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Nonprofit · EIN 87-0661833

THE ERIC T AND ELIZABETH C JACOBSEN FOUNDATION

Tax-exempt · PARK CITY, UT 84060

Financials

−$448K$281K2023−$26K$279K2024
Revenue Expenses · by fiscal year end
Financials of THE ERIC T AND ELIZABETH C JACOBSEN FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF-$25,916$279,135-$305,051$3,757,107$0$3,757,107
December 31, 2023990-PF-$448,237$281,407-$729,644$3,953,444$0$3,953,444
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$56,380
Net gain from sales of assets
-$52,836
Other income
-$29,460

Expenses

Grants and similar amounts paid
$97,450
Disbursements for charitable purposes
$184,221

Balance sheet and other

Total assets, start of year
$3,953,444
Total assets, end of year
$3,757,107
Total liabilities, end of year
$0
Net assets, end of year
$3,757,107
Fair market value of assets
$3,757,107
Qualifying distributions
$184,221
Net investment income
$22,389

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, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Laura Jacobsen
PO Box 784, Park City, UT 84060
Executive Dir
Highest-paid employee
20$55,000$8,713
Elizabeth C Jacobsen
PO Box 784, Park City, UT 84060
Trustee1$0–
Eric T Jacobsen
PO Box 784, Park City, UT 84060
Trustee1$0–
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
Elizabeth C Jacobsen
PO Box 784, Park City, UT 84060
Trustee1$0
Eric T Jacobsen
PO Box 784, Park City, UT 84060
Trustee1$0

Address and contacts

Address (IRS master file)
PO BOX 784, PARK CITY, UT 84060-0771
In care of
% FOUNDATION SOURCE
Signed the 990-PF
Eric T Jacobsen, Trustee
Phone
(435) 640-9585
Return prepared by
Fontanello Duffield & Otake LLP

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, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
87-0661833
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
2000
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$3,757,107
Income (IRS master file)
$515,320

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024-$25,916$279,135$3,757,107XML
990-TDecember 2024–––IRS
990-PFDecember 2023-$448,237$281,407$3,953,444XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––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 87-0661833).

Questions about THE ERIC T AND ELIZABETH C JACOBSEN FOUNDATION

What is the EIN of THE ERIC T AND ELIZABETH C JACOBSEN FOUNDATION?
The employer identification number (EIN) of THE ERIC T AND ELIZABETH C JACOBSEN FOUNDATION is 87-0661833.
Is THE ERIC T AND ELIZABETH C JACOBSEN FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to THE ERIC T AND ELIZABETH C JACOBSEN FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE ERIC T AND ELIZABETH C JACOBSEN FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of THE ERIC T AND ELIZABETH C JACOBSEN FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE ERIC T AND ELIZABETH C JACOBSEN FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of THE ERIC T AND ELIZABETH C JACOBSEN FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 3 people; 1 received compensation from the organization, the highest $55,000 (Laura Jacobsen, Executive Dir).
How much revenue does THE ERIC T AND ELIZABETH C JACOBSEN FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of -$25,916, expenses of $279,135 and total assets of $3,757,107 at year end.

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