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Knight Foundation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn’t provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$202M (2022)

Expenses
$253M (2022)

Total Assets
$3.39B (2022)

Total Liabilities
$0 (2022)

Source: Form 990 tax filings from 2010 to 2022

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$202,421,977
Expenses
$252,585,656
Net Income
-$50,163,679
Net Assets
$3,385,598,902
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $93,164
0.0%
Dividends $0
Sales of Assets $106,438,973
52.6%
Other Income $95,889,840
47.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $212,502,400
84.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,385,598,902
Total Liabilities $0
Net Assets $3,385,598,902
Compensation
Key Employees and Officers Compensation Other
Philip H Knight (President/Treas) $0 $0
Penelope P Knight (Director/Vp) $0 $0
Lisa Mckillips (Asst Sec/Asst Treas) $0 $0
Travis A Knight (Vp/Sec/Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$405,031,955
Expenses
$202,443,977
Net Income
$202,587,978
Net Assets
$3,435,451,779
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1,303
0.0%
Dividends $0
Sales of Assets $313,745,123
77.5%
Other Income $91,285,529
22.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $157,502,400
77.8%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,435,451,779
Total Liabilities $0
Net Assets $3,435,451,779
Compensation
Key Employees and Officers Compensation Other
Philip H Knight (President/Treas) $0 $0
Penelope P Knight (Director/Vp) $0 $0
Lisa Mckillips (Asst Sec/Asst Treas) $0 $0
Travis A Knight (Vp/Sec/Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,963,443,063
Expenses
$108,143,367
Net Income
$1,855,299,696
Net Assets
$3,232,383,420
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $895,447,489
45.6%
Interest Revenue $8,577
0.0%
Dividends $0
Sales of Assets $997,790,100
50.8%
Other Income $70,196,897
3.6%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $81,002,400
74.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,232,383,420
Total Liabilities $0
Net Assets $3,232,383,420
Compensation
Key Employees and Officers Compensation Other
Philip H Knight (President/Treas) $0 $0
Penelope P Knight (Director/Vp) $0 $0
Lisa Mckillips (Asst Sec/Asst Treas) $0 $0
Travis A Knight (Vp/Sec/Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$887,142,889
Expenses
$87,236,354
Net Income
$799,906,535
Net Assets
$2,272,552,213
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $6,058,651
0.7%
Interest Revenue $333,205
0.0%
Dividends $2,319,512
0.3%
Sales of Assets $813,791,593
91.7%
Other Income $64,639,928
7.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $60,098,743
68.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,272,552,214
Total Liabilities $1
Net Assets $2,272,552,213
Compensation
Key Employees and Officers Compensation Other
Philip H Knight (Pres/Treas/Director) $0 $0
Penelope P Knight (Director/Vp) $0 $0
Lisa Mckillips (Asst Sec/Asst Treas) $0 $0
Travis A Knight (Vp/Sec/Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,820,705,791
Expenses
$52,654,789
Net Income
$2,768,051,002
Net Assets
$1,405,077,206
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $1,607,755,937
57.0%
Interest Revenue $173,831
0.0%
Dividends $2,767,120
0.1%
Sales of Assets $1,194,614,768
42.4%
Other Income $15,394,135
0.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $39,981,131
75.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,405,077,206
Total Liabilities $0
Net Assets $1,405,077,206
Compensation
Key Employees and Officers Compensation Other
Philip H Knight (Pres/Treas/Director) $0 $0
Penelope P Knight (Director/Vp) $0 $0
Lisa Mckillips (Asst Sec/Asst Treas) $0 $0
Travis A Knight (Vp/Sec/Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$126,512,560
Expenses
$2,362,012
Net Income
$124,150,548
Net Assets
$293,112,866
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $109,208,405
86.3%
Interest Revenue $1,115,531
0.9%
Dividends $5,875,027
4.6%
Sales of Assets $6,583,180
5.2%
Other Income $3,730,417
2.9%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $10,981
0.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $293,112,866
Total Liabilities $0
Net Assets $293,112,866
Compensation
Key Employees and Officers Compensation Other
Philip H Knight (Pres/Treas/Director) $0 $0
Penelope P Knight (Director/Vp) $0 $0
Lisa Mckillips (Asst Sec/Asst Treas) $0 $0
Travis A Knight (Vp/Sec/Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$66,950,788
