McKnight Foundation

$430,000 Awarded to Visionary Black Social Impact Leaders by BMe Community

Retrieved on: 
Monday, April 1, 2024

MIAMI, April 1, 2024 /PRNewswire/ -- BMe Community proudly announces its 2024 BMe Vanguard Awards.

Key Points: 
  • MIAMI, April 1, 2024 /PRNewswire/ -- BMe Community proudly announces its 2024 BMe Vanguard Awards.
  • The BMe Vanguard program brings inspiring and trusted Black leaders into a community that fosters their well-being, financial empowerment, collaboration, and positive social impact.
  • "BMe Vanguards come from all walks of life but share one authentic action-oriented love for humanity," said Trabian Shorters, Co-founder and CEO of BMe Community.
  • Since its inception in 2013, BMe has given over $4 Million in angel grants, launching 260 social impact initiatives and supporting 160 more.

Apis & Heritage Releases First Annual Impact Report Highlighting Use of Employee Ownership Model to Close the Racial Wealth Gap

Retrieved on: 
Tuesday, September 19, 2023

The report details the social impact of Legacy Fund I during 2022, with an emphasis on the welfare of workers at the firm’s portfolio companies.

Key Points: 
  • The report details the social impact of Legacy Fund I during 2022, with an emphasis on the welfare of workers at the firm’s portfolio companies.
  • It also outlines key progress toward the firm’s mission of utilizing employee ownership as an investment tool to close the racial wealth gap, increase the economic mobility of frontline workers, and improve business returns.
  • These roadmaps will guide each company’s employee engagement and education work and establish frameworks for assessing employee ownership practices, job quality, and employee health/well-being.
  • “Our employee ownership model helps business owners secure their legacy and offers employees a no-cost personal and financial stake in the value that they are already creating.

Carnegie Corporation of New York Contributes $5 Million to National Initiative Focused on Revitalizing Local News

Retrieved on: 
Thursday, September 7, 2023

The Corporation is awarding $5 million in addition to its existing portfolio of media grants.

Key Points: 
  • The Corporation is awarding $5 million in addition to its existing portfolio of media grants.
  • Introducing #PressForward: An unprecedented philanthropic collaboration to inform and engage communities by bolstering local news with an investment of over $500M.
  • Since 2005, approximately 2,200 local newspapers have closed, resulting in 20 percent of Americans living in “news deserts” with little to no reliable coverage of important local events.
  • Investments in nonpartisan public policy development, analysis, and advocacy are needed at the local, state, and national levels.

Press Forward Will Award More Than $500 Million to Revitalize Local News

Retrieved on: 
Thursday, September 7, 2023

CHICAGO, Sept. 7, 2023 /PRNewswire/ -- A coalition of 22 donors today announced Press Forward, a national initiative to strengthen communities and democracy by supporting local news and information with an infusion of more than a half-billion dollars over the next five years. Press Forward will enhance local journalism at an unprecedented level to re-center local news as a force for community cohesion; support new models and solutions that are ready to scale; and close longstanding inequities in journalism coverage and practice. 

Key Points: 
  • Press Forward seeks to reverse the dramatic decline in local news that has coincided with an increasingly divided America and weakening trust in institutions.
  • National, regional, local, and issue-specific funders co-designed Press Forward with the aim of deploying significant new resources to the field through greater coordination and peer learning.
  • Organizations interested in Press Forward can sign up for updates to learn more about applying for future grants.
  • Press Forward welcomes and continues to invite additional funders to enhance nonprofit, public, and for-profit news and information.

Presidents' Council on Impact Investing Names McKnight Foundation President Tonya Allen as Co-Chair

Retrieved on: 
Tuesday, July 11, 2023

NEW YORK, July 11, 2023 /PRNewswire/ -- The Presidents' Council on Impact Investing ("Presidents' Council") announced the appointment of Tonya Allen, President of the McKnight Foundation, as its newest Co-Chair.

Key Points: 
  • NEW YORK, July 11, 2023 /PRNewswire/ -- The Presidents' Council on Impact Investing ("Presidents' Council") announced the appointment of Tonya Allen, President of the McKnight Foundation, as its newest Co-Chair.
  • Allen succeeds Darren Walker, President of the Ford Foundation, who served as an inaugural Co-Chair and led the group's efforts to coordinate support for the impact investing ecosystem.
  • The U.S. Impact Investing Alliance convenes the Presidents' Council to pursue shared learning, deepen commitments to impact investing and foster opportunities to pool investment and grant capital to catalyze the growth of the field.
  • "I'm honored to join Don and take the baton from Darren as Co-Chair of the Presidents' Council," Tonya Allen shared.

The Most Powerful Black Social Impact Network That You've Never Heard of Just Turned 10 and Is Changing Minds on Equity

Retrieved on: 
Wednesday, June 28, 2023

Since then, its members have created hundreds of award-winning social impact programs, achieved extraordinary policy breakthroughs, and are leading a paradigm shift in philanthropy's approach to equity.

