King Family Foundation

Organization Overview

King Family Foundation is located in Salt Lake Cty, UT. The organization was established in 1998. 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 12/2021, King Family Foundation generated $3.0m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 42.0% each year . All expenses for the organization totaled $421.3k during the year ending 12/2021. While expenses have increased by 28.3% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, King Family Foundation has awarded 107 individual grants totaling $615,600. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Board, Officers & Key Employees

Name (title)Compensation
Warren P King
Trustee
$0
Florence K King
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $688
Dividends & Interest $82,902
Net Rental Income$0
Net Gain on Sale of Assets $2,884,157
Capital Gain Net Income $2,884,157
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $22,585
Total Revenue $2,990,332

Grants Awarded

Over the last fiscal year, King Family Foundation has awarded $360,100 in support to 56 organizations.

Grant RecipientAmount

SALVATION ARMY

PURPOSE: PROGRAM SUPPORT

$25,000

MSI MOBILE SURGERY INTERNATIONAL

PURPOSE: PROGRAM SUPPORT

$15,000

BOYS AND GIRLS CLUBS OF GREATER SL

PURPOSE: PROGRAM SUPPORT

$15,000

Salt Lake City, UT

PURPOSE: PROGRAM SUPPORT

$15,000

Salt Lake City, UT

PURPOSE: PROGRAM SUPPORT

$15,000

CHOICE HUMANITARIAN

PURPOSE: PROGRAM SUPPORT

$15,000
View Grant Profile

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