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Filing year 2023

The David and Mary Krassenstein Foundation

Margate, New Jersey·EIN 54-2124868·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$37k
Total assets
$1.4M
Total expenses
$78k
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2023. The David and Mary Krassenstein Foundation reported 2 unpaid officers and board members on its 990-PF.

President/trustee
Treasurer/trustee

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$67k

Itemized grants

6

Median grant

$10k

RecipientLocationPurposeAmount
SHIRAT HAYAMVENTNOR, NJCHARITABLE PURPOSES$19k
CONGREGATION BETH JUDAHVENTNOR, NJCHARITABLE PURPOSES$10k
JEWISH COMMUNITY CENTERMARGATE, NJCHARITABLE PURPOSES$10k
JEWISH FAMILY SERVICEMARGATE, NJCHARITABLE PURPOSES$10k
SEASHORE GARDENS LIVING CENTERGALLOWAY, NJCHARITABLE PURPOSES$10k
TEMPLE BETH SHALOMBRIGANTINE, NJCHARITABLE PURPOSES$10k

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in New Jersey

The David and Mary Krassenstein Foundation reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in New Jersey earns a median of $24,000.

25th percentile
$10k
Median
$24,000
75th percentile
$63k
90th percentile
$178k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 688 organizations across 688 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for New Jersey
FAQ

Common questions about The David and Mary Krassenstein Foundation

What are The David and Mary Krassenstein Foundation's revenue and expenses?

In 2023, The David and Mary Krassenstein Foundation reported $37k in total revenue and $78k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.