McKnight Approves $20 Million in 4th Quarter 2015 Grantmaking

Monday, January 11, 2016

McKnight’s grantmaking in 2016 is slated to total roughly $86 million across all programs, on par with recent years. Across the board, we plan to hold steady our support for all current programs. The Foundation’s endowment now sits at just over $2.1 billion.

The McKnight Foundation awarded 128 grants totaling $20,830,000 to 120 organizations in its fourth-quarter 2015 grantmaking. (The following is a partial list of grants approved this quarter. Information about the full slate of quarterly grants is available here.)

Of the $20 million total approved, $1.34 million went to the following six McKnight grantees working to foster and support Midwest climate and energy leadership, the goal of our Midwest Climate & Energy program.

The Center for Energy and Environment (Minneapolis) received $55,000 over six months to develop and evaluate energy efficiency options for the Destination Medical Center project in Rochester, MN; Clean Energy Trust (Chicago) received a one-year grant of $200,000 to conduct a 12-state Midwest clean energy jobs study to tell the story of this growing sector as it contributes to the economies and environmental health of the region; Environmental and Energy Study Institute (D.C.) received a two-year grant of $150,000 to partner with cooperative and municipal utilities in Minnesota and Iowa to offer on-bill financing for energy efficiency and renewable energy, allowing customers to pay for these improvements through loans tied to their energy bills; Institute for Local Self-Reliance (Minneapolis) received a one-year grant of $50,000 to work with the City of Minneapolis’ Clean Energy Partnership to establish implementation plans and performance targets to ensure alignment with the city’s Climate Action Plan and 2040 Energy Vision; The Nature Conservancy (Arlington, VA) received $300,000 over two years to support its "50-State Climate Strategy" effort in Iowa and Wisconsin; and the University of Minnesota Foundation (Minneapolis) received two grants: $240,000 over two years to scale up the clean energy deployment work of "Clean Energy Resource Teams," and $350,000 over nine months to support the pre-design of a district energy system in Minneapolis' University Avenue District. (The final grant listed is structured as cross-program support with McKnight's Region & Communities grantmaking program.)

"We can and must act quickly to preserve our planet for ourselves and for future generations," says Meghan Binger Brown, McKnight's board chair. "By focusing on smart, local climate solutions, organizations like these work hard to keep our air and water clean and protect the health and well-being of our families."