Minnesota Foundation Donates $1 Billion to Fight Climate Change

Minnesota’s largest private foundation is contributing $100 million toward a $1 billion initiative by several large foundations to fight climate change.

McKnight Foundation President Kate Wolford says the coordinated strategy is unique but necessary. She says that without immediate action climate change threatens all who are served by the foundations’ programs.

Other foundations involved include the William and Flora Hewlett Foundation and the David and Lucile Packard Foundation.

The McKnight Foundation donated $99 million from its $1.6 billion endowment last year. Wolford says the foundation will distribute the same amount in 2009, including $20 million annually to two groups working to limit climate change, the Energy Foundation and the ClimateWorks Foundation.

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Information from: Star Tribune, http://www.startribune.com

Latest Comments

• March 20, 2009 at 2:59 am

  Little Frog says:

  Maybe they should set some of that money aside for rescue teams to save Global Warming Scientists who get stranded in blizzards and ice storms while measuring how quickly the ... read more
• March 20, 2009 at 2:13 am

  Vlad says:

  You sir have great control, I couldn't promise that for the next hour let alone a whole year.
• March 20, 2009 at 12:47 pm

  Compman says:

  As P.T. Barnum once said. A fool and his money are soon parted. Give me about 5mil and I promise not to fart for a year!. Think of all the global warming gasses that wil... read more