The Marcia & Michael Klein Foundation
The Marcia & Michael Klein Foundation is a private foundation, based in Longboat Key, FL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $5.0M in total assets. In 2025, it awarded 6 grants totaling $311K. Net investment income was $204K.
The Marcia & Michael Klein Foundation at a glance
In short: The Marcia & Michael Klein Foundation gave $311K across 6 grants in 2025 (avg $52K), top state Florida. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $311,000
- +5.4% vs 2024
- Grants made (2025)
- 6
- +0.0% vs 2024
- Average grant
- $51,833
- +5.4% vs 2024
- Median grant
- $45,000
- Total assets
- $5,004,670
- -2.2% vs 2024
- Primary geography
- Florida (42% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Marcia & Michael Klein Foundation funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
The largest 2025 recipient was Sarasota Memorial Hospital ($91K). Together the top 6 received $311K.
Grant Size Distribution
32 grants across all recorded years
The most common grant size was under $50K: 19 grants of 32 (59%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 6 itemized grants.
Cities
How The Marcia & Michael Klein Foundation gives
- Giving held roughly steady from 2022 to 2025 (+15%). Method
- In 2021 it paid out 88% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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
From 2019 to 2025, annual grant giving ranged from $220K (2019) to $311K (2025). In 2025 it made 6 grants totaling $311K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Sarasota Memorial Hospital Sarasota, FL | Healcare | $91,000 |
| Jewish Federation Bloomfield Hills, MI | Camp | $75,000 |
| Friends of Israel New York, NY | wellbeing of the soldiers of the Israel | $50,000 |
| Selby Education Sarasota, FL | Education | $40,000 |
| American Israel Education Foundatio Washington, DC | Education | $30,000 |
| University of Michigan Ann Arbor, MI | Professorship | $25,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $5,004,670 | $232,941 | $341,821 | $311,000 | 6 | — | $203,739 | $316,995 |
| 2024 | $5,119,853 | $206,911 | $324,026 | $295,000 | 6 | — | $178,382 | $303,024 |
| 2023 | $5,274,200 | $357,576 | $299,280 | $296,000 | 8 | — | $297,089 | $285,480 |
| 2022 | — | $422,391 | $341 | $271,000 | 7 | — | $422,391 | $300,119 |
| 2021 | $5,014,239 | $1,367,757 | $289,728 | $250,000 | 5 | $250,000 | $359,796 | $285,404 |
| 2020 | $3,944,043 | $236,723 | $230,000 | $230,000 | 5 | — | $147,145 | $242,913 |
| 2019 | $3,953,978 | $149,947 | $220,032 | $220,000 | 6 | — | $55,212 | $225,521 |
Under IRS private-foundation payout rules, The Marcia & Michael Klein Foundation reported a distributable amount of $317K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Marcia & Michael Klein Foundation is led by Michael H Klein, President & Trustee since 2021 (on filings since 2019); none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Michael H Klein
President & Trustee
President, Treasurer & Trustee → President & Trustee, 2021
On filings since 2019
2 hrs/week
No compensation reported
John P Fioritto
Treasurer & Trustee
Trustee → Treasurer & Trustee, 2021
On filings since 2019
1 hr/week
No compensation reported
Marica S Klein
Trustee
On filings since 2019
2 hrs/week
No compensation reported
Marcia S Klein
Secretary
Vice President & Secretary → Secretary, 2021
On filings since 2019
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "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 The Marcia & Michael Klein Foundation
How much does The Marcia & Michael Klein Foundation give each year?
The Marcia & Michael Klein Foundation gave $311K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $295K across 6 grants.
What is The Marcia & Michael Klein Foundation's typical grant size?
The Marcia & Michael Klein Foundation's median grant in 2025 was $45,000, and its average grant was $51,833, across 6 grants on its 2025 IRS Form 990-PF.
Where does The Marcia & Michael Klein Foundation give grants?
The Marcia & Michael Klein Foundation's top state is Florida, with 42% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Michigan (32%) and New York (16%). The most frequent recipient cities were Sarasota, FL (2 grants).
Does The Marcia & Michael Klein Foundation give general operating support?
Not in 2025: none of the 6 grants with a stated purpose on The Marcia & Michael Klein Foundation's 2025 IRS Form 990-PF were described as general or operating support.
Who are The Marcia & Michael Klein Foundation's largest grantees?
The Marcia & Michael Klein Foundation's largest 2025 grantees include Sarasota Memorial Hospital ($91,000), Jewish Federation ($75,000) and Friends of Israel ($50,000), according to its 2025 IRS Form 990-PF. Together they received 69% of its itemized 2025 grant dollars.
How large is The Marcia & Michael Klein Foundation?
The Marcia & Michael Klein Foundation reported $5.0M in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $233K.
How much is The Marcia & Michael Klein Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, The Marcia & Michael Klein Foundation reported a distributable amount of $317K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Marcia & Michael Klein Foundation's EIN?
The Marcia & Michael Klein Foundation's EIN (Employer Identification Number) is 26-1597287. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS June 12, 2020)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 15, 2023)
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 3, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
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