The Louis and Margaret Kestenbaum
The Louis and Margaret Kestenbaum is a private foundation, based in BROOKLYN, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $954K in total assets. In 2024, it awarded 3 grants totaling $50K. Net investment income was $44K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$954K
+6.0% YoY
Annual Giving
$50K
+11.2% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$17K
-25.9% YoY
Under IRS private-foundation payout rules, The Louis and Margaret Kestenbaum reported a distributable amount of $38K for 2024 — the minimum it must pay out in qualifying distributions.
About The Louis and Margaret Kestenbaum
Based on IRS filings
The Louis and Margaret Kestenbaum is a private foundation, based in BROOKLYN, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $954K in total assets. In 2024, it awarded 3 grants totaling $50K. Net investment income was $44K.
Ready to take the next step with The Louis and Margaret Kestenbaum?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $954,036 | $899,624 | $923,724 |
| Revenue | $113,715 | $38,883 | $71,864 |
| Expenses | $59,304 | $75,517 | $51,434 |
| Qualifying Distributions | $49,600 | $44,600 | $9,600 |
| Net Investment Income | $44,074 | $22,068 | $4,314 |
| Distributable Amount | $37,624 | $37,666 | $40,842 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Kovetz Al Yad ($20,000), Wmsbg Kolel Damesek Eliezer Inc ($20,000), Cong Chevras Tehillim ($9,600).
| Recipient | Purpose | Amount |
|---|---|---|
| CONG CHEVRAS TEHILLIM BROOKLYN, NY | RELIGIOUS & EDUCATIONAL | $9,600 |
| KOVETZ AL YAD BROOKLYN, NY | RELIGIOUS & EDUCATIONAL | $20,000 |
| WMSBG KOLEL DAMESEK ELIEZER INC BROOKLYN, NY | RELIGIOUS & EDUCATIONAL | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LOUIS KESTENBAUM | TRUSTEE | — | — |
| MARGARET KESTENBAUM | TRUSTEE | — | — |
Frequently Asked Questions
How large is The Louis and Margaret Kestenbaum?
As of 2024, The Louis and Margaret Kestenbaum holds $954K in total assets with $114K in annual revenue. It awarded 3 grants totaling $50K in 2024.
Where does The Louis and Margaret Kestenbaum operate?
The Louis and Margaret Kestenbaum has awarded grants in New York.
What size grants does The Louis and Margaret Kestenbaum award?
In 2024, The Louis and Margaret Kestenbaum awarded 3 grants totaling $50K — an average of about $17K per grant, based on its IRS Form 990 filings.
How much is The Louis and Margaret Kestenbaum required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Louis and Margaret Kestenbaum reported a distributable amount of $38K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Louis and Margaret Kestenbaum's EIN?
The Louis and Margaret Kestenbaum's EIN (Employer Identification Number) is 11-6578073. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.