Knapp Educational Fund Inc

ST MICHAELS, MD EIN: 13-2970128

Knapp Educational Fund Inc is a private foundation focused on Education, based in ST MICHAELS, MD. IRS filing data is available from 2020 through 2023. In 2023, it awarded 13 grants totaling $145K. Net investment income was $29K.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$145K

+57.1% YoY

Grant Count

13

+18.2% YoY

Avg Grant Size

$11K

+33.0% YoY

Under IRS private-foundation payout rules, Knapp Educational Fund Inc reported a distributable amount of $251K for 2023 — the minimum it must pay out in qualifying distributions.

About Knapp Educational Fund Inc

Based on IRS filings

Knapp Educational Fund Inc is a private foundation focused on Education, based in ST MICHAELS, MD. IRS filing data is available from 2020 through 2023. In 2023, it awarded 13 grants totaling $145K. Net investment income was $29K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

BarcoCambridgeCentrevilleChestertownCrisfieldDentonEastonFederalsburgHurlockPrincess AnneRidgelySt MichaelsStevensville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$92K$183K$275K$367K2020202120222023
Metric202320222021
Total Assets$3,794,410$4,055,241
Revenue$100,330$17,224$333,629
Expenses$317,369$279,755$251,636
Qualifying Distributions$245,562$185,583$174,668
Net Investment Income$28,925$260,279
Distributable Amount$250,913$233,397$227,996

Giving Over Time

Total grant dollars and number of grants per year

$0$47K$95K$142K$190K12 grants202011 grants202111 grants202213 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2023

The County Commissioners…$20KCurrituck County High Sc…$19KEaston High School$16KNorth Caroline High School$14KSt Michaels High School$14KNorth Dorchester High Sc…$12KKent Island High School$11KQueen Anne County High S…$11KSouth Dorchester High Sc…$9KColonel Richardson High …$9K

Grant Size Distribution

47 grants across all recorded years

47<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include The County Commissioners for Kent C ($20,000), Currituck County High School ($18,500), Easton High School ($15,750).

RecipientPurposeAmount
South Dorchester High School Cambridge, MDStudent scholarship program$9,250
Currituck County High School Barco, NCStudent scholarship program$18,500
Easton High School Easton, MDStudent scholarship program$15,750
Kent Island High School Stevensville, MDStudent scholarship program$11,000
North Dorchester High School Hurlock, MDStudent scholarship program$11,750
Queen Anne County High School Centreville, MDStudent scholarship program$11,000
St Michaels High School St Michaels, MDStudent scholarship program$13,500
Colonel Richardson High School Federalsburg, MDStudent scholarship program$9,250
Crisfield High School Crisfield, MDStudent scholarship program$2,500
North Caroline High School Ridgely, MDStudent scholarship program$13,508

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

Steven F CapranicaVP/Treasurer$27KChristina CapranicaTrustee$1K

From 2023 filing

NameTitleHoursCompensation
Antoinette VojvodaSecretary2
Steven F CapranicaVP/Treasurer15$27,000
Ruth CapranicaPresident3
Christina CapranicaTrustee2$1,000

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Knapp Educational Fund Inc?

Knapp Educational Fund Inc is a private foundation focused on Education, based in ST MICHAELS, MD. It holds — in total assets as of 2023.

Where does Knapp Educational Fund Inc operate?

Knapp Educational Fund Inc has awarded grants in Maryland, North Carolina.

What size grants does Knapp Educational Fund Inc award?

In 2023, Knapp Educational Fund Inc awarded 13 grants totaling $145K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is Knapp Educational Fund Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, Knapp Educational Fund Inc reported a distributable amount of $251K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Knapp Educational Fund Inc's EIN?

Knapp Educational Fund Inc's EIN (Employer Identification Number) is 13-2970128. IRS Form 990 filing data is available on this page for 2020–2023.

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

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