Frederick & Sharon Klingenstein Fund

NEW YORK, NY EIN: 06-1471980

Frederick & Sharon Klingenstein Fund is a private foundation, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $17.8M in total assets. In 2024, it awarded 4 grants totaling $1.3M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$17.8M

-7.0% YoY

Annual Giving

$1.3M

-1.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$328K

-1.5% YoY

Under IRS private-foundation payout rules, Frederick & Sharon Klingenstein Fund reported a distributable amount of $1.5M for 2024 — the minimum it must pay out in qualifying distributions.

About Frederick & Sharon Klingenstein Fund

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $6.2M (100%)

States

California

Cities

San Francisco

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$17,750,507	$19,084,400	$20,390,460
Revenue	$478,823	$515,170	$1,472,975
Expenses	$1,812,717	$1,821,230	$1,927,131
Qualifying Distributions	$1,313,400	$1,330,000	$1,349,191
Net Investment Income	—	$11,289	$788,207
Distributable Amount	$1,474,261	$1,310,635	$1,336,539

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

20 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Charles Schwab Donor Advised Fund ($327,500), Charles Schwab Donor Advised Fund ($327,500), Charles Schwab Donor Advised Fund ($327,500).

Recipient	Purpose	Amount
CHARLES SCHWAB DONOR ADVISED FUND SAN FRANCISCO, CA	KATHY KLINGENSTEIN DONOR ADVISED FUND	$327,500
CHARLES SCHWAB DONOR ADVISED FUND SAN FRANCISCO, CA	SUSAN KLINGENSTEIN DONOR ADVISED FUND	$327,500
CHARLES SCHWAB DONOR ADVISED FUND SAN FRANCISCO, CA	LUCY KLINGENSTEIN DONOR ADVISED FUND	$327,500
CHARLES SCHWAB DONOR ADVISED FUND SAN FRANCISCO, CA	AMY POLLINGER DONOR ADVISED FUND	$327,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
AMY POLLINGER	PRESIDENT	—	—
KENNETH POLLINGER	SECRETARY	—	—
KENNETH FIELDS	TREASURER	—	—

Frequently Asked Questions

How large is Frederick & Sharon Klingenstein Fund?

As of 2024, Frederick & Sharon Klingenstein Fund holds $17.8M in total assets with $479K in annual revenue. It awarded 4 grants totaling $1.3M in 2024.

Where does Frederick & Sharon Klingenstein Fund operate?

Frederick & Sharon Klingenstein Fund has awarded grants in California.

What size grants does Frederick & Sharon Klingenstein Fund award?

In 2024, Frederick & Sharon Klingenstein Fund awarded 4 grants totaling $1.3M — an average of about $328K per grant, based on its IRS Form 990 filings.

How much is Frederick & Sharon Klingenstein Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Frederick & Sharon Klingenstein Fund reported a distributable amount of $1.5M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Frederick & Sharon Klingenstein Fund's EIN?

Frederick & Sharon Klingenstein Fund's EIN (Employer Identification Number) is 06-1471980. IRS Form 990 filing data is available on this page for 2020–2024.