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Jack M Klues And Elizabeth F Klues Family Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2014. The principal officer is Foundation Source. It holds total assets of $505K. Annual income is reported at $334K. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Illinois, Maryland and Minnesota. According to available records, Jack M Klues And Elizabeth F Klues Family Foundation has made 35 grants totaling $865K, with a median grant of $10K. Annual giving has decreased from $373K in 2020 to $249K in 2023. Individual grants have ranged from $472 to $110K, with an average award of $25K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in Illinois, Minnesota, Maryland, which account for 83% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$15K
Average Grant
$37K
Largest Grant
$110K
Based on 10 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Jack M Klues And Elizabeth F Klues Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 35 grants. Its grantmaking reaches organizations primarily in IL, MN, MD.
Jack M Klues And Elizabeth F Klues Family Foundation has distributed a total of $865K across 35 grants. The median grant size is $10K, with an average of $25K. Individual grants have ranged from $472 to $110K.
Jack M Klues And Elizabeth F Klues Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Jack M Klues And Elizabeth F Klues Family Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Corinn A Klues | Dir, VP | $0 | $0 | N/A |
| Elizabeth Klues | Dir, Sec, Treas, VP | $0 | $0 | N/A |
| Jack M Klues | Pres, Dir | $0 | $0 | N/A |
| Jordan C Klues | Dir, VP | $0 | $0 | N/A |
| Renee D Klues | Dir, VP | $0 | $0 | N/A |
Total Giving
$264K
Total Assets
$730K
Fair Market Value
$761K
Net Worth
$730K
Grants Paid
$249K
Contributions
N/A
Net Investment Income
$45K
Distribution Amount
$42K
Total Grants
35
Total Giving
$865K
Average Grant
$25K
Median Grant
$10K
Unique Recipients
11
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Off The Street ClubEndowed Staff Support Fund | Chicago, IL | $50K | 2023 |
| Saint Viator High SchoolCapital Campaign "Igniting the fire" | Arlington Heights, IL | $50K | 2023 |
| University Of Illinois FoundationCollege of Media | Urbana, IL | $40K | 2023 |
| Feed My Starving ChildrenCharitable Event | Coon Rapids, MN | $20K | 2023 |
| March Of Dimes Foundation - Illinois ChapterGeneral & Unrestricted | Chicago, IL | $5K | 2023 |
| Cystic Fibrosis FoundationCharitable Event | Bethesda, MD | $3K | 2023 |
| Donorschoose Org'Rev Up Reading Skills' project | New York, NY | $791 | 2022 |
| Society For The Preservation Of Greek HousingThe Gamma Zeta Chapter of Alpha Tau Omega at the University of Illinois | Champaign, IL | $110K | 2020 |
| Quincy Notre Dame FoundationThe Quincy Notre Dame Capital Campaign | Quincy, IL | $50K | 2020 |
| March Of Dimes FoundationMarch For Babies event | Chicago, IL | $5K | 2020 |
| First Presbyterian Church Of Arlington HeightsGeneral & Unrestricted | Arlington Heights, IL | $3K | 2020 |