McKnight Foundation Inc

Private foundation · Grantmaker Far Hills, NJ EIN: 22-3696496

McKnight Foundation Inc is a private foundation, based in Far Hills, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $46K in total assets. In 2025, it awarded 4 grants totaling $19K. Net investment income was $2K.

McKnight Foundation Inc at a glance

In short: McKnight Foundation Inc gave $19K across 4 grants in 2025 (avg $5K), mostly in New Jersey. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$19,100
+10.6% vs 2024
Grants made (2025)
4
+33.3% vs 2024
Average grant
$4,775
-17.1% vs 2024
Median grant
$2,000
Total assets
$45,610
-29.0% vs 2024
Primary geography
New Jersey (84% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who McKnight Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

St John on the Mountain: $15KSt John on the Mountain$15KSt Jude: $3KSt Jude$3KMorristown Medical Center: $1KMorristown Medical Center$1KThe Church of Our Savior: $100The Church of Our Savior$100

The largest 2025 recipient was St John on the Mountain ($15K). Together the top 4 received $19K.

Grant Size Distribution

18 grants across all recorded years

18<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 18 grants of 18 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of 2025 grant dollars across all 4 itemized grants.

Cities

BernardsvilleNew YorkMorristownBridgewaterDenvilleEden PrairieIrvingPeapackWashington

How McKnight Foundation Inc gives

  • Giving fell 41% from 2022 to 2025. Method
  • In 2025 it paid out 304% 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$10K$20K$30K$40K4 grants2020 4 grants2021 5 grants2022 2 grants2023 3 grants2024 4 grants2025

From 2020 to 2025, annual grant giving ranged from $12K (2023) to $33K (2022). In 2025 it made 4 grants totaling $19K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
St John on the Mountain Bernardsville, NJCharitable$15,000
St Jude New York, NYCharitable$3,000
Morristown Medical Center Morristown, NJCharitable$1,000
The Church of Our Savior Denville, NJCharitable$100
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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
2025$45,610$2,699$21,300$19,1004$19,917$1,731$6,555
2024$64,211$30,004$18,068$17,2753$17,275$29,854$415
2023$52,275$47,234$12,987$12,3002$12,300$45,582$5,443
2022$18,028$14,592$35,017$32,5005$32,500$10,936$5,032
2021$38,453$56,013$16,538$15,3504$15,350$17,386$4,000
2020$29,525$22,435$27,438$26,0004—$6,350$3,156

Under IRS private-foundation payout rules, McKnight Foundation Inc reported a distributable amount of $7K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

McKnight Foundation Inc is led by William McKnight, President since 2025 (on filings since 2020) — the only officer listed, and uncompensated.

Officers on the 2025 filing

  • William McKnight

    President

    Trustee → President, 2025

    On filings since 2020

    No compensation reported

Former officers (3)
  • Former: Allison McKnight (2020–2024) — Trustee
  • Former: Jane Ann McKnight (2020–2024) — Trustee
  • Former: Scott Thomas McKnight (2020–2024) — Trustee

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about McKnight Foundation Inc

How much does McKnight Foundation Inc give each year?

McKnight Foundation Inc gave $19K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $17K across 3 grants.

What is McKnight Foundation Inc's typical grant size?

McKnight Foundation Inc's median grant in 2025 was $2,000, and its average grant was $4,775, across 4 grants on its 2025 IRS Form 990-PF.

Where does McKnight Foundation Inc give grants?

McKnight Foundation Inc gives mostly in New Jersey: 84% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was New York (16%).

Does McKnight Foundation Inc give general operating support?

Not in 2025: none of the 4 grants with a stated purpose on McKnight Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (4 grants).

How large is McKnight Foundation Inc?

McKnight Foundation Inc reported $46K in total assets on its 2025 IRS Form 990-PF. It paid out $20K in qualifying distributions that year, against a required minimum of $7K (roughly 5% of its investment assets).

What is McKnight Foundation Inc's EIN?

McKnight Foundation Inc's EIN (Employer Identification Number) is 22-3696496. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 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 3, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS March 10, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)

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

Figures come from McKnight Foundation Inc'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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