William S Knight Foundation Inc
- Assets
- $39.0m
- Revenue
- $2.3m
- Investments
- $36.9m
- Employees
- 0
- Location
- Naples, FL
- Founding
- 04/2016
- Data as of
- 12/2021
- EIN
- 81-0797771
Organization Overview
William S Knight Foundation Inc is located in Naples, FL. The organization was established in 2016. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. William S 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 12/2021, William S Knight Foundation Inc generated $2.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (31.7%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, William S Knight Foundation Inc has awarded 71 individual grants totaling $5,607,301. 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
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas L Brown Director | 0.5 | $6,000 | |
Stephen K Blumm Also See Attachment President | 6 | $6,000 | |
Gary G Grabowski Also See Attachmen Scretary /treas | 6 | $6,000 | |
Donald F Wichelt Vice Pres. | 0.5 | $6,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $544,855 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,757,074 |
| Capital Gain Net Income | $1,757,074 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $8,904 |
| Total Revenue | $2,310,833 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $24,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $35,453 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,717 |
| Printing and publications | $0 |
| Other expenses | $9,153 |
| Total operating and administrative expenses | $276,729 |
| Contributions, gifts, grants paid | $1,519,900 |
| Total expenses and disbursements | $1,796,629 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,607 |
| Savings and temporary cash investments | $2,079,461 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $38,990,296 |
| 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 | $12,000 |
| Total liabilities | $12,000 |
Grants Awarded
Over the last fiscal year, William S Knight Foundation Inc has awarded $2,804,900 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
LAKE COUNTRY CLASSICAL ACADEMY PURPOSE: START-UP FUNDING | $500,000 |
LAKE COUNTRY CLASSICAL ACADEMY PURPOSE: CAPITAL CAMPAIGN CHALLENGE GRANT | $500,000 |
COLLEGE OF THE OZARKS PURPOSE: PATRIOTIC EDUCATIONAL PROGRAMING | $500,000 |
Madison, WI PURPOSE: SKILLED TRADES ENDOWMENT | $150,000 |
TURNING POINT USA PURPOSE: ALUMNI PROG. AND LEADERSHIP SUMMIT | $125,000 |
PRAGERU PURPOSE: EDUCATIONAL VIDEOS- 2021 | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Inspiritus Inc Atlanta, GA | $4,563,820 | $17,981,504 |
Lifeshape Inc Atlanta, GA | $41,056,311 | $15,846,732 |
Haggai International Institute For Advanced Leadership Training Inc Peachtree Corners, GA | $41,354,774 | $16,620,781 |
Insideout Community Ministries Inc Clearwater, FL | $52,422,753 | $11,970,498 |
Elam Ministries Inc Alpharetta, GA | $5,679,728 | $12,042,641 |
Paramount Church Inc Palm Beach, FL | $0 | $8,970,572 |
Allegany Franciscan Ministries Inc Palm Harbor, FL | $132,053,877 | $12,610,220 |
Christian Sharing Center Inc Longwood, FL | $4,167,594 | $10,357,110 |
Maimonides-Shalom Academy Inc Fort Lauderdale, FL | $17,956,185 | $11,187,159 |
Wellspring Living Inc Atlanta, GA | $3,565,992 | $9,107,143 |
Sail-School For Arts-Infused Learning Evans, GA | $15,793,761 | $7,096,452 |
Phil Waldrep Evangelistic Association Decatur, AL | $5,783,944 | $9,174,147 |