The Carroll & Percy Klingenstein
The Carroll & Percy Klingenstein is a private foundation based in New York, NY. It makes grants to charitable organizations, including organizations in education, health, human services, and other areas represented among its 2025 grantees.
The Carroll & Percy Klingenstein at a glance
In short: The Carroll & Percy Klingenstein gave $125K across 33 grants in 2025 (avg $4K), mostly in New York. 36% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $125,160
- +519.5% vs 2024
- Grants made (2025)
- 33
- +230.0% vs 2024
- Average grant
- $3,793
- +87.7% vs 2024
- Median grant
- $1,000
- Total assets
- $2,280,497
- -5.0% vs 2024
- New grantees (estimate)
- 36% first-time grantees (12 of 33, 2025)
- Primary geography
- New York (55% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Carroll & Percy Klingenstein
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests and states that it makes contributions only to preselected charitable organizations. It says no formal application is necessary; only a general letter of request is needed. Eligible recipients must be public charities described under IRC Section 509(a)(1), (2), or (3).
- Contact
Application contact: Glenn Zimmerman
Mailing address: 120 West 45Th Street, New York, NY 10036
Phone: (212) 840-6444
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Carroll & Percy Klingenstein funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Music Theater Works ($25K). Together the top 10 received $105K.
Grant Size Distribution
137 grants across all recorded years
The most common grant size was under $50K: 137 grants of 137 (100%).
Geographic Focus
Where this funder awards grants
In 2025, 55% of grant dollars went to recipients in New York, 27% to Illinois, 14% to Connecticut, 3% to Maryland, and 1% to Massachusetts.
Grant Distribution by State
Share of 2025 grant dollars across all 33 itemized grants.
States
Cities
Is The Carroll & Percy Klingenstein open to new grantees?
36%
first-time grantees, 2025
In 2025, 12 of 33 grantees (36%) were first-time recipients. First grants averaged $2K; repeat grants $5K. How we count
Medians: $1K first-time, $2K repeat.
- 21% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−10%). Method
- In 2025 it paid out 66% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $20K (2024) to $140K (2022). In 2025 it made 33 grants totaling $125K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Music Theater Works Wilmette, IL | General Charitable Purpose | $25,000 |
| The New Jewish Home New York, NY | General Charitable Purpose | $20,000 |
| Connecticut College New London, CT | General Charitable Purpose | $17,500 |
| Burke Rehabilitation Hospital White Plains, NY | General Charitable Purpose | $10,000 |
| Nightingale Bamford School New York, NY | General Charitable Purpose | $7,500 |
| Rye Country Day School Rye, NY | General Charitable Purpose | $6,500 |
| Congregation Emanu-El of Westchester East Rye, NY | General Charitable Purpose | $5,500 |
| Smart Love Family Services Oak Park, IL | General Charitable Purpose | $5,000 |
| UJA Federation New York, NY | General Charitable Purpose | $5,000 |
| American Kidney Fund Rockville, MD | General Charitable Purpose | $2,500 |
Ready to take the next step with The Carroll & Percy Klingenstein?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,280,497 | $47,592 | $168,529 | $125,160 | 33 | $129,180 | $8,243 | $196,750 |
| 2024 | $2,401,434 | $15,965 | $58,972 | $20,202 | 10 | $23,137 | $12,447 | $165,210 |
| 2023 | $2,444,441 | $4,534 | $188,523 | $131,670 | 31 | $134,355 | $8,830 | $155,345 |
| 2022 | $2,649,720 | $1,288,550 | $182,329 | $139,600 | 34 | $142,125 | $1,248,426 | $169,790 |
| 2021 | $1,522,209 | $29,131 | $172,551 | $110,057 | 29 | — | $16,310 | $150,721 |
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.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants went to organizations with varied missions. Connecticut College says it educates students to put the liberal arts into action as citizens of a global society. Rye Country Day School describes itself as a coeducational, college-preparatory school serving students from pre-kindergarten through grade 12. The American Kidney Fund says its mission is to fight kidney disease and help people live healthier lives. My Sisters’ Place says it works to end domestic violence and human trafficking through services, advocacy, and community education.
Grantmaking
In 2025, the foundation made 33 grants totaling $125,160. Grants ranged from $100 to $25,000, with a median of $1,000. The largest awards included $25,000 to Music Theater Works, $20,000 to The New Jewish Home, $17,500 to Connecticut College, $10,000 to Burke Rehabilitation Hospital, and $7,500 to Nightingale-Bamford School. The listed grant purposes were “general charitable purpose.”
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Fran Klingenstein as president/director and Jean Klingenstein as secretary/treasurer/director.
The Carroll & Percy Klingenstein is led by Fran Klingenstein, President & Director on every filing since 2024; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Fran Klingenstein
President & Director
On filings since 2024
1 hr/week
No compensation reported
Jean Klingenstein
Secretary, Treasurer & Director
On filings since 2021
0.5 hrs/week
No compensation reported
Former officers (1)
- Former: William P. Klingenstein (2021–2023) — President & Director
Data from IRS Form 990 filings, 2021–2025. "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 The Carroll & Percy Klingenstein
How much does The Carroll & Percy Klingenstein give each year?
The Carroll & Percy Klingenstein gave $125K across 33 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $20K across 10 grants.
What is The Carroll & Percy Klingenstein's typical grant size?
The Carroll & Percy Klingenstein's median grant in 2025 was $1,000, and its average grant was $3,793, across 33 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Carroll & Percy Klingenstein that year got $2K on average.
Where does The Carroll & Percy Klingenstein give grants?
The Carroll & Percy Klingenstein gives mostly in New York: 55% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Illinois (27%) and Connecticut (14%). The most frequent recipient cities were New York, NY (10 grants), Chicago, IL (3 grants), Purchase, NY (3 grants) and Rye, NY (2 grants).
Does The Carroll & Percy Klingenstein give general operating support?
Yes: 100% of The Carroll & Percy Klingenstein's 2025 grants with a stated purpose (33 of 33) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Carroll & Percy Klingenstein's largest grantees?
The Carroll & Percy Klingenstein's largest 2025 grantees include Music Theater Works ($25,000), The New Jewish Home ($20,000) and Connecticut College ($17,500), according to its 2025 IRS Form 990-PF. Together they received 50% of its itemized 2025 grant dollars.
How large is The Carroll & Percy Klingenstein?
The Carroll & Percy Klingenstein reported $2.3M in total assets on its 2025 IRS Form 990-PF. It paid out $129K in qualifying distributions that year, against a required minimum of $197K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does The Carroll & Percy Klingenstein fund?
No mission statement for the foundation is provided. Its 2025 grants went to organizations with varied missions. Connecticut College says it educates students to put the liberal arts into action as citizens of a global society. See mission & focus areas ↑
How do I apply for a grant from The Carroll & Percy Klingenstein?
The foundation does not accept unsolicited requests and states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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.
Does The Carroll & Percy Klingenstein accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
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Cite this profile
Grantable. (2026). The Carroll & Percy Klingenstein funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/the-carroll-and-percy-klingenstein-morg_f63b8aac517445ab85cf19f3389985b4
BibTeX
@misc{grantable_132850138_2026,
author = {{Grantable}},
title = {{The Carroll \& Percy Klingenstein funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-carroll-and-percy-klingenstein-morg_f63b8aac517445ab85cf19f3389985b4},
note = {Accessed 2026-10-10. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Carroll & Percy Klingenstein's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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