McKnight Foundation

The McKnight Foundation is a Minnesota-based foundation that funds many programs and organizations, including numerous left-of-center advocacy groups. Among the areas the foundation invests in are the arts, education, environmentalist programs, and international development. Most of the donations to domestic programs are towards programs and initiatives in the Midwest. 1 2

At-A-Glance

Issue Areas: Multi-Issue Advocacy
Website: mcknight.org
Formation:

1974

President:

Tonya Allen

Location: Minneapolis, MN View on map
Tax ID: 41-0754835
Most Recent Filing: 2024
Budget (2024): Assets: $2,712,040,525 Revenue: $189,397,037 Expenses: $209,369,790

Contents

    Overview

    The McKnight Foundation is a grantmaking institution that funds numerous programs related towards the arts, sciences, and the environment. It is based in Minneapolis, Minnesota and has a strong Minnesota focus to its giving. The foundation was founded by William L. McKnight, a founder of the 3M Corporation, and his wife, Maude, in 1953. The foundation was endowed independently by the McKnights and has no direct ties to 3M. 3

    Beginning in 1974, William McKnight asked his only child, Virginia McKnight Binger, to lead the foundation. Binger died in 2022, and the McKnight Foundation created the “Unsung Hero Award” in her honor. 4

    As an organization, the McKnight Foundation supports the left-of-center principles of diversity, equity, and inclusion (DEI), claiming that “institutional racism and unconscious bias persist” in America. 5

    Leadership

    Tonya Allen is the president of the McKnight Foundation since 2021. 6 Prior to joining McKnight, she led the Skillman Foundation, was the executive director of the Detroit Parent Network, was a program officer at Thompson McCully Foundation and Mott Foundation, and was the director of the rebuilding communities initiative of the Warren Conner Development Coalition associated with the Annie E. Casey Foundation7 8

    Kate Wolford was president of the McKnight Foundation from 2006 through 2019. She previously worked as president of Lutheran World Relief for 13 years. 9 Wolford made $429,302 in salary and other compensation as president, according to the McKnight Foundation’s 2015 tax return. 10

    Neeraj Mehta is the vice president of programs at the McKnight Foundation. Previously, Mehta was the director of learning for the McKnight Foundation. Before joining the McKnight Foundation, he was a board member of TU Dance, Center for Economic Inclusion, and Juxtaposition Arts. 11 12

    Nichol Higdon is McKnight Foundation vice president for finance and operations. Prior to joining McKnight, she worked for local YMCA organizations in leadership positions. 13

    Elizabeth McGeveran has worked as McKnight’s director of investments since 2019. She has developed an impact investing program that the foundation asserts will achieve “net zero greenhouse gas emissions across its entire portfolio by or before 2050.” The foundation credits McGeveran with being “an early actor in developing environmental social and governance (ESG) approaches across the industry.” She is a member of the board of trustees of Boston Trust Walden, an ESG-aligned investment management firm. 14

    Programs

    The McKnight Foundation has five major program areas: arts and culture, global collaboration for resilient food systems, Midwest climate and energy, neuroscience, and vibrant and equitable communities. 1

    As part of its arts and culture program, the McKnight Foundation provides grants and fellowships to artists and supports regional arts councils and arts awards programs. In 2023, the McKnight Foundation made 154 grants of a total of $10.8 million for this program. 15

    As part of its global collaboration for resilient food systems program, the McKnight Foundation supports research and partnerships focused on increasing crop productivity and nutrients and advancing equity in food systems. In 2023, the McKnight Foundation claimed made 69 grants of a total of $9 million for this program. 16

    As part of its Midwest climate and energy program, the McKnight Foundation promotes left-of-center climate change initiatives through grants and activism. The McKnight Foundation claims its focus on greenhouse gas emissions is part of its “pursuit of equity and justice bolstered by a healthy democracy.” In 2023, the McKnight Foundation made 141 grants of a total of $32 million for this program. 17

    As part of its neuroscience program, the McKnight Foundation provides annual awards to researchers treating diseases like Alzheimer’s and Parkinson’s. The foundation states it is focused on “increasing the inclusivity of our selection of awardees.” 18

    As part of its “vibrant and equitable communities program,” the McKnight Foundation claims to advocate on economic mobility, generational wealth building, housing, and civic engagement among racial minorities in Minnesota. In 2023, the McKnight Foundation made 151 grants of a total of $32 million for this program. 19

    In 2025, the McKnight Foundation joined a coalition of groups to launch The Courage Project, a national initiative recognizing “everyday acts of civic bravery” by individuals and nonprofit organizations across the United States. The project was established with an initial $5 million commitment and provides awards ranging from $10,000 to $50,000 to support grassroots civic engagement efforts.20

    Financials

    According to tax filings, in 2023 the McKnight Foundation reported $106,746,947 in income, $162,849,317 in expenses, and $2,661,443,888 in assets. 2

