Lauren and Richard King Charitable Trust

SHERMAN OAKS, CA EIN: 26-6838523

Lauren and Richard King Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SHERMAN OAKS, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $347K in total assets. In 2024, it awarded 18 grants totaling $131K. Net investment income was $17K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$347K

-25.1% YoY

Annual Giving

$131K

+112.5% YoY

Grant Count

+5.9% YoY

Avg Grant Size

$7K

+100.7% YoY

Under IRS private-foundation payout rules, Lauren and Richard King Charitable Trust reported a distributable amount of $22K for 2024 — the minimum it must pay out in qualifying distributions.

About Lauren and Richard King Charitable Trust

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $228K (83%)

New York $27K (10%)

Michigan $5K (2%)

Texas $5K (2%)

Arizona $3K (1%)

Virginia $3K (1%)

Pennsylvania $3K (1%)

South Dakota $200 (0%)

+1 more states

States

Arizona California Colorado Michigan New York Pennsylvania South Dakota Texas Virginia

Cities

Beverly HillsChamberlainChandlerDenverFalls ChurchFolsomGranada HillsGrosse PointeHawthorneHoustonLong BeachLos AngelesMontecitoNapaNew YorkPasadenaPhoenixPhoenixvilleSanta BarbaraSanta Monica

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$347,065	$463,590	$470,240
Revenue	$27,276	$58,292	$-10,635
Expenses	$141,301	$67,442	$27,738
Qualifying Distributions	$131,226	$61,767	$19,631
Net Investment Income	$17,201	$52,617	—
Distributable Amount	$21,855	$22,270	$23,798

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

62 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Napa Valley Festival Association ($59,666), The Ucla Foundation ($10,000), The Grateful Film Fund ($10,000).

Recipient	Purpose	Amount
THE UCLA FOUNDATION PASADENA, CA	PROVIDE FUNDING TO UCLA VATCHE AND TAMAR MANOUKIAN DIVISION OF DIGESTIVE DISEASES.	$10,000
FRIENDS OF FAI NEW YORK, NY	PROVIDE FUNDING TO FOSTER AWARENESS AND APPRECIATION OF ITALY'S CULTURAL HERITAGE	$7,000
THE MUSIC CENTER LOS ANGELES, CA	PROVIDING FUNDING TO CHAMPION THE ARTS IN LOS ANGELES FOR ALL PEOPLE.	$2,500
THE COLLEAGUES SANTA MONICA, CA	PROVIDING FUNDING TO CHILDREN'S INSTITUTE INTERNATIONAL.	$5,000
LOS ANGELES COUNTY MUSEUM OF ART LOS ANGELES, CA	PROVIDE FUNDING TO ENGAGE ARTISTS AND AUDIENCES THROUGH AN AMBITIOUS PROGRAM OF EXHIBITIONS, COLLECTION, EDUCATION, AND PUBLICATION.	$5,000
GANNA WALSKA LOTUSLAND MONTECITO, CA	PROVIDE FUNDING TO MAINTAIN AND IMPROVE THE ESTATE AND BOTANICAL GARDENS OF MADAME GANNA WALSKA.	$3,800
THE GRATEFUL FILM FUND LONG BEACH, CA	PROVIDE FUNDING TO AID IN PROMOTING THE PUBLIC AWARENESS FOR CRITICAL ENVIRONMENTAL AND SOCIAL ISSUES THROUGH VISUAL MEDIA.	$10,000
NAPA VALLEY FESTIVAL ASSOCIATION NAPA, CA	PROVIDE FUNDING TO FUND EDUCATIONAL PROGRAMS FOR YOUTH AND SENIORS, FACILIATE FREE/AFFORDABLE CONCERTS, AND PROVIDE SCHOLARSHIPS.	$59,666
THE BRENT SHAPIRO FOUNDATION LOS ANGELES, CA	PROVIDING FUNDING TO CONQUER ALCOHOL AND DRUG DEPENDENCE.	$5,000
CHILDREN'S DIABETES FOUNDATION PHOENIX, AZ	PROVIDE FUNDING TO SUPPORT DIABETES RESEARCH AND CARE.	$1,700

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
LAUREN KING	TRUSTEE	0.5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Lauren and Richard King Charitable Trust?

Lauren and Richard King Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SHERMAN OAKS, CA. It holds $347K in total assets as of 2024.

How large is Lauren and Richard King Charitable Trust?

As of 2024, Lauren and Richard King Charitable Trust holds $347K in total assets with $27K in annual revenue. It awarded 18 grants totaling $131K in 2024.

Where does Lauren and Richard King Charitable Trust operate?

Lauren and Richard King Charitable Trust has awarded grants in Arizona, California, Colorado, Michigan, New York, Pennsylvania, South Dakota, Texas, Virginia.

What size grants does Lauren and Richard King Charitable Trust award?

In 2024, Lauren and Richard King Charitable Trust awarded 18 grants totaling $131K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Lauren and Richard King Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Lauren and Richard King Charitable Trust reported a distributable amount of $22K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Lauren and Richard King Charitable Trust's EIN?

Lauren and Richard King Charitable Trust's EIN (Employer Identification Number) is 26-6838523. IRS Form 990 filing data is available on this page for 2020–2024.