Open Foundations · Minnesota

Mcknight Foundation

Minneapolis, Minnesota · EIN 410754835. Its Form 990-PF says giving is not restricted to organizations picked in advance, which is how a private foundation files that it accepts unsolicited requests. It paid $107.4M across 727 grants in 2023, a median of $80K each.

All Minnesota foundations · All states

$107.4M
paid in 2023
727
grants paid
$80K
median grant
10%
to first-time recipients
$2.7B
assets on file

How to apply, as filed

Straight off Part XV of the return. Where the foundation left a line blank, this says so rather than guessing.

Send requests to
The McKnight Foundation
Address
710 South Second Street Suite 400, Minneapolis, MN, 55401
Phone
6123334220
Form the request should take
Please see the end of the return for the additional attachments containing the information for Lines 2b - 2d.
Submission deadline
See Attached
Restrictions on awards
See Attached

As filed on the Form 990-PF for tax year 2023, IRS filing object id 202423199349100607. Printed word for word, including the entries that only say to see a website or an attachment.

What it funds, in its own words

The words that come up most often across the purposes it wrote on its 2023 grants. These are the foundation's own words, not a category we assigned.

minnesotacommunityartistsclimateequitablemidwestbuildingcapacity

Biggest grants in 2023

The 15 largest of the 727 grants paid in 2023, with the purpose the foundation wrote for each.

#RecipientStateAmountPurpose as filed
1United States Energy FoundationCA$9,600,000To build and support the Midwest network of advocates in pursuit of ambitious and equitable climate action
2The Mcknight Endowment Fund for NeuroscienceMN$2,580,000For award programs supporting research in neuroscience
3Habitat for Humanity of Minnesota IncMN$2,500,000For a recoverable grant to expedite deployment of newly appropriated Homeownership Investments Grant program ($40M) and leverage expanded resources in Workforce & Affordable Homeownership Program, Challenge Program ($60M), and Housing Infrastructure Bonds
4New Venture FundDC$2,000,000To support grantmaking and technical assistance for BIPOC organizing on climate and clean energy in the Midwest
5The Minneapolis FoundationMN$2,000,000For McKnight's Donor Advised Fund
6YouthpriseMN$1,960,420For one-time strategic capital
7YouthpriseMN$1,925,000For general operating support, and one-time project support to assist Youthprise in business model planning
8Community Foundation of Jackson HoleWY$1,741,140For family-directed giving
9Minnesota Community Land Trust CoalitionMN$1,500,000To create a 0% loan fund to leverage state appropriations and support the 13 MN Community Land Trusts with acquisition, pre-development, and development costs associated with creating perpetually affordable homes across Minnesota
10Local Initiatives Support CorporationNY$1,251,460To support the operations of LISC Twin Cities
11The Mcknight Endowment Fund for NeuroscienceMN$1,100,000For award programs supporting research in neuroscience
12Build Wealth Mn IncMN$1,000,000For lending and seed capital for the 9000 Equities Targeted Mortgage Program
13Northcountry Cooperative FoundationMN$1,000,000For a recoverable grant for capital to lend to low-income communities
14Windward FundDC$1,000,000To position clean energy, low-carbon jobs, and climate-friendly agriculture practices as a primary driver of abundant, equitable job creation in rural America
15Local Initiatives Support CorporationNY$981,330To increase the availability of and access to quality affordable housing throughout the state of Minnesota

Giving by year, and who received it

Grants paid by year

Every year of this foundation's grants that Civly holds
Tax yearGrantsPaid
2020759$97.8M
2021683$100.0M
2022787$112.8M
2023727$107.4M

Where the money went

Share of 2023 grant dollars by recipient state
Minnesota64%
??7%
District of Columbia5%
New York4%
California3%

Who decides

Officers, directors and trustees as filed, with the year of the return they appeared on.

No officers or trustees are listed on the filing we hold.

Every figure on this page is that foundation's own latest filed year, which is 2022 or later. This foundation is listed because its Form 990-PF says it does not restrict giving to preselected organizations and it paid at least 5 grants totaling $100K or more that year. Latest-year grants and terms per foundation from IRS 990-PF e-file returns; the newest tax year is partial until the IRS finishes releasing it. Grants are de-duplicated on funder, year, recipient and amount, so identical repeat grants collapse into one and totals can run low. Full method.

Source: IRS Form 990-PF e-file releases (public domain). Analysis: Civly.

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