King Family Foundation Inc

FORT MYERS BEACH, FL EIN: 20-2386711

The King Family Foundation is a private foundation established in 2006, located in Fort Myers Beach, Florida. Also known as the John S and Kathryne A King Foundation, it operates as a 501(c)(3) organization with no employees. The foundation primarily funds general purpose organizations and community-based initiatives.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$10.2M

-5.3% YoY

Annual Giving

$575K

+0.2% YoY

Grant Count

-13.9% YoY

Avg Grant Size

$19K

+16.3% YoY

Under IRS private-foundation payout rules, King Family Foundation Inc reported a distributable amount of $501K for 2024 — the minimum it must pay out in qualifying distributions.

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

Grantmaking

The King Family Foundation makes grants to a diverse range of organizations. In 2024, the foundation made 26 grants totaling $434,002. Notable recent grants include:

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking is concentrated in the Fort Myers Beach and Fort Myers, Florida area, with a demonstrated commitment to local community organizations and disaster relief efforts.

Grant Distribution by State

Florida $1.9M (84%)

Tennessee $81K (4%)

Georgia $65K (3%)

Colorado $60K (3%)

Michigan $55K (2%)

Arizona $42K (2%)

Illinois $33K (1%)

Pennsylvania $10K (0%)

States

Arizona Colorado Florida Georgia Illinois Michigan Pennsylvania Tennessee

Cities

BrentwoodCape CoralDowners GroveFort MyersFort Myers BeachGross Point ShoresGrosse Pointe WoodsJacksonvilleMabletonMalvernNaplesNathropSanibelVail

Financial History

Multi-year comparison from IRS filings

As of December 31, 2024:

Total Assets: $10,181,738
Total Revenues: $217,993
Total Expenses: $784,319
Investment Income and Dividends: $210,390

As of December 31, 2023:

Total Assets: $10,748,064
Total Revenues: $881,709
Total Expenses: $835,156
Investment Income and Dividends: $161,846

The foundation's revenue is primarily derived from investment income and gains on asset sales rather than contributions. In 2024, investment income increased 30% year-over-year, while net gains from asset sales declined significantly from $719,863 in 2023 to $3,103 in 2024.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$10,181,738	$10,748,064	$10,691,488
Revenue	$217,993	$881,709	$81,417
Expenses	$784,319	$835,156	$853,054
Qualifying Distributions	$575,002	$573,999	$657,501
Net Investment Income	$524,276	$800,552	—
Distributable Amount	$500,854	$465,594	$494,962

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 2024

Grant Size Distribution

124 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Fort Myers Beach Women's Club ($65,000), Collaboratory ($60,000), Hope Clubhouse of Swfl ($50,000).

Recipient	Purpose	Amount
BEACH KIDS FOUNDATION FORT MYERS BEACH, FL	GENERAL PURPOSE	$1,000
FORT MYERS BEACH ART ASSOCIATION FORT MYERS BEACH, FL	GENERAL PURPOSE	$1,000
FORT MYERS BEACH FRIENDS OF THE ART FORT MYERS BEACH, FL	GENERAL PURPOSE	$1,000
TURTLE TIME INC FORT MYERS BEACH, FL	GENERAL PURPOSE	$2,000
IMAG FORT MYERS, FL	GENERAL PURPOSE	$2,500
VALERIE'S HOUSE FORT MYERS, FL	GENERAL PURPOSE	$2,500
ARTIS - NAPLES NAPLES, FL	GENERAL PURPOSE	$5,000
CAPTAINS FOR CLEAN WATER FORT MYERS, FL	GENERAL PURPOSE	$5,000
FORD HOUSE GROSS POINT SHORES, MI	GENERAL PURPOSE	$5,000
HARRY CHAPIN FOOD BANK FORT MYERS, FL	GENERAL PURPOSE	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JOHN A KING	TRUSTEE	15	$60,000
D ALLEN KING	TRUSTEE	15	$60,000

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

How do I apply for a grant from King Family Foundation Inc?

The King Family Foundation makes grants to a diverse range of organizations. In 2024, the foundation made 26 grants totaling $434,002. Notable recent grants include: • Fort Myers Beach Womans Club: $65,000 (2024) • FMB Strong: $45,000 (2024) • Fort Myers Beach Community Foundation: $43,500 (2024) • Friends of the Fort Myers Beach Public Library: $10,000 (2023) • Turtle Time: $1,000 (2023) In 2023, the foundation made 23 grants totaling $393,444, with grants to organizations such as Jordan Thoma…

Where does King Family Foundation Inc make grants?

The foundation's grantmaking is concentrated in the Fort Myers Beach and Fort Myers, Florida area, with a demonstrated commitment to local community organizations and disaster relief efforts.

What size grants does King Family Foundation Inc award?

In 2024, King Family Foundation Inc awarded 31 grants totaling $575K — an average of about $19K per grant, based on its IRS Form 990 filings.

How much is King Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, King Family Foundation Inc reported a distributable amount of $501K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.