Basil L King Scholarship
The Basil L King Scholarship Foundation Inc is a private foundation based in Fort Pierce, Florida. Established in 1973, the foundation provides scholarship assistance and medical care support to residents of St. Lucie County pursuing careers in health sciences and related fields.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$7.1M
+3.4% YoY
Annual Giving
$323K
+5.3% YoY
Grant Count
27
+3.8% YoY
Avg Grant Size
$12K
+1.4% YoY
Mission & Focus Areas
The foundation's primary purpose is to award scholarships to St. Lucie County, Florida residents pursuing study in health sciences, medicine, dentistry, and pharmacy. The foundation also makes payments for the medical care of indigent children under 14 years of age.
Grantmaking
The foundation offers two active scholarship programs:
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Geographic Focus
Where this funder awards grants
The foundation exclusively serves St. Lucie County, Florida residents.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Based on the most recent IRS Form 990 filing (2025):
- Total Assets: $7,135,645
- Total Annual Giving: $323,078
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $7,135,645 | $6,899,927 | $5,896,540 |
| Revenue | $385,562 | $164,744 | $122,323 |
| Expenses | $404,769 | $380,580 | $300,497 |
| Qualifying Distributions | $350,956 | $331,833 | $251,518 |
| Net Investment Income | $317,475 | $81,768 | $77,926 |
| Distributable Amount | $303,348 | $288,006 | $266,129 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
107 grants across all recorded years
Open Grants
2 open opportunities from Basil L King Scholarship
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FRANK H FEE III | CHAIRMAN,DIR | 1 | — |
| BRUCE ABERNETHY JR | DIRECTOR | 1 | — |
| JIMMIE ANNE HAISLEY | EXECUTIVE DI | 10 | $24,000 |
| ANN DECKER | DIRECTOR | 1 | — |
| KAREN RIPPER | DIRECTOR | 1 | — |
| EILEAN CLARK | DIRECTOR | 1 | — |
| CYNTHIA SHEELAR | DIRECTOR | 1 | — |
| RONALD CASON | DIRECTOR | 1 | — |
Contact Information
- Website: www.basilkingfoundation.org
- Phone: 772-465-2039
- Address: 3600 N Milton Rd, Fort Pierce, FL 34946-1909
- EIN: 59-0651084
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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