Julia & Isadore Klein Family Foundation Inc
- Assets
- $5.8m
- Revenue
- $212.1k
- Investments
- $5.6m
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 04/1965
- Data as of
- 12/2022
- EIN
- 61-0648689
Organization Overview
Julia & Isadore Klein Family Foundation Inc is located in Louisville, KY. The organization was established in 1965. 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. Julia & Isadore Klein Family Foundation Inc 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 12/2022, Julia & Isadore Klein Family Foundation Inc generated $212.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $431.7k during the year ending 12/2022. While expenses have increased by 1.4% per year over the past 8 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 2014, Julia & Isadore Klein Family Foundation Inc has awarded 498 individual grants totaling $2,841,284. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOT APPLICABLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Klein President | 0 | $0 | |
Richard Klein Vice President | 0 | $0 | |
Beth Paxton Klein Secretary | 15 | $24,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $81,829 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $127,470 |
| Capital Gain Net Income | $127,470 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,830 |
| Total Revenue | $212,129 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $24,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $189 |
| Taxes | $10,838 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,340 |
| Total operating and administrative expenses | $60,473 |
| Contributions, gifts, grants paid | $371,210 |
| Total expenses and disbursements | $431,683 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $54,130 |
| Savings and temporary cash investments | $72,091 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,767,958 |
| 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, Julia & Isadore Klein Family Foundation Inc has awarded $371,210 in support to 55 organizations.
| Grant Recipient | Amount |
|---|---|
ALLEY CAT ADVOCATES INC PURPOSE: CHARITABLE | $1,000 |
ANTI-DEFAMATION LEAGUE CLEVELAND REGIONAL OFFICE PURPOSE: CHARITABLE | $5,000 |
AUBURN UNIVERSITY FOUNDATION PURPOSE: CHARITABLE | $1,000 |
AMERICAN RED CROSS LOUISVILLE & BLUGRASS CHAPTER PURPOSE: CHARITABLE | $10,100 |
BACKSIDE LEARNING CENTER INC PURPOSE: CHARITABLE | $10,000 |
CAMP NEBAGAMON FOUNDATION PURPOSE: CHARITABLE | $5,000 |