Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public Inspection
For calendar year 2022, or tax year beginning 01-01-2022 , and ending 12-31-2022
Name of foundation
PETER J KING FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)701 XENIA AVENUE SOUTH SUITE 130
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
GOLDEN VALLEY, MN55416
A Employer identification number

26-1600569
B Telephone number (see instructions)

(612) 884-0248
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$80,651,612J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,860,679 1,860,679  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -381,962
b Gross sales price for all assets on line 6a 10,466,221
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
936,713 912,928  
12 Total. Add lines 1 through 11........ 2,415,430 2,773,607  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 6,000 1,500   4,500
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
36,358 36,358   0
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
1,531,174 1,308,698   222,476
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
162,716 22,486   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
997,900 993,786   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,734,148 2,362,828   226,976
25 Contributions, gifts, grants paid....... 2,172,992 2,172,992
26 Total expenses and disbursements. Add lines 24 and 25 4,907,140 2,362,828   2,399,968
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,491,710
b Net investment income (if negative, enter -0-) 410,779
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2022)
Form 990-PF (2022)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 1,319,696 1,160,217 1,160,217
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 11,822,286 Click to see attachment
List of Attached Documents:
// Content
11,941,716 		9,644,668
c Investments—corporate bonds (attach schedule)....... 10,951,731 Click to see attachment
List of Attached Documents:
// Content
9,161,731 		6,906,066
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 43,832,398 Click to see attachment
List of Attached Documents:
// Content
43,170,737 		62,940,661
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 67,926,111 65,434,401 80,651,612
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 67,926,111 65,434,401
29 Total net assets or fund balances (see instructions)..... 67,926,111 65,434,401
30 Total liabilities and net assets/fund balances (see instructions). 67,926,111 65,434,401
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
67,926,111
2
Enter amount from Part I, line 27a .....................
2
-2,491,710
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
65,434,401
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
65,434,401
Form 990-PF (2022)
Form 990-PF (2022)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P    
b SHS FORTRESS LENDING FUND (B-1) LP P    
c SHS FORTRESS CREDIT OPPORTUNITIES FUND V P    
d SHS BROADCREST LP P    
e SHS GCM GROSVENOR AG NET LEASE P    
SHS VIRGO SOCIETAS PARTNERSHIP IV (OFFSHORE), LP P    
SHS VIRGO SOCIETAS PARTNERSHIP III (OFFSHORE), LP P    
SHS FORTRESS REAL ESTATE OPP FUND II P    
SHS MSSBCCP OFFSHROE FEEDER, LP P    
SHS OZRE III ACCESS LP P    
SHS AIM II OFFSHORE US FEEDER, LP P    
SHS CYPRESS ACQUISITION PARTNERS RETAIL FUND LP P    
SHS AB FINANCIAL SERVICES DELAWARE FUND P    
SHS ELECTRUM STRATEGIC OPPORTUNITIES P    
SHS FUNDAMENTAL PARTNERS III LP P    
SHS AUDAX SENIOR LOAN FUND III, LP P    
SHS TURNING ROCK FUND I P    
SHS TTCP FUND II, LP P    
SHS FORTRESS LEGAL ASSETS FUND I (B) LP P    
SHS SCULPTOR REAL ESTATE PARRALLEL FUND IV, A LP P    
SHS FUNDAMENTAL PARTNERS IV LP P    
SHS FORTRESS REAL ESTATE III P    
SHS WEST STREET GLOBAL GROWTH PARTNERS OFFSHORE, LP P    
SHS PANTERA BLOCKCHAIN FUND, LP P    
SHS YA GLOBAL INVESTMENTS II (U.S.), LP P    
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 9,799,830   9,497,492 302,338
b 1,466     1,466
c 10,394     10,394
d 27,300     27,300
e 3,831     3,831
    18,432 -18,432
15,311     15,311
    4,440 -4,440
32,637     32,637
61,902     61,902
79,238     79,238
    436,572 -436,572
30,032     30,032
    2,700 -2,700
41,055     41,055
1,229     1,229
    10,459 -10,459
316,648     316,648
634     634
    6,781 -6,781
1,442     1,442
    8,223 -8,223
    354 -354
    862,730 -862,730
16,765     16,765
26,507     26,507
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       302,338
b       1,466
c       10,394
d       27,300
e       3,831
      -18,432
      15,311
      -4,440
      32,637
      61,902
      79,238
      -436,572
      30,032
      -2,700
      41,055
      1,229
      -10,459
      316,648
      634
      -6,781
      1,442
      -8,223
      -354
      -862,730
      16,765
      26,507
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -381,962
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2022)
Form 990-PF (2022)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 5,710
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 5,710
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 5,710
6 Credits/Payments:
a 2022 estimated tax payments and 2021 overpayment credited to 2022 6a 45,307
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 10,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 55,307
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2221 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 49,597
11 Enter the amount of line 10 to be: Credited to 2023 estimated taxright arrow49,597 Refundedright arrow 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowMN
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2022 or the taxable year beginning in 2022? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
Form 990-PF (2022)
Form 990-PF (2022)
Page 5
Part VI-A
Statements Regarding Activities (continued)
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowPJKINGFAMILYFOUNDATION.ORG
14
The books are in care ofright arrowRUSSELL S KING Telephone no.right arrow (612) 884-0248

