John S And James L Knight Foundation Inc is located in Miami, FL. The organization was established in 2014. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. John S And James L Knight 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 12/2023, John S And James L Knight Foundation Inc generated $86.9m 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 (6.1%) each year. All expenses for the organization totaled $222.8m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, John S And James L Knight Foundation Inc has awarded 10,227 individual grants totaling $2,398,784,768. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
KNIGHT COMMISSION ON INTERCOLLEGIATE ATHLETICS: THE GOAL OF THE KNIGHT COMMISSION ON INTERCOLLEGIATE ATHLETICS IS TO LEAD TRANSFORMATIONAL CHANGE IN COLLEGE SPORTS TO PRIORITIZE COLLEGE ATHLETES' EDUCATION, HEALTH, SAFETY AND SUCCESS. IN 2023, THE COMMISSION'S WORK INCLUDED THE FOLLOWING:-CONDUCTED TWO NATIONAL MEETINGS OF THE KNIGHT COMMISSION IN WASHINGTON, DC. ONE MEETING WAS PUBLIC AND INCLUDED INVITED EXPERTS. THIS SESSION WAS MADE PUBLICLY ACCESSIBLE LIVE AND BY RECORDING. HOSTED TWO NATIONAL PUBLIC FORUMS AT NATIONAL CONVENTIONS OF COLLEGE SPORTS LEADERS, ONE AT THE NCAA CONVENTION AND THE SECOND AT THE NATIONAL ASSOCIATION OF COLLEGIATE ATHLETICS DIRECTORS. BOTH SESSIONS WERE ALSO MADE ACCESSIBLE VIRTUALLY TO PARTICIPANTS, INCLUDING MEDIA.-FUNDED INDEPENDENT RESEARCH ON COLLEGE ATHLETICS SPENDING AND PROJECTIONS FOR 2032, PRODUCED BY FINANCIAL SERVICES FIRM CLA.CONTINUED ON STATEMENT 29
KNIGHT MEDIA FORUM: THE KNIGHT MEDIA FORUM IS THE PREMIER GATHERING FOR FUNDERS AND MEDIA LEADERS WORKING TO STRENGTHEN LOCAL NEWS, COMMUNITY AND DEMOCRACY. THE CONVENING HAS EVOLVED OVER THE PAST SEVENTEEN YEARS TO A 650-PERSON CONFERENCE IN PERSON AND WITH VIRTUAL PROGRAMMING TO INCLUDE EXPERTS AND LEADING PRACTITIONERS IN THESE AREAS. PARTICIPANTS LEAVE WITH I) AWARENESS OF CUTTING-EDGE ISSUES AND MAJOR TRENDS IN COMMUNITY NEWS AND INFORMATION, II) PRACTICAL TOOLS AND REPLICABLE IDEAS AND III) NEW PARTNERSHIPS AND RELATIONSHIPS TO HELP EXECUTE PROJECTS.
GRANTS EXPENDITURE MONITORING: CONSISTENT WITH ITS COMMITMENT TO DEVELOPING GRANTEE ORGANIZATIONAL CAPACITY AND PROMOTING THE USE OF BEST PRACTICES IN THE FIELD, KNIGHT FOUNDATION PERFORMED SEVERAL GRANT EXPENDITURE MONITORING ON OUR GRANTEES. THESE EVALUATIONS ARE PERFORMED BY OUTSIDE CONSULTANTS WHO EXAMINE THE GRANTEE'S ADMINISTRATIVE OPERATIONS, INTERNAL CONTROLS AND PROGRAMMATIC ACTIVITIES BY FOLLOWING A SAMPLE OF GRANT EXPENDITURES THROUGH THE GRANTEE'S EXPENDITURE CYCLE. THE FOUNDATION PROVIDES THE GRANTEE WITH A REPORT DETAILING THE CONSULTANT'S OBSERVATIONS AND RECOMMENDATIONS FOR IMPROVEMENTS.
