Overview
The McKnight Foundation, based in Minneapolis, Minnesota, is a philanthropic organization with assets totaling approximately $2.66 billion. The foundation's annual expenses are around $162.8 million, with a revenue of about $106.7 million. It focuses on various subject areas, including support for adults, Asian and Black/African communities, and philanthropy. The foundation has funded projects in numerous cities across the United States and internationally, including major cities like New York, Los Angeles, and London. Its funding also extends to various states such as California, New York, and Minnesota, among others. The McKnight Foundation is committed to advancing a more just, creative, and abundant future where people and planet thrive.
Focus Areas
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Financials
in 2024, compared to $2,566,350,071 in 2023
751 grants awarded in 2024
Of total expenses go to programs
Grants
| Purpose | Location | |||
|---|---|---|---|---|
| $9,600,000 | United States Energy Foundation | to equitably decarbonize the Midwest power, transportation, and building sectors | 301 Battery St 5th Floor San Francisco, CA US | 2022 |
| $9,600,000 | United States Energy Foundation | To build and support the Midwest network of advocates in pursuit of ambitious and equitable climate ... | 301 Battery St 5th Floor San Francisco, CA US | 2023 |
| $9,600,000 | United States Energy Foundation | To build and support the Midwest network of advocates in pursuit of ambitious and equitable climate ... | 55 Second Street Suite 2400 San Francisco, CA US | 2024 |
| $3,400,000 | Youthprise | for general operating support | 3001 Broadway St NE Suite 330 Minneapolis, MN US | 2022 |
| $2,580,000 | The McKnight Endowment Fund for Neuroscience | For award programs supporting research in neuroscience | 710 Second Street South Suite 400 Minneapolis, MN US | 2024 |
| $2,500,000 | Propel Nonprofits | for the Seeding Cultural Treasures Initiative | 1 Main Street SE Suite 600 Minneapolis, MN US | 2022 |
| $2,500,000 | Youthprise | For general operating support | 3001 Broadway Street NE 330 Minneapolis, MN US | 2023 |
| $2,500,000 | Habitat for Humanity of Minnesota Inc | For a recoverable grant to expedite deployment of newly appropriated Homeownership Investments Grant... | 2171 University Ave W Suite 200 Saint Paul, MN US | 2024 |
| $2,075,000 | The McKnight Endowment Fund for Neuroscience | For an awards program supporting research in neuroscience | 710 Second Street South Suite 400 Minneapolis, MN US | 2023 |
| $2,035,000 | The McKnight Endowment Fund for Neuroscience | for an awards program supporting research in neuroscience | 710 Second Street South Suite 400 Minneapolis, MN US | 2022 |
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Compensation data from most recent available 990 forms
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on August 25, 2025