Knight Charitable Trust

Private foundation · Grantmaker Cleveland, OH EIN: 43-6907987

Knight Charitable Trust is a private foundation, based in Cleveland, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10.6M in total assets. In 2024, it awarded 3 grants totaling $533K. Net investment income was $1.6M.

Knight Charitable Trust at a glance

In short: Knight Charitable Trust gave $533K across 3 grants in 2024 (avg $178K), mostly in Oklahoma. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$532,648
-2.7% vs 2023
Grants made (2024)
3
+0.0% vs 2023
Average grant
$177,549
-2.7% vs 2023
Median grant
$133,162
Total assets
$10,558,310
+11.3% vs 2023
Primary geography
Oklahoma (50% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

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

Who Knight Charitable Trust funds

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Bacone College: $266KBacone College$266KFirst Baptist Church: $133KFirst Baptist Church$133KJudson Retirement Community: $133KJudson Retirement Community$133K

The largest 2024 recipient was Bacone College ($266K). Together the top 3 received $533K.

Grant Size Distribution

15 grants across all recorded years

<$50K$50–100K12$100–250K3$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 12 grants of 15 (80%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2024 grant dollars across all 3 itemized grants.

States

Cities

ClevelandMuskogeeShaker Heights

How Knight Charitable Trust gives

  • Giving held roughly steady from 2021 to 2024 (+9%). Method
  • In 2024 it paid out 108% of its IRS minimum distribution (the 5% rule). Method

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

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K3 grants2020 3 grants2021 3 grants2022 3 grants2023 3 grants2024

From 2020 to 2024, annual grant giving ranged from $488K (2021) to $590K (2022). In 2024 it made 3 grants totaling $533K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Bacone College Muskogee, OKGeneral$266,324
First Baptist Church Shaker Heights, OHGeneral$133,162
Judson Retirement Community Cleveland, OHGeneral$133,162
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$10,558,310$1,805,318$733,205$532,6483$560,536$1,634,927$516,998
2023$9,485,214$393,605$726,595$547,3763$567,889$234,899$508,878
2022$9,785,299$233,234$826,782$590,0033$643,568$39,340$531,914
2021$9,778,192$1,216,670$688,042$488,4843$488,484$1,015,827$567,033
2020$8,767,027$640,461$648,941$491,8633—$478,052$474,511

Under IRS private-foundation payout rules, Knight Charitable Trust reported a distributable amount of $517K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Knight Charitable Trust is led by Mark F. Swary, Trustee since 2022 (on filings since 2020) — the only officer listed, and compensated.

Officers on the 2024 filing

  • Mark F. Swary

    Trustee

    Successor Trustee → Trustee, 2022

    On filings since 2020

    2 hrs/week

    $57K (2022) → $56K (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

Mark F Swary — Trustee: $56KMark F SwaryTrustee$56K

The highest reported compensation on the 2024 filing was $56K, to Mark F Swary (Trustee).

Frequently asked questions about Knight Charitable Trust

How much does Knight Charitable Trust give each year?

Knight Charitable Trust gave $533K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $547K across 3 grants.

What is Knight Charitable Trust's typical grant size?

Knight Charitable Trust's median grant in 2024 was $133,162, and its average grant was $177,549, across 3 grants on its 2024 IRS Form 990-PF.

Where does Knight Charitable Trust give grants?

Knight Charitable Trust gives mostly in Oklahoma: 50% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Ohio (50%).

Does Knight Charitable Trust give general operating support?

Yes: 100% of Knight Charitable Trust's 2024 grants with a stated purpose (3 of 3) were for general or operating support, per its 2024 IRS Form 990-PF.

How large is Knight Charitable Trust?

Knight Charitable Trust reported $10.6M in total assets on its 2024 IRS Form 990-PF. It paid out $561K in qualifying distributions that year, against a required minimum of $517K (roughly 5% of its investment assets).

What is Knight Charitable Trust's EIN?

Knight Charitable Trust's EIN (Employer Identification Number) is 43-6907987. IRS Form 990 filing data is available on this page for 2020–2024.

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

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 9, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 8, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 13, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 14, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Live grants for the work Knight Charitable Trust funds

Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.

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

Figures come from Knight Charitable Trust'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.

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