Basil L King Scholarship Foundation Inc

Fort Pierce, FL
Tax-exempt since Jan. 1973
EIN: 59-0651084

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$386k (2025)

Expenses

$405k (2025)

Total Assets

$7.14M (2025)

Total Liabilities

$3.22k (2025)

Source: Form 990 tax filings from 2012 to 2025

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Sept.
2025

Revenue

$385,562

Expenses

$404,769

Net Income

-$19,207

Net Assets

$7,132,429

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$18,878	4.9%
Interest Revenue	$81	0.0%
Dividends	$135,493	35.1%
Sales of Assets	$231,110	59.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$350,956	86.7%
Compensation of Officers*	$24,000	5.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,135,645
Total Liabilities	$3,216
Net Assets	$7,132,429

Compensation

Key Employees and Officers	Compensation	Other
Jimmie Anne Haisley (Executive Di)	$24,000	$0
Frank H Fee Iii (Chairman,Dir)	$0	$0
Bruce Abernethy Jr (Director)	$0	$0
Ann Decker (Director)	$0	$0
Karen Ripper (Director)	$0	$0
Eilean Clark (Director)	$0	$0
Cynthia Sheelar (Director)	$0	$0
Ronald Cason (Director)	$0	$0

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990-PF

Filed on Nov. 19, 2025

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Sept.
2024

Revenue

$164,744

Expenses

$380,580

Net Income

-$215,836

Net Assets

$6,899,927

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$36,637	22.2%
Interest Revenue	$0
Dividends	$128,550	78.0%
Sales of Assets	-$443
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$331,833	87.2%
Compensation of Officers*	$24,000	6.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,899,927
Total Liabilities	$0
Net Assets	$6,899,927

Compensation

Key Employees and Officers	Compensation	Other
Jimmie Anne Haisley (Executive Di)	$24,000	$0
Frank H Fee Iii (Chairman,Dir)	$0	$0
Bruce Abernethy Jr (Director)	$0	$0
Ann Decker (Director)	$0	$0
Karen Ripper (Director)	$0	$0
Eilean Clark (Director)	$0	$0
Cynthia Sheelar (Director)	$0	$0
Ronald Cason (Director)	$0	$0

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990-PF

Filed on Nov. 20, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Sept.
2023

Revenue

$122,323

Expenses

$300,497

Net Income

-$178,174

Net Assets

$5,896,540

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$120,260	98.3%
Sales of Assets	$2,063	1.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$251,518	83.7%
Compensation of Officers*	$24,000	8.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$5,896,540
Total Liabilities	$0
Net Assets	$5,896,540

Compensation

Key Employees and Officers	Compensation	Other
Jimmie Anne Haisley (Executive Di)	$24,000	$0
Frank H Fee Iii (Chairman,Dir)	$0	$0
Bruce Abernethy Jr (Dir)	$0	$0
Ann Decker (Dir)	$0	$0
Karen Ripper (Dir)	$0	$0
Eilean Clark (Dir)	$0	$0
Cynthia Sheelar (Dir)	$0	$0
Ronald Cason (Dir)	$0	$0

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990-PF

Filed on Nov. 27, 2023

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Sept.
2022

Revenue

$449,366

Expenses

$295,223

Net Income

$154,143

Net Assets

$5,475,476

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$21,874	4.9%
Interest Revenue	$0
Dividends	$96,123	21.4%
Sales of Assets	$331,318	73.7%
Other Income	$51	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$248,692	84.2%
Compensation of Officers*	$20,000	6.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$5,475,476
Total Liabilities	$0
Net Assets	$5,475,476

Compensation

Key Employees and Officers	Compensation	Other
Jimmie Anne Haisley (Executive Di)	$20,000	$0
Frank H Fee Iii (Chairman,Dir)	$0	$0
Bruce Abernethy Jr (Dir)	$0	$0
Ann Decker (Dir)	$0	$0
Karen Ripper (Dir)	$0	$0
Eilean Clark (Dir)	$0	$0
Cynthia Sheelar (Dir)	$0	$0
Ronald Cason (Dir)	$0	$0

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990-PF

Filed on Dec. 7, 2022

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Sept.
2021

Revenue

$686,376

Expenses

$368,788

Net Income

$317,588

Net Assets

$7,066,014

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$19,709	2.9%
Interest Revenue	$0
Dividends	$70,997	10.3%
Sales of Assets	$595,670	86.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$316,305	85.8%
Compensation of Officers*	$12,000	3.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,073,472
Total Liabilities	$7,458
Net Assets	$7,066,014

Compensation

Key Employees and Officers	Compensation	Other
Jimmie Anne Haisley (Executive Di)	$12,000	$0
Frank H Fee Iii (Chairman,Dir)	$0	$0
Bruce Abernethy Jr (Dir)	$0	$0
Ann Decker (Dir)	$0	$0
Karen Ripper (Dir)	$0	$0
Eilean Clark (Dir)	$0	$0
Ann Hubbard (Dir)	$0	$0
Cynthia Sheelar (Dir)	$0	$0
Ronald Cason (Dir)	$0	$0

