Klein Tools Inc Charitable Foundation

LINCOLNSHIRE, IL EIN: 36-3407613

Klein Tools Inc Charitable Foundation is a private foundation, based in LINCOLNSHIRE, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $285K in total assets. In 2024, it awarded 1 grants totaling $3K. Net investment income was $6K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$285K

+0.4% YoY

Annual Giving

$3K

-91.8% YoY

Grant Count

-75.0% YoY

Avg Grant Size

$3K

-67.2% YoY

Under IRS private-foundation payout rules, Klein Tools Inc Charitable Foundation reported a distributable amount of $14K for 2024 — the minimum it must pay out in qualifying distributions.

About Klein Tools Inc Charitable Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $88K (47%)

Virginia $25K (13%)

Florida $24K (13%)

North Carolina $22K (12%)

Arizona $15K (8%)

Pennsylvania $6K (3%)

Illinois $5K (3%)

Tennessee $3K (1%)

+2 more states

States

Arizona Florida Georgia Illinois Michigan North Carolina Pennsylvania Tennessee Texas Virginia

Cities

AustinCharlotteChicagoDallasDes PlainesDouglassvilleFort WorthFreelandHillsdaleHoustonKennesawLeesburgMansfieldMemphisOdessaPhoenixWellington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$284,709	$283,695	$316,707
Revenue	$9,527	$7,800	$1,321
Expenses	$8,513	$40,813	$22,906
Qualifying Distributions	$5,173	$35,435	$20,547
Net Investment Income	$5,960	$2,574	—
Distributable Amount	$13,886	$14,542	$15,978

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

32 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include St Jude Children's Research Hospital ($2,500).

Recipient	Purpose	Amount
ST JUDE CHILDREN'S RESEARCH HOSPITAL MEMPHIS, TN	GENERAL	$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
SARA J KLEIN	PRESIDENT	1	—
THOMAS R KLEIN	SECRETARY/TREASURER	1	—
LEAH FOX	DIRECTOR	—	—
DAVID KLEIN	DIRECTOR	—	—

Frequently Asked Questions

How large is Klein Tools Inc Charitable Foundation?

As of 2024, Klein Tools Inc Charitable Foundation holds $285K in total assets with $10K in annual revenue. It awarded 1 grants totaling $3K in 2024.

Where does Klein Tools Inc Charitable Foundation operate?

Klein Tools Inc Charitable Foundation has awarded grants in Arizona, Florida, Georgia, Illinois, Michigan, North Carolina, Pennsylvania, Tennessee, Texas, Virginia.

What size grants does Klein Tools Inc Charitable Foundation award?

In 2024, Klein Tools Inc Charitable Foundation awarded 1 grants totaling $3K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Klein Tools Inc Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Klein Tools Inc Charitable Foundation reported a distributable amount of $14K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Klein Tools Inc Charitable Foundation's EIN?

Klein Tools Inc Charitable Foundation's EIN (Employer Identification Number) is 36-3407613. IRS Form 990 filing data is available on this page for 2020–2024.