The Carroll & Percy Klingenstein
The Carroll and Percy Klingenstein Foundation is a private foundation established in 1975 and based in New York City. It operates as a 501(c)(3) tax-exempt organization dedicated to philanthropic grantmaking.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$2.3M
-5.0% YoY
Annual Giving
$125K
+519.5% YoY
Grant Count
33
+230.0% YoY
Avg Grant Size
$4K
+87.7% YoY
Under IRS private-foundation payout rules, The Carroll & Percy Klingenstein reported a distributable amount of $197K for 2025 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's grant-making focuses on:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
The foundation maintains modest annual giving relative to its asset base, with recent years showing total giving between $20,000–$134,000.
Grant Range
s & Activity:**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- New York
- Georgia
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of February 2024:
- Total Assets: $2,401,434
- Total Liabilities: $0
- Revenue (2024): $15,965
- Expenses (2024): $58,972
- Net Income (2024): -$43,007
Historical Context (2022):
- Assets: $3,000,000
- Distributions: $134,000
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,280,497 | $2,401,434 | $2,444,441 |
| Revenue | $47,592 | $15,965 | $4,534 |
| Expenses | $168,529 | $58,972 | $188,523 |
| Qualifying Distributions | $129,180 | $23,137 | $134,355 |
| Net Investment Income | $8,243 | $12,447 | $8,830 |
| Distributable Amount | $196,750 | $165,210 | $155,345 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
137 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Music Theater Works ($25,000), The New Jewish Home ($20,000), Connecticut College ($17,500).
| Recipient | Purpose | Amount |
|---|---|---|
| ALZHEIMER'S ASSOCIATION CHICAGO, IL | GENERAL CHARITABLE PURPOSE | $1,000 |
| AMERICAN CANCER SOCIETY ATLANTA, GA | GENERAL CHARITABLE PURPOSE | $200 |
| AMERICAN KIDNEY FUND ROCKVILLE, MD | GENERAL CHARITABLE PURPOSE | $2,500 |
| ANTI-DEFAMATION LEAGUE NEW YORK, NY | GENERAL CHARITABLE PURPOSE | $500 |
| BIG BROTHERS BIG SISTERS OF FSW PORT CHESTER, NY | GENERAL CHARITABLE PURPOSE | $1,000 |
| BURKE REHABILITATION HOSPITAL WHITE PLAINS, NY | GENERAL CHARITABLE PURPOSE | $10,000 |
| CONGREGATION EMANU-EL OF WESTCHESTER EAST RYE, NY | GENERAL CHARITABLE PURPOSE | $5,500 |
| CONNECTICUT COLLEGE NEW LONDON, CT | GENERAL CHARITABLE PURPOSE | $17,500 |
| EAGLEBROOK SCHOOL DEERFIELD, MA | GENERAL CHARITABLE PURPOSE | $1,000 |
| FEEDING AMERICA CHICAGO, IL | GENERAL CHARITABLE PURPOSE | $100 |
Leadership & Key People
Leadership team and compensation from IRS filings
- William P. Klingenstein — President/Director
- Jean Klingenstein — Secretary/Treasurer/Director
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FRAN KLINGENSTEIN | PRESIDENT/DIRECTOR | 1 | — |
| JEAN KLINGENSTEIN | SECRETARY/TREASURER/DIRECT | 0.5 | — |
Frequently Asked Questions
What does The Carroll & Percy Klingenstein fund?
The foundation's grant-making focuses on: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services
How do I apply for a grant from The Carroll & Percy Klingenstein?
**Grant Sizes & Activity:** • Typical award range: $100–$25,000 • Median grant amount: $1,100 • Maximum grant observed: $20,000 • Recent giving (2024): $20,202 in total distributions • Grant count (2022): 32 grants awarded **Financial Capacity:** The foundation maintains modest annual giving relative to its asset base, with recent years showing total giving between $20,000–$134,000.
Where does The Carroll & Percy Klingenstein make grants?
The foundation primarily funds organizations in: • New York • Georgia
What size grants does The Carroll & Percy Klingenstein award?
In 2025, The Carroll & Percy Klingenstein awarded 33 grants totaling $125K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is The Carroll & Percy Klingenstein required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, The Carroll & Percy Klingenstein reported a distributable amount of $197K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Carroll & Percy Klingenstein's EIN?
The Carroll & Percy Klingenstein's EIN (Employer Identification Number) is 13-2850138. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in The Carroll & Percy Klingenstein's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.