Target Foundation Funding Opportunity: Racial Equity Grants. This opportunity is up to $200,000 in general operating support, with an opportunity to request support over two years for BIPOC-led organizations. Four priorities:
- Entrepreneurship and Small Business
- Workforce Development
- Asset Building
The Foundation supports organizations that improve the asset building opportunities available to traditionally marginalized communities, especially those that are engaged in work to increase financial inclusion, wealth building and overall financial health.
- Schedule a 30 minute call with Community Relationship Officer Ambar Hanson (for Expanding Opportunities for Children and Families grants) or Danyelle O’Hara (for Sustaining Environmental Systems grants).
- Share updates on the outcomes you stated you want to accomplish in your 2021 application. No more budget reports.
- If you have an annual report that includes last year’s outcomes, the foundation can use that report.
- We applaud the Mortensons for streamlining grantseeking for nonprofits.
This may confuse some applicants- there is a different process/contact depending on grant.
Our Favorite Dysfunctional Financial Corporation – Our friends at Otto Bremer Trust are getting things together with the help of Ramsey County District Judge Robert Awsumb. Two big things:
- The judge removed trustee Brian Lipschultz from the OBT board of trustees. Read the Star Trib article here.
- The judge said the trustees could still move forward with the proposed sale of Bremer Bank, one of the things that started the relationship meltdown between the trustees and the bank official.
Lots of questions about the remaining trustees’ ongoing interest in selling the bank. But there’s no question that someone would be willing to pay big bucks for it, its presence in four states and its great relations with local (rural and urban) communities.
One of the top current bidders is Huntington Bank (the new TCF). Would Huntington keep up OBT’s community grants and outreach programs? They don’t have a history in their own banking practices, but maybe.
Meantime, the trust’s grantmaking operation remains remarkable, one of the best, if not the best, in Minnesota. April announcement of $7.3 million to 96 organizations.
Minneapolis Foundation – has three news items on grants made or grants to come:
A Few Other National Opportunities:
- Levitt Foundation AMP Your City awards for live music in mid-sized towns.
- Ben & Jerry’s national Grassroots Organizing grant program– bigger than Vermont!
- Clif Family Foundation (Clif Bar) Operational Support grants for smaller groups – health, food, environment (no in-kind donations!)
People on the Move: