Charles & Figa Kline Foundation
- Assets
- $8.5m
- Revenue
- $226.7k
- Investments
- $8.3m
- Employees
- 0
- Location
- Allentown, PA
- Founding
- 06/1957
- Data as of
- 10/2023
- EIN
- 23-6262315
Organization Overview
Charles & Figa Kline Foundation is located in Allentown, PA. The organization was established in 1957. 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. Charles & Figa Kline 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 10/2023, Charles & Figa Kline Foundation generated $226.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $525.7k during the year ending 10/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Charles & Figa Kline Foundation has awarded 85 individual grants totaling $3,299,779. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barnet H Fraenkel Vice President | 5 | $0 | |
Roberto Fischmann Secretary | 5 | $0 | |
Stewart Furmansky President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $204,732 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $21,942 |
| Capital Gain Net Income | $21,942 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $226,674 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9 |
| Depreciation | $0 |
| Occupancy | $3,000 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $41,999 |
| Total operating and administrative expenses | $51,208 |
| Contributions, gifts, grants paid | $474,529 |
| Total expenses and disbursements | $525,737 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $618 |
| Savings and temporary cash investments | $231,835 |
| Net Accounts receivable | $0 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $8,289,305 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,521,758 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Charles & Figa Kline Foundation has awarded $474,529 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
CONGREGATION AM HASKALAH PURPOSE: UNRESTRICTED | $2,500 |
CONGREGATION SONS OF ISRAEL PURPOSE: UNRESTRICTED | $30,000 |
FRIENDSHIP CIRCLE OF LEHIGH VALLEY PURPOSE: UNRESTRICTED | $25,000 |
CONGREGATION KENESETH ISRAEL PURPOSE: UNRESTRICTED | $30,000 |
HEBREW FAMILY LEAGUE PURPOSE: UNRESTRICTED | $2,000 |
INSTITUTE OF RELIGIOUS AND CULTURAL UNDERSTANDING PURPOSE: UNRESTRICTED | $2,000 |