Robert & Ita Klein Charitable Foundation

Organization Overview

Robert & Ita Klein Charitable Foundation is located in Beachwood, OH. The organization was established in 2013. 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. Robert & Ita Klein Charitable 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, Robert & Ita Klein Charitable Foundation generated $656.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (18.0%) each year. All expenses for the organization totaled $104.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (45.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Robert & Ita Klein Charitable Foundation has awarded 98 individual grants totaling $56,057,130. 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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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Benesch Friedlander Coplan & Aronoff
$147,791
Taft Stettinius & Hollister Llp
$55,302
Benesch Friedlander Coplan & Aronoff
$147,791
Taft Stettinius & Hollister Llp
$55,302
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $205,540
Interest on Savings $1
Dividends & Interest $287
Net Rental Income$0
Net Gain on Sale of Assets $355,544
Capital Gain Net Income $355,544
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $95,129
Total Revenue $656,501

Grants Awarded

Over the last fiscal year, Robert & Ita Klein Charitable Foundation has awarded $3,552,525 in support to 3 organizations.

Grant RecipientAmount

JEWISH FEDERATION OF CLEVELAND

PURPOSE: GENERAL OPERATIONS

$2,850,000

YESHIVA DERECH HATORAH

Org PageRecipient Profile

Cleveland Heights, OH

PURPOSE: GENERAL OPERATIONS

$648,525

KOLLEL BOKER BEACHWOOD

PURPOSE: GENERAL OPERATIONS

$54,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Robert & Ita Klein Charitable Foundation has recieved totaling $170,000.

Awarding OrganizationAmount
National Philanthropic Tr

Jenkintown, PA

PURPOSE: PUBLIC, SOCIETAL BENEFIT

$170,000
View Grant Recipient Profile

Peer Organizations

Organization NameAssets
George Gund Foundation
Cleveland, OH
$120,923,136
Oberkotter Foundation
Philadelphia, PA
$23,009,013
Lumina Foundation For Education Inc
Indianapolis, IN
$124,727,424
Pnc Foundation
Pittsburgh, PA
$3,451,991
Sarah Scaife Foundation Inc
Pittsburgh, PA
$79,121,296
J Howard Pew Freedom Tr
Philadelphia, PA
$64,346,772
Mccune Foundation
Pittsburgh, PA
$38,182,239
The Meijer Foundation
Grand Rapids, MI
$43,970,388
Nationwide Foundation
Columbus, OH
$42,470,606
Dietrich Foundation
Pittsburgh, PA
$93,476,192
Ford Motor Co Fund
Dearborn, MI
$51,364,996
Farmer Family Foundation
Cincinnati, OH
$63,392,827

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