George Kaplan Memorial Foundation Inc

Private foundation · Grantmaker St Louis Park, MN EIN: 41-6039944

George Kaplan Memorial Foundation Inc is a private foundation, based in St Louis Park, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $465K in total assets. In 2024, it awarded 7 grants totaling $31K. Net investment income was $17K.

Key facts about George Kaplan Memorial Foundation Inc

In short: George Kaplan Memorial Foundation Inc gave $31K across 7 grants in 2024 (avg $4K), mostly in Minnesota. Source: 2024 IRS Form 990-PF.

EIN
41-6039944
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$30,800
Grants made (2024)
7
Average grant
$4,400
Median grant
$5,000
Total assets
$464,595
Primary geography
Minnesota (84% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated October 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$465K

+7.8% YoY

Annual Giving

$31K

+1.7% YoY

Grant Count

7

-12.5% YoY

Avg Grant Size

$4K

+16.2% YoY

Under IRS private-foundation payout rules, George Kaplan Memorial Foundation Inc reported a distributable amount of $23K for 2024 — the minimum it must pay out in qualifying distributions.

How George Kaplan Memorial Foundation Inc gives

  • Giving held roughly steady from 2021 to 2024 (−7%). Method
  • In 2024 it paid out 149% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2024 grant dollars across all 7 itemized grants.

Cities

MinneapolisSt. PaulSkokie

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K7 grants2020 9 grants2021 8 grants2022 8 grants2023 7 grants2024

From 2020 to 2024, annual grant giving ranged from $22K (2020) to $33K (2021). In 2024 it made 7 grants totaling $31K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Heilicher Minneapolis Jewish Day School: $5KHeilicher Minneapolis JewishDay School$5KNCSY: $5KNCSY$5KTwin City Jewfolk: $5KTwin City Jewfolk$5KUniversity of Minnesota Hillel: $5KUniversity of Minnesota Hillel$5KHerzl Camp: $4KHerzl Camp$4KMinnesota Jewish Community Center: $4KMinnesota Jewish CommunityCenter$4KTorah Academy: $4KTorah Academy$4K

The largest 2024 recipient was Heilicher Minneapolis Jewish Day School ($5K). Together the top 7 received $31K.

Grant Size Distribution

39 grants across all recorded years

39<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 39 grants of 39 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Heilicher Minneapolis Jewish Day School Minneapolis, MNScholarships$5,000
NCSY Skokie, ILProgramming$5,000
Twin City Jewfolk Minneapolis, MNGeneral Funding$5,000
University of Minnesota Hillel Minneapolis, MNSummer Leadership Development Program$5,000
Herzl Camp Minneapolis, MNScholarships$3,600
Minnesota Jewish Community Center St. Paul, MNMusic Program$3,600
Torah Academy Minneapolis, MNScholarships and General Funding$3,600

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$464,595$430,992$423,095
Revenue$18,938$32,213$7,887
Expenses$37,492$36,683$31,172
Qualifying Distributions$33,875$33,147$33,920
Net Investment Income$17,319$26,821$14,724
Distributable Amount$22,765$21,014$23,941

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2020 (received by the IRS November 11, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 14, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 17, 2025)
  6. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Officers and directors from IRS filings

George Kaplan Memorial Foundation Inc is led by David Toushin Dec'd, President on the 2024 filing; none of the 5 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • David Toushin Dec'd

    President

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Bruce Fink

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jenifer Robins

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jerry Ingber

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Allan Baumgarten

    Secretary & Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: David Toushin (2020–2023) — President

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about George Kaplan Memorial Foundation Inc

How much does George Kaplan Memorial Foundation Inc give each year?

George Kaplan Memorial Foundation Inc gave $31K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $30K across 8 grants.

What is George Kaplan Memorial Foundation Inc's typical grant size?

George Kaplan Memorial Foundation Inc's median grant in 2024 was $5,000, and its average grant was $4,400, across 7 grants on its 2024 IRS Form 990-PF.

Where does George Kaplan Memorial Foundation Inc give grants?

George Kaplan Memorial Foundation Inc gives mostly in Minnesota: 84% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Illinois (16%). The most frequent recipient cities were Minneapolis, MN (5 grants).

Does George Kaplan Memorial Foundation Inc give general operating support?

Yes: 29% of George Kaplan Memorial Foundation Inc's 2024 grants with a stated purpose (2 of 7) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are George Kaplan Memorial Foundation Inc's largest grantees?

George Kaplan Memorial Foundation Inc's largest 2024 grantees include Heilicher Minneapolis Jewish Day School ($5,000), NCSY ($5,000) and Twin City Jewfolk ($5,000), according to its 2024 IRS Form 990-PF. Together they received 49% of its itemized 2024 grant dollars.

How large is George Kaplan Memorial Foundation Inc?

George Kaplan Memorial Foundation Inc reported $465K in total assets on its 2024 IRS Form 990-PF. It paid out $34K in qualifying distributions that year, against a required minimum of $23K (roughly 5% of its investment assets).

What is George Kaplan Memorial Foundation Inc's EIN?

George Kaplan Memorial Foundation Inc's EIN (Employer Identification Number) is 41-6039944. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

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