Civic Intelligence

Al King Family Foundation

EIN 87-2914039 • Wilmington, DE

Pub. 78 Eligible
Foundation Source 501 Silverside RdWilmington, DE 19809-1377
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

$10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

18th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

$10M-$25M nonprofits • Source year 2024

Net Margin

98th percentile

99%

Higher net margin than 98% of similar nonprofits.

$10M-$25M nonprofits • Source year 2024

Top Officer Pay

62nd percentile

$0

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

$10M-$25M nonprofits • Source year 2024

Asset Growth

96th percentile

89%

Faster asset growth than 96% of similar nonprofits.

$10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

26th percentile

-3.7%

Faster revenue growth than 26% of similar nonprofits.

$10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets19th percentile

Assets

Up

$11,672,620

Up $5,505,331 (+89%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$11,672,620

Up $5,505,331 (+89%) from 2023

Operations
Liabilities / Revenue18th percentileNet Margin98th percentile

Revenue

Down

$5,549,730

Down $212,853 (-3.7%) from 2023

Expenses

Up

$44,399

Up $34,349 (+342%) from 2023

Net Income

Down

$5,505,331

Down $247,202 (-4.3%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth96th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2021: $253,501Liabilities 2021: $0Net Assets 2021: $253,5012021Assets 2022: $414,756Liabilities 2022: $0Net Assets 2022: $414,7562022Assets 2023: $6,167,289Liabilities 2023: $0Net Assets 2023: $6,167,2892023Assets 2024: $11,672,620Liabilities 2024: $0Net Assets 2024: $11,672,6202024

Highlighted filing

2024

Assets$11,672,620
Liabilities$0
Net Assets$11,672,620
Open 2024 Filing

Operations Trend

Revenue Growth26th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0Revenue 2021: $260,001Expenses 2021: $6,500Net Income 2021: $253,5012021Revenue 2022: $169,692Expenses 2022: $8,437Net Income 2022: $161,2552022Revenue 2023: $5,762,583Expenses 2023: $10,050Net Income 2023: $5,752,5332023Revenue 2024: $5,549,730Expenses 2024: $44,399Net Income 2024: $5,505,3312024

Highlighted filing

2024

Revenue$5,549,730
Expenses$44,399
Net Income$5,505,331
Open 2024 Filing

Filings

Most recent year

2024 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,672,620
Liabilities
$0
Net assets
$11,672,620
Revenue
$5,549,730
Expenses
$44,399
Net income
$5,505,331
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$11.7$0.00$11.7$5.55$0.04$5.51
2023Detailed filing. Detailed filing data is available for this year.$6.17$0.00$6.17$5.76$0.01$5.75
2022Detailed filing. Detailed filing data is available for this year.$0.41$0.00$0.41$0.17$0.01$0.16
2021Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$0.26$0.01$0.25
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 7, 2025
Return Version
2024v5.2
Compensation and Service Providers
Top Officer Pay62nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Al W King IIIDir, Pres, Sec, Treas-$0--
Filing and Contact Details

Filer

Filer Name
Al King Family Foundation
EIN
87-2914039
In Care Of
% Foundation Source
Phone
8008391754
Address
Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377

Signing Officer

Name
Al W King III
Title
President
Phone
8008391754
Signed
2025-10-07
Discuss with paid preparer
Yes

