Why Knot Now Foundation

AUSTIN, TX EIN: 84-3530205

Why Knot Now Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUSTIN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $896K in total assets. In 2024, it awarded 10 grants totaling $43K. Net investment income was $55K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$896K

+1.2% YoY

Annual Giving

$43K

-20.4% YoY

Grant Count

10

+25.0% YoY

Avg Grant Size

$4K

-36.3% YoY

Under IRS private-foundation payout rules, Why Knot Now Foundation reported a distributable amount of $45K for 2024 — the minimum it must pay out in qualifying distributions.

About Why Knot Now Foundation

Based on IRS filings

Why Knot Now Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUSTIN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $896K in total assets. In 2024, it awarded 10 grants totaling $43K. Net investment income was $55K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

AustinDripping SpringsGraylingNew YorkPark CitySalt Lake CityWashingtonWest Lake Hills

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$17K$34K$51K$68K20202021202220232024
Metric202420232022
Total Assets$896,068$885,228$937,114
Revenue$62,224$6,813$-11,645
Expenses$51,384$58,699$50,937
Qualifying Distributions$43,637$54,001$43,889
Net Investment Income$54,747$30,045
Distributable Amount$45,190$44,596$47,370

Giving Over Time

Total grant dollars and number of grants per year

$0$14K$27K$41K$54K8 grants20208 grants20218 grants20228 grants202310 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

SAINT LOUISE HOUSE$18KST JOHN NEUMANN CATHOLIC…$5KTEXAS CENTER FOR PERFORM…$5KTHE AMERICAN INDEPENDENT…$5KAUSTIN HUMANE SOCIETY$3KST MARY'S CATHOLIC CHURCH$3KPLANNED PARENTHOOD OF GR…$2KFLATWATER$1KUT HEALTH AUSTIN$1KBIKE FOR NY HOSPITAL$1K

Grant Size Distribution

42 grants across all recorded years

42<$50K$50–100K$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 Saint Louise House ($18,000), St John Neumann Catholic Church ($5,000), Texas Center for Performing Arts ($5,000).

RecipientPurposeAmount
AUSTIN HUMANE SOCIETY AUSTIN, TXDONATION$2,500
PLANNED PARENTHOOD OF GREATER TEXAS AUSTIN, TXDONATION$2,000
SAINT LOUISE HOUSE AUSTIN, TXDONATION$18,000
ST JOHN NEUMANN CATHOLIC CHURCH WEST LAKE HILLS, TXDONATION$5,000
TEXAS CENTER FOR PERFORMING ARTS AUSTIN, TXDONATION$5,000
ST MARY'S CATHOLIC CHURCH PARK CITY, UTDONATION$2,500
FLATWATER DRIPPING SPRINGS, TXDONATION$1,000
UT HEALTH AUSTIN AUSTIN, TXDONATION$1,000
THE AMERICAN INDEPENDENT FUND FOUNDATION WASHINGTON, DCDONATION$5,000
BIKE FOR NY HOSPITAL NEW YORK, NYDONATION$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
THOMAS E HOGANDIRECTOR
MARY ELLYN P HOGANDIRECTOR AND PRESIDENT1
DANA L HOGANDIRECTOR AND TREASURER
SAMANTHA M HOGANDIRECTOR AND SECRETARY
THOMAS R HOGANDIRECTOR AND VICE-PRESIDENT

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Why Knot Now Foundation?

Why Knot Now Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUSTIN, TX. It holds $896K in total assets as of 2024.

How large is Why Knot Now Foundation?

As of 2024, Why Knot Now Foundation holds $896K in total assets with $62K in annual revenue. It awarded 10 grants totaling $43K in 2024.

Where does Why Knot Now Foundation operate?

Why Knot Now Foundation has awarded grants in District of Columbia, Michigan, New York, Texas, Utah.

What size grants does Why Knot Now Foundation award?

In 2024, Why Knot Now Foundation awarded 10 grants totaling $43K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Why Knot Now Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Why Knot Now Foundation reported a distributable amount of $45K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Why Knot Now Foundation's EIN?

Why Knot Now Foundation's EIN (Employer Identification Number) is 84-3530205. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Why Knot Now Foundation's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

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

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