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Nonprofit · EIN 20-5793010

THE LESTER AND ESTHER KLAUS FAMILY FOUNDATION

Tax-exempt · CEDARHURST, NY 11516

Financials

$156K$403K2022$85K$218K2023
Revenue Expenses · by fiscal year end
Financials of THE LESTER AND ESTHER KLAUS FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
November 30, 2024990-PF$85,059$218,146-$133,087$599,549$0$599,549
November 30, 2023990-PF$155,781$402,816-$247,035$732,636$0$732,636
Financial details: 990-PF for the year ended November 30, 2024

Revenue

Dividends
$3,464
Net gain from sales of assets
$81,595

Expenses

Grants and similar amounts paid
$214,250
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$214,250
Excise tax on investment income
$1,182

Balance sheet and other

Total assets, start of year
$732,636
Total assets, end of year
$599,549
Total liabilities, end of year
$0
Net assets, end of year
$599,549
Fair market value of assets
$599,549
Qualifying distributions
$214,250
Net investment income
$85,059

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended November 30, 2024, highest compensation first.

NameTitleHours / weekCompensation
LESTER KLAUS
260 CENTRAL AVENUE, LAWRENCE, NY 11559
PRESIDENT1$0
JEFFREY KLAUS
90 HARBOR VIEW WEST, LAWRENCE, NY 11559
V.P.1$0
STEVEN KLAUS
231 JUNIPER CIRCLE EAST, LAWRENCE, NY 11559
V.P.1$0
MICHAEL KLAUS
260 CENTRAL AVENUE, LAWRENCE, NY 11559
V.P.1$0
FRADDIE RAPP
65 HARBOR VIEW WEST, LAWRENCE, NY 11559
V.P.1$0
990-PF for the year ended November 30, 2023: 5 people
NameTitleHours / weekCompensation
LESTER KLAUS
260 CENTRAL AVENUE, LAWRENCE, NY 11559
PRESIDENT1$0
JEFFREY KLAUS
90 HARBOR VIEW WEST, LAWRENCE, NY 11559
V.P.1$0
STEVEN KLAUS
231 JUNIPER CIRCLE EAST, LAWRENCE, NY 11559
V.P.1$0
MICHAEL KLAUS
260 CENTRAL AVENUE, LAWRENCE, NY 11559
V.P.1$0
FRADDIE RAPP
65 HARBOR VIEW WEST, LAWRENCE, NY 11559
V.P.1$0

Address and contacts

Address (IRS master file)
525 CHESTNUT ST STE 207, CEDARHURST, NY 11516-2247
In care of
% LESTER KLAUS
Signed the 990-PF
LESTER KLAUS, PRESIDENT
Phone
(718) 937-4949
Return prepared by
LESHKOWITZ & COMPANY LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in November, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2024November 30, 2025April 15, 2026Not on file
2023November 30, 2024April 15, 2025990-PF on file
2022November 30, 2023April 15, 2024990-PF on file

IRS record

EIN
20-5793010
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2007
Accounting year ends
November
Files
Form 990-PF
Assets (IRS master file)
$599,549
Income (IRS master file)
$386,244

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFNovember 2024$85,059$218,146$599,549XML
990-PFNovember 2023$155,781$402,816$732,636XML
990-PFNovember 2022–––IRS
990-PFNovember 2021–––IRS
990-PFNovember 2020–––IRS
990-PFNovember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-5793010).

Questions about THE LESTER AND ESTHER KLAUS FAMILY FOUNDATION

What is the EIN of THE LESTER AND ESTHER KLAUS FAMILY FOUNDATION?
The employer identification number (EIN) of THE LESTER AND ESTHER KLAUS FAMILY FOUNDATION is 20-5793010.
Is THE LESTER AND ESTHER KLAUS FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to THE LESTER AND ESTHER KLAUS FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE LESTER AND ESTHER KLAUS FAMILY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of THE LESTER AND ESTHER KLAUS FAMILY FOUNDATION due?
The return for tax year 2024 (the year ending November 30, 2025) is due April 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE LESTER AND ESTHER KLAUS FAMILY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended November 2024.
Who are the officers and directors of THE LESTER AND ESTHER KLAUS FAMILY FOUNDATION?
The 990-PF for the year ended November 30, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does THE LESTER AND ESTHER KLAUS FAMILY FOUNDATION have?
On its 990-PF for the year ended November 30, 2024 it reported revenue of $85,059, expenses of $218,146 and total assets of $599,549 at year end.

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