Basil L King Scholarship
Basil L. King Scholarship Foundation is a private foundation based in Fort Pierce, Florida. It provides scholarship assistance to St. Lucie County residents pursuing careers in health sciences, with preferential consideration for applicants interested in returning to the an individual recipient after graduation.
Basil L King Scholarship at a glance
In short: Basil L King Scholarship gave $323K across 27 grants in 2025 (avg $12K), mostly in Florida. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $323,078
- +5.3% vs 2024
- Grants made (2025)
- 27
- +3.8% vs 2024
- Average grant
- $11,966
- +1.4% vs 2024
- Median grant
- $6,000
- Total assets
- $7,135,645
- +3.4% vs 2024
- Primary geography
- Florida (90% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Basil L King Scholarship
- How to Apply
-
The foundation’s website says applications are accepted beginning in January; the 2024 filing states scholarship applications are accepted beginning February 1 and must be received by May 31. The website announced that applications for the 2026–27 academic year open February 1, 2026.
- Review Cycle
- May 31, according to the 2024 filing.
- Deadline
- May 31, according to the 2024 filing.
- Contact
Application contact: Basil L King Scholarship Foundation
Mailing address: 3600 North Milton Road, Ft Pierce, FL 34946
Phone: (772) 465-2039
Website: https://basilkingfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
2 open opportunities from Basil L King Scholarship
Who Basil L King Scholarship funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Keiser University ($27K). Together the top 10 received $162K.
Organizations only. It also paid 4 individual scholarships ($103,900), which are not listed by name.
Grant Size Distribution
107 grants across all recorded years
The most common grant size was under $50K: 102 grants of 107 (95%).
Geographic Focus
Where this funder awards grants
Scholarships are for St. Lucie County, Florida residents. The foundation gives preferential consideration to applicants who express an interest in returning to the an individual recipient after graduation. In 2025, 90% of grant dollars went to recipients in Florida; the remaining listed shares went to Minnesota, Illinois, Pennsylvania, and New York, at 2% each.
Grant Distribution by State
Share of 2025 grant dollars across all 27 itemized grants.
States
Cities
How Basil L King Scholarship gives
- 71% of 2025 grantees were also funded in 2024. Method
- Giving grew 43% from 2022 to 2025. Method
- In 2025 it paid out 116% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $226K (2023) to $323K (2025). In 2025 it made 27 grants totaling $323K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 4 individual scholarships Recipients not named | — | $103,900 |
| Keiser University Fort Lauderdale, FL | Scholarship for Medical Study | $27,000 |
| Florida Atlantic University Boca Raton, FL | Scholarship for Medical Study | $22,000 |
| University of Central Florida Orlando, FL | Scholarship for Medical Study | $20,000 |
| Florida State University Tallahassee, FL | Scholarship for Medical Study | $19,000 |
| University of Florida Gainesville, FL | Scholarship for Medical Study | $18,000 |
| South University Royal Palm Beach, FL | Scholarship for Medical Study | $14,000 |
| Boys and Girls Clubs of SLC Fort Pierce, FL | Dental Care for Children W/ Fin Need | $13,378 |
| University of South Florida Tampa, FL | Scholarship for Medical Study | $11,000 |
| Fortis Institute Port St Lucie, FL | Scholarship for Medical Study | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $7,135,645 | $385,562 | $404,769 | $323,078 | 27 | $350,956 | $317,475 | $303,348 |
| 2024 | $6,899,927 | $164,744 | $380,580 | $306,837 | 26 | $331,833 | $81,768 | $288,006 |
| 2023 | $5,896,540 | $122,323 | $300,497 | $225,638 | 27 | $251,518 | $77,926 | $266,129 |
| 2022 | $5,475,476 | $449,366 | $295,223 | $226,354 | 25 | $248,692 | $381,890 | $287,481 |
| 2021 | $7,073,472 | $686,376 | $368,788 | $288,286 | 2 | — | $622,842 | $301,521 |
Under IRS private-foundation payout rules, Basil L King Scholarship reported a distributable amount of $303K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s stated purpose is to provide scholarship assistance to residents of St. Lucie County pursuing careers in health sciences. Its scholarship tracks include two-year, four-year, and medical and dental study. Its 2024 filing also describes support for pharmacy study and medical care for St. Lucie County children under 14.
In 2025, the foundation’s largest listed grants were predominantly for medical-study scholarships. Its grantees include colleges and universities: for example, an individual recipient State College’s stated mission is to administer property and make expenditures for the college’s benefit, while the University of Central Florida Foundation says it stewards charitable contributions to support UCF. The Boys and Girls Clubs of St. Lucie County received a grant for dental care for children with financial need.
