Knight Foundation Inc is located in Big Sky, MT. The organization was established in 1991. 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 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 05/2023, Knight Foundation Inc generated $9.5k 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 (14.5%) each year. All expenses for the organization totaled $79.5k during the year ending 05/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Knight Foundation Inc has awarded 182 individual grants totaling $565,456. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Scholz President | 0 | $0 | |
Beth Naert Director | 0 | $0 | |
Robert Lehrkind Treasurer | 0 | $0 | |
Joe Cameron Director | 0 | $0 | |
Bob Naert Vice President | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $41,115 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$31,579 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $9,536 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $521 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11,147 |
| Total operating and administrative expenses | $13,518 |
| Contributions, gifts, grants paid | $66,000 |
| Total expenses and disbursements | $79,518 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,426 |
| Savings and temporary cash investments | $0 |
| 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 | $802,788 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $211 |
| Total assets | $992,415 |
| 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 |
Over the last fiscal year, Knight Foundation Inc has awarded $66,000 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
WOMEN IN ACTION PURPOSE: GENERAL PROGRAM SUPPORT | $2,500 |
CANCER SUPPORT COMMUNITY PURPOSE: GENERAL PROGRAM SUPPORT | $5,000 |
BOZEMAN SENIOR CENTER PURPOSE: GENERAL PROGRAM SUPPORT | $9,000 |
SOLDIER'S CHAPEL PURPOSE: GENERAL PROGRAM SUPPORT | $5,000 |
MONTANA HOPE PROJECT PURPOSE: GENERAL PROGRAM SUPPORT | $2,000 |
WARRIORS AND QUIET WATERS PURPOSE: GENERAL PROGRAM SUPPORT | $3,000 |