The Knott Family Foundation Inc

DURHAM, NC EIN: 56-2003192

The Knott Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DURHAM, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 17 grants totaling $21K. Net investment income was $27K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

+3.3% YoY

Annual Giving

$21K

+302.2% YoY

Grant Count

17

+6.3% YoY

Avg Grant Size

$1K

+278.5% YoY

Under IRS private-foundation payout rules, The Knott Family Foundation Inc reported a distributable amount of $119K for 2024 — the minimum it must pay out in qualifying distributions.

About The Knott Family Foundation Inc

Based on IRS filings

The Knott Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DURHAM, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 17 grants totaling $21K. Net investment income was $27K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

11states
+3 more states

Cities

BethesdaCaryChapel HillCherryvilleChicagoColleyvilleDurhamFort MillHagerstownHarrisburgHigh PointHilton HeadIndioLexingtonLouisvilleNags HeadOklahoma CityPalm DesertPittsboroRaleigh

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$68K$136K$204K$273K20202021202220232024
Metric202420232022
Total Assets$1,052,721$1,019,225$968,230
Revenue$153,158$139,959$121,723
Expenses$29,018$10,413$11,912
Qualifying Distributions$21,300$5,401$6,143
Net Investment Income$26,523$25,317$36,087
Distributable Amount$118,806$91,136$85,705

Giving Over Time

Total grant dollars and number of grants per year

$0$61K$122K$183K$243K20 grants202020 grants202121 grants202216 grants202317 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ALLEGHANY MEMORIAL HOSPI…$10KAGING FORWARD OF DURHAM …$5KCOACHELLA VALLEY RESCUE$2KHIGH MEADOWS CHAPEL$1KDURHAM RESCUE MISSION$600GIVE HOPE$500HANLEY CENTER FOUNDATION$500TEMPLE BAPTIST CHURCH$500ALLEGHANY PARTNERSHIP FO…$400CROASDAILE GARDEN CLUB$200

Grant Size Distribution

94 grants across all recorded years

93<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Alleghany Memorial Hospital ($10,000), Aging Forward of Durham Inc ($5,000), Coachella Valley Rescue ($1,500).

RecipientPurposeAmount
AGING FORWARD OF DURHAM INC DURHAM, NCRELIGIOUS, MEDICAL OR EDUCATIONAL$5,000
ALLEGHANY MEMORIAL HOSPITAL SPARTA, NCRELIGIOUS, MEDICAL OR EDUCATIONAL$10,000
ALLEGHANY CO RESCUE SQUAD SPARTA, NCRELIGIOUS, MEDICAL OR EDUCATIONAL$100
ALLEGHANY PARTNERSHIP FOR CHILDREN SPARTA, NCRELIGIOUS, MEDICAL OR EDUCATIONAL$400
CAMP LUCK INC CHERRYVILLE, NCRELIGIOUS, MEDICAL OR EDUCATIONAL$100
CHAPEL HILL BREAST CANCER FOUNDATIO CHAPEL HILL, NCRELIGIOUS, MEDICAL OR EDUCATIONAL$100
COACHELLA VALLEY RESCUE INDIO, CARELIGIOUS, MEDICAL OR EDUCATIONAL$1,500
CORRAL RIDING CARY, NCRELIGIOUS, MEDICAL OR EDUCATIONAL$100
CROASDAILE GARDEN CLUB DURHAM, NCRELIGIOUS, MEDICAL OR EDUCATIONAL$200
SYSTIC FIBROSIS FUND BETHESDA, MDRELIGIOUS, MEDICAL OR EDUCATIONAL$100

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
BRUCE W KNOTTDIRECTOR0.25
JANET C KNOTTDIRECTOR0.25

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Knott Family Foundation Inc?

The Knott Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DURHAM, NC. It holds $1.1M in total assets as of 2024.

How large is The Knott Family Foundation Inc?

As of 2024, The Knott Family Foundation Inc holds $1.1M in total assets with $153K in annual revenue. It awarded 17 grants totaling $21K in 2024.

Where does The Knott Family Foundation Inc operate?

The Knott Family Foundation Inc has awarded grants in California, District of Columbia, Florida, Illinois, Kentucky, Maryland, North Carolina, Oklahoma, South Carolina, Texas, Virginia.

What size grants does The Knott Family Foundation Inc award?

In 2024, The Knott Family Foundation Inc awarded 17 grants totaling $21K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is The Knott Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Knott Family Foundation Inc reported a distributable amount of $119K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Knott Family Foundation Inc's EIN?

The Knott Family Foundation Inc's EIN (Employer Identification Number) is 56-2003192. IRS Form 990 filing data is available on this page for 2020–2024.

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Related Funders

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

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