Stephen and Christy King

Foundation · Grantmaker Chicago, IL EIN: 81-4756312

The Stephen and Christy King Family Foundation is a private foundation based in Chicago, Illinois, established in 2017. The foundation operates as a 501(c)(3) organization with no employees, functioning as a grantmaking entity that distributes funds to charitable organizations across the United States.

Key facts about Stephen and Christy King

EIN
81-4756312
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$1,403,104
Grants made (2024)
20
Average grant
$70,155
Median grant
$25,000
New grantees (estimate)
70% first-time grantees (14 of 20, 2024)
Total assets
$5,743,781
Primary geography
Illinois (100% of itemized 2024 grant dollars)
How to apply
The foundation has indicated it only accepts contributions to pre-selected organizations; unsolicited requests for funds are not considered. Full details ↓

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Stephen and Christy King funds

By grant dollars, the top recipient states for Stephen and Christy King's 20 itemized 2024 grants were Illinois (100%). The most frequent recipient cities were Chicago, IL (8 grants), Evanston, IL (7 grants) and Wilmette, IL (2 grants). 100% of grants with a stated purpose were for general or operating support.

Is Stephen and Christy King open to new grantees?

70%

first-time grantees, 2024

In 2024, 14 of 20 grantees (70%) were first-time recipients. First grants averaged $19K; repeat grants $190K. How we count

Medians: $25K first-time, $100K repeat.

  • 30% of 2024 grantees were also funded in 2023. Method
  • Giving grew 178% from 2021 to 2024. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.7M

+118.5% YoY

Annual Giving

$1.4M

+122.4% YoY

Grant Count

20

+53.8% YoY

Avg Grant Size

$70K

+44.5% YoY

Under IRS private-foundation payout rules, Stephen and Christy King reported a distributable amount of $87K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Grantmaking

Grant Range

$5,000–$569,604

Average Grant

amount varies by year

How to Apply

**

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Geographic Focus

Where this funder awards grants

The foundation supports organizations across multiple states and cities, including:

States: California, Florida, Georgia, Illinois, Maryland, and New York

Cities: Algonquin, Alpharetta, Baltimore, Champaign, Chicago, Durand, Evanston, High Springs, Palo Alto, Rhinebeck, Urbana, and Wilmette

Grant Distribution by State

7states

Share of all 20 itemized 2024 grant dollars.

Cities

ChicagoEvanstonWilmetteHigh SpringsBaltimoreUrbanaAlgonquinAlpharettaChampaignCloverdaleCountrysideDes PlainesDurandPalo AltoPittsburghRhinebeckSkokie

Financial History

Multi-year comparison from IRS filings

As of 2023:

  • Total Assets: $2,628,554
  • Total Revenue: $1,005,776
  • Total Expenses: $640,389
  • Total Grants, Contributions, etc.: $994,500
  • Investment Income and Dividends: $46,252

As of 2024:

  • Total Assets: $5,743,781
  • Total Giving: $1,403,104

The foundation has shown growth in assets and increased giving activity year over year. Investment income increased 76.5% from 2022 to 2023.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$4M$5M20202021202220232024
Metric202420232022
Total Assets$5,743,781$2,628,554$2,263,167
Revenue$4,524,314$1,005,776$954,995
Expenses$1,409,087$640,389$679,251
Qualifying Distributions$1,403,104$631,000$678,000
Net Investment Income$2,514,105$43,901$25,937
Distributable Amount$86,739$96,653$86,824

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$351K$702K$1M$1M12 grants20209 grants20219 grants202213 grants202320 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Big Shoulders Fund: $570KBig Shoulders Fund$570KCatholic Charities: $310KCatholic Charities$310KLoyola Academy: $100KLoyola Academy$100KBoys Hope Girls Hope: $100KBoys Hope Girls Hope$100KSt John Henry Newman Pari: $40KSt John Henry Newman Pari$40KThe Firehouse: $35KThe Firehouse$35KThe Academy at St Jo an of: $25KThe Academy at St Jo an of$25KCawc: $25KCawc$25KSt Vincent De Paul: $25KSt Vincent De Paul$25KWorld Bicycle Relief: $25KWorld Bicycle Relief$25K

Grant Size Distribution

63 grants across all recorded years

44<$50K2$50–100K12$100–250K4$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Big Shoulders Fund ($569,604), Catholic Charities ($310,000), Loyola Academy ($100,000).

RecipientPurposeAmount
BIG SHOULDERS FUND Chicago, ILGENERAL FUND$569,604
CATHOLIC CHARITIES Chicago, ILGENERAL FUND$310,000
LOYOLA ACADEMY Wilmette, ILGENERAL FUND$100,000
BOYS HOPE GIRLS HOPE Wilmette, ILGENERAL FUND$100,000
ST JOHN HENRY NEWMAN PARI Evanston, ILGENERAL FUND$40,000
THE FIREHOUSE Chicago, ILGENERAL FUND$35,000
THE ACADEMY AT ST JO AN OF Evanston, ILGENERAL FUND$25,000
CAWC Evanston, ILGENERAL FUND$25,000
ST VINCENT DE PAUL Chicago, ILGENERAL FUND$25,000
WORLD BICYCLE RELIEF Chicago, ILGENERAL FUND$25,000

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is led by a team of directors who serve without compensation:

  • Stephen V. King – President
  • Carroll C. King – Vice President
  • John C. King – Director
  • Colleen F. King – Director
  • Briggs T. King – Director
  • William C. King – Director

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Stephen V KingPresident——
Carroll C KingVice President——
John C KingDirector——
Colleen F KingDirector——
Briggs T KingDirector——
William C KingDirector——

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

How do I apply for a grant from Stephen and Christy King?

The foundation has indicated it only accepts contributions to pre-selected organizations; unsolicited requests for funds are not considered. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

Where does Stephen and Christy King make grants?

The foundation supports organizations across multiple states and cities, including: **States:** California, Florida, Georgia, Illinois, Maryland, and New York **Cities:** Algonquin, Alpharetta, Baltimore, Champaign, Chicago, Durand, Evanston, High Springs, Palo Alto, Rhinebeck, Urbana, and Wilmette

What size grants does Stephen and Christy King award?

In 2024, Stephen and Christy King awarded 20 grants totaling $1.4M — an average of about $70K per grant, based on its IRS Form 990 filings.

How much is Stephen and Christy King required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Stephen and Christy King reported a distributable amount of $87K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Stephen and Christy King's EIN?

Stephen and Christy King's EIN (Employer Identification Number) is 81-4756312. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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