Located atright arrow701 XENIA AVENUE SOUTH SUITE 130GOLDEN VALLEYMN ZIP+4right arrow55416
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2022, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2022? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2022, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2022?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
Yes
 
b
If "Yes," did it have excess business holdings in 2022 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2022.) .....................
3b
 
No
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2022? ..
4b
 
No
Form 990-PF (2022)
Form 990-PF (2022)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
RUSSELL S KING PRESIDENT
6.00 		0 0 0
701 XENIA AVENUE SOUTH SUITE 130
GOLDEN VALLEY,MN55416
STEPHEN D HIGGINS SECRETARY
2.00 		0 0 0
23785 STREHLER ROAD
LORETTO,MN55357
JAMES C TEAL DIRECTOR
1.00 		2,000 0 0
9695 GEISLER DRIVE
EDEN PRAIRIE,MN55347
JAMES A WEICHERT DIRECTOR
1.00 		2,000 0 0
922 DOUGLAS ROAD
SAINT PAUL,MN55118
ERIC L FOTSCH DIRECTOR
1.00 		2,000 0 0
701 XENIA AVENUE SOUTH SUITE 130
GOLDEN VALLEY,MN55416
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2022)
Form 990-PF (2022)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
KING CAPITAL CORP ADMIN & INVESTMENT 1,340,637
701 XENIA AVENUE SOUTH SUITE 130
GOLDEN VALLEY,MN55416
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2022)
Form 990-PF (2022)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
85,082,217
b
Average of monthly cash balances.......................
1b
3,010,940
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
88,093,157
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
88,093,157
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,321,397
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
86,771,760
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
4,338,588
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
4,338,588
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
5,710
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
52,376
c
Add lines 2a and 2b............................
2c
58,086
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
4,280,502
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
4,280,502
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
4,280,502
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
2,399,968
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
2,399,968
Form 990-PF (2022)
Form 990-PF (2022)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2021 		(c)
2021 		(d)
2022
1 Distributable amount for 2022 from Part X, line 7 4,280,502
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only....... 0
b Total for prior years:20, 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2017......  
b From 2018......  
c From 2019......  
d From 2020...... 225,875
e From 2021......  
f Total of lines 3a through e ........ 225,875
4Qualifying distributions for 2022 from Part
XI, line 4: right arrow$ 2,399,968
a Applied to 2021, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2022 distributable amount..... 2,399,968
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2022. 225,875 225,875
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2021. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2022. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2023 .......... 		1,654,659
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2017 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2023.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2018....  
b Excess from 2019....  
c Excess from 2020....  
d Excess from 2021....  
e Excess from 2022....  
Form 990-PF (2022)
Form 990-PF (2022)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2022, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2022 (b) 2021 (c) 2020 (d) 2019
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2022)
Form 990-PF (2022)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

