John S And James L Knight Foundation Inc
- Assets
- $2.3b
- Revenue
- $170.2m
- Investments
- $2.2b
- Employees
- 0
- Location
- Miami, FL
- Founding
- 01/2014
- Data as of
- 12/2019
- EIN
- 65-0464177
Organization Overview
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.
For the year ending 12/2019, John S And James L Knight Foundation Inc generated $170.2m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $188.8m during the year ending 12/2019. While expenses have increased by 1.1% per year over the past 5 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 2014, John S And James L Knight Foundation Inc has awarded 8,052 individual grants totaling $1,665,502,259. 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
2019
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRUST, MEDIA AND DEMOCRACY:THE FOUNDATION SUPPORTED SIGNIFICANT OPINION RESEARCH AND SURVEYS CONDUCTED BY INDEPENDENT THIRD-PARTY FIRMS AS PART OF TRUST, MEDIA AND DEMOCRACY INITIATIVE. THIS INITIATIVE EXPLORES THE ROLE OF TRUST IN JOURNALISM IN OUR DEMOCRACY. THESE RESEARCH AND SURVEYS EXPLORED ATTITUDES AS WELL AS WAYS TO BUILD TRUST IN INFORMATION. THE SURVEYS WERE PUBLICLY DISSEMINATED VIA SEVERAL MEDIUMS SO THAT THEY COULD BE WIDELY AVAILABLE.
JOURNALISM AND DEMOCRACY INITIATIVE:SUPPORTED KNIGHT'S JOURNALISM AND DEMOCRACY INITIATIVE THROUGH WIDE DISSEMINATION OF REPORTS AND PROMOTION OF THE INITIATIVE. KNIGHT LAUNCHED THE INITIATIVE BY RELEASING THE REPORT OF THE KNIGHT COMMISSION ON TRUST, MEDIA AND DEMOCRACY, DEVELOPED WITH THE ASPEN INSTITUTE, THEN ANNOUNCED A SERIES OF LARGE JOURNALISM GRANTS ORGANIZATIONS SEEKING TO BUILD A SUSTAINABLE FUTURE FOR LOCAL NEWS, AND INVESTED IN MULTIMEDIA TO EDUCATE OTHER FUNDERS ABOUT THE IMPORTANCE OF LOCAL NEWS AND THE FUNDING OPPORTUNITIES. KNIGHT THEN MADE AND ANNOUNCED A SERIES OF GRANTS TO MULTIDISCIPLINARY INSTITUTIONS RESEARCHING THE INTERNET'S EFFECT ON DEMOCRACY, AND LAID THE GROUNDWORK FOR AN AD CAMPAIGN TO ENCOURAGE YOUNG PEOPLE TO CONNECT WITH THEIR FIRST AMENDMENT RIGHTS TO FREE EXPRESSION. COMBINED, THIS EDUCATIONAL CAMPAIGN PROMOTES & AMPLIFIES THE WORK OF OUR GRANTEES, EDUCATES COMMUNITIES ABOUT THE IMPORTANCE OF LOCAL NEW TO OUR DEMOCRACY & ENRICHES THE FIELD OF STUDY.
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 TWELVE YEARS TO A 600-PERSON CONFERENCE WHICH INCLUDES LEARNING EVENTS WITH 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.
THE 100 MILLION PROJECT:THIS COMPREHENSIVE NON-PARTISAN STUDY OF 12,000 CHRONIC NON-VOTERS EXPLORES THEIR VIEWS, ATTITUDES AND BEHAVIORS ON A WIDE RANGE OF TOPICS TO HELP UNDERSTAND THE 100 MILLION ELIGIBLE VOTERS WHO DID NOT VOTE IN THE 2016 ELECTION. THIS ACADEMICALLY RIGOROUS STUDY HOPES TO ADD TO THE FIELD OF STUDY ON DEMOCRATIC ENGAGEMENT AS PART OF KNIGHT'S MISSION TO SUPPORT INFORMED AND ENGAGED COMMUNITIES. THE WORK INCLUDED SIGNIFICANT OPINION RESEARCH AND SURVEYS CONDUCTED BY INDEPENDENT THIRD-PARTY FIRMS THAT WERE WIDELY DISSEMINATED TO THE GENERAL PUBLIC THROUGH REPORTS, AN INTERACTIVE WEBSITE AND A MEDIA AND SOCIAL MEDIA CAMPAIGN. THE STUDY EXAMINED NON-VOTERS THROUGHOUT THE COUNTRY AND ACROSS THE POLITICAL SPECTRUM, AT EVERY LEVEL OF EDUCATION AND INCOME, AND ACROSS A BROAD ARRAY OF DEMOGRAPHIC GROUPS.
