Logo for "The McKnight Foundation"

The McKnight Foundation

The McKnight Foundation

Minneapolis, MN, US
501(c)(3)
EIN
41-0754835
Open for Solicitation
Private Foundation
Regional Funder
Logo for "The McKnight Foundation"

The McKnight Foundation

Minneapolis, MN, US
501(c)(3)
EIN
41-0754835
Open for Solicitation
Private Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$189,397,037

Other
84%
Investments
16%
Contributions
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$209,369,790

Grants
73%
Fees to Service Providers
16%
Salaries & Benefits
7%
Other
3%
Offices, Occupancy & IT
<1%
Depreciation
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$4,133
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$25,349,547
$29,738,054
+17%
Other
$81,397,400
$159,654,850
+96%
Total Revenues
$106,746,947
$189,397,037
+77%
Expenses
2023
2024
Change
Grants
$114,829,503
$153,191,544
+33%
Benefits to Members
$0
$0
-
Salaries & Benefits
$12,980,055
$14,404,174
+11%
Fees to Service Providers
$27,652,300
$33,557,026
+21%
Advertising & Promotion
$27,822
$22,317
-20%
Offices, Occupancy & IT
$1,325,651
$2,089,854
+58%
Interest
$0
$0
-
Depreciation
$168,043
$124,367
-26%
Other
$5,865,943
$5,980,508
+2%
Total Expenses
$162,849,317
$209,369,790
+29%
Net income
2023
2024
Change
Net income
-$56,102,370
-$19,972,753
+64%
Income Statement
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