180 DEGRESS INC

1301 EAST 7TH STREET
ST PAUL,MN55106 		NONE 501(C)(3) GENERAL PURPOSE 231,571

CHRISTIAN CROSS MINISTRIES

PO BOX 406
CAMBRIDGE,MN55008 		NONE 501(C)(3) GENERAL PURPOSE 10,000

GLOBAL VOLUNTEERS

375 LITTLE CANADA RD E
LITTLE CANADA,MN55117 		NONE 501(C)(3) GENERAL PURPOSE 35,421

MOBILE HOPE

7900 MAPLE HILL ROAD
CORCORAN,MN55340 		NONE 501(C)(3) GENERAL PURPOSE 7,000

NORTHEAST YOUTH AND FAMILY SERVICE

3490 LEXINGTON AVENUE NORTH
SHOREVIEW,MN55126 		NONE 501(C)(3) GENERAL PURPOSE 2,000

PROJECT SUCCESS

ONE GROVELAND TERRACE SUITE 300
MINNEAPOLIS,MN55403 		NONE 501(C)(3) GENERAL PURPOSE 520,000

RIVERWORKS COMMUNITY DEVELOPMENT

PO BOX 21
ROCKFORD,MN55373 		NONE 501(C)(3) GENERAL PURPOSE 16,000

SHARING AND CARING HANDS

525 NORTH 7TH STREET
MINNEAPOLIS,MN55405 		NONE 501(C)(3) GENERAL PURPOSE 10,000

ST TERESA ORPHANS FOUNDATION

9510 440TH STREET
RICE,MN56367 		NONE 501(C)(3) GENERAL PURPOSE 4,000

THE FAMILY PARTNERSHIP

4123 EAST LAKE STREET
MINNEAPOLIS,MN55406 		NONE 501(C)(3) GENERAL PURPOSE 600,000

THE RIVER CHURCH

N 13205 RICE LAKE ROAD
MINONG,WI54859 		NONE 501(C)(3) GENERAL PURPOSE 5,000

UNIVERSITY OF MN

420 DELAWARE ST SE MMC 480
MINNEAPOLIS,MN55456 		NONE 501(C)(3) GENERAL PURPOSE 4,000

URBAN VENTURES

2924 FOURTH AVENUE SOUTH
MINNEAPOLIS,MN55408 		NONE 501(C)(3) GENERAL PURPOSE 4,000

WAKOTA LIFE CARE CENTER

1140 ROBERT STREET SOUTH
WEST SAINT PAUL,MN55118 		NONE 501(C)(3) GENERAL PURPOSE 220,000

YMCA OF THE NORTH

PO BOX 1450
MINNEAPOLIS,MN55485 		NONE 501(C)(3) GENERAL PURPOSE 50,000

YOUTHLINK

41 NORTH 12TH STREET
MINNEAPOLIS,MN55403 		NONE 501(C)(3) GENERAL PURPOSE 5,000

BIG BROTHRE BIG SISTERS TWIN CITIES

3110 WASHINGTON AVENUE NORTH
MINNEAPOLIS,MN55411 		NONE 501(C)(3) GENERAL PURPOSE 320,000

HAMLINE UNITED METHODIST CHURCH

1514 ENGLEWOOD AVENUE
ST PAUL,MN55104 		NONE 501(C)(3) GENERAL PURPOSE 10,000

NEIGHBORS INC

222 GRAND AVENUE WEST
SOUTH ST PAUL,MN55075 		NONE 501(C)(3) GENERAL PURPOSE 2,000

SHOULDER TO SHOULDER

1430 APPALOOSA TRAIL
EAGAN,MN55122 		NONE 501(C)(3) GENERAL PURPOSE 97,000

THE JK MOVEMENT

1063 IGLEHART AVENUE
MINNEAPOLIS,MN55104 		NONE 501(C)(3) GENERAL PURPOSE 10,000

WITHALL

5354 PARKDALE DRIVE
ST LOUIS PARK,MN55416 		NONE 501(C)(3) GENERAL PURPOSE 10,000
Total .................................right arrow 3a 2,172,992
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2022)
Form 990-PF (2022)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 1,860,679  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     14 936,713  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 -381,962  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 2,415,430 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,415,430
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2022)
Form 990-PF (2022)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2022)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2022 AccountingFeesSchedule
Name:
PETER J KING FAMILY FOUNDATION
EIN:
26-1600569
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
COPELAND BUHL & CO. 36,358 36,358   0

