Mr. Timothy Edgar Jacobs, 66, of Pendleton, passed away at Methodist Hospital on Oct. 18, 2015. Mr. Jacobs was born on Oct. 31, 1948, in Indianapolis. He was the first child of William and Lois Jane Jacobs. He attended Washington High School, where he won the Indiana State Debate Award and a full academic scholarship.
He received a BA from Wabash College and a MBA from Indiana University. Following his discharge from the Army National Guard, Mr. Jacobs was employed by American States Insurance Co., and became their youngest Vice President. In 1991, he formed a consortium of investors and travelled to the Ukraine to establish a reinsurance company following the fall of the Berlin Wall. He lived in Kiev and Luxemburg until 1996 when he returned to the U.S. and settled in Bloomington, where he taught in the School of Business at Indiana University. In 1997 Mr. Jacobs founded an E-Book Publishing Company, 1st Books, which he sold in 2002. In 2010, he retired to Pendleton to be close to family. Mr. Jacobs was heavily involved in the establishment of the Pendleton Artists Society and devoted much time and energy in the acquisition and remodeling of the PAS Gallery 119 in Pendleton.
Mr. Jacobs was a member of Phi Kappa Psi Fraternity, St. Thomas Catholic Church, Pendleton Artists Society, American Legion, Pendleton Lions Club, Sons of the American Revolution, and the Society of Indiana Pioneers.
He is survived by his wife, Carol; son Brian (Susan) Jacobs, M.D. of Pendleton; daughter, Jessica (Jeremy) Tuttle of Bedford.; brothers, Rick (Karen) Jacobs of Alabaster, Ala. and Thomas (Dana) Jacobs of Indianapolis and a sister, Rebecca (George) Hardman of New Milford, Conn. There are five grandchildren, Abby and Darcey Jacobs, Xavier, Cherish and Preston Tuttle.
A memorial mass and service for Mr. Jacobs will be held at 11 a.m. on Oct. 31,2015, at St. Thomas Catholic Church in Fortville, IN, with a reception and luncheon to follow.
In lieu of flowers the family is requesting that donations be made to the Pendleton Artists Society, 119 W. State Street in Pendleton or to the Ben Jackson Fund, Jewish Hospital, Oncology Hematology Center, 4725 E. Galbraith Rd, Suite 320, Cincinnati, OH 45236. This fund serves to provide financial assistance to patients undergoing bone transplants.
Arrangements were entrusted to Wilson St. Pierre Funeral Service & Crematory, Lahm Chapel. www.wilsonstpierre.com