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Sumner T Mcknight Foundation is a private corporation based in BALTIMORE, MD. The foundation received its IRS ruling in 1958. The principal officer is Brown Advisory & Trust Co. It holds total assets of $1.5M. Annual income is reported at $383K. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. Funding is distributed across 5 states, including Maryland, Pennsylvania, Colorado. According to available records, Sumner T Mcknight Foundation has made 35 grants totaling $466K, with a median grant of $18K. Annual giving has decreased from $103K in 2020 to $82K in 2023. Grantmaking activity was highest in 2022 with $175K distributed across 10 grants. Individual grants have ranged from $1K to $25K, with an average award of $13K. The foundation has supported 15 unique organizations. The foundation primarily supports organizations in Maryland, Pennsylvania, Colorado, which account for 89% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$10K
Largest Grant
$25K
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.
Sumner T Mcknight Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 35 grants. Its grantmaking reaches organizations primarily in MD, PA, CO.
Sumner T Mcknight Foundation has distributed a total of $466K across 35 grants. The median grant size is $18K, with an average of $13K. Individual grants have ranged from $1K to $25K.
Sumner T Mcknight Foundation typically selects its grantees rather than accepting unsolicited proposals.
Sumner T Mcknight Foundation is headquartered in BALTIMORE, MD. While based in MD, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Anne H Bartlett | DIRECTOR | $0 | $0 | N/A |
| H Turney Mcknight | PRESIDENT | $0 | $0 | N/A |
| Sumner T Mcknight | VICE PRESIDENT | $0 | $0 | N/A |
Total Giving
$93K
Total Assets
$1.5M
Fair Market Value
$2M
Net Worth
$1.5M
Grants Paid
$82K
Contributions
N/A
Net Investment Income
$120K
Distribution Amount
$87K
Total: $1.4M
Total Grants
35
Total Giving
$466K
Average Grant
$13K
Median Grant
$18K
Unique Recipients
15
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Gettysburg FoundationGENERAL | Gettysburg, PA | $25K | 2023 |
| Harford Land Trust IncGENERAL | Churchville, MD | $20K | 2023 |
| Upstream AllianceGENERAL | Annapolis, MD | $20K | 2023 |
| Bay Journal MediaGENERAL | Seven Valleys, PA | $15K | 2023 |
| Garrison Forest SchoolGENERAL | Owings Mills, MD | $2K | 2023 |
| Maryland Horse FoundationGENERAL | Reisterstown, MD | $5K | 2022 |
| Chesapeake ConservancyGENERAL | Annapolis, MD | $25K | 2021 |
| Ladew Topiary GardensGENERAL | Monkton, MD | $10K | 2021 |
| Colorado 500 Charity FundGENERAL | Basalt, CO | $5K | 2021 |
| National Riding Stables Horse RescueGENERAL | Gettysburg, PA | $2K | 2021 |
| Culpeper Rotary ClubGENERAL | Culpeper, VA | $2K | 2021 |
| American Heart AssociationGENERAL | Dallas, TX | $1K | 2021 |
| Fair Hill FoundationGENERAL | Elkton, MD | $25K | 2020 |
| Baltimore Tree TrustPROGRAM SUPPORT | Baltimore, MD | $5K | 2020 |
| Shriners Hospitals For ChildrenPROGRAM SUPPORT | Dr Tampa, FL | $1K | 2020 |