Mission
THE FUND'S MISSION IS TO SUPPORT CERTAIN TAX EXEMPT INSTITUTIONS IN THE STATE OF MARYLAND.
Public Charity
THE MARION I AND HENRY J KNOTT SCHOLARSHIP FUND INC
THE MARION I AND HENRY J KNOTT SCHOLARSHIP FUND INC is a Public Charity headquartered in COLUMBIA, MD. Financial data from the 2024 filing: $4.3M revenue, $3.7M expenses, $83.3M total assets. IRS filings disclose 41 grants awarded by this foundation, totaling roughly $10.4M.
EIN: 521097109
COLUMBIA, MD
Latest filing: 2024
Total Revenue$4.3M
Total Expenses$3.7M
Total Assets$83.3M
Grants Given41
Grant Total$10.4M
Filing Years2019–2024
Where $100 goes at The Marion I and Henry J Knott Scholarship Fund Inc
How The Marion I and Henry J Knott Scholarship Fund Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$77
Programs
the work itself
$23
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $77 for programs
$77
The fund provides grants to tax exempt educational and medical organizations in the state of maryland, including three area hospitals, three universities, and multiple secondary schools
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Before you apply to The Marion I and Henry J Knott Scholarship Fund Inc
Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.
Sample Grants Given
SCHOLARSHIPS
$535,827
SCHOLARSHIPS
$514,576
SCHOLARSHIPS
$300,480
Services & medical care
$50,000
Services & medical care
$50,000
Showing up to 5 of 41 total records — full history available with membership.
Officers & Directors
Trustee
Dr Marylou Yam
Trustee
Gerald Joyce
Trustee
Jack Chielli - Until 924
Treasurer
John Coppola - Until 924
President
Martin Knott
Treasurer
Owen Knott
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $4.3M | $3.7M | $83.3M |
| 2023 | $1.9M | $3.5M | $77.7M |
| 2022 | $3.1M | $3.0M | $72.5M |
| 2020 | $988K | $2.2M | $75.9M |
| 2019 | $1.6M | $2.4M | $69.8M |
Between 2019 and 2024, reported annual revenue grew from $1.6M to $4.3M (+166%), with total assets most recently reported at $83.3M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in MD.
MD
Full geographic grant map with state-by-state breakdown available with membership.