Skip to main content
Filing year 2023

The Klarman Family Foundation

Boston, Massachusetts·EIN 04-3105768·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$72.5M
Total assets
$744M
Total expenses
$109.5M
Reported officers
4

Executive compensation

Form 990-PF · Part VIII · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts.

President
Board President
Above 90th percentile
$498k
$556k
Chief Operating Officer
Above 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$356k
$398k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at The Klarman Family Foundation equaled 0.5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
0.5%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$90M

Itemized grants

328

Median grant

$100k

RecipientLocationPurposeAmount
Election Trust Initiative LLCWashington, DCHealthy Democracy: To support the Election Trust Initiative managed by The Pew Charitable Trusts$5M
ClimateWorks FoundationSan Francisco, CAClimate: To support the Forests for People and Climate Initiative for fiscal years 2022 - 2026$4M
Broad Institute IncCambridge, MAMedical and Scientific Research: To support research into the genetics of anorexia nervosa$3.6M
New Venture FundWashington, DCHealthy Democracy: To support the Voter Engagement Fund for fiscal years 2023 and 2024$3.5M
Stichting European Climate FoundationNLClimate: To support international efforts to transition to clean energy for fiscal years 2023 - 2026$3M
The SchwartzReisman Science Education Center Rehovot (RA)ISArab Israeli Employment and Education: To support the preparation and integration of Arab Israelis into the Schwartz/Reisman Science Education Centers and the construction of the Kfar Saba Campus for fiscal years 2022, 2023, and 2024 (Capital)$2.8M
Israel Science FoundationISMedical and Scientific Research: To support research grants within the framework of the Israel Precision Medicine Partnership$2.3M
Massachusetts League Of Community Health Centers IncBoston, MAChildren's Mental Health: To strengthen the community health worker workforce$2.3M
Facing History And Ourselves IncBoston, MAHealthy Democracy: Unrestricted operating support for fiscal years 2022, 2023, and 2024$2M
Combined Jewish Philanthropies of Greater Boston IncBoston, MAMassachusetts Community Grants: Unrestricted operating support, and support for local network agencies$2M
New Venture FundWashington, DCHealthy Democracy: To support the Civic Responsibility Project for fiscal years 2023 and 2024$1.5M
Protect Democracy ProjectWashington, DCHealthy Democracy: Unrestricted operating support for fiscals years 2022, 2023, and 2024$1.5M
The National Library of Israel Ltd (CC)ISGood Philanthropic Citizen Grants: To support the construction of the National Library of Israel (Capital)$1.5M
Massachusetts Legal Assistance CorporationBoston, MAHealthy Democracy: To support the Massachusetts Immigration Legal Assistance Fund and unrestricted operating support$1.4M
Anti-Defamation LeagueNew York, NYHealthy Democracy: Unrestricted operating support, including in the New England Region, for fiscal years 2022, 2023, and 2024$1M
Boston Medical Center CorporationBoston, MAOther Grants and Contributions: To support the Building the New BMC Campaign (Capital)$1M
Brigham & Women's HospitalBoston, MABold Bets: To support Ariadne Labs: A Joint Center for Health Systems Innovation for fiscal years 2022, 2023, and 2024$1M
Center For Technology And Civic LifeChicago, ILHealthy Democracy: Unrestricted operating support for fiscal years 2023 and 2024$1M
Equal Justice InitiativeMontgomery, ALHealthy Democracy: Unrestricted operating support for fiscal years 2022, 2023, 2024, and 2025$1M
NAACP Legal Defense And Educational Fund IncNew York, NYHealthy Democracy: Unrestricted operating support for fiscal years 2022, 2023, 2024, and 2025$1M
New Venture FundWashington, DCHealthy Democracy: To support the Center for Secure and Modern Elections for fiscal years 2023 and 2024$1M
Policy ImpactSacramento, CAHealthy Democracy: To support a communications collaborative to strengthen the pro-democracy field$1M
Rockefeller Philanthropy Advisors IncNew York, NYHealthy Democracy: To support the New Pluralists Collaborative for fiscal years 2021, 2022, and 2023$1M
Year Up IncBoston, MABold Bets: Unrestricted operating support, including Boston operations, for fiscal years 2020 - 2023$1M
Co-Impact The Partnership for a Breakthrough in Arab Employment Ltd (CC)ISArab Israeli Employment and Education: Unrestricted operating support for fiscal years 2022, 2023, and 2024$850k
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about The Klarman Family Foundation

What does the Board President of The Klarman Family Foundation earn?

In 2023, the Board President of The Klarman Family Foundation received $498,231 in total compensation. This pay is in the top 10% for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board President pay at The Klarman Family Foundation compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts, the 2023 pay of the Board President at The Klarman Family Foundation falls in the top 10%. In 2023, the highest total compensation at The Klarman Family Foundation equaled 0.5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are The Klarman Family Foundation's revenue and expenses?

In 2023, The Klarman Family Foundation reported $72.5M in total revenue and $109.5M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.

This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.