Expenses
$28,548,320
Net Income
$38,402,468
Net Assets
$278,258,260
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $54,987,688
82.1%
Interest Revenue $1,190,660
1.8%
Dividends $4,976,563
7.4%
Sales of Assets $4,604,660
6.9%
Other Income $1,191,217
1.8%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $24,953,634
87.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $278,258,260
Total Liabilities $0
Net Assets $278,258,260
Compensation
Key Employees and Officers Compensation Other
Philip H Knight (Pres/Treas/Director) $0 $0
Penelope P Knight (Director/Vp) $0 $0
Lisa Mckillips (Asst Sec/Asst Treas) $0 $0
Travis A Knight (Vp/Sec/Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$125,201,500
Expenses
$7,579,884
Net Income
$117,621,616
Net Assets
$277,864,152
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $65,067,607
52.0%
Interest Revenue $827,498
0.7%
Dividends $3,851,243
3.1%
Sales of Assets $54,298,437
43.4%
Other Income $1,156,715
0.9%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $4,981,698
65.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $277,864,152
Total Liabilities $0
Net Assets $277,864,152
Compensation
Key Employees and Officers Compensation Other
Philip H Knight (Pres/Treas) $0 $0
Penelope P Knight (Directr/Vp) $0 $0
Lisa Mckillips (Ast Sec/Tr) $0 $0
Travis A Knight (Secretary) $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$165,806,346
Expenses
$7,447,923
Net Income
$158,358,423
Net Assets
$212,312,617
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $45,230,347
27.3%
Interest Revenue $109,562
0.1%
Dividends $3,172,471
1.9%
Sales of Assets $117,091,755
70.6%
Other Income $202,211
0.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $5,001,814
67.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $212,312,617
Total Liabilities $0
Net Assets $212,312,617
Compensation
Key Employees and Officers Compensation Other
Philip H Knight (Pres/Treas) $0 $0
Penelope P Knight (Directr/Vp) $0 $0
Lisa Mckillips (Ast Sec/Tr) $0 $0
Travis A Knight (Secretary) $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,119,660
Expenses
$5,302,670
Net Income
-$3,183,010
Net Assets
$122,652,368
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $18,763
0.9%
Dividends $1,919,845
90.6%
Sales of Assets $178,909
8.4%
Other Income $2,143
0.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $5,002,276
94.3%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $122,652,368
Total Liabilities $0
Net Assets $122,652,368
Compensation
Key Employees and Officers Compensation Other
Philip H Knight (Pres/Treas) $0 $0
Penelope P Knight (Directr/Vp) $0 $0
Lisa Mckillips (Ast Sec/Tr) $0 $0
Travis A Knight (Secretary) $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$77,260,691
Expenses
$5,574,105
Net Income
$71,686,586
Net Assets
$125,882,784
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $75,000,014
97.1%
Interest Revenue $48,847
0.1%
Dividends $1,381,247
1.8%
Sales of Assets $827,312
1.1%
Other Income $3,271
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $5,008,576
89.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $125,882,785
Total Liabilities $1
Net Assets $125,882,784

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$62,712,511
Expenses
$11,884,683
Net Income
$50,827,828
Net Assets
$50,661,098
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $46,239,758
73.7%
Interest Revenue $94,433
0.2%
Dividends $898,893
1.4%
Sales of Assets $15,458,900
24.7%
Other Income $20,527
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $11,365,916
95.6%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $50,661,099
Total Liabilities $1
Net Assets $50,661,098

Document Links

Fiscal Year Ending Dec.
2010

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,870,394
Expenses
$41,197,884
Net Income
-$39,327,490
Net Assets
$37,930,795
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $77,164
4.1%
Dividends $1,647,077
88.1%
Sales of Assets $153,346
8.2%
Other Income -$7,193
Notable Expenses Percent of Total Expenses
Charitable Disbursements $40,750,533
98.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $37,930,796
Total Liabilities $1
Net Assets $37,930,795

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

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Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

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Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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