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King Family Foundation is a private corporation based in HASTINGS, MN. The foundation received its IRS ruling in 2000. The principal officer is William C King Vice President. It holds total assets of $1.6M. Annual income is reported at $218K. Total assets have grown from $321K in 2011 to $1.6M in 2024. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2024. According to available records, King Family Foundation has made 4 grants totaling $386K, with a median grant of $108K. Annual giving has grown from $60K in 2020 to $111K in 2023. Grantmaking activity was highest in 2022 with $215K distributed across 2 grants. Individual grants have ranged from $60K to $111K, with an average award of $97K. Grant recipients are concentrated in Minnesota. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
King Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in MN.
King Family Foundation has distributed a total of $386K across 4 grants. The median grant size is $108K, with an average of $97K. Individual grants have ranged from $60K to $111K.
King Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
King Family Foundation is headquartered in HASTINGS, MN.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Theresa King | VICE PRESIDE | $0 | $0 | N/A |
| Torra Spillane | DIRECTOR | $0 | $0 | N/A |
| Greg Hahn | VICE PRESIDE | $0 | $0 | N/A |
| William C King | CHAIRMAN/SEC | $0 | $0 | N/A |
| Patrick King | PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.6M
Fair Market Value
N/A
Net Worth
$1.6M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
4
Total Giving
$386K
Average Grant
$97K
Median Grant
$108K
Unique Recipients
1
Most Common Grant
$108K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See General FootnoteMISCELLANEOUS | Hastings, MN | $111K | 2023 |