Private Foundation

The David and Mary Krassenstein Foundation C/O Ruth Niesen

The David and Mary Krassenstein Foundation C/O Ruth Niesen is a private foundation categorized as Private Foundation based in Margate, NJ. Its most recent IRS filing (2025) reports revenue of $112K, expenses of $78K, total assets of $1.4M. Imperigo tracks 44 reported grants from this foundation totaling approximately $572K.

EIN: 542124868 Margate, NJ Latest filing: 2025

Total Revenue$112K

Total Expenses$78K

Total Assets$1.4M

Grants Given44

Grant Total$572K

Filing Years2020–2025

Sample Grants Given

SHIRAT HAYAM

VENTNOR, NJ · 2024

CHARITABLE PURPOSES

$19,901

JEWISH FAMILY SERVICE

MARGATE, NJ · 2024

CHARITABLE PURPOSES

$9,950

JEWISH COMMUNITY CENTER

MARGATE, NJ · 2024

CHARITABLE PURPOSES

$9,950

CONGREGATION BETH JUDAH

VENTNOR, NJ · 2024

CHARITABLE PURPOSES

$9,950

SEASHORE GARDENS LIVING CENTER

GALLOWAY, NJ · 2024

CHARITABLE PURPOSES

$9,950

Showing up to 5 of 44 total records — full history available with membership.

Officers & Directors

TREASURER/TRUSTEE Ruth K Niesen

PRESIDENT/TRUSTEE William E Margolis

Officer compensation and complete director data available with membership.

Top Grant Purposes

CHARITABLE PURPOSES

$571,504 44 grants

Financial Trends

Year	Revenue	Expenses	Assets
2025	$112K	$78K	$1.4M
2024	$37K	$78K	$1.4M
2023	$-12K	$75K	$1.4M
2021	$87K	$88K	$1.5M
2020	$81K	$118K	$1.5M

Between 2020 and 2025, reported annual revenue grew from $81K to $112K (+38%), with total assets most recently reported at $1.4M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in NJ.

Full geographic grant map with state-by-state breakdown available with membership.

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