Nonprofit · EIN 47-3706995
KING PHILANTHROPIES INC
Tax-exempt · MENLO PARK, CA 94026
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | -$9,131,893 | $33,207,401 | -$42,339,294 | $553,530,163 | $1,209,159 | $552,321,004 |
| December 31, 2023 | 990-PF | $4,014,228 | $37,330,965 | -$33,316,737 | $669,412,031 | $26,285,532 | $643,126,499 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Dividends
- $4,518,961
- Interest
- $236,791
- Net gain from sales of assets
- -$13,930,235
- Other income
- $42,590
Expenses
- Grants and similar amounts paid
- $9,255,000
- Compensation of officers, directors and key employees
- $1,165,691
- Salaries, compensation and benefits (total)
- $1,668,180
- Disbursements for charitable purposes
- $16,710,766
- Excise tax on investment income
- $379,791
Balance sheet and other
- Total assets, start of year
- $669,412,031
- Total assets, end of year
- $553,530,163
- Total liabilities, end of year
- $1,209,159
- Net assets, end of year
- $552,321,004
- Fair market value of assets
- $553,530,163
- Qualifying distributions
- $16,710,766
- Net investment income
- $36,055,893
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KIMBERLY STARKEY 1300 EL CAMINO REAL STE 100, MENLO PARK, CA 94025 | PRESIDENT AND CEO | 40 | $565,246 | $61,000 |
| GEORGE EDWARD DIENER 1300 EL CAMINO REAL STE 100, MENLO PARK, CA 94025 | COO & SECRETARY/TREASURER (THRU 12/24) | 40 | $513,752 | $25,694 |
| KARTICK KUMAR 1010 EL CAMINO REAL SUITE 250, MENLO PARK, CA 94025 | MANAGING DIRECTOR Highest-paid employee | 40 | $365,831 | $14,633 |
| VINCE CHANG 1010 EL CAMINO REAL SUITE 250, MENLO PARK, CA 94025 | DIRECTOR OF FINANCE Highest-paid employee | 40 | $224,854 | $13,800 |
| MIDORI TAKASAKI 1010 EL CAMINO REAL SUITE 250, MENLO PARK, CA 94025 | PRINCIPAL Highest-paid employee | 40 | $205,059 | $23,000 |
| JOANNA RAU 1010 EL CAMINO REAL SUITE 250, MENLO PARK, CA 94025 | HEAD OF CEO'S OFFICE Highest-paid employee | 40 | $177,050 | $12,054 |
| JENNIFER HIPPLE 1010 EL CAMINO REAL SUITE 250, MENLO PARK, CA 94025 | OFFICE AND OPERATION Highest-paid employee | 40 | $173,945 | $16,286 |
| ROBERT E KING 1300 EL CAMINO REAL STE 100, MENLO PARK, CA 94025 | TRUSTEE (THRU 02/24) | 10 | $0 | $0 |
| DOROTHY J KING 1300 EL CAMINO REAL STE 100, MENLO PARK, CA 94025 | TRUSTEE (THRU 02/24) | 1 | $0 | $0 |
| ULRICO ROSALES 1300 EL CAMINO REAL STE 100, MENLO PARK, CA 94025 | DIRECTOR | 2 | $0 | $0 |
| EMILY LIGGETT 1300 EL CAMINO REAL STE 100, MENLO PARK, CA 94025 | DIRECTOR | 2 | $0 | $0 |
| JOHN BRANDON 1300 EL CAMINO REAL STE 100, MENLO PARK, CA 94025 | DIRECTOR (THRU 12/24) | 2 | $0 | $0 |
| KATHERINE HAYHOE 1300 EL CAMINO REAL STE 100, MENLO PARK, CA 94025 | DIRECTOR (THRU 12/24) | 2 | $0 | $0 |
| TIM HANSTAD 1300 EL CAMINO REAL STE 100, MENLO PARK, CA 94025 | DIRECTOR (AS OF 12/24) | 2 | $0 | $0 |
| ROSS MASON 1300 EL CAMINO REAL STE 100, MENLO PARK, CA 94025 | DIRECTOR (AS OF 12/24) | 2 | $0 | $0 |
990-PF for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KIMBERLY JONKER 1010 EL CAMINO REALSUITE 250, MENLO PART, CA 94025 | PRESIDENT AND CEO | 40 | $837,040 | $65,644 |
| GEORGE EDWARD DIENER 1010 EL CAMINO REALSUITE 250, MENLO PART, CA 94025 | COO | 40 | $498,104 | $44,165 |
