Skip to main contentqqebfsud

Carl B. and Florence E. King Foundation

Profile

Last Updated: 2016-09-22

At A Glance

Carl B. and Florence E. King Foundation

2301 Cedar Springs Rd., Ste. 330

Dallas, TX United States 75201-7886

Telephone: (214) 750-1884

URL: www.kingfoundation.com

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $78,955,202

Total giving: $2,860,107

EIN

756052203

BRIDGE Number

0411827384

Background

Established in 1966 in TX, US; Carl B. and Florence E. King established their private foundation in 1966. Originally from the Northeast, the Kings settled in Tulsa, Oklahoma in 1909, where Mr. King began work as an oilfield roughneck. The family prospered and he founded his own drilling company. As his company became involved in the West Texas oilfields, the family relocated to Dallas in 1935 and Mr. King opened an office in Midland. Mr. King died in 1967 and Mrs. King in 1983. Both Mr. and Mrs. King, and their daughter Dorothy, who died in 1992, contributed to the foundation.

Purpose and Activities

Grants are made in five counties in North Texas in specific areas, such as youth aging out of foster care. Please see foundation web site for details. Grants are made in defined areas of West Texas and Arkansas in the following areas: aging; arts, culture, and history; children and youth; education; the indigent; and nonprofit capacity, including nonprofit management.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

West Texas Rural Philanthropy Days (WTXRPD)

The foundation cosponsors a rural philanthropy conference that is held every two years. The conference provides training to rural nonprofit organizations and opportunities for those organizations to meet in person with grantmaking organizations like private foundations from across the region. The next conference will be held in summer 2017.

Fields of Interest

Subjects
  • Alzheimer's disease
  • Arts and culture
  • Arts education
  • Basic and remedial instruction
  • Child abuse
  • Child educational development
  • Child welfare
  • Domestic violence
  • Early childhood education
  • Education
  • Elder abuse
  • Family services
  • Food banks
  • Food delivery
  • Health care access
  • Historical activities
  • HIV/AIDS
  • Housing development
  • Human services
  • Job counseling
  • Nonprofits
  • Out-patient medical care
  • Performing arts
  • Public libraries
  • Rural development
  • School-based health care
  • Senior services
  • Youth development
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Homeless people
  • Low-income and poor people
  • Seniors
  • Students

Financial Data

Year ended 2014-12-31

Assets: $78,955,202 (market value)

Expenditures: $4,151,332

Total giving: $2,860,107

Qualifying distributions: $3,640,161

Giving activities include:

$2,860,107 for 90 grants (high: $300,000; low: $1,500)

Estimated financial data for year ending 2015-12-31:

Grants: $2,700,000