Jack M Klues And Elizabeth F Klues Family Foundation
- Assets
- $942.3k
- Revenue
- $77.8k
- Investments
- $862.6k
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 09/2014
- Data as of
- 12/2022
- EIN
- 47-1442182
Organization Overview
Jack M Klues And Elizabeth F Klues Family Foundation is located in Wilmington, DE. The organization was established in 2014. According to its NTEE Classification (T30) the organization is classified as: Public 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. Jack M Klues And Elizabeth F Klues Family 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 12/2022, Jack M Klues And Elizabeth F Klues Family Foundation generated $77.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $141.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Jack M Klues And Elizabeth F Klues Family Foundation has awarded 48 individual grants totaling $1,144,729. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Corinn A Klues Dir, VP | 1 | $0 | |
Elizabeth Klues Dir, Sec, Treas, VP | 1 | $0 | |
Jack M Klues Pres, Dir | 1 | $0 | |
Jordan C Klues Dir, VP | 1 | $0 | |
Renee D Klues Dir, VP | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $75 |
| Dividends & Interest | $31,066 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $46,665 |
| Capital Gain Net Income | $46,665 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $77,806 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,984 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,061 |
| Total operating and administrative expenses | $19,868 |
| Contributions, gifts, grants paid | $121,369 |
| Total expenses and disbursements | $141,237 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $79,680 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $942,307 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Jack M Klues And Elizabeth F Klues Family Foundation has awarded $121,369 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
DONORSCHOOSE ORG PURPOSE: 'READING ENGAGEMENT' PROJECT | $606 |
DONORSCHOOSE ORG PURPOSE: BUILDING SOCIAL & EMOTIONAL SKILLS FOR LIFE PROGRAM | $472 |
DONORSCHOOSE ORG PURPOSE: 'REV UP READING SKILLS' PROJECT | $791 |
OFF THE STREET CLUB PURPOSE: STUDYPOINT TUTORING PROGRAM | $59,500 |
OFF THE STREET CLUB PURPOSE: ASPIRE HIGHER SCHOLARSHIP FUND | $10,000 |
MARCH OF DIMES FOUNDATION - ILLINOIS CHAPTER PURPOSE: GENERAL & UNRESTRICTED | $5,000 |