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Knight Family Foundation is a private corporation based in PO BOX CHICA, IL. The foundation received its IRS ruling in 1999. The principal officer is The Northern Trust Co 23-25853. It holds total assets of $9.2M. Annual income is reported at $1.6M. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. The foundation primarily funds organizations in Illinois, Michigan and California. According to available records, Knight Family Foundation has made 35 grants totaling $2.9M, with a median grant of $50K. Annual giving has decreased from $2M in 2023 to $855K in 2024. Individual grants have ranged from $10K to $265K, with an average award of $83K. The foundation has supported 14 unique organizations. The foundation primarily supports organizations in Illinois, Michigan, New York, which account for 80% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$15K
Median Grant
$75K
Average Grant
$78K
Largest Grant
$185K
Based on 10 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Knight Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 35 grants. Its grantmaking reaches organizations primarily in IL, MI, NY.
Knight Family Foundation has distributed a total of $2.9M across 35 grants. The median grant size is $50K, with an average of $83K. Individual grants have ranged from $10K to $265K.
Knight Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Knight Family Foundation is headquartered in PO BOX CHICA, IL. While based in IL, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robert Knight Iii | TREASURER / DIRECTOR | $0 | $0 | N/A |
| Mary K Knight | SECRETARY / DIRECTOR | $0 | $0 | N/A |
| Andrew M Knight | PRESIDENT / DIRECTOR | $0 | $0 | N/A |
| Robert T Gratzer | VP / DIRECTOR | $0 | $0 | N/A |
Total Giving
$962K
Total Assets
$9M
Fair Market Value
$23.5M
Net Worth
$9M
Grants Paid
$855K
Contributions
N/A
Net Investment Income
$778K
Distribution Amount
$1M
Total: $8.6M
Total Grants
35
Total Giving
$2.9M
Average Grant
$83K
Median Grant
$50K
Unique Recipients
14
Most Common Grant
$100K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Knox CollegeGENERAL | Galesburg, IL | $35K | 2024 |
| El Dorado FoundationGENERAL | Placerville, CA | $20K | 2024 |
| Community HealthGENERAL | Chicago, IL | $25K | 2023 |
| Illinois Saint Andrew SocietyGENERAL | Riverside, IL | $250K | 2024 |
| Howard Brown HealthGENERAL | Chicago, IL | $140K | 2024 |
| Saugatuck Center For The ArtsGENERAL | Saugatuk, MI | $100K | 2024 |
| Northwestern MemorialGENERAL | Chicago, IL | $100K | 2024 |
| North Shore Country Day SchoolGENERAL | Winnetka, IL | $60K | 2024 |
| United Way Of Metropolitan ChicagoGENERAL | Chicago, IL | $50K | 2024 |
| Unicef UsaGENERAL | New York, NY | $50K | 2024 |
| Community Health ChicagoGENERAL | Chicago, IL | $25K | 2024 |
| Erika'S LighthouseGENERAL | Winnetka, IL | $25K | 2024 |
| American Red CrossGENERAL | Boone, IA | $15K | 2023 |
| Doctors Without BordersGENERAL | Hagerstown, MD | $10K | 2023 |