Peter J King Family Foundation
The Peter J King Family Foundation is a private foundation based in Golden Valley, Minnesota. Its mission is to provide bricks-and-mortar funding to organizations working to improve children’s health, education, and welfare and to build stronger family environments.
Peter J King Family Foundation at a glance
In short: Peter J King Family Foundation gave $6.2M across 24 grants in 2024 (avg $258K), mostly in Minnesota. 21% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $6,185,490
- +191.8% vs 2023
- Grants made (2024)
- 24
- +4.3% vs 2023
- Average grant
- $257,729
- +179.6% vs 2023
- Median grant
- $18,500
- Total assets
- $68,908,923
- +7.1% vs 2023
- New grantees (estimate)
- 21% first-time grantees (5 of 24, 2024; small sample)
- Primary geography
- Minnesota (97% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Peter J King Family Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation’s 2024 filing states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Its website describes an initial Letter of Inquiry followed, if the foundation invites further consideration, by a complete grant request package.
- Contact
Mailing address: 701 Xenia Avenue South Suite 130, Golden Valley, MN 55416
Phone: (612) 884-0248
Website: https://pjkingfamilyfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from Peter J King Family Foundation
Who Peter J King Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Hope Academy ($1.3M). Together the top 10 received $6.1M.
Grant Size Distribution
126 grants across all recorded years
The most common grant size was under $50K: 80 grants of 126 (63%).
Geographic Focus
Where this funder awards grants
The foundation’s website identifies the Minneapolis–St. Paul metropolitan area as its primary service area. It gives priority to organizations operating primarily in the inner cities of Minneapolis and St. Paul, organizations serving a broader community when more than 50% of those served live in Hennepin and Ramsey counties, and organizations originating in the core cities whose significant majority of people served live within the seven-county metropolitan area. It also identifies Iringa District in Tanzania as a geographic focus.
In 2024, 97% of grant dollars went to recipients in Minnesota, 3% to Michigan, and less than 1% to Wisconsin.
Grant Distribution by State
Share of 2024 grant dollars across all 24 itemized grants.
Cities
Is Peter J King Family Foundation open to new grantees?
21%
first-time grantees, 2024
In 2024, 5 of 24 grantees (21%) were first-time recipients. With only 24 grantees, that is a small sample: one grantee more or less moves the share by about 4 points. First grants averaged $633K; repeat grants $159K. How we count
Medians: $535K first-time, $10K repeat.
- 75% of 2024 grantees were also funded in 2023. Method
- Giving grew 54% from 2021 to 2024. Method
- In 2024 it paid out 136% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $2.1M (2023) to $6.2M (2024). In 2024 it made 24 grants totaling $6.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hope Academy Minneapolis, MN | General Purpose | $1,308,000 |
| Every Meal Roseville, MN | General Purpose | $1,200,000 |
| YMCA of the North Minneapolis, MN | General Purpose | $1,115,000 |
| Big Brothers Big Sisters Twins Cities Minneapolis, MN | General Purpose | $640,000 |
| Belwin Conservancy Afton, MN | General Purpose | $535,490 |
| Project Success Minneapolis, MN | General Purpose | $520,000 |
| Shoulder to Shoulder Eagan, MN | General Purpose | $350,000 |
| General Assistance Inc Southfield, MI | General Purpose | $200,000 |
| Global Volunteers Little Canada, MN | General Purpose | $103,000 |
| Constellation Fund Minneapolis, MN | General Purpose | $100,000 |
Ready to take the next step with Peter J King Family Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $68,908,923 | $13,309,955 | $8,755,668 | $6,185,490 | 24 | $6,440,325 | $11,168,804 | $4,721,345 |
| 2023 | $64,354,636 | $3,234,035 | $4,313,800 | $2,120,000 | 23 | $2,345,488 | $1,287,795 | $4,219,326 |
| 2022 | $65,434,401 | $2,415,430 | $4,907,140 | $2,172,992 | 22 | $2,399,968 | $410,779 | $4,280,502 |
| 2021 | $67,926,111 | $5,280,809 | $6,415,537 | $4,024,941 | 25 | $4,256,638 | $3,185,130 | $4,388,138 |
| 2020 | $69,060,839 | $2,986,048 | $5,962,633 | $3,938,670 | 32 | — | $1,203,251 | $3,856,875 |
Under IRS private-foundation payout rules, Peter J King Family Foundation reported a distributable amount of $4.7M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation’s stated mission is to provide bricks-and-mortar funding to organizations whose activities improve children’s health, education, and welfare and build a stronger family environment. Its website says grant requests are evaluated for their emphasis on economically disadvantaged areas, the organization’s ability to sustain operations over the long term, the number of people who will benefit, and the foundation’s role as a major donor. It does not consider program-funding gifts.
