KNIGHT FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- KNIGHT FOUNDATION (EIN 91-1791788)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-11-13
- IRS object ID
- 201913179349101101
- Schema version
- 2018v3.1
- 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 | 2019-11-13T09:28:04-06:00 | ReturnTs |
| Tax Period End | 2018-12-31 | 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 20TH FLOOR | 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 | 2018-01-01 | 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 | 2019-11-12 | 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 | 2019-11-08 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 167.68.125.77 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 93040020193175000000 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2019-11-13 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 8E8DB140989AE98CE5FC24E1668CC97EC4316EF9 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | FE5EE84E950E0C7B6E43D7CC2C740E1F19A86DB6 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-03-31 21:24:44Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $2,050,749,522 | 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 | $1,607,755,937 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $173,831 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $173,831 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $2,767,120 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,767,120 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,194,614,768 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,194,614,768 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,194,561,680 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $15,394,135 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $15,842,676 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,820,705,791 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,213,345,307 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $126,080 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $56,877 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $42,083 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $7,832,558 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $2,400 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $4,759,503 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $4,376,909 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $12,718,141 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $4,433,786 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $44,483 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $39,936,648 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $39,936,648 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $52,654,789 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $4,433,786 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $39,981,131 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,768,051,002 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,208,911,521 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $9,059,324 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $12,113,341 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $12,113,341 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $54,584,385 | CorporateStockBOYAmt |
| Corporate Stock EOY | $20,863,256 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $725,052,723 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $229,469,157 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,372,100,609 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,313,583,458 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $293,112,866 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,405,077,206 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,050,749,522 | 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 | $293,112,866 | CapitalStockBOYAmt |
| Capital Stock EOY | $1,405,077,206 | CapitalStockEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $293,112,866 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,405,077,206 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $293,112,866 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,405,077,206 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $293,112,866 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,768,051,002 | ExcessRevenueOverExpensesAmt |
| Other Increases | $41,809,292 | OtherIncreasesAmt |
| Subtotal | $3,102,973,160 | SubtotalAmt |
| Other Decreases | $1,697,895,954 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,405,077,206 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| FLOWTHROUGH FROM PARTNERSHIP INVESTMENTS | $0 | $16,086,841 | -$16,086,841 | -$16,086,841 | |
| FLOWTHROUGH FROM PARTNERSHIP INVESTMENTS | $21,684,274 | $21,684,274 | $21,684,274 | ||
| SALE OF NIKE STOCK | $1,148,438,733 | $1,148,438,733 | $1,148,438,733 | D | |
| SALE OF R1 RCM STOCK | $42,361,109 | $1,835,595 | $40,525,514 | $40,525,514 | D |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,194,561,680 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $10,981 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $501,853,251 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.000022 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $24,853,225 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $444,078,262 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.055966 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $4,981,698 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $422,504,222 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.011791 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $5,001,814 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $364,312,318 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.013729 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $5,002,276 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $238,813,977 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.020946 | DistributionYr5Rt |
| Total Distribution | 0.102454 | TotalDistributionRt |
| Average Distribution | 0.020491 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $1,260,086,726 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $25,820,437 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $12,089,115 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $37,909,552 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $39,981,131 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $12,089,115 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $12,089,115 | SubtotalAmt |
| Tax Based On Investment Income | $12,089,115 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $7,815,886 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $7,230,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $15,045,886 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $43 | EsPenaltyAmt |
