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McKnight Foundation

 

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Organization Information


Organization: McKnight Foundation

Sector: Foundation

Organization Mission: The McKnight Foundation’s Impact Investing program is working to align our endowment with our grantmaking. With $200 million — 10% of the $2 billion endowment — the Foundation will make prudent investments that: Accelerate the growth of a cleaner, low-carbon economy. Contribute to a thriving, sustainable metro area. Restore water quality and resilience of the Mississippi River. We are also driving change through the main body of our endowment through fund manager assessment and a new low-carbon investment

Website

The McKnight Foundation is unusual in being one of the country's largest foundations while remaining anchored in one state and still under the direction of the family board.

Program interests include regional economic and community development, Minnesota’s arts and artists, early literacy, youth development, Midwest climate and energy, Mississippi River water quality, neuroscience research, international crop research, and rural livelihoods. Our primary geographic focus is the state of Minnesota, with significant support also directed to strategies throughout the U.S. and in Africa, Southeast Asia, and Latin America.

Founded in 1953 and independently endowed by William and Maude McKnight, the foundation had assets of approximately $2.2 billion and granted about $88 million in 2014.

 

 


Related News and Status


 

Status Reports / News 
Related PlanScape Status on: Sustainability, STEM, Technology Enablement

Key reports on: McKnight Foundation


March 20, 2024: NIH Community Engagement Alliance Consultative Resource

We invite community organizations and partners who expressed interest in the Community Partnerships to Advance Science for Society (ComPASS) initiative to participate at no cost in several opportunities hosted by CEACR.

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February 21, 2024: Mayo Clinic Bold Forward Unbound
Bold Forward Announcements

Video Mayo CEO

Mayo News June 2023

Related News: Community Reactions ; City of Rochester Support of Bold (2/1/2024)

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February 07, 2024: DMC's BioRoch effort to Collaborate with MN MedTech 3.0

DMCC Board Updates:

1. Feb 2024 DMCC Board Meeting: Video Clip of Discussion at Feb 1 2024 DMCC Board - DMC part of MedTech 3.0; Memo to DMCC

2. Nov. 2023 Video Clip of Discussion at DMCC Board Meeting about MN MedTech 3.0 Description and Webinar

References: US DEA Tech Hub Awardees 

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February 01, 2024: Ignite Cup 2024

The Ignite Cup is a startup competition to connect and grow our entrepreneurial ecosystem. The winner of our pitch competition will be a guaranteed semi-finalist at the MN Cup.

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December 13, 2023: 2H 2023 Destination Medical Center (DMC) Meeting Informaiton

November DMCC Meeting Info 

September DMCC Meeting Info

May DMCC Meeting Info 

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December 08, 2023: Mobility Updates
October 23, 2023 City Council Study Session 

May 2022; February 2022 and November 2021 Rapid Transit Updates and Upcoming milestones presented to DMCC. 

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November 30, 2023: Discovery Square Shared Lab Infastructure
A shared lab space for a community of like-minded entrepreneurs associated with one or more academic research partners

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November 30, 2023: BIPOC Cohort Winter Food Drive
BIPOC Cohort Winter Food Drive on behalf of LifeGate Services. 

 

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November 10, 2023: CMRC Community Health Collaboraton Portal Application to Mayo Social Impact Grant
1. CMRC proposal was not selected for funding 2023-11-10 but it did receive strong consideration from Mayo social impact review panel. 

2. Community Health Collaboration Portal has been selected to second round and pitched to Mayo panel 2023-10-24. Pitch format to follow Mayo Clinic's Walleye Tank style. 

3. August CMRC meeting video recording

4. CMRC Coalition's submission to Mayo Social Innovation Grant: Proposal details and letters of support.

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November 05, 2023: Mayo Clinic part of new nationwide health innovation network

1. The Mayo Clinic Platform is one of more than a dozen initial spokes of that network. Dr. John Halamka, president of the Mayo Clinic Platform, said it was chosen for its work using data and augmented intelligence to help find cures for patients.

2. Who's who in charge of Mayo Clinic Platform

3, Federal ARPA-H Info

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October 23, 2023: CMRC Support of Formation of a BioRochester Consortium
1. October 23, 2023 EDA Tech Hubs Awardees Announcement

2. Video Clip from CMRC August Mtg; CMRC Letters of Support; References: BioRochester Review meeting video; Summary of Draft 3 BioRochester Plan, and Final Grant Submission

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October 01, 2023: Destination Medical Center 3Q 2023 Reports
1. September 2023 DMCC Board Meeting:

2. Meeting Package,

3. Meeting Slides,

4. Video Recording 

5. Breakouts

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September 29, 2023: Technology Referendum for the Rochester schools
1. Post Bulletin: Rochester 10 Year, $ 10M+ school funding referendum Op ED PB: Kent Pekel: "Why I recommended a technology referendum for the Rochester schools"; 2. School Board Study Session; 3. Official YouTube Presentation

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September 14, 2023: We Bike Rochester Programs
Two programs: Bicycle Benefits discount program; Bicycle Benefits discount program.   

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August 28, 2023: Rochester Intercultural Economic Exchange (RICE)
A sample of video recordings of the  conference August 25, 2023 Health Bridge: US-China Health Industry Innovation Cooperation Conference

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Community Anchor Participation:

 

 

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Impacts

The work of this organization may have impacts on the following areas:

PlanScape

Lvl 1: Sustainability ; STEM ; Technology Enablement

Lvl 2:

DMC Impact:

Community Health Impact area:

 


Potential Projects

Project Involvement Candidates:


Known Collaborators

Onboard Collaborators: DMC EDA

 

Potential Collaborators

Potential Collaborators:

Organization Life Cycle Assessment (Pause, Startup, Steady, Isolated Impact, Collective Impact  Unknown)

Collective Impact

Site Information
Project Phase Definitions
The following defines the various project phases:
  1. Available - a product, program or service is in production
  2. Develop - program or application is being developed
  3. Plan - idea is solid, stakeholders are identified, and there is strong commitment to go forward from all parties.
  4. Concept Phase - idea scoped out with enough details to give an early sizing and/or to build a proof of concept
    demonstration
  5. Pre-concept Phase - an early idea or a requirement.
About Beam
  • For the commercial sector, we tend to register startup activities (new companies and new commercial projects) that bring diversification and high-impact opportunities to the area.
  • For the non-profit sector, we wish to shine light on all the organizations and services that otherwise labor under relative obscurity.
  • Our hope is that dmcbeam.org will encourage cross-sector collaborations and creative solutions.

While there are a number of registries in the community, dmcbeam.org's  distinct value is to pilot a database with a data structure and categorizations that answer the questions such as: What organizations or projects/programs in our community that have purported relevance with some of the over-arching focuses put forward by initiatives such as DMC, J2G and Health Improvements?

This database could be used as one of the ways to explore the capacities of the community. If you are someone on an exploratory journey to learn about the greater Rochester community. dmcbeam.org could be an interesting first step.

Links to Beam sub-sites 
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