The Thomas R Kline Foundation
- Assets
- $21.5m
- Revenue
- $8.4m
- Investments
- $12.5m
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 12/2013
- Data as of
- 12/2023
- EIN
- 38-7066678
Organization Overview
The Thomas R Kline Foundation is located in Philadelphia, PA. The organization was established in 2013. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thomas R 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 12/2023, Thomas R Kline Foundation generated $8.4m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 66.3% each year . All expenses for the organization totaled $11.6m during the year ending 12/2023. While expenses have increased by 25.6% per year over the past 9 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 2015, Thomas R Kline Foundation has awarded 31 individual grants totaling $19,778,821. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,100,000 |
| Interest on Savings | $190,262 |
| Dividends & Interest | $502,291 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$348,140 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,444,413 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,031 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $51,316 |
| Total operating and administrative expenses | $59,406 |
| Contributions, gifts, grants paid | $11,513,382 |
| Total expenses and disbursements | $11,572,788 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $312 |
| Savings and temporary cash investments | $8,976,854 |
| 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 | $176,245 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $21,462,986 |
| 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, The Thomas R Kline Foundation has awarded $11,513,382 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
AGUADAS ISRAEL CONGREGATION PURPOSE: GENERAL SUPPORT | $10,000 |
DUQUESNE UNIVERSITY PURPOSE: GENERAL SUPPORT | $10,235,123 |
M NIGHT SHYAMALAN FOUNDATION PURPOSE: GENERAL SUPPORT | $15,000 |
MACCABI USA PURPOSE: GENERAL SUPPORT | $5,000 |
THE ARLEN SPECTER US SQUASH CENTER PURPOSE: GENERAL SUPPORT | $50,384 |
MISSING BOLTS PRODUCTIONS INC PURPOSE: GENERAL SUPPORT | $3,000 |