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 |
|---|---|---|---|
Alberto Ibarguen President & CEO | 40 | $780,022 | |
Samsher Gill Senior Vp/cpo | 40 | $370,885 | |
Juan J Martinez Vp/cfo & Treasurer | 40 | $357,980 | |
Jennifer Preston Vp/journalism | 40 | $276,914 | |
Victoria Rogers Vp/arts | 40 | $271,456 | |
Jorge Martinez Vp/cto | 40 | $256,651 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gallup Inc | 12/30/19 | $1,923,629 |
Cambridge Associates Llc | 12/30/19 | $3,179,325 |
Bilzin Sumberg Baena Price & Axelrod Llp | 12/30/19 | $1,033,478 |
Ssrs | 12/30/19 | $883,592 |
Bendixen & Associates Inc | 12/30/19 | $823,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,487,905 |
| Interest on Savings | $0 |
| Dividends & Interest | $22,894,448 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $140,726,545 |
| Capital Gain Net Income | $82,997,021 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $44,755 |
| Total Revenue | $170,153,653 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,101,178 |
| Other employee salaries and wages | $5,086,209 |
| Pension plans, employee benefits | $1,629,961 |
| Interest | $0 |
| Taxes | $3,066,615 |
| Depreciation | $0 |
| Occupancy | $1,245,470 |
| Travel, conferences, and meetings | $1,190,390 |
| Printing and publications | $64,403 |
| Other expenses | $17,977,363 |
| Total operating and administrative expenses | $42,114,734 |
| Contributions, gifts, grants paid | $146,670,166 |
| Total expenses and disbursements | $188,784,900 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $70,113,823 |
| 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 | $1,146,723,471 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $38,120,976 |
| Total assets | $2,283,660,148 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $198,038,887 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $7,634,605 |
| Total liabilities | $205,673,492 |
Grants Awarded
Over the last fiscal year, John S And James L Knight Foundation Inc has awarded $272,576,338 in support to 911 organizations.
| Grant Recipient | Amount |
|---|---|
Charlotte, NC PURPOSE: TO SUPPORT THE TRANSFORMATION OF THE CHARLOTTE MECKLENBURG LIBRARYS MAIN LIBRARY INTO A TECH-FORWARD, CIVIC DESTINATION EQUIPPED TO MEET EVOLVING COMMUNITY NEEDS. | $10,000,000 |
New York, NY PURPOSE: TO SUSTAIN THE KNIGHT FIRST AMENDMENT INSTITUTE AT COLUMBIA UNIVERSITY, WHICH WILL PRESERVE BROAD FIRST AMENDMENT RIGHTS IN THE DIGITAL AGE AS A CHAMPION OF DOMESTIC FREE EXPRESSION THOUGH LITIGATION, RESEARCH AND SCHOLARSHIP, WITH THE GOALS OF PRODUCING SIGNIFICANT LEGAL VICTORIES AND INFORMING DISCOURSE AND DEBATE ON THESE ISSUES. | $10,000,000 |
Miami, FL PURPOSE: TO SUPPLEMENT THE KNIGHT FOUNDATION ADVISED FUND FOCUSING ON COMMUNITIES, JOURNALISM, AND ARTS AS A MEANS OF DEVELOPING INFORMED AND ENGAGED COMMUNITIES. | $5,500,000 |
Miami, FL PURPOSE: TO SUPPLEMENT THE KNIGHT FOUNDATION ADVISED FUND FOCUSING ON COMMUNITIES, JOURNALISM, AND ARTS AS A MEANS OF DEVELOPING INFORMED AND ENGAGED COMMUNITIES. | $5,500,000 |
AMERICAN JOURNALISM PROJECT PURPOSE: TO PROVIDE THE LEAD INVESTMENT IN THE AMERICAN JOURNALISM PROJECT, (AJP) A FIRST-OF-ITS-KIND VENTURE PHILANTHROPY ORGANIZATION FOCUSED ON GROWING AND SUSTAINING INDEPENDENT, NONPARTISAN, LOCAL CIVIC NEWS ORGANIZATIONS. | $5,000,000 |
GEORGE WASHINGTON UNIVERSITY PURPOSE: TO ESTABLISH THE INSTITUTE FOR DATA, DEMOCRACY AND POLITICS AT THE GEORGE WASHINGTON UNIVERSITY. | $5,000,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that John S And James L Knight Foundation Inc has recieved totaling $301,415.
| Awarding Organization | Amount |
|---|---|
Neo Philanthropy Inc New York, NY PURPOSE: Program Grant | $301,415 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Health Scholarships Inc Gray, GA | $56,857,114 | $252,984,379 |
John S And James L Knight Foundation Inc Miami, FL | $2,283,660,148 | $170,153,653 |
Georgia Goal Scholarship Program Inc Peachtree Corners, GA | $38,679,182 | $39,170,192 |
Georgia State University Athletic Association Inc Atlanta, GA | $12,025,331 | $28,251,593 |
Apogee Georgia School Choice Scholarship Fund Atlanta, GA | $16,784,547 | $13,010,656 |
University Of West Georgia Foundation Inc Carrollton, GA | $86,644,363 | $5,877,831 |
Inspire Brands Foundation Inc Atlanta, GA | $11,095,916 | $10,803,268 |
Hire Heroes Usa Alpharetta, GA | $8,171,301 | $9,605,457 |
Special Operations Warrior Foundation Tampa, FL | $150,293,386 | $22,527,842 |
Watson-Brown Foundation Inc Thomson, GA | $138,865,737 | $5,948,040 |
Floridamakes Inc Orlando, FL | $889,811 | $7,075,206 |
Lightning Foundation Inc Tampa, FL | $4,042,108 | $5,195,928 |