Knight Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BEAVERTON, OR. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.5B in total assets. In 2024, it awarded 9 grants totaling $226.5M. Net investment income was $303.3M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.5B
+5.8% YoY
Annual Giving
$226.5M
+18.4% YoY
Grant Count
9
-25.0% YoY
Avg Grant Size
$25.2M
+57.9% YoY
Under IRS private-foundation payout rules, Knight Foundation reported a distributable amount of $260.5M for 2024 — the minimum it must pay out in qualifying distributions.
About Knight Foundation
Based on IRS filings
Knight Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BEAVERTON, OR. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.5B in total assets. In 2024, it awarded 9 grants totaling $226.5M. Net investment income was $303.3M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,473,731,655 | $4,230,106,111 | $3,385,598,902 |
| Revenue | $520,024,706 | $1,730,391,596 | $202,421,977 |
| Expenses | $277,515,298 | $244,066,344 | $252,585,656 |
| Qualifying Distributions | $226,548,000 | $191,354,333 | $212,502,400 |
| Net Investment Income | $303,343,552 | $778,954,732 | $168,951,066 |
| Distributable Amount | $260,539,676 | $226,729,328 | $195,791,041 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
38 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Oregon Foundation ($182,000,000), Albina Head Start ($10,000,000), Sei Inc ($10,000,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALBINA HEAD START PORTLAND, OR | THIS GIFT HAS BEEN DESIGNATED FOR GENERAL OPERATING SUPPORT. | $10,000,000 |
| BLUE MERIDIAN PARTNERS NEW YORK, NY | THIS GIFT HAS BEEN DESIGNATED FOR GENERAL OPERATING SUPPORT. | $5,213,000 |
| FANCONI ANEMIA RESEARCH FUND EUGENE, OR | THIS GIFT HAS BEEN DESIGNATED FOR GENERAL OPERATING SUPPORT. | $1,000,000 |
| PROVIDENCE ST VINCENT MEDICAL FOUNDATION PORTLAND, OR | THIS GIFT HAS BEEN DESIGNATED TO THE CARDIOLOGY PROGRAM. | $7,500,000 |
| SEI INC PORTLAND, OR | THIS GIFT HAS BEEN DESIGNATED FOR GENERAL OPERATING SUPPORT. | $10,000,000 |
| THE BROOKINGS INSTITUTION WASHINGTON, DC | THIS GIFT HAS BEEN DESIGNATED FOR THE FOREIGN POLICY PROGRAM. | $2,000,000 |
| UNIVERSITY OF OREGON FOUNDATION EUGENE, OR | THIS GIFT HAS BEEN DESIGNATED FOR THE CAMPUS FOR ACCELERATING SCIENTIFIC IMPACT (THE "CASI PROGRAM") AS WELL AS GENERAL OPERATING AND PROGRAM SUPPORT. | $182,000,000 |
| 1803 FUND PORTLAND, OR | THIS GIFT HAS BEEN DESIGNATED FOR GENERAL OPERATING SUPPORT. | $8,500,000 |
| PORTLAOISE GAA CLUB | THIS GIFT HAS BEEN DESIGNATED FOR A CAPITAL IMPROVEMENT PROJECT. | $335,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PHILIP H KNIGHT | PRESIDENT/TREAS | 1 | — |
| PENELOPE P KNIGHT | DIRECTOR/VP | 1 | — |
| LISA MCKILLIPS | ASST SEC/ASST TREAS | 1 | — |
| TRAVIS A KNIGHT | VP/SEC/DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Knight Foundation?
Knight Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BEAVERTON, OR. It holds $4.5B in total assets as of 2024.
How large is Knight Foundation?
As of 2024, Knight Foundation holds $4.5B in total assets with $520.0M in annual revenue. It awarded 9 grants totaling $226.5M in 2024.
Where does Knight Foundation operate?
Knight Foundation has awarded grants in California, District of Columbia, Illinois, New Jersey, New York, Oregon.
What size grants does Knight Foundation award?
In 2024, Knight Foundation awarded 9 grants totaling $226.5M — an average of about $25.2M per grant, based on its IRS Form 990 filings.
How much is Knight Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Knight Foundation reported a distributable amount of $260.5M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Knight Foundation's EIN?
Knight Foundation's EIN (Employer Identification Number) is 91-1791788. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Knight Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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