Lester & Esther Klaus Family Foundation
EIN 205793010Total Given 2016–2024
$2.1M
6 grants · $233K avg/year
based on 9 yrs of IRS 990-PF records on file
$100K+/yr
local funder
capacity
$358K
typical big bets · $338K–$388K
grant size
25%
balanced · 1/4 multi-year
repeat
$600K
Assets (2024)
4
Distinct Recipients
About
THE ENTITY HAS AN ASSET ON THE BALANCE SHEET THAT IS UNASCERTAINABLE. UPON INFORMATION AND BELIEF, A KEY EMPLOYEE OF THE ENTITY, WHO WAS TERMINATED IN LATE 2023, MISAPPROPRIATED THE ASSETS BY DIVERTING THE ASSETS TO OTHER INDIVIDUALS AND/OR ENTITIES FOR PERSONAL GAIN. THE ACTIONS OF THE TERMINATED EMPLOYEE ARE THE SUBJECT OF AN ONGOING INVESTIGATION BY THE FOUNDATIONS' LEGAL COUNSEL. CIVIL LITIGATION HAS BEGUN AND ADDITIONAL CIVIL ACTIONS MAY BE FILED, AND CRIMINAL PROSECUTION MAY BE INSTITUTED. AS SUCH, THE VALUES OF THE ASSET, CANNOT BE DETERMINED AT THIS TIME. ONCE ALL ISSUES ARE SETTLED AND A VALUE DETERMINED, THE ENTITY INTENDS TO SUBMIT AN AMENDED TAX RETURN.
Application Information
Accepts Unsolicited Proposals
No — Preselected Only
Contact Person
Lester Esther Klaus Family Foundati
Phone
(718) 937-4949
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2016 | $353K | $2.5M | $105K | 1 |
| 2017 | $363K | $2.4M | $109K | 1 |
| 2018 | $333K | $2.0M | $124K | 1 |
| 2020 | N/A | $2.2M | $36K | N/A |
| 2022 | $433K | $1.3M | $11K | 1 |
| 2023 | $397K | $811K | $156K | 1 |
| 2024 | $214K | $600K | $85K | 1 |
Grant Size Distribution
Based on 6 grants on record
Minimum
$214K
25th Pctl
$338K
Median
$358K
Average
$349K
75th Pctl
$388K
Maximum
$433K
Geographic Distribution
Officers & Directors
LK
Lester Klaus
7+ yrs
President
Leadership
FR
Fraddie Rapp
7+ yrs
V.P
MK
Michael Klaus
7+ yrs
V.P
SK
Steven Klaus
7+ yrs
V.P
JK
Jeffrey Klaus
7+ yrs
V.P
LK
Lester Klaus
7+ yrs
President
Leadership
JK
Jeffrey Klaus
7+ yrs
V.P
FR
Fraddie Rapp
7+ yrs
V.P
MK
Michael Klaus
7+ yrs
V.P
SK
Steven Klaus
7+ yrs
V.P
LK
Lester Klaus
7+ yrs
President
Leadership
SK
Steven Klaus
7+ yrs
Vice President
Leadership
JK
Jeffrey Klaus
7+ yrs
Vice President
Leadership
MK
Michael Klaus
7+ yrs
Vice President
Leadership
FR
Fraddie Rapp
7+ yrs
Vice President
Leadership
LK
Lester Klaus
7+ yrs
President
Leadership
FR
Fraddie Rapp
7+ yrs
Vice President
Leadership
MK
Michael Klaus
7+ yrs
Vice President
Leadership
SK
Steven Klaus
7+ yrs
Vice President
Leadership
JK
Jeffrey Klaus
7+ yrs
Vice President
Leadership
LK
Lester Klaus
7+ yrs
President
Leadership
MK
Michael Klaus
7+ yrs
V.P
JK
Jeffrey Klaus
7+ yrs
V.P
SK
Steven Klaus
7+ yrs
V.P
FR
Fraddie Rapp
7+ yrs
V.P
LK
Lester Klaus
7+ yrs
President
Leadership
FR
Fraddie Rapp
7+ yrs
V.P
MK
Michael Klaus
7+ yrs
V.P
SK
Steven Klaus
7+ yrs
V.P
JK
Jeffrey Klaus
7+ yrs
V.P
LK
Lester Klaus
7+ yrs
President
Leadership
MK
Michael Klaus
7+ yrs
V.P
SK
Steven Klaus
7+ yrs
V.P
FR
Fraddie Rapp
7+ yrs
V.P
EK
Esther Klaus
V.P. + Sec
JK
Jeffrey Klaus
7+ yrs
V.P
Grants Awarded (6 total)
| Purpose | ||||
|---|---|---|---|---|
| Lester Esther Klaus Family Foundati | Cedarhurst, NY | $433,400 | Donations to non-for profit organizations | 2022 |
| Available Upon Request | New York, NY | $396,876 | ALL CHARITABLE | 2023 |
| Available Upon Request | Rockaway Beach, NY | $362,650 | ALL CHARITABLE | 2017 |
| See Statement #2 | Far Rockaway, NY | $353,000 | ALL CHARITABLE | 2016 |
| Available Upon Request | New York, NY | $332,800 | ALL CHARITABLE | 2018 |
| Available Upon Request | New York, NY | $214,250 | ALL CHARITABLE | 2024 |