TY 2022 InvestmentsCorpBondsSchedule
Name:
PETER J KING FAMILY FOUNDATION
EIN:
26-1600569
Name of Bond End of Year Book Value End of Year Fair Market Value
SOFTBANK GROUP 6.0 510,292 474,050
DELPHI FINL (TOKIO MARINE) 7.376 1,688,443 1,630,191
OAS SA 8.875 1,012,208 49,950
DAIRY FARMERS OF AMERICA 7.125 393,500 310,000
ILFC E-CAPITAL TR 4.78 190,000 147,500
ILFC E-CAPITAL TR 5.08589 1,599,781 1,048,125
LAND O' LAKES 7.0 236,875 218,750
LAND O' LAKES 8.0 1,515,632 1,402,500
SBL HOLDINGS 7.0 2,015,000 1,625,000

TY 2022 InvestmentsCorpStockSchedule
Name:
PETER J KING FAMILY FOUNDATION
EIN:
26-1600569
Name of Stock End of Year Book Value End of Year Fair Market Value
ASPEN INSURANCE 5.625 445,701 306,170
ATHENE HOLDING 5.625 222,254 169,233
BANK OF HAWAII 4.375 71,856 49,288
BROOKFIELD PROP 5.75 360,180 192,870
BROOKFIELD PROP 6.50 1,265,283 750,817
CADENCE BANK (BANCORP SOUTH) 5.50 142,335 106,547
CITIZENS FINL GROUP 5.0 275,670 208,208
CARLYLE BANK 4.625 126,280 80,950
CHS INC 6.75 36,205 34,940
CHS 7.875 193,620 179,060
CAPITAL ONE 4.375 125,000 79,600
FIRST HORIZON 4.70 549,518 441,748
FORTRESS INFRASTRUCTURE 0 470,664
FIRST REPUBLIC 4.0 311,084 195,875
FORTRESS AVIATION 8.25 2,515,986 2,731,445
FORTRESS TRANSPORTATION 8.25 350,536 303,750
GLOBE LIFE 4.25 144,500 103,462
HUNTINGTON BANCSHARES 4.50 328,074 221,752
HEARTLAND FINANCIAL USA 7.0 18,020 16,544
JPM 4.625 99,800 75,360
KKR REAL ESTATE 6.50 76,930 49,500
BANK OZK 4.625 250,000 157,700
REGIONS FINANCIAL 4.45 117,256 81,794
RITHM CAPITAL (NEW RESIDENTIAL 6.375) 1,380,068 950,386
CHARLES SCHWAB 4.45 175,640 129,500
STIFEL FINL CORP 4.5 44,700 28,876
SILVERGATE CAPITAL 5.375 534,929 251,491
SYNCHRONY FIN 5.625 259,189 171,500
SOUTH JERSEY IND 5.625 302,962 195,322
ATT 4.75 63,125 43,600
TEXAS CAP BANCSHARES 5.75 625,850 478,250
UNITED COMMUNITY BANKS 6.875 166,040 152,580
US BANCORP 4.0 363,125 235,886

