The Raymond Klein Charitable Foundation
The Raymond Klein Charitable Foundation is a private foundation based in Philadelphia, Pennsylvania. Established in 1988, it operates as a 501(c)(3) organization with no paid staff, relying on volunteer leadership to direct its philanthropic activities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.7M
+12.4% YoY
Annual Giving
$374K
+2.7% YoY
Grant Count
17
-26.1% YoY
Avg Grant Size
$22K
+39.0% YoY
Under IRS private-foundation payout rules, The Raymond Klein Charitable Foundation reported a distributable amount of $363K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports religious, charitable, educational, and other programs through grants to nonprofit organizations. Primary funding areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Immigration-related nonprofits
- Reproductive health
The foundation has demonstrated particular commitment to supporting organizations serving the Philadelphia region, including KleinLife and Atidim.
Grantmaking
The foundation has no formal application process and no stated deadlines or restrictions. This suggests a preselected grantmaking approach where the foundation identifies and approaches potential grantees directly.
Grant Range
$1,500 to $200,000
Average Grant
$15,700
Review Cycle
or restrictions. This suggests a preselected grantmaking approach where the foundation identifies and approaches potential grantees directly.
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Pennsylvania, New Jersey, and Maryland, with particular emphasis on the Philadelphia area.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Fiscal Year (FYE October 2023):
- Total assets: $4,146,292
- Total revenues: $186,724
- Total expenses: $399,213
- Total giving: $329,000–$374,400
Investment Income:
- Investment income and dividends: $123,329 (FYE 10/2023)
The foundation's revenue is primarily derived from investment income rather than new contributions.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,660,921 | $4,146,292 | $4,358,781 |
| Revenue | $912,824 | $186,724 | $796,213 |
| Expenses | $398,195 | $399,213 | $350,085 |
| Qualifying Distributions | $384,026 | $366,202 | $333,001 |
| Net Investment Income | $898,655 | $173,578 | $781,599 |
| Distributable Amount | $363,377 | $349,575 | $353,028 |
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
80 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include American Friends of Libi ($200,000), One Family Fund ($25,000), Project Home ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN FRIENDS OF LIBI BRIGHTON, MA | OPERATING SUPPORT | $200,000 |
| CONGREGATION ADATH JESHURUN ELKINS PARK, PA | OPERATING SUPPORT | $10,000 |
| CYSTIC FIBROSIS RESEARCH FUND DBA EMILY'S ENTOURAGE MERION STATION, PA | OPERATING SUPPORT | $10,000 |
| GLOBAL PHILADELPHIA ASSOCIATION INC PHILADELPHIA, PA | SUPPORT FOR WORLD HERITAGE CITY CELEBRATION | $1,500 |
| JACK M BARRACK HEBREW ACADEMY BRYN MAWR, PA | SUPPORT FOR 2023-24 GALA | $10,000 |
| JEFFERSON PHILADELPHIA, PA | SUPPORT FOR JEFFERSON GALA | $10,000 |
| JEWISH EDUCATION CENTER OF SOUTH FLORIDA BOCA RATON, FL | OPERATING SUPPORT | $5,000 |
| JEWISH RELIEF AGENCY BALA CYNWYD, PA | SUPPORT FOR THE FIGHT FOR RELIEF | $5,000 |
| LEGACY YOUTH TENNIS AND EDUCATION PHILADELPHIA, PA | SUPPORT FOR ANNUAL BENEFIT EVENT | $10,000 |
| MEOR FOUNDATION SILVER SPRING, MD | OPERATING SUPPORT | $10,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Stephen B. Klein — Trustee (1 hour per week, no compensation)
Contact: 1600 Market Street, Suite 3150, Philadelphia, PA 19103 | (215) 751-9600
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEPHEN B KLEIN | TRUSTEE | 1 | — |
Frequently Asked Questions
What does The Raymond Klein Charitable Foundation fund?
The foundation supports religious, charitable, educational, and other programs through grants to nonprofit organizations. Primary funding areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Immigration-related nonprofits • Reproductive health The foundation has demonstrated particular commitment to supporting organizations serving the Philadelphia region, including KleinLife and Atidim.
How do I apply for a grant from The Raymond Klein Charitable Foundation?
**Grant Activity:** • Made 21 grants in the most recent fiscal year • Grant range: $1,500 to $200,000 • Median grant size: $10,000 • Average grant size: $15,700 **Recent Grants (2023):** • Jewish Federation of Greater Philadelphia (Kleinlife): $105,000 • One Family Fund: $50,000 • The Chevra: $50,000 **Application Process:** The foundation has no formal application process and no stated deadlines or restrictions. This suggests a preselected grantmaking approach where the foundation identifies a…
Where does The Raymond Klein Charitable Foundation make grants?
The foundation primarily funds organizations in Pennsylvania, New Jersey, and Maryland, with particular emphasis on the Philadelphia area.
What size grants does The Raymond Klein Charitable Foundation award?
In 2024, The Raymond Klein Charitable Foundation awarded 17 grants totaling $374K — an average of about $22K per grant, based on its IRS Form 990 filings.
How much is The Raymond Klein Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Raymond Klein Charitable Foundation reported a distributable amount of $363K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Raymond Klein Charitable Foundation's EIN?
The Raymond Klein Charitable Foundation's EIN (Employer Identification Number) is 23-2535513. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Raymond Klein Charitable 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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