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King Foundation Inc. is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 1994. The principal officer is Jennifer King-Soderquist. It holds total assets of $435K. Annual income is reported at $24K. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Funding is distributed across 7 states, including Illinois, Arizona, Indiana. According to available records, King Foundation Inc. has made 14 grants totaling $70K, with a median grant of $4K. The foundation has distributed between $33K and $37K annually from 2022 to 2023. Individual grants have ranged from $2K to $15K, with an average award of $5K. The foundation has supported 7 unique organizations. The foundation primarily supports organizations in Wisconsin, Idaho, North Carolina, which account for 43% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$4K
Average Grant
$5K
Largest Grant
$17K
Based on 7 grants from the most recent 990-PF filing.
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 Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in WI, ID, NC.
King Foundation Inc. has distributed a total of $70K across 14 grants. The median grant size is $4K, with an average of $5K. Individual grants have ranged from $2K to $15K.
King Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
King Foundation Inc. is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jennifer King Soderquist | PRESIDENT | $0 | $0 | N/A |
Total Giving
$39K
Total Assets
$472K
Fair Market Value
$383K
Net Worth
$472K
Grants Paid
$37K
Contributions
$1K
Net Investment Income
$20K
Distribution Amount
$18K
Total: $2K
Total Grants
14
Total Giving
$70K
Average Grant
$5K
Median Grant
$4K
Unique Recipients
7
Most Common Grant
$4K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Potters HouseUNRESTRICTED | Pewaukee, WI | $15K | 2023 |
| Global PartnersUNRESTRICTED | Fishers, IN | $2K | 2023 |
| Sim UsaUNRESTRICTED | Charlotte, NC | $5K | 2023 |
| John Schindler MinistriesUNRESTRICTED | Stevensville, MI | $4K | 2023 |
| Generation To Generation NetworkUNRESTRICTED | Gilbert, AZ | $4K | 2023 |
| Mission Aviation FellowshipUNRESTRICTED | Nampa, ID | $4K | 2023 |
| Eastside United MethodistUNRESTRICTED | Chicago, IL | $3K | 2023 |