    Notable grants made that year include $250,000 to Aeon, $244,000 to the Alliance of Artists Communities, $300,000 to the Center for Energy and Environment, $400,000 to the Center for Economic Inclusion, $1,741,140 for the Community Foundation of Jackson Hole, $842,000 to Fresh Energy, $600,000 to the Great Plains Institute for Sustainable Development, $500,000 to the Headwaters Foundation for Justice, $3,000,000 for Habitat for Humanity of Minnesota, $200,000 for Inclusive Prosperity Capital, $2,650,000 for New Venture Fund, and $301,000 for the Sierra Club Foundation. 2

    The foundation has previously given grants to  the Tides Foundation, the Tides Center, and the Union of Concerned Scientists. 21

    Financial Statistics

    Total Assets

    Total Revenue

    Total Expenses

    YearTotal AssetsTotal RevenueTotal ExpensesFiling
    2024 $2,712,040,525 $189,397,037 $209,369,790 View
    2023 $2,661,443,888 $106,746,947 $162,849,317 View
    2022 $2,566,350,071 $165,036,445 $200,900,058 View
    2021 $3,199,348,023 $364,557,003 $177,049,148 View
    2020 $2,844,919,359 $132,141,977 $123,681,045 View

    Prior year filings: 2015, 2014, 2013, 2012, 2011

    Expenses Detail

    Employee Compensation

    Highest Earning Employees

    EmployeeTitleTotal Compensation
    Tonya AllenDirector, President$739,674
    Elizabeth McGeveranVP of Investments$432,136
    Nichol HigdonSecretary, VP of Fin & Ops$394,031
    Neeraj MehtaVP of Programs$327,527
    Stephanie DuffyDir Grants &Prog Ops$251,513
    Jacques HebertComms Director$245,899
    Cedrick BakerChief of Staff$243,379
    Tamara WallaceAssistant Secretary$123,127
    Theodore StarykDirector, Board Chair$35,000
    John A PowellDirector$31,250
    Erika BingerDirector, Treasurer$25,000
    Noa StarykDirector$25,000
    Karen ColemanDirector$25,000
    Dana AndersonDirector$25,000
    Kathy TunheimDirector, Board Vice Chair$25,000
    Luther M RaginDirector$25,000
    Meghan BrownDirector$25,000
    Perry MorieartyDirector$25,000
    Duchesne DrewDirector$25,000
    Roger SitInvestment Committee$10,000
    Michael BarryInvestment Committee$10,000
    Roy SwanInvestment Committee$10,000

    Grant Activity

    All-time grants received statistics from Candid dataset:

    • Total Grant Value: $51,759,876
    • Number of Grants: 4
    • Number of Funders: 3

    Selection of highest value grants received from the last seven years:

    AmountYearFunderSubject
    $45,0002024 Entertainment 2 Affect ChangeDEVELOPMENT OF INDIGENOUS FOOD DOCUMENTARY SERIES

    All-time grants given statistics from Candid dataset:

    • Total Grant Value: $1,997,884,533
    • Number of Grants: 8,269
    • Number of Recipients: 2,010

    Selection of highest value grants given from the last seven years:

    AmountYearFunderSubject
    $38,000,0002022 The Mcknight Endowment Fund for Neurosciencefor award programs supporting research in neuroscience
    $19,200,0002024 United States Energy Foundationto equitably decarbonize the Midwest by supporting powerful and inclusive coalitions with the ability to transform markets and the economy through state action in seven states
    $19,200,0002022 United States Energy FoundationTo build and support the Midwest network of advocates in pursuit of ambitious and equitable climate action
    $18,000,0002025 Minneapolis Foundationfor the GroundBreak Coalition special purpose fund
    $10,000,0002024 Northside Funders Groupfor the GroundBreak Coalition special purpose fund
    $9,600,0002021 Energy Foundation ChinaTo equitably decarbonize the Midwest power, transportation, and building sectors
    $8,700,0002020 Energy Foundation ChinaTo accelerate decarbonization of the Midwest power, transportation, and buildings sectors
    $4,925,0002023 YOUTHPRISEfor general operating support, and one-time project support to assist Youthprise in business model planning
    $4,000,0002024 Climate and Clean Energy Equity Fundfor general operating support – to provide funding and technical assistance to multi-issue organizations based in communities of color to enable them to engage effectively in climate justice and clean energy policy.
    $4,000,0002024 Rewiring Americato advance equitable electrification in the Midwest through place-based demonstration projects and policy development
    $4,000,0002022 New Venture FundTo support grantmaking and technical assistance for BIPOC organizing on climate and clean energy in the Midwest
    $4,000,0002021 Fresh EnergyTo move Minnesota and the Midwest toward dramatic near-term reductions in carbon pollution through equity-centered policy work, partnerships, and innovation
    $3,500,0002025 Greater Minnesota Housing FundExpand Capital and Project Pipelines
    $3,500,0002023 Greater Minnesota Housing Fundfor general operating support to support capital absorption strategies in rural, local, and native communities statewide, and to advance climate-friendly strategies among MN's affordable housing field
    $3,000,0002025 Family Housing FundEnhance the Enabling Environment for Housing
    $3,000,0002023 Family Housing Fundfor general operating support to build a housing system that ensures equitable housing access, stability, and affordability for the Twin Cities region
    $3,000,0002020 Initiative FoundationFor general operating support
    $3,000,0002020 Northwest Minnesota FoundationFor general operating support
    $3,000,0002020 Southern Minnesota Initiative FoundationFor general operating support
    $2,600,0002024 Fresh Energyto move Minnesota and the Midwest toward dramatic near-term reductions in carbon pollution through equity-centered policy and implementation work, partnerships, communications, and innovation
    $2,600,0002023 Local Initiatives Support Corporationto support the operations of LISC Twin Cities
    $2,500,0002025 Local Initiatives Support Corporation (lisc)Expand Investment to Minnesota's CDFI and Capital Providers
    $2,500,0002025 Minneapolis Foundationto support environmental justice and frontline-led organizations and coalitions in the Midwest for movement protection and long-term stability
    $2,500,0002023 Habitat for Humanity of Minnesota Incfor a recoverable grant to expedite deployment of newly appropriated Homeownership Investments Grant program ($40M) and leverage expanded resources in Workforce & Affordable Homeownership Program, Challenge Program ($60M), and Housing Infrastructure Bonds
    $2,500,0002022 Initiative FoundationFor general operating support

