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Waldemar J Klasing Private Foundation is a private corporation based in SAINT LOUIS, MO. The foundation received its IRS ruling in 2010. The principal officer is Andrew J Weinhaus. It holds total assets of $4.6M. Annual income is reported at $1.3M. Total assets have grown from $244K in 2011 to $4M in 2023. The foundation is governed by 4 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 2023. The foundation primarily funds organizations in Missouri and Illinois. According to available records, Waldemar J Klasing Private Foundation has made 11 grants totaling $455K, with a median grant of $35K. Annual giving has grown from $105K in 2020 to $170K in 2022. Grantmaking activity was highest in 2021 with $180K distributed across 4 grants. Individual grants have ranged from $5K to $100K, with an average award of $41K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Missouri and Illinois. Contributions to this foundation are tax-deductible.
Smallest Grant
$35K
Median Grant
$35K
Average Grant
$57K
Largest Grant
$100K
Based on 3 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.
Waldemar J Klasing Private Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in MO, IL.
Waldemar J Klasing Private Foundation has distributed a total of $455K across 11 grants. The median grant size is $35K, with an average of $41K. Individual grants have ranged from $5K to $100K.
Waldemar J Klasing Private Foundation typically selects its grantees rather than accepting unsolicited proposals.
Waldemar J Klasing Private Foundation is headquartered in SAINT LOUIS, MO. While based in MO, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kathryn Wolff | PRESIDENT | $15K | $0 | $15K |
| Matthew A Goben | VICE PRESIDENT | $7K | $0 | $7K |
| Ryan Clark | SECRETARY | $7K | $0 | $7K |
| Scott Wolff | DIRECTOR | $4K | $0 | $4K |
Total Giving
$245K
Total Assets
$4M
Fair Market Value
$4M
Net Worth
$4M
Grants Paid
$160K
Contributions
N/A
Net Investment Income
$412K
Distribution Amount
$187K
Total Grants
11
Total Giving
$455K
Average Grant
$41K
Median Grant
$35K
Unique Recipients
4
Most Common Grant
$35K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of MissouriSCHOLARSHIPS | Columbia, MO | $10K | 2021 |
| Washington UniversitySCHOLARSHIPS | St Louis, MO | $100K | 2022 |
| Southern Illinois UniversitySCHOLARSHIPS | Carbondale, IL | $35K | 2022 |
| Missouri S&TSCHOLARSHIPS | Rolla, MO | $35K | 2022 |