The Mortimer & Barbara Klaus Family

BOCA RATON, FL EIN: 20-5747828

The Mortimer & Barbara Klaus Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOCA RATON, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.0M in total assets. In 2024, it awarded 32 grants totaling $191K. Net investment income was $184K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.0M

-0.5% YoY

Annual Giving

$191K

+2.4% YoY

Grant Count

32

+18.5% YoY

Avg Grant Size

$6K

-13.6% YoY

Under IRS private-foundation payout rules, The Mortimer & Barbara Klaus Family reported a distributable amount of $198K for 2024 — the minimum it must pay out in qualifying distributions.

About The Mortimer & Barbara Klaus Family

Based on IRS filings

The Mortimer & Barbara Klaus Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOCA RATON, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.0M in total assets. In 2024, it awarded 32 grants totaling $191K. Net investment income was $184K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

AlbanyAmeniaBooneBrooklynGreensboroKentLake SuccessLakevilleLakewoodLos AngelesMillbrookNew YorkSalisburySharonSheffieldWinstonsalem

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$79K$158K$238K$317K20202021202220232024
Metric202420232022
Total Assets$2,950,325$2,965,998$3,007,809
Revenue$202,868$166,617$161,523
Expenses$218,541$208,428$237,247
Qualifying Distributions$195,709$189,764$216,836
Net Investment Income$184,074$149,978$139,418
Distributable Amount$198,237$175,213$185,011

Giving Over Time

Total grant dollars and number of grants per year

$0$54K$107K$161K$215K1 grants20201 grants202134 grants202227 grants202332 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MAIMONIDES MEDICAL CENTER$25KSAJ$18KTEMPLE EMANUEL$18KCONGREGATION BETH DAVID$16KPARK AVENUE SYNAGOGUE$15KMEMORIAL SLOAN KETTERING…$10KSHARON HOSPITAL$10KWINSTON-SALEM UJA$10KSECOND HARVEST FOOD BANK…$8KNATIONAL ALLIANCE ON MEN…$7K

Grant Size Distribution

95 grants across all recorded years

93<$50K$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Maimonides Medical Center ($25,000), Saj ($18,000), Temple Emanuel ($18,000).

RecipientPurposeAmount
AMERICAN RED CROSS BOONE, IAGENERAL FUND$2,500
CAJAC NEW YORK, NYGENERAL FUND$2,500
CHILDREN'S HOME SOCIETY OF NC GREENSBORO, NCGENERAL FUND$2,500
CHORE SERVICE SALISBURY, CTGENERAL FUND$1,000
CITY HARVEST DONOR SYSTEMS BROOKLYN, NYGENERAL FUND$5,000
COMMUNITY ACCESS NEW YORK, NYGENERAL FUND$1,800
CONGREGATION BETH DAVID AMENIA, NYGENERAL FUND$16,400
CORNER FOOD PANTRY INC (THE) LAKEVILLE, CTGENERAL FUND$2,500
HABITAT FOR HUMANITY OF FORSYTH COUNTY WINSTONSALEM, NCGENERAL FUND$2,500
LAKEVILLE PONY CLUB MILLBROOK, NYGENERAL FUND$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MORTIMER KLAUSPRESIDENT1
BARRY KLAUSV.P.1
ANNE KLAUSV.P.1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Mortimer & Barbara Klaus Family?

The Mortimer & Barbara Klaus Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOCA RATON, FL. It holds $3.0M in total assets as of 2024.

How large is The Mortimer & Barbara Klaus Family?

As of 2024, The Mortimer & Barbara Klaus Family holds $3.0M in total assets with $203K in annual revenue. It awarded 32 grants totaling $191K in 2024.

Where does The Mortimer & Barbara Klaus Family operate?

The Mortimer & Barbara Klaus Family has awarded grants in California, Connecticut, Iowa, Massachusetts, North Carolina, New Jersey, New York.

What size grants does The Mortimer & Barbara Klaus Family award?

In 2024, The Mortimer & Barbara Klaus Family awarded 32 grants totaling $191K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is The Mortimer & Barbara Klaus Family required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Mortimer & Barbara Klaus Family reported a distributable amount of $198K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Mortimer & Barbara Klaus Family's EIN?

The Mortimer & Barbara Klaus Family's EIN (Employer Identification Number) is 20-5747828. 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.

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