//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Klein Charitable Foundation is a private trust based in LAKEWOOD, NJ. The foundation received its IRS ruling in 2021. The principal officer is Abraham Klein. It holds total assets of $914K. Annual income is reported at $550K. Total assets have grown from $250K in 2020 to $499K in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Klein Charitable Foundation has made 13 grants totaling $250K, with a median grant of $10K. Annual giving has grown from $48K in 2022 to $202K in 2023. Individual grants have ranged from $5K to $105K, with an average award of $21K. The foundation has supported 10 unique organizations. Grants have been distributed to organizations in New Jersey and New York. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Klein Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in NJ, NY.
Klein Charitable Foundation has distributed a total of $250K across 13 grants. The median grant size is $10K, with an average of $21K. Individual grants have ranged from $5K to $105K.
Klein Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Klein Charitable Foundation is headquartered in LAKEWOOD, NJ. While based in NJ, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Abraham Klein | TRUSTEE | $0 | $0 | N/A |
| Eli Klein | TRUSTEE | $0 | $0 | N/A |
Total Giving
$202K
Total Assets
$499K
Fair Market Value
$620K
Net Worth
$499K
Grants Paid
$202K
Contributions
$250K
Net Investment Income
N/A
Distribution Amount
N/A
Total: $240K
Total Grants
13
Total Giving
$250K
Average Grant
$21K
Median Grant
$10K
Unique Recipients
10
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Khal Chasam SoferCHARITABLE | Lakewood, NJ | $105K | 2023 |
| Misc Charitlable OrgCHARITABLE | Lakewood, NJ | $26K | 2023 |
| Tzur Foundation IncCHARITABLE | Lakewood, NJ | $26K | 2023 |
| Satmar LakewoodCHARITABLE | Lakewood, NJ | $10K | 2023 |
| Cong Tiferes YisroelCHARITABLE | Brooklyn, NY | $10K | 2023 |
| Mesoras Avus IncCHARITABLE | Lakewood, NJ | $10K | 2023 |
| Cong Minchas Eluzer D MunkatchCHARITABLE | Brooklyn, NY | $5K | 2023 |
| Cong Orach Chaim Yotsei UkraineCHARITABLE | Airmont, NY | $5K | 2023 |
| Cong Oholai NuchemCHARITABLE | Brooklyn, NY | $5K | 2023 |
| Cong Tiferes Shulem NadvornaCHARITABLE | Brooklyn, NY | — | 2023 |