King Scholarship Fund
King Scholarship Fund is an Ithaca, New York–based private foundation that makes scholarship grants. Its 2025 filing states that scholarship applicants must be residents of Cayuga County, New York.
King Scholarship Fund at a glance
In short: King Scholarship Fund gave $22K across 10 grants in 2025 (avg $2K), mostly in New York. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $22,000
- +10.0% vs 2024
- Grants made (2025)
- 10
- -9.1% vs 2024
- Average grant
- $2,200
- +21.0% vs 2024
- Median grant
- $2,000
- Total assets
- $625,939
- +4.4% vs 2024
- Primary geography
- New York (80% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to King Scholarship Fund
- How to Apply
-
The 2025 filing says to request an application from the King Scholarship Committee at the 1st Presbyterian Church. The filing states that scholarship applicants must be residents of Cayuga County, New York.
- Review Cycle
- The filing lists a deadline “on or about May 28th”; it does not specify a year.
- Deadline
- The filing lists a deadline “on or about May 28th”; it does not specify a year.
- Contact
Application contact: King Scholarship Fund
Mailing address: 1St Presbyterian Church 112 S St, Auburn, NY 13021
Phone: (315) 252-3861
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who King Scholarship Fund funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2025
The largest 2025 recipient was Le Moyne College ($3K). Together the top 8 received $16K.
Organizations only. It also paid 2 individual scholarships ($6,500), which are not listed by name.
Grant Size Distribution
50 grants across all recorded years
The most common grant size was under $50K: 50 grants of 50 (100%).
Geographic Focus
Where this funder awards grants
The filing’s applicant restriction is residency in Cayuga County, New York. In 2025, 80% of grant dollars went to recipients in New York, 9% to Arizona, 7% to Colorado, and 5% to Iowa. Percentages are as reported.
Grant Distribution by State
Share of 2025 grant dollars across all 10 itemized grants.
Cities
How King Scholarship Fund gives
- Giving grew 20% from 2022 to 2025. Method
- In 2025 it paid out 78% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2019 to 2025, annual grant giving ranged from $18K (2021) to $24K (2023). In 2025 it made 10 grants totaling $22K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 2 individual scholarships Recipients not named | — | $6,500 |
| Le Moyne College Syracuse, NY | Scholarships | $3,000 |
| Grand Canyon University Phoenix, AZ | Scholarship | $2,000 |
| Nazareth University Rochester, NY | Scholarship | $2,000 |
| Clarkson University Potsdam, NY | Scholarship | $2,000 |
| Houghton College Houghton, NY | Scholarships | $2,000 |
| University at Buffalo Buffalo, NY | Scholarships | $2,000 |
| Alfred University Alfred, NY | Scholarships | $1,500 |
| Central College Pella, IA | Scholarships | $1,000 |
Ready to take the next step with King Scholarship Fund?
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 | $625,939 | $66,719 | $41,398 | $22,000 | 10 | $28,130 | $53,605 | $36,246 |
| 2024 | $599,736 | $59,654 | $32,309 | $20,000 | 11 | $24,507 | $51,497 | $33,922 |
| 2023 | $573,022 | $20,320 | $38,702 | $23,795 | 10 | $31,730 | $11,571 | $30,893 |
| 2022 | $591,640 | $-12,763 | $34,621 | $18,285 | 11 | $25,195 | $5,352 | $31,507 |
| 2021 | $639,035 | $129,921 | $31,596 | $18,265 | 8 | $23,062 | $121,366 | $34,791 |
| 2020 | $536,363 | $46,063 | $29,525 | $19,097 | 13 | — | $39,697 | $29,402 |
| 2019 | $523,556 | $32,451 | $29,930 | $19,263 | 18 | — | $27,796 | $28,380 |
Under IRS private-foundation payout rules, King Scholarship Fund reported a distributable amount of $36K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the fund is provided. Its 2025 grants were identified as scholarships or scholarship support and went to colleges and universities. For example, Le Moyne College describes itself as a diverse learning community pursuing academic excellence in the Catholic and Jesuit tradition, while Alfred University describes its mission as helping students realize their purpose. These are the grantees’ descriptions, not the fund’s mission.
Grantmaking
In 2025, the fund reported 10 grants totaling $22,000. Grant amounts ranged from $1,000 to $5,000, with a median of $2,000. The largest awards included $5,000 to an individual recipient, $3,000 to Le Moyne College, and $2,000 each to Grand Canyon University, Nazareth University, Clarkson University, Houghton College, and the University at Buffalo.
