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Klein Foundation is a private corporation based in MARBLE FALLS, TX. The foundation received its IRS ruling in 1995. The principal officer is Michael L Klein. It holds total assets of $16K. Annual income is reported at $367K. Total assets have decreased from $35K in 2011 to $2K in 2023. The foundation is governed by 6 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 2016 to 2023. According to available records, Klein Foundation has made 10 grants totaling $259K, with a median grant of $27K. Annual giving has grown from $38K in 2020 to $89K in 2023. Grantmaking activity was highest in 2022 with $133K distributed across 5 grants. Individual grants have ranged from $5K to $38K, with an average award of $26K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Texas. 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 Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in TX.
Klein Foundation has distributed a total of $259K across 10 grants. The median grant size is $27K, with an average of $26K. Individual grants have ranged from $5K to $38K.
Klein Foundation typically selects its grantees rather than accepting unsolicited proposals.
Klein Foundation is headquartered in MARBLE FALLS, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael L Klein | PRES/TRUSTEE | $0 | $0 | N/A |
| Eric Klein | TRUSTEE | $0 | $0 | N/A |
| Jeanne Lee Klein | VP/SEC/TR/TT | $0 | $0 | N/A |
| Jacquelyn Klein Brown | TRUSTEE | $0 | $0 | N/A |
| Quincy James Lee | TRUSTEE | $0 | $0 | N/A |
| Zachry Steven Lee | TRUSTEE | $0 | $0 | N/A |
Total Giving
$121K
Total Assets
$2K
Fair Market Value
$2K
Net Worth
$2K
Grants Paid
$89K
Contributions
$121K
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
10
Total Giving
$259K
Average Grant
$26K
Median Grant
$27K
Unique Recipients
2
Most Common Grant
$38K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Austin Public Education FoundationSUPPORT OF PUBLIC EDUCATION | Austin, TX | $34K | 2023 |
| The University Of Texas At AustinSUPPORT OF PUBLIC EDUCATION | Austin, TX | $20K | 2023 |