Knight Enterprise Fund

The Knight Foundation is a social impact investor focused on fostering informed and engaged communities through strategic investments in journalism, the arts, and technology. It invests heavily in independent local journalism, promoting First Amendment protections and advancing media innovation to combat misinformation and improve access to reliable information. The foundation’s Knight Enterprise Fund focuses on early-stage startups in media and tech that support its mission of enhancing community engagement. Geographically, Knight Foundation operates across 26 cities in the U.S., with major initiatives in places like Miami, Detroit, and Philadelphia, where the foundation’s work began. Its investments in public spaces and community programs aim to promote inclusivity and vibrancy in these areas. Moreover, it places a strong emphasis on diversity, both in its funding decisions and in its broader goal to diversify the asset management industry. The foundation typically funds grants in journalism and the arts, with significant contributions to the growth of digital news outlets and initiatives supporting the sustainability of local media. It also leads research initiatives to monitor and assess the impact of its programs, sharing insights to guide future philanthropic investments.