Michael Klein Foundation

Private foundation · Grantmaker Redondo Beach, CA EIN: 30-6070695

Michael Klein Foundation is a private foundation, based in Redondo Beach, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $204K in total assets. In 2024, it awarded 1 grant totaling $1K. Net investment income was $126K.

Michael Klein Foundation at a glance

In short: Michael Klein Foundation gave $1K across 1 grant in 2024 (avg $1K), mostly in California. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$1,030
-90.2% vs 2023
Grants made (2024)
1
-50.0% vs 2023
Average grant
$1,030
-80.4% vs 2023
Median grant
$1,030
Total assets
$203,698
+125.8% vs 2023
Primary geography
California (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Michael Klein Foundation funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Connecting to Cure Crohn's and Colitis: $1KConnecting to Cure Crohn's andColitis$1K

The largest 2024 recipient was Connecting to Cure Crohn's and Colitis ($1K).

Grant Size Distribution

20 grants across all recorded years

20<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 20 grants of 20 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states

Share of the 2024 grant dollars on its one itemized grant.

Cities

Los AngelesMiamiBeverly HillsSanta MonicaAlexandriaChicagoHattiesburgImperialIndianapolisMiami GardensNew YorkProvidenceRock HillSan Ysidro

How Michael Klein Foundation gives

  • Giving fell 95% from 2021 to 2024. Method
  • In 2024 it paid out 299% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K8 grants2020 5 grants2021 4 grants2022 2 grants2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $1K (2024) to $53K (2020). In 2024 it made 1 grant totaling $1K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Connecting to Cure Crohn's and Colitis Beverly Hills, CAto support Team Benjamin King FOR CTOC$1,030
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$203,698$125,998$12,522$1,0301$12,507$125,983$4,189
2023$90,222$33,982$20,228$10,5002$20,228$33,982$2,546
2022$76,468$3,437$13,676$13,6504$13,676$3,437$3,645
2021$86,707$-96,225$21,210$21,0005$21,210$285$6,560
2020$204,142$-78,131$57,291$53,0008—$343$11,135

Under IRS private-foundation payout rules, Michael Klein Foundation reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Michael Klein Foundation is led by Michael G. Klein, Trustee on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • Michael G. Klein

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Michael Klein Foundation

How much does Michael Klein Foundation give each year?

Michael Klein Foundation gave $1K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $11K across 2 grants.

How large is Michael Klein Foundation?

Michael Klein Foundation reported $204K in total assets on its 2024 IRS Form 990-PF. It paid out $13K in qualifying distributions that year, against a required minimum of $4K (roughly 5% of its investment assets).

Where does Michael Klein Foundation operate?

Michael Klein Foundation has awarded grants in California, Florida, Illinois, Indiana, Missouri, Mississippi, New York, Rhode Island, South Carolina, Virginia.

What is Michael Klein Foundation's EIN?

Michael Klein Foundation's EIN (Employer Identification Number) is 30-6070695. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Michael Klein Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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