Logo for "The McKnight Foundation"

The McKnight Foundation

The McKnight Foundation

Minneapolis, MN, US
•
501(c)(3)
•
EIN
41-0754835
•
https://www.mcknight.org/
•
Open for Solicitation
Private Foundation
Regional Funder
Logo for "The McKnight Foundation"

The McKnight Foundation

Minneapolis, MN, US
•
501(c)(3)
•
EIN
41-0754835
•
https://www.mcknight.org/
•
Open for Solicitation
Private Foundation
Regional Funder
Overview
Programs
990s
Income Statement
Balance Sheet
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Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$2,712,040,525

Investments
95%
Other Assets
3%
Cash & Equivalents
1%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$127,640,615

Grants Payable
73%
Payables & Accruals
20%
Other Liabilities
6%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Tax-Exempt Bond Liabilities
N/A
Custodial & Escrow Liabilities
N/A
Assets
2023
2024
Change
Cash & Equivalents
$20,152,984
$38,877,565
+93%
Receivables (Non-Related)
$0
$0
-
Related-Party Receivables
$0
$0
-
Inventories
$0
-
-
Prepaid Expenses
$85,526
$92,082
+8%
Investments
$2,595,281,584
$2,570,491,831
-1%
Property, Plant, & Equipment (net)
$664,699
$18,096,300
+2622%
Other Assets
$45,259,095
$84,482,747
+87%
Total Assets
$2,661,443,888
$2,712,040,525
+2%
Liabilities
2023
2024
Change
Payables & Accruals
$3,099,461
$26,115,970
+743%
Grants Payable
$85,376,256
$93,398,180
+9%
Deferred Revenue
$0
-
-
Tax-Exempt Bond Liabilities
N/A
N/A
N/A
Custodial & Escrow Liabilities
N/A
N/A
N/A
Notes Payable / Debt (Non-Related)
$0
$0
-
Related-Party Payables
$0
$0
-
Other Liabilities
$8,081,096
$8,126,465
+1%
Total Liabilities
$96,556,813
$127,640,615
+32%
Net assets
2023
2024
Change
Restricted Net Assets
$0
-
-
Unrestricted Net Assets
$2,564,887,075
$2,584,399,910
+1%
Net assets
2023
2024
Change
Net assets
+$2,564,887,075
+$2,584,399,910
+1%
Balance Sheet
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