The KL Felicitas Foundation
The KL Felicitas Foundation is a private foundation, based in San Jose, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.3M in total assets. In 2024, it awarded 7 grants totaling $289K. Net investment income was $391K.
The KL Felicitas Foundation at a glance
In short: The KL Felicitas Foundation gave $289K across 7 grants in 2024 (avg $41K), top state Hawaii. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $289,444
- -2.5% vs 2023
- Grants made (2024)
- 7
- -12.5% vs 2023
- Average grant
- $41,349
- +11.4% vs 2023
- Median grant
- $20,000
- Total assets
- $5,256,887
- -5.0% vs 2023
- Primary geography
- Hawaii (17% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The KL Felicitas Foundation funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
The largest 2024 recipient was Gemeinnutziger Verein ($172K). Together the top 7 received $289K.
Grant Size Distribution
48 grants across all recorded years
The most common grant size was under $50K: 39 grants of 48 (81%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 7 itemized grants.
Cities
How The KL Felicitas Foundation gives
- Giving held roughly steady from 2021 to 2024 (+17%). Method
- In 2024 it paid out 186% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $247K (2021) to $497K (2020). In 2024 it made 7 grants totaling $289K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Gemeinnutziger Verein | General Support | $172,000 |
| Hawaii Investment Ready Kaneohe, HI | General Support | $50,000 |
| Toniic Institute San Francisco, CA | General Support | $25,000 |
| Rockefeller Philanthropy New York, NY | General Support | $20,000 |
| Dr Schwarz Foundation | General Support | $10,994 |
| MCE Social Capital San Francisco, CA | General Support | $8,450 |
| Dr Sinbad | General Support | $3,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $5,256,887 | $573,657 | $724,768 | $289,444 | 7 | $644,050 | $391,175 | $346,343 |
| 2023 | $5,536,384 | $320,184 | $717,785 | $297,000 | 8 | $694,626 | $159,878 | $388,607 |
| 2022 | $5,813,859 | $188,315 | $754,150 | $334,000 | 10 | $553,023 | — | $507,572 |
| 2021 | $6,640,923 | $638,920 | $562,882 | $246,750 | 10 | $1,239,426 | $305,466 | $940,044 |
| 2020 | $6,345,888 | $132,337 | $835,251 | $497,382 | 13 | — | $24,722 | $500,837 |
Under IRS private-foundation payout rules, The KL Felicitas Foundation reported a distributable amount of $346K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The KL Felicitas Foundation is led by Lisa Kleissner, President on every filing since 2020; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Lisa Kleissner
President
On filings since 2020
30 hrs/week
No compensation reported
Alex Kleissner
Vice President
On filings since 2020
5 hrs/week
No compensation reported
Andrea Kleissner
Treasurer
On filings since 2020
5 hrs/week
No compensation reported
Karl Kleissner
Secretary
On filings since 2020
30 hrs/week
No compensation reported
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 The KL Felicitas Foundation
How much does The KL Felicitas Foundation give each year?
The KL Felicitas Foundation gave $289K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $297K across 8 grants.
What is The KL Felicitas Foundation's typical grant size?
The KL Felicitas Foundation's median grant in 2024 was $20,000, and its average grant was $41,349, across 7 grants on its 2024 IRS Form 990-PF.
Where does The KL Felicitas Foundation give grants?
The KL Felicitas Foundation's top state is Hawaii, with 17% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were California (12%) and New York (7%). The most frequent recipient cities were San Francisco, CA (2 grants).
Does The KL Felicitas Foundation give general operating support?
Yes: 100% of The KL Felicitas Foundation's 2024 grants with a stated purpose (7 of 7) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The KL Felicitas Foundation's largest grantees?
The KL Felicitas Foundation's largest 2024 grantees include Gemeinnutziger Verein ($172,000), Hawaii Investment Ready ($50,000) and Toniic Institute ($25,000), according to its 2024 IRS Form 990-PF. Together they received 85% of its itemized 2024 grant dollars.
How large is The KL Felicitas Foundation?
The KL Felicitas Foundation reported $5.3M in total assets on its 2024 IRS Form 990-PF. It paid out $644K in qualifying distributions that year, against a required minimum of $346K (roughly 5% of its investment assets).
What is The KL Felicitas Foundation's EIN?
The KL Felicitas Foundation's EIN (Employer Identification Number) is 77-0539366. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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