King Jr M L Foundation Res

Foundation · Grantmaker WILMINGTON, DE EIN: 22-6890421

King Jr M L Foundation Res is a private foundation focused on Civil Rights, Social Action & Advocacy, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $688K in total assets. In 2024, it awarded 1 grants totaling $30K. Net investment income was $281K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$688K

+55.6% YoY

Annual Giving

$30K

Grant Count

Avg Grant Size

$30K

Under IRS private-foundation payout rules, King Jr M L Foundation Res reported a distributable amount of $29K for 2024 — the minimum it must pay out in qualifying distributions.

About King Jr M L Foundation Res

Based on IRS filings

Focus Areas

Civil Rights, Social Action & Advocacy

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Georgia $132K (100%)

States

Georgia

Cities

Atlanta

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$687,856	$442,139	$437,404
Revenue	$290,275	$15,857	$15,121
Expenses	$42,130	$10,895	$47,083
Qualifying Distributions	$32,716	$2,750	$36,567
Net Investment Income	$281,187	$8,915	$5,408
Distributable Amount	$29,025	$29,966	$31,840

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

4 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Martin Luther King Jr Center ($29,966).

Recipient	Purpose	Amount
MARTIN LUTHER KING JR CENTER ATLANTA, GA	UNRESTRICTED GIFT	$29,966

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Subject Areas

Focus areas based on grantmaking activity

Civil Rights, Social Action & Advocacy

Frequently Asked Questions

What is King Jr M L Foundation Res?

King Jr M L Foundation Res is a private foundation focused on Civil Rights, Social Action & Advocacy, based in WILMINGTON, DE. It holds $688K in total assets as of 2024.

How large is King Jr M L Foundation Res?

As of 2024, King Jr M L Foundation Res holds $688K in total assets with $290K in annual revenue. It awarded 1 grants totaling $30K in 2024.

Where does King Jr M L Foundation Res operate?

King Jr M L Foundation Res has awarded grants in Georgia.

What size grants does King Jr M L Foundation Res award?

In 2024, King Jr M L Foundation Res awarded 1 grants totaling $30K — an average of about $30K per grant, based on its IRS Form 990 filings.

How much is King Jr M L Foundation Res required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, King Jr M L Foundation Res reported a distributable amount of $29K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.