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Kurt And Christa Claussner Foundation Inc. is a private corporation based in PLANO, TX. The foundation received its IRS ruling in 2021. It holds total assets of $922K. Annual income is reported at $584K. Total assets have grown from $250K in 2020 to $542K in 2022. The foundation is governed by 3 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 2020 to 2022. The foundation primarily funds organizations in Texas and Maryland. According to available records, Kurt And Christa Claussner Foundation Inc. has made 5 grants totaling $176K, with a median grant of $25K. Annual giving has decreased from $98K in 2021 to $78K in 2022. Individual grants have ranged from $10K to $78K, with an average award of $35K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Texas and Maryland. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$18K
Average Grant
$25K
Largest Grant
$53K
Based on 4 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.
Kurt And Christa Claussner Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in TX, MD.
Kurt And Christa Claussner Foundation Inc. has distributed a total of $176K across 5 grants. The median grant size is $25K, with an average of $35K. Individual grants have ranged from $10K to $78K.
Kurt And Christa Claussner Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Kurt And Christa Claussner Foundation Inc. is headquartered in PLANO, TX. While based in TX, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kurt Claussner | President | $0 | $0 | N/A |
| Christa Claussner | Sec/Treas | $0 | $0 | N/A |
| Karl Claussner | Director | $0 | $0 | N/A |
Total Giving
$80K
Total Assets
$542K
Fair Market Value
$542K
Net Worth
$542K
Grants Paid
$78K
Contributions
$214K
Net Investment Income
$4K
Distribution Amount
$21K
Total Grants
5
Total Giving
$176K
Average Grant
$35K
Median Grant
$25K
Unique Recipients
5
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Charitable Giving Under Reporting TCharitable Giving | Plano, TX | $78K | 2022 |
| Messiah Lutheran ChurchDonation to a domestically registered charitable organization | Plano, TX | $53K | 2021 |
| Prince Of Peace Christian SchoolDonation to a domestically registered charitable organization | Carrolton, TX | $25K | 2021 |
| North Texas Food BankDonation to a domestically registered charitable organization | Plano, TX | $10K | 2021 |
| Lutheran World ReliefDonation to a domestically registered charitable organization | Baltimore, MD | $10K | 2021 |