Herb and Maxine Jacobs Foundation Inc
Preselected recipients only
Herb and Maxine Jacobs Foundation Inc is a private foundation in Boston, Massachusetts. In tax year 2024 it gave $1.4 million in 12 grants; the typical grant was $110,000 and the largest $250,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$1.4 million
- Number of grants12
- Typical grant$110,000
- Largest grant$250,000
- Assets$33.4 million
- New grantees8%
Giving in 2024 was up from $1.3 million the year before.
8% of its 2024 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $1.3 million | 14 | $31.6 million |
| 2024 | $1.4 million | 12 | $33.4 million |
How to apply
Herb and Maxine Jacobs Foundation Inc says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Herb and Maxine Jacobs Foundation Inc funds
Where it gives
Its grants went to recipients in 3 states, the most to Massachusetts.
| State | Grants | Amount |
|---|---|---|
| Massachusetts | 10 | $1.2 million |
| Nebraska | 1 | $165,000 |
| Texas | 1 | $25,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Bunker Hill Community College Foundaiton | Expansion of the learn & | $250,000 |
| Cambridge Housing Foundation | General | $245,000 |
| Northeastern University | General | $180,000 |
| Truckee Meadows Community College Founda | General | $165,000 |
| Massbay Foundation | Information techonology | $150,000 |
| Jewish Family Service of Metrowest | General | $125,000 |
| Hack Diversity Inc | General support | $95,000 |
| Cambridge Community Learning Center | General | $62,175 |
| Alray Taylor Secondchance | General | $60,000 |
| Cambridge Community Foundation | General | $25,000 |
| Civic Heart Community Services | General | $25,000 |
| Steps to Success | For student support fund | $15,000 |
Officers and trustees
- Jill Jacobs
- Carl Whittaker
- Deborah S Kay
Questions people ask
Does Herb and Maxine Jacobs Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Herb and Maxine Jacobs Foundation Inc give?
$1.4 million in tax year 2024, across 12 grants, with a typical grant of $110,000.
Who runs Herb and Maxine Jacobs Foundation Inc?
Its 2024 filing lists Jill Jacobs (Pres, Sec & Dir.), Carl Whittaker (VP, Treas. & Dir.) and Deborah S Kay (Director).
What does Herb and Maxine Jacobs Foundation Inc fund?
Based on its grants, mainly education and community development.