Mcknight Foundation is located in Minneapolis, MN. The organization was established in 1994. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2019, Mcknight Foundation generated $102.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (17.5%) each year. All expenses for the organization totaled $127.4m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Mcknight Foundation has awarded 1,224 individual grants totaling $131,100,017. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE POWER OF MINNESOTA STRATEGIC COMMUNICATIONS PROJECT WAS CREATED IN PARTNERSHIP WITH THREE LOCAL ORGANIZATIONS: SEICHE (COMMUNICATIONS FIRM), CREDO NONFICTION (VIDEOGRAPHER), AND THE CLEAN ENERGY RESOURCE TEAMS (NONPROFIT GRANTEE). AN ONGOING PROJECT, THE POWER OF MINNESOTA WILL DISTRIBUTE THROUGHOUT THE STATE SHORT VIDEOS OF LOCAL SOLAR AND WIND PROJECTS AND FEATURE THE VOICES OF FARMERS/LANDOWNERS, SOLAR AND WIND DEVELOPERS AND INSTALLERS, CITY AND COUNTY ADMINISTRATORS, UTILITIES, AND OTHER COMMUNITY MEMBERS. IN ADDITION TO THE SHORT DIGITALLY DISTRIBUTED VIDEOS AND AN 18-MINUTE DOCUMENTARY, WHICH AIRED ON PIONEER PUBLIC TELEVISION, THE PROJECT INCLUDES IN-DEPTH CONVERSATIONS ORGANIZED IN SPECIFIC COMMUNITIES IN GREATER MINNESOTA THAT WILL USE THE SHORT VIDEOS AS A WAY TO SPARK DISCUSSIONS ABOUT THE BENEFITS OF CLEAN ENERGY FOR LOCAL ECONOMIC DEVELOPMENT.
2019 ANDES COMMUNITY OF PRACTICE (COP) ANNUAL CONVENING: NEARLY 70 PARTICIPANTS OF THE 15TH ANNUAL COP MEETING GATHERED JULY 8-12, 2019 IN PUEMBO, ECUADOR. AS A CELEBRATION OF THE COP'S FIFTEEN ANNIVERSARY, THE OVERALL AIM OF THE MEETING WAS TO GENERATE AND SHARE KNOWLEDGE AMONG THE GROUP RELATED TO THEIR SPECIFIC WORK, THEIR COLLABORATIONS, AND THE BROADER SYSTEM OF AGRICULTURE RESEARCH AND DEVELOPMENT IN THE ANDES REGION. THE GROUP ALSO EMBARKED ON AN IMMERSIVE FIELD VISIT, AND THEY ENGAGED IN COP PLANNING FOR THE UPCOMING YEAR.
2019 EAST & SOUTHERN AFRICA COMMUNITY OF PRACTICE ANNUAL CONVENING: THIS YEAR MARKED THE FIRST COMBINE GRANTEE CONVENING OF THE FORMER EAST & HORN OF AFRICA AS WELL AS THE FORMER SOUTHERN AFRICA COPS. THE COMMUNITY OF PRACTICE MEETING TOOK PLACE IN SEPTEMBER 30-OCTOBER 3 IN LILONGWE, MALAWI, WITH MORE THAN 70 PEOPLE IN ATTENDANCE. THE OBJECTIVES OF THE CONVENING WERE TO HELP BUILD THE MERGED COP, TO IDENTIFY COMMON INTERESTS AND PRACTICES, TO ADVANCE THINKING AND ACTION ON AGROECOLOGICAL INTENSIFICATION, AND TO ADVANCE THINKING AND ACTION ON FRNS AND INVOLVEMENT OF FARMERS. PARTICIPANTS PREPARED 27 PRESENTATIONS COVERING THEMATIC AREAS OF FRN PROCESSES AND CROP IMPROVEMENT, PESTS AND DISEASE MANAGEMENT, AND SOIL HEALTH AND SYSTEMS DIVERSIFICATION. THE MEMBERS OF THE COP ALSO ENGAGED IN PLANNING FOR THE UPCOMING YEAR, INCLUDING HOW TO INCORPORATE FAO AGROECOLOGY ELEMENTS INTO THEIR WORK.