| Overpayment | $2,956,728 | OverpaymentAmt |
| Applied To ES Tax | $2,956,728 | 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 |
| 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 |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
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 | 1.0 | $0 | $0 | $0 |
| PENELOPE P KNIGHT | |||||||||
| NIKE INC | ONE BOWERMAN DRIVE | BEAVERTON | OR | 97005 | DIRECTOR/VP | 1.0 | $0 | $0 | $0 |
| LISA MCKILLIPS | |||||||||
| NIKE INC | ONE BOWERMAN DRIVE | BEAVERTON | OR | 97005 | ASST SEC/ASST TREAS | 1.0 | $0 | $0 | $0 |
| TRAVIS A KNIGHT | |||||||||
| NIKE INC | ONE BOWERMAN DRIVE | BEAVERTON | OR | 97005 | VP/SEC/DIRECTOR | 1.0 | $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 20TH FLOOR | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94111 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Accounting fees | ServiceTypeTxt |
| Compensation | $126,080 | 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 | $417,801,167 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $32,487,594 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $828,987,103 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,279,275,864 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $1,279,275,864 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $19,189,138 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,260,086,726 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $63,004,336 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $63,004,336 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $12,089,115 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $12,089,115 | TotalTaxAmt |
| Distributable Before Adj | $50,915,221 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $50,915,221 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $50,915,221 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $39,981,131 | 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 | $39,981,131 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $12,089,115 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $27,892,016 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $50,915,221 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $21,939,438 | UndistributedIncomePYAmt |
| Prior Year1 | 2016 | PriorYear1Yr |
| Prior Year2 | 2015 | PriorYear2Yr |
| Prior Year3 | 2014 | 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 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $39,981,131 | QualifyingDistributionsAmt |
| Applied To Year1 | $21,939,438 | AppliedToYear1Amt |
| Applied To Current Year | $18,041,693 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Undistributed Income CY | $32,873,528 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| 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 |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF OREGON FOUNDATION | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1720 E 13TH AVENUE | AddressLine1Txt |
| Address Line2 | SUITE 410 | AddressLine2Txt |
| City | EUGENE | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 974032253 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | THIS GIFT HAS BEEN DESIGNATED FOR THE PHIL AND PENNY KNIGHT CAMPUS FOR ACCELERATING SCIENTIFIC IMPACT. | GrantOrContributionPurposeTxt |
| Amt | $39,936,648 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $39,936,648 | TotalGrantOrContriPdDurYrAmt |
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) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $173,831 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,767,120 | 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 | $53,088 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,194,561,680 | 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 | -$129,455 | 18 | $124,748 |
| INTEREST | 523000 | $4,189 | 14 | $2,633,966 |
| DIVIDENDS | 523000 | 14 | $13,433,083 | |
| OTHER INCOME | -$323,275 | 14 | -$349,121 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$395,453 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,213,345,307 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,212,949,854 | 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 | $1,607,755,937 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (3 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 4,935,653 SHARES OF R1 RCM STOCK | $36,745,937 | 2018-05-02 |
| 2 | 7,500,000 SHARES OF NIKE, INC. STOCK | $582,750,000 | 2018-07-16 |
| 3 | 12,000,000 OF NIKE, INC. STOCK | $988,260,000 | 2018-10-03 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $126,080 | Amt |
| Net Investment Income | $56,877 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $42,083 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | NIKE STOCK | StockNm |
| EOY Book Value | $20,863,256 | EOYBookValueAmt |
| EOYFMV | $725,052,723 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | KF INVESTORS, LP | CategoryOrItemTxt |
| Book Value | $1,372,100,609 | BookValueAmt |
| EOYFMV | $1,313,583,458 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (5 entries)
| DescDesc | AmtAmt |
|---|---|
| NON-DEDUCTIBLE EXPENSES FROM PARTNERSHIP | $108,192 |
| FMV OF SECURITIES CONTRIBUTED BY DONOR | $1,607,755,937 |
| COST OF NIKE SEC. CONTRIBUTED BY DONOR | $32,594,599 |
| COST OF SECURITIES DONATED TO U OF O FDN | $1,126,530 |
| NIKE SEC. REPORTED IN RETURN NOT IN BOOK | $56,310,696 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (10 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| WIRE TRANSFER FEES | $50 | $50 |
| BANK FEES | $450 | $450 |
| KF INVESTORS, LP - CONTRIB. | $223 | -$37 |
| KF INVESTORS, LP - PORTFOLIO | $23,245 | $23,170 |
| KF INVESTORS, LP - OTHER | $3,172,384 | $3,140,615 |
| KF INVESTORS, LP - SEC.59(E)2 | $889,502 | $696,827 |
| KF INVESTORS, LP - SEC. 179 | $7 | -$50 |
| DEDUCTIONS - ROYALTY INCOME | $13,330 | -$136,422 |
| KF INVESTORS, LP - INTEREST | $184,004 | $176,974 |
| KF INVESTORS, LP - FOREIGN TAX | $476,308 | $475,332 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| KF Investors, LP - Other Income /(Loss) | -$706,873 | -$349,121 |
| KF Investors, LP - 1231 Gain/(Loss) | -$4,707 | $124,748 |
| KF Investors, LP - Interest | $2,638,155 | $2,633,966 |
| KF Investors, LP - Dividends | $13,433,083 | $13,433,083 |
| Section 965 | $34,477 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (4 entries)
| DescDesc | AmtAmt |
|---|---|
| NON-TAXABLE INCOME FROM PARTNERSHIP | $14,891 |
| STATE TAXES WITHHELD | $22,158 |
| FMV OF NIKE SECURITIES CONTRIBUTED TO UO | $39,936,648 |
| COST OF R1 RCM STOCK | $1,835,595 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| OREGON DEPARTMENT OF JUSTICE | $2,400 | $2,400 |
| FEDERAL EXCISE TAX | $7,808,000 | |
| STATE TAXES WITHHELD | $22,158 |