a private foundation, based in Clayton, MO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 1 grant totaling $136K. Net investment income was $178K.
The Jackes Foundation at a glance
In short: The Jackes Foundation gave $136K across 1 grant in 2024 (avg $136K), mostly in Missouri. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $135,500
- +6.0% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $135,500
- +6.0% vs 2023
- Median grant
- $135,500
- Total assets
- $1,929,418
- +1.6% vs 2023
- Primary geography
- Missouri (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who The Jackes Foundation funds
How this funder distributes its grants
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $100–250K range: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How The Jackes Foundation gives
- Giving held roughly steady from 2021 to 2024 (−4%). Method
- In 2024 it paid out 98% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $128K (2023) to $154K (2020). In 2024 it made 1 grant totaling $136K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| See Statement B Clayton, MO | General Purpose | $135,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,929,418 | $198,821 | $169,567 | $135,500 | 1 | $148,657 | $177,909 | $152,089 |
| 2023 | $1,898,715 | $70,676 | $159,043 | $127,850 | 1 | $139,199 | $50,832 | $135,505 |
| 2022 | $1,987,498 | $54,792 | $176,145 | $139,800 | 1 | $150,988 | $35,593 | $138,137 |
| 2021 | $2,108,825 | $348,502 | $176,874 | $141,850 | 1 | $154,247 | $328,675 | $148,489 |
| 2020 | $1,936,855 | $187,661 | $183,650 | $153,850 | 1 | — | $169,166 | $128,530 |
Under IRS private-foundation payout rules, The Jackes Foundation reported a distributable amount of $152K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Jackes Foundation's 2024 filing lists 3 officers; all 3 officers listed in 2024 are compensated.
Officers on the 2024 filing
Alexander M. Cornwell III
Trustee
On filings since 2020
3 hrs/week
$3K (2020) → $4K (2024)
F. Scott Galt
Trustee
On filings since 2020
3 hrs/week
$3K (2020) → $4K (2024)
Martin E. Galt III
Trustee
On filings since 2020
3 hrs/week
$3K (2020) → $4K (2024)
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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $4K, to Alexander M Cornwell III (Trustee). 3 officers or directors reported compensation on that filing.
Frequently asked questions about The Jackes Foundation
How much does The Jackes Foundation give each year?
The Jackes Foundation gave $136K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $128K across 1 grant.
How large is The Jackes Foundation?
The Jackes Foundation reported $1.9M in total assets on its 2024 IRS Form 990-PF. It paid out $149K in qualifying distributions that year, against a required minimum of $152K (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.
Where does The Jackes Foundation operate?
The Jackes Foundation has awarded grants in Missouri.
What is The Jackes Foundation's EIN?
The Jackes Foundation's EIN (Employer Identification Number) is 43-6074447. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS June 23, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS June 8, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
- IRS filings on file for fiscal years 2020–2024
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