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Knott Trust is a private trust based in PITTSBURGH, PA. The foundation received its IRS ruling in 2016. The principal officer is Pnc Bank Na. It holds total assets of $5.2M. Annual income is reported at $5.3M. Total assets have grown from $2.3M in 2008 to $4.5M in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of religion. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Knott Trust has made 10 grants totaling $1.2M, with a median grant of $120K. The foundation has distributed between $226K and $537K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $537K distributed across 4 grants. Individual grants have ranged from $113K to $134K, with an average award of $123K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Maryland. Contributions to this foundation are tax-deductible.
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.
Knott Trust primarily funds organizations in the area of religion. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in MD.
Knott Trust has distributed a total of $1.2M across 10 grants. The median grant size is $120K, with an average of $123K. Individual grants have ranged from $113K to $134K.
Knott Trust typically selects its grantees rather than accepting unsolicited proposals.
Knott Trust is headquartered in PITTSBURGH, PA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Pnc Bank Na | TRUSTEE | $13K | $0 | $13K |
Total Giving
$258K
Total Assets
$4.5M
Fair Market Value
$5M
Net Worth
$4.5M
Grants Paid
$241K
Contributions
N/A
Net Investment Income
$151K
Distribution Amount
$245K
Total: $852K
Total Grants
10
Total Giving
$1.2M
Average Grant
$123K
Median Grant
$120K
Unique Recipients
2
Most Common Grant
$134K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Notre Dame Of Maryland UnivGENERAL SUPPORT | Baltimore, MD | $126K | 2023 |
| Archdiocese Of BaltimoreGENERAL SUPPORT | Baltimore, MD | $115K | 2023 |