The King's Road Foundation

PITTSBORO, NC EIN: 71-0890637

The King's Road Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBORO, NC. IRS filing data is available from 2020 through 2021. In 2021, it awarded 1 grants totaling $1K.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$1K

-94.3% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$1K

-94.3% YoY

Under IRS private-foundation payout rules, The King's Road Foundation reported a distributable amount of $60 for 2021 — the minimum it must pay out in qualifying distributions.

About The King's Road Foundation

Based on IRS filings

The King's Road Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBORO, NC. IRS filing data is available from 2020 through 2021. In 2021, it awarded 1 grants totaling $1K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

Durham

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5K$11K$16K$21K20202021
Metric20212020
Total Assets$2,330
Revenue$1,020$18,002
Expenses$2,409$19,133
Qualifying Distributions$1,879
Net Investment Income
Distributable Amount$60$143

Giving Over Time

Total grant dollars and number of grants per year

$0$4K$9K$13K$18K1 grants20201 grants2021

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2021

DURHAM ACADEMY$1K

Grant Size Distribution

2 grants across all recorded years

2<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2021 grants, the largest include Durham Academy ($1,000).

RecipientPurposeAmount
DURHAM ACADEMY DURHAM, NCTUITION AND FEES FOR SOPHIE WILLIAMSON-MCLEOD SCHOLARSHIP$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2021 filing

NameTitleHoursCompensation
JEROME STOVALL KINGPRESIDENT/TREASURER0.25
HEATH DEDMONDSECRETARY
LUDLOW KING IIIASST SEC/ASST TREASURER

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The King's Road Foundation?

The King's Road Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBORO, NC. It holds — in total assets as of 2021.

Where does The King's Road Foundation operate?

The King's Road Foundation has awarded grants in North Carolina.

What size grants does The King's Road Foundation award?

In 2021, The King's Road Foundation awarded 1 grants totaling $1K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is The King's Road Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, The King's Road Foundation reported a distributable amount of $60 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The King's Road Foundation's EIN?

The King's Road Foundation's EIN (Employer Identification Number) is 71-0890637. IRS Form 990 filing data is available on this page for 2020–2021.

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

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