Morrison Knudsen Foundation Inc
Morrison Knudsen Foundation Inc is a private foundation based in Boise, Idaho, established in 1947. The foundation operates as a 501(c)(3) charitable organization with tax-exempt status since March 1992. Located in downtown Boise's historic Zurcher Building, the foundation has maintained its reputation as a valuable community resource in the Treasure Valley region for over 75 years.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.7M
+5.2% YoY
Annual Giving
$566K
+7.4% YoY
Grant Count
13
-31.6% YoY
Avg Grant Size
$44K
+57.0% YoY
Under IRS private-foundation payout rules, Morrison Knudsen Foundation Inc reported a distributable amount of $564K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's mission is to provide one-time assistance for basic necessities to individuals demonstrating appropriate need in Boise/Treasure Valley, as well as to provide a limited number of small grants to 501(c)(3)-qualified organizations.
The foundation operates two distinct giving programs:
Individual Assistance: Direct grants to needy individuals for basic necessities including rent, utilities, auto expenses, and medical expenses. The foundation approves over 250 individual applications annually. Over the past five years, the foundation has provided more than $1 million directly to assist needy individuals.
Organizational Grants: Small grants to charitable, non-profit organizations that meet specific criteria, including demonstrated program capability, sound fiscal policies, responsible financial management, and a competent Board of Directors.
Grantmaking
Grant Range
of $1,000 and a range from $100 to $518,000.
Ready to take the next step with Morrison Knudsen Foundation Inc?
Geographic Focus
Where this funder awards grants
The foundation primarily serves the Boise/Treasure Valley region of Idaho, where it originated. Grant-making also extends to organizations in Idaho, Virginia, and Pennsylvania, with these three states accounting for 96% of all grants.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets and Revenue (2024):
- Total Assets: $10,732,788
- Total Revenue: $1,257,161
- Total Expenses: $729,774
- Total Giving: $565,626
Assets and Revenue (2023):
- Total Assets: $10.2 million
- Total Revenue: $726,000
- Total Expenses: $690,000
Historical Growth: Total assets have grown from $7 million in 2011 to $10.2 million in 2023.
Liabilities: The foundation reported zero liabilities as of 2023.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,732,788 | $10,205,151 | $10,168,179 |
| Revenue | $1,257,161 | $725,950 | $1,007,665 |
| Expenses | $729,774 | $690,092 | $674,312 |
| Qualifying Distributions | $701,180 | $657,205 | $594,378 |
| Net Investment Income | $1,235,840 | $704,479 | $981,314 |
| Distributable Amount | $563,696 | $524,225 | $540,684 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
60 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Assistance to Needy Individuals ($517,676), Harry W Morrison Foundation Inc ($30,000), Society of Saint Vincent de Paul Southwest Idaho District ($5,500).
| Recipient | Purpose | Amount |
|---|---|---|
| Assistance to Needy Individuals Boise, ID | Assistance to 247 needy individuals for living expenses such as rent, utilities, auto and medical expenses. Largest payment was $4,810.30 with an average payment of $2,095.86. | $517,676 |
| Boise Public Schools Education Foundation Inc Boise, ID | General Support. | $1,000 |
| Foundation for Idaho History Boise, ID | Old Pen Reimagine. | $1,000 |
| Friends of the Morrison Knudsen Nature Center Inc Boise, ID | General Support. | $400 |
| Harry W Morrison Foundation Inc Boise, ID | Ann Morrison Park Clocktower Project. | $30,000 |
| Idaho Bluegrass Association Inc Boise, ID | General Support. | $100 |
| Idaho Community Foundation Inc Boise, ID | General Support. | $250 |
| Rocky Canyon Sail Toads Inc Co Boise, ID | General Support. | $3,000 |
| Sage International School of Boise Boise, ID | General Support. | $1,000 |
| Salvation Army National Corp Alexandria, VA | Support for Boise Idaho Corps. | $5,250 |
Leadership & Key People
Leadership team and compensation from IRS filings
Board and Staff:
- Marlene Puckett: Secretary, Executive Director & Director (40 hours/week, $110,000 annual compensation)
- Mary Ann Arnold: Director
- Frank Finlayson: Director
- James McCallum: Director
- Robert Hartley: Director
- Karen L Ogden: Treasurer & Director
- Matthew Reece: Director
- Tony Sandor: Director
The foundation is governed by a board of 13 officers and trustees.
