News Release: McKnight approves over $8 million in second quarter of 2012
The McKnight Foundation awarded 53 grants totaling $8,284,500 in its second-quarter 2012 grantmaking. Grant totals and representative grants are available on our website at www.mcknight.org.
Of the $8 million total approved, $455,000 went to four organizations working to promote economically vibrant neighborhoods that create communities of opportunity and offer integrated systems of support. African Development Center received a two-year grant of $120,000 to provide economic development services to a community affected by economic self-sufficiency challenges; Dayton’s Bluff District Four Community Council received $25,000 to support its efforts to achieve and maintain proper housing and education, a healthy and diverse business community, and other positive elements in St. Paul’s Dayton’s Bluff neighborhood; Lake Street Council received a two-year grant of $110,000 for its ongoing work to build and implement a cohesive strategy to create vital business and residential communities along the greater Lake Street corridor in Minneapolis; and the Center for Urban and Regional Affairs at the University of Minnesota received $300,000 over two years to support the Minnesota Center for Neighborhood Organizing, a program working to build the capacity and develop the skills of neighborhood organizers and leaders.
"Our region’s vitality depends on the durability of the components from which it is built," says Ted Staryk, McKnight’s board chair. "Metro area neighborhoods — and especially the families and businesses that call them home — are key elements in our regional well-being. McKnight is proud to support the organizations working to help them thrive."
ABOUT THE MCKNIGHT FOUNDATION
The McKnight Foundation seeks to improve the quality of life for present and future generations through grantmaking, collaboration, and encouragement of strategic policy reform. Founded in 1953 and independently endowed by William and Maude McKnight, the Minnesota-based family Foundation had assets of approximately $1.9 billion and granted about $91 million in 2011.
Tim Hanrahan, Communications Director, 612-333-4220
Second-quarter 2012 representative grants, alphabetical order