Overview

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Est.

2011

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Jacobs Memorial Foundation Inc, identified by EIN 30-0704409, is a nonprofit organization dedicated to charitable, religious, educational, and scientific purposes, with a specific focus on providing scholarships and financial aid in the education sector. For the filing year 2024, the foundation operates with a budget of $20.6K and reported total revenue of $46.5K, with a significant portion of its funding coming from an unidentified source amounting to $63.1K, indicating a reliance on a single funder for over 50% of its revenue.

Mission Statement

ORGANIZATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, EDUCATIONAL, AND SCIENTIFIC PURPOSES, INCLUDING, FOR SUCH OTHER RELATED CHARITABLE PURPOSES.
Revenues
$46.5K
Expenses
$20.6K
Net Income:
+$25.9K
Assets
$32.1K
Liabilities
$0
Net Assets:
+$32.1K
Operating Budget
$20.6K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$100
Largest grant received
$100
S
Sebastian Ugochukwu
Board Member

Frequently Asked Questions

What is JACOBS MEMORIAL FOUNDATION INC’s budget?
In 2024, JACOBS MEMORIAL FOUNDATION INC reported an annual operating budget of around $21 thousand. More detailed financial information is available to registered users.
What causes does JACOBS MEMORIAL FOUNDATION INC support?
JACOBS MEMORIAL FOUNDATION INC supports work in Education and Scholarships & Financial Aid.
Where does JACOBS MEMORIAL FOUNDATION INC operate?
JACOBS MEMORIAL FOUNDATION INC is headquartered in Billerica, MA.
Who funded JACOBS MEMORIAL FOUNDATION INC recently?
In 2019, JACOBS MEMORIAL FOUNDATION INC received grants from WOLF & COMPANY CHARITABLE FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant JACOBS MEMORIAL FOUNDATION INC received in 2019?
The largest grant to JACOBS MEMORIAL FOUNDATION INC in 2019 exceeds <$1,000.