Nonprofit · EIN 31-1768219
KNOX COUNTY FOUNDATION
Tax-exempt · MOUNT VERNON, OH 43050
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $11,658,750 | $6,459,347 | $5,199,403 | $116,216,744 | $21,397,034 | $94,819,710 |
| December 31, 2023 | 990 | $9,655,268 | $5,001,441 | $4,653,827 | $102,945,146 | $17,954,059 | $84,991,087 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $3,115,674
- Program service revenue
- $161,786
- Investment income
- $8,381,290
- Net gain from sales of assets
- $6,403,974
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $5,311,478
- Compensation of officers, directors and key employees
- $276,070
- Other salaries and wages
- $119,437
- Salaries, compensation and benefits (total)
- $449,017
- Professional fundraising fees
- $0
- Legal fees
- $1,655
- Accounting fees
- $16,835
- Occupancy
- $9,058
- Program services (functional)
- $5,866,373
- Management and general (functional)
- $373,866
- Fundraising (functional)
- $219,108
Balance sheet and other
- Total assets, start of year
- $102,945,146
- Total assets, end of year
- $116,216,744
- Total liabilities, end of year
- $21,397,034
- Net assets, end of year
- $94,819,710
- Land, buildings and equipment
- $828,527
- Publicly traded securities
- $112,998,541
- Net assets without donor restrictions
- $30,835,158
- Net assets with donor restrictions
- $63,984,552
- Gross receipts
- $33,658,279
- Employees
- 4
- Volunteers
- 20
- Year formed
- 2002
- State of legal domicile
- OH
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Jeffrey Scott | Executive Dir. Officer | 40 | $149,500 | $8,970 |
| Marc Odenweller | Finance Dir. Officer | 40 | $111,000 | $6,600 |
| Marsha Rinehart | Chair Trustee or director, Officer | 10 | $0 | $0 |
| Ian Watson | Vice-Chair Trustee or director, Officer | 5 | $0 | $0 |
| Kurt Schisler | Treasurer Trustee or director, Officer | 5 | $0 | $0 |
| Kim Rose | Secretary Trustee or director, Officer | 5 | $0 | $0 |
| Tyler Griffith | Trustee Trustee or director | 1 | $0 | $0 |
| Libby Wright | Trustee Trustee or director | 1 | $0 | $0 |
| Wes Snyder | Trustee Trustee or director | 1 | $0 | $0 |
| Ora Smith | Trustee Trustee or director | 1 | $0 | $0 |
| Otho Eyster | Trustee Trustee or director | 1 | $0 | $0 |
| Sarah Wagner | Trustee Trustee or director | 1 | $0 | $0 |
| Vicki Sant | Trustee Trustee or director | 1 | $0 | $0 |
| Kathy Daniels | Vice Chair Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Jeffrey Scott | Executive Dir. Officer | 40 | $141,000 | $8,460 |
| Marc Odenweller | Finance Dir. Officer | 40 | $94,430 | $5,665 |
| Marsha Rinehart | Chair Trustee or director, Officer | 10 | $0 | $0 |
| Ian Watson | Vice-Chair Trustee or director, Officer | 5 | $0 | $0 |
| Kurt Schisler | Treasurer Trustee or director, Officer | 5 | $0 | $0 |
| Kim Rose | Secretary Trustee or director, Officer | 5 | $0 | $0 |
| Dr Christopher Cordle | Trustee Trustee or director | 1 | $0 | $0 |
| Dr Michael Sullivan | Trustee Trustee or director | 1 | $0 | $0 |
| Richard Mavis | Trustee Trustee or director | 1 | $0 | $0 |
| Ora Smith | Trustee Trustee or director | 1 | $0 | $0 |
| Otho Eyster | Trustee Trustee or director | 0 | $0 | $0 |
| Vicki Sant | Trustee Trustee or director | 1 | $0 | $0 |
| Kathy Daniels | Trustee Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 101 E GAMBIER ST, MOUNT VERNON, OH 43050-3509
- In care of
- % FIRST-KNOX NATIONAL BANK TTEE
- Principal officer (990 for 2024)
- Marc Odenweller, 101 E Gambier Street, Mount Vernon, OH 43050
- Signed the 990
- Marc J Odenweller, Finance Director
- Phone
- (740) 392-3270
- Website
- www.knoxcf.org
Mission
To improve the quality of life in Knox County through planned charitable giving. To provide a vehicle for donors of varied interests to support charitable and community activities. To assess and respond to emerging and changing community needs in the fields of education, youth services, recreation, arts and culture, social services, and civic, economic and community development. To develop a permanent endowment for the community, and to serve as a catalyst for the initiation of vital projects.