    References

    1. “Programs.” McKnight Foundation. Accessed May 30, 2025. https://www.mcknight.org/programs/.
    2. The McKnight Foundation. Return of an Organization Exempt from Income Taxes (990-PF). 2023.
    3. McKnight Foundation. “Strategic Framework .” McKnight Foundation. Accessed April 27, 2022. https://www.mcknight.org/wp-content/uploads/mcknight-strategic-framework.pdf.
    4. “History.” McKnight Foundaiton. Accessed May 30, 2025. https://www.mcknight.org/about/history/.
    5. “Diversity. Equity and Inclusion Statement.” McKnight Foundation. Accessed May 30, 2025. https://www.mcknight.org/about/diversity-equity-and-inclusion-statement/.
    6. “Tonya Allen.” McKnight Foundation, March 27, 2022. https://www.mcknight.org/person/tonya-allen/.
    7. “Tonya Allen.” Skillman Foundation, February 15, 2021. https://www.skillman.org/people/tallen/.
    8. “Tonya Allen.” LinkedIn. Accessed May 30, 2025. https://www.linkedin.com/in/tonya-allen-a450614/details/experience/.
    9. “Kate Wolford Biography.” McKnight Foundation, February 18, 2021. https://www.mcknight.org/news-ideas/kate-wolford-biography/.
    10. The McKnight Foundation, Return of a Private Foundation (Form 990-PF), 2015, Statement 17
    11. “Staff & Board.” McKnight Foundation. Accessed May 30, 2025. https://www.mcknight.org/about/staff-board/.
    12. “Neeaj Mehta (He/Him).” LinkedIn. Accessed May 30, 2025. https://www.linkedin.com/in/neeraj-mehta-5204a823/.
    13. “Nichol Higdon.” McKnight Foundation, March 2, 2020. https://www.mcknight.org/person/nichol-higdon/
    14. “Elizabeth McGeveran.” McKnight Foundation, October 15, 2021. https://www.mcknight.org/person/elizabeth-mcgeveran/.
    15. “Arts & Culture.” McKnight Foundation. Accessed May 30, 2025. https://www.mcknight.org/programs/arts-culture/.
    16. “Global Collaboration for Resilient Food Systems.” McKnight Foundation. Accessed May 30, 2025. https://www.mcknight.org/programs/global-foods/.
    17. “Midwest Climate & Energy.” McKnight Foundation. Accessed May 30, 2024. https://www.mcknight.org/programs/midwest-climate-energy/.
    18. “The McKnight Endowment Fund for Neuroscience.” McKnight Foundation. Accessed May 30, 2025. https://www.mcknight.org/programs/the-mcknight-endowment-fund-for-neuroscience/.
    19. Vibrant & Equitable Communities.” McKnight Foundation. Accessed May 30, 2025.  https://www.mcknight.org/programs/vibrant-and-equitable-communities/.
    20. Matthiessen, Connie. “Big Funders Take a Symbolic Stand through the Courage Project.” Inside Philanthropy, June 30, 2025. https://www.insidephilanthropy.com/home/big-funders-take-a-symbolic-stand-through-the-courage-project. 
    21. “Mcknight Foundation”. 2018. Activist Facts. Accessed October 6. https://www.activistfacts.com/foundation/97-McKnightFoundation/.