Jacobs also serves the Bruins as an alternate governor on the NHL's board of governors, a position he has held since 2000. He is a board member of the New England Sports Network (NESN), and of Total Media Group in San Francisco, a company he formerly served as president and CEO.
He is involved in a number of philanthropic causes in the New England area. He was instrumental in the creation of the Boston Bruins Foundation, whose mission is to assist charitable organizations that demonstrate a strong commitment to enhancing the quality of life for children in the community. He currently is president of the foundation. He is also a member of the boards of directors for the Massachusetts Governor's Council for Health and Fitness, The Neely Foundation for Cancer Care, Ellis Memorial & Eldredge House, Inc., and The New England Sports Museum.
An avid sports fan, he is an accomplished equestrian and has served on the United States Equestrian Team. The graduate of Boston College also enjoys playing hockey in his spare time.
Jacobs and his wife, Kim, have a deep commitment to charitable endeavors and work with, among others, the Dana Farber Cancer Institute, Boston's Children's Hospital, Bridge Over Troubled Waters and the Cardinal Cushing School. They have three children.