Austin E Knowlton Foundation Inc
- Assets
- $215.8m
- Revenue
- $5.1m
- Investments
- $206.3m
- Employees
- 0
- Location
- Cincinnati, OH
- Founding
- 10/1982
- Data as of
- 12/2022
- EIN
- 31-1044475
Organization Overview
Austin E Knowlton Foundation Inc is located in Cincinnati, OH. The organization was established in 1982. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Austin E Knowlton Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Austin E Knowlton Foundation Inc generated $5.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $13.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Austin E Knowlton Foundation Inc has awarded 509 individual grants totaling $185,034,181. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John C Lindberg President | 15 | $100,000 | |
Eric V Lindberg Vice President And Cio | 25 | $300,000 | |
Robert A Pitcairn Jr Secretary | 15 | $150,000 | |
Edward D Diller Treasurer | 12 | $100,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hunt Builders Corporation | 12/30/22 | $605,162 |
Kfz Design Inc | 12/30/22 | $58,355 |
Jp Morgan Chase Bank Na | 12/30/22 | $399,797 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $31,135 |
| Dividends & Interest | $2,392,140 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,671,406 |
| Capital Gain Net Income | $2,887,340 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,094,681 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $650,000 |
| Other employee salaries and wages | $116,400 |
| Pension plans, employee benefits | $14,280 |
| Interest | $0 |
| Taxes | $188,974 |
| Depreciation | $0 |
| Occupancy | $47,419 |
| Travel, conferences, and meetings | $108,993 |
| Printing and publications | $1,944 |
| Other expenses | $769,957 |
| Total operating and administrative expenses | $2,359,334 |
| Contributions, gifts, grants paid | $11,420,000 |
| Total expenses and disbursements | $13,779,334 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,131 |
| Savings and temporary cash investments | $7,447,281 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $197,819,319 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,110,288 |
| Total assets | $215,831,198 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Austin E Knowlton Foundation Inc has awarded $33,670,000 in support to 60 organizations.
| Grant Recipient | Amount |
|---|---|
BIG BROTHERS BIG SISTERS OF GREATER CINCINNATI PURPOSE: PROGRAM SERVICES | $5,000 |
CINCINNATI NATURE CENTER PURPOSE: PROGRAM SERVICES | $10,000 |
TEN THOUSAND VILLAGES PURPOSE: PROGRAM SERVICES | $100,000 |
CHILDHOOD FOOD SOLUTIONS PURPOSE: PROGRAM SERVICES | $15,000 |
SPRINGER SCHOOL AND CENTER PURPOSE: PROGRAM SERVICES | $100,000 |
THE RONALD PRESIDENTIAL FOUNDATION & INSTITUTE PURPOSE: PROGRAM SERVICES | $100,000 |