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EIN 04-3105768

Klarman Family Foundation

IRS 501(c) type
501(c)(3)
Num. employees
13
City
Boston
State
Massachusetts
Year formed
1991
Most recent tax filings
2022-12-01
NTEE code, primary
T20: Private Foundations
Description
The Klarman Family Foundation seeks to identify areas of unmet need and to advance solutions to addressing them. Their intention as a Foundation is to help make measurable progress in improving the lives of others.
Also known as...
Klarman Seth A Ttee
Total revenues
$132,725,348
2022
Total expenses
$106,605,858
2022
Total assets
$781,032,266
2022
Num. employees
13
2022

Program areas at Klarman Family Foundation

Home funders collaborative llc was created to address The unprecedented crisis in affordable housing for very low-income families in Massachusetts. Based on The belief that without adequate housing all other social investments are at risk, The collaborative provides low-cost financing to low-income housing projects. Loans are used to finance new construction, redevelop foreclosed properties to include units for extremely low income families, and preserve "expiring use" rental units.

Grants made by Klarman Family Foundation

GranteeGrant descriptionAmount
New Venture FundHealthy Democracy: To Support the Voter Engagement Fund for Fiscal Years 2021 and 2022$5,000,000
ClimateWorks FoundationClimate: To Support the Forests for People and Climate Initiative for Fiscal Years 2022 - 2026$4,000,000
Israel-Texas Science and Education FoundationMedical and Scientific Research: To Support Research Grants Within the Framework of the Israel Precision Medicine Partnership$3,352,638
...and 268 more grants made totalling $69,723,383

Personnel at Klarman Family Foundation

NameTitleCompensation
Steven MooreChief Operating Officer$325,500
Jonathan HorowitzChief Program Officer$280,000
Kim Philbrick McCabePresident$464,000
Yulya SpantchakDirector, Strategy and Learning
Erin PetersonDirector , Grantmaking / Director , Grantmakin / Senior Grants Manager$210,000
...and 5 more key personnel

Financials for Klarman Family Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$51,200,004
Investment income and dividends$1,160,173
Net rental income$0
Net gain from sale of non-inventory assets$67,281,979
Gross sales of inventory$0
Miscellaneous revenues$13,083,192
Total revenues$132,725,348

Form 990s for Klarman Family Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-08990PFView PDF
2021-122022-11-07990PFView PDF
2020-122021-11-09990PFView PDF
2019-122021-06-14990PFView PDF
2018-122020-02-14990PFView PDF
...and 7 more Form 990s

Organizations like Klarman Family Foundation

OrganizationLocationRevenue
Saul Zaentz Charitable FoundationGlenview, IL$92,529,541
Novo FoundationKingston, NY$332,640,783
Amon G. Carter Foundation (AGCF)Fort Worth, TX$55,647,607
Lennar FoundationMiami, FL$40,068,818
The Morningstar FoundationBethesda, MD$39,711,625
William Penn FoundationPhiladelphia, PA$79,917,908
Breakthrough Prize FoundationWashington, DC$48,295,695
C E and S FoundationLouisville, KY$40,434,993
JE and LE Mabee FoundationMidland, TX$130,151,698
Sherman Fairchild FoundationChevy Chase, MD$58,536,264
Data update history
January 25, 2024
Updated personnel
Identified 1 new personnel
January 1, 2024
Posted financials
Added Form 990PF for fiscal year 2022
January 1, 2024
Updated personnel
Identified 1 new personnel
December 25, 2023
Used new vendors
Identified 1 new vendor, including
July 14, 2023
Posted financials
Added Form 990PF for fiscal year 2021
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedNational levelTax deductible donations
General information
Address
PO Box 171627
Boston, MA 02117
Metro area
Boston-Cambridge-Newton, MA-NH
County
Suffolk County, MA
Website URL
klarmanfoundation.org/ 
Phone
(617) 236-7909
IRS details
EIN
04-3105768
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1991
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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