Examples of supported organizations illustrate a range of activities. Hope Academy says it operates a K–12 school in urban Minneapolis providing a classical Christian education. Every Meal says its mission is to fight child hunger through community and school partnerships. Belwin Conservancy says it works to inspire connection and engagement with the natural world. Project Success says it helps young people envision and pursue their futures, and Shoulder to Shoulder says it supports health and life in rural southeastern Tanzania through work related to Ilula Lutheran Hospital.
Grantmaking
In filing year 2024, the foundation reported 24 grants totaling $6,185,490. Grants ranged from $2,000 to $1,308,000, with a median grant of $18,500.
The largest reported grants included $1,308,000 to Hope Academy, $1,200,000 to Every Meal, $1,115,000 to YMCA of the North, $640,000 to Big Brothers Big Sisters Twin Cities, $535,490 to Belwin Conservancy, and $520,000 to Project Success. Each was reported for general purposes.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Russell S. King as president; Stephen D. Higgins as secretary; and James C. Teal, James A. Weichert, and Eric L. Fotsch as directors.
Peter J King Family Foundation is led by Russell S. King, President on every filing since 2020; 3 of 5 officers listed in 2024 are compensated.
Officers on the 2024 filing
Russell S. King
President
On filings since 2020
6 hrs/week
No compensation reported
James A. Weichert
Director
Officer → Director, 2022
On filings since 2020
1 hr/week
$2K (2020) → $4K (2024)
James C. Teal
Director
Officer → Director, 2022
On filings since 2020
1 hr/week
$2K (2020) → $4K (2024)
Eric L. Fotsch
Director
On filings since 2022
1 hr/week
$2K (2022) → $4K (2024)
Stephen D. Higgins
Secretary
On filings since 2020
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $4K, to James C Teal (Director). 3 officers or directors reported compensation on that filing.
Frequently asked questions about Peter J King Family Foundation
How much does Peter J King Family Foundation give each year?
Peter J King Family Foundation gave $6.2M across 24 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $2.1M across 23 grants.
What is Peter J King Family Foundation's typical grant size?
Peter J King Family Foundation's median grant in 2024 was $18,500, and its average grant was $257,729, across 24 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Peter J King Family Foundation that year got $633K on average.
Where does Peter J King Family Foundation give grants?
Peter J King Family Foundation gives mostly in Minnesota: 97% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Minneapolis, MN (8 grants), St. Paul, MN (3 grants) and Rockford, MN (2 grants).
Does Peter J King Family Foundation give general operating support?
Yes: 100% of Peter J King Family Foundation's 2024 grants with a stated purpose (24 of 24) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Peter J King Family Foundation's largest grantees?
Peter J King Family Foundation's largest 2024 grantees include Hope Academy ($1,308,000), Every Meal ($1,200,000) and YMCA of the North ($1,115,000), according to its 2024 IRS Form 990-PF. Together they received 59% of its itemized 2024 grant dollars.
How large is Peter J King Family Foundation?
Peter J King Family Foundation reported $68.9M in total assets on its 2024 IRS Form 990-PF. It paid out $6.4M in qualifying distributions that year, against a required minimum of $4.7M (roughly 5% of its investment assets).
What does Peter J King Family Foundation fund?
The foundation’s stated mission is to provide bricks-and-mortar funding to organizations whose activities improve children’s health, education, and welfare and build a stronger family environment. See mission & focus areas ↑
How do I apply for a grant from Peter J King Family Foundation?
The foundation’s 2024 filing states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Peter J King Family Foundation's EIN?
Peter J King Family Foundation's EIN (Employer Identification Number) is 26-1600569. IRS Form 990 filing data is available on this page for 2020–2024.
Does Peter J King Family Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Peter J King Family Foundation funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/peter-j-king-family-foundation-morg_3df721b9bb4048fb87967daab7889679
BibTeX
@misc{grantable_261600569_2026,
author = {{Grantable}},
title = {{Peter J King Family Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/peter-j-king-family-foundation-morg_3df721b9bb4048fb87967daab7889679},
note = {Accessed 2026-10-16. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Peter J King Family Foundation'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.
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