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Nonprofit · EIN 38-4039936

EDWARD B AND JOAN T KNIGHT FOUNDATION INC

Tax-exempt · OCALA, FL 34480

Financials

$2.5M$2.6M2023$2.3M$2.7M2024$3.1M$3.6M2025
Revenue Expenses · by fiscal year end
Financials of EDWARD B AND JOAN T KNIGHT FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2026990-PF$3,095,564$3,574,415-$478,851$50,313,835$0$50,313,835
June 30, 2025990-PF$2,301,077$2,656,266-$355,189$50,789,971$470$50,789,501
June 30, 2024990-PF$2,485,229$2,644,113-$158,884$51,146,216$1,526$51,144,690
Financial details: 990-PF for the year ended June 30, 2026

Revenue

Dividends
$377,889
Interest
$1,584,754
Net gain from sales of assets
$1,132,853
Other income
$68

Expenses

Grants and similar amounts paid
$2,904,648
Compensation of officers, directors and key employees
$312,500
Salaries, compensation and benefits (total)
$6,250
Disbursements for charitable purposes
$2,904,648
Excise tax on investment income
$23,714

Balance sheet and other

Total assets, start of year
$50,789,971
Total assets, end of year
$50,313,835
Total liabilities, end of year
$0
Net assets, end of year
$50,313,835
Fair market value of assets
$51,133,581
Qualifying distributions
$2,904,648
Net investment income
$1,962,643

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-PF for the year ended June 30, 2026, highest compensation first.

NameTitleHours / weekCompensation
CLAUDE GARDNER JR
336 DUVAL STREET, KEY WEST, FL 33040
PRESIDENT15$106,250
VELMA CHRISTAIN
906 16 TERRACE, KEY WEST, FL 33040
SECRETARY15$106,250
LOWELL J CHICK
1218 SE 52 STREET, OCALA, FL 34480
TREASUER15$100,000
990-PF for the year ended June 30, 2025: 3 people
NameTitleHours / weekCompensation
CLAUDE GARDNER JR
336 DUVAL STREET, KEY WEST, FL 33040
PRESIDENT15$100,000
VELMA CHRISTAIN
906 16 TERRACE, KEY WEST, FL 33040
SECRETARY15$100,000
LOWELL J CHICK
1218 SE 52 STREET, OCALA, FL 34480
TREASUER15$100,000
990-PF for the year ended June 30, 2024: 3 people
NameTitleHours / weekCompensation
CLAUDE GARDNER JR
336 DUVAL STREET, KEY WEST, FL 33040
PRESIDENT15$100,000
VELMA CHRISTAIN
906 16 TERRACE, KEY WEST, FL 33040
SECRETARY15$100,000
LOWELL J CHICK
1218 SE 52 STREET, OCALA, FL 34480
TREASUER15$100,000

Address and contacts

Address (IRS master file)
1218 SE 52ND ST, OCALA, FL 34480-6619
Signed the 990-PF
LOWELL J CHICK, TREASUER
Phone
(954) 753-7957
Return prepared by
CHICK & KARO CPA'S PA

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026990-PF on file
2024June 30, 2025November 17, 2025990-PF on file
2023June 30, 2024November 15, 2024990-PF on file

IRS record

EIN
38-4039936
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2018
Accounting year ends
June
Files
Form 990-PF
Assets (IRS master file)
$50,313,835
Income (IRS master file)
$7,053,891

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFJune 2026$3,095,564$3,574,415$50,313,835XML
990-PFJune 2025$2,301,077$2,656,266$50,789,971XML
990-PFJune 2024$2,485,229$2,644,113$51,146,216XML
990-PFJune 2023–––IRS
990-PFJune 2022–––IRS
990-PFJune 2021–––IRS
990-PFJune 2019–––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 38-4039936).

Questions about EDWARD B AND JOAN T KNIGHT FOUNDATION INC

What is the EIN of EDWARD B AND JOAN T KNIGHT FOUNDATION INC?
The employer identification number (EIN) of EDWARD B AND JOAN T KNIGHT FOUNDATION INC is 38-4039936.
Is EDWARD B AND JOAN T KNIGHT FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to EDWARD B AND JOAN T KNIGHT FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does EDWARD B AND JOAN T KNIGHT FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of EDWARD B AND JOAN T KNIGHT FOUNDATION INC due?
The return for tax year 2026 (the year ending June 30, 2027) is due November 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did EDWARD B AND JOAN T KNIGHT FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended June 2026.
Who are the officers and directors of EDWARD B AND JOAN T KNIGHT FOUNDATION INC?
The 990-PF for the year ended June 30, 2026 lists 3 people; 3 received compensation from the organization, the highest $106,250 (CLAUDE GARDNER JR, PRESIDENT).
How much revenue does EDWARD B AND JOAN T KNIGHT FOUNDATION INC have?
On its 990-PF for the year ended June 30, 2026 it reported revenue of $3,095,564, expenses of $3,574,415 and total assets of $50,313,835 at year end.

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