2019 WEST AFRICA COMMUNITY OF PRACTICE ANNUAL CONVENING: THE OVERALL GOAL OF THE ANNUAL WEST AFRICA COP CONVENING WAS TO LEVERAGE SYNERGY OPPORTUNITIES AMONG PROJECTS, AND STRENGTHEN THE LEARNING, NETWORK BUILDING, COLLECTIVE ACTION, AND COHERENCE OF THE COP. HELD IN BAMAKO, MALI ON FEBRUARY 25-28, 2019, THE MEETING ENGAGED NEARLY 60 CCRP GRANTEES, PARTNERS, RESOURCE TEAMS, AND STUDENTS. PARTICIPANTS EMBARKED ON DISCUSSIONS TO GAIN CLARITY ABOUT THE RELATIONSHIP BETWEEN AGROECOLOGICAL INTENSIFICATION (AEI) AND FARMER RESEARCH NETWORKS. THEY ALSO INVITED STUDENTS TO PRESENT DURING SCIENTIFIC SEMINARS, AND THEY SHARED HIGHLIGHTS FROM THE VARIOUS GRANT PROJECTS, INCLUDING FARMER-FRIENDLY DATA VISUALIZATION AND COMMUNICATION OF RESULTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Director | 5 | $22,000 | |
Elizabeth Mcgeveran Dir Of Investments | 40 | $310,911 | |
Kara Carlisle VP - Programs | 40 | $299,628 | |
Na Eng Dir, Communications | 40 | $200,486 | |
Stephanie Duffy Dir Grants Info Mgmt | 40 | $192,800 | |
Aimee Witteman Dir, Midwest Climate | 40 | $186,645 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Goldman Sachs Asset Management Lp | 12/30/19 | $480,000 |
Cornell University | 12/30/19 | $492,635 |
Cbli Centre Limited | 12/30/19 | $332,180 |
Mercer Investment Consulting | 12/30/19 | $440,000 |
Mellon Capital Management Corporation | 12/30/19 | $953,846 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $5,000 |
Interest on Savings | $2,310,663 |
Dividends & Interest | $31,764,399 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $68,242,062 |
Capital Gain Net Income | $70,800,093 |
Net ST Capital Gain | $0 |
Income Modifications | $71,625 |
Profit on Inventory Sales | $0 |
Other Income | -$252,346 |
Total Revenue | $102,069,778 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $1,183,657 |
Other employee salaries and wages | $5,292,487 |
Pension plans, employee benefits | $2,032,812 |
Interest | $0 |
Taxes | $4,932,249 |
Depreciation | $140,464 |
Occupancy | $1,251,480 |
Travel, conferences, and meetings | $1,376,294 |
Printing and publications | $102,113 |
Other expenses | $1,737,807 |
Total operating and administrative expenses | $40,211,999 |
Contributions, gifts, grants paid | $87,233,732 |
Total expenses and disbursements | $127,445,731 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $510,192 |
Savings and temporary cash investments | $142,333,181 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $326,835 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $898,890,335 |
Net Land, buildings, and equipment | $716,943 |
Other assets | $26,908,350 |
Total assets | $2,552,879,588 |
Accounts payable and accrued expenses | $2,483,478 |
Grants payable | $63,939,814 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $91,526,979 |
Total liabilities | $157,950,271 |
Over the last fiscal year, Mcknight Foundation has awarded $131,100,017 in support to 1,224 organizations.
Grant Recipient | Amount |
---|---|
San Francisco, CA PURPOSE: TO SUPPORT CLEAN ENERGY AND CLIMATE POLICIES IN THE MIDWEST, AND FOR MIDWESTERN PARTICIPATION IN THE 2019 TRANSPORTATION ELECTRIFICATION ADVOCATES MEETING | $7,025,000 |
Minneapolis, MN PURPOSE: FOR GENERAL OPERATING SUPPORT | $4,000,000 |
Minneapolis, MN PURPOSE: FOR GENERAL OPERATING SUPPORT | $3,175,000 |
St Paul, MN PURPOSE: FOR GENERAL OPERATING SUPPORT | $2,561,500 |
Minneapolis, MN PURPOSE: FOR GENERAL OPERATING SUPPORT | $2,000,000 |
Minneapolis, MN PURPOSE: FOR GENERAL OPERATING SUPPORT | $1,887,500 |
Over the last fiscal year, we have identified 1 grants that Mcknight Foundation has recieved totaling $4,779,014.
Awarding Organization | Amount |
---|---|
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: AGRICULTURAL DEVELOPMENT | $4,779,014 |
Organization Name | Assets | Revenue |
---|---|---|
Mcknight Foundation Minneapolis, MN | $2,552,879,588 | $102,069,778 |
United Health Foundation Minnetonka, MN | $57,475,923 | $75,424,007 |
Rockwell Automation Charitable Corporation Milwaukee, WI | $4,680,261 | $1,577,546 |
The Green Fern Foundation Minneapolis, MN | $110,484,782 | $388,124 |
Telligen Community Initiative West Des Moines, IA | $42,421,408 | $2,397,853 |
Tischer Creek Duluth Buildingcompany Duluth, MN | $17,869,060 | $1,929,351 |
Stepping Stones Of Dunn County Inc Menomonie, WI | $1,220,332 | $2,369,541 |
Campbell Foundation Minneapolis, MN | $4,331,502 | $568,090 |
Cla Foundation Minneapolis, MN | $704,657 | $1,180,161 |
The Scott Richards North Star Charitable Foundation Minneapolis, MN | $0 | $477,818 |
Black Hills Corporation Foundation Rapid City, SD | $5,064,786 | $846,071 |
Highlands Foundation Inc Madison, WI | $22,622,565 | $1,292,477 |