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Klein Tools Inc. Charitable Foundation is a private corporation based in LINCOLNSHIRE, IL. The foundation received its IRS ruling in 1987. It holds total assets of $285K. Annual income is reported at $10K. Total assets have decreased from $861K in 2010 to $284K in 2022. The foundation is governed by 4 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Texas and Illinois. According to available records, Klein Tools Inc. Charitable Foundation has made 21 grants totaling $118K, with a median grant of $5K. Annual giving has decreased from $69K in 2020 to $31K in 2023. Individual grants have ranged from $500 to $25K, with an average award of $6K. The foundation has supported 17 unique organizations. The foundation primarily supports organizations in Texas, Virginia, North Carolina, which account for 43% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$650
Median Grant
$5K
Average Grant
$6K
Largest Grant
$25K
Based on 11 grants from the most recent 990-PF filing.
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 Tools Inc. Charitable Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 21 grants. Its grantmaking reaches organizations primarily in TX, VA, NC.
Klein Tools Inc. Charitable Foundation has distributed a total of $118K across 21 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $500 to $25K.
Klein Tools Inc. Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Klein Tools Inc. Charitable Foundation is headquartered in LINCOLNSHIRE, IL. While based in IL, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sara J Klein | PRESIDENT | $0 | $0 | N/A |
| Thomas R Klein | SECRETARY/TREASURER | $0 | $0 | N/A |
| Leah Fox | DIRECTOR | $0 | $0 | N/A |
| David Klein | DIRECTOR | $0 | $0 | N/A |
Total Giving
$41K
Total Assets
$284K
Fair Market Value
$284K
Net Worth
$284K
Grants Paid
$31K
Contributions
N/A
Net Investment Income
$3K
Distribution Amount
$15K
Total Grants
21
Total Giving
$118K
Average Grant
$6K
Median Grant
$5K
Unique Recipients
17
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Cancer SocietyGENERAL | Kennesaw, GA | $500 | 2022 |
| Salvation ArmyGENERAL | Mansfield, TX | $5K | 2020 |
| E4e Relief LlcGENERAL | Charlotte, NC | $22K | 2023 |
| Big Hearts 4 Paws RescueGENERAL | Wellington, FL | $5K | 2023 |
| Florida English Bulldog RescueGENERAL | Odessa, FL | $3K | 2023 |
| The Women'S Center Of Greater ChicagolandGENERAL | Chicago, IL | $1K | 2023 |
| Cook Children'S Health FoundationGENERAL | Fort Worth, TX | $5K | 2022 |
| Leukemia And Lymphoma SocietyGENERAL | Dallas, TX | $5K | 2022 |
| Hillsdale CollegeGENERAL | Hillsdale, MI | $500 | 2022 |
| Skills Usa Foundation IncGENERAL | Leesburg, VA | $25K | 2020 |
| American Heart AssociationGENERAL | Dallas, TX | $10K | 2020 |
| Turning Point UsaGENERAL | Phoenix, AZ | $10K | 2020 |
| Texas Public Policy FoundationGENERAL | Austin, TX | $5K | 2020 |
| Methodist Mansfield Medical CenterGENERAL | Mansfield, TX | $3K | 2020 |
| Northwest Memorial FoundationGENERAL | Chicago, IL | $3K | 2020 |
| Methodist Health System FoundationGENERAL | Dallas, TX | $3K | 2020 |
| Stephen T Sexton Memorial FoundationGENERAL | Des Plaines, IL | $1K | 2020 |