BOSTON, MA
Klarman Family Foundation
Quick Facts
- EIN
- 043105768
- Location
- BOSTON, MA
- Category
- Philanthropy & Grantmaking
- Total Assets
- $713.2M
- Annual Income
- $95.4M
- IRS Ruling Year
- 1991
About This Foundation
Klarman Family Foundation is a private foundation based in BOSTON, MA. The foundation received its IRS ruling in 1991. It holds total assets of $713.2M. Annual income is reported at $95.4M. The foundation operates in the area of philanthropy & grantmaking.
View 990 FilingsFinancial Overview
Total Giving
$109.5M
2023+3%
Total Assets
$744M
2023-5%
Fair Market Value
$981.8M
2023
Net Worth
$744M
2023
Grants Paid
$90M
2023
Contributions
$0
2023
Net Investment Income
$60.1M
2023
Distribution Amount
$46.9M
2023
Total Giving by Year
$29.6M
11$32.7M
12$62.1M
13$44.8M
14$50.1M
15$81.8M
19$95.7M
20$100.1M
21$106.6M
22$109.5M
23Asset Growth
$288.6M
11$322M
12$408.7M
13$518.7M
14$542.1M
15$688.1M
19$709M
20$754.8M
21$781M
22$744M
23Investment Portfolio (2023)
Total: $33.3M
Corporate Stock: $33.3M
Other Investments: $510.8M
Cash: $4K
Corporate Stock (6%)
Other Investments (94%)
Cash (0%)
Expense Breakdown (2023)
Grants Paid$90M
Officer Compensation$854K
Pension & Benefits$760K
Accounting Fees$232K
Travel & Conferences$168K
Depreciation$119K
Legal Fees$91K
Revenue Sources (2023)
- Capital Gains (Net)
- $51.1M
- Other Income
- $13.1M
- Dividends
- $8.1M
- Interest
- $183K
Financial Details (2023)
- Total Revenue
- $72.5M
- Total Expenses
- $109.5M
- Exempt Purpose Expenses
- $96.1M
- Required Distribution
- $46.9M
- Undistributed Income
- $0
- Grants Approved (Future)
- $31.9M
- Total Liabilities
- $35K
- Excise Tax
- $836K
Foundation Classification (2023)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-12 | 990PF | View Filing |
| 2022-12 | 990PF | View Filing |
| 2021-12 | 990PF | View Filing |
| 2020-12 | 990PF | View Filing |
| 2018-12 | 990PF | View Filing |
| 2017-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica
See Similar Foundations
Philanthropy & Grantmaking
Gates Foundation
SEATTLE, WA
$78.7BPhilanthropy & Grantmaking
Philanthropy & Grantmaking
Gates Foundation Trust
KIRKLAND, WA
$77.6BPhilanthropy & Grantmaking
Philanthropy & Grantmaking
Ford Foundation
NEW YORK, NY
$17.5BPhilanthropy & Grantmaking
Philanthropy & Grantmaking
William & Flora Hewlett Foundation
MENLO PARK, CA
$14.2BPhilanthropy & Grantmaking
Philanthropy & Grantmaking
Robert Wood Johnson Foundation
PRINCETON, NJ
$13.4BPhilanthropy & Grantmaking
Philanthropy & Grantmaking
J Paul Getty Trust
LOS ANGELES, CA
$13BPhilanthropy & Grantmaking