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Kings Foundation is a private corporation based in SAN MARCOS, TX. The foundation received its IRS ruling in 1986. The principal officer is Carol Wallace. It holds total assets of $659K. Annual income is reported at $20K. Total assets have grown from $14K in 2011 to $652K in 2023. The foundation is governed by 4 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in California. According to available records, Kings Foundation has made 14 grants totaling $94K, with a median grant of $5K. Annual giving has grown from $4K in 2021 to $45K in 2023. Grantmaking activity was highest in 2022 with $45K distributed across 7 grants. Individual grants have ranged from $3K to $16K, with an average award of $7K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in California, Washington, New York, which account for 64% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$3K
Average Grant
$4K
Largest Grant
$10K
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.
Kings Foundation 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 CA, WA, NY.
Kings Foundation has distributed a total of $94K across 14 grants. The median grant size is $5K, with an average of $7K. Individual grants have ranged from $3K to $16K.
Kings Foundation typically selects its grantees rather than accepting unsolicited proposals. The application deadline is Unsolicited applications not accepted. Unsolicited applications not accepted.
Kings Foundation is headquartered in SAN MARCOS, TX. While based in TX, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Charity Wallace | Secretary | $0 | $0 | N/A |
| Robert Wallace | Director | $0 | $0 | N/A |
| Daniel Burleson | Director | $0 | $0 | N/A |
| Carol Wallace | President | $0 | $0 | N/A |
Total Giving
$46K
Total Assets
$652K
Fair Market Value
$652K
Net Worth
$652K
Grants Paid
$45K
Contributions
$58K
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
14
Total Giving
$94K
Average Grant
$7K
Median Grant
$5K
Unique Recipients
11
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Kingdom ConnectionMinistry | Los Angeles, CA | $16K | 2023 |
| Pepperdine UniversityScholarship | Malibu, CA | $10K | 2023 |
| World VisionMinistry | Tacoma, WA | $8K | 2023 |
| Mercy MultipliedMinistry | Nashville, TN | $5K | 2023 |
| Barbara KashinoshaNeed | South Gate, CA | $4K | 2023 |
| Prison FellowshipMinistry | Merrifield, VA | $3K | 2023 |
| Vintage ChurchMinistry | Santa Monica, CA | $10K | 2022 |
| Church Of The City NycMinistry | New York, NY | $10K | 2022 |
| Kingdom ConnexionMinistry | Ocala, FL | $8K | 2022 |
| AmazimaMinistry | Franklin, TN | $5K | 2022 |
| Alpha UsaMinistry | Naperville, IL | $3K | 2022 |