Basil L King Scholarship logo

Basil L King Scholarship

FT PIERCE, FL EIN: 59-0651084 Website

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

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

13states
+5 more states

Cities

AddisonBaltimoreBoca RatonDanvilleDelandDenverDetroitDoralFort LauderdaleFort PierceFt PierceGainesvilleHoustonJacksonvilleLake WalesLake WorthLittle RockMesaMiamiMinneapolis

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
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$189K$378K$566K$755K20212022202320242025
Metric202520242023
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

$0$81K$162K$242K$323K2 grants202125 grants202227 grants202326 grants202427 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

INDIAN RIVER STATE COLLEGE$95KKEISER UNIVERSITY$27KFLORIDA ATLANTIC UNIVERS…$22KUNIVERSITY OF CENTRAL FL…$20KFLORIDA STATE UNIVERSITY$19KUNIVERSITY OF FLORIDA$18KSOUTH UNIVERSITY$14KBOYS AND GIRLS CLUBS OF …$13KUNIVERSITY OF SOUTH FLOR…$11KFORTIS INSTITUTE$10K

Grant Size Distribution

107 grants across all recorded years

102<$50K4$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

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

JIMMIE ANNE HAISLEYEXECUTIVE DI$24K

From 2025 filing

NameTitleHoursCompensation
FRANK H FEE IIICHAIRMAN,DIR1
BRUCE ABERNETHY JRDIRECTOR1
JIMMIE ANNE HAISLEYEXECUTIVE DI10$24,000
ANN DECKERDIRECTOR1
KAREN RIPPERDIRECTOR1
EILEAN CLARKDIRECTOR1
CYNTHIA SHEELARDIRECTOR1
RONALD CASONDIRECTOR1

Contact Information

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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