CATALYST CONFERENCE: THE CATALYST CONFERENCE IS A GATHERING OF ARTISTS AND ARTS ORGANIZATIONS THAT ARE HARNESSING TECHNOLOGY TO EXPAND HORIZONS, FOSTER CONNECTIONS AND REDEFINE BOUNDARIES IN THE MIDST OF RAPID DIGITAL TRANSFORMATION. AT CATALYST, LEADERS AT THE FOREFRONT OF INNOVATION CONSIDER THE IMPLICATIONS OF DIGITAL TRANSFORMATION IN THE ARTS THROUGH THE LENSES OF SUSTAINABILITY, ETHICS AND EXPLORATION AND IDENTIFY OPPORTUNITIES TO ENHANCE THE CREATION, APPLICATION AND DISSEMINATION OF ART. EXPLORING TOPICS SUCH AS HOW TECHNOLOGY IS BEING UTILIZED TO EXPAND THE REACH AND DEEPEN THE IMPACT OF ARTS ORGANIZATIONS AND CULTURAL INSTITUTIONS, HOW TECHNOLOGY CAN ENHANCE ACCESS TO THE ARTS THROUGH AGENCY AND PARTICIPATION WHILE LEARNING FROM ART AND TECH TRAILBLAZERS AND HOW TECHNOLOGY CAN RESHAPE ARTISTIC PRACTICE WITH PIONEERS WORKING AT THE FOREFRONT OF CREATIVE EXPRESSION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Frank Borges Chairman And Trustee | 2 | $0 | |
Adriana M Cisneros Trustee | 2 | $40,000 | |
Ana-Marie Codina Barlick Trustee | 2 | $0 | |
Anna Spangler Nelson Trustee | 2 | $0 | |
Austin Clements Trustee | 2 | $40,000 | |
Beverly Knight Olson Trustee (through 09/2023) | 2 | $40,000 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Kindle Communications Llc | 12/30/23 | $938,390 |
Cambridge Associates Llc | 12/30/23 | $3,071,782 |
Kpmg Llp | 12/30/23 | $571,735 |
Bny Mellon Asset Servicing | 12/30/23 | $430,356 |
Russell Reynolds Associates Inc | 12/30/23 | $353,193 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $19,048,380 |
Net Rental Income | $993,613 |
Net Gain on Sale of Assets | $66,816,124 |
Capital Gain Net Income | $42,228,851 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $86,858,117 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $3,935,143 |
Other employee salaries and wages | $5,303,541 |
Pension plans, employee benefits | $1,523,794 |
Interest | $0 |
Taxes | $1,780,035 |
Depreciation | $368,889 |
Occupancy | $2,889,390 |
Travel, conferences, and meetings | $1,426,385 |
Printing and publications | $41,281 |
Other expenses | $11,288,939 |
Total operating and administrative expenses | $35,321,579 |
Contributions, gifts, grants paid | $187,524,486 |
Total expenses and disbursements | $222,846,065 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $71,902,644 |
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 | $1,575,553,422 |
Net Land, buildings, and equipment | $3,820,326 |
Other assets | $63,432,112 |
Total assets | $2,533,365,916 |
Accounts payable and accrued expenses | $0 |
Grants payable | $224,538,309 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $29,246,186 |
Total liabilities | $253,784,495 |
Over the last fiscal year, John S And James L Knight Foundation Inc has awarded $324,506,744 in support to 704 organizations.
Grant Recipient | Amount |
---|---|
AID FOR AIDS INTERNATIONAL INC PURPOSE: TO PROVIDE SUPPORT FOR AIDS RESEARCH AND EDUCATION. | $20,000 |
8 80 CITIES PURPOSE: TO RENEW SUPPORT FOR KNIGHT EMERGING CITY CHAMPIONS, A PROGRAM THAT PROVIDES TRAINING, FUNDING, AND CONNECTIONS TO EMERGING LEADERS IN KNIGHT CITIES TO COMPLETE PROTOTYPE PROJECTS FOCUSED ON PUBLIC SPACE AND THE USE OF TECHNOLOGY. | $100,000 |
AKRON ART MUSEUM PURPOSE: TO SUPPORT DIGITAL INTEGRATION THROUGHOUT THE MUSEUM VIA IMPLEMENTATION OF THE DIGITAL INTEGRATION PLAN, THE CREATION OF THE KNIGHT CENTER FOR DIGITAL DISCOVERY, AND RELATED UPGRADES TO TECHNICAL INFRASTRUCTURE. | $1,000,000 |
AKRON COMMUNITY FOUNDATION PURPOSE: TO SUPPORT THE FOUNDATION'S MISSION VIA THE HOOD FAMILY FUND. | $65,000 |
AKRON CREATIVE INC PURPOSE: TO SUPPORT THE MISSION OF THE NIGHTLIGHT CINEMA AND FOR PROFESSIONAL DEVELOPMENT AND COACHING. | $5,000 |
AMERICA ACHIEVES INC PURPOSE: TO PROVIDE MIAMI'S REGIONAL TECH HUB CONSORTIUM WITH TECHNICAL ASSISTANCE IN ITS BID TO BE DESIGNATED A REGIONAL TECHNOLOGY AND INNOVATION HUB BY THE U.S. ECONOMIC DEVELOPMENT ADMINISTRATION. | $250,000 |