Grantmaking
In filing year 2025, the foundation made 27 grants totaling $323,078. Grant amounts ranged from $2,000 to $94,900, with a median of $6,000. The largest awards included $94,900 to an individual recipient State College, $27,000 to Keiser University, $22,000 to Florida Atlantic University, and $20,000 to the University of an individual recipient; each was designated for medical-study scholarships. The Boys and Girls Clubs of St. Lucie County received $13,378 for dental care for children with financial need.
For two-year scholarships, applicants must be St. Lucie County residents, meet the GPA requirement, and be accepted into a health science program; prerequisite coursework alone does not qualify. Four-year applicants must be county residents, meet the GPA requirement, and be accepted for full-time enrollment in an accredited four-year health science program. Medical and dental applicants must be county residents and accepted for full-time study in medicine or dentistry at a qualifying institution. Across these tracks, the stated GPA standard is 3.00 or higher; applicants with a GPA of 2.5 or higher may be considered when documented extenuating circumstances are provided. Four-year scholarships may be renewed for up to three additional years with a 3.00 cumulative GPA and a renewal application. Award amounts vary based on spending policy parameters.
The 2024 filing lists an application form, school transcript, and declaration of domicile completed by the Clerk of Court as scholarship application materials. It also lists a provider’s list of eligible children and expenses for indigent medical care applications.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Frank H. Fee III as chairman and director, Jimmie Anne Haisley as executive director, and Bruce Abernethy Jr., Ann Decker, Karen Ripper, Eilean Clark, Cynthia Sheelar, and Ronald Cason as directors.
Basil L King Scholarship is led by Frank H. Fee III, Chairman & Director on every filing since 2021; 1 of 8 officers listed in 2025 is compensated.
Officers on the 2025 filing
Frank H. Fee III
Chairman & Director
On filings since 2021
1 hr/week
No compensation reported
Ann Decker
Director
On filings since 2021
1 hr/week
No compensation reported
Bruce Abernethy Jr.
Director
On filings since 2021
1 hr/week
No compensation reported
Cynthia Sheelar
Director
On filings since 2021
1 hr/week
No compensation reported
Eilean Clark
Director
On filings since 2021
1 hr/week
No compensation reported
Karen Ripper
Director
On filings since 2021
1 hr/week
No compensation reported
Ronald Cason
Director
On filings since 2021
1 hr/week
No compensation reported
Jimmie Anne Haisley
Executive Di
On filings since 2021
10 hrs/week
$12K (2021) → $24K (2025)
Former officers (1)
- Former: Ann Hubbard (2021) — Director
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.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $24K, to Jimmie Anne Haisley (Executive Di).
Frequently asked questions about Basil L King Scholarship
How much does Basil L King Scholarship give each year?
Basil L King Scholarship gave $323K across 27 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $307K across 26 grants.
What is Basil L King Scholarship's typical grant size?
Basil L King Scholarship's median grant in 2025 was $6,000, and its average grant was $11,966, across 27 grants on its 2025 IRS Form 990-PF.
Where does Basil L King Scholarship give grants?
Basil L King Scholarship gives mostly in Florida: 90% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Fort Lauderdale, FL (2 grants), Tallahassee, FL (2 grants), Orlando, FL (2 grants) and Fort Pierce, FL (2 grants).
Does Basil L King Scholarship give general operating support?
Not in 2025: none of the 27 grants with a stated purpose on Basil L King Scholarship's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship for Medical Study" (25 grants).
Who are Basil L King Scholarship's largest grantees?
Basil L King Scholarship's largest 2025 grantees include Keiser University ($27,000), Florida Atlantic University ($22,000) and University of Central Florida ($20,000), according to its 2025 IRS Form 990-PF. It also paid 4 individual scholarships ($103,900), which are not listed by name. Together they received 21% of its itemized 2025 grant dollars.
How large is Basil L King Scholarship?
Basil L King Scholarship reported $7.1M in total assets on its 2025 IRS Form 990-PF. It paid out $351K in qualifying distributions that year, against a required minimum of $303K (roughly 5% of its investment assets).
What does Basil L King Scholarship fund?
The foundation’s stated purpose is to provide scholarship assistance to residents of St. Lucie County pursuing careers in health sciences. Its scholarship tracks include two-year, four-year, and medical and dental study. See mission & focus areas ↑
How do I apply for a grant from Basil L King Scholarship?
The foundation’s website says applications are accepted beginning in January; the 2024 filing states scholarship applications are accepted beginning February 1 and must be received by May 31. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Basil L King Scholarship's EIN?
Basil L King Scholarship's EIN (Employer Identification Number) is 59-0651084. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
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Cite this profile
Grantable. (2026). Basil L King Scholarship funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/basil-l-king-scholarship-morg_97f34bc7a65447228021f4e461ef0588
BibTeX
@misc{grantable_590651084_2026,
author = {{Grantable}},
title = {{Basil L King Scholarship funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/basil-l-king-scholarship-morg_97f34bc7a65447228021f4e461ef0588},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Basil L King Scholarship's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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