Bright Trust FBO Knox College

Private foundation · Grantmaker New York, NY EIN: 35-7059216

Bright Trust FBO Knox College is a private foundation, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14.4M in total assets. In 2024, it awarded 1 grant totaling $683K. Net investment income was $816K.

Key facts about Bright Trust FBO Knox College

In short: Bright Trust FBO Knox College gave $683K across 1 grant in 2024 (avg $683K), mostly in Illinois. Source: 2024 IRS Form 990-PF.

EIN
35-7059216
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$682,627
Grants made (2024)
1
Average grant
$682,627
Median grant
$682,627
Total assets
$14,410,823
Primary geography
Illinois (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$14.4M

+1.2% YoY

Annual Giving

$683K

-14.7% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$683K

-14.7% YoY

Under IRS private-foundation payout rules, Bright Trust FBO Knox College reported a distributable amount of $815K for 2024 — the minimum it must pay out in qualifying distributions.

How Bright Trust FBO Knox College gives

  • Giving held roughly steady from 2021 to 2024 (−6%). Method
  • In 2024 it paid out 88% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Your AI grants department

Ready to take the next step with Bright Trust FBO Knox College?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

Galesburg

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $651K (2020) to $831K (2022). In 2024 it made 1 grant totaling $683K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Knox College: $683KKnox College$683K

The largest 2024 recipient was Knox College ($683K).

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K5$500K–1M$1–5M$5M+

The most common grant size was in the $500K–1M range: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Knox College Galesburg, ILGeneral Operating$682,627

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$14,410,823$14,243,626$14,433,357
Revenue$1,127,863$809,337$98,434
Expenses$939,950$1,013,717$1,086,184
Qualifying Distributions$719,756$835,789$867,330
Net Investment Income$815,649$617,439$143,685
Distributable Amount$815,194$748,862$786,470

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Bright Trust FBO Knox College's only listed officer is Citibank N A, Trustee & As Req'd on every filing since 2020 (compensated).

Officers on the 2024 filing

  • Citibank N A

    Trustee & As Req'd

    On filings since 2020

    $67K (2020) → $71K (2024)

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Citibank N a — Trustee, as Req'd: $71KCitibank N aTrustee, as Req'd$71K

The highest reported compensation on the 2024 filing was $71K, to Citibank N a (Trustee, as Req'd).

Frequently asked questions about Bright Trust FBO Knox College

How much does Bright Trust FBO Knox College give each year?

Bright Trust FBO Knox College gave $683K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $801K across 1 grant.

How large is Bright Trust FBO Knox College?

Bright Trust FBO Knox College reported $14.4M in total assets on its 2024 IRS Form 990-PF. It paid out $720K in qualifying distributions that year, against a required minimum of $815K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Bright Trust FBO Knox College operate?

Bright Trust FBO Knox College has awarded grants in Illinois.

What is Bright Trust FBO Knox College's EIN?

Bright Trust FBO Knox College's EIN (Employer Identification Number) is 35-7059216. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Your AI grants department

Here's the math on researching Bright Trust FBO Knox College by hand.

Explore Open Grants

Browse active grant opportunities in Bright Trust FBO Knox College's focus areas in our free grants database

Similar Funders

Funders with grantees in common

Enterprise Holdings Foundation

Saint Louis, MO

The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.

Assets

$594.3M

Grants

1

Total Given

$101.4M

Sudbury Charitable Trust

Chicago, IL

To support the organizations listed in schedule a part I

Philanthropy, Voluntarism & Grantmaking

Assets

$4.6M

Grants

2

Total Given

$247K

Disomma Family Foundation

Oak Park, IL

Assets

$78.1M

Grants

3

Total Given

$296K

Grip Outreach for Youth

Chicago, IL

To invest in the lives of chicago's youth through christ-centered, life-on-life relationships. We have a vision for thousands upon thousands of kids to grow into solid christian adults who will positively impact and contribute to society, their communities, their churches, and their families.

Assets

$1.6M

Grants

4

Total Given

$11K

Kathryn a Knappenberger Charitable Remainder

East Peoria, IL

Assets

$1.5M

Grants

4

Total Given

$196K

Frank Liu Jr Foundation

Houston, TX

Provide support for 501(c)(3) organizations

Philanthropy, Voluntarism & Grantmaking

Assets

$25.3M

Grants

6

Total Given

$1.2M

Bushnell Arts Foundation

Bushnell, IL

Education

Assets

$284K

Grants

7

Total Given

$8K

Michael F Tweedle and Christine

Cincinnati, OH

The Cincinnati-based foundation supports a varied mix of higher education, public policy, historic preservation and education, cancer research, and philosophy organizations, with most 2025 grant dollars going to Ohio and others to recipients in several states and Washington, DC. Its 10 grants ranged from $20 to $200,000, with a median of $20,000. It funds only preselected organizations and does not accept unsolicited requests.

Assets

$7.1M

Grants

10

Total Given

$350K

Dayton Foundation Charitable Accounts Inc

Dayton, OH

Dayton Foundation Charitable Accounts supported charitable organizations through grants across several states, with 2023 awards ranging from $5,400 to $12,000 and a median of $8,000. Most 2023 grant dollars went to Ohio, but recipients also included organizations in Florida, Indiana, Washington, D.C., and Connecticut. Its filing is marked as a final return, and the available information does not state whether it accepts unsolicited requests.

Assets

—

Grants

10

Total Given

$87K

Foster and Maralee Overcash Scholarship Trust

Canton, IL

The trust funds scholarships for Canton High School graduates attending four-year colleges, with recent awards ranging from $3,000 to $12,000 and a median of $3,000. It is based in Canton, Illinois, and most recent grant dollars went to recipients in Illinois; eligible students apply through MidAmerica National Bank Wealth Management by April 1.

Assets

$601K

Grants

13

Total Given

$54K

The Jaharis Family Foundation

New York, NY

The Jaharis Family Foundation funds education, general-purpose support, and hunger relief, with 2025 grants ranging from $2,000 to $1.7 million and a median of $10,000. Its 2025 giving went mainly to organizations in New York, Massachusetts, and Illinois. The foundation says it does not restrict giving to preselected organizations, but application procedures are not listed.

Philanthropy, Voluntarism & Grantmaking

Assets

$105.1M

Grants

27

Total Given

$4.4M

Schuler Education Foundation

Lake Bluff, IL

The Schuler Education Foundation supports college access and success for high-achieving students who are often first-generation, students of color, or from low-income families, with reported grants going to Illinois recipients. In 2025, it made 29 grants of $300 to $11,200, with a median of $2,500; it accepts contributions requests only from preselected charitable organizations and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$259K

Grants

29

Total Given

$83K

More Funders in New York

The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Bright Trust FBO Knox College's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

Bright Trust FBO Knox College down — hundreds of funders to go?

Want AI to do this for you?