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.
| Position | Total |
|---|---|
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 →
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%.
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
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Election Trust Initiative LLC | Washington, DC | Healthy Democracy: To support the Election Trust Initiative managed by The Pew Charitable Trusts | $5M |
| ClimateWorks Foundation | San Francisco, CA | Climate: To support the Forests for People and Climate Initiative for fiscal years 2022 - 2026 | $4M |
| Broad Institute Inc | Cambridge, MA | Medical and Scientific Research: To support research into the genetics of anorexia nervosa | $3.6M |
| New Venture Fund | Washington, DC | Healthy Democracy: To support the Voter Engagement Fund for fiscal years 2023 and 2024 | $3.5M |
| Stichting European Climate Foundation | NL | Climate: To support international efforts to transition to clean energy for fiscal years 2023 - 2026 | $3M |
| The SchwartzReisman Science Education Center Rehovot (RA) | IS | Arab 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 Foundation | IS | Medical and Scientific Research: To support research grants within the framework of the Israel Precision Medicine Partnership | $2.3M |
| Massachusetts League Of Community Health Centers Inc | Boston, MA | Children's Mental Health: To strengthen the community health worker workforce | $2.3M |
| Facing History And Ourselves Inc | Boston, MA | Healthy Democracy: Unrestricted operating support for fiscal years 2022, 2023, and 2024 | $2M |
| Combined Jewish Philanthropies of Greater Boston Inc | Boston, MA | Massachusetts Community Grants: Unrestricted operating support, and support for local network agencies | $2M |
| New Venture Fund | Washington, DC | Healthy Democracy: To support the Civic Responsibility Project for fiscal years 2023 and 2024 | $1.5M |
| Protect Democracy Project | Washington, DC | Healthy Democracy: Unrestricted operating support for fiscals years 2022, 2023, and 2024 | $1.5M |
| The National Library of Israel Ltd (CC) | IS | Good Philanthropic Citizen Grants: To support the construction of the National Library of Israel (Capital) | $1.5M |
| Massachusetts Legal Assistance Corporation | Boston, MA | Healthy Democracy: To support the Massachusetts Immigration Legal Assistance Fund and unrestricted operating support | $1.4M |
| Anti-Defamation League | New York, NY | Healthy Democracy: Unrestricted operating support, including in the New England Region, for fiscal years 2022, 2023, and 2024 | $1M |
| Boston Medical Center Corporation | Boston, MA | Other Grants and Contributions: To support the Building the New BMC Campaign (Capital) | $1M |
| Brigham & Women's Hospital | Boston, MA | Bold 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 Life | Chicago, IL | Healthy Democracy: Unrestricted operating support for fiscal years 2023 and 2024 | $1M |
| Equal Justice Initiative | Montgomery, AL | Healthy Democracy: Unrestricted operating support for fiscal years 2022, 2023, 2024, and 2025 | $1M |
| NAACP Legal Defense And Educational Fund Inc | New York, NY | Healthy Democracy: Unrestricted operating support for fiscal years 2022, 2023, 2024, and 2025 | $1M |
| New Venture Fund | Washington, DC | Healthy Democracy: To support the Center for Secure and Modern Elections for fiscal years 2023 and 2024 | $1M |
| Policy Impact | Sacramento, CA | Healthy Democracy: To support a communications collaborative to strengthen the pro-democracy field | $1M |
| Rockefeller Philanthropy Advisors Inc | New York, NY | Healthy Democracy: To support the New Pluralists Collaborative for fiscal years 2021, 2022, and 2023 | $1M |
| Year Up Inc | Boston, MA | Bold 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) | IS | Arab Israeli Employment and Education: Unrestricted operating support for fiscal years 2022, 2023, and 2024 | $850k |
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.
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.
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This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.
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