The Klingenstein-martell Foundation
The Klingenstein-Martell Foundation is a private family foundation established in 1999 and based in New York City. The foundation is designated as a 501(c)(3) organization and operates as a grantmaking foundation focused on philanthropic activities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$80.5M
+825.1% YoY
Annual Giving
$2.2M
+64.2% YoY
Grant Count
12
+0.0% YoY
Avg Grant Size
$183K
+64.2% YoY
Mission & Focus Areas
The foundation primarily funds general purpose scholarships in honor of Patricia Klingenstein. Its grantmaking focuses on:
- Education
- Science and STEM education
- Human Services
- Philanthropy and grantmaking
Grantmaking
The foundation does not accept unsolicited applications and operates on an invite-only basis.
Grant Range
$40,000
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- New York
- Maine
- Massachusetts
- Pennsylvania
- Maryland
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $8.7 million
- Total Revenue: $1.09 million
- Total Expenses: $1.36 million
- Total Liabilities: $0
- Giving Rate: 13.6% of assets
As of 2022:
- Total Assets: $9.0 million
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $80,477,051 | $8,699,060 | $8,979,235 |
| Revenue | $96,218,720 | $1,091,039 | $1,263,153 |
| Expenses | $2,214,292 | $1,358,214 | $1,467,651 |
| Qualifying Distributions | $2,197,664 | $1,341,245 | $1,372,516 |
| Net Investment Income | $21,332,174 | $256,228 | $246,017 |
| Distributable Amount | $800,572 | $392,086 | $382,375 |
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 2024
Grant Size Distribution
55 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SARAH K MARTELL | PRESIDENT, TRUSTEE | — | — |
| LAUREN BRESLOW | TREASURER & SECRETARY | — | — |
Contact Information
- Address: 61 Broadway, Room 1601, New York, NY 10006-2756
- Telephone: (212) 583-1100
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Assets
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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