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

18

+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

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states
+1 more states

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
$0$39K$78K$117K$155K20202021202220232024
Metric202420232022
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

$0$33K$66K$98K$131K12 grants20208 grants20217 grants202217 grants202318 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

NAPA VALLEY FESTIVAL ASS…$60KTHE UCLA FOUNDATION$10KTHE GRATEFUL FILM FUND$10KANGELS AT RISK$10KFRIENDS OF FAI$7KTHE COLLEAGUES$5KLOS ANGELES COUNTY MUSEU…$5KTHE BRENT SHAPIRO FOUNDA…$5KWORLD MONUMENTS FUND$5KGANNA WALSKA LOTUSLAND$4K

Grant Size Distribution

62 grants across all recorded years

61<$50K1$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 Napa Valley Festival Association ($59,666), The Ucla Foundation ($10,000), The Grateful Film Fund ($10,000).

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

NameTitleHoursCompensation
LAUREN KINGTRUSTEE0.5

Subject Areas

Focus areas based on grantmaking activity

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.

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Related Funders

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

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