Skip to content
Nonprofiteer
← KLINE GALLAND CENTER FOUNDATION

Form 990 for tax year 2024

Filed by KLINE GALLAND CENTER FOUNDATION.

Totals

Total revenue
$2,111,566
Total expenses
$187,854
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$2,111,566
Other revenue
$0
Total assets, end of year
$45,748,557
Total liabilities, end of year
$71,330
Net assets or fund balances, end of year
$45,677,227
Program services expenses (Part IX)
$0
Management and general expenses
$2,021
Fundraising expenses
$185,833
Program service expenses (Part III)
not reported

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $1,358,320 · unrelated business $47,107 · excluded $1,311,213

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

  • 7a · Gross sales of assets other than inventory

    securities $2,668,290

  • 7b · Less cost or other basis and sales expenses

    securities $1,915,044

  • 7c · Gain or loss

    securities $753,246

  • 7d · Net gain or loss

    total $753,246 · unrelated business -$8,274 · excluded $761,520

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $0

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $0

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $0

  • 10 · Payroll taxes

    total $0

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $1,936 · management and general $1,936

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $185,833 · fundraising $185,833

  • 11g · Fees: other

    total $0

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $0

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $0

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $0

  • 24a · Other expenses: Other

    total $85 · management and general $85

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $0

  • 2 · Savings and temporary cash investments

    end of year $0

  • 3 · Pledges and grants receivable

    end of year $0

  • 4 · Accounts receivable

    end of year $0

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    end of year $0

  • 10c · Land, buildings and equipment, net

    end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $38,482,668 · end of year $43,045,384

  • 12 · Investments: other securities

    beginning of year $2,654,811 · end of year $2,696,748

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    beginning of year $327,341 · end of year $6,425

  • 25 · Other liabilities

    beginning of year $71,878 · end of year $71,330

  • 27 · Net assets without donor restrictions

    beginning of year $38,367,454 · end of year $42,345,758

  • 28 · Net assets with donor restrictions

    beginning of year $3,025,488 · end of year $3,331,469

Mission and programs · 2024

Mission

Kline Galland Center Foundation was formed to further the charitable purposes of the Kline Galland Center and Affiliates.

  • To further the charitable purposes of the Kline Galland Center and Affiliates.

As filed on the 2024 return.

Listed in Part VII

  • Jeffrey Cohen

    CEO

    Total calculated
    $883,634
    From this org
    $0
    From related orgs
    $818,094
    Other
    $65,540
    Hours/week
    0.4 + 39.6 related

    Schedule J breakdown matched by us

    Base
    not reported + $799,147 related
    Bonus
    not reported + $10,060 related
    Other
    not reported + $8,887 related
    Deferred
    not reported + $40,250 related
    Nontaxable benefits
    not reported + $25,290 related
    Filer's total
    not reported + $883,634 related

  • Tracey Groscost

    CFO

    Total calculated
    $369,064
    From this org
    $0
    From related orgs
    $358,404
    Other
    $10,660
    Hours/week
    0.4 + 39.6 related

    Schedule J breakdown matched by us

    Base
    not reported + $343,259 related
    Bonus
    not reported + $15,145 related
    Other
    not reported
    Deferred
    not reported + $10,329 related
    Nontaxable benefits
    not reported + $331 related
    Filer's total
    not reported + $369,064 related

  • Erin Sheridan

    CCO & Gen Cous.

    Total calculated
    $207,554
    From this org
    $0
    From related orgs
    $193,898
    Other
    $13,656
    Hours/week
    0.4 + 39.6 related

    Schedule J breakdown matched by us

    Base
    not reported + $192,340 related
    Bonus
    not reported + $1,558 related
    Other
    not reported
    Deferred
    not reported + $5,808 related
    Nontaxable benefits
    not reported + $7,848 related
    Filer's total
    not reported + $207,554 related

  • Robert Simon

    Chair

    Total calculated
    $0
    Hours/week
    0.5 + 3.5 related

  • Jay Riffkin

    Vice Chair

    Total calculated
    $0
    Hours/week
    0.5 + 3.5 related

  • Barbara Sulman

    Vice Chair

    Total calculated
    $0
    Hours/week
    0.5 + 3.5 related

  • Marc Bridge

    Vice Chair

    Total calculated
    $0
    Hours/week
    0.5 + 3.5 related

  • Jack Almo

    Treasurer

    Total calculated
    $0
    Hours/week
    0.5 + 3.5 related

  • Irene Fisher

    Secretary

    Total calculated
    $0
    Hours/week
    0.5 + 3.5 related

  • Emily Alhadeff

    Director

    Total calculated
    $0
    Hours/week
    0.25 + 2 related

  • Jeanie Alhadeff

    Director

    Total calculated
    $0
    Hours/week
    0.25 + 2 related

  • David Benoliel

    Director

    Total calculated
    $0
    Hours/week
    0.25 + 2 related

  • Michael Cohen

    Director

    Total calculated
    $0
    Hours/week
    0.25 + 2 related

  • Lynn Dubey

    Director

    Total calculated
    $0
    Hours/week
    0.25 + 2 related

  • David Fain

    Director

    Total calculated
    $0
    Hours/week
    0.25 + 2 related

  • Barry Goren

    Director

    Total calculated
    $0
    Hours/week
    0.25 + 2 related

  • Mark Kane

    Director

    Total calculated
    $0
    Hours/week
    0.25 + 2 related

  • Thomas Leavitt

    Director

    Total calculated
    $0
    Hours/week
    0.25 + 2 related

  • Alvin Martin

    Director

    Total calculated
    $0
    Hours/week
    0.25 + 2 related

  • Rabbi James Mirel

    Director

    Total calculated
    $0
    Hours/week
    0.25 + 2 related

  • Michael Morgan

    Director

    Total calculated
    $0
    Hours/week
    0.25 + 2 related

  • Jeff Piha

    Director

    Total calculated
    $0
    Hours/week
    0.25 + 2 related

  • Brian Quint

    Director

    Total calculated
    $0
    Hours/week
    0.25 + 2 related

  • Ari Robicsek

    Director

    Total calculated
    $0
    Hours/week
    0.25 + 2 related

  • Douglas Rosen

    Director

    Total calculated
    $0
    Hours/week
    0.25 + 2 related

  • David Shapiro

    Director

    Total calculated
    $0
    Hours/week
    0.25 + 2 related

  • Allan Steinman

    Director

    Total calculated
    $0
    Hours/week
    0.25 + 2 related

  • Doug Wiviott

    Director

    Total calculated
    $0
    Hours/week
    0.25 + 2 related

  • Elana Zana

    Director

    Total calculated
    $0
    Hours/week
    0.25 + 2 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Part II, Compensation from Unrelated Organizations
The compensation amounts reported in Part VII were paid by Kline Galland Payroll Company LLC, which serves as the master payroll company for this entity and those related entities listed in Schedule R, Part II.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • Kline Galland Payroll Company LLC

    C Corp · Common Paymaster · WA

    Directly controlled by KGC

Provenance

Return type
form_990
Tax year
2024
Filed
11 November 2025
IRS schema version
2024v5.2
Source object
202533159349302668

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.