King Family Foundation

Organization Overview

King Family Foundation is located in Bloomington, MN. The organization was established in 2001. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. King Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 11/2022, King Family Foundation generated $8.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $5.7k during the year ending 11/2022. You can explore the organizations financials more deeply in the financial statements section below.

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Board, Officers & Key Employees

Name (title)Compensation
Lavonne E King
Trustee
$0
Gary W King
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $8,187
Net Rental Income$0
Net Gain on Sale of Assets -$2
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $8,185

Grants Awarded

Over the last fiscal year, King Family Foundation has awarded $5,600 in support to 14 organizations.

Grant RecipientAmount

BOWLS FOR BRAINPOWER

PURPOSE: THE GRANT IS INTENDED TO SUPPORT THE WORK OF THE DONEE IN ITS SERVICE TO THE CHILDREN OF ISD 191 (BURNSVILLE, MN) EXPERIENCING HUNGER.

$1,000

Rochester, MN

PURPOSE: THE GRANT IS INTENDED TO SUPPORT THE WORK OF THE DONEE IN THEIR RESEARCH AND FURTHERENCE OF MAJOR HEALTH PROBLEMS.

$1,000

ALZHEIMER'S RESEARCH FOUNDATION

PURPOSE: THE GRANT IS INTENDED TO SUPPORT THE WORK OF THE DONEE IN ITS RESEARCH AND SUPPORT OF PEOPLE WITH ALZHEIMER'S DISEASE.

$500

BURNSVILLE SENIOR CENTER

PURPOSE: THE GRANT SUPPORTS THE SERVICES OF THE DONEE IN PROVIDING COMMUNITY ACTIVITIES FOR SENIOR CITIZENS.

$500

NEW PRAGUE ARE ED FOUNDATION

PURPOSE: THE GRANT IS INTENDED TO SUPPORT THE WORK OF THE DONEE IN ITS SERVICE TO THE EDUCATION OF THE PEOPLE OF NEW PRAGUE, MN.

$500

AMERICAN RED CROSS

PURPOSE: THE GRANT IS INTENDED TO SUPPORT THE WORK OF THE DONEE IN ITS HUMANITARIAN EMERGENCY AND DISASTER RELIEF ASSISTANCE.

$500
View Grant Profile

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