Skip to main content

Nonprofit · EIN 91-1791788

KNIGHT FOUNDATION

Tax-exempt · BEAVERTON, OR 97005

Financials

$1.7B$244.1M2023$520M$277.5M2024
Revenue Expenses · by fiscal year end
Financials of KNIGHT FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$520,024,706$277,515,298$242,509,408$4,473,731,655$0$4,473,731,655
December 31, 2023990-PF$1,730,391,596$244,066,344$1,486,325,252$4,230,106,111$0$4,230,106,111
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$170,495,456
Interest
$467,958
Net gain from sales of assets
$214,135,348
Other income
$134,925,944

Expenses

Grants and similar amounts paid
$226,548,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$226,548,000
Excise tax on investment income
$4,216,475

Balance sheet and other

Total assets, start of year
$4,230,106,111
Total assets, end of year
$4,473,731,655
Total liabilities, end of year
$0
Net assets, end of year
$4,473,731,655
Fair market value of assets
$5,436,572,717
Qualifying distributions
$226,548,000
Net investment income
$345,799,598

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
PHILIP H KNIGHT
NIKE INC ONE BOWERMAN DRIVE, BEAVERTON, OR 97005
PRESIDENT/TREAS1$0
PENELOPE P KNIGHT
NIKE INC ONE BOWERMAN DRIVE, BEAVERTON, OR 97005
DIRECTOR/VP1$0
LISA MCKILLIPS
NIKE INC ONE BOWERMAN DRIVE, BEAVERTON, OR 97005
ASST SEC/ASST TREAS1$0
TRAVIS A KNIGHT
NIKE INC ONE BOWERMAN DRIVE, BEAVERTON, OR 97005
VP/SEC/DIRECTOR1$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
PHILIP H KNIGHT
NIKE INC ONE BOWERMAN DRIVE, BEAVERTON, OR 97005
PRESIDENT/TREAS1$0
PENELOPE P KNIGHT
NIKE INC ONE BOWERMAN DRIVE, BEAVERTON, OR 97005
DIRECTOR/VP1$0
LISA MCKILLIPS
NIKE INC ONE BOWERMAN DRIVE, BEAVERTON, OR 97005
ASST SEC/ASST TREAS1$0
TRAVIS A KNIGHT
NIKE INC ONE BOWERMAN DRIVE, BEAVERTON, OR 97005
VP/SEC/DIRECTOR1$0

Address and contacts

Address (IRS master file)
1 SW BOWERMAN DR, BEAVERTON, OR 97005-6453
In care of
% LISA MCKILLIPS
Signed the 990-PF
PHILIP H KNIGHT, PRESIDENT
Phone
(503) 671-3500
Return prepared by
PWC US TAX LLP

What it must file and when

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

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
91-1791788
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
1997
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$4,473,731,655
Income (IRS master file)
$520,024,706

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$520,024,706$277,515,298$4,473,731,655IRS
990-TDecember 2024–––IRS
990-PFDecember 2023$1,730,391,596$244,066,344$4,230,106,111XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020$1,963,443,063$108,143,367$3,232,383,420IRS
990-TDecember 2020–––IRS
990-PFDecember 2018$0$0$0IRS
990-PFDecember 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 91-1791788).

Questions about KNIGHT FOUNDATION

What is the EIN of KNIGHT FOUNDATION?
The employer identification number (EIN) of KNIGHT FOUNDATION is 91-1791788.
Is KNIGHT FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to KNIGHT FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does KNIGHT FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of KNIGHT 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 KNIGHT FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of KNIGHT FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does KNIGHT FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $520,024,706, expenses of $277,515,298 and total assets of $4,473,731,655 at year end.

Other nonprofits in BEAVERTON

All nonprofits in BEAVERTON · Oregon · Philanthropy, voluntarism and grantmaking foundations