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
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.
Ready to take the next step with The William M King Foundation?
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
No grants recorded for .
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
Related Funders
Similar funders by location and focus area
Wolf Family Charitable Trust
OAKTON, VA
Assets
$385K
Grants
5
Total Given
$189K
Stone Ridge Foundation
ALTAVISTA, VA
Assets
$6.4M
Grants
2
Total Given
$15K
Lawrence and Ira Straus Charitable Tr
ARLINGTON, VA
Assets
$236K
Grants
12
Total Given
$8K
Iraqi Children Foundation Inc
FAIRFAX, VA
Assets
$101K
Grants
2
Total Given
$610K
Mjh Foundation
VIRGINIA BEACH, VA
Assets
$46.5M
Grants
1
Total Given
$1.9M
The Roth Family Foundation
ARLINGTON, VA
Assets
$67K
Grants
1
Total Given
$25K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The William M King Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities