NonprofitsKnox County Foundation

Community Foundations

Knox County Foundation

MOUNT VERNON, OH

Total revenue

$11.7M

Total expenses

$6.5M

Net assets

$94.8M

Grants received

$3.6M

41 grants

EIN

311768219

Tax year

2024

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.

Programs

3 programs

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: $1.2MGrants: $1.2M

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: $740K

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: $197K

Financials

FY 2024

Revenue

Contributions & grants$3.1M
Program service revenue$162K
Investment income$8.4M
Other revenue
Total revenue$11.7M

Expenses

Grants paid$5.3M
Salaries & benefits$449K
Fundraising$219K
Other expenses$699K
Total expenses$6.5M
Total assets$116.2M
Net assets$94.8M

People

14 listed

NameRoleCompensation

Jeffrey Scott

Executive Dir.

Board

$150K

40 hrs/wk

Marc Odenweller

Finance Dir.

Board

$111K

40 hrs/wk

Marsha Rinehart

Chair

Board

10 hrs/wk

Ian Watson

Vice-Chair

Board

5 hrs/wk

Kurt Schisler

Treasurer

Board

5 hrs/wk

Kim Rose

Secretary

Board

5 hrs/wk

Tyler Griffith

Trustee

Board

1 hrs/wk

Libby Wright

Trustee

Board

1 hrs/wk

Wes Snyder

Trustee

Board

1 hrs/wk

Ora Smith

Trustee

Board

1 hrs/wk

Otho Eyster

Trustee

Board

1 hrs/wk

Sarah Wagner

Trustee

Board

1 hrs/wk

Vicki Sant

Trustee

Board

1 hrs/wk

Kathy Daniels

Vice Chair

Board

1 hrs/wk

Independent contractors

Park National Bank

Investment Mgmt Fees

$191K

Grants received

Showing 41 of 41

FromAmountPurposeYear
$30K
JOB FINDING ASSISTANCE; TRANSPORT/MED CENTRAL
2024
$1M
ECONOMIC DEVELOPMENT SUPPORT
2023
$16K
For grant recipient's exempt purposes
2023
$15K
JOB FINDING ASSISTANCE; TRANSPORT/MED CENTRAL
2023
$10K
KNOX COUNTY ECONOMIC DEVELOPMENT INITIATIVE SUPPORT
2023
$10K
WFM ST. VINCENT TUITION ASSIT FUND
2023
$5K
YOUTH PHILANTHROPY
2023
$3K
(MATCHING) MARY HENDRICKSON NEW DIRECTIONS FUND
2023
$20K
KNOX COUNTY ECONOMIC DEVELOPMENT INITIATIVE SUPPORT
2022
$20K
COTC KNOXPROMISE FUND
2022
$13K
JOB FINDING ASSISTANCE; TRANSPORT/MED CENTRAL
2022
$10K
GENERAL SUPPORT
2022
$10K
ST. VINCENT TUITION ASSIST FUND
2022
$6K
For grant recipient's exempt purposes
2022
$5K
UNRESTRICTED OPERATING SUPPORT
2022
$5K
GENERAL TAX EXEMPT PURPOSES
2022
$3K
CORPORATE DONATION
2022
$3K
LOCAL BOARD DEVELOPMENT INITIATIVE
2022
$3K
(MATCHING) MARY HENDRICKSON NEW DIRECTIONS FUND
2022
$20K
PROGRAM SUPPORT
2021
$5K
GENERAL TAX EXEMPT PURPOSES
2021
$1.3M
TO ADDRESS COMMUNITY ECONOMIC DEVELOPMENT STRATEGIES IN MOUNT VERNON, OHIO CONSISTENT WITH THE MISSION OF THE ORGANIZATION
2020
$256K
TO ADDRESS COMMUNITY ECONOMIC DEVELOPMENT STRATEGIES IN MOUNT VERNON, OHIO CONSISTENT WITH THE MISSION OF THE ORGANIZATION
2020
$117K
ESTABLISHMENT OF ENDOWMENT FOR MAINTENANCE OF UNIVERSITY PROPERTY
2020
$75K
MOUNT VERNON ARTS CONSORTIUM START-UP
2020
$50K
GENERAL FUND
2020
$40K
KNOX COUNTY ECONOMIC DEVELOPMENT INITIATIVE
2020
$30K
RENOVATION PROJECT
2020
$20K
ADVANCING PHILANTHROPY
2020
$20K
PROGRAM SUPPORT
2020
$10K
ADVANCING PHILANTHROPY
2020
$5K
GENERAL TAX EXEMPT PURPOSES
2020
$3K
MARY HENDRICKSON NEW DIRECTIONS FUND
2020
$135K
BLDG CONSTRUCTION
2019
$20K
GENERAL PURPOSES
2018

Funded by

$3.6M from 17 funders · 41 grants · 2018–2024

Mount Vernon Development Company Inc

$1.6M · 2 grants · 2020

The Ariel Foundation

$1.2M · 10 grants · 2018–2023

Jacket Boosters Inc

$165K · 2 grants · 2019–2020

Mount Vernon Nazarene University

$117K · 1 grant · 2020

The Burgett Family Foundation

$105K · 2 grants · 2020–2021

Richard & Arline Landers Foundation

$100K · 1 grant · 2024

United Way Of Knox County Ohio Inc

$58K · 3 grants · 2022–2024

Johnson Charitable Gift Fund

$50K · 1 grant · 2020

Details

EIN311768219
NTEE codeT31
Subsection03
Ruling date2002-04
Formed2002
Employees4
Volunteers20
KNOX COUNTY FOUNDATION — Mission, Financials & Grants Received | Grantivo