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THE KING'S TRUST USA INC

NEW YORK, NY · EIN 825457122 · Form 990 · FY2024 · NTEE T30 · Philanthropy & Grantmaking · Medium ($1M-$10M) · kingstrust.us
revenue
$5.7M
expenses
$7.3M
net assets
$5.4M
employees
10
volunteers
8
program ratio
79%
mission · from form 990

HELP YOUNG PEOPLE TRANSFORM THEIR LIVES BY DEVELOPING THE CONFIDENCE AND SKILLS TO LIVE, LEARN & EARN.

profile · synthesized from sources

The King's Trust USA supports the global mission of The King's Trust, founded by HM King Charles III, to help young people aged 11 to 30 develop the confidence and skills needed to live, learn, and earn. The organization operates as a grantmaking entity that funds international youth development programs, focusing on education, employment, and enterprise initiatives. It supports programs in over 20 countries through strategic partnerships and fundraising efforts.

named programs · 3 · from sources

What they call their work

Get Into
Program that prepares young people for employment through training and job placement, such as Eirini’s placement at Vodafone
Mentorship Program
Provides one-on-one mentoring to young people, helping them build confidence and share their stories to inspire change
Operation Entrepreneur
Entrepreneurship program for military veterans, helping them start businesses after service, as demonstrated by Kristin’s success in Canada
activities · 7 groups

What they do

  • Youth Entrepreneurship & Financial Literacy Education 2 activities
    • Partnering with schools and employers to expand opportunity access
      Collaborates with schools, employers, and community organizations to integrate student-led enterprise programs into curricula and connect young people with real-world opportunities, such as launching student-run businesses and community projects addressing local needs.
    • Running the Enterprise Challenge program for young people
      Delivers the Enterprise Challenge program across cities including New York, Chicago, and Detroit, supporting over 400 young people in developing entrepreneurial skills through hands-on business planning and pitching. The program includes regional competitions and culminates in a US-wide finals event.
  • Youth Workforce Readiness Programs 1 activity
    • Delivering youth employability and personal development programs
      Provides alternative learning programs focused on personal development, transferable employability skills, and soft skills such as communication and teamwork to young people aged 11 to 30 facing barriers to education and employment. Programs include school-based clubs, online business simulations, and intensive pre-employment courses.
  • Youth One-on-One Mentoring 1 activity
    • Facilitating mentoring and career support through volunteers
      Engages volunteers to provide mentoring and career guidance to young people, including online mentoring to support personal development and storytelling as a tool for positive influence.
  • Benefit Events for Arts and Culture 1 activity
    • Hosting the annual Global Gala event
      Organizes an annual Global Gala event, with the fifth edition scheduled for April 29, 2026, in New York City, which generates significant media visibility—such as over 3 billion impressions and $30 million in advertising value in 2025—and supports awareness and fundraising efforts.
  • Youth Workforce Development in Food & Environment 1 activity
    • Preparing youth for green economy careers
      Offers programs that prepare young people to enter and succeed in green trades across energy, forestry, and sustainable land use sectors, aligning with broader environmental sustainability goals.
  • Workforce Readiness Training 1 activity
    • Providing sector-specific job training and placement support
      Offers employer-led programs that combine preparatory learning and on-the-job training, with support in CV writing, interview skills, and recruitment fairs. Includes targeted initiatives like the Get into Healthcare program to prepare unemployed young people for employment in specific sectors.
  • Startup Acceleration & Business Growth Support 1 activity
    • Supporting youth entrepreneurship and business development
      Runs enterprise programs that help young people and military veterans explore business management, develop entrepreneurial ideas, and launch businesses, supported by trained business mentors who provide guidance during concept testing and initial launch phases.
financials · form 990 · fy2024
revenue
Total revenue$5.73M
Contributions & grants$6.31M110%
Program service revenue$00%
Investment income$1300%
Other revenue$-579K
expenses
Total expenses$7.28M
Program expenses79%
Admin / overhead10%
Fundraising11%
Salaries & benefits$1.22M
Grants paid out$5.07M
Largest expense lineCompensation
balance sheet
Total assets$6.39M
Cash$548K
Investments$813K
Liabilities$971K
Net assets$5.42M
Liquid reserves2.2 mo
5 years on record · 2019–2024 · YoY revenue -15.3%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 5
NameTitleHours/wkCompensation
VICTORIA GORE CEO 40 $279K
ALISON ZAYAS DIRECTOR OF PHILANTHROPY 40 $231K
FERGAL LYNCH DIR OF EVENTS AND CORPORATE PARTNERSHIPS 40 $154K
JESSE RAUCH HEAD OF OPERATIONS 40 $129K
MICHAEL DE ROECK HEAD OF PROGRAMS 40 $129K
board members · 6
  • HANNAH YOUNG — BOARD MEMBER
  • JEREMY GREEN — CHAIR
  • KATE JAMES — BOARD MEMBER
  • LIZ WEIKES — TREASURER
  • ROMERO BRITTO — BOARD MEMBER THRU 07/24
  • RUDYARD CERES — BOARD MEMBER
relationships · 59

