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Nonprofit · EIN 47-5058173

KNIGHT FAMILY FOUNDATION

Tax-exempt · BASALT, CO 81621

Financials

$347K$466K2023$791K$492K2024
Revenue Expenses · by fiscal year end
Financials of KNIGHT FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$791,439$492,419$299,020$9,558,661$0$9,558,661
December 31, 2023990-PF$346,792$465,529-$118,737$9,155,795$0$9,155,795
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$274,228
Net gain from sales of assets
$516,712
Other income
$499

Expenses

Grants and similar amounts paid
$420,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$420,000
Excise tax on investment income
$10,046

Balance sheet and other

Total assets, start of year
$9,155,795
Total assets, end of year
$9,558,661
Total liabilities, end of year
$0
Net assets, end of year
$9,558,661
Fair market value of assets
$9,558,661
Qualifying distributions
$420,000
Net investment income
$791,439

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
JARED KNIGHT
711 E VALLEY ROAD 201D, BASALT, CO 81621
DIRECTOR, BOARD OF DIRECTORS0$0
AARON KNIGHT
711 E VALLEY ROAD 201D, BASALT, CO 81621
DIRECTOR, BOARD OF DIRECTORS0$0
JASON KNIGHT
711 E VALLEY ROAD 201D, BASALT, CO 81621
DIRECTOR, BOARD OF DIRECTORS0$0
JAMIE SUMA
711 E VALLEY ROAD 201D, BASALT, CO 81621
DIRECTOR, BOARD OF DIRECTORS0$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
JARED KNIGHT
711 E VALLEY ROAD 201D, BASALT, CO 81621
DIRECTOR, BOARD OF DIRECTORS0$0
AARON KNIGHT
711 E VALLEY ROAD 201D, BASALT, CO 81621
DIRECTOR, BOARD OF DIRECTORS0$0
JASON KNIGHT
711 E VALLEY ROAD 201D, BASALT, CO 81621
DIRECTOR, BOARD OF DIRECTORS0$0
JAMIE SUMA
711 E VALLEY ROAD 201D, BASALT, CO 81621
DIRECTOR, BOARD OF DIRECTORS0$0

Address and contacts

Address (IRS master file)
711 E VALLEY RD, BASALT, CO 81621-8370
In care of
% LEXI MCNUTT
Signed the 990-PF
ALIX ZANGRILLI, CEO
Phone
(970) 920-4994
Return prepared by
REESE HENRY & COMPANY INC

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
47-5058173
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
2016
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$9,558,661
Income (IRS master file)
$2,819,577

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$791,439$492,419$9,558,661XML
990-PFDecember 2023$346,792$465,529$9,155,795XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––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 47-5058173).

Questions about KNIGHT FAMILY FOUNDATION

What is the EIN of KNIGHT FAMILY FOUNDATION?
The employer identification number (EIN) of KNIGHT FAMILY FOUNDATION is 47-5058173.
Is KNIGHT FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to KNIGHT FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does KNIGHT FAMILY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of KNIGHT FAMILY 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 FAMILY 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 FAMILY 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 FAMILY FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $791,439, expenses of $492,419 and total assets of $9,558,661 at year end.

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