Kings Purse Foundation

Foundation · Grantmaker BRYAN, TX EIN: 88-2032716

Kings Purse Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BRYAN, TX. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $6K in total assets. In 2024, it awarded 2 grants totaling $51K. Net investment income was $17K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6K

-62.0% YoY

Annual Giving

$51K

+39.0% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$25K

+39.0% YoY

Under IRS private-foundation payout rules, Kings Purse Foundation reported a distributable amount of $288 for 2024 — the minimum it must pay out in qualifying distributions.

About Kings Purse Foundation

Based on IRS filings

Kings Purse Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BRYAN, TX. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $6K in total assets. In 2024, it awarded 2 grants totaling $51K. Net investment income was $17K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Bryan

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$14K$28K$42K$56K202220232024
Metric202420232022
Total Assets$5,926$15,596$2,200
Revenue$50,657$50,104$4,578
Expenses$50,657$36,708$2,378
Qualifying Distributions$50,561$36,366
Net Investment Income$17,416$32,694
Distributable Amount$288

Giving Over Time

Total grant dollars and number of grants per year

$0$13K$25K$38K$51K0 grants20222 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

TOTAL OF ALL OTHER CHARI…$33KDECLARATION CHURCH$18K

Grant Size Distribution

4 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Total of All Other Charitable Contributions Paid ($32,561), Declaration Church ($18,000).

RecipientPurposeAmount
DECLARATION CHURCH BRYAN, TXCHARITABLE CONTRIBUTIONS$18,000
TOTAL OF ALL OTHER CHARITABLE CONTRIBUTIONS PAID BRYAN, TXCHARITABLE CONTRIBUTIONS$32,561

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
SCOTT MONKTRUSTEE2
ERIN MONKTRUSTEE2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Kings Purse Foundation?

Kings Purse Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BRYAN, TX. It holds $6K in total assets as of 2024.

How large is Kings Purse Foundation?

As of 2024, Kings Purse Foundation holds $6K in total assets with $51K in annual revenue. It awarded 2 grants totaling $51K in 2024.

Where does Kings Purse Foundation operate?

Kings Purse Foundation has awarded grants in Texas.

What size grants does Kings Purse Foundation award?

In 2024, Kings Purse Foundation awarded 2 grants totaling $51K — an average of about $25K per grant, based on its IRS Form 990 filings.

How much is Kings Purse Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Kings Purse Foundation reported a distributable amount of $288 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Kings Purse Foundation's EIN?

Kings Purse Foundation's EIN (Employer Identification Number) is 88-2032716. IRS Form 990 filing data is available on this page for 2022–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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