Lee Ann and Melvin H Jacobs Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Lee Ann and Melvin H Jacobs Foundation is a 501(c)(3) organization based in Chicago, Illinois, registered in 1958, with $410,329 in FY2024 revenue. CharityIndex grades it C+.
129 E Bellevue Pl Apt 1005, Chicago, IL, 60611 EIN 36-6080570 Since 1958
Revenue (FY2024)
$410K
▼ 7.6% vs prior year
Expenses (FY2024)
$414K
Net assets
$7.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Lee Ann and Melvin H Jacobs Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating203 mo reserves · -1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Lee Ann and Melvin H Jacobs Foundation: 203 mo reserves · -1% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Lee Ann and Melvin H Jacobs Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Lee Ann and Melvin H Jacobs Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $6,778 (FY2013) to $410K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $7.0M
Operating margin
-1.0%
Spent more than it raised in the latest fiscal year.
Total assets
$7.0M
Total liabilities
$0
Net assets
$7.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $410,329▼7.6% | $414,386▲11.0% | $7,005,408▼0.1% | $7,005,408▼0.1% | 990PF |
| 2023 | $444,010▲21.9% | $373,266▼2.3% | $7,009,465▲1.0% | $7,009,465▲1.0% | 990PF |
| 2022 | $364,103▼55.9% | $381,920▼9.5% | $6,938,721▼0.3% | $6,938,721▼0.3% | 990PF |
| 2021 | $825,885▲51.8% | $421,815▲11.9% | $6,956,538▲6.2% | $6,956,538▲6.2% | 990PF |
| 2020 | $544,040▼10.8% | $376,877▲1320% | $6,552,468▲752% | $6,552,769▲752% | 990PF |
| 2015 | $609,593▲5918% | $26,549▲124% | $769,454▲313% | $769,454▲313% | 990PF |
| 2014 | $10,130▲49.5% | $11,858▲27.2% | $186,411▼1.0% | $186,411▼1.0% | 990PF |
| 2013 | $6,778 | $9,325 | $188,240 | $188,240 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Lee Ann and Melvin H Jacobs Foundation a legitimate nonprofit?
- Yes. Lee Ann and Melvin H Jacobs Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-6080570, based in Chicago, Illinois. Donations are tax-deductible.
- What is Lee Ann and Melvin H Jacobs Foundation's EIN?
- Lee Ann and Melvin H Jacobs Foundation's Employer Identification Number (EIN) is 36-6080570.
- How much revenue does Lee Ann and Melvin H Jacobs Foundation report?
- Lee Ann and Melvin H Jacobs Foundation reported $410,329 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Lee Ann and Melvin H Jacobs Foundation have?
- CharityIndex grades Lee Ann and Melvin H Jacobs Foundation C+, based on financial health (reserves and operating margin).
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Data for Lee Ann and Melvin H Jacobs Foundation (EIN 36-6080570) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.