Stephen Klotz Family Foundation

GRAND RAPIDS, MI EIN: 47-4307735

Stephen Klotz Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GRAND RAPIDS, MI. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $12.0M in total assets. In 2024, it awarded 1 grants totaling $432K. Net investment income was $1.5M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$12.0M

+23.9% YoY

Annual Giving

$432K

+19.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$432K

+19.9% YoY

Under IRS private-foundation payout rules, Stephen Klotz Family Foundation reported a distributable amount of $517K for 2024 — the minimum it must pay out in qualifying distributions.

About Stephen Klotz Family Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Michigan $1.1M (100%)

States

Michigan

Cities

Ada

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$12,030,151	$9,707,014	$8,563,990
Revenue	$2,831,916	$1,589,445	$3,300,218
Expenses	$508,779	$446,421	$389,269
Qualifying Distributions	$431,500	$360,000	$332,500
Net Investment Income	$1,482,654	$1,008,024	$1,247,609
Distributable Amount	$517,295	$426,588	$363,229

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

3 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include See Attachment ($431,500).

Recipient	Purpose	Amount
SEE ATTACHMENT ADA, MI	UNRESTRICTED GIFTS TO GENERAL FUNDS	$431,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
STEPHEN J KLOTZ	TRUSTEE	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Stephen Klotz Family Foundation?

Stephen Klotz Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GRAND RAPIDS, MI. It holds $12.0M in total assets as of 2024.

How large is Stephen Klotz Family Foundation?

As of 2024, Stephen Klotz Family Foundation holds $12.0M in total assets with $2.8M in annual revenue. It awarded 1 grants totaling $432K in 2024.

Where does Stephen Klotz Family Foundation operate?

Stephen Klotz Family Foundation has awarded grants in Michigan.

What size grants does Stephen Klotz Family Foundation award?

In 2024, Stephen Klotz Family Foundation awarded 1 grants totaling $432K — an average of about $432K per grant, based on its IRS Form 990 filings.

How much is Stephen Klotz Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Stephen Klotz Family Foundation reported a distributable amount of $517K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Stephen Klotz Family Foundation's EIN?

Stephen Klotz Family Foundation's EIN (Employer Identification Number) is 47-4307735. IRS Form 990 filing data is available on this page for 2022–2024.