Nathan J Klein Fund
- Assets
- $2.5m
- Revenue
- $197.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 11/1954
- Data as of
- 12/2023
- EIN
- 74-6060543
Organization Overview
Nathan J Klein Fund is located in Houston, TX. The organization was established in 1954. 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. Nathan J Klein Fund 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, Nathan J Klein Fund generated $197.7k 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 (5.4%) each year. All expenses for the organization totaled $363.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Nathan J Klein Fund has awarded 98 individual grants totaling $1,304,999. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION HAS NO DIRECT CHARITABLE ACTIVITIES. IT ONLY DISBURSES CHARITABLE FUNDS TO OTHER TAX-EXEMPT ORGANIZATIONS SEE ANSWER TO PART XV QUESTION 2.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Benjamin N Klein Trustee | 0 | $0 | |
Glen Rosenbaum Trustee | 0 | $0 | |
Randolph Markey Trustee | 0 | $0 | |
Nathan J Klein Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $43,599 |
| Net Rental Income | -$28,039 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $197,707 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $185 |
| Depreciation | $48,636 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $129,881 |
| Total operating and administrative expenses | $188,470 |
| Contributions, gifts, grants paid | $175,000 |
| Total expenses and disbursements | $363,470 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $276,790 |
| Savings and temporary cash investments | $673,665 |
| 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 | $97,673 |
| Net Investments - land, buildings, equipment | $1,436,461 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $41,252 |
| Total assets | $2,525,841 |
| 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, Nathan J Klein Fund has awarded $175,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
JEWISH FEDERATION OF GREATER HOUSTON PURPOSE: TO ASSIST THE ORG. IN ITS CHARITABLE PURPOSE | $75,700 |
TEXAS A&M HILLEL FOUNDATION PURPOSE: TO ASSIST THE ORG. IN ITS CHARITABLE PURPOSE | $10,000 |
YORKIE HAVEN RESCUE PURPOSE: TO ASSIST THE ORG. IN ITS CHARITABLE PURPOSE | $7,500 |
HOUSTON GRAND OPERA ASSOCIATION INC PURPOSE: TO ASSIST THE ORG. IN ITS CHARITABLE PURPOSE | $12,500 |
THE COUNCIL ON DRUGS AND ALCOHOL PURPOSE: TO ASSIST THE ORG. IN ITS CHARITABLE PURPOSE | $2,500 |
SEVEN ACRES JEWISH SENIOR CARE SERVICES PURPOSE: TO ASSIST THE ORG. IN ITS CHARITABLE PURPOSE | $1,800 |