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Stonepeak: Global Renewables Fund I

Stonepeak Infrastructure Partners is a private equity fund invests in late-stage development and construction-stage solar and wind assets in North America and Developed Asia Pacific (Japan, Korea, and Taiwan). With renewables poised to meet most future capacity needs, Stonepeak hopes to take advantage of the moment and help prevent ongoing reliance on imported coal and …

Our Approach

The Midwest Climate & Energy program uses its philanthropic funding to support efforts that build power through partnership, aligning climate and equity goals to advance bold action on the climate crisis. Our program takes a systems change lens, focusing on shifting the conditions that perpetuate the climate crisis, which include structural racism. We direct grantmaking …

Renewable Resources Group (RRG): Sustainable Water Impact Fund I

Unsustainable water use, degraded quality, and aging infrastructure create opportunities for investors to rethink water and agricultural assets. RRG purchases land and attendant water rights in California, Australia, and Chile to optimize investment returns by improving water quality, quantity and end use. Investment $10 million; originated in 2019 Rationale RRG invests in water and agricultural …

McKnight Sharpens Dedication to Bold and Equitable Climate Action

IN BRIEF Refined program goal: Take bold and urgent action on the climate crisis by dramatically cutting greenhouse gas emissions and advancing an equitable clean energy transition. Learn more Strategy pathways: Our five program strategies provide clear pathways for our grantmaking efforts. Learn more Program webinar: Watch the recording to learn more about our approach …

Partner Community Capital

This nonprofit bank, formerly called Natural Capital Investment Fund, finances and advises small businesses using market-based solutions to strengthen the Appalachian region and protect natural resources. Investment $2 million 10-year loan at 2%; originated in 2015 Rationale Low cost capital for loans to build environmentally and socially responsible small businesses in Appalachia. People in this …

Homepage

Our Mission Advance a more just, creative, and abundant future where people and planet thrive See How Democracy Thrives in the Civic Space Tonya Allen shares why strengthening democratic participation must be a priority every year. LEARN MORE Building Tribal Energy Sovereignty in the Midwest Native Sun Community Power Development is among groups driving a …

Trisha Harms

Trisha Harms joined the McKnight Foundation in February 2023 as a senior communications officer after more than a decade of working in strategic communications for political, advocacy, and organizing campaigns. She is especially passionate about using storytelling, narrative strategy, and digital innovation to advance justice and equity. Most recently, she was communications director at TakeAction …

Living Cities: Catalyst Fund I

The Catalyst Fund deploys low cost flexible debt to improve the lives of low-income people and the communities where they live. Investment $3 million 10-year loan at 2%; originated in 2011. Exited 2022 (success). Rationale The Catalyst Fund provides low-cost loans to community development organizations. Its lending in the Minneapolis-St. Paul metro area strengthens low-income …

History

William L. McKnight and his wife, Maude L. McKnight, established the McKnight Foundation in Minneapolis in 1953. One of the early leaders of 3M, Mr. McKnight rose from assistant bookkeeper to president, CEO, and board chair in a career that spanned 59 years, from 1907 to 1966. His philosophy on employee initiative and innovation still …

Ben Goldfarb

Ben Goldfarb is the director of strategic initiatives for democracy, media, and policy. In this role, he advances programmatic alignment while also bringing a focus on specific bodies of work that help support and are critical to the success of overall programmatic strategies. This includes core efforts to strengthen democratic participation, bolster journalism and local …

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