King Foundation Inc
King Foundation Inc is a private foundation, based in Chicago, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $387K in total assets. In 2025, it awarded 8 grants totaling $68K. Net investment income was $22K.
King Foundation Inc at a glance
In short: King Foundation Inc gave $68K across 8 grants in 2025 (avg $9K), top state Wisconsin. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $68,000
- +15.8% vs 2024
- Grants made (2025)
- 8
- +14.3% vs 2024
- Average grant
- $8,500
- +1.3% vs 2024
- Median grant
- $5,000
- Total assets
- $387,119
- -11.1% vs 2024
- Primary geography
- Wisconsin (37% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who King Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2025
The largest 2025 recipient was Potters House ($25K). Together the top 8 received $68K.
Grant Size Distribution
35 grants across all recorded years
The most common grant size was under $50K: 35 grants of 35 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 8 itemized grants.
Cities
How King Foundation Inc gives
- Giving grew 106% from 2022 to 2025. Method
- In 2025 it paid out 224% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $33K (2021) to $68K (2025). In 2025 it made 8 grants totaling $68K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Potters House Pewaukee, WI | Unrestricted | $25,000 |
| Dickson Valley Newark, IL | Unrestricted | $10,000 |
| Mission Aviation Fellowship Nampa, ID | Unrestricted | $10,000 |
| Eastside United Methodist Chicago, IL | Unrestricted | $5,000 |
| Generation to Generation Network Gilbert, AZ | Unrestricted | $5,000 |
| John Schindler Ministries Stevensville, MI | Unrestricted | $5,000 |
| Sim USA Charlotte, NC | Unrestricted | $5,000 |
| Global Partners Fishers, IN | Unrestricted | $3,000 |
Ready to take the next step with King Foundation Inc?
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 | $387,119 | $16,975 | $70,096 | $68,000 | 8 | $68,000 | $22,109 | $30,356 |
| 2024 | $435,404 | $24,349 | $60,609 | $58,730 | 7 | $58,730 | $20,406 | $20,580 |
| 2023 | $471,664 | $22,816 | $38,959 | $37,000 | 7 | $37,000 | $19,681 | $18,160 |
| 2022 | $487,807 | $19,714 | $34,710 | $33,000 | 7 | $33,000 | $18,004 | $19,294 |
| 2021 | $502,803 | $19,737 | $34,495 | $33,000 | 6 | $33,000 | $17,258 | $20,569 |
| 2020 | $517,561 | $19,270 | $38,471 | $37,000 | 7 | — | $17,799 | $19,595 |
Under IRS private-foundation payout rules, King Foundation Inc reported a distributable amount of $30K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
King Foundation Inc is led by Jennifer King Soderquist, President on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Jennifer King Soderquist
President
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about King Foundation Inc
How much does King Foundation Inc give each year?
King Foundation Inc gave $68K across 8 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $59K across 7 grants.
What is King Foundation Inc's typical grant size?
King Foundation Inc's median grant in 2025 was $5,000, and its average grant was $8,500, across 8 grants on its 2025 IRS Form 990-PF.
Where does King Foundation Inc give grants?
King Foundation Inc's top state is Wisconsin, with 37% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Illinois (22%) and Idaho (15%).
Does King Foundation Inc give general operating support?
Yes: 100% of King Foundation Inc's 2025 grants with a stated purpose (8 of 8) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are King Foundation Inc's largest grantees?
King Foundation Inc's largest 2025 grantees include Potters House ($25,000), Dickson Valley ($10,000) and Mission Aviation Fellowship ($10,000), according to its 2025 IRS Form 990-PF. Together they received 66% of its itemized 2025 grant dollars.
How large is King Foundation Inc?
King Foundation Inc reported $387K in total assets on its 2025 IRS Form 990-PF. It paid out $68K in qualifying distributions that year, against a required minimum of $30K (roughly 5% of its investment assets).
What is King Foundation Inc's EIN?
King Foundation Inc's EIN (Employer Identification Number) is 48-1140363. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 10, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 9, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
Explore Open Grants
Browse active grant opportunities in King Foundation Inc's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Illinois
Steer Inc
Bismarck, ND
STEER supports existing evangelical missionary organizations and mission projects worldwide, directing proceeds from farmer- and rancher-run agricultural and livestock projects to approved member organizations. In 2025, its grants ranged from $5,152 to $147,199, with a median of $16,305. Organizations must qualify for membership and meet STEER’s requirements; the profile does not state whether it accepts unsolicited requests.
Assets
$7.9M
Grants
62
Total Given
$1.7M
The Bolick Foundation
Conover, NC
The Bolick Foundation primarily funds Christian ministries and evangelism, as well as religious, educational, charitable, scientific, and medical programs; its 2025 grants ranged from $1,000 to $6.67 million, with a median of $39,787. Based in North Carolina, it funded organizations across the U.S., with the largest share of 2025 grant dollars going to Missouri. It states that it does not accept unsolicited requests.
Assets
$55.1M
Grants
266
Total Given
$22.5M
World Vision Inc
Federal Way, WA
World Vision funds international community development and emergency relief, as well as U.S. domestic programs and family assistance, with grants supporting needs such as disaster relief, food, housing, health, education, and child protection. In 2025, grants ranged from $5,139 to $14.46 million, with a median of $65,954; its work spans nearly 100 countries and the United States. The profile does not state whether it accepts unsolicited requests.
Assets
$515.3M
Grants
410
Total Given
$157.4M
Christian Community Foundation Inc
Colorado Springs, CO
WaterStone supports domestic and international nonprofits, including Christian ministries and charitable and educational organizations, through donor-directed grants; eligible organizations must be IRS-recognized 501(c)(3)s whose mission aligns with its Statement of Faith. Its 2025 grants had a median of $20,000, with awards ranging from $5,028 to $11 million, and were concentrated in Texas and Colorado. Grant recommendations come from donor-advised fund holders; the profile does not state that it accepts unsolicited requests.
Assets
$746.4M
Grants
1,651
Total Given
$161.8M
The Chicago Community Trust
Chicago, IL
The Chicago Community Trust funds eligible nonprofits working to narrow the wealth gap and meet urgent needs, with priorities including economic mobility, education, jobs, homeownership, and community development in metropolitan Chicago and Cook County. Its 2025 grants had a median of $26,500, though amounts varied widely; the profile does not state whether it accepts unsolicited requests.
Assets
$7.1B
Grants
4,316
Total Given
$1.2B
The Boyd and Joan Kelley Charitable Foundation
Wichita Falls, TX
The Boyd and Joan Kelley Charitable supports Christian ministries and other charitable organizations, including youth programs and international development work. In 2024, grants ranged from $1,000 to $40,000, with a median of $5,000; funding went to organizations in multiple states, led by Texas. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$12.1M
Grants
72
Total Given
$567K
More similar funders
More Funders in Illinois
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from King Foundation Inc'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.
King Foundation Inc down — hundreds of funders to go?