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990-PF

Filed on Dec. 8, 2021

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Sept.
2020

Revenue

$51,579

Expenses

$288,259

Net Income

-$236,680

Net Assets

$6,238,040

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$14,812	28.7%
Interest Revenue	$0
Dividends	$86,813	> 100%
Sales of Assets	$0
Other Income	$27	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$248,262	86.1%
Compensation of Officers*	$12,000	4.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,238,041
Total Liabilities	$1
Net Assets	$6,238,040

Compensation

Key Employees and Officers	Compensation	Other
Jimmie Anne Haisley (Executive Di)	$12,000	$0
Frank H Fee Iii (Chairman,Dir)	$0	$0
Bruce Abernethy Jr (Dir)	$0	$0
Ann Decker (Dir)	$0	$0
Betty King (Dir)	$0	$0
Karen Ripper (Dir)	$0	$0
Eilean Clark (Dir)	$0	$0
Ann Hubbard (Dir)	$0	$0
Cynthia Sheelar (Dir)	$0	$0
Ronald Cason (Dir)	$0	$0

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990-PF

Filed on Dec. 4, 2020

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Fiscal Year Ending Sept.
2019

Revenue

$155,138

Expenses

$315,107

Net Income

-$159,969

Net Assets

$6,068,875

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$19,800	12.8%
Interest Revenue	$0
Dividends	$110,325	71.1%
Sales of Assets	$24,882	16.0%
Other Income	$131	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$275,128	87.3%
Compensation of Officers*	$12,000	3.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,068,875
Total Liabilities	$0
Net Assets	$6,068,875

Compensation

Key Employees and Officers	Compensation	Other
Jimmie Anne Haisley (Executive Di)	$12,000	$0
Frank H Fee Iii (Chairman,Dir)	$0	$0
Bruce Abernethy Jr (Dir)	$0	$0
Ann Decker (Dir)	$0	$0
Betty King (Dir)	$0	$0
Karen Ripper (Dir)	$0	$0
Eilean Clark (Dir)	$0	$0
Ann Hubbard (Dir)	$0	$0
Cynthia Sheelar (Dir)	$0	$0
Ronald Cason (Dir)	$0	$0

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990-PF

Filed on Dec. 2, 2019

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Sept.
2018

Revenue

$680,368

Expenses

$330,623

Net Income

$349,745

Net Assets

$6,205,481

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$18,945	2.8%
Interest Revenue	$0
Dividends	$110,213	16.2%
Sales of Assets	$551,190	81.0%
Other Income	$20	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$284,999	86.2%
Compensation of Officers*	$10,000	3.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,210,101
Total Liabilities	$4,620
Net Assets	$6,205,481

Compensation

Key Employees and Officers	Compensation	Other
Jimmie Anne Haisley (Executive Di)	$10,000	$0
Frank H Fee Iii (Chairman,Dir)	$0	$0
Bruce Abernethy Jr (Dir)	$0	$0
Margaret Benton (Dir)	$0	$0
Ann Decker (Dir)	$0	$0
Betty King (Dir)	$0	$0
Karen Ripper (Dir)	$0	$0
Eilean Clark (Dir)	$0	$0
Ann Hubbard (Dir)	$0	$0
Cynthia Sheelar (Dir)	$0	$0

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990-PF

Filed on Dec. 7, 2018

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Sept.
2017

Revenue

$210,295

Expenses

$306,322

Net Income

-$96,027

Net Assets

$6,134,717

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$18,133	8.6%
Interest Revenue	$0
Dividends	$144,474	68.7%
Sales of Assets	$43,773	20.8%
Other Income	$3,915	1.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$260,604	85.1%
Compensation of Officers*	$10,000	3.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,134,717
Total Liabilities	$0
Net Assets	$6,134,717

Compensation

Key Employees and Officers	Compensation	Other
Jimmie Anne Haisley (Executive Di)	$10,000	$0
Karen Ripper (Dir)	$0	$0
Frank H Fee Iii (Chairman,Dir)	$0	$0
Frederick T Johnston (Sec/Treas,Di)	$0	$0
Bruce Abernethy Jr (Dir)	$0	$0
Margaret Benton (Dir)	$0	$0
Ann Decker (Dir)	$0	$0
Betty King (Dir)	$0	$0
Ann Hubbard (Dir)	$0	$0
Eilean Clark (Dir)	$0	$0
Cynthia Sheelar (Dir)	$0	$0

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990-PF

Filed on Jan. 19, 2018

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Sept.
2016

Revenue

$341,083

Expenses

$249,000

Net Income

$92,083

Net Assets

$5,607,746

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$115,905	34.0%
Sales of Assets	$225,178	66.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$202,631	81.4%
Compensation of Officers*	$10,000	4.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$5,607,746
Total Liabilities	$0
Net Assets	$5,607,746

