KNIGHT FOUNDATION: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- KNIGHT FOUNDATION (EIN 91-1791788)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-11-15
- IRS object ID
- 201813199349103061
- Schema version
- 2017v2.3
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-11-15T13:08:23-06:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PricewaterhouseCoopers LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | THREE EMBARCADERO CENTER | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94111 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 911791788 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KNIGHT FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | ATTN LISA MCKILLIPS | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % LISA MCKILLIPS | InCareOfNm |
| Business Name Control | KNIG | BusinessNameControlTxt |
| Phone | 5036713500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE BOWERMAN DRIVE | AddressLine1Txt |
| City | BEAVERTON | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 970056453 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PHILIP KNIGHT | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 5036713500 | PhoneNum |
| Signature | 2018-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ROBERT D FARR PRINCIPAL | PreparerPersonNm |
| PTIN | P00602311 | PTIN |
| Phone | 4154985000 | PhoneNum |
| Preparation | 2018-11-13 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 155.201.188.33 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 93040020183195000001 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2018-11-15 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | F6DDEB0148E4E6D7F9ADDEB7D8ADA65F0915B413 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 33D6E2F642C037D7C3F3057B7E079D74549C8A98 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $653,964,931 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $109,208,405 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $1,115,531 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,103,652 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $5,875,027 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $5,874,001 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $6,583,180 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,583,180 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $6,545,037 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $3,730,417 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $2,829,527 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $126,512,560 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $16,352,217 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $53,234 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $34,324 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $8,581 | AccountingFeesChrtblPrpsAmt |
| Interest Rev And Expnss | $65,535 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $57,117 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $164,147 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $121,060 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $2,400 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $2,079,096 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,534,034 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $2,362,012 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,746,535 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $10,981 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,362,012 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,746,535 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $10,981 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $124,150,548 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $14,605,682 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $5,666,420 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $9,059,324 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $9,059,324 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $54,693,165 | CorporateStockBOYAmt |
| Corporate Stock EOY | $54,584,385 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $382,508,607 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $217,898,675 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $229,469,157 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $262,397,000 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $278,258,260 | TotalAssetsBOYAmt |
| Total Assets EOY | $293,112,866 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $653,964,931 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $0 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $0 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $278,258,260 | CapitalStockBOYAmt |
| Capital Stock EOY | $293,112,866 | CapitalStockEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $278,258,260 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $293,112,866 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $278,258,260 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $293,112,866 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $278,258,260 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $124,150,548 | ExcessRevenueOverExpensesAmt |
| Other Increases | $24,916 | OtherIncreasesAmt |
| Subtotal | $402,433,724 | SubtotalAmt |
| Other Decreases | $109,320,858 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $293,112,866 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|
| FLOWTHROUGH FROM PARTNERSHIP INVESTMENTS | $671,277 | $671,277 | $671,277 |
| FLOWTHROUGH FROM PARTNERSHIP INVESTMENTS | $5,873,760 | $5,873,760 | $5,873,760 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $6,545,037 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $24,853,225 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $444,078,262 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.055966 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $4,981,698 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $422,504,222 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.011791 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $5,001,814 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $364,312,318 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.013729 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $5,002,276 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $238,813,977 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.020946 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $5,008,576 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $149,439,760 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.033516 | DistributionYr5Rt |
| Total Distribution | 0.135948 | TotalDistributionRt |
| Average Distribution | 0.02719 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $501,853,251 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $13,645,390 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $146,057 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $13,791,447 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $10,981 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $292,114 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $292,114 | SubtotalAmt |
