2007 Grants
In 2007, Knight Foundation granted $122,270,000. Over the course of the year, the foundation approved a variety of initiatives to be paid out over several years, and the total amount of grants authorized for current and future payment is $165,310,078. For a complete list of 2007 grants, please go to www.knightfoundation.org/grants/2007/.
Auditors Report & 2007 Financial StatementsProgram
Amount
Communities |
||
| Funding Priority | Number of Grants | Amount |
| Civic Engagement/Positive Human Relations | 37 | 28,125,650 |
| Economic Development | 17 | 13,100,000 |
| Education | 13 | 9,024,740 |
| Housing and Community Development | 12 | 9,058,000 |
| Vitality of Cultural Life | 20 | 22,857,200 |
| Subtotal | 106 grants | $85,486,174 |
Journalism Program |
||
| Electronic and New Media | 14 | 14,408,300 |
| Journalism Training and Education | 15 | 6,828,550 |
| Knight News Challenge | 23 | 12,318,000 |
| News in the Public Interest | 8 | 3,456,000 |
| Press Freedom and Freedom of Information | 14 | 12,685,000 |
| News and Newsroom Diversity | 7 | 784,840 |
| Other Journalism | 2 | 375,000 |
| Subtotal | 83 grants | $50,855,690 |
National and New Initiatives |
||
| Civic Engagement and Positive Human Relations | 18 | 15,782,249 |
| Economic Development | 2 | 6,850,000 |
| Education | 1 | 250,000 |
| Housing and Community Development | 1 | 4,000,000 |
| Vitality of Cultural Life | 1 | 100,000 |
| Subtotal | 23 grants | $26,982,249 |
Other |
||
| Other | 28 | 1,535,965 |
| Trustee-Advised Grants Program | 50 | 450,000 |
Subtotal |
78 grants | $1,985,965 |
| GRAND TOTAL | 290 grants | $165,310,078 |
Transformation Fund
Consistent with our commitment to change, Knight Foundation has increased grant dollars going toward projects with the capacity to transform communities and journalism. Examples:
- The Knight News Challenge has already awarded 37 grants worth $17.8 million to winners worldwide. It is part of a $25 million, five-year initiative.
- Ashoka: Innovators for the Public will identify and support 30 social entrepreneurs in the field
of journalism with $3 million in support over three years.
- Citizen Schools has expanded its cutting-edge after-school program to eight U.S. regions. Knight has contributed $3 million to an endowment that allows this program to scale up.
- The Saint Paul Foundation is using $1.575 million for neighborhood enhancements as a light-rail line begins to link the Twin Cities.
- The Knight Arts Partnership will provide $20 million in arts endowments and another $20 million in matching grants for the arts in South Florida.
