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King Jr M L Foundation Etf is a private trust based in WILMINGTON, DE. The foundation received its IRS ruling in 2003. The principal officer is Reliance Trust Company Of De. It holds total assets of $688K. Annual income is reported at $942K. Total assets have decreased from $679K in 2011 to $442K in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of advocacy. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, King Jr M L Foundation Etf has made 3 grants totaling $103K, with a median grant of $33K. Annual giving has grown from $37K in 2021 to $67K in 2022. Individual grants have ranged from $33K to $37K, with an average award of $34K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Georgia. 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 Jr M L Foundation Etf primarily funds organizations in the area of advocacy. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in GA.
King Jr M L Foundation Etf has distributed a total of $103K across 3 grants. The median grant size is $33K, with an average of $34K. Individual grants have ranged from $33K to $37K.
King Jr M L Foundation Etf typically selects its grantees rather than accepting unsolicited proposals.
King Jr M L Foundation Etf is headquartered in WILMINGTON, DE.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Arden Trust Company | TRUSTEE | $5K | $0 | $5K |
Total Giving
$11K
Total Assets
$442K
Fair Market Value
$655K
Net Worth
$442K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
$9K
Distribution Amount
$30K
Total Grants
3
Total Giving
$103K
Average Grant
$34K
Median Grant
$33K
Unique Recipients
2
Most Common Grant
$33K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Tony L North Senior AccountantGENERAL OPERATING | Atlanta, GA | $33K | 2022 |
| The Martin Luther King Jr CenterGENERAL OPERATING | Atlanta, GA | $37K | 2021 |