William S Knight Foundation Inc logo

William S Knight Foundation Inc

Foundation · Grantmaker Naples, FL EIN: 81-0797771 Website

William S Knight Foundation Inc. is a private foundation based in Naples, Florida, established in 2016. The foundation operates as a non-operating private foundation with a focus on supporting educational, philanthropic, and cultural initiatives.

Key facts about William S Knight Foundation Inc

EIN
81-0797771
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$1,404,465
Grants made (2024)
31
Average grant
$45,305
Median grant
$25,000
New grantees (estimate)
23% first-time grantees (7 of 31, 2024)
Total assets
$38,960,775
Primary geography
Wisconsin (27% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated June 2026. New grantees are estimated by matching recipient names across years (methodology).

Who William S Knight Foundation Inc funds

By grant dollars, the top recipient states for William S Knight Foundation Inc's 31 itemized 2024 grants were Wisconsin (27%), Missouri (18%) and Virginia (11%). The most frequent recipient cities were Arlington, VA (4 grants), Milwaukee, WI (3 grants) and Washington, DC (3 grants). 6% of grants with a stated purpose were for general or operating support.

Is William S Knight Foundation Inc open to new grantees?

23%

first-time grantees, 2024

In 2024, 7 of 31 grantees (23%) were first-time recipients. First grants averaged $48K; repeat grants $45K. How we count

Medians: $50K first-time, $25K repeat.

  • 61% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (−8%). Method
  • In 2024 it paid out 96% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$39.0M

+8.9% YoY

Annual Giving

$1.4M

+24.5% YoY

Grant Count

31

+24.0% YoY

Avg Grant Size

$45K

+0.4% YoY

Under IRS private-foundation payout rules, William S Knight Foundation Inc reported a distributable amount of $1.5M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation primarily funds organizations aligned with values of entrepreneurism, self-reliance, and free market enterprise. Primary funding areas include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Arts, Culture & Humanities
  • Youth leadership programs
  • STEM educational programs
  • Patriotic education
  • Stock market game programs for youth
  • Start-up funding and revolving loan funds

Grantmaking

The foundation made 24 grants totaling $1,404,465. Notable recent grants include:

Average Grant

amount: $65,000

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Geographic Focus

Where this funder awards grants

The foundation primarily supports organizations in:

  • Wisconsin
  • Illinois
  • Missouri
  • Virginia
  • Kansas

Grantmaking reaches organizations across 12 states, with Wisconsin, Missouri, and Illinois accounting for 47% of all grants.

Grant Distribution by State

16states

Share of all 31 itemized 2024 grant dollars.

Cities

MilwaukeeWashingtonArlingtonBeloitMadisonSherman OaksNorthbrookDaytonLemontOaklandRestonAtchisonBrodheadBurr RidgeOconomowocAtlantaHillsdaleMononaPoint OutlookWales

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total assets: $38,960,775
  • Total revenues: $4,265,849
  • Total expenses: $1,716,428
  • Total giving: $1,404,465
  • Annual income: $15.8 million
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$4M$5M20202021202220232024
Metric202420232022
Total Assets$38,960,775$35,787,578$31,606,329
Revenue$4,265,849$3,396,426$738,755
Expenses$1,716,428$1,410,041$1,803,447
Qualifying Distributions$1,471,054$1,190,898$1,636,748
Net Investment Income$4,077,348$3,222,071$577,720
Distributable Amount$1,530,399$1,496,920$1,510,202

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$399K$797K$1M$2M24 grants202021 grants202122 grants202225 grants202331 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

College of the Ozarks: $250KCollege of the Ozarks$250KNorthshore Classical Academy: $141KNorthshore Classical Academy$141KHillsdale College: $104KHillsdale College$104KPrageru: $100KPrageru$100KBenedictine College: $83KBenedictine College$83KYoung America's Foundation: $75KYoung America's Foundation$75KTrinitas Classical Academy: $70KTrinitas Classical Academy$70KBelmont Abbey College: $60KBelmont Abbey College$60KLibertas Institute: $50KLibertas Institute$50KReal Clear Foundation: $50KReal Clear Foundation$50K

Grant Size Distribution

123 grants across all recorded years

70<$50K33$50–100K14$100–250K3$250–500K3$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include College of the Ozarks ($250,000), Northshore Classical Academy ($140,725), Hillsdale College ($104,000).

