King Family Foundation
- Assets
- $4.8m
- Revenue
- $1.6m
- Investments
- $4.5m
- Employees
- 0
- Location
- San Antonio, TX
- Founding
- 12/2007
- Data as of
- 12/2021
- EIN
- 20-8636039
Organization Overview
King Family Foundation is located in San Antonio, TX. The organization was established in 2007. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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 $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 41.2% each year . All expenses for the organization totaled $322.1k during the year ending 12/2021. While expenses have increased by 13.2% per year over the past 7 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 2014, King Family Foundation has awarded 224 individual grants totaling $1,094,199. 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) | Role | Hours | Compensation |
|---|---|---|---|
Gregory C King Jr Director | 0.5 | $0 | |
Leigh Ann King Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $673,412 |
| Interest on Savings | $14,407 |
| Dividends & Interest | $152,473 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $760,193 |
| Capital Gain Net Income | $760,193 |
| Net ST Capital Gain | $32,542 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,597 |
| Total Revenue | $1,604,082 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $20,711 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $77,248 |
| Contributions, gifts, grants paid | $244,899 |
| Total expenses and disbursements | $322,147 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $293,228 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,750,956 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, King Family Foundation has awarded $244,899 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
Houston, TX PURPOSE: TO SUPPORT THE UNIVERSITY'S MISSION IN PROVIDING STUDENTS AN EXCELLENT LEGAL EDUCATION BY ENABLING THEM TO DEVELOP THE NECESSARY SKILLS FOR A SUCCESSFUL CAREER AND SERVE AS A HUB FOR INNOVATIVE RESEARCH. | $100,000 |
CHILD ADVOCATES OF SAN ANTONIO PURPOSE: TO HELP RECRUIT, TRAIN AND SUPERVISE COURT-APPOINTED VOLUNTEER ADVOCATES WHO PROVIDE CONSTANCY FOR ABUSED AND NEGLECTED CHILDREN AND YOUTH WHILE ADVOCATING FOR SERVICES AND PLACEMENT IN SAFE AND PERMANENT HOMES. | $83,333 |
ST ANTHONY DEPADUA CATHOLIC CHURCH PURPOSE: TO AID THE ORGANIZATION IN FURTHERING CHRISTIAN FELLOWSHIP AND INCREASING ITS OUTREACH CAPABILITIES. | $30,500 |
Chicago, IL PURPOSE: TO FUND A SUPPORTIVE AND ACADEMICALLY CHALLENGING CATHOLIC ELEMENTARY SCHOOL FOR STUDENTS FROM COMMUNITIES IMPACTED BY HISTORICAL DISINVESTMENT. | $12,500 |
SAMMINISTRIES PURPOSE: TO SUPPORT THE ASSISTANCE OF THE HOMELESS AND THOSE AT RISK OF BECOMING HOMELESS BY OFFERING, WITH DIGNITY AND COMPASSION, SHELTER, HOUSING, AND SERVICES. | $2,840 |
Lake Jackson, TX PURPOSE: TO PROVIDE SUPPORT TO THE LAW ENFORCEMENT FAMILIES OF THOSE OFFICERS KILLED IN THE LINE OF DUTY. | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Brown Foundation Inc Houston, TX | $979,120,834 | $115,841,262 |
Moody Foundation Galveston, TX | $975,031,131 | $132,742,251 |
Alice L Walton Foundation Bentonville, AR | $3,555,974,062 | $449,327,995 |
Edward N And Della L Thome Memorial Foundation Dallas, TX | $16,863,248 | $21,555,807 |
Burnett Foundation Fort Worth, TX | $195,880,351 | $2,811,908 |
Jesus Fund Little Rock, AR | $476,522,715 | $128,635,887 |
Rapier Family Foundation San Antonio, TX | $15,198 | $1,321,420 |
Dan L Duncan Family Foundation Houston, TX | $0 | $27,292,814 |
Fmh Foundation Midland, TX | $321,253,044 | $148,706,487 |
Inasmuch Foundation Oklahoma City, OK | $394,422,796 | $49,887,073 |
Ting Tsung And Wei Fong Chao Foundation Houston, TX | $26,401,006 | $21,447,473 |
William K Warren Foundation Tulsa, OK | $318,898,600 | $38,179,587 |