Lk Family Foundation
LK Family Foundation is a private foundation based in Brooklyn, New York, designated as a 501(c)(3) organization. The foundation has been tax-exempt since May 2018. It operates as a small, family-directed philanthropic entity with limited public visibility and no publicly available website.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$385K
+9.0% YoY
Annual Giving
$25K
-91.4% YoY
Grant Count
6
-57.1% YoY
Avg Grant Size
$4K
-80.0% YoY
Grantmaking
The foundation is an invite-only funder that does not accept unsolicited applications.
Grant Range
$3,000
Average Grant
amount: $4,097
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Geographic Focus
Where this funder awards grants
The foundation supports various cities primarily in New York, with additional funding activity in New Jersey, Pennsylvania, and Maryland. Specific cities funded include Brooklyn, Bedford Hills, and Philadelphia.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total assets: $385,408
- Total revenue: $57,000
- Total expenses: $25,105
- Net income: $31,895
- Total liabilities: $0
- Expense ratio: 44.0% of total revenue spent on programs
The foundation's assets increased 2.6% from the previous year.
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $385,408 | $353,513 | $330,791 |
| Revenue | $57,000 | $309,752 | $131,900 |
| Expenses | $25,105 | $287,030 | $197,620 |
| Qualifying Distributions | $24,584 | $287,030 | $196,171 |
| Net Investment Income | — | — | — |
| Distributable Amount | $19,148 | $17,249 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2023
Grant Size Distribution
120 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Lazar Klein serves as the foundation's trustee and receives no compensation for this role.
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LAZAR KLEIN | TRUSTEE | — | — |
Related Funders
Similar funders by location and focus area
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Jeanne & Thomas Hardy Family Foundation
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Total Given
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Ramsleg Foundation
BRIGHTWATERS, NY
Assets
$543
Grants
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Total Given
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Druckenmiller Foundation
NEW YORK, NY
Assets
$1.8B
Grants
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Total Given
$135.7M
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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