David L Klein Jr Foundation

KING OF PRUSSIA, PA EIN: 13-6085432

The David L Klein Jr Foundation is a private 501(c)(3) foundation based in King of Prussia, Pennsylvania. Incorporated in 1959 in New York, the foundation has maintained tax-exempt status since May 1961. It operates as a family foundation with a focus on philanthropic grantmaking across multiple sectors.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.4M

+0.6% YoY

Annual Giving

$283K

-3.9% YoY

Grant Count

+3.7% YoY

Avg Grant Size

$10K

-7.3% YoY

Under IRS private-foundation payout rules, David L Klein Jr Foundation reported a distributable amount of $332K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's giving priorities include:

Education
Human Services
Philanthropy and Voluntarism
Arts and Culture (including support for theatre programming and interpretative initiatives)
Healthcare (including support for visiting doctors programs and hospital outreach)

Grantmaking

The foundation made 35 grants in 2024, with total giving of $283,000–$286,442. Historical grant data shows 58 grants awarded across multiple years.

Grant Range

Average Grant

amount:** Varies by program

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in:

New York
Connecticut
District of Columbia

Grant Distribution by State

California $2.2M (60%)

New York $1.0M (29%)

Connecticut $215K (6%)

District of Columbia $87K (2%)

Washington $38K (1%)

Massachusetts $26K (1%)

Maryland $18K (0%)

New Hampshire $15K (0%)

+2 more states

States

California Connecticut District of Columbia Massachusetts Maryland Maine New Hampshire New York Ohio Washington

Cities

BaltimoreBostonBridgtonBrooklynCornwall BridgeEtnaGarrisonKatonahNew HavenNew LondonNew YorkNovatoOberlinPortlandSan FranciscoSeattleVeniceWashingtonWashington DepotWaterville

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year Ending December 2024:

Total Assets: $4,431,665
Total Revenue: $337,276
Total Expenses: $312,338
Total Liabilities: $0
Total Giving: $283,000–$286,442
Giving Rate: 6.5%

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$4,431,665	$4,406,727	$4,511,417
Revenue	$337,276	$214,366	$173,421
Expenses	$312,338	$319,056	$305,548
Qualifying Distributions	$286,442	$298,150	$276,782
Net Investment Income	$314,485	$193,460	$150,810
Distributable Amount	$332,185	$298,787	$303,151

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

150 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Metropolitan Museum of Art ($30,000), Housatonic Valley Association Inc ($25,000), Literacy Inc ($20,000).

Recipient	Purpose	Amount
BLANK FORMS INC BROOKLYN, NY	OPERATING SUPPORT	$2,000
BROOKLYN ACADEMY OF MUSIC INC BROOKLYN, NY	OPERATING SUPPORT	$9,000
EVERYTOWN FOR GUN SAFETY SUPPORT FUND INC NEW YORK, NY	OPERATING SUPPORT	$10,000
FILM FORUM INC NEW YORK, NY	OPERATING SUPPORT	$10,000
FRIENDS OF DISCOVERY PARK SEATTLE, WA	OPERATING SUPPORT	$2,000
HOUSATONIC VALLEY ASSOCIATION INC CORNWALL BRIDGE, CT	OPERATING SUPPORT	$25,000
HUNGER FREE AMERICA NEW YORK, NY	OPERATING SUPPORT	$5,000
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI NEW YORK, NY	SUPPORT FOR VISITING DOCTORS PROGRAM	$15,000
INTERNATIONAL CENTER OF MEDIEVAL ART NEW YORK, NY	OPERATING SUPPORT	$5,000
INTERNATIONAL RESCUE COMMITTEE INC NEW YORK, NY	OPERATING SUPPORT	$13,000

Leadership & Key People

Leadership team and compensation from IRS filings

Jane Barnet – President (1 hour/week)
Howard J Barnet Jr – Treasurer (1 hour/week)
Peter Barnet – Secretary (1 hour/week)

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JANE BARNET	PRESIDENT	1	—
HOWARD J BARNET JR	TREASURER	1	—
PETER BARNET	SECRETARY	1	—

Contact Information

Address: 150 S Warner Road, Suite 310, King of Prussia, PA 19406

Telephone: (800) 839-1754

Frequently Asked Questions

What does David L Klein Jr Foundation fund?

The foundation's giving priorities include: • **Education** • **Human Services** • **Philanthropy and Voluntarism** • **Arts and Culture** (including support for theatre programming and interpretative initiatives) • **Healthcare** (including support for visiting doctors programs and hospital outreach)

How do I apply for a grant from David L Klein Jr Foundation?

The foundation made 35 grants in 2024, with total giving of $283,000–$286,442. Historical grant data shows 58 grants awarded across multiple years. • **Typical award range:** $2,000–$42,500 • **Median grant amount:** $12,000 • **Average grant amount:** Varies by program The foundation administers several named grant programs: • **Operating Support:** $9,591 average, 44 recipients (last awarded 2024) • **Support for Scholarship Fund:** $4,333 average, 2 recipients (last awarded 2024) • **Support…

Where does David L Klein Jr Foundation make grants?

The foundation primarily funds organizations in: • New York • Connecticut • District of Columbia

What size grants does David L Klein Jr Foundation award?

In 2024, David L Klein Jr Foundation awarded 28 grants totaling $283K — an average of about $10K per grant, based on its IRS Form 990 filings.

How much is David L Klein Jr Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, David L Klein Jr Foundation reported a distributable amount of $332K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.