The Marcia & Michael Klein Foundation
The Marcia & Michael Klein Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LONGBOAT KEY, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.1M in total assets. In 2024, it awarded 6 grants totaling $295K. Net investment income was $178K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.1M
-2.9% YoY
Annual Giving
$295K
-0.3% YoY
Grant Count
6
-25.0% YoY
Avg Grant Size
$49K
+32.9% YoY
Under IRS private-foundation payout rules, The Marcia & Michael Klein Foundation reported a distributable amount of $303K for 2024 — the minimum it must pay out in qualifying distributions.
About The Marcia & Michael Klein Foundation
Based on IRS filings
The Marcia & Michael Klein Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LONGBOAT KEY, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.1M in total assets. In 2024, it awarded 6 grants totaling $295K. Net investment income was $178K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,119,853 | $5,274,200 | — |
| Revenue | $206,911 | $357,576 | $422,391 |
| Expenses | $324,026 | $299,280 | $341 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $178,382 | $297,089 | $422,391 |
| Distributable Amount | $303,024 | $285,480 | $300,119 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
31 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Jewish Federation ($75,000), Sarasota Memorial Hospital ($65,000), Friends of Israel ($64,000).
| Recipient | Purpose | Amount |
|---|---|---|
| American Israel Education Foundatio Washington, DC | Education | $26,000 |
| Friends of Israel New York, NY | wellbeing of the soldiers of the Israel | $64,000 |
| Jewish Federation Bloomfield Hills, MI | Camp | $75,000 |
| Sarasota Memorial Hospital Sarasota, FL | Healcare | $65,000 |
| Selby Education Sarasota, FL | Education | $40,000 |
| University of Michigan Ann Arbor, MI | Professorship | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| John P Fioritto | Treasurer | 1 | — |
| Michael H Klein | President | 2 | — |
| Michael H Klein | Trustee | 2 | — |
| Marcia S Klein | Secretary | 2 | — |
| Marica S Klein | Trustee | 2 | — |
| John P Fioritto | Trustee | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Marcia & Michael Klein Foundation?
The Marcia & Michael Klein Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in LONGBOAT KEY, FL. It holds $5.1M in total assets as of 2024.
How large is The Marcia & Michael Klein Foundation?
As of 2024, The Marcia & Michael Klein Foundation holds $5.1M in total assets with $207K in annual revenue. It awarded 6 grants totaling $295K in 2024.
Where does The Marcia & Michael Klein Foundation operate?
The Marcia & Michael Klein Foundation has awarded grants in District of Columbia, Florida, Michigan, New York.
What size grants does The Marcia & Michael Klein Foundation award?
In 2024, The Marcia & Michael Klein Foundation awarded 6 grants totaling $295K — an average of about $49K per grant, based on its IRS Form 990 filings.
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 2024, The Marcia & Michael Klein Foundation reported a distributable amount of $303K 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 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.