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Klarman Family Foundation

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The Klarman Family Foundation is the charitable organization of billionaire hedge fund investor Seth Klarman. The Foundation, which also gives to a variety of medicinal causes and Boston-related projects, is an important funder of rightist “pro-Israel” groups.[1]

“Through other partnerships, we are focused on deepening connections between Israelis and Americans, particularly among young adults, scientists and other thought leaders,” the Foundation states on its website.[2] Among the groups Klarman has supported are the Washington Institute for Near East Policy (a spinoff of the American Israel Public Affairs Committee), the neoconservative Foundation for Defense of Democracies, the Middle East Media Research Institute, Daniel Pipes' Middle East Forum, and the David Project, which has opposed the construction of mosques in Boston.[3]

Klarman is also a major funder of The Israel Project (TIP), a hawkish advocacy organization. A member of TIP's board of directors, he gave the group nearly $4 million between 2008 and 2011.[4]

The Foundation also funds a number of controversial Arab and Islamic groups. In 2011, Klarman gave $10,000 to the American Task Force on Palestine (ATFP), which claims to be “committed to strengthening Palestinian-American relations.”[5] ATFP also receives substantial funding from the United Arab Emirates (UAE), receiving $148,800 from the country in 2011.[6]

Another such group is the American Islamic Forum for Democracy (AIFD), founded and by Zuhdi Jasser, a right-wing ideologue and promoter of surveillance of Muslim communities. Klarman is also a prominent funder of the American Islamic Congress, an organization that the George W. Bush administration helped start.[7]

Some observers have argued that Klarman's funding reflects a "wedging" strategy, with Klarman aiming to support "Muslim and Arab-oriented front groups that advance pro-Israel interests while undermining the objectives of mainstream Muslim and Arab-American organizations."[8]

According to its 2012 Form 990, the Klarman Family Foundation totals assets were nearly $350,000,000.[9]

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Sources

[1] The Klarman Family Foundation, “About the Foundation,” http://klarmanfoundation.org/.

[2] The Klarman Family Foundation, “Global Jewish Community and the State of Israel,” http://klarmanfoundation.org/jewish-and-israel/.

[3] Max Blumenthal, "Weddady's Free Arabs, American Islamic Congress and the pro-Israel funders who helped them rise," The Electronic Intifada, May 7, 2013, http://electronicintifada.net/content/weddadys-free-arabs-american-islamic-congress-and-pro-israel-funders-who-helped-them-rise.

[4] Josh Nathan-Kazis, "The Softspoken Man Behind Times of Israel," Forward, February 29, 2012,http://forward.com/articles/152169/the-softspoken-man-behind-times-of-israel/?p=all.

[5] Max Blumenthal, “American Task Force on Palestine finds funding from anti-Palestinian billionaire and a repressive monarchy,” Mondoweiss, November 27, 2013, http://mondoweiss.net/2013/11/palestinian-billionaire-repressive.

[6] Max Blumenthal, “American Task Force on Palestine finds funding from anti-Palestinian billionaire and a repressive monarchy,” Mondoweiss, November 27, 2013, http://mondoweiss.net/2013/11/palestinian-billionaire-repressive.

[7] Max Blumenthal, "Weddady's Free Arabs, American Islamic Congress and the pro-Israel funders who helped them rise," Electronic Intifada, May 7, 2013, http://electronicintifada.net/content/weddadys-free-arabs-american-islamic-congress-and-pro-israel-funders-who-helped-them-rise.

[8] Max Blumenthal, "American Task Force on Palestine finds funding from anti-Palestinian billionaire and a repressive monarchy," Mondoweiss, November 27, 2013, http://mondoweiss.net/2013/11/palestinian-billionaire-repressive.

[9] Guidestar, Klarman Family Foundation 2012 Form 990, http://www.guidestar.org/FinDocuments/2012/043/105/2012-043105768-09be671c-F.pdf.

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Klarman Family Foundation Résumé

Contact

P.O. Box 171627

Boston, MA 02117

617.236.7909

info@klarmanfoundation.org

About

“The Foundation’s interests fall within three broad categories: advancing understanding of the biological basis of health and illness, supporting the global Jewish community and the State of Israel, expanding access to vital services and enrichment opportunities in Greater Boston.”

Key People

  • Seth Klarman: Trustee
  • Beth Klarman: Trustee & President

Related:

Klarman Family Foundation News Feed

Baupost’s Seth Klarman Hires Investment Chief to Manage Foundation’s Assets - Wall Street JournalBarr, Klarman foundations team up on $25m arts initiative - The Boston GlobeEliot School and A Far Cry to Receive $300K Through Barr Klarman Arts Initiative - Jamaica Plain NewsChange is Inevitable: Funders Join Forces to Help Arts Organizations Prepare for “Shifts in the Cultural Sector” - Inside PhilanthropyMoney Talks. Will the G.O.P. Listen? - The New York TimesFoundation In Place For A Secular Bull Market In India? - ValueWalkBusiness Briefs: Barr-Klarman arts initiative recipients; new Berkshire Immigrant Center board members; grants for Shakespeare & Company; Salisbury Bank promotes Goewey; YMCA award for Schmick | - theberkshireedge.comSeth Klarman '79 Gives Over $3 Million to Democratic Party Since Trump's Election - Cornell University The Cornell Daily SunMassachusetts Foundations Team Up to Launch $25 Million Arts Initiative - ArtforumA Space “to Convene, to Learn, and to Celebrate” - Harvard Magazine4 Berkshire County cultural organizations get $1.9M in grants for 'our discretion' - Berkshire EagleIsrael launches $60m initiative to boost tailor-made meds - The Times of IsraelKrish Vignarajah Will Lead Lutheran Immigration and Refugee Service (Transitions) - The Chronicle of PhilanthropyWorcester Art Museum gets $600K grant to strengthen partnerships - Worcester TelegramJewish billionaire Seth Klarman's fund revealed as secret holder of $1 billion in Puerto Rico debt - HaaretzCommunity Music School of Springfield to receive $375K from the Barr-Klarman Massachusetts Arts Initiative - MassLive.comTwo Jewish Billionaires Souring On GOP | Jewish - Jewish WeekResearchers Explore the Genetics of Eating Disorders - The ScientistKrafts honor family legacy at newly renovated CJP building - Boston Business JournalTimes of Israel cofounder gave $1.5 million to right-wing media watchdog that routinely goes after news outlets - Haaretz

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