Program accomplishments
- Grants awarded to qualifying non-profit organizations as either approved by the Foundation board or as recommended or designated by donors. Grants awarded are to address charitable wishes of Foundation donors (donor advised/designated funds) or based upon community needs as determined by the Foundation board (community impact and field of interest funds).Expenses $3,705,122 · grants $3,646,321
- Awarded scholarships to Knox County students based upon established eligibility requirements and merit. Requirements include but are not limited to academic achievement, field of interest, and affiliations with specific schools or employers. Donors establish scholarship funds to assist qualifying students with tuition costs. The Foundation utilizies a scholarship committee that reviews application requests from graduating high school seniors and adults more than two years after high school graduation. Scholarships are available for degrees at two or four year colleges and universities as well as accredited trade & technical schools.Expenses $1,223,959 · grants $1,165,157
- Community development projects to enhance local vibrancy and recreational activities in cities and villages located in Knox County. During 2024, Knox County Foundation supported Knox Development Partnership to acquire key buildings located in the Downtown Mount Vernon economic corridor. In addition, Knox County Foundation supported village projects including the Fredericktown Splash Pad and the Ackerman Nature Reserve Project.Expenses $740,330
- Economic Development Initiative to support strategic partnerships focused on planning and encouraging economic growth throughout Knox County. The Foundation established key relationships with other economic-focused organizations as well as government and civic leaders in Mount Vernon, Danville, Fredericktown, Centerburg and Gambier. Through these partnerships, projects were identified that improved key economic and tourist corridors to generate planned development.Expenses $196,962
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 31-1768219
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2002
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T31)
- Assets (IRS master file)
- $116,216,744
- Income (IRS master file)
- $33,658,279
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $11,658,750 | $6,459,347 | $116,216,744 | XML |
| 990 | December 2023 | $9,655,268 | $5,001,441 | $102,945,146 | XML |
| 990 | December 2022 | $5,789,310 | $4,918,182 | $88,930,244 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-1768219).
Questions about KNOX COUNTY FOUNDATION
- What is the EIN of KNOX COUNTY FOUNDATION?
- The employer identification number (EIN) of KNOX COUNTY FOUNDATION is 31-1768219.
- Is KNOX COUNTY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to KNOX COUNTY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KNOX COUNTY FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of KNOX COUNTY FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KNOX COUNTY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of KNOX COUNTY FOUNDATION?
- The 990 for the year ended December 31, 2024 names Marc Odenweller.
- Who are the officers and directors of KNOX COUNTY FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 14 people; 2 received compensation from the organization, the highest $149,500 (Jeffrey Scott, Executive Dir.).
- How much revenue does KNOX COUNTY FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $11,658,750, expenses of $6,459,347 and total assets of $116,216,744 at year end.
Other nonprofits in MOUNT VERNON
- THE ARIEL FOUNDATION EIN 27-0226408 · last filed 990-PF for 2024
- FIRSTBORNS NORTH AMERICA EIN 92-1420685 · last filed 990-PF for 2024
- MAZZA FAMILY FOUNDATION EIN 87-1992324 · last filed 990-N for 2024
- MOUNT VERNON ROTARY FOUNDATION EIN 31-1472198 · last filed 990-N for 2025
- KNOX COMMUNITY HOSPITAL EIN 31-0929576 · last filed 990 for 2024
- MOUNT VERNON NAZARENE UNIVERSITY EIN 31-0725957 · last filed 990 for 2025
- 544 C E S CREDIT UNION INC EIN 31-4400124 · last filed 990 for 2025
- OHIO EASTERN STAR HEALTH CARE CENTER INC EIN 31-1480580 · last filed 990 for 2024
All nonprofits in MOUNT VERNON · Ohio · Philanthropy, voluntarism and grantmaking foundations