Klarman Family Foundation

Organization Overview

Klarman Family Foundation is located in Boston, MA. The organization was established in 1991. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Klarman Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Klarman Family Foundation generated $145.9m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $100.1m during the year ending 12/2021. While expenses have increased by 10.7% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2021, Klarman Family Foundation has awarded 517 individual grants totaling $144,796,603. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Weber Shandwick
$278,519
Globalization Partners
$277,086
Rsm Us Llp
$176,023
Ropes & Gray
$132,899
Cfar
$132,006
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $25,000,000
Interest on Savings $16,170
Dividends & Interest $24,623
Net Rental Income$0
Net Gain on Sale of Assets $105,621,220
Capital Gain Net Income $99,303,318
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $15,210,649
Total Revenue $145,872,662

Grants Awarded

Over the last fiscal year, Klarman Family Foundation has awarded $144,796,603 in support to 517 organizations.

Grant RecipientAmount

THE SCHWARTZREISMAN SCIENCE EDUCATION CENTER REHOVOT (RA)

PURPOSE: ARAB ISRAELI EMPLOYMENT AND EDUCATION: TO SUPPORT THE PREPARATION AND INTEGRATION OF ARAB ISRAELIS INTO THE SCHWARTZ/REISMAN SCIENCE EDUCATION CENTERS AND THE CONSTRUCTION AND NAMING OF THE KFAR SABA CAMPUS FOR FISCAL YEARS 2022, 2023, AND 2024 (CAPITAL)

$6,900,000

BROAD INSTITUTE INC

Org PageRecipient Profile

Cambridge, MA

PURPOSE: MEDICAL AND SCIENTIFIC RESEARCH: TO PROVIDE FLEXIBLE, INCUBATIVE AND ACCELERANT FUNDING FOR THE KLARMAN CELL OBSERVATORY TO SYSTEMATICALLY DEFINE CELLULAR CIRCUITS IN MAMMALIAN CELLS

$5,000,000

Washington, DC

PURPOSE: HEALTHY DEMOCRACY: TO SUPPORT THE VOTER ENGAGEMENT FUND FOR FISCAL YEARS 2021 AND 2022

$5,000,000

Washington, DC

PURPOSE: HEALTHY DEMOCRACY: TO SUPPORT THE VOTER ENGAGEMENT FUND FOR FISCAL YEARS 2021 AND 2022

$5,000,000

FACING HISTORY AND OURSELVES INC

Org PageRecipient Profile

Brookline, MA

PURPOSE: HEALTHY DEMOCRACY: UNRESTRICTED OPERATING SUPPORT FOR FISCAL YEARS 2022, 2023, AND 2024

$4,000,000

NAACP LEGAL DEFENSE AND EDUCATIONAL FUND INC

Org PageRecipient Profile

New York, NY

PURPOSE: HEALTHY DEMOCRACY: UNRESTRICTED OPERATING SUPPORT FOR FISCAL YEARS 2022, 2023, 2024, AND 2025

$3,000,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Klarman Family Foundation has recieved totaling $45,820.

Awarding OrganizationAmount
New Venture Fund

Washington, DC

PURPOSE: ARTS, CULTURE, AND HUMANITIES

$45,820
View Grant Recipient Profile

Peer Organizations

Organization NameAssets
Rockefeller Foundation
New York, NY
$704,223,491
Simons Foundation Inc
New York, NY
$129,477,470
Bloomberg Family Foundation Inc
New York, NY
$1,259,941,914
Faculty Practice Foundation Inc
Boston, MA
$409,797,243
Leona M & Harry B Helmsley Charitable Trust
New York, NY
$723,181,306
Jp Morgan Chase Foundation
New York, NY
$488,434,024
Doris Duke Charitable Foundation Inc
New York, NY
$296,413,800
Zoom Foundation
Greenwich, CT
$176,914,821
Fidelity Foundation
Boston, MA
$803,389,715
Klarman Family Foundation
Boston, MA
$145,872,662
Druckenmiller Foundation
New York, NY
$402,828,458
Rockefeller Brothers Fund Inc
New York, NY
$94,665,303

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