The Knox Foundation
- Assets
- $106.3m
- Revenue
- $7.2m
- Investments
- $100.7m
- Employees
- 0
- Location
- Thomson, GA
- Founding
- 11/1982
- Data as of
- 12/2021
- EIN
- 58-6163728
The information for The Knox Foundation is as of the organization's most recent filing in December 2019. This organization is located in Thomson, GA and has been in existence for 37 years, following its founding in 1982.
Organization Classification
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The Knox Foundation's NTEE code is T20, which tells us that the organization is classified along with Philanthropy, Voluntarism & Grantmaking Foundations. The "20" tells us that the organization is a Private Grantmaking Foundation. The NTEE describes Private Grantmaking Foundations as nongovernmental, nonprofit organizations with funds and programs managed by trustees or directors established to maintain charitable activities serving the common welfare, primarily through grantmaking. Additionally, the Knox Foundation is a 501(c)(3) organization, as defined by the Internal Revenue Code. This means that the organization is engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.
Grant History
Our dataset has five years of grant history for The Knox Foundation. In that time, they have awarded a total of 516 grants, with an average check size of $33,895. The majority of grants were awarded in the Arts, Culture & Humanities sector (58), followed by Education (29) and Philanthropy, Voluntarism & Grantmaking Foundations (27). The organization most frequently awards grants in Georgia (470), followed by South Carolina (20), New York (2), and Florida (1). Grants have also been awarded in Tennessee (4), District of Columbia (2), Texas (5), Nevada (1), Arkansas (1), Illinois (2), North Carolina (5), Louisiana (1), Arizona (1), and Michigan (1).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jefferson B A Knox Director | 40 | $150,000 | |
Elizabeth Knox Hopkins Director | 10 | $33,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Crawford Investment Council | 12/30/21 | $214,074 |
Raymond James Financial Inc | 12/30/21 | $200,517 |
Westend Capital Management | 12/30/21 | $52,621 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,087 |
| Dividends & Interest | $1,882,406 |
| Net Rental Income | $247,621 |
| Net Gain on Sale of Assets | $4,833,596 |
| Capital Gain Net Income | $4,833,596 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $35,954 |
| Total Revenue | $7,175,733 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $183,000 |
| Other employee salaries and wages | $6,775 |
| Pension plans, employee benefits | $61,516 |
| Interest | $74 |
| Taxes | $113,565 |
| Depreciation | $115,519 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $135,086 |
| Total operating and administrative expenses | $1,141,277 |
| Contributions, gifts, grants paid | $3,293,990 |
| Total expenses and disbursements | $4,435,267 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,609,257 |
| 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 | $58,018 |
| Net Investments - land, buildings, equipment | $3,874,533 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $6,574 |
| Other assets | $12,561 |
| Total assets | $106,277,096 |
| 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, The Knox Foundation has awarded $3,293,990 in support to 87 organizations.
| Grant Recipient | Amount |
|---|---|
APPARO ACADEMY PURPOSE: MEDICAL | $500,000 |
CHILD ENRICHMENT INC PURPOSE: SOCIAL SERVICES | $450,000 |
Augusta, GA PURPOSE: CULTURAL | $160,000 |
Brunswick, GA PURPOSE: SOCIAL SERVICES | $150,000 |
FAMILY Y OF GREATER AUGUSTA PURPOSE: SOCIAL SERVICES | $125,000 |
GAP MINISTRIES PURPOSE: SOCIAL SERVICES | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bobbie Bailey Foundation Inc Tucker, GA | $24,485,053 | $1,564,197 |
J R Hyde Iii Foundation Memphis, TN | $230,354,058 | $26,306,779 |
Yhwh Foundation Inc Carrollton, GA | $0 | $14,288,691 |
Drs Bruce & Lee Foundation Florence, SC | $254,078,574 | $12,559,871 |
First Horizon Foundation Memphis, TN | $37,840,936 | $11,265,846 |
Families And Communities Rising Inc Durham, NC | $8,732,109 | $17,644,457 |
Miriam U Hoover Foundation Vero Beach, FL | $0 | $462,542 |
Charles A Cannon Charitable Trust N0 One Concord, NC | $132,429,020 | $9,552,538 |
Dr Herbert And Nicole Wertheim Family Foundation Inc Miami, FL | $42,831,898 | $5,245,016 |
Quality Senior Housing Foundation Of East Texas Inc Atlanta, GA | $68,762,519 | $14,924,948 |
The Mary Alice Fortin Foundation Palm Beach, FL | $167,401,142 | $8,209,363 |
Mary Reynolds Babcock Foundation Incorporated Winstonsalem, NC | $253,832,619 | $55,868,843 |