Preparer

Firm
Foundation Source
Address
3333 New Hyde Park Rd Ste 406, New Hyde Park, NY 11042
Preparer
Jeffrey D Haskell
Phone
8008391754
Raw XML Appendix293 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt03480
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt15863
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt25821
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt32456
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt42335
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt51816
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt64234
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt724884
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt85339
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt97530
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt10959
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt113408
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt121139
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt134297
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt145812
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt153123
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt162458
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt1724806
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt03398
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt16052
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt25600
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt32336
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt42260
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt52273
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt64498
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt723216
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt86178
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt98711
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt101143
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt113346
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt121144
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt134969
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt145576
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt155273
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt163409
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt1723109
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm0AMERICAN BEACON AHL MNGD FUTUR
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm1ARISTOTLE VALUE EQUITY FUND CL
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm2BLACKROCK GLOBAL LONG SHORT EQ
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm3FIRST TR EXCHANGE TRADED FD VI
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm4FIRST TRUST S&P REIT INDEX F
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm5GLOBAL X MLP & ENERGY INFRASTR
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm6GOLDMAN SACHS ABSOLUTE RETURN
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm7GUGGENHEIM TOTAL RETURN BOND F
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm8HARRIS ASSOCIATION INVT TRUST
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm9HARTFORD MUTUAL FDS INC INTL V
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm10INVESCO S&P MIDCAP 400 PURE VA
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm11JANUS ENTERPRISE CL I
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm12PGIM ULTRA SHORT BD ETF
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm13POLEN GROWTH FUND INSTITUTIONA
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm14SCHRODER EMERGING MKT EQUITY F
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm15VANGARD RUSSELL 1000 GROWTH
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm16VANGUARD S&P 500 ETF
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm17WELLS FARGO CORE PLUS BOND FUN
IRS990PF/AnalysisIncomeProducingActyGrp/DividendsAndInterestFromSecDtl/ExclusionAmt0109432
IRS990PF/AnalysisIncomeProducingActyGrp/DividendsAndInterestFromSecDtl/ExclusionCd014
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/ExclusionAmt02585481
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/ExclusionCd018
IRS990PF/AnalysisIncomeProducingActyGrp/IntOnSavAndTempCashInvstGrp/ExclusionAmt0109727
IRS990PF/AnalysisIncomeProducingActyGrp/IntOnSavAndTempCashInvstGrp/ExclusionCd014
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/ExclusionAmt02804640
IRS990PF/AnalysisIncomeProducingActyGrp/TotalIncomeProducingActyAmt02804640
IRS990PF/AnalysisOfRevenueAndExpenses/AdjustedNetIncomeAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/CapGainNetIncmNetInvstIncmAmt03787909
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstRevAndExpnssAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidDsbrsChrtblAmt020000
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidRevAndExpnssAmt020000
IRS990PF/AnalysisOfRevenueAndExpenses/ContriRcvdRevAndExpnssAmt02745090
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsNetInvstIncmAmt0109432
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsRevAndExpnssAmt0109432
IRS990PF/AnalysisOfRevenueAndExpenses/ExcessRevenueOverExpensesAmt05505331
IRS990PF/AnalysisOfRevenueAndExpenses/GrossSalesPriceAmt011083984
IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavNetInvstIncmAmt0109727
IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavRevAndExpnssAmt0109727
IRS990PF/AnalysisOfRevenueAndExpenses/NetGainSaleAstRevAndExpnssAmt02585481
IRS990PF/AnalysisOfRevenueAndExpenses/NetInvestmentIncomeAmt04005881
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesDsbrsChrtblAmt023012
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesRevAndExpnssAmt023012
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesNetInvstIncmAmt01187
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesRevAndExpnssAmt01187
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesRevAndExpnssAmt0200
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesDsbrsChrtblAmt043012
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesNetInvstIncmAmt01187
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesRevAndExpnssAmt044399
IRS990PF/AnalysisOfRevenueAndExpenses/TotalNetInvstIncmAmt04007068
