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Also known as: C/O DONNA MADONNA
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Gb Knecht Foundation is a private trust based in BLUE HILL, ME. The foundation received its IRS ruling in 2009. The principal officer is Jean Madonna. It holds total assets of $2.6M. Annual income is reported at $520K. Total assets have grown from N/A in 2011 to $2.3M in 2023. The foundation is governed by 3 officers and trustees. Distribution of contributions to deserving charitable organizations. Tax records are available from 2021 to 2023. According to available records, Gb Knecht Foundation has made 136 grants totaling $454K, with a median grant of $3K. The foundation has distributed between $222K and $232K annually from 2021 to 2022. Individual grants have ranged from $1K to $10K, with an average award of $3K. The foundation has supported 42 unique organizations. The foundation primarily supports organizations in Maine, Connecticut, New York, which account for 65% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Gb Knecht Foundation reported 136 individual grants totaling $454,000 between 2021 and 2022 across its IRS Form 990-PF filings, with a median grant of $3,000. Half of those grants fell between $2,000 and $5,000. Its largest single grant in the record was $10,000. Its most recent available filing, for fiscal year 2023, reports $148,929 in total giving.
The largest share of grants went to organizations in ME (66 of 136), followed by CT (12) and VA (12). In total the foundation's grantees span 10 states. Of its 42 distinct grantees, 100 percent received funding more than once, so repeat relationships are the norm rather than the exception. Its largest institutional recipients were Visiting Nurses And Hospice ($40,000), Emmaus Homeless Center ($24,000) and Ubs Optimus Foundation Fund ($20,000).
Computed from 136 individual grant records (2021–2022) in this foundation's IRS Form 990-PF Part XV filings, reaching 10 states. Source: IRS 990-PF.
Distribution of contributions to deserving charitable organizations.
Expenses: $116K
Distribution of contributions to deserving charitable organizations. Based on available records, the foundation has funded 136 grants. Its grantmaking reaches organizations primarily in ME, CT, NY.
Gb Knecht Foundation has distributed a total of $454K across 136 grants. The median grant size is $3K, with an average of $3K. Individual grants have ranged from $1K to $10K.
The application deadline is NONE.. None.
Gb Knecht Foundation is headquartered in BLUE HILL, ME. While based in ME, the foundation distributes grants to organizations across 10 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Donna Madonna | TRUSTEE | $20K | $0 | $20K |
| Jean Madonna | TRUSTEE | $0 | $0 | N/A |
| Jim Fisher | TRUSTEE | $0 | $0 | N/A |
Total Giving
$149K
Total Assets
$2.3M
Fair Market Value
$2.3M
Net Worth
$2.3M
Grants Paid
$114K
Contributions
N/A
Net Investment Income
$25K
Distribution Amount
$111K
Total: $2.3M
Total Grants
136
Total Giving
$454K
Average Grant
$3K
Median Grant
$3K
Unique Recipients
42
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyGENERAL | Bangor, ME | $5K | 2022 |
| Tree Of LifeGENERAL | Blue Hill, ME | $2K | 2022 |
| Visiting Nurses And HospiceGENERAL | New Canaan, CT | $10K | 2022 |
| Emmaus Homeless CenterGENERAL | Ellsworth, ME | $6K | 2022 |
| Good Shepard Food BankGENERAL | Auburn, ME | $6K | 2022 |
| American Red CrossGENERAL | Boone, IA | $5K | 2022 |
| Fairfield County Community FoundtnGENERAL | Norwalk, CT | $5K | 2022 |
| Downeast Community PartnersEVERYBODY EATS & FRIENDSHIP COTTAGE | Ellsworth, ME | $5K | 2022 |
| World Food ProgrammeGENERAL | Boone, IA | $5K | 2022 |
| Unicef UsaGENERAL | New York, NY | $3K | 2022 |
| Catholic Charities UsaGENERAL | Alexandria, VA | $3K | 2022 |
| United Way WorldwideGENERAL | Alexandria, VA | $3K | 2022 |
| Catholic Charities MaineGENERAL | Portland, ME | $3K | 2022 |
| Habitat For HumanityGENERAL | Americus, GA | $3K | 2022 |
| Welcoming Immigrant NeighborsGENERAL | Bangor, ME | $3K | 2022 |
| Doctors Without BordersGENERAL | New York, NY | $3K | 2022 |
| Partners In HealthGENERAL | Frederick, MD | $3K | 2022 |
| Resources For The FutureHONOR OF JLF CARLIN ANDERSON | Washington, DC | $3K | 2022 |
| Blue Hill Public LibraryGENERAL | Blue Hill, ME | $3K | 2022 |
| Maryknoll Lay MissionersGENERAL | Maryknoll, NY | $3K | 2022 |
| Save The Children UsaGENERAL | Fairfield, CT | $3K | 2022 |
| Literacy Volunteers Of BangorGENERAL | Bangor, ME | $3K | 2022 |
| WeruGENERAL | East Orland, ME | $2K | 2022 |
| World Central KitchenGENERAL | Washington, DC | $2K | 2022 |
| Maine PublicGENERAL | Lewiston, ME | $2K | 2022 |
| Jonathan Fisher House MemorialGENERAL | Blue Hill, ME | $2K | 2022 |
| Mercy CorpsGENERAL | Boone, IA | $2K | 2022 |
| The Carter CenterGENERAL | Atlanta, GA | $2K | 2022 |
| Healthy PeninsulaGENERAL | Blue Hill, ME | $2K | 2022 |