Klingenstein Foundation
- Assets
- $0.0
- Revenue
- $92.9k
- Investments
- $1.7m
- Employees
- 0
- Location
- New Canaan, CT
- Founding
- 06/1968
- Data as of
- 12/2020
- EIN
- 13-6077894
Organization Overview
Klingenstein Foundation is located in New Canaan, CT. The organization was established in 1968. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Klingenstein Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Klingenstein Foundation generated $92.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 21.3% each year . All expenses for the organization totaled $156.2k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Klingenstein Foundation has awarded 102 individual grants totaling $465,278. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joanne K Ziesing President/director | 1 | $0 | |
Peter Ziesing Treasurer/director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $41 |
| Dividends & Interest | $24,860 |
| Profit on Inventory Sales | $0 |
| Other Income | -$23,076 |
| Total Revenue | $92,855 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $12,146 |
| Contributions, gifts, grants paid | $144,100 |
| Total expenses and disbursements | $156,246 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $94,502 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,745,944 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Klingenstein Foundation has awarded $144,100 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
SCHWAB CHARITABLE FUND PURPOSE: GENERAL SUPPORT | $100,000 |
COMMUNITY FUNDS INC PURPOSE: GENERAL SUPPORT | $25,000 |
THE TAFT SCHOOL ALUMNI FUND PURPOSE: GENERAL SUPPORT | $10,000 |
Valhalla, NY PURPOSE: GENERAL SUPPORT | $2,500 |
White Plains, NY PURPOSE: GENERAL SUPPORT | $1,500 |
PLANNED PARENTHOOD PURPOSE: GENERAL SUPPORT | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Druckenmiller Foundation New York, NY | $1,579,806,367 | $402,828,458 |
Rockefeller Brothers Fund Inc New York, NY | $1,654,004,790 | $94,665,303 |
Adelson Family Foundation Needham, MA | $5,626,414 | $49,822,227 |
Anna Maria And Stephen Kellen Foundation Inc New York, NY | $1,287,407,560 | $57,361,611 |
The Wallace Foundation New York, NY | $1,815,949,042 | $114,535,478 |
Stephen A Schwarzman Foundation New York, NY | $124,156,635 | $61,557,254 |
Pepsico Foundation Inc Purchase, NY | $25,033,678 | $1,734,936 |
Foundation Mireille And James Levy Usa New York, NY | $36,878,233 | $277,701 |
The Bat Hanadiv Foundation No 3 New York, NY | $1,717,297,999 | $245,079,951 |
Big East Conference Inc New York, NY | $25,429,264 | $59,716,596 |
Bristol-Myers Squibb Foundation Inc New York, NY | $146,629,708 | $46,784 |
Cohen Veterans Network Inc Stamford, CT | $21,771,420 | $47,396,071 |