Marion I & Henry J Knott Foundation Inc
- Assets
- $0.0
- Revenue
- $1.0m
- Investments
- $64.1m
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- 08/1987
- Data as of
- 12/2020
- EIN
- 52-1517876
Organization Overview
Marion I & Henry J Knott Foundation Inc is located in Baltimore, MD. The organization was established in 1987. 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. Marion I & Henry J Knott 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 12/2020, Marion I & Henry J Knott Foundation Inc generated $1.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (20.9%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Marion I & Henry J Knott Foundation Inc has awarded 192 individual grants totaling $5,112,341. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Medinger Executive Director | 40 | $134,450 | |
Kathleen Mccarthy Grants & It Manager | 40 | $93,300 | |
Carol Hoffman Executive Manager | 40 | $89,250 | |
Brian Mcdonald Member | 1 | $0 | |
Carlisle Hashim Member | 1 | $0 | |
E B Harris Member | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Prime Buchholz Llc | 12/30/21 | $140,829 |
Hirtle Callaghan | 12/30/21 | $124,479 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,844 |
| Dividends & Interest | $576,783 |
| Profit on Inventory Sales | $0 |
| Other Income | $179,772 |
| Total Revenue | $1,033,147 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $131,500 |
| Pension plans, employee benefits | $108,415 |
| Depreciation | $14,863 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $24,253 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $779,632 |
| Contributions, gifts, grants paid | $1,460,407 |
| Total expenses and disbursements | $2,240,039 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $96,147 |
| Investments—mortgage loans | $0 |
| Investments—other | $64,054,801 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Marion I & Henry J Knott Foundation Inc has awarded $2,922,601 in support to 100 organizations.
| Grant Recipient | Amount |
|---|---|
ARCHDIOCESE OF BALTIMORE PURPOSE: OPERATIONS | $333,333 |
Baltimore, MD PURPOSE: OPERATIONS | $127,000 |
Baltimore, MD PURPOSE: OPERATIONS | $110,000 |
Lutherville, MD PURPOSE: OPERATIONS | $100,500 |
Towson, MD PURPOSE: OPERATIONS | $90,000 |
SISTERS CIRCLE PURPOSE: OPERATIONS | $90,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Marion I & Henry J Knott Foundation Inc has recieved totaling $35,000.
| Awarding Organization | Amount |
|---|---|
Govans Ecumenical Development Corporation Baltimore, MD PURPOSE: PROVIDE SUPPORT FOR OPERATIONS | $35,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
The Abell Foundation Inc Baltimore, MD | $398,354,670 | $42,510,470 |
Cognizant Us Foundation Washington, DC | $53,711,221 | $1,081,755 |
Bay And Paul Foundations Inc Wilmington, DE | $33,659,644 | $890,121 |
Susquehanna Foundation Bala Cynwyd, PA | $640,733,550 | $61,262,452 |
Operating Engineers Trust Fund Of Washington D C & Vicinity Sparks, MD | $40,754,444 | $17,999,357 |
C Kenneth And Dianne Wright Foundation Henrico, VA | $254,775 | $2,124,209 |
E Rhodes And Leona B Carpenter Foundation Radnor, PA | $250,926,779 | $43,460,229 |
Kahlert Foundation Inc Sykesville, MD | $93,179,960 | $19,162,440 |
Posner Foundation Of Pittsburgh Pittsburgh, PA | $0 | $20,216,193 |