GrantAuthority

Mcknight Foundation

Grantmaking foundation in Minneapolis, Minnesota · EIN 41-0754835

Grants itemized on the 990
$86MTax year 2024
Grants made
607Tax year 2024
Total assets
$2.7BLatest reported
Latest IRS filing
2024Form 990 / 990-PF

Mission

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. In 2023, GroundBreak secured nearly $1 billion in commitments to fund financial tools and products designed to close racial wealth disparities in Minneapolis- St. Paul. In future years, the coalition will focus on continuing to raise resources and to set up fully independent operations.

Quoted from the foundation's IRS filing.

Giving by year

$65M2019
$110M2020
$98M2021
$120M2022
$110M2023
$86M2024

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
United States Energy Foundation$9.6M2024
Rewiring America Inc$2M2024
Brick By Brick Training & Development Corporation$1.5M2024
Region Nine Development Commission$1.5M2024
Youthprise$1.5M2024

Amounts are rounded. The full grantee list (607 grants in 2024) is available with a free account.

Website: www.mcknight.org

See the full profile. All grants with amounts and years, board and officers, contact details, giving patterns and your organization's fit score are available with a free GrantAuthority account.

Similar foundations in Minnesota

Source: IRS Form 990 and 990-PF filings, tax year 2024. Also see this organization on ProPublica Nonprofit Explorer.