March 24, 2015
MCF today released its annual rankings of the top grantmakers in Minnesota based on cash grants paid in 2013.
The top five Minnesota grantmakers by grants paid in 2013 were:
- Target Foundation and Corporation ($148.6 million);
- General Mills Foundation and Corporation ($105.7 million);
- The McKnight Foundation ($86.4 million);
- The Saint Paul Foundation and Minnesota Community Foundation ($65.6 million); and
- Cargill and The Cargill Foundation ($59.6 million).
This is the third consecutive year that these five organizations are Minnesota’s top grantmakers.
Of the 50 top grantmakers by grants paid in 2013, 47 also appeared on the 2012 list. Cash giving by the top 50 grantmakers totaled more than $1.2 billion.
Grant Dollars Distributed Beyond Minnesota
Almost 60 percent of the cash giving by the top 50 grantmakers was designated to organizations based outside of Minnesota.
Corporations Give More than Cash
In order to ensure that grantmakers are compared consistently, in-kind and other noncash contributions are not included in the rankings, but MCF invites large corporate grantmakers to self-report information about noncash contributions.
MCF’s 2013 annual rankings are based on the amount of cash grants paid by funders during fiscal years ending June 1, 2013, through May 31, 2014.
The annual rankings lists include:
The complete Minnesota Annual Grantmaker Rankings and the methodology used to complete them can be found at www.mcf.org/research/rankings.
More Charitable Giving Research Online
Late last year, MCF released its Giving in Minnesota, 2014 Edition research, which is a comprehensive analysis of annual giving trends by Minnesota foundations and corporations between June 1, 2012, and May 31, 2013. See www.mcf.org/research/giving for information about grantmaking to specific subject areas, geographies, beneficiaries and more.
– Susan Stehling, communications associate
December 9, 2014
The John and Denise Graves Foundation, serving the greater Minneapolis area, recently announced its inaugural grants. The foundation chose 14 grant recipients who share the foundation’s education equity goals of:
- increasing high quality K-12 seats serving disadvantaged youth,
- researching, advocating, and organizing for high quality schools and school leaders and
- identifying and addressing systemic issues contributing to educational inequity.
The Graves Family Foundation will be accepting Letters of Inquiry for its education equity grant cycle from February 1st through Feb 27th, 2015. Its second grant cycle, which will focus on foster youth and youth experiencing homelessness, will begin in the summer of 2015. For more information, visit the foundation’s website.
High Quality K-12 Seats
The foundation awarded general operating grants to high performing charter schools and networks in the greater Minneapolis area who are actively working to increase the number of students they are capable of serving or are working to replicate their school’s model:
Policy, Advocacy, and Community Building
It also has awarded general operating grants to organizations that provide policy, advocacy, and community organizing support for high quality schools and school leaders.
And in its other priority for its inaugural grants, the foundation has awarded general operating grants to organizations that identify system-wide issues contributing to educational inequity and work to correct them.
Visit the foundation’s Past Grants page for a full list of recipients.
December 4, 2014
Today, MCF released our new Giving in Minnesota research, the most comprehensive analysis of charitable giving in the state. It shows that individuals, foundations and corporations gave $5.7 billion in 2012, a 2-percent increase in total giving over 2011.
Individual giving went up to $4.1 billion in 2012, while grantmaking by foundations and corporations in Minnesota declined by 6 percent to $1.6 billion. Other highlights include:
Education Receives the Most Grant Money
As has been true historically in Minnesota, education received the largest share of grant dollars (29 percent) of eight subject areas tracked. Education was followed by human services (23 percent); public affairs/society benefit (16 percent); arts, culture and humanities (13 percent); and health (10 percent).
Half of Grant Dollars Stay in State
In 2012, 48 percent of Minnesota grant dollars went to organizations and programs serving the state. Forty-seven percent was distributed to groups serving other parts of the U.S., and 6 percent supported international causes. Corporations tend to distribute grants more widely than other types of grantmakers.
Check out the full report on our website, and see today’s featured stories on our research in the Star Tribune and Pioneer Press.
September 26, 2014
Kate Wolford of The McKnight Foundation
MCF member The McKnight Foundation is getting ready to revisit and refresh its Strategic Framework for 2015-2017, and is asking for outside perspectives as it charts its course.
In a blog post on its website, McKnight president Kate Wolford outlines the key foundation-wide strategies the foundation used to guide its work in 2012-2014:
- Bring the foundation’s vantage point as a regional or place-based funder into national networks.
- Strengthen McKnight’s influence with a knowledge management system.
- Leveraging converging interests to create multiple bottom-line benefits.
- Deepen impact and influence through program supportive approaches such as mission-related investing.
She shares that the internal consensus at The McKnight Foundation is not to start from scratch, but to identify trends relevant to McKnight’s that it can incorporate over the coming three years.
Do you have thoughts on what key trends McKnight should consider? Or on what issues the foundation will be particularly well suited to help advance?
Head over to The McKnight Foundation’s website to read more on Kate Wolford’s description of how its current Framework came to be, and to leave the foundation feedback in a comment or by email.
August 19, 2014
Time is very short to pass the America Gives More Act (HR 4719)!
We need you to contact Senators Klobuchar and Franken to ask for their support today — before they return to Washington, D.C., in early September.
