Knight Foundation

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 12/2020, Knight Foundation generated $2.0b in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 58.2% each year . All expenses for the organization totaled $108.1m during the year ending 12/2020. While expenses have increased by 55.7% 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2020

Describe the Organization's Program Activity:

Part 3 - Line 4a

NONE


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $895,447,489
Interest on Savings $8,577
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $997,790,100
Capital Gain Net Income $997,751,271
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $70,196,897
Total Revenue $1,963,443,063

Grants Awarded

Over the last fiscal year, Knight Foundation has awarded $157,500,000 in support to 3 organizations.

Grant RecipientAmount

UNIVERSITY OF OREGON FOUNDATION

Org PageRecipient Profile

Eugene, OR

PURPOSE: THIS GIFT HAS BEEN DESIGNATED FOR THE CAMPUS FOR ACCELERATING SCIENTIFIC IMPACT (THE "CASI PROGRAM").

$100,000,000

STANFORD UNIVERSITY

PURPOSE: THIS GIFT HAS BEEN DESIGNATED FOR THE KNIGHT-HENNESSEY SCHOLARS PROGRAM.

$40,000,000

PROVIDENCE ST VINCENT MEDICAL FOUNDATION

PURPOSE: THIS GIFT HAS BEEN DESIGNATED TO THE PROVIDENCE HEART INSTITUTE AND A NEW HEART TRANSPLANT PROGRAM.

$17,500,000
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