Who they work with

  • AFI Partner — Collaborates with The Prince’s Trust International on the Enterprise Program in Greece.
  • Alumni Council Partner — Network of Prince’s Trust alumni in the US who serve as ambassadors and mentors.
  • American Airlines Partner — Patron supporting The King's Trust USA
  • Axiom Space Partner — Patron supporting The King's Trust USA
  • City Year Partner — Collaborates with City Year AmeriCorps members and local chapters to deliver the Enterprise Challenge program in multiple cities.
  • City Year Partner — Delivery partner for the Enterprise Challenge program in Chicago, Detroit, and New York City, with expansion planned to new cities in 2025.
  • City Year Partner — Delivery partner for the Enterprise Challenge program in the US
  • Cognizant U.S. Foundation Partner — Platinum Patron supporting The King's Trust USA
  • Corallia Partner — Partners with The Prince’s Trust International on the Enterprise Program in Greece.
  • Dev Pragad Partner — Member of the Advisory Board of The King's Trust USA
  • Elizabeth Weikes Partner — Treasurer and Member of the Board of Trustees of The King's Trust USA
  • Fidelity Charitable Partner — DAF platform through which donors can recommend grants to The King's Trust USA
  • First Sentier Foundation Partner — Patron supporting The King's Trust USA
  • Future Leaders Partner — Advisory council of young entrepreneurs and changemakers supporting the organization's global mission.
  • Grace Family Vineyards Partner — Thanked as a supporter of The King's Trust Global Gala
  • HSBC Holdings Plc Partner — Global Patron supporting The King's Trust USA
  • Hannah Young Partner — Member of the Board of Trustees of The King's Trust USA
  • Hyatt Hotel Corporation Partner — Patron supporting The King's Trust USA
  • James Sommerville OBE Partner — Member of the Advisory Board of The King's Trust USA
  • James and Christine Sommerville Partner — Gold Patron supporting The King's Trust USA
  • Jeremy Green CBE Partner — Board Chair of The King's Trust USA
  • KF Impact Foundation Partner — Patron supporting The King's Trust USA
  • Kate James Partner — Member of the Board of Trustees of The King's Trust USA
  • King Charles III Charitable Fund Partner — Global Patron supporting The King's Trust USA
  • King's Trust Aotearoa New Zealand Network — Part of the global King's Trust Group, collaborating with King's Trust Aotearoa New Zealand.
  • King's Trust Australia Network — Part of the global King's Trust Group, operating alongside King's Trust Australia.
  • King's Trust Canada Network — Part of the global King's Trust Group, working in coordination with King's Trust Canada.
  • King's Trust International Network — Member of the King's Trust Group, collaborating with King's Trust International on global youth programs.
  • Knowl Social Enterprise Partner — Collaborates with The Prince’s Trust International to support youth employment and development in Greece.
  • Magic Bus Partner — Co-implements the Get Into program in India to provide training and job placements in the retail sector.
+ 29 more
strategies · 5

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Confidence and Life Skills as Foundation for Economic Success
    methodology: personal_development_pathway
    By developing confidence and practical life skills, young people are empowered to overcome barriers to employment and education, leading to improved personal and economic outcomes, because these foundational skills increase agency, resilience, and readiness for work.
  • Employer-Integrated Skills Development for Sustainable Employment
    methodology: employer_partnership_model
    By aligning skills training with real job opportunities through employer partnerships, young people achieve sustainable employment because the training is directly responsive to labor market needs and reduces employer risk in hiring disadvantaged youth.
  • Healing-Centered Entrepreneurship for Holistic Youth Development
    methodology: healing_centered_development
    By framing entrepreneurship as a vehicle for personal healing, young people transform lived challenges into community-focused solutions, because this approach integrates emotional recovery with skill-building, increasing engagement and purpose.
  • Mentorship as Catalyst for Entrepreneurial and Personal Growth
    methodology: mentorship_catalyst
    Through sustained mentorship—particularly via storytelling, coaching, and alumni networks—youth build confidence and entrepreneurial capacity, because relational support reduces isolation, increases accountability, and models successful pathways.
  • Targeted Empowerment of Young Women to Maximize Systemic Impact
    methodology: women_first
    By focusing support on young women and girls through financial aid, mentorship, and networks, the organization creates transformative change in individuals, families, and communities because gender-specific barriers require intentional dismantling and women’s economic empowerment has multiplier effects.