Eddy Knight Family Foundation
- Assets
- $5.7m
- Revenue
- $939.0k
- Investments
- $5.7m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 12/2001
- Data as of
- 12/2021
- EIN
- 72-1462097
Organization Overview
Eddy Knight Family Foundation is located in Houston, TX. The organization was established in 2001. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Eddy Knight Family Foundation 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 12/2021, Eddy Knight Family Foundation generated $939.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 38.9% each year . All expenses for the organization totaled $292.9k during the year ending 12/2021. While expenses have increased by 4.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Eddy Knight Family Foundation has awarded 112 individual grants totaling $1,067,428. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS AND EXPENSES INCURRED IN THE REVIEW, ANALYSIS, AND QUALIFICATIONS OF GROUPS AND CAUSES TO MEET THE FOUNDATION'S PURPOSE OF IMPROVING THE QUALITY OF LIFE AND SOCIAL CONDITIONING OF CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Knight Director | 0 | $0 | |
Kelly Sobiesk Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $544,096 |
| Interest on Savings | $58,504 |
| Dividends & Interest | $56,910 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $279,456 |
| Capital Gain Net Income | $279,456 |
| Net ST Capital Gain | $11,940 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $938,966 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,528 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $63,302 |
| Total operating and administrative expenses | $69,851 |
| Contributions, gifts, grants paid | $223,000 |
| Total expenses and disbursements | $292,851 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $125 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $1,224 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,715,098 |
| 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, Eddy Knight Family Foundation has awarded $223,000 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
DIOCESE OF LAKE CHARLES PURPOSE: SUPPORT ORGANIZATION'S PROGRAM | $50,000 |
Lafayette, LA PURPOSE: SUPPORT ORGANIZATION'S PROGRAMS | $15,000 |
Lafayette, LA PURPOSE: SUPPORT ORGANIZATION'S PROGRAMS | $13,000 |
ST THOMAS MORE CAP CAMPAIGN PURPOSE: IMPROVING EDUCATION FOR CHILDREN | $12,500 |
Memphis, TN PURPOSE: SUPPORT ORGANIZATION'S PROGRAMS | $12,000 |
ACADIANA SYMPHONY ORCHESTRA PURPOSE: SUPPORT ORGANIZATION'S PROGRAMS | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nelda C And H J Lutcher Stark Foundation Orange, TX | $0 | $13,068,953 |
The Lanier Theological Library Foundation Houston, TX | $165,460,506 | $161,744,141 |
Kemper And Leila Williams Foundation New Orleans, LA | $0 | $33,926,761 |
Tom T East Sr & Alice K East & Alice H East & Robert C East Wildl San Antonio, TX | $502,937,323 | $12,880,402 |
The Caldwell Foundation Tyler, TX | $113,613,733 | $12,178,826 |
Jones Trust Springdale, AR | $87,208,961 | $7,926,357 |
Whole Kids Foundation Austin, TX | $20,924,486 | $5,788,036 |
Carl And Marilynn Thoma Art Foundation Santa Fe, NM | $0 | $36,422,281 |
Hope Center Foundation Plano, TX | $50,591,609 | $3,157,864 |
Brian D Patterson Usa - International Foundation Burkburnett, TX | $91,124 | $1,600,664 |
Shearn Moody Plaza Corporation Galveston, TX | $0 | $2,031,035 |
Dhr Health Institute For Research & Development Edinburg, TX | $765,777 | $2,008,327 |