Compensation

Key Employees and Officers	Compensation	Other
Jimmie Anne Haisley (Executive Di)	$10,000	$0
Karen Ripper (Dir)	$0	$0
Frank H Fee Iii (Chairman,Dir)	$0	$0
Frederick T Johnston (Sec/Treas,Di)	$0	$0
Bruce Abernethy Jr (Dir)	$0	$0
Margaret Benton (Dir)	$0	$0
Ann Decker (Dir)	$0	$0
Betty King (Dir)	$0	$0
Ann Hubbard (Dir)	$0	$0
Eilean Clark (Dir)	$0	$0

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990-PF

Filed on Feb. 10, 2017

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Sept.
2015

Revenue

$242,151

Expenses

$320,462

Net Income

-$78,311

Net Assets

$5,477,640

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$20,000	8.3%
Interest Revenue	$0
Dividends	$142,902	59.0%
Sales of Assets	$79,249	32.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$278,618	86.9%
Compensation of Officers*	$10,000	3.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$5,477,640
Total Liabilities	$0
Net Assets	$5,477,640

Compensation

Key Employees and Officers	Compensation	Other
Jimmie Anne Haisley (Exec Dir)	$10,000	$0
Karen Ripper (Dir)	$0	$0
Frank H Fee Iii (Chairman,Dir)	$0	$0
Frederick T Johnston (Sec/Treas,Di)	$0	$0
Bruce Abernethy Jr (Dir)	$0	$0
Margaret Benton (Dir)	$0	$0
Ann Decker (Dir)	$0	$0
Betty King (Dir)	$0	$0
Ann Hubbard (Dir)	$0	$0
Eilean Clark (Dir)	$0	$0

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990-PF

Filed on Jan. 27, 2016

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Sept.
2014

Revenue

$286,492

Expenses

$326,926

Net Income

-$40,434

Net Assets

$6,052,511

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$25,244	8.8%
Interest Revenue	$0
Dividends	$109,962	38.4%
Sales of Assets	$151,286	52.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$283,884	86.8%
Compensation of Officers*	$10,000	3.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,052,511
Total Liabilities	$0
Net Assets	$6,052,511

Compensation

Key Employees and Officers	Compensation	Other
Jimmie Anne Haisley (Exec Dir)	$10,000	$0
Karen Ripper (Dir)	$0	$0
Frank H Fee Iii (Chairman,Dir)	$0	$0
Frederick T Johnston (Sec/Treas,Di)	$0	$0
Bruce Abernethy Jr (Dir)	$0	$0
Margaret Benton (Dir)	$0	$0
Ann Decker (Dir)	$0	$0
Betty King (Dir)	$0	$0

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990-PF

Filed on Dec. 10, 2014

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Sept.
2013

Revenue

$455,645

Expenses

$312,490

Net Income

$143,155

Net Assets

$6,030,464

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$21,035	4.6%
Interest Revenue	$0
Dividends	$95,862	21.0%
Sales of Assets	$338,748	74.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$267,698	85.7%
Compensation of Officers*	$8,675	2.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,032,419
Total Liabilities	$1,955
Net Assets	$6,030,464

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2012

Revenue

$339,675

Expenses

$296,371

Net Income

$43,304

Net Assets

$5,818,869

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$6,992	2.1%
Interest Revenue	$0
Dividends	$129,116	38.0%
Sales of Assets	$203,567	59.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$253,016	85.4%
Compensation of Officers*	$5,500	1.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$5,818,869
Total Liabilities	$0
Net Assets	$5,818,869

990-PF

Primary tax return for a private foundation's activities, finances, and governance

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Basil L King Scholarship Foundation Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $386k (2025)

Expenses $405k (2025)

Total Assets $7.14M (2025)

Total Liabilities $3.22k (2025)

Tax Filings by Year

Fiscal Year Ending Sept. 2025

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Sept. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Sept. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Sept. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Sept. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Sept. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Sept. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Sept. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Sept. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Sept. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Sept. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Sept. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

Revenue

$386k (2025)

Expenses

$405k (2025)

Total Assets

$7.14M (2025)

Total Liabilities

$3.22k (2025)

Fiscal Year Ending Sept.
2025

Fiscal Year Ending Sept.
2024

Fiscal Year Ending Sept.
2023

Fiscal Year Ending Sept.
2022

Fiscal Year Ending Sept.
2021

Fiscal Year Ending Sept.
2020

Fiscal Year Ending Sept.
2019

Fiscal Year Ending Sept.
2018

Fiscal Year Ending Sept.
2017

Fiscal Year Ending Sept.
2016

Fiscal Year Ending Sept.
2015

Fiscal Year Ending Sept.
2014

Fiscal Year Ending Sept.
2013

Fiscal Year Ending Sept.
2012

Fiscal Year Ending Sept.
2011

Fiscal Year Ending Sept.
2010

Fiscal Year Ending Sept.
2009

Fiscal Year Ending Sept.
2008

Fiscal Year Ending Sept.
2007

Fiscal Year Ending Sept.
2006

Fiscal Year Ending Sept.
2005

Fiscal Year Ending Sept.
2004

Fiscal Year Ending Sept.
2003

Fiscal Year Ending Sept.
2002

Fiscal Year Ending Sept.
2001