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Nonprofit · EIN 04-3397818

TURNING LEAF FOUNDATION INC

Tax-exempt · NATICK, MA 01760

Financials

$345K$220K2023$3.9M$583K2024$794K$816K2025
Revenue Expenses · by fiscal year end
Financials of TURNING LEAF FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$794,400$815,733-$21,333$15,234,857$0$15,234,857
December 31, 2024990-PF$3,892,957$583,012$3,309,945$15,256,190$0$15,256,190
December 31, 2023990-PF$345,037$220,065$124,972$11,946,245$0$11,946,245
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$401,280
Dividends
$523,002
Interest
$1,972
Net gain from sales of assets
-$131,854

Expenses

Grants and similar amounts paid
$757,946
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$757,946
Excise tax on investment income
$7,200

Balance sheet and other

Total assets, start of year
$15,256,190
Total assets, end of year
$15,234,857
Total liabilities, end of year
$0
Net assets, end of year
$15,234,857
Fair market value of assets
$17,081,862
Qualifying distributions
$757,946
Net investment income
$524,974

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
MICHAEL J JACOBSON
16 HIGHLAND AVE, CAMBRIDGE, MA 02139
PRESIDENT, SECRETARY & DIR0$0
NANCY L JACOBSON
16 HIGHLAND AVE, CAMBRIDGE, MA 02139
TREASURER & DIRECTOR0$0
JOSEPH C JACOBSON
191 HANK DRIVE, APPLETON, WI 54915
DIRECTOR0$0
THOMAS M VAUBEL
626 ILLINOIS AVE, GREEN LAKE, WI 54941
DIRECTOR0$0
990-PF for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
MICHAEL J JACOBSON
16 HIGHLAND AVE, CAMBRIDGE, MA 02139
PRESIDENT, SECRETARY & DIR0$0
NANCY L JACOBSON
16 HIGHLAND AVE, CAMBRIDGE, MA 02139
TREASURER & DIRECTOR0$0
JOSEPH C JACOBSON
191 HANK DRIVE, APPLETON, WI 54915
DIRECTOR0$0
THOMAS M VAUBEL
626 ILLINOIS AVE, GREEN LAKE, WI 54941
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
MICHAEL J JACOBSON
16 HIGHLAND AVE, CAMBRIDGE, MA 02139
PRESIDENT, SECRETARY & DIR0$0
NANCY L JACOBSON
16 HIGHLAND AVE, CAMBRIDGE, MA 02139
TREASURER & DIRECTOR0$0
JOSEPH C JACOBSON
191 HANK DRIVE, APPLETON, WI 54915
DIRECTOR0$0
THOMAS M VAUBEL
626 ILLINOIS AVE, GREEN LAKE, WI 54941
DIRECTOR0$0

Address and contacts

Address (IRS master file)
190 NORTH MAIN STREET, NATICK, MA 01760-2057
In care of
% KAHN LITWIN RENZA & CO LTD
Signed the 990-PF
MICHAEL JACOBSON, PRESIDENT
Phone
(508) 545-8400
Return prepared by
SCHOFER DILLBERG & COMPANY INC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
04-3397818
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1998
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Education (B82Z)
Assets (IRS master file)
$15,234,857
Income (IRS master file)
$2,419,235

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$794,400$815,733$15,234,857IRS
990-PFDecember 2024$3,892,957$583,012$15,256,190IRS
990-PFDecember 2023$345,037$220,065$11,946,245XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3397818).

Questions about TURNING LEAF FOUNDATION INC

What is the EIN of TURNING LEAF FOUNDATION INC?
The employer identification number (EIN) of TURNING LEAF FOUNDATION INC is 04-3397818.
Is TURNING LEAF FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to TURNING LEAF FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does TURNING LEAF FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of TURNING LEAF FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TURNING LEAF FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of TURNING LEAF FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does TURNING LEAF FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $794,400, expenses of $815,733 and total assets of $15,234,857 at year end.

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