Knight Foundation
PE
1950
$2 600 M
Miami, Florida, United States
Investment Ticket
Investment Horizon
Investment Stage
Exit Strategy
Profile
The Knight Foundation is a private philanthropic organization focused on enhancing democracy through support for free expression, journalism, arts and culture, community development, and media research. Established in 1940 and incorporated in 1950 by the Knight family, the foundation emphasizes the importance of informed communities for a healthy democracy. With an endowment of approximately $2.4 billion, it has awarded over $1 billion in grants since its inception.
The foundation funds innovative journalism projects, supports community development in 26 "Knight communities," and invests in arts initiatives through programs like the Knight Arts Challenge. It also conducts research to assess impact and inform its strategies. Known for its creative grantmaking, the Knight Foundation runs open contests such as the Knight News Challenge, inviting ideas that leverage digital technology to benefit communities. Its beneficiaries include nonprofit organizations, media entities, community groups, artists, and researchers dedicated to its mission.
Industry
Region of investment
Knight Foundation Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
Fund I
|
Private Equity (PE)
|
Financial Services
Fintech
Marketing and Advertising
Media and Entertainment
SaaS
Security
Software
|
Series B
|
North America
|
$5-10 m
|
$2600 M
|
October 2018
|
