Impact Investing Goal: Invest our endowment in ways that advance financial, program, and learning returns. We act as an owner of assets, a consumer of financial products, a shareholder, and a market participant to advance sustainability and select program goals.
McKnight’s Strategic Framework calls us to optimize the Foundation’s resources to build and strengthen socially, economically, and environmentally sustainable communities.
Impact investing is a powerful tool to work toward this goal.
Most foundations are required by law to distribute 5 percent of the value of investment assets each year to charitable and administrative purposes. Impact investing is an opportunity to leverage the other 95 percent beyond grant dollars to advance solutions like the need for more clean energy and decent housing. With this 21st-century investing approach, we amplify our philanthropic impact and steward our endowment.
at a Glance
News & Ideas
Impact Investing News, Ideas, and Resources
“The magnitude of the climate crisis requires that we take bold and deliberate action. Eliminating the greenhouse gas impact of our endowment allows us to employ all of our Foundation’s resources to address climate change.”
-TONYA ALLEN, PRESIDENT
source: McKnight Net Zero Commitment