John S. and James L. Knight Foundation
(formerly Knight Foundation)
200 S. Biscayne Blvd., Ste. 3300
Miami, FL United States 33131-2349
Telephone: (305) 908-2600
Type of Grantmaker
Incorporated in 1950 in OH - The foundation's forerunner was the Knight Memorial Education Fund, which gave college scholarships to persons of Summit, Portage, and Wayne counties in Ohio. The scholarships were replaced by student loans and extended beyond the Akron area to other cities where the Knight brothers had newspapers. While giving preference to cities where the money was earned, however, the founders chose to establish a private, independent foundation instead of a company or family foundation. The trustees soon added some other preferences that even today are included in broad policy guidelines: early support of journalism education projects of national significance, educational and human service institutions, and cultural and civic activities that enhanced the quality of life in Knight Foundation cities. On June 20, 1995, the estate of James L. Knight made its last major distribution of assets to its beneficiaries, including $65 million to the foundation.