The McKnight Foundation Approves Over $14 Million in 4th Quarter 2013 Grantmaking

Source: The McKnight Foundation 01/15/2014

(Jan. 15, 2014) - The McKnight Foundation awarded 117 grants totaling $14,677,000 to 110 organizations in its fourth-quarter 2013 grantmaking. Grant totals and representative grants are available here.

Of the $14.6 million total approved, $550,000 went to three McKnight grantees working to increase the percentage of Twin Cities metro area students reading at grade level by the end of third grade. Minneapolis' Greater Twin Cities United Way was awarded $100,000 to support Generation Next, a community-wide partnership committed to working together to end Minnesota's achievement gap; the Northside Achievement Zone, also in Minneapolis, received $250,000 over two years to continue pursuing its goal of ending poverty on the north side of the city through education, housing stability, and economic self-sufficiency; and Educators for Excellence, a New York-based, teacher-led organization which recently opened a Minnesota chapter, received $200,000 over two years for its efforts to transform the teaching profession and educational outcomes for students   

"An ever-growing body of empirical data shows that the ability of third-graders to read at grade level is a powerful indicator of high school graduation and post-secondary success." says Ted Staryk, McKnight's board chair. "McKnight is proud to support the organizations, researchers, and teachers who are working to help our children achieve that goal."

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.

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