INVESTMENT MANAGEMENT
The Mayer & Morris Kaplan Family Foundation investments are managed by the Kaplan Family Investments Office with portfolio investment advice provided by:
Monticello & Associates
One Tabor Center
1200 17th Street, Suite 2600
Denver, CO 80202
PAYOUT
The
Foundation is required by Federal Law to spend no less than 5% of the market
value of its assets in grants and operating expenses. The Mayer & Morris
Kaplan Family Foundation has set the floor for payout of grants at 7.5% of
assets. The five year average for payout at the Foundation is 8.6%,
with payout in excess of this for each of the past three years.
AUDITS
The Foundation uses the firm of Lipschultz, Levin & Gray (Northbrook, IL) to conduct our audits.
IRS 990 Forms