| Tax Based On Investment Income | $292,114 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $300,000 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $300,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $7,886 | OverpaymentAmt |
| Applied To ES Tax | $7,886 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | OR | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LISA MCKILLIPS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5036713500 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE BOWERMAN DRIVE | AddressLine1Txt |
| City | BEAVERTON | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 970056453 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|---|
| PHILIP H KNIGHT | |||||||||
| NIKE INC | ONE BOWERMAN DRIVE | BEAVERTON | OR | 97005 | PRES/TREAS/DIRECTOR | 0 | $0 | $0 | $0 |
| PENELOPE P KNIGHT | |||||||||
| NIKE INC | ONE BOWERMAN DRIVE | BEAVERTON | OR | 97005 | DIRECTOR/VP | 0 | $0 | $0 | $0 |
| LISA MCKILLIPS | |||||||||
| NIKE INC | ONE BOWERMAN DRIVE | BEAVERTON | OR | 97005 | ASST SEC/ASST TREAS | 0 | $0 | $0 | $0 |
| TRAVIS A KNIGHT | |||||||||
| NIKE INC | ONE BOWERMAN DRIVE | BEAVERTON | OR | 97005 | VP/SEC/DIRECTOR | 0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRICEWATERHOUSECOOPERS LLP | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | THREE EMBARCADERO CENTER | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94111 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Accounting fees | ServiceTypeTxt |
| Compensation | $53,234 | CompensationAmt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $252,502,355 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $7,386,581 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $249,606,750 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $509,495,686 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $509,495,686 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $7,642,435 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $501,853,251 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $25,092,663 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $25,092,663 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $292,114 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $292,114 | TotalTaxAmt |
| Distributable Before Adj | $24,800,549 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $24,800,549 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $24,800,549 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $10,981 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $10,981 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $10,981 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $24,800,549 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2015 | PriorYear1Yr |
| Prior Year2 | 2014 | PriorYear2Yr |
| Prior Year3 | 2013 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $2,850,130 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,850,130 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $10,981 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $10,981 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $2,850,130 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $2,850,130 | ExcessDistributionCyovAppCYAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $21,939,438 | UndistributedIncomeCYAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | PHILIP H KNIGHT | ContributingManagerNm |
| Shareholder Manager | NA | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 523000 | BusinessCd |
| Unrelated Business Taxbl Incm | $11,879 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,103,652 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 523000 | BusinessCd |
| Unrelated Business Taxbl Incm | $1,026 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $5,874,001 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 523000 | BusinessCd |
| Unrelated Business Taxbl Incm | $38,143 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $6,545,037 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (4 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|---|
| NET SECTION 1231 GAIN (LOSS) | 523000 | $211,257 | 18 | $151,769 |
| OTHER INCOME | 523000 | $270,011 | 01 | $734,935 |
| NET RENTAL INCOME/LOSS | 523000 | -$10,282 | 16 | $1,207 |
| OTHER PORTFOLIO INCOME | 523000 | $2,788 | 01 | $2,368,732 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $524,822 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $16,779,333 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $17,304,155 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | PHILIP H KNIGHT | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | NIKE INC ONE BOWERMAN DRIVE | AddressLine1Txt |
| City | BEAVERTON | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 970056453 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $109,208,405 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | 1,728,201 shares of Nike, Inc stock | NoncashPropertyDesc |
| Fair Market Value | $109,196,380 | FairMarketValueAmt |
| Received | 2017-12-27 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $53,234 | Amt |
| Net Investment Income | $34,324 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $8,581 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| NIKE STOCK | $54,584,385 | $382,508,607 |
| R1 RCM, INC., STOCK | $0 | $0 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | KF INVESTORS, LP | CategoryOrItemTxt |
| Book Value | $229,469,157 | BookValueAmt |
| EOYFMV | $262,397,000 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (3 entries)
| DescDesc | AmtAmt |
|---|---|
| NON-DEDUCTIBLE EXPENSES FROM PARTNERSHIP | $3,673 |
| CASH & SECURITIES CONTRIBUTED BY DONOR | $109,208,405 |
| R1 RCM INC., CONTRIB. TO KF INVESTORS LP | $108,780 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| WIRE TRANSFER FEES | $50 | $50 |
| BANK FEES | $465 | $465 |
| KF INVESTORS, LP - 2%PORTFOLIO | $1,504,718 | $1,502,954 |
| KF INVESTORS, LP - CONTRIB. | $371 | $228 |
| KF INVESTORS, LP - PORTFOLIO | $656 | $656 |
| KF INVESTORS, LP - OTHER | $69,088 | $22,722 |
| KF INVESTORS, LP - SEC.59(E)2 | $501,298 | $4,539 |
| KF INVESTORS, LP - SEC. 179 | $80 | $80 |
| DEDUCTIONS - ROYALTY INCOME | $2,370 | $2,340 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| KF Investors, LP - Rental Income/(Loss) | -$9,075 | $1,207 |
| KF Investors, LP - Other Portfolio | $2,371,520 | $2,368,732 |
| KF Investors, LP - Other Income /(Loss) | $554,409 | $284,398 |
| KF Investors, LP - 1231 Gain/(Loss) | $363,026 | $151,769 |
| Federal excise tax refund - Other income | $427,116 | $0 |
| Section 965(A) Inclusion | $23,421 | $23,421 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (3 entries)
| DescDesc | AmtAmt |
|---|---|
| NON-TAXABLE INCOME FROM PARTNERSHIP | $794 |
| STATE TAXES WITHHELD | $12,097 |
| CONTRIBUTIONS IN (CAPITAL) | $12,025 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| OREGON DEPARTMENT OF JUSTICE | $2,400 | $0 | $2,400 |
| FEDERAL EXCISE TAX | $28,318 | $0 | |
| FOREIGN TAXES PAID | $121,332 | $121,060 | |
| STATE TAXES WITHHELD | $12,097 | $0 |