Grimes - King Foundation for the Elderly is a private foundation focused on Philanthropy, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 1 grants totaling $133K. Net investment income was $90K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.0M
-1.0% YoY
Annual Giving
$133K
-12.5% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$133K
-12.5% YoY
Under IRS private-foundation payout rules, Grimes - King Foundation for the Elderly reported a distributable amount of $135K for 2024 — the minimum it must pay out in qualifying distributions.
About Grimes - King Foundation for the Elderly
Based on IRS filings
Grimes - King Foundation for the Elderly is a private foundation focused on Philanthropy, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 1 grants totaling $133K. Net investment income was $90K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,032,208 | $2,051,844 | $2,092,116 |
| Revenue | $153,383 | $147,392 | $104,900 |
| Expenses | $173,019 | $187,663 | $151,708 |
| Qualifying Distributions | $134,629 | $158,592 | $121,874 |
| Net Investment Income | $89,625 | $96,755 | $26,787 |
| Distributable Amount | $134,840 | $121,672 | $124,092 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Open Grants
1 open opportunity from Grimes - King Foundation for the Elderly
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Multiple Charitable ($132,500).
| Recipient | Purpose | Amount |
|---|---|---|
| MULTIPLE CHARITABLE BOSTON, MA | GENERAL PURPOSES | $132,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SEE ATTACHED STATEMENT | SEE ATTACHED STATEMENT | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Grimes - King Foundation for the Elderly?
Grimes - King Foundation for the Elderly is a private foundation focused on Philanthropy, based in BOSTON, MA. It holds $2.0M in total assets as of 2024.
How large is Grimes - King Foundation for the Elderly?
As of 2024, Grimes - King Foundation for the Elderly holds $2.0M in total assets with $153K in annual revenue. It awarded 1 grants totaling $133K in 2024.
Where does Grimes - King Foundation for the Elderly operate?
Grimes - King Foundation for the Elderly has awarded grants in Massachusetts.
What size grants does Grimes - King Foundation for the Elderly award?
In 2024, Grimes - King Foundation for the Elderly awarded 1 grants totaling $133K — an average of about $133K per grant, based on its IRS Form 990 filings.
How much is Grimes - King Foundation for the Elderly required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Grimes - King Foundation for the Elderly reported a distributable amount of $135K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Grimes - King Foundation for the Elderly's EIN?
Grimes - King Foundation for the Elderly's EIN (Employer Identification Number) is 04-6070226. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Grimes - King Foundation for the Elderly's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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