W F King Jr and Lorraine Hayes King

PITTSBURGH, PA EIN: 56-6571743

W F King Jr and Lorraine Hayes King is a private foundation, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $695K in total assets. In 2024, it awarded 1 grants totaling $31K. Net investment income was $25K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$695K

-1.4% YoY

Annual Giving

$31K

-3.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$31K

-3.5% YoY

Under IRS private-foundation payout rules, W F King Jr and Lorraine Hayes King reported a distributable amount of $36K for 2024 — the minimum it must pay out in qualifying distributions.

About W F King Jr and Lorraine Hayes King

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $164K (100%)

States

North Carolina

Cities

Greensboro

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$694,804	$704,354	$727,100
Revenue	$29,380	$14,654	$51,543
Expenses	$38,861	$37,259	$42,946
Qualifying Distributions	$34,454	$34,444	$38,572
Net Investment Income	$24,734	$15,875	$49,231
Distributable Amount	$36,002	$33,320	$34,086

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Guilford College ($30,844).

Recipient	Purpose	Amount
GUILFORD COLLEGE GREENSBORO, NC	GENERAL OPERATING	$30,844

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
GUILFORD COLLEGE	TRUSTEE	—	—

Frequently Asked Questions

How large is W F King Jr and Lorraine Hayes King?

As of 2024, W F King Jr and Lorraine Hayes King holds $695K in total assets with $29K in annual revenue. It awarded 1 grants totaling $31K in 2024.

Where does W F King Jr and Lorraine Hayes King operate?

W F King Jr and Lorraine Hayes King has awarded grants in North Carolina.

What size grants does W F King Jr and Lorraine Hayes King award?

In 2024, W F King Jr and Lorraine Hayes King awarded 1 grants totaling $31K — an average of about $31K per grant, based on its IRS Form 990 filings.

How much is W F King Jr and Lorraine Hayes King required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, W F King Jr and Lorraine Hayes King reported a distributable amount of $36K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is W F King Jr and Lorraine Hayes King's EIN?

W F King Jr and Lorraine Hayes King's EIN (Employer Identification Number) is 56-6571743. IRS Form 990 filing data is available on this page for 2020–2024.