The Gb Knecht Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BLUE HILL, ME. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 22 grants totaling $120K. Net investment income was $183K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.5M
+7.0% YoY
Annual Giving
$120K
+5.3% YoY
Grant Count
22
-26.7% YoY
Avg Grant Size
$5K
+43.5% YoY
Under IRS private-foundation payout rules, The Gb Knecht Foundation reported a distributable amount of $115K for 2024 — the minimum it must pay out in qualifying distributions.
About The Gb Knecht Foundation
Based on IRS filings
The Gb Knecht Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BLUE HILL, ME. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 22 grants totaling $120K. Net investment income was $183K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,503,999 | $2,339,466 | $2,162,822 |
| Revenue | $211,047 | $14,328 | $254,831 |
| Expenses | $157,617 | $148,929 | $161,037 |
| Qualifying Distributions | $120,000 | $119,600 | $136,800 |
| Net Investment Income | $183,177 | $25,252 | $230,594 |
| Distributable Amount | $114,831 | $111,493 | $112,449 |
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
120 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Catholic Charities Maine ($10,000), Downeast Community Partners ($10,000), Emmaus Homeless Center ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BLUE HILL PUBLIC LIBRARY BLUE HILL, ME | GENERAL FUND | $5,000 |
| CARE USA MERRIFIELD, VA | GENERAL FUND | $5,000 |
| THE CARTER CENTER ATLANTA, GA | GENERAL FUND | $5,000 |
| CATHOLIC CHARITIES MAINE PORTLAND, ME | GENERAL FUND | $10,000 |
| DOWNEAST COMMUNITY PARTNERS ELLSWORTH, ME | GENERAL FUND | $10,000 |
| EMMAUS HOMELESS CENTER ELLSWORTH, ME | GENERAL FUND | $10,000 |
| GOOD SHEPARD FOOD BANK AUBURN, ME | GENERAL FUND | $10,000 |
| HEALTHY PENINSULA BLUE HILL, ME | GENERAL FUND | $5,000 |
| HOSPICE VOLUNTEERS OF HANCOCK COUNTY ELLSWORTH, ME | GENERAL FUND | $5,000 |
| INTERNATIONAL RESCUE COMMITTEE ALBERT LEA, MN | GENERAL FUND | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JEAN MADONNA | TRUSTEE | 0.1 | — |
| DONNA MADONNA | TRUSTEE | 0.25 | — |
| JIM FISHER | TRUSTEE | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Gb Knecht Foundation?
The Gb Knecht Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BLUE HILL, ME. It holds $2.5M in total assets as of 2024.
How large is The Gb Knecht Foundation?
As of 2024, The Gb Knecht Foundation holds $2.5M in total assets with $211K in annual revenue. It awarded 22 grants totaling $120K in 2024.
Where does The Gb Knecht Foundation operate?
The Gb Knecht Foundation has awarded grants in Connecticut, District of Columbia, Florida, Georgia, Iowa, Maryland, Maine, Minnesota, New York, Pennsylvania, Virginia.
What size grants does The Gb Knecht Foundation award?
In 2024, The Gb Knecht Foundation awarded 22 grants totaling $120K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is The Gb Knecht Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Gb Knecht Foundation reported a distributable amount of $115K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Gb Knecht Foundation's EIN?
The Gb Knecht Foundation's EIN (Employer Identification Number) is 94-3473937. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in The Gb Knecht 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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