Virginia McKnight Binger

Not interested in merely being an heiress of a fortune from her father, William L. McKnight (who earned it from 3M -- the Minnesota Mining and Manufacturing Co.), Binger was the head of the family's charitable foundation. When she took it over in 1974, its assets were $8 million. When she retired just 14 years later, she had built its assets to almost $800 million, while at the same time it gave grants worth $235 million, mostly for scientific research, the arts and low-income housing projects in Minnesota. The McKnight Foundation is now the 24th-largest charitable foundation in the United States. Binger died December 22 at her home in Minnesota. She was 86. From This is True for 22 December 2002 Suggestions for further reading: Three Cups of Tea: One Man's Mission to Promote Peace . . . One School at a Time by Greg Mortenson, David Oliver Relin Amazon Price: $8.49 Customer Review: One person can make a profound difference in the lives of other. Mortenson's nearest spiritual kin is Mother Theresa and all the unsung missionaries overseas who have improved countless lives through selfless action. Why Mortenson hasn't been awarded...   Three Cups of Tea: One Man's Journey to Change the World... One Child at a Ti... by Greg Mortenson, David Oliver Relin Amazon Price: $8.99 Customer Review: I got this book because my friends recommended it to me. Actually, I got the teen version by mistake but it still tells the whole amazing story of a guy who wanted to make a difference. It is very inspiring and everybody should read it.   Creating a World Without Poverty: Social Business and the Future of Capitalism by Muhammad Yunus Amazon Price: $10.17 Customer Review: Professor Yunus describes an intriguing concept of social business where investors are entitled to a return on investment but not additional dividends. The idea behind a social business is that management will be measured by a social mandate rather t...   Social Entrepreneurship: What Everyone Needs to Know by David Bornstein, Susan Davis Amazon Price: $11.53 Customer Review: We spend most of our days taking in messages about all the problems and wrongs plaguing the world, but Bornstein provides a fresh approach -- highlighting the visionaries who are doing something to fix all those things that need fixing. Whether you'r...   The Life You Can Save: Acting Now to End World Poverty by Peter Singer Amazon Price: $14.96 Customer Review: This book is a great introduction to the philosophical issues surrounding global poverty and charitable giving. It is a simple fact that when you choose to buy something for yourself, you're choosing not to use that money to help the world's sick and...   Newsfeed display by CaRP

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