Leadership & Key People
Leadership team and compensation from IRS filings
Bank of America is listed as trustee on the 2025 filing.
King Scholarship Fund's only listed officer is Bank Of America, Trustee on every filing since 2021 (compensated).
Officers on the 2025 filing
Bank Of America
Trustee
On filings since 2021
1 hr/week
$10K (2021) → $11K (2025)
Former officers (1)
- Former: Bank Of America N A (2019–2020) — Trustee
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $11K, to Bank of America (Trustee).
Frequently asked questions about King Scholarship Fund
How much does King Scholarship Fund give each year?
King Scholarship Fund gave $22K across 10 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $20K across 11 grants.
What is King Scholarship Fund's typical grant size?
King Scholarship Fund's median grant in 2025 was $2,000, and its average grant was $2,200, across 10 grants on its 2025 IRS Form 990-PF.
Where does King Scholarship Fund give grants?
King Scholarship Fund gives mostly in New York: 80% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Arizona (9%) and Colorado (7%).
Does King Scholarship Fund give general operating support?
Not in 2025: none of the 10 grants with a stated purpose on King Scholarship Fund's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarships" (6 grants) and "Scholarship" (4 grants).
Who are King Scholarship Fund's largest grantees?
King Scholarship Fund's largest 2025 grantees include Le Moyne College ($3,000), Grand Canyon University ($2,000) and Nazareth University ($2,000), according to its 2025 IRS Form 990-PF. It also paid 2 individual scholarships ($6,500), which are not listed by name. Together they received 32% of its itemized 2025 grant dollars.
How large is King Scholarship Fund?
King Scholarship Fund reported $626K in total assets on its 2025 IRS Form 990-PF. It paid out $28K in qualifying distributions that year, against a required minimum of $36K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does King Scholarship Fund fund?
No mission statement for the fund is provided. Its 2025 grants were identified as scholarships or scholarship support and went to colleges and universities. See mission & focus areas ↑
How do I apply for a grant from King Scholarship Fund?
The 2025 filing says to request an application from the King Scholarship Committee at the 1st Presbyterian Church. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is King Scholarship Fund's EIN?
King Scholarship Fund's EIN (Employer Identification Number) is 22-2589716. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS March 26, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS June 17, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in King Scholarship Fund's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
IBM International Foundation
Armonk, NY
The IBM International Foundation funds education and workforce programs that build 21st-century and technology job skills, including initiatives for underserved students and job seekers. Its 2024 grants ranged from $10,000 to $8.48 million, with a median of $100,000, and went to organizations across several U.S. states, especially Delaware and Massachusetts. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$357.7M
Grants
16
Total Given
$11.7M
Tuw Alice Koon FBO Scholastic Fund
Norwich, NY
The fund supports scholarships through grants to educational institutions, primarily in New York, with some funding in Florida and Utah. Its 2025 grants ranged from $1,884 to $15,000, with a median of $5,000; it gives only to preselected organizations and does not accept unsolicited requests.
Assets
$1.2M
Grants
16
Total Given
$98K
Elizabeth B Bush Mem SCHLP Ta
Brooklyn, OH
Assets
$145K
Grants
8
Total Given
$9K
Gazin Norbert L Education PFDN
Brooklyn, OH
The foundation funds scholarships through educational institutions for people born in Lewis County, New York, who lived there for at least five years and graduated from a Lewis County high school. In 2025, it made 49 grants totaling $134,263, with awards ranging from $1,000 to $16,779; most funding went to New York recipients. A counselor is listed as the application contact, but the profile does not state whether unsolicited requests are accepted.
Assets
$1.5M
Grants
49
Total Given
$134K
W H Coe Medical & Surgical Fund
Ithaca, NY
The fund primarily supports scholarships at colleges and universities, with occasional education grants. In 2025, it awarded 11 grants totaling $26,592, ranging from $1,600 to $4,544; 94% of funding went to New York and 6% to South Carolina. The filing does not say whether it accepts unsolicited requests.
Assets
$362K
Grants
11
Total Given
$27K
The Greta Godley Memorial Foundation
Ponte Vedra Beach, FL
The Greta Godley Memorial Foundation funds college scholarships for high-achieving students with limited financial resources who live in eight specified New York counties. Its 2025 grants ranged from $2,000 to $27,000, with a median of $7,000; applications go through the student’s high school, and the profile does not state whether it accepts unsolicited requests.
Assets
$3.3M
Grants
23
Total Given
$173K
More similar funders
More Funders in New York
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from King Scholarship Fund'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 Scholarship Fund down — hundreds of funders to go?