Knight Foundation
- Assets
- $0.0
- Revenue
- $405.0m
- Investments
- $3.4b
- Employees
- 0
- Location
- Beaverton, OR
- Founding
- 05/1997
- Data as of
- 12/2021
- EIN
- 91-1791788
Organization Overview
Knight Foundation is located in Beaverton, OR. The organization was established in 1997. 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. Knight 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, Knight Foundation generated $405.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 35.0% each year . All expenses for the organization totaled $202.4m during the year ending 12/2021. While expenses have increased by 38.6% 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 2020, Knight Foundation has awarded 17 individual grants totaling $451,000,000. 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
NONE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philip H Knight President/treas | 1 | $0 | |
Penelope P Knight Director/vp | 1 | $0 | |
Lisa Mckillips Asst Sec/asst Treas | 1 | $0 | |
Travis A Knight Vp/sec/director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,303 |
| Dividends & Interest | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $91,285,529 |
| Total Revenue | $405,031,955 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $44,943,977 |
| Contributions, gifts, grants paid | $157,500,000 |
| Total expenses and disbursements | $202,443,977 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,411,085 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,434,040,694 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Knight Foundation has awarded $212,500,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
STANFORD UNIVERSITY PURPOSE: THIS GIFT HAS BEEN DESIGNATED FOR THE KNIGHT-HENNESSEY SCHOLARS PROGRAM. | $1,000,000 |
PROVIDENCE ST VINCENT MEDICAL FOUNDATION PURPOSE: THIS GIFT HAS BEEN DESIGNATED TO THE PROVIDENCE HEART INSTITUTE FOR THE HEART TRANSPLANT PROGRAM. | $7,500,000 |
UNIVERSITY OF OREGON FOUNDATION PURPOSE: THIS GIFT HAS BEEN DESIGNATED FOR THE CAMPUS FOR ACCELERATING SCIENTIFIC IMPACT (THE "CASI PROGRAM"). | $100,000,000 |
OHSU FOUNDATION PURPOSE: THIS GIFT HAS BEEN DESIGNATED FOR THE KNIGHT CANCER INSTITUTE | $70,000,000 |
STANFORD UNIVERSITY PURPOSE: THIS GIFT HAS BEEN DESIGNATED FOR THE PHIL AND PENNY KNIGHT INITIATIVE FOR BRAIN RESILIENCE. | $6,250,000 |
PROVIDENCE ST VINCENT MEDICAL FOUNDATION PURPOSE: THIS GIFT HAS BEEN DESIGNATED TO THE CARDIOLOGY PROGRAM. | $10,000,000 |