TY 2022 InvestmentsOtherSchedule2
Name:
PETER J KING FAMILY FOUNDATION
EIN:
26-1600569
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
AB ABSA AT COST 247,207 462,445
AB FINANCIAL SERVICES II AT COST 567,211 638,918
AB-LARGE CAP AT COST 445,172 4,604,564
ABSA II AT COST 242,817 308,579
AIM OFFSHORE II AT COST 299,700 397,651
APAX DIGITAL AT COST 444,786 1,016,517
APAX IX AT COST 746,253 1,115,645
APAX X AT COST 742,636 617,202
ARES DIRECT LENDING AT COST 494,098 463,259
ARTISAN AT COST 1,676,131 1,520,291
AUDAX III AT COST 490,794 546,785
BROADCREST AT COST 1,047,983 1,049,320
BROADCREST COMMITTED CAPITAL AT COST 257,132 278,819
CAPITAL GROUP PCS AT COST 219,391 212,466
CARRONADE AT COST 1,000,000 1,150,827
COHESIVE AT COST 91,797 162,573
CREC REAL ESTATE FUND II AT COST 151,761 181,647
CS-CREDIT VALUE PARTNERS AT COST 159,747 39,955
DIGITAL GROWTH II AT COST 631,316 175,041
ELECTRUM AT COST 253,394 173,682
ELECTRUM II AT COST 373,340 492,876
ENGAGED CAPITAL AT COST 1,000,000 1,536,565
FORTRESS CREDIT AT COST 735,925 848,956
FORTRESS INTELLECTUAL AT COST 494,976 513,160
FORTRESS INTELLECTUAL II AT COST 39,450 40,792
FORTRESS LEGAL ASSETSFUND I (B) AT COST 73,675 70,444
FORTRESS LENDING (B1) AT COST 627,918 630,004
FORTRESS LENDING II AT COST 323,504 371,063
FORTRESS LENDING III AT COST 311,088 300,004
FORTRESS NET LEASE INCOME AT COST 134,200 142,387
FORTRESS REAL ESTATE AT COST 69,170 111,055
FORTRESS REAL ESTATE III AT COST 835,428 1,116,738
FOUNDERS PROPERTIES IV AT COST 571,980 40,846
FOUNDERS PROPERTIES V AT COST 518,641 903,676
FOUNDERS PROPERTIES VI AT COST 208,320 11,534
FUNDAMENTAL PARTNERS III AT COST 614,486 887,377
FUNDAMENTAL PARTNERS IV AT COST 993,907 1,207,279
GCM GROSVENORS AT COST 1,129,213 1,403,461
GIF V PRIVATE INVESTORS AT COST 0 47,400
GLOVISTA AT COST 25,562 1,042,722
GS GLOBAL ATLANTIC IVY AT COST 143,497 408,319
GS PRIVATE OPPORTUNITY PARTNERS II AT COST 120,507 306,565
GS PRIVATE TECH OPP I AT COST 201,455 225,616
GSO CAPITAL SOLUTIONS III AT COST 203,732 400,751
GSO ENERGY PRIVATE INVESTORS AT COST 0 53,602
GSO PRIVATE II AT COST 51,075 116,882
HOLOCENE AT COST 44,671 316,939
JPM - WATFORD RE AT COST 22,500 22,500
JPM APAX VIII AT COST 0 118,154
JPM CHINA AT COST 0 74,484
JPM DFJ GROWTH AT COST 0 656,746
JPM DFJ GROWTH IV AT COST 106,366 175,899
JPM HPS MEZZ AT COST 0 27,357
JPM HPS MEZZ III AT COST 216,532 1,120,907
JPM KKR XI AT COST 0 201,842
JPM L CAPITAL ASIA AT COST 132,047 233,525
JPM PROVIDENCE AT COST 0 249,770
JPM RIVERSTONE V AT COST 0 201,455
JPM RIVERSTONE VI AT COST 0 326,283
KENNEDY LEWIS CAPITAL AT COST 415,966 482,044
KKR AMERICAS XII AT COST 170,406 1,266,034
KKR III AT COST 303,112 272,163
LONDON AT COST 1,142 1,089
MILLENNIUM INT'L HEDGEFOCUS 2013 AT COST 0 806,681
MILLENNIUM INT'L HEDGEFOCUS 2019 AT COST 0 85,930
MILLENNIUM LTD - GS AT COST 1,277,418 2,189,693
NEXTEQUITY PARTNERS AT COST 235,074 269,165
NORTH HAVEN RE VIII AT COST 39,673 37,100
OCH ZIFF AT COST 159,300 102,380
OPPORTUNITY PARTNERS VI AT COST 47,946 48,218
PANTERA BLOCKCHAIN AT COST 1,207,077 1,511,982
PETERSHILL II AT COST 705,021 825,500
PETERSHILL PE AT COST 82,280 75,428
PMC PARTNERS I AT COST 0 165,926
POINT 72 INTL HEDGE FUND AT COST 742,013 1,273,439
POLEN AT COST 1,477,827 1,782,653
PRETIUM RESIDENTIAL CREDIT AT COST 383,362 434,297
PRIVATE EQUITY CO-INV PART III AT COST 32,540 30,783
RIDGE LTD AT COST 500,000 360,793
S&S AT COST 653,726 920,120
SARISSA CAPITAL AT COST 250,000 222,480
SCHAFER CULLEN AT COST 1,245,898 1,266,826
SCULPTOR REAL ESTATE FUND IV AT COST 354,841 364,881
SEG PARTNERS AT COST 300,000 273,368
SILVER LAKE PARTNERS AT COST 5,647 768,146
STRATEGIC INVESTORS XI (GS) AT COST 20,830 19,041
TIGER GLOBAL CROSSOVER AT COST 750,000 573,417
TTCP FUND II AT COST 1,177,940 1,789,259
TTCP FUND III AT COST 204,360 214,701
TURNING ROCK AT COST 798,917 1,027,819
TURNING ROCK II AT COST 466,249 459,572
UNIPLAN AT COST 381,737 473,845
VAUGHAN NELSON EMERGIN MKTS AT COST 84,370 132,449
VAUGHAN NELSON INTL SMALL CAP FUND AT COST 574,172 805,050
VIRGO FUND IV AT COST 1,492,442 2,017,821
VIRGO SOCIETAS AT COST 152,256 41,059
VSP III AT COST 314,052 559,665
VULCAN AT COST 1,770,018 1,863,638
WCM AT COST 865,354 1,034,179
WEST STREET GLOAL GROWTH PARTNERS AT COST 275,879 297,130
WEST STREET STRATEGIC SOLUTIONS AT COST 500,410 549,856
WHITE BOX MULTI STRATEGY FUND AT COST 700,000 1,470,899
WORLDQUANT MILLENNIUM AT COST 500,000 691,719
YA GLOBAL INVESTMENTS AT COST 1,018,991 1,010,302

