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Filing year 2023

BASIL L KING SCHOLARSHIP FOUNDATION INC

Ft Pierce, Florida·EIN 59-0651084·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$165k
Total assets
$6.9M
Total expenses
$381k
Reported officers
8

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Florida.

Executive Di
10th to 25th percentile
$24k
$26k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at BASIL L KING SCHOLARSHIP FOUNDATION INC equaled 6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
6%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$304k

Itemized grants

27

Median grant

$7k

RecipientLocationPurposeAmount
INDIAN RIVER STATE COLLEGEFORT PIERCE, FLSCHOLARSHIP FOR MEDICAL STUDY$74k
IRSC FOUNDATIONFORT PIERCE, FLDENTAL CARE FOR CHILDREN W/ FIN NEED$35k
UNIVERSITY OF CENTRAL FLORIDAORLANDO, FLSCHOLARSHIP FOR MEDICAL STUDY$21k
FLORIDA STATE UNIVERSITYTALLAHASSEE, FLSCHOLARSHIP FOR MEDICAL STUDY$20k
KEISER UNIVERSITYFORT LAUDERDALE, FLSCHOLARSHIP FOR MEDICAL STUDY$14k
NOVA SOUTHEASTERN UNIVERSITYFORT LAUDERDALE, FLSCHOLARSHIP FOR MEDICAL STUDY$13k
FLORIDA ATLANTIC UNIVERSITYBOCA RATON, FLSCHOLARSHIP FOR MEDICAL STUDY$13k
UNIVERSITY OF SOUTH FLORIDATAMPA, FLSCHOLARSHIP FOR MEDICAL STUDY$11k
UNIVERSITY OF WEST FLORIDAPENSACOLA, FLSCHOLARSHIP FOR MEDICAL STUDY$11k
FLORIDA A&M UNIVERSITYTALLAHASSEE, FLSCHOLARSHIP FOR MEDICAL STUDY$11k
UNIVERSITY OF FLORIDAGAINESVILLE, FLSCHOLARSHIP FOR MEDICAL STUDY$10k
PALM BEACH STATE COLLEGELAKE WORTH, FLSCHOLARSHIP FOR MEDICAL STUDY$8k
EASTERN KENTUCKY UNIVERSITYRICHMOND, KYSCHOLARSHIP FOR MEDICAL STUDY$7k
GEISINGER COMMONWEALTH SCHOOL OF MEDICINEDANVILLE, PASCHOLARSHIP FOR MEDICAL STUDY$7k
JOHNS HOPKINS UNIVERSITYBALTIMORE, MDSCHOLARSHIP FOR MEDICAL STUDY$7k
UNIVERSITY OF MEDICINE AND HEALTH SCIENCESNEW YORK, NYSCHOLARSHIP FOR MEDICAL STUDY$7k
CAPELLA UNIVERSITYMINNEAPOLIS, MNSCHOLARSHIP FOR MEDICAL STUDY$5k
SOUTH UNIVERSITYROYAL PALM BEACH, FLSCHOLARSHIP FOR MEDICAL STUDY$5k
UNIVERSITY OF ST AUGUSTINEST AUGUSTINE, FLSCHOLARSHIP FOR MEDICAL STUDY$5k
DENVER COLLEGE OF NURSINGDENVER, COSCHOLARSHIP FOR MEDICAL STUDY$4k
UNIVERSITY OF NORTH FLORIDAJACKSONVILLE, FLSCHOLARSHIP FOR MEDICAL STUDY$4k
FORTIS INSTITUTEPORT ST LUCIE, FLSCHOLARSHIP FOR MEDICAL STUDY$3k
GALEN COLLEGE OF NURSINGST PETERBURG, FLSCHOLARSHP FOR MEDICAL STUDY$3k
STETSON UNIVERSITYDELAND, FLSCHOLARSHIP FOR MEDICAL STUDY$3k
BROWARD COLLEGEFORT LAUDERDALE, FLSCHOLARSHIP FOR MEDICAL STUDY$2k
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about BASIL L KING SCHOLARSHIP FOUNDATION INC

What does the Chief Executive Officer of BASIL L KING SCHOLARSHIP FOUNDATION INC earn?

In 2023, the Chief Executive Officer of BASIL L KING SCHOLARSHIP FOUNDATION INC received $24,000 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Florida, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at BASIL L KING SCHOLARSHIP FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Florida, the 2023 pay of the Chief Executive Officer at BASIL L KING SCHOLARSHIP FOUNDATION INC falls between the 10th and 25th percentiles. In 2023, the highest total compensation at BASIL L KING SCHOLARSHIP FOUNDATION INC equaled 6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are BASIL L KING SCHOLARSHIP FOUNDATION INC's revenue and expenses?

In 2023, BASIL L KING SCHOLARSHIP FOUNDATION INC reported $165k in total revenue and $381k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.