Nonprofit · EIN 27-0412575
BETTY V AND JOHN M JACOBSON FOUNDATION
Tax-exempt · AKRON, OH 44333
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $91,991 | $135,795 | -$43,804 | $848,974 | $563 | $848,411 |
| December 31, 2024 | 990-PF | $1,897 | $100,550 | -$98,653 | $892,331 | $116 | $892,215 |
| December 31, 2023 | 990-PF | $49,996 | $65,358 | -$15,362 | $990,868 | $0 | $990,868 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $27,672
- Interest
- $9
- Net gain from sales of assets
- $18,398
- Other income
- $45,912
Expenses
- Grants and similar amounts paid
- $119,145
- Disbursements for charitable purposes
- $121,719
- Excise tax on investment income
- $1,127
Balance sheet and other
- Total assets, start of year
- $892,331
- Total assets, end of year
- $848,974
- Total liabilities, end of year
- $563
- Net assets, end of year
- $848,411
- Fair market value of assets
- $986,832
- Qualifying distributions
- $121,719
- Net investment income
- $91,549
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Patrick J Weschler 3800 Embassy Parkway Suite 300, Akron, OH 44333 | President | 1 | $0 |
| Robert W Briggs 3800 Embassy Parkway Suite 300, Akron, OH 44333 | Chairman | 0.5 | $0 |
| Philip C Bradley 1098 Drummond Court, Stow, OH 44224 | Sec. & Treas. | 0.5 | $0 |
| Nancy Gotfredson 3800 Embassy Parkway Suite 300, Akron, OH 44333 | Trustee | 0.5 | $0 |
990-PF for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Patrick J Weschler 3800 Embassy Parkway Suite 300, Akron, OH 44333 | President | 1 | $0 |
| Robert W Briggs 3800 Embassy Parkway Suite 300, Akron, OH 44333 | Chairman | 0.5 | $0 |
| Philip C Bradley 1098 Drummond Court, Stow, OH 44224 | Sec. & Treas. | 0.5 | $0 |
| Nancy Gotfredson 3800 Embassy Parkway Suite 300, Akron, OH 44333 | Trustee | 0.5 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Patrick J Weschler 3800 Embassy Parkway Suite 300, Akron, OH 44333 | President | 1 | $0 |
| Robert W Briggs 3800 Embassy Parkway Suite 300, Akron, OH 44333 | Chairman | 0.5 | $0 |
| Philip C Bradley 1098 Drummond Court, Stow, OH 44224 | Sec. & Treas. | 0.5 | $0 |
| Nancy Gotfredson 3800 Embassy Parkway Suite 300, Akron, OH 44333 | Trustee | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- C/O PJ WESCHLER 3800 EMBASSY PARKWA, AKRON, OH 44333-0000
- In care of
- % PATRICK WESCHLER
- Signed the 990-PF
- PATRICK J WESCHLER, President
- Phone
- (330) 258-6410
- Return prepared by
- BUCKINGHAM DOOLITTLE and BURROUGHS
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 27-0412575
- 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
- 2012
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $848,974
- Income (IRS master file)
- $176,865
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $91,991 | $135,795 | $848,974 | IRS |
| 990-PF | December 2024 | $1,897 | $100,550 | $892,331 | IRS |
| 990-PF | December 2023 | $49,996 | $65,358 | $990,868 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 27-0412575).
Questions about BETTY V AND JOHN M JACOBSON FOUNDATION
- What is the EIN of BETTY V AND JOHN M JACOBSON FOUNDATION?
- The employer identification number (EIN) of BETTY V AND JOHN M JACOBSON FOUNDATION is 27-0412575.
- Is BETTY V AND JOHN M JACOBSON FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to BETTY V AND JOHN M JACOBSON FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does BETTY V AND JOHN M JACOBSON FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of BETTY V AND JOHN M JACOBSON FOUNDATION 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 BETTY V AND JOHN M JACOBSON FOUNDATION 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 BETTY V AND JOHN M JACOBSON FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does BETTY V AND JOHN M JACOBSON FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $91,991, expenses of $135,795 and total assets of $848,974 at year end.
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