Contact Information:
- Phone: (208) 424-7622
- Fax: (208) 424-7627
- Email: info@mk-foundation.org
- Address: 102 S. 17th St., Suite 200, Boise, Idaho 83702
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Mary Ann Arnold | Director | 1 | — |
| Frank Finlayson | Director | 1 | — |
| James McCallum | Director | 1 | — |
| Marlene Puckett | Secretary, Exec. Director & Director | 40 | $110,000 |
| Robert Hartley | Director | 1 | — |
| Karen L Ogden | Treasurer & Director | 3 | — |
| Matthew Reece | Director | 1 | — |
| Tony Sandor | Director | 1 | — |
| Russel Strong | Director | 1 | — |
| Doug Teater | Director | 1 | — |
| Anne Veigel | Director | 1 | — |
| James Wagner | President & Director | 1 | — |
| Dawn Yantek | Director | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation continues to actively support community initiatives in the Boise area. Recent examples of assistance include funding for service dogs to help individuals with disabilities, medication and housing support for families in crisis, communication devices for individuals with cerebral palsy, mobility equipment for disabled individuals, and end-of-life comfort care for terminally ill patients.
The foundation maintains an active website and regularly updates information about its programs and community involvement. It welcomes inquiries from potential applicants and community partners seeking to understand how the foundation can assist with their needs.
Em Kayan Magazine Index | Morrison Knudsen Foundation, Inc.Frequently Asked Questions
What does Morrison Knudsen Foundation Inc fund?
The foundation's mission is to provide one-time assistance for basic necessities to individuals demonstrating appropriate need in Boise/Treasure Valley, as well as to provide a limited number of small grants to 501(c)(3)-qualified organizations. The foundation operates two distinct giving programs: **Individual Assistance:** Direct grants to needy individuals for basic necessities including rent, utilities, auto expenses, and medical expenses. The foundation approves over 250 individual applica…
How do I apply for a grant from Morrison Knudsen Foundation Inc?
**Grant Activity:** The foundation made 13 grants in its most recent fiscal year, with a median grant size of $1,000 and a range from $100 to $518,000. **Individual Assistance:** In recent years, the foundation has assisted approximately 247 needy individuals, with the largest individual payment at $4,810.30 and an average payment of $2,095.86. **Recent Grants to Organizations:** Recent organizational grants include $30,000 to Harry W Morrison Foundation for the Ann Morrison Park Clocktower Pro…
Where does Morrison Knudsen Foundation Inc make grants?
The foundation primarily serves the Boise/Treasure Valley region of Idaho, where it originated. Grant-making also extends to organizations in Idaho, Virginia, and Pennsylvania, with these three states accounting for 96% of all grants.
What size grants does Morrison Knudsen Foundation Inc award?
In 2024, Morrison Knudsen Foundation Inc awarded 13 grants totaling $566K — an average of about $44K per grant, based on its IRS Form 990 filings.
How much is Morrison Knudsen Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Morrison Knudsen Foundation Inc reported a distributable amount of $564K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Morrison Knudsen Foundation Inc's EIN?
Morrison Knudsen Foundation Inc's EIN (Employer Identification Number) is 82-6005410. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Morrison Knudsen Foundation Inc's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Malad City Community Foundation Inc
MALAD CITY, ID
Assets
—
Grants
0
Total Given
—
Nampa Pride Fast Pitch Organization
NAMPA, ID
Assets
$12K
Grants
0
Total Given
—
Chrysopolae Foundation
BELLEVUE, ID
Assets
$13.8M
Grants
36
Total Given
$574K
Spur Community Foundation Inc
KETCHUM, ID
Assets
$15.9M
Grants
75
Total Given
$3.7M
Power Foundation Inc
MERIDIAN, ID
Assets
$4.9M
Grants
56
Total Given
$422K
The Meyers Foundation
BOISE, ID
Assets
$1.9M
Grants
33
Total Given
$134K
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Morrison Knudsen Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Morrison Knudsen Foundation Inc to a real strategy.