The Michael and Nancy Klein Foundation
The Michael and Nancy Klein Foundation is a private foundation established in 2007 and based in Oxford, Maryland. The foundation distributes interest and dividends earned on investments, investment income from pass-through entities, and realized gains from the sale of investment securities to support various charitable organizations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.2M
+32.1% YoY
Annual Giving
$630K
+36.4% YoY
Grant Count
21
+0.0% YoY
Avg Grant Size
$30K
+36.4% YoY
Under IRS private-foundation payout rules, The Michael and Nancy Klein Foundation reported a distributable amount of $257K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation does not maintain a publicly listed website or specified subject areas of focus. However, its grantmaking demonstrates support across multiple sectors including education, human services, philanthropy and voluntarism, and community development. The foundation primarily funds operating expenses for selected organizations.
Grantmaking
The foundation made 21 grants in 2024, with total giving of approximately $630,287. Grant sizes range from $1,000 to $250,000, with a median grant of $15,000.
Grant Range
s range from $1,000 to $250,000, with a median grant of $15,000.
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation supports initiatives across multiple states and cities, including:
States: Colorado, Delaware, Maryland, New York, Ohio, and Virginia
Cities: Abingdon, Baltimore, Colorado Springs, Easton, Glen Burnie, McLean, Newark, Oxford, Rye Brook, St. Michaels, Toledo, and Trappe
The majority of grantmaking activity appears concentrated in Maryland, particularly in Talbot County communities including Oxford and Easton.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2024)
- Total Assets: $4,211,298
- Total Revenues: $1,661,491
- Total Expenses: $638,183
- Total Giving: $630,287
Staffing
The foundation operates with no paid employees and limited staffing, relying on volunteer leadership.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,211,298 | $3,188,587 | $3,469,939 |
| Revenue | $1,661,491 | $191,456 | $334,314 |
| Expenses | $638,183 | $466,765 | $396,465 |
| Qualifying Distributions | $630,287 | $462,000 | $388,500 |
| Net Investment Income | $1,657,595 | $186,691 | $328,299 |
| Distributable Amount | $256,606 | $252,468 | $258,806 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
107 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Svdp of Easton ($250,000), Chesapeake Multicultural Resource Center ($100,287), Partner for Surgery Inc ($35,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CHESAPEAKE MULTICULTURAL RESOURCE CENTER EASTON, MD | OPERATING FUNDS | $100,287 |
| CHILDREN'S HOME FOUNDATION EASTON, MD | OPERATING FUNDS | $5,000 |
| CRITCHLOW ADKINS CHILDREN'S CENTER EASTON, MD | OPERATING FUNDS | $30,000 |
| DOVE FUND TOLEDO, OH | OPERATING FUNDS | $20,000 |
| HABITAT FOR HUMANITY CHOPTANK TRAPPE, MD | OPERATING FUNDS | $15,000 |
| HOLY TRINITY CHURCH GLEN BURNIE, MD | OPERATING FUNDS | $25,000 |
| IMAGINATION LIBRARY OF TALBOT COUNTY EASTON, MD | OPERATING FUNDS | $10,000 |
| JUNIOR ACHIEVEMENT USA COLORADO SPRINGS, CO | OPERATING FUNDS | $10,000 |
| OXFORD COMMUNITY CENTER OXFORD, MD | OPERATING FUNDS | $25,000 |
| OXFORD KIDS CAMP OXFORD, MD | OPERATING FUNDS | $10,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Michael Klein serves as President of the foundation and receives no compensation for this role.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL KLEIN | PRESIDENT | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Michael and Nancy Klein Foundation fund?
The foundation does not maintain a publicly listed website or specified subject areas of focus. However, its grantmaking demonstrates support across multiple sectors including education, human services, philanthropy and voluntarism, and community development. The foundation primarily funds operating expenses for selected organizations.
How do I apply for a grant from The Michael and Nancy Klein Foundation?
**Grant Activity** The foundation made 21 grants in 2024, with total giving of approximately $630,287. Grant sizes range from $1,000 to $250,000, with a median grant of $15,000. **Recent Grant Recipients (2024)** Notable 2024 grants include: • SVDP of Easton: $250,000 • Chesapeake Multicultural Resource Center: $100,287 • Critchlow Adkins Children's Center: $30,000 • Partner for Surgery: $35,000 • Talbot Hospice: $25,000 • Oxford Community Center: $25,000 • YMCA of the Chesapeake: $15,000 • St.…
Where does The Michael and Nancy Klein Foundation make grants?
The foundation supports initiatives across multiple states and cities, including: **States:** Colorado, Delaware, Maryland, New York, Ohio, and Virginia **Cities:** Abingdon, Baltimore, Colorado Springs, Easton, Glen Burnie, McLean, Newark, Oxford, Rye Brook, St. Michaels, Toledo, and Trappe The majority of grantmaking activity appears concentrated in Maryland, particularly in Talbot County communities including Oxford and Easton.
What size grants does The Michael and Nancy Klein Foundation award?
In 2024, The Michael and Nancy Klein Foundation awarded 21 grants totaling $630K — an average of about $30K per grant, based on its IRS Form 990 filings.
How much is The Michael and Nancy Klein Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Michael and Nancy Klein Foundation reported a distributable amount of $257K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Michael and Nancy Klein Foundation's EIN?
The Michael and Nancy Klein Foundation's EIN (Employer Identification Number) is 26-1526770. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Michael and Nancy Klein Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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