Klaus Foundation Inc
- Assets
- $1.9m
- Revenue
- $49.7k
- Investments
- $1.8m
- Employees
- 0
- Location
- Cincinnati, OH
- Founding
- 07/2008
- Data as of
- 12/2023
- EIN
- 26-1571753
Organization Overview
Klaus Foundation Inc is located in Cincinnati, OH. The organization was established in 2008. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Klaus Foundation Inc 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 12/2023, Klaus Foundation Inc generated $49.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (29.1%) each year. All expenses for the organization totaled $119.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Klaus Foundation Inc has awarded 79 individual grants totaling $1,064,749. 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 |
|---|---|---|---|
Michael Evans President | 2 | $0 | |
Katherine Evans Vice President | 1 | $0 | |
Carole Evans Treasurer | 2 | $0 | |
Alexander Evans Trustee | 1 | $0 | |
Lauren Lillis Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $16,000 |
| Interest on Savings | $67 |
| Dividends & Interest | $7,657 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $25,972 |
| Capital Gain Net Income | $25,972 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $49,696 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $426 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $165 |
| Total operating and administrative expenses | $5,073 |
| Contributions, gifts, grants paid | $114,194 |
| Total expenses and disbursements | $119,267 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,127 |
| Savings and temporary cash investments | $0 |
| 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 | $1,634,224 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,853,525 |
| 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, Klaus Foundation Inc has awarded $114,194 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ALL FOR AFRICA'S CHILDREN TODAY IN LESOTHO PURPOSE: TO HELP CHILDREN IN LESOTHO, AFRICA | $76,000 |
ALZHEIMERS ASSOCIATION PURPOSE: RESEARCH, SUPPORT AND CARE FOR THOSE WITH ALZHEIMER'S DISEASE | $5,000 |
BOSTON HEALTHCARE FOR THE HOMELESS PURPOSE: HEALTHCARE ASSISTANCE FOR INDIGENT PEOPLE | $5,000 |
CRAYONS TO COMPUTERS PURPOSE: HELP TEACHERS PROVIDE SUPPLIES FOR THEIR STUDENTS | $5,000 |
FREESTORE FOODBANK PURPOSE: FOOD TO HELP THOSE IN NEED | $10,000 |
OLIVE RIDLEY PROJECT PURPOSE: PROTECTING SEA TURTLES AND THEIR HABITAT WORLDWIDE. | $3,194 |