Marcia And Michael Klein Foundation

Organization Overview

Marcia And Michael Klein Foundation is located in Longboat Key, FL. The organization was established in 2008. 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. Marcia And Michael Klein Foundation 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 12/2021, Marcia And Michael Klein Foundation generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 34.0% each year . All expenses for the organization totaled $289.7k during the year ending 12/2021. While expenses have increased by 6.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Marcia And Michael Klein Foundation has awarded 50 individual grants totaling $2,184,000. 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.

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Board, Officers & Key Employees

Name (title)Compensation
John P Fioritto
Treasurer
$0
Michael H Klein
President
$0
Michael H Klein
Trustee
$0
Marcia S Klein
Secretary
$0
Marica S Klein
Trustee
$0
John P Fioritto
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $1,001,600
Interest on Savings $0
Dividends & Interest $75,359
Net Rental Income$0
Net Gain on Sale of Assets $290,798
Capital Gain Net Income $290,798
Net ST Capital Gain $85,726
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $1,367,757

Grants Awarded

Over the last fiscal year, Marcia And Michael Klein Foundation has awarded $271,000 in support to 7 organizations.

Grant RecipientAmount

JEWISH FEDERATION

PURPOSE: CAMP

$37,000

RINGLING COLLEGE OF ART DESIGN

PURPOSE: MASTERPIECE & MUSEUM

$100,000

SARASOTA MEMORIAL HOSPITAL

PURPOSE: HEALCARE

$15,000

SELBY BOTANICAL GARDENS

PURPOSE: SOLAR PANELS & LILY POND

$28,000

UNIVERSITY OF MICHIGAN

PURPOSE: PROFESSORSHIP

$50,000

ANTI DEFAMATION LEAGUE

PURPOSE: FIGHTING ANTI-SEMITISM

$21,000
View Grant Profile

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