Steven A Klar Foundation
- Assets
- $268.2k
- Revenue
- $8.4k
- Investments
- $0.0
- Employees
- 0
- Location
- East Meadow, NY
- Founding
- 07/1995
- Data as of
- 06/2024
- EIN
- 11-3241722
Organization Overview
Steven A Klar Foundation is located in East Meadow, NY. The organization was established in 1995. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Steven A Klar Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Steven A Klar Foundation generated $8.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 38.6% each year . All expenses for the organization totaled $57.4k during the year ending 06/2024. While expenses have increased by 0.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Steven A Klar Foundation has awarded 180 individual grants totaling $660,694. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven A Klar President | 2 | $0 | |
Marvin F Milich Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8,407 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,407 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $129 |
| Total operating and administrative expenses | $129 |
| Contributions, gifts, grants paid | $57,226 |
| Total expenses and disbursements | $57,355 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $67,206 |
| Savings and temporary cash investments | $200,918 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $82 |
| Total assets | $268,206 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Steven A Klar Foundation has awarded $57,226 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
FEED MY STARVING CHILDREN PURPOSE: GENERAL PURPOSE | $1,000 |
GLEN OAKS PHILANTHROPIC FUND PURPOSE: GENERAL PURPOSES | $750 |
GRENVILLE BAKER BOYS & GIRLS CLUB PURPOSE: GENERAL PURPOSES | $2,600 |
LONG ISLAND ARTS ALLIANCE PURPOSE: GENERAL PURPOSE | $500 |
HOFSTRA UNIVERSITY PURPOSE: GENERAL PURPOSES | $1,500 |
NASSAU COUNTY MUSEUM OF ART PURPOSE: GENERAL PURPOSES | $12,750 |