Private foundation · Des Moines, IA

Richard O Jacobson Foundation

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Typical grant size
$33K $250K $1.1M
25th · median · 75th percentile
Unique recipients
15
Repeat grantees
6
funded 2+ years

Application procedures · from 2023 990-PF

DeadlinesNONE
ContactDoug Den Adel · 5154901617
MaterialsANY FORM
RestrictionsQUALIFIED INSTITUTIONS UNDER SECTION 170 OF THE CODE

Leadership · from 2023 990-PF

Bruce L Rastetter
CHAIRMAN & CEO
Carlton T King
VICE PRESIDENT
Mark N Larson
TREASURER
Will J Hoekman
SECRETARY
Doug Den Adel
PRESIDENT & COO
Richard O Jacobson
PRESIDENT

Source: IRS Form 990-PF, Part VII. Officers, directors, and trustees as reported by the foundation.

Payout rate · TY 2023
0.6%
grants paid ÷ assets · ~5% IRS minimum
'16
'17
'18
'19
'20
'21
'22
'23
60
Total grants awarded
$72.5M
Total amount
$1.2M
Average grant
$8.0M
Largest grant

Giving by year

2023
$370K
3 grants
2022
$4.2M
3 grants
2021
$8.9M
5 grants
2020
$2.5M
5 grants
2019
$8.8M
9 grants
2018
$28.3M
10 grants
2017
$14.4M
11 grants
2016
$4.2M
7 grants
2015
$849K
6 grants
2013
$2K
1 grants

Top recipients

2 grants · IA · ✓ Exact match
$13.0M
Iowa State Fair Blue Ribbon Foundation
4 grants · IA
$12.7M
University of Iowa Foundation
2 grants · IA
$7.0M
Pinellas Education Foundation
5 grants · FL
$6.4M
Moffitt Cancer Center Foundation
2 grants · FL
$6.1M
1 grant · IA · ≈ likely match
$5.3M
1 grant · IA · ✓ Exact match
$4.5M
6 grants · MN · ≈ likely match
$2.7M
Clearwater Marine Acquarium
1 grant · FL
$2.5M
1 grant · FL · ✓ Exact match
$2.5M

Recipient names are as reported on the 990-PF. ✓ Exact match = EIN matched to IRS records by exact name + state; ≈ likely match = EIN inferred from a closely similar name. The recipient EIN is never stated on the form — it is DoubleNine’s match.

Recent grants · most recent filings first

Chapel By the Sea
Contribution
FL · TY 2023
$260K
Pinellas Education Foundation
Contribution
FL · TY 2023
$100K
Scholarship America
Contribution
MN · TY 2023
$10K
Iowa State Fair Blue Ribbon Foundation
Contribution
IA · TY 2022
$4.0M
Scholarship America
Contribution
MN · TY 2022
$208K
Blank Park Zoo
Contribution
IA · TY 2022
$10K
University of Iowa Foundation
Contribution
IA · TY 2021
$5.0M
Iowa State Fair Blue Ribbon Foundation
Contribution
IA · TY 2021
$2.5M
Build a Better Belmond
Contribution
IA · TY 2021
$800K
Scholarship America
Contribution
MN · TY 2021
$407K
Pinellas Education Foundation
Contribution
FL · TY 2021
$150K
Trinity Lutheran Church
Contribution
IA · TY 2020
$1.4M
Scholarship America
Contribution
MN · TY 2020
$643K
Chapel By the Sea
Contribution
FL · TY 2020
$245K
Build a Better Belmond
Contribution
IA · TY 2020
$200K
World Food Prize
Contribution
IA · TY 2020
$1K
The Iowa State University Foundation
Contribution
IA · TY 2019
$5.0M
University of Iowa Foundation
Contribution
IA · TY 2019
$2.0M
Scholarship America
Contribution
MN · TY 2019
$918K
Trinity Lutheran Church
Contribution
IA · TY 2019
$654K
Every Step Foundation
Contribution
IA · TY 2019
$100K
YMCA
Contribution
IA · TY 2019
$50K
Variety - the Children's Charity
Contribution
IA · TY 2019
$20K
Iowa State Fair Blue Ribbon Foundation
Contribution
IA · TY 2019
$12K
Belmond Klemme Community School District
Contribution
IA · TY 2019
$7K
The Iowa State University Foundation
Contribution
IA · TY 2018
$8.0M
Iowa State Fair Blue Ribbon Foundation
Contribution
IA · TY 2018
$6.2M
Community Foundation of Greater Des Moines
Contribution
IA · TY 2018
$5.3M
State University of Iowa Foundation
Contribution
IA · TY 2018
$4.5M
Creative Pinellas
Contribution
FL · TY 2018
$2.5M
Youth and Shelter Services Inc
Contribution
IA · TY 2018
$1.0M
Scholarship America
Contribution
MN · TY 2018
$553K
Boys and Girls Club of Central Iowa
Contribution
IA · TY 2018
$250K
Belmond Klemme Community School District
Contribution
IA · TY 2018
$15K
Chapel By the Sea
Contribution
FL · TY 2018
$1K
Moffitt Cancer Center Foundation
CONTRIBUTION
FL · TY 2017
$5.0M
Pinellas Education Foundation
CONTRIBUTION
FL · TY 2017
$5.0M
Clearwater Marine Acquarium
CONTRIBUTION
FL · TY 2017
$2.5M
Community Foundation of Greater Dsm Orchard Place
CONTRIBUTION
IA · TY 2017
$500K
Morgan Stanley Fund for Children & Families of Ia
CONTRIBUTION
IA · TY 2017
$500K
Youth Holmes of Mid America
CONTRIBUTION
IA · TY 2017
$250K
Community Foundation of Greater Des Moines Variety
CONTRIBUTION
IA · TY 2017
$250K
Community Foundation of Greater Dsm Junior Achiev
CONTRIBUTION
IA · TY 2017
$250K
Youth Holmes of Mid America
CONTRIBUTION
IA · TY 2017
$100K
Clearwater for Youth
CONTRIBUTION
FL · TY 2017
$10K
Variety Club
CONTRIBUTION
IA · TY 2017
$500
Pinellas Education Foundation
CONTRIBUTION
FL · TY 2016
$1.1M
Moffitt Cancer Center Foundation
CONTRIBUTION
FL · TY 2016
$1.1M
Iowa State Blue Ribbon Foundation
CONTRIBUTION
IA · TY 2016
$1.0M
Clearwater Marine Aquarium
CONTRIBUTION
FL · TY 2016
$500K

Source: IRS Form 990-PF, Part XV. Up to 50 most recent grants shown.