Lucy Klingenstein Family Foundation

NEW YORK, NY EIN: 92-1227773

Lucy Klingenstein Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $5.0M in total assets. In 2024, it awarded 1 grants totaling $160K. Net investment income was $88K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.0M

-1.9% YoY

Annual Giving

$160K

+3100.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$160K

+3100.0% YoY

Under IRS private-foundation payout rules, Lucy Klingenstein Family Foundation reported a distributable amount of $316K for 2024 — the minimum it must pay out in qualifying distributions.

About Lucy Klingenstein Family Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Colorado $160K (97%)

New York $5K (3%)

States

Colorado New York

Cities

Lone TreeNew York

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$5,018,836	$5,117,287	$3,400,000
Revenue	$113,157	$1,813,889	$3,400,000
Expenses	$211,608	$96,602	—
Qualifying Distributions	$169,699	$73,417	—
Net Investment Income	$87,660	$46,930	—
Distributable Amount	$316,348	$235,047	$1,835

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

2 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Schwab Charitable Fund ($160,000).

Recipient	Purpose	Amount
SCHWAB CHARITABLE FUND LONE TREE, CO	GENERAL PURPOSE	$160,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
LUCY L KLINGENSTEIN	PRESIDENT AND TREASURER	2	—
BRANDON R SALL	SECRETARY	2	—
HEIDE H ILGENFRITZ	VICE PRESIDENT	0.5	—
JANET MULLIGAN	VICE PRESIDENT	0.5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Lucy Klingenstein Family Foundation?

Lucy Klingenstein Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $5.0M in total assets as of 2024.

How large is Lucy Klingenstein Family Foundation?

As of 2024, Lucy Klingenstein Family Foundation holds $5.0M in total assets with $113K in annual revenue. It awarded 1 grants totaling $160K in 2024.

Where does Lucy Klingenstein Family Foundation operate?

Lucy Klingenstein Family Foundation has awarded grants in Colorado, New York.

What size grants does Lucy Klingenstein Family Foundation award?

In 2024, Lucy Klingenstein Family Foundation awarded 1 grants totaling $160K — an average of about $160K per grant, based on its IRS Form 990 filings.

How much is Lucy Klingenstein Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Lucy Klingenstein Family Foundation reported a distributable amount of $316K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Lucy Klingenstein Family Foundation's EIN?

Lucy Klingenstein Family Foundation's EIN (Employer Identification Number) is 92-1227773. IRS Form 990 filing data is available on this page for 2022–2024.