Klein Family Foundation
- Assets
- $0.0
- Revenue
- $2.9m
- Investments
- $44.2m
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 02/2000
- Data as of
- 12/2021
- EIN
- 13-4092608
Organization Overview
Klein Family Foundation is located in Brooklyn, NY. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Klein 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, Klein Family Foundation generated $2.9m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Klein Family Foundation has awarded 11 individual grants totaling $14,695,600. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sara Dinah Klein Trustee | 0 | $0 | |
Rivka Klein Trustee | 0 | $0 | |
Bracha Weits Trustee | 0 | $0 | |
Chana Brauner Trustee | 0 | $0 | |
Esther Traub Trustee | 0 | $0 | |
Yaakov Klein Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $925,112 |
| Profit on Inventory Sales | $0 |
| Other Income | $48,657 |
| Total Revenue | $2,850,375 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $874,919 |
| Contributions, gifts, grants paid | $505,200 |
| Total expenses and disbursements | $1,380,119 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,390,782 |
| Investments—mortgage loans | $0 |
| Investments—other | $257,975 |
| Other assets | $4,056 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Klein Family Foundation has awarded $505,200 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
GLOBAL CENTER OF GUR INC PURPOSE: CHARITABLE | $500,000 |
TORAH COMMUNICATIONS NETWORK PURPOSE: CHARITABLE | $200 |
FIDELITY CHARITABLE PURPOSE: CHARITABLE | $5,000 |