Allan C & Gloria G King Foundation

Foundation · Grantmaker SPRING, TX EIN: 76-0392430

Allan C & Gloria G King Foundation is a private foundation, based in SPRING, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $370K in total assets. In 2024, it awarded 3 grants totaling $60K. Net investment income was $70K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$370K

+11.6% YoY

Annual Giving

$60K

+33.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$20K

+33.3% YoY

Under IRS private-foundation payout rules, Allan C & Gloria G King Foundation reported a distributable amount of $48K for 2024 — the minimum it must pay out in qualifying distributions.

About Allan C & Gloria G King Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $208K (95%)

Colorado $10K (5%)

States

Colorado Texas

Cities

AustinAutinHoustonMomumentMonumentRockport

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$369,928	$331,617	$310,061
Revenue	$266,358	$70,887	$10,085
Expenses	$63,136	$48,236	$54,150
Qualifying Distributions	$60,450	$45,625	—
Net Investment Income	$69,962	$68,276	$13,188
Distributable Amount	$48,312	$47,926	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

18 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include St Ignatius Martyr Catholic Church & School ($25,000), Yellowstone Academy ($25,000), Miracle Foundation ($10,000).

Recipient	Purpose	Amount
ST IGNATIUS MARTYR CATHOLIC CHURCH & SCHOOL AUSTIN, TX	TO FUND CHARITABLE ACTIVITIES	$25,000
MIRACLE FOUNDATION AUSTIN, TX	TO FUND CHARITABLE ACTIVITIES	$10,000
YELLOWSTONE ACADEMY HOUSTON, TX	TO FUND CHARITABLE ACTIVITIES	$25,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
DUANE H KING	PRESIDENT	1	—

Frequently Asked Questions

How large is Allan C & Gloria G King Foundation?

As of 2024, Allan C & Gloria G King Foundation holds $370K in total assets with $266K in annual revenue. It awarded 3 grants totaling $60K in 2024.

Where does Allan C & Gloria G King Foundation operate?

Allan C & Gloria G King Foundation has awarded grants in Colorado, Texas.

What size grants does Allan C & Gloria G King Foundation award?

In 2024, Allan C & Gloria G King Foundation awarded 3 grants totaling $60K — an average of about $20K per grant, based on its IRS Form 990 filings.

How much is Allan C & Gloria G King Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Allan C & Gloria G King Foundation reported a distributable amount of $48K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Allan C & Gloria G King Foundation's EIN?

Allan C & Gloria G King Foundation's EIN (Employer Identification Number) is 76-0392430. IRS Form 990 filing data is available on this page for 2020–2024.