Overview
What is Knox College?
Knox College is a higher education institution located at 2 East South Street, Galesburg, Illinois, with a population of approximately 1,140 students. Founded in 1837, it was one of the first colleges in the US to welcome women and people of color. Its mission transcends education by fostering a diverse and inclusive learning environment rooted in free inquiry, independent thought, and various perspectives. The college's curriculum, unique campus culture, and community challenge students to broaden their horizons and develop their intellect and talents. Knox College's faculty encourages students to explore ideas and places, blend thought with action, and fuse imagination with initiative. The student body consists of individuals from various backgrounds, with 25% being US students of color and representing 48 states and 51 countries. With a workforce of 1,221 employees, the institution is dedicated to providing a liberal arts education to students from diverse backgrounds.
Official website here: www.knox.edu
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
Knox College has received a Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The score of 96% reflects strong performance across various metrics, particularly in accountability and finance, which is vital for donor confidence and support.
The organization showcases a robust governance structure with a majority independent board and comprehensive policies in place, such as conflict of interest and whistleblower protections. The financial oversight is commendable, with no material diversion of assets reported and a significant percentage of expenses directed towards programs, demonstrating effective resource management.
However, while the financial metrics are impressive, the summary does not provide insights into the impact of the college's programs or community engagement efforts. This lack of information on programmatic outcomes may be a consideration for potential donors seeking to understand the broader impact of their contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Knox College legitimate?
Knox College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Knox College submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $2,306,698
Professional Fundraising Fees: $0
Other Salaries and Wages: $24,302,029
For more financial information, click here
Official website here: www.knox.edu
What is the mission statement of Knox College?
Knox College is committed to providing a liberal arts education to students from diverse backgrounds. This mission is executed through the curriculum, the character of the learning environment, the residential campus culture, and the community. Knox College fosters an environment of free inquiry, independent thought, and diverse perspectives. Students are encouraged to explore ideas and places, develop their intellect and talents, and blend thought with action. Founded in 1837, Knox was one of the first colleges in the United States to admit both women and people of color. With a student body consisting of individuals from 48 states and 51 countries, 25% U.S students of color, and individuals from various religious and socioeconomic backgrounds, members of the Knox community are challenged to broaden their viewpoints. Knox College transforms lives (approximately 1,140 students).
Official website here: www.knox.edu
What is the revenue of Knox College?
Knox College's revenue in 2024 was $97,565,022.
Official website here: www.knox.edu
Who are the executives of Knox College and what are their salaries?
The average compensation at Knox College during 2024 was $19,623. There are 1356 employees and 585 volunteers at Knox College.
Here are 52 key members and their salaries:
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- Compensation: $143,241
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- Compensation: $106,391
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- Other: $36,520
- Compensation: $110,226
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- Other: $20,089
- Compensation: $112,901
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- Other: $13,720
Official website here: www.knox.edu
Where can I find the form 990 for Knox College?
Knox College's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.knox.edu
Learn more at the official website: www.knox.edu
Mission Statement of Knox College
Knox College, a renowned institution dedicated to higher education, is committed to providing a liberal arts education to students from diverse backgrounds. The organization's mission is carried out through various means, including its curriculum, the character of its learning environment, its residential campus culture, and its community. Knox College fosters an atmosphere of free inquiry, independent thought, and diverse perspectives. Students are encouraged to explore ideas and places, challenge their intellect and talents, blend thought with action, and fuse imagination with initiative.
Founded in 1837 by social reformers strongly opposed to slavery, Knox College was one of the first colleges in the United States open to both women and people of color. At the campus, Abraham Lincoln denounced slavery on moral terms for the first time during the 1858 Lincoln-Douglas debate. Today, the student body of Knox College includes individuals from 48 states and 51 countries, 25% of whom are U.S. students of color, and members from every imaginable religious and socioeconomic background. Members of the Knox College community are actively challenged to broaden their points of view.
Knox College's curriculum is designed to foster a well-rounded education, providing students with a strong foundation in the liberal arts. The college's learning environment is characterized by small classes, enabling personalized attention from dedicated scholars and teachers. The residential campus culture fosters a strong sense of community, where students from diverse backgrounds live, learn, and grow together. The Knox College community is a vibrant and dynamic place, where students are encouraged to explore their interests, challenge their assumptions, and engage with the world around them.
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Impact
October, 2024
Knox College makes a significant impact by providing a transformative liberal arts education to students from diverse backgrounds. Its curriculum and learning environment emphasize free inquiry, independent thought, and the exploration of diverse perspectives. Founded in 1837 by social reformers who opposed slavery, Knox has a rich legacy of inclusivity, having been among the first colleges in the U.S. to welcome women and people of color.
The college fosters a culture where students can choose their educational paths, guided by dedicated faculty who encourage intellectual exploration and the blending of thought with action. This approach not only stretches students' talents but also nurtures creativity and initiative. Knox College enriches its community with a vibrant student body from 48 states and 51 countries, including a significant percentage of students of color, thereby enhancing the learning experience through varied backgrounds and viewpoints.
The residential campus allows for a close-knit community where ideas are freely exchanged, ensuring that students are continually challenged to broaden their perspectives. Notably, Knox has historical significance, as it was here that Abraham Lincoln first denounced slavery on moral grounds during the 1858 Lincoln-Douglas debate. This blend of historical and educational impact makes Knox College a vital institution for personal and societal change, demonstrating its ongoing commitment to empowering students to become thoughtful leaders.
This information is meant to be a general summary of Knox College. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $3,424,703
- Program Service Revenue: $62,546,329
- Gross Receipts: $134,790,041
Assets and Liabilities:
- Total Assets: $266,274,982
- Total Liabilities: $54,295,833
- Net Assets: $211,979,149
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$53,417,132
AUXILIARY ENTERPRISES - PROGRAM
Revenue
$9,111,603
AUXILIARY ENTERPRISES - CATERING
Revenue
$17,594
Organization Details
Founding Year
1837
Principal Officer
C Andrew Mcgadney
Website
www.knox.eduNTEE Category
Code: B420 - Education
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