The William M King Foundation
The William M King Charitable Foundation is a private grantmaking foundation established in 1994 in Pennsylvania and currently based in Mc Gaheysville, Virginia. The foundation operates as a 501(c)(3) organization dedicated to philanthropic work in support of underserved communities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.0M
+3.1% YoY
Annual Giving
$407K
-6.8% YoY
Grant Count
36
+2.9% YoY
Avg Grant Size
$11K
-9.4% YoY
Under IRS private-foundation payout rules, The William M King Foundation reported a distributable amount of $393K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
In the spirit of its benefactor, Dr. William M. King (1927–2007), the foundation supports organizations, programs, and causes that seek to enrich the quality of life for African Americans and other underserved audiences.
The foundation's primary focus areas include:
- Education: Promoting meaningful social change through both formal and informal education
- Arts and Cultural Experiences: Sponsoring opportunities for learning through arts and cultural programming
- Music and Jazz: Supporting music education and the preservation of jazz legacy
- Literacy: Promoting literacy initiatives
- Community Support: Providing grants to expand local library services and supporting underprivileged individuals and families
The foundation supports initiatives of both well-established and grassroots organizations, with a special focus on Philadelphia-based institutions.
Grantmaking
Grant Range
s**: Typical awards range from $5,000 to $50,000.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Pennsylvania and Virginia, with a special emphasis on Philadelphia-based institutions.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $7,991,755
- Total Giving: $406,500
- Total Revenue: $319,214
- Total Expenses: $527,411
- Total Liabilities: $0
As of 2023:
- Total Assets: $7.76 Million
- Total Revenue: $622,000
- Total Expenses: $551,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,991,755 | $7,755,131 | $5,110,452 |
| Revenue | $319,214 | $622,410 | $390,897 |
| Expenses | $527,411 | $551,353 | $565,539 |
| Qualifying Distributions | $406,500 | $539,709 | $553,538 |
| Net Investment Income | $312,902 | $610,763 | $349,122 |
| Distributable Amount | $392,601 | $304,379 | $268,281 |
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
166 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Save Your Soles ($25,000), James Madison University ($20,000), Philadelphia Clef Club of Jazz ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| James Madison University Harrisonburg, VA | Grant Events | $20,000 |
| Lifeline Music Coalition Inc Philadelphia, PA | Preserving and promoting jazz and the arts in Philadelphia | $7,500 |
| Rock to the Future Philadelphia, PA | Musical Education | $10,000 |
| Philadelphia Childrens Alliance Philadelphia, PA | Educational | $6,500 |
| Jubilee School Philadelphia, PA | Integrating academic scholarships, arts & Social | $15,000 |
| Save Your Soles Philadelphia, PA | aims to eliminate lower extremity amputations for diabetics | $25,000 |
| TILT Institute for the Contemporary Philadelphia, PA | supports contemporary photographers and image maker | $5,000 |
| Smith Memorial Playground Playhouse Philadelphia, PA | general operations | $10,000 |
| Philadelphia Clef Club of Jazz Philadelphia, PA | Celebrate and preserve the legacy of Jazz | $20,000 |
| The Public Interest Law Center Philadelphia, PA | ses high-impact legal strategies to advance the civil, social, and economic rights of communities in the Philadelphia region. | $15,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation's activities are directed jointly by three trustees:
- Theresa King, President
- Mira Zergani, Secretary
- Lamont King, Treasurer
The trustees meet quarterly and as necessary to make funding decisions and review the progress of current grants.
Founder
Dr. William M. King (1927–2007) was born in Philadelphia, Pennsylvania. He was educated in the Philadelphia public school system and graduated from Central High School in 1945. He earned a Bachelor's degree with honors in mathematics, chemistry, and physics from the University of Michigan, where he received a Phi Beta Kappa key. Dr. King graduated from the Philadelphia College of Osteopathic Medicine in 1962 and established a general practice in family medicine in the Germantown section of Philadelphia, where he distinguished himself as a practitioner of community-based care.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Lamont King | Director | 10 | $30,000 |
| Theresa King | Director | 10 | $30,000 |
| Mira Zergani | Director | 10 | $30,000 |
Contact Information
- Address: 182 Spotswood Lane, Mc Gaheysville, VA 22840-2807
- Phone: 540-289-3811
- Website: www.wmkingfoundation.org
- EIN: 23-7788220
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The William M King Foundation fund?
In the spirit of its benefactor, Dr. William M. King (1927–2007), the foundation supports organizations, programs, and causes that seek to enrich the quality of life for African Americans and other underserved audiences. The foundation's primary focus areas include: • **Education**: Promoting meaningful social change through both formal and informal education • **Arts and Cultural Experiences**: Sponsoring opportunities for learning through arts and cultural programming • **Music and Jazz**: Su…
How do I apply for a grant from The William M King Foundation?
**Grant Sizes**: Typical awards range from $5,000 to $50,000. **Recent Grant Activity**: In 2024, the foundation made 30 grants totaling $406,500. Recent grants include: • James Madison University: $20,000 (Grant Events) • Philadelphia Clef Club for Jazz and Performing Arts: $20,000 (Celebrate and Preserve the Legacy of Jazz) • West Chester Children's Chorus: $15,000 (General Operations) **Financial Giving**: Total giving in 2024 was $406,500.
Where does The William M King Foundation make grants?
The foundation primarily funds organizations in Pennsylvania and Virginia, with a special emphasis on Philadelphia-based institutions.
What size grants does The William M King Foundation award?
In 2024, The William M King Foundation awarded 36 grants totaling $407K — an average of about $11K per grant, based on its IRS Form 990 filings.
How much is The William M King Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The William M King Foundation reported a distributable amount of $393K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The William M King Foundation's EIN?
The William M King Foundation's EIN (Employer Identification Number) is 23-7788220. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The William M King Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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