Key Points: 
  • Since then, its members have created hundreds of award-winning social impact programs, achieved extraordinary policy breakthroughs, and are leading a paradigm shift in philanthropy's approach to equity.
  • Asset-Framing is a cognitive science-based approach to building equity that focuses on defining people by their aspirations and contributions before noting and addressing their challenges.
  • The impact of this approach, along with the achievements of BMe members is prompting leaders to reassess their approach to equity-building.
  • Ken is a recipient of the Skillman BMe Vanguard Award and has been recognized as a Michigan Chronicle 40-Under-40 awardee.

BMe Community Amplifies Black Love and Power with $370,000 in Grants to 37 BMe Vanguard Awardees

Retrieved on: 
Wednesday, June 21, 2023

MIAMI, June 21, 2023 /PRNewswire/ -- This Juneteenth week, BMe Community celebrates Black leadership by awarding $370,000 in grants to 37 BMe Vanguard Award honorees.

Key Points: 
  • MIAMI, June 21, 2023 /PRNewswire/ -- This Juneteenth week, BMe Community celebrates Black leadership by awarding $370,000 in grants to 37 BMe Vanguard Award honorees.
  • $370,000 in grants sponsored by the McKnight Foundation, NBA Foundation, The Skillman Foundation, and The Ballmer Group
    "The BMe Vanguard Award honors those whose love builds power," said Trabian Shorters, Co-founder, and CEO of BMe Community.
  • "The BMe Vanguard Award is an honor and recognition of being someone with a deep, unapologetic love for Black people," said 2023 BMe Vanguard Ron Harris, Co-founder of Shape the Nation.
  • To learn more about BMe Community and the BMe Vanguard honorees, visit www.BMeCommunity.org

2023 Getting to Zero Forum Brings Together Leading Experts to Share Climate Solutions in the Built Environment

Retrieved on: 
Friday, April 14, 2023

"The Getting to Zero Forum convenes built environment leadership to collaborate on and share the solutions needed to transform buildings into assets which help reduce emissions from a rapidly warming climate, securing a livable future for all communities," said Ralph DiNola, CEO of NBI.

Key Points: 
  • "The Getting to Zero Forum convenes built environment leadership to collaborate on and share the solutions needed to transform buildings into assets which help reduce emissions from a rapidly warming climate, securing a livable future for all communities," said Ralph DiNola, CEO of NBI.
  • Technology, which will be featured center stage at the Getting to Zero Forum, is key to helping buildings move toward a clean energy future.
  • The 2023 Getting to Zero Forum will take place May 10-12 at the Minneapolis Marriott City Center and has a virtual attendance option available.
  • Both virtual and in-person attendees can learn more and register for the Getting to Zero Forum at: www.gettingtozeroforum.org .

New Report Provides Insider Playbook to Unlocking Endowment Investments that Align with Mission and Generate Profits

Retrieved on: 
Wednesday, April 12, 2023

CHICAGO and BOSTON, April 12, 2023 /PRNewswire/ -- Builders Initiative and Social Finance today released a new report, "Breaking Barriers:A Practical Guide to Unlocking Foundation Endowments for Mission and Returns." Written for leaders of foundations, high-net-worth family offices, and their board members, the report identifies common barriers and opportunities associated with mission-related investments (MRIs). MRIs are impact oriented, often market-rate, investments made from a foundation's endowment to advance its mission.

Key Points: 
  • Written for leaders of foundations, high-net-worth family offices, and their board members, the report identifies common barriers and opportunities associated with mission-related investments (MRIs).
  • MRIs are impact oriented, often market-rate, investments made from a foundation's endowment to advance its mission.
  • This is one of several learning initiatives Builders Initiative is pursuing as part of its strategy to expand impact investing.
  • "This timely report helps foundations think beyond grants and carve-outs towards mission-related investments that yield financial, environmental, and social returns."

The Great Northern Announces 2023 Festival Programming

Retrieved on: 
Wednesday, November 16, 2022

MINNEAPOLIS, Nov. 16, 2022 /PRNewswire/ -- The Great Northern an annual festival that celebrates Minnesota's cold, creative winters through 10 days of diverse programming to invigorate mind and body today announced its full schedule of 2023 programming and events.

Key Points: 
  • MINNEAPOLIS, Nov. 16, 2022 /PRNewswire/ -- The Great Northern an annual festival that celebrates Minnesota's cold, creative winters through 10 days of diverse programming to invigorate mind and body today announced its full schedule of 2023 programming and events.
  • With The Great Northern, we want to motivate festival-goers to take steps to preserve the gift of winter."
  • "But in an era of warming winters, The Great Northern is also a call to action and this year's broad range of climate programming is our strongest yet."
  • The Great Northern celebrates our cold, creative winters through 10 days of diverse programming that invigorate mind and body.