Formation | 1953 |
---|---|
Founder | William L. McKnight and Maude L. McKnight |
Legal status | 501(c)(3) organisation |
Location | |
Area served | Worldwide |
Key people | Tonya Allen, President; [1] |
Endowment | $2.5 billion USD [2] |
Website | https://www.mcknight.org/ |
The McKnight Foundation is an American Minnesota-based family foundation. Established in 1953, the McKnight Foundation maintains a $2.5 billion endowment, which it distributes in grants. In 2022, the foundation issued $120 million, supporting Minnesota cultural institutions, climate change efforts, and social justice initiatives, among other goals. [3]
The McKnight Foundation was founded in 1953 by William L. McKnight, an early leader of the 3M Corporation, and Maude L. McKnight, [4] and was independently endowed by the McKnight's. Bolstered by their estates, the foundation's assets grew substantially in the 1980s. [5]
Formation | 1953 |
---|---|
Founder | William L. McKnight and Maude L. McKnight |
Legal status | 501(c)(3) organisation |
Location | |
Area served | Worldwide |
Key people | Tonya Allen, President; [1] |
Endowment | $2.5 billion USD [2] |
Website | https://www.mcknight.org/ |
The McKnight Foundation is an American Minnesota-based family foundation. Established in 1953, the McKnight Foundation maintains a $2.5 billion endowment, which it distributes in grants. In 2022, the foundation issued $120 million, supporting Minnesota cultural institutions, climate change efforts, and social justice initiatives, among other goals. [3]
The McKnight Foundation was founded in 1953 by William L. McKnight, an early leader of the 3M Corporation, and Maude L. McKnight, [4] and was independently endowed by the McKnight's. Bolstered by their estates, the foundation's assets grew substantially in the 1980s. [5]