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The Marion I. and Henry J. Knott Foundation, Inc.

Profile

Last Updated: 2016-05-11

At A Glance

The Marion I. and Henry J. Knott Foundation, Inc.

3904 Hickory Ave.

Baltimore, MD United States 21211-1834

Telephone: (410) 235-7068

URL: www.knottfoundation.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Family foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $56,766,667

Total giving: $2,198,886

EIN

521517876

BRIDGE Number

4234892165

Background

Established in 1977 in MD as successor to the first Marion I. and Henry J. Knott Foundation, Inc. - The Marion I. & Henry J. Knott Foundation is a Catholic family foundation committed to honoring its founders' legacy of generosity to strengthen the community. Henry and Marion Knott were incredibly dedicated to two things: their family and their surrounding community of Baltimore. In 1977, they started the foundation as a way of joining their two passions. Today, the Knott Foundation continues as a family-run philanthropic venture that strives to strengthen communities in central and western Maryland while preserving the Knott legacy of giving

Purpose and Activities

Giving for Roman Catholic activities and other charitable, cultural, educational, and health and human service organizations. Areas of interest include the fine and performing arts; Roman Catholic and non-sectarian private schools; higher, adult, and vocational education; hospitals and health services, including hospices and programs for the mentally ill; social and family services, including youth, the elderly, the handicapped, and the homeless; and community development and civic affairs.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Program-Related Investment

The foundation makes PRIs through its Cash Flow Loan Program. The foundation makes no and low-interest loans to organizations based on delayed receivables such as grant agreements or reimbursable expenses. The foundation plans to continue PRI-making activity in the future.

Fields of Interest

Subjects
  • Arts and culture
  • Catholicism
  • Elementary education
  • Health
  • Human services
  • Humanities
  • Secondary education

Financial Data

Year ended 2014-12-31

Assets: $56,766,667 (market value)

Expenditures: $3,191,786

Total giving: $2,198,886

Qualifying distributions: $2,612,590