Al King Family Foundation
Al King Family Foundation is a private foundation, based in Wilmington, DE. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $12.7M in total assets. In 2025, it awarded 2 grants totaling $415K. Net investment income was $478K.
Key facts about Al King Family Foundation
In short: Al King Family Foundation gave $415K across 2 grants in 2025 (avg $208K), mostly in Maine. Source: 2025 IRS Form 990-PF.
- EIN
- 87-2914039
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $415,172
- Grants made (2025)
- 2
- Average grant
- $207,586
- Median grant
- $207,586
- Total assets
- $12,680,182
- Primary geography
- Maine (89% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$12.7M
+8.6% YoY
Annual Giving
$415K
+1975.9% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$208K
+937.9% YoY
Under IRS private-foundation payout rules, Al King Family Foundation reported a distributable amount of $575K for 2025 — the minimum it must pay out in qualifying distributions.
How Al King Family Foundation gives
- In 2025 it paid out 78% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Ready to take the next step with Al King Family Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2024 to 2025, annual grant giving ranged from $20K (2024) to $415K (2025). In 2025 it made 2 grants totaling $415K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Town of Fairfield ($368K). Together the top 2 received $415K.
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 2 grants of 3 (67%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Town of Fairfield Fairfield, ME | Fairfield Fire & Rescue - 2025 FORD E-450 DEMERS MX-170 AMBULANCE FUND | $367,600 |
| University of South Dakota Foundation Vermillion, SD | USD Knudson School of Law, South Dakota Trust Company, McDowell and King Chair in Trust and Estate Law Fund | $47,572 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $12,680,182 | $11,672,620 | $6,167,289 |
| Revenue | $1,521,236 | $5,549,730 | $5,762,583 |
| Expenses | $513,674 | $44,399 | $10,050 |
| Qualifying Distributions | $449,990 | $43,012 | $8,848 |
| Net Investment Income | $477,609 | $4,005,881 | $17,282 |
| Distributable Amount | $574,847 | $363,389 | $45,263 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS September 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 5, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS October 16, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2021–2024
Leadership & Key People
Officers and directors from IRS filings
Al King Family Foundation is led by Al W King III, Director, President, Secretary & Treasurer on every filing since 2021 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Al W King III
Director, President, Secretary & Treasurer
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Al King Family Foundation
How much does Al King Family Foundation give each year?
Al King Family Foundation gave $415K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $20K across 1 grant.
How large is Al King Family Foundation?
Al King Family Foundation reported $12.7M in total assets on its 2025 IRS Form 990-PF. It paid out $450K in qualifying distributions that year, against a required minimum of $575K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Al King Family Foundation operate?
Al King Family Foundation has awarded grants in California, Maine, South Dakota.
What is Al King Family Foundation's EIN?
Al King Family Foundation's EIN (Employer Identification Number) is 87-2914039. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Al King Family Foundation by hand.
Explore Open Grants
Browse active grant opportunities in Al King Family Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Delaware
The Abram Foundation
Chicago, IL
Assets
$239K
Grants
2
Total Given
$2.2M
Park City Community Foundation
Park City, UT
Park City Community Foundation supports local nonprofits addressing community needs in greater Park City and Summit County, Utah, including housing, health, education, arts, youth, and the environment. In 2024, its 99 grants ranged from $5,160 to $749,200, with a median of $22,240; the Community Fund accepts applications during announced cycles, and the listed 2026 application period has passed.
Assets
$31.5M
Grants
99
Total Given
$5.8M
Suffolk Cares Charitable Foundation Inc
Boston, MA
Suffolk Cares Charitable Foundation funds charitable, civic, educational, healthcare, arts, and cultural organizations nationwide, with recent grants concentrated in Massachusetts and New York. Its 2025 grants ranged from $5,000 to $250,000, with a median of $25,000. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$2.7M
Grants
27
Total Given
$1.9M
Ernst & Young Foundation
New York, NY
Ernst & Young Foundation supports higher education through employee and partner matching gifts, as well as educational and special-project grants, including research, education forums, and programs that expand educational opportunity. In 2025, it made 637 grants ranging from $5,056 to $316,005, with a median of $13,525, to recipients across multiple states; the largest shares went to New York, Texas, California, Michigan, and Pennsylvania. The profile does not state whether it accepts unsolicited requests.
Assets
$47.6M
Grants
637
Total Given
$16.7M
Morris & Arlene Goldfarb Family
New York, NY
Assets
$3.1M
Grants
46
Total Given
$104K
CSB Foundation
Norwalk, IA
Promoting philanthropy by 1) supporting nonprofit organizations; 2) making grants to qualified nonprofits; 3) holding and investing funds for the benefit of nonprofit organizations including donor advised funds; 4) general education to the public about charitable giving and estate planning.
Assets
$2.3M
Grants
9
Total Given
$674K
Jeffers Foundation
Prior Lake, MN
Assets
$10.5M
Grants
4
Total Given
$203K
Weiss Asset Management Foundation Inc
Boston, MA
Assets
$17.1M
Grants
6
Total Given
$6.2M
Houston Texans Foundation
Houston, TX
The Houston Texans Foundation supports youth and families through education, youth development, health and wellness, economic advancement, community resources, and social justice, with a focus on Houston and Harris County and neighborhood efforts in Greenspoint, Magnolia Park, and Sunnyside. In 2024, grants ranged from $5,871 to $250,000, with a median of $20,000. Unsolicited grant applications are not addressed; Texas-based nonprofits may submit online requests for in-kind donations.
Assets
$2.9M
Grants
41
Total Given
$1.6M
Alan Mitchell Family Foundation
Woodcliff Lake, NJ
Assets
$223K
Grants
1
Total Given
$1K
The Bennington Taylor Foundation
Westport, CT
Assets
—
Grants
1
Total Given
$890K
American Electric Power Foundation
Wilmington, DE
The American Electric Power Foundation funds education, especially STEM, basic human services, social justice, and environmental protection, primarily for organizations in AEP’s service territory or with broader beneficial impact. Its 2025 grants ranged from $500 to $1,428,570, with a median of $10,000. It does not accept unsolicited requests; eligible organizations need an invitation from their local AEP Operating Company.
Assets
$43.6M
Grants
753
Total Given
$23.0M
More Funders in Delaware
Al King Family Foundation down — hundreds of funders to go?