EIN 41-0754835

The McKnight Foundation

IRS 501(c) type
501(c)(3)
Num. employees
70
Year formed
1994
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The McKnight Foundation is a private foundation located in Minneapolis, MN. It was created for the purpose of the power of minnesota strategic communications project in partnership with three local organizations: seiche (communications consulting firm), The Energy Foundation, and ISEEK (a statewide workforce development organization). Last year, it made 910 grants.
Total revenues
$165,036,445
2022
Total expenses
$200,900,058
2022
Total assets
$2,566,350,071
2022
Num. employees
70
2022

Program areas at The McKnight Foundation

Groundbreak coalition: Mcknight serves as lead convenor of The groundbreak coalition, a group of over 40 corporate, civic, and philanthropic leaders committed to demonstrating that with enough resources, a racially equitable and carbon-neutral future is possible now. Groundbreak convened over 170 people in a 6 month process to identify solutions that, if implemented, would close racial wealth gaps in minneapolis-st. paul. In future years, The coalition will focus on raising enough resources to implement those solutions in our region.
2022 andes community of practice annual convening: The eighteenth annual meeting of The community of practice of The andes region (cop18) was developed as a face to face meeting after two years,between july 10th to 16th. Around 55 representatives from ccrp projects and guests from different countries participated into The cop18. The cop meeing was held in quito, ecuador.
2022 eastern-southern africa community of practice annual convening: with The general objective of advancing The cop as a recognized contributor to ae transformation in esaf, The specific objective of The cop meeting was to build networks, social capital and common understanding between all cop members; exchange The latest results and ideas on agroecology transitions in The region; understand The evolving nature of ccrp and implications for es africa reflect on The regional toc and ways it can be made more useful and contribute to continued development of The cop. The cop was help in arusha, tanzania from october 17-21,2022.
Interest earned on loans to various local nonprofit organizations to fund projects that fulfill The charitable purposes of The Foundation.
Fees for administrative services provided to support a grant program funded by The Foundation
The Foundation received tax-exempt income of $677 on passthrough investments.

Grants made by The McKnight Foundation

GranteeGrant descriptionAmount
United States Energy FoundationTo Build and Support the Midwest Network of Advocates in Pursuit of Ambitious and Equitable Climate Action$9,600,000
YouthpriseFor General Operating Support$2,500,000
The Mcknight Endowment Fund for NeuroscienceFor An Awards Program Supporting Research in Neuroscience$2,075,000
...and 711 more grants made totalling $108,646,350

Personnel at The McKnight Foundation

NameTitleCompensation
Nichol HigdonVice President of Finance and Operations$325,505
Kara CarlisleVice President of Programs / Vice President - Programs / Vice President Programs , 40 Kara Carlisle$315,401
Elizabeth McGeveranSecretary / Director of Investments / Program Director - Impact$340,956
Na EngCommunications Director / Director , Communications$218,070
Tony LusibaDirector of Information Technology
...and 16 more key personnel

Financials for The McKnight Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$107,654
Investment income and dividends$23,563,477
Net rental income$0
Net gain from sale of non-inventory assets$131,510,434
Gross sales of inventory$0
Miscellaneous revenues$10,354,880
Total revenues$165,036,445

Form 990s for The McKnight Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990PFView PDF
2021-122023-03-18990PFView PDF
2021-122022-11-14990PFView PDF
2020-122023-03-18990PFView PDF
2020-122021-11-12990PFView PDF
...and 16 more Form 990s

Organizations like The McKnight Foundation

OrganizationLocationRevenue
W.K. Kellogg Foundation (WKKF)Battle Creek, MI$396,233,731
Sherman Fairchild FoundationChevy Chase, MD$58,536,264
The JPB FoundationNew York, NY$157,991,321
Meyer Memorial Trust (MMT)Portland, OR$95,771,293
Harry & Jeanette Weinberg FoundationOwings Mills, MD$107,302,546
The Joyce FoundationChicago, IL$114,870,620
Longwood Foundation (LF)Wilmington, DE$118,173,689
Wyss FoundationWashington, DC$55,225,697
Pepsico FoundationPurchase, NY$81,826,431
Burroughs Wellcome FundResearch Triangle Park, NC$48,287,251
Data update history
January 4, 2024
Posted financials
Added Form 990PF for fiscal year 2022
January 3, 2024
Updated personnel
Identified 1 new personnel
December 25, 2023
Used new vendors
Identified 2 new vendors, including , and
June 15, 2023
Updated personnel
Identified 4 new personnel
June 14, 2023
Posted financials
Added Form 990PF for fiscal year 2021
Nonprofit Types
Grantmaking organizationsPrivate foundationsCorporate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedNational levelTax deductible donations
General information
Address
710 S 2nd St Ste 400
Minneapolis, MN 55401
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Website URL
mcknight.org/ 
Phone
(612) 333-4220
IRS details
EIN
41-0754835
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1994
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T21: Corporate foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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