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.
For the year ending 12/2019, Klarman Family Foundation generated $95.4m in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $81.8m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kim Mccabe Exec. Dir. | 40 | $336,000 | |
Laura Sherman Dir Ma Grants | 40 | $215,000 | |
Jonathan Horowitz Sr Prog Ofcr | 40 | $190,000 | |
Karen Gill Dir Ops & Admin | 32 | $131,767 | |
Erin Peterson Sr Grants Mgr | 40 | $124,000 | |
Malka Travaglini Sr Prog Ofcr | 40 | $113,000 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Globalization Partners | 12/30/19 | $160,234 |
Ropes & Gray | 12/30/19 | $85,493 |
Isaacson Miller Inc | 12/30/19 | $104,524 |
Nitasha Manchanda | 12/30/19 | $86,000 |
Cfar | 12/30/19 | $104,375 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $60,000,000 |
Interest on Savings | $1,111,029 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $21,963,275 |
Capital Gain Net Income | $22,222,918 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $12,307,082 |
Total Revenue | $95,381,386 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $416,077 |
Other employee salaries and wages | $1,459,472 |
Pension plans, employee benefits | $436,336 |
Interest | $0 |
Taxes | $267,978 |
Depreciation | $203,386 |
Occupancy | $637,313 |
Travel, conferences, and meetings | $163,428 |
Printing and publications | $0 |
Other expenses | $10,626,002 |
Total operating and administrative expenses | $15,312,710 |
Contributions, gifts, grants paid | $66,505,393 |
Total expenses and disbursements | $81,818,103 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $7,911,187 |
Savings and temporary cash investments | $76,735,998 |
Net Accounts receivable | $512,994 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $8,000 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $574,385,555 |
Net Land, buildings, and equipment | $689,919 |
Other assets | $2,027,400 |
Total assets | $688,091,719 |
Accounts payable and accrued expenses | $28,960 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $28,960 |
Over the last fiscal year, we have identified 1 grants that Klarman Family Foundation has recieved totaling $45,820.
Awarding Organization | Amount |
---|---|
New Venture Fund Washington, DC PURPOSE: ARTS, CULTURE, AND HUMANITIES | $45,820 |
Organization Name | Assets | Revenue |
---|---|---|
Simons Foundation Inc New York, NY | $4,015,531,241 | $523,660,840 |
Faculty Practice Foundation Inc Boston, MA | $86,602,730 | $418,419,019 |
Rockefeller Foundation New York, NY | $4,929,907,452 | $337,487,726 |
Jp Morgan Chase Foundation New York, NY | $302,020,428 | $256,877,839 |
Blavatnik Family Foundation New York, NY | $174,076,094 | $21,540,793 |
Adelson Family Foundation Needham, MA | $522,108 | $116,767,506 |
Druckenmiller Foundation New York, NY | $1,273,919,839 | $136,579,901 |
Doris Duke Charitable Foundation Inc New York, NY | $1,930,470,080 | $113,349,408 |
Klarman Family Foundation Boston, MA | $688,091,719 | $95,381,386 |
Anna Maria And Stephen Kellen Foundation Inc New York, NY | $1,301,695,078 | $41,033,339 |
Zoom Foundation Greenwich, CT | $0 | $173,014,876 |
The Morningside Foundation Newton Centre, MA | $36,165,780 | $65,263,834 |