The legislation (passed by the U.S. House of Representatives in July) promotes giving to all nonprofits by:
- permanently extending tax incentives for donations of IRA rollovers, food and land,
- allowing individuals to get credit for prior-year taxes for charitable contributions up to April 15,
- and streamlining the foundation excise tax, which reduces the administrative work associated with running a private foundation and enables greater giving.
We Need You To:
- Contact Senators Klobuchar and Franken before they return to Washington, D.C.
- Tell them you support the America Gives More Act.
- Focus on one part of the Act – the IRA rollover (for community foundations) or the simplified excise tax (for private foundations).
- Tell a story to illustrate how this will have a positive impact in the community by increasing giving.
- Ask them to urge Sen. Majority Leader Reid to schedule a vote on the bill as soon as the Senate reconvenes in Sept.
- Invite them to follow-up with MCF if they have questions.
Contact the Senators at their primary district office. If writing, copy the district director and tax policy staff person, and include your contact information. If calling, ask to speak with the district director, but speak to whom you are directed.
Do it today!
This is a rare moment in the Congressional process when the opportunity is real and the time for action is clearly defined.
U.S. Senators are in MN now and will return to Washington, D.C. for only a couple of weeks in Sept. before leaving again to campaign for re-election. Senators must pass the America Gives More Act before they leave to take care of personal political interests.
The likelihood of something happening during a lame-duck Congress in December is uncertain. After that we will be starting over with a new Congress.
One More Thing:
Contact Representative Erik Paulsen (MN-3) to thank him for his leadership in advancing legislation to simplify the excise tax and for working to enact this legislation for the past several years.
July 18, 2014
Baseball’s All-Star Game happened earlier this week in Minneapolis, and with it came the announcement of the nonprofit awarded the Twins “All-Star Fans Choose” grant.
Nearly 75,000 fans voted to help award the $500,000 grant, with Channel One Regional Food Bank ultimately selected. The food bank plans to use the $500,000 grant to add more than 20,000 square feet of warehouse space at its Rochester location and build a kitchen and classroom to better serve and feed people in need. Channel One serves 13 counties in Southeast Minnesota and LaCrosse County in Wisconsin and an average of 100,000 people a year.
Six other finalists were each awarded $50,000:
- Camp Fire Minnesota in Chanhassen
- Cookie Cart in Minneapolis
- Hmong American Farmers Association in Vermillion
- Madison Claire Foundation inWoodbury
- Minnesota Adult and Teen Challenge in St. Michael
- People Serving People in Minneapolis
The “All-Star Fans Choose” grant was part of an extensive legacy giving campaign, including the contribution of more than $8 million toward local projects and national charitable initiatives. This was made possible due to a partnership between MLB Charities, the Twins Community Fund and the Pohlad Family Foundation.
Congratulations to Channel One Regional Food Bank and all the finalists!
June 19, 2014
I attended the St. Paul stop on Giving USA’s 2014 road show this morning. There, Adam Wilhelm of Campbell & Company updated us on 2013 national giving trends, which can be summarized as good news.
According to Wilhelm and Giving USA 2014, total charitable giving in the U.S. rose 3% (adjusted for inflation) between 2012 and 2013 to $335.17 billion. This is an increase of 12% since the start of the Great Recession, and Wilhelm predicts the U.S. will pass the pre-recession high of $350 billion in charitable giving in a year or two.
Wilhelm says, “Wealthy individuals are feeling good about their accumulated wealth, so it is a good time to talk to them about their giving.”
According to Giving USA, wealthy donors are giving to their favorite charities — including universities, hospitals and arts institutions — so overall giving in those areas is up. Meanwhile, giving to social service and church groups — more dependent on the financially squeezed middle-class — is flat.
- Giving by individuals — the largest slice of the pie at 72% — totaled $240.60 billion, up 2.7% over 2012.
- Giving by foundations — now 15% of total giving — was up 4.2% to $48.96 billion. This increase was driven in part by a 10.5% increase in giving by community foundations.
- Giving by bequest through a will or estate plan — 8% of the total — was up 7.2% to $27.73 billion.
- Only corporate giving — 5% of the total — was down 3.2% to $17.88 billion, the result of a slow rate of growth in pre-tax corporate profits last year. Corporate trends of increased in-kind and global giving continue.
What Organizations are Benefiting?
- Religion was the top recipient of gifts, but total giving to religion continues to slide. It went down slightly in 2013 to 31% of the total or $105.5 billion, which represents the lowest percent given to religion in 40 years.
- Overall giving to Education increased by 7.4% (2013’s largest increase) to $52.07 billion.
- Giving to Human Services was fairly flat, increasing by .7% to $41.51 billion.
- Giving to Health was up by 4.5% to $31.86 billion.
- Giving to Public Affairs/Society Benefit (which includes giving to donor-advised funds) was up 7% to $23.89 billion.
- Giving to Arts, Culture and Humanities was up by 6.3% to $16.66 billion.
- Giving to International Affairs fell to $14.93 billion (due to fewer disasters worldwide in 2013).
- Giving to Animal Welfare and Environment increased to $9.72 billion (due to larger investments in climate change and anti-fracking initiatives).
Takeaways from event panelists included the following:
- Individual giving is a growth market. Giving by other sectors is not growing as quickly.
- More and more often, individual donors are researching charities and want to see the impact of their gifts.
- If your organization is not doing planned giving, it should at least be doing bequests. “It’s easy!”
Visit Giving USA for much more information or to purchase Giving USA 2014.
For more information on Minnesota giving, visit mcf.org/research
– Susan Stehling, MCF communications associate