IRS990PF/AnalysisOfRevenueAndExpenses/TotalRevAndExpnssAmt05549730
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesDsbrsChrtblAmt023012
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesNetInvstIncmAmt01187
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnssAmt024399
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/CostOrOtherBasisAmt07296075
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt03787909
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt03787909
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GrossSalesPriceAmt011083984
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc0Publicly-traded Securities
IRS990PF/CapGainsLossTxInvstIncmDetail/CapitalGainNetIncomeAmt03787909
IRS990PF/ChgInNetAssetsFundBalancesGrp/ExcessRevenueOverExpensesAmt05505331
IRS990PF/ChgInNetAssetsFundBalancesGrp/SubtotalAmt011672620
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesBOYAmt06167289
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesEOYAmt011672620
IRS990PF/DistributableAmountGrp/DistributableAsAdjustedAmt0363389
IRS990PF/DistributableAmountGrp/DistributableBeforeAdjAmt0363389
IRS990PF/DistributableAmountGrp/DistributableBeforeDedAmt0363389
IRS990PF/DistributableAmountGrp/MinimumInvestmentReturnAmt0419071
IRS990PF/DistributableAmountGrp/TaxBasedOnInvestmentIncomeAmt055682
IRS990PF/DistributableAmountGrp/TotalTaxAmt055682
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/AppliedToESTaxAmt01578
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/EsPenaltyAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/EstimatedPlusOvpmtIncmTxAmt060
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/ExemptFrgnOrgTaxWthldAtSrceAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/ExtsnRequestIncomeTaxPaidAmt057200
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/Form2220AttachedInd0X
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/InvestmentIncomeExciseTaxAmt055682
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/OverpaymentAmt01578
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/SubtotalAmt055682
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxBasedOnInvestmentIncomeAmt055682
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TotalPaymentsAndCreditsAmt057260
IRS990PF/FMVAssetsEOYAmt011675351
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockBOYAmt05853319
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockEOYAmt0109760
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockEOYFMVAmt0112491
IRS990PF/Form990PFBalanceSheetsGrp/OrgDoesNotFollowFASB117Ind0X
IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningBOYAmt06167289
IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningEOYAmt011672620
IRS990PF/Form990PFBalanceSheetsGrp/SavAndTempCashInvstBOYAmt0313970
IRS990PF/Form990PFBalanceSheetsGrp/SavAndTempCashInvstEOYAmt011562860
IRS990PF/Form990PFBalanceSheetsGrp/SavAndTempCashInvstEOYFMVAmt011562860
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsBOYAmt06167289
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYAmt011672620
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYFMVAmt011675351
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesBOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstBOYAmt06167289
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstEOYAmt011672620
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesBOYAmt06167289
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesEOYAmt011672620
IRS990PF/MethodOfAccountingCashInd0X
IRS990PF/MinimumInvestmentReturnGrp/AcquisitionIndebtednessAmt00
IRS990PF/MinimumInvestmentReturnGrp/AdjustedTotalFMVOfUnusedAstAmt08509053
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyCashBalancesAmt02683737
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyFMVOfSecAmt05825316
IRS990PF/MinimumInvestmentReturnGrp/CashDeemedCharitableAmt0127636
IRS990PF/MinimumInvestmentReturnGrp/FMVAllOtherNoncharitableAstAmt00
IRS990PF/MinimumInvestmentReturnGrp/MinimumInvestmentReturnAmt0419071
IRS990PF/MinimumInvestmentReturnGrp/NetVlNoncharitableAssetsAmt08381417
IRS990PF/MinimumInvestmentReturnGrp/TotalFMVOfUnusedAssetsAmt08509053
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt01.0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0Al W King III
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt0Dir, Pres, Sec, Treas
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt0Foundation Source 501 Silverside Rd
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm0Wilmington
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd0DE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd0198091377
IRS990PF/Organization501c3ExemptPFInd0X
IRS990PF/PFQualifyingDistributionsGrp/CharitableAssetsAcquisPaidAmt00
IRS990PF/PFQualifyingDistributionsGrp/ExpensesAndContributionsAmt043012
IRS990PF/PFQualifyingDistributionsGrp/ProgramRelatedInvstTotalAmt00
IRS990PF/PFQualifyingDistributionsGrp/QualifyingDistributionsAmt043012
IRS990PF/PFQualifyingDistributionsGrp/SetAsideCashDistriTestAmt00
IRS990PF/PFQualifyingDistributionsGrp/SetAsideSuitabilityTestAmt00
IRS990PF/StatementsRegardingActy4720Grp/BrrwOrLendDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd0false
IRS990PF/StatementsRegardingActy4720Grp/FurnGoodsDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd0false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceElectionInd0false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd0false
IRS990PF/StatementsRegardingActy4720Grp/JeopardyInvestmentsInd0false
IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayCompDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayPremiumsPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd0false
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPriorActsInd0false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd0false
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd0false
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd0false
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd0true
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd0false
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd0true
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd0true
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd0true