RecipientPurposeAmount
COLLEGE OF THE OZARKS Point Lookout, MOCHOP CHEESE FACILITY- STUDENT WORK-FOR-TUITION$250,000
NORTHSHORE CLASSICAL ACADEMY Mequon, WIEARLY-STAGE DEVELOPMENT COSTS$140,725
HILLSDALE COLLEGE Hillsdale, MIGRADUATE SCHOOL OF CLASSICAL ED. ENDOW.$104,000
PRAGERU Sherman Oaks, CAPRAGERU IN SCHOOLS PROJECT$100,000
BENEDICTINE COLLEGE Atchison, KSSUMMER TEACHERS INST. .$82,740
YOUNG AMERICA'S FOUNDATION Reston, VASTUDENT CVONFERENCES$75,000
TRINITAS CLASSICAL ACADEMY Hayward, WISCHOOL START-UP COSTS$70,000
BELMONT ABBEY COLLEGE Belmont, NCMASTERS CLASSICAL ED. PROGRAM STARTUP$60,000
LIBERTAS INSTITUTE Lehi, UTCHILDRENS ENTREPRENEUR MARKET$50,000
REAL CLEAR FOUNDATION Northbrook, ILRESEARCH/PUBLICATION ISSUES IN EDUCATIONAL FREEDOM$50,000

Leadership & Key People

Leadership team and compensation from IRS filings

Principal Officer: Gary G Grabowski

The foundation is governed by 5 officers and trustees.

Compensation Overview

From 2024 IRS filing

Thomas L Brown — Vice Pres.: $7KThomas L BrownVice Pres.$7KGARY G GRABOWSKI Also see attachmen — Scretary /Treas: $7KGARY G GRABOWSKI Also…Scretary /Treas$7KDonald F Wichelt — President: $7KDonald F WicheltPresident$7KJennifer K Rauscher — Director: $5KJennifer K RauscherDirector$5KFran D Sorenson — Director: $4KFran D SorensonDirector$4K

From 2024 IRS filing

NameTitleHoursCompensation
Jennifer K RauscherDirector1$5,250
Thomas L BrownVice Pres.1$7,000
GARY G GRABOWSKI Also see attachmenScretary /Treas6$7,000
Donald F WicheltPresident1.5$7,000
Fran D SorensonDirector1$3,500

Recent News & Activity

Recent developments and announcements

The foundation awarded $50,000 to Junior Achievement of Wisconsin to support JA Finance Park Virtual® and JA BizTown Adventures® programs, demonstrating ongoing commitment to youth financial and entrepreneurial education.

William S. Knight Foundation Awards JA of Wisconsin $50,000 to Support JA\

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does William S Knight Foundation Inc fund?

The foundation primarily funds organizations aligned with values of entrepreneurism, self-reliance, and free market enterprise. Primary funding areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Arts, Culture & Humanities • Youth leadership programs • STEM educational programs • Patriotic education • Stock market game programs for youth • Start-up funding and revolving loan funds

How do I apply for a grant from William S Knight Foundation Inc?

**Grant Characteristics:** • Typical award range: $1,500–$500,000 • Average grant amount: $65,000 • Median grant amount: $35,000 • Individual grants have ranged from $2,000 to $500,000 **Recent Grant Activity (2024):** The foundation made 24 grants totaling $1,404,465. Notable recent grants include: • College of the Ozarks: $250,000 (Chop Cheese Facility - Student Work-For-Tuition) • Northshore Classical Academy: $140,725 (Early-Stage Development Costs) • Hillsdale College: $104,000 (Graduate S…

Where does William S Knight Foundation Inc make grants?

The foundation primarily supports organizations in: • Wisconsin • Illinois • Missouri • Virginia • Kansas Grantmaking reaches organizations across 12 states, with Wisconsin, Missouri, and Illinois accounting for 47% of all grants.

What size grants does William S Knight Foundation Inc award?

In 2024, William S Knight Foundation Inc awarded 31 grants totaling $1.4M — an average of about $45K per grant, based on its IRS Form 990 filings.

How much is William S Knight Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, William S Knight Foundation Inc reported a distributable amount of $1.5M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is William S Knight Foundation Inc's EIN?

William S Knight Foundation Inc's EIN (Employer Identification Number) is 81-0797771. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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