McKnight Approves Over $5.4 Million in 1st Quarter 2014 Grantmaking

Source: The McKnight Foundation 03/26/2014

(Mar. 26, 2014) - The McKnight Foundation awarded 28 grants totaling $5,440,000 in its first-quarter 2014 grantmaking. Grant totals and representative grants are available here.

Of the $5.4 million total approved, $1.1 million went to four McKnight grantees working to foster integrative planning and development that is economically efficient, environmentally sound, and socially equitable. Minneapolis Parks Foundation was awarded $150,000 over two years for general operating support; Organizing Apprenticeship Project received $100,000 over two years to support its ongoing efforts advancing racial, cultural, social, and economic justice in Minnesota; St. Paul Foundation was granted $150,000 for the Partnership for Regional Opportunity project; and the Trust for Public Land received a two-year grant of $700,000 to pursue "parks-centric" urban redevelopment that advances economic regional competitiveness.
   
"Our region's long-term economic competitiveness depends on fostering equitable opportunities to help everyone thrive," says Ted Staryk, McKnight's board chair. "McKnight is proud to support organizations like these, fostering development that works for our whole community."

Also, Phyllis Goff has joined McKnight's board of directors. From 2012-2013, Goff served as interim chief of staff at Minnesota Philanthropy Partners. Previously she worked for five years as chief of staff to the office of the president at Hamline University, and for 10 years as general manager of government relations at Qwest Communications in Minnesota. Today, Goff is highly active as a community volunteer and on the boards of many Twin Cities organizations. Also, in March, Roger Sit, CEO and Global Chief Investment Officer of Sit Investment Associates in Minneapolis, joined the Foundation's investment committee.

ABOUT THE MCKNIGHT FOUNDATION

The McKnight Foundation seeks to improve the quality of life for present and future generations through grantmaking, collaboration, and encouragement of strategic policy reform. Founded in 1953 and independently endowed by William and Maude McKnight, the Minnesota-based family foundation had assets of approximately $2 billion and granted about $86 million in 2013. Learn more at mcknight.org, and follow us on Facebook and Twitter.

Link to Source: The McKnight Foundation
Categories: Family Foundations,Grantmaking,News
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