IRS990PF/StatementsRegardingActyGrp/ForeignCountryCd0UK
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd0false
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd0true
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd0false
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt0501 Silverside Road Suite 123
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0Wilmington
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0DE
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd0198091377
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd0false
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd0false
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd0false
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0DE
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd0false
IRS990PF/StatementsRegardingActyGrp/PersonsWithBooksName/BusinessNameLine1Txt0Foundation Source
IRS990PF/StatementsRegardingActyGrp/PhoneNum08008391754
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd0false
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd0true
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd0false
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm0Al W King III
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt020000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0Al King Family Foundation FUND
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt0MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt0PC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt0N/A
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt0555 CALIFORNIA ST 14TH FL
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm0SAN FRANCISCO
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd0CA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd094104
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt020000
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt06268
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt036744
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt0363389
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt00
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt00
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt043012
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt0357121
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt036744
IRS990ScheduleB/ContributorInformationGrp/ContributorNum01
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm0King III Al W
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt037 Ferry Lane East
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm0Westport
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd0CT
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd006880
IRS990ScheduleB/ContributorInformationGrp/NoncashContributionInd0X
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd0X
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt02745090
IRS990ScheduleB/GeneralRuleInd0X
IRS990ScheduleB/NonCashPropertyContributionGrp/ContributorNum01
IRS990ScheduleB/NonCashPropertyContributionGrp/FairMarketValueAmt02720090
IRS990ScheduleB/NonCashPropertyContributionGrp/NoncashPropertyDesc0JTC PLC JTCPF, 194015 sh.
IRS990ScheduleB/NonCashPropertyContributionGrp/ReceivedDt02024-09-09
IRS990ScheduleB/Organization501c3ExemptPFInd0X
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0Administrative Fees
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1State or Local Filing Fees
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt022987
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt125
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt022987
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt125
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt01187
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt0Investment Management Services
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/NetInvestmentIncomeAmt01187
ReasonableCauseExplanation/ExplanationTxt0We respectfully request that Al King Family Foundation's quarterly estimated taxes for taxable year ending December 31, 2024 be treated as timely and request that the $8 penalty indicated on Form 2220 be abated because the underpayment in Q3 and Q4 was due to reasonable cause. Treasury Regulations Sec 301.6651-1(c)(1) defines reasonable by asking whether the taxpayer exercised ordinary business care and prudence. The Foundation exercised care and prudence in seeking a reputable firm knowledgeable about exempt organizations to calculate its quarterly estimates for tax period ending December 31, 2024. The firm's software correctly determined that the foundation could pay its Q3 and Q4 estimate based on prior year tax liability. However, since that liability was under $500, the software incorrectly indicated that no quarterly payment was due. As soon as the error was discovered, the foundation paid the required tax. We believe that the underpayment was due to reasonable cause and in no way due to an intentional disregard for the rules and respectfully request that no 2220 penalty be assessed.
TaxesSchedule/TaxesDetail/Amt0200
TaxesSchedule/TaxesDetail/CategoryTxt0990-PF Extension for 2023
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Al W King III
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum08008391754
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Al King Family Foundation
ReturnHeader/Filer/BusinessNameControlTxt0ALKI
ReturnHeader/Filer/EIN0872914039
ReturnHeader/Filer/InCareOfNm0% Foundation Source
ReturnHeader/Filer/PhoneNum08008391754
ReturnHeader/Filer/USAddress/AddressLine1Txt0Foundation Source 501 Silverside Rd
ReturnHeader/Filer/USAddress/CityNm0Wilmington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DE
ReturnHeader/Filer/USAddress/ZIPCd0198091377
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Foundation Source
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03333 New Hyde Park Rd Ste 406
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0New Hyde Park
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011042
ReturnHeader/PreparerPersonGrp/PhoneNum08008391754
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jeffrey D Haskell
ReturnHeader/ReturnTs02025-10-16T18:39:29-04:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.