The Klingenstein-martell Foundation

NEW YORK, NY EIN: 13-4078024

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

+0.0% YoY

Avg Grant Size

$183K

+64.2% YoY

Under IRS private-foundation payout rules, The Klingenstein-martell Foundation reported a distributable amount of $801K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

New York $5.2M (92%)

Maine $185K (3%)

Georgia $130K (2%)

Massachusetts $80K (1%)

Connecticut $31K (1%)

States

Connecticut Georgia Massachusetts Maine New York

Cities

Belgrade LakesBoothbay HarborBostonBrewerEast NorthportJonesboroNew HavenNew YorkNew York CityRockville CentreSouth PortlandStony BrookTroyTupper Lake

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

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

Among its reported 2024 grants, the largest include Emma Willard School (noncash) ($1,240,618), New York Historical Society ($255,000), City Lore Inc ($250,000).

Recipient	Purpose	Amount
CITY LORE INC NEW YORK, NY	TORONTO GODSPELL FILM	$250,000
NEW YORK HISTORICAL SOCIETY NEW YORK, NY	GENERAL PURPOSE	$255,000
MERCY HOSPITAL ROCKVILLE CENTRE, NY	IN HONOR OF PATRICIA KLINGENSTEIN	$42,413
NORTHERN LIGHT HEALTH FOUNDATION BREWER, ME	GENERAL PURPOSE	$4,000
NEW YORK PUBLIC LIBRARY NEW YORK, NY	GENERAL PURPOSE	$40,000
ROBERT LOUIS STEVENSON SCHOOL NEW YORK, NY	GENERAL PURPOSE	$20,000
NATIONAL HISTORY MUSEUM OF THE ADIRONDACKS TUPPER LAKE, NY	GENERAL PURPOSE	$5,000
EMERSON COLLEGE CONCENTRATION ACCOUNT BOSTON, MA	GENERAL PURPOSE	$40,000
NEW YORK HISTORICAL SOCIETY(NONCASH) NEW YORK, NY	APPLE INC STOCK DONATION	$40,664
7 LAKES ALLIANCE(NONCASH) BELGRADE LAKES, ME	GENERAL PURPOSE	$51,959

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

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does The Klingenstein-martell Foundation fund?

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

How do I apply for a grant from The Klingenstein-martell Foundation?

**Grant Activity:** • Made 11 grants in 2023 with total giving of approximately $1.2 million • Made 9 grants in 2022 with total giving of approximately $1.3 million • Median grant size: $40,000 • Grant range: $5,000 to $603,000 **Recent Grants (2023):** • Worldwide Friends Foundation: $130,000 (General Purpose) • Mercy Hospital / Mercy Medical Center: $50,000 (In Honor of Patricia Klingenstein) • 7 Lakes Alliance (BRCA): $50,000 (General Purpose) **Application Policy:** The foundation does not …

Where does The Klingenstein-martell Foundation make grants?

The foundation primarily funds organizations in: • New York • Maine • Massachusetts • Pennsylvania • Maryland

What size grants does The Klingenstein-martell Foundation award?

In 2024, The Klingenstein-martell Foundation awarded 12 grants totaling $2.2M — an average of about $183K per grant, based on its IRS Form 990 filings.

How much is The Klingenstein-martell Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Klingenstein-martell Foundation reported a distributable amount of $801K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Klingenstein-martell Foundation's EIN?

The Klingenstein-martell Foundation's EIN (Employer Identification Number) is 13-4078024. IRS Form 990 filing data is available on this page for 2020–2024.