The Minnesota State Capitol

Form 990-PFTax year 2024EIN 26-1600569

Peter J King Family Foundation

A private foundation in Golden Valley, MN. Its return for tax year 2024 lists 24 grants and $6.2 million paid in grants.

Tax year 2024 (period ending Dec 31, 2024), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

5 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $6,185,490

    Grants listed
    24
    Assets, end of year
    $68,908,923
  • Tax year 2023

    $2,120,000

    Grants listed
    23
    Assets, end of year
    $64,354,636
  • Tax year 2022

    $2,172,992

    Grants listed
    22
    Assets, end of year
    $65,434,401
  • Tax year 2021

    $4,024,941

    Grants listed
    25
    Assets, end of year
    $67,926,111
  • Tax year 2020

    $3,938,670

    Grants listed
    32
    Assets, end of year
    $69,060,839

Grants paid in 2024

24 grants, largest first

As listed on the return.

  1. Hope AcademyMinneapolis, MN

    General purpose

    $1,308,000
  2. Every MealRoseville, MN

    General purpose

    $1,200,000
  3. YMCA of the NorthMinneapolis, MN

    General purpose

    $1,115,000
  4. Big Brothers Big Sisters Twins CitiesMinneapolis, MN

    General purpose

    $640,000
  5. Belwin ConservancyAfton, MN

    General purpose

    $535,490
  6. Project SuccessMinneapolis, MN

    General purpose

    $520,000
  7. Shoulder to ShoulderSaint Paul, MN

    General purpose

    $350,000
  8. General Assistance IncSouthfield, MI

    General purpose

    $200,000
  9. Global VolunteersLittle Canada, MN

    General purpose

    $103,000
  10. Constellation FundMinneapolis, MN

    General purpose

    $100,000
  11. Sharing and Caring HandsMinneapolis, MN

    General purpose

    $20,000
  12. Cretin Durham Hall High SchoolSt Paul, MN

    General purpose

    $20,000
  13. Riverworks Community DevelopmentRockford, MN

    General purpose

    $17,000
  14. Christian Cross MinistriesCambridge, MN

    General purpose

    $12,500
  15. St Paul Area SynodSt Paul, MN

    General purpose

    $10,000
  16. YouthlinkMinneapolis, MN

    General purpose

    $6,000
  17. 180 Degress IncSt Paul, MN

    General purpose

    $5,000
  18. The River ChurchMinong, WI

    General purpose

    $5,000
  19. University of MinnesotaMinneapolis, MN

    General purpose

    $5,000
  20. Mobile HopeCorcoran, MN

    General purpose

    $4,500
  21. St Teresa Orphans FoundationRice, MN

    General purpose

    $3,000
  22. Neighbors IncSouth Saint Paul, MN

    General purpose

    $2,000
  23. Northeast Youth and Family ServiceShoreview, MN

    General purpose

    $2,000
  24. Rockford Area Breakfast ClubRockford, MN

    General purpose

    $2,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education2 grants $1,828,00051% of the total
  2. Food and agriculture1 grant $1,200,00033% of the total
  3. Human services5 grants $381,00011% of the total
  4. International aid1 grant $103,0003% of the total
  5. Philanthropy and grantmaking1 grant $100,0003% of the total
  6. Religion1 grant $4,500<1% of the total

By State

Grants to organizations with a US address, latest year.

  1. Minnesota22 grants $5,980,490
  2. Michigan1 grant $200,000
  3. Wisconsin1 grant $5,000

Officers, directors and trustees

5 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Russell S KingPRESIDENT Hours 6Pay $0
  • Stephen D HigginsSECRETARY Hours 2Pay $0
  • James C TealDIRECTOR Hours 1Pay $4,000
  • James A WeichertDIRECTOR Hours 1Pay $4,000
  • Eric L FotschDIRECTOR Hours 1Pay $4,000

The return

More foundations

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Same main cause (education), giving between a quarter and four times this foundation’s where possible, nearby first.

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  2. I A O'Shaughnessy FoundationBloomington, MN 110 grants Preselected only $5,233,440 giving
  3. George Family FoundationMinneapolis, MN 166 grants Preselected only $5,017,464 giving
  4. Prospect Creek FoundationWayzata, MN 20 grants Accepts applications $4,858,565 giving
  5. David & Janis Larson FoundationMinneapolis, MN 45 grants Preselected only $8,390,000 giving