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.
___
Information from: Star Tribune, http://www.startribune.com
Topics Climate Change
Was this article valuable?
Here are more articles you may enjoy.
Death at Universal’s Orlando Resort Roller Coaster Ruled Accidental 
Hyundai, Kia Agree to Retrofit 7 Million Vehicles to Address Theft Concerns 
Insurance Covers Settlement Paid by Stocks Instead of Money: Delaware High Court 
Trump Administration Turning to Private Firms in Cyber Offensive 