TY 2022 OtherExpensesSchedule
Name:
PETER J KING FAMILY FOUNDATION
EIN:
26-1600569
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CHARITABLE CONTRIBUTIONS FROM PASSTHROUGH 89 89   0
INVESTMENT INTEREST FROM PASSTHROUGH 363,932 363,932   0
NONDEDUCTIBLE EXPENSE FROM PASSTHROUGH 4,114 0   0
BANK CHARGES 6,443 6,443   0
OTHER DEDUCTIONS FROM PASSTHROUGH 593,188 593,188   0
OFFICE SUPPLIES 20,816 20,816   0
TRAVEL EXPENSE 9,264 9,264   0
SECTION 179 FROM PASSTHROUGH 5 5   0
SECTION 743(B) ADJUSTMENT FROM PASSTHROUGH 49 49   0


TY 2022 OtherIncomeSchedule2
Name:
PETER J KING FAMILY FOUNDATION
EIN:
26-1600569
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PORTFOLIO INCOME FROM PASSTHROUGH 96,443 96,443 96,443
ORDINARY INCOME FROM PASSTHROUGH -4,320 -4,320 -4,320
RENTAL INCOME FROM PASSTHROUGH -117,059 -117,059 -117,059
OTHER INCOME FROM PASSTHROUGH 825,500 801,715 825,500
ROYALTY INCOME FROM PASSTHROUGH 14,304 14,304 14,304
GUARANTEED PAYMENTS FROM PASSTHROUGH 121,845 121,845 121,845


TY 2022 OtherProfessionalFeesSchedule
Name:
PETER J KING FAMILY FOUNDATION
EIN:
26-1600569
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ADVISORY FEES 1,308,698 1,308,698   0
ADMINISTRATION FEES 222,476 0   222,476


TY 2022 TaxesSchedule
Name:
PETER J KING FAMILY FOUNDATION
EIN:
26-1600569
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 22,486 22,486   0
FEDERAL TAXES 140,230 0   0