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Also known as: C/O SALT CREEK VENTURES LLC
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The King Family Foundation is a private corporation based in OAK BROOK, IL. The foundation received its IRS ruling in 1995. The principal officer is Salt Creek Ventures LLC. It holds total assets of $2.4M. Annual income is reported at $38K. Total assets have grown from $576K in 2010 to $2.3M in 2022. The foundation is governed by 6 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 2019 to 2023. The foundation primarily funds organizations in Illinois and Colorado. According to available records, The King Family Foundation has made 1 grants totaling $25K, with a median grant of $25K. Grant recipients are concentrated in Minnesota. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$10K
Average Grant
$32K
Largest Grant
$125K
Based on 18 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.
The King Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 1 grants. Its grantmaking reaches organizations primarily in MN.
The King Family Foundation has distributed a total of $25K across 1 grants. The median grant size is $25K, with an average of $25K. Individual grants have ranged from $25K to $25K.
The King Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
The King Family Foundation is headquartered in OAK BROOK, IL. The foundation primarily funds organizations in Illinois, Colorado.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Emily H King | PRESIDENT | $0 | $0 | N/A |
| Lizzie King Alden | DIRECTOR | $0 | $0 | N/A |
| Robert E King Jr | VICE PRESIDENT | $0 | $0 | N/A |
| Stanford J Goldblatt | DIRECTOR | $0 | $0 | N/A |
| Heather K Pines | DIRECTOR | $0 | $0 | N/A |
| Robert E King | DIRECTOR | $0 | $0 | N/A |
Total Giving
$53K
Total Assets
$2.3M
Fair Market Value
$2.9M
Net Worth
$2.3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
$71K
Distribution Amount
$138K
Total: $2.2M
Total Grants
1
Total Giving
$25K
Average Grant
$25K
Median Grant
$25K
Unique Recipients
1
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mounds Park AcademyGENERAL OPERATIONS | St Paul, MN | $25K | 2022 |