The Klein Foundation

Foundation · Grantmaker Marble Falls, TX EIN: 75-2555667

The Klein Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Marble Falls, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $16K in total assets. In 2024, it awarded 7 grants totaling $327K.

Key facts about The Klein Foundation

EIN: 75-2555667
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $326,534
Grants made (2024): 7
Average grant: $46,648
Median grant: $30,000
Total assets: $16,462
Primary geography: Texas (100% of itemized 2024 grant dollars)

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

Who The Klein Foundation funds

By grant dollars, the top recipient states for The Klein Foundation's 7 itemized 2024 grants were Texas (100%). The most frequent recipient cities were Austin, TX (7 grants). None of its 7 grants with a stated purpose were described as general or operating support. Recurring purposes include "Support of Public Education" (7 grants).

How The Klein Foundation gives

Giving grew 316% from 2021 to 2024. Method
In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

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

Next steps with The Klein Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$16K

+760.1% YoY

Annual Giving

$327K

+268.4% YoY

Grant Count

+75.0% YoY

Avg Grant Size

$47K

+110.5% YoY

Under IRS private-foundation payout rules, The Klein Foundation reported a distributable amount of $228 for 2024 — the minimum it must pay out in qualifying distributions.

About The Klein 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

Texas $327K (100%)

Share of all 7 itemized 2024 grant dollars.

States

Texas

Cities

Austin

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$16,462	$1,914	$1,970
Revenue	$366,500	$121,000	$162,755
Expenses	$351,952	$121,056	$165,895
Qualifying Distributions	$351,012	$119,894	$164,703
Net Investment Income	—	—	—
Distributable Amount	$228	$99	$176

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

20 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Austin Ed Fund ($276,534 across 5 grants), The University of Texas at Austin ($50,000 across 2 grants).

Recipient	Purpose	Amount
AUSTIN ED FUND Austin, TX	SUPPORT OF PUBLIC EDUCATION	$111,111
AUSTIN ED FUND Austin, TX	SUPPORT OF PUBLIC EDUCATION	$111,111
AUSTIN ED FUND Austin, TX	SUPPORT OF PUBLIC EDUCATION	$33,645
THE UNIVERSITY OF TEXAS AT AUSTIN Austin, TX	SUPPORT OF PUBLIC EDUCATION	$30,000
THE UNIVERSITY OF TEXAS AT AUSTIN Austin, TX	SUPPORT OF PUBLIC EDUCATION	$20,000
AUSTIN ED FUND Austin, TX	SUPPORT OF PUBLIC EDUCATION	$16,667
AUSTIN ED FUND Austin, TX	SUPPORT OF PUBLIC EDUCATION	$4,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Michael L Klein	Pres/Trustee	1	—
Jeanne Lee Klein	VP/Sec/Tr/TT	1	—
Jacquelyn Klein Brown	Trustee	0.1	—
Eric Klein	Trustee	0.1	—
Quincy James Lee	Trustee	0.1	—
Zachry Steven Lee	Trustee	0.1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Klein Foundation?

The Klein Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Marble Falls, TX. It holds $16K in total assets as of 2024.

How large is The Klein Foundation?

As of 2024, The Klein Foundation holds $16K in total assets with $367K in annual revenue. It awarded 7 grants totaling $327K in 2024.

Where does The Klein Foundation operate?

The Klein Foundation has awarded grants in Texas.

What size grants does The Klein Foundation award?

In 2024, The Klein Foundation awarded 7 grants totaling $327K — an average of about $47K per grant, based on its IRS Form 990 filings.

How much is The Klein Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Klein Foundation reported a distributable amount of $228 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.