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Sponsors Type
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Foundation
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Country
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United States
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Grant Type
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Other
Last modified on 2024-07-21 03:45:13
Description
Founders
Carl B. King was born in Neiltown, Pennsylvania, not far from Titusville, where the U.S. oil industry started in the 19th century. He and his wife Florence moved to Oklahoma in 1909 to seek their fortune in the oil fields. Honest, forthright, and hardworking, the young Mr. King worked oil deals for leases until he had acquired sufficient resources to purchase his own drilling rig equipment.
The Carl B. King Drilling Company established offices in Tulsa, where the King family lived for 25 years, and in Dallas, where they moved in 1935. The Kings remained in Dallas until Mr. King’s death in 1967 and Mrs. King’s death in 1983.
Mr. and Mrs. King started the King Foundation in 1966, a year before Mr. King’s death. Mrs. King served as the president from 1967 until her death in 1983. The giving policies for the Foundation have been shaped by the wisdom and compassion of the Kings, who were unabashedly generous during their lives. They preferred to give without fanfare, and sought to strike a balance between causes that created future opportunity and those that “put shoes on people’s feet.”
In addition to his early work in Oklahoma, Mr. King became active in the Permian Basin beginning around 1940. His sagacity in the energy industry continues to benefit the Foundation today, through the many mineral properties bequeathed to the Foundation. The Foundation gives in West Texas in the belief that a region whose resources contribute so much to the Foundation’s prosperity should continue to benefit from them.
While they were living in Tulsa, the Kings acquired a farm in Siloam Springs, Arkansas, which they named Kingford Farms. The farm was a favorite retreat for the entire family, and the Kings quickly grew to love Arkansas and its people. The Foundation’s current giving in Arkansas pays homage to their affection, while focusing on the neediest parts of the state.
Sponsor Relationship
Carl B. and Florence E. King Foundation is not a part of any other sponsors in our database.
No sponsor in our database are part of Carl B. and Florence E. King Foundation.
Most Recent Grants from This Sponsors
The Foundation aims to devote a third of its annual grants budget to larger initiatives serving...
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Deadline Approaching Grants
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