| KARTICK KUMAR 1010 EL CAMINO REALSUITE 250, MENLO PART, CA 94025 | MANAGING DIRECTOR OF Highest-paid employee | 40 | $402,096 | $28,793 |
| JOANNA RAU 1010 EL CAMINO REALSUITE 250, MENLO PART, CA 94025 | HEAD OF CEO'S OFFICE Highest-paid employee | 40 | $239,540 | $30,616 |
| SITHU THEIN SWE 1010 EL CAMINO REALSUITE 250, MENLO PART, CA 94025 | SENIOR PORTFOLIO MAN Highest-paid employee | 40 | $237,666 | $37,467 |
| CHIA-HSUAN CHANG 1010 EL CAMINO REALSUITE 250, MENLO PART, CA 94025 | DIRECTOR OF FINANCE Highest-paid employee | 40 | $227,836 | $26,092 |
| KEVIN TANG YANG 1010 EL CAMINO REALSUITE 250, MENLO PART, CA 94025 | INVESTMENT MANAGER Highest-paid employee | 40 | $213,702 | $31,585 |
| ROBERT E KING 1010 EL CAMINO REALSUITE 250, MENLO PART, CA 94025 | TRUSTEE | 10 | $0 | $0 |
| DOROTHY J KING 1010 EL CAMINO REALSUITE 250, MENLO PART, CA 94025 | TRUSTEE | 1 | $0 | $0 |
| ULRICO ROSALES 1010 EL CAMINO REALSUITE 250, MENLO PART, CA 94025 | DIRECTOR | 2 | $0 | $0 |
| EMILY LIGGETT 1010 EL CAMINO REALSUITE 250, MENLO PART, CA 94025 | DIRECTOR | 2 | $0 | $0 |
| JOHN BRANDON 1010 EL CAMINO REALSUITE 250, MENLO PART, CA 94025 | DIRECTOR | 2 | $0 | $0 |
| KATHERINE HAYHOE 1010 EL CAMINO REALSUITE 250, MENLO PART, CA 94025 | TRUSTEE | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1119, MENLO PARK, CA 94026-1119
- In care of
- % EDWARD DIENER
- Signed the 990-PF
- MORGAN FALOR, TREASURER
- Phone
- (831) 238-8626
- Website
- WWW.KINGPHILANTHROPIES.ORG
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
California records
California keeps its own records of charities and corporations. Search them by EIN 47-3706995 or by the name KING PHILANTHROPIES INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 47-3706995
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Youth development (O50)
- Assets (IRS master file)
- $553,530,163
- Income (IRS master file)
- $89,714,220
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | -$9,131,893 | $33,207,401 | $553,530,163 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $4,014,228 | $37,330,965 | $669,412,031 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-3706995).
Questions about KING PHILANTHROPIES INC
- What is the EIN of KING PHILANTHROPIES INC?
- The employer identification number (EIN) of KING PHILANTHROPIES INC is 47-3706995.
- Is KING PHILANTHROPIES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to KING PHILANTHROPIES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does KING PHILANTHROPIES INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of KING PHILANTHROPIES INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KING PHILANTHROPIES INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of KING PHILANTHROPIES INC?
- The 990-PF for the year ended December 31, 2024 lists 15 people; 7 received compensation from the organization, the highest $565,246 (KIMBERLY STARKEY, PRESIDENT AND CEO).
- How much revenue does KING PHILANTHROPIES INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of -$9,131,893, expenses of $33,207,401 and total assets of $553,530,163 at year end.
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All nonprofits in MENLO PARK · California · Youth development