Skip to main content

Greater Twin Cities United Way, Minneapolis Foundation, Saint Paul & Minnesota Foundation Grant $2.5M to Help Rebuild the Twin Cities

Funds to Support Small Businesses in Cultural Corridors

June 25, 2020

Greater Twin Cities United Way, The Minneapolis Foundation and the Saint Paul & Minnesota Foundation today announced they will distribute $2.5 million in funding from the “Twin Cities Rebuild for the Future Fund.” The grants will provide emergency support for small businesses owned by Black people, Indigenous people and people of color in areas most impacted by the unrest following the murder of George Floyd, including Lake Street in Minneapolis, North Minneapolis and University Avenue in Saint Paul.

Grantees and Use of Funds

The nonprofit organizations receiving grants have strong relationships and experience working with the affected businesses, as well as expertise in rapidly deploying support. They also have a deep understanding of the culture, language and needs of the businesses impacted.

  • African Development Center
  • African Economic Development Solutions
  • American Indian Community Development Corporation
  • Asian Economic Development Association
  • Black Women's Wealth Alliance
  • Lake Street Council
  • Latino Economic Development Center
  • Neighborhood Development Center
  • New American Development Center
  • Northside Economic Opportunity Network
  • Northside Funders Group in partnership with West Broadway Coalition

Grantees will use the funding for:

  • Direct Financial Assistance: Distributing cash to business owners to pay for repairs and relocation expenses and to support their loss of income.
  • Technical Assistance and Systems Navigation: Helping small business owners navigate insurance filing, financial and legal considerations, merger strategies and business compliance.
  • Communications: Disseminating factual information in the native language of business owners.

Funders

In just two weeks, 200 individuals as well as 22 companies and foundations invested in the Twin Cities Rebuild for the Future Fund, including: 3M Foundation, American Family Insurance, Ameriprise Financial, BMO Harris Bank, Boston Scientific, Bremer Bank, The Bush Foundation, CHS Inc., Cummins, Inc., F.R. Bigelow Foundation, General Mills Foundation, Greater Twin Cities United Way, KGPCo, maurices, Mardag Foundation, Medtronic Foundation, Securian Financial, the Saint Paul & Minnesota Foundation, Securian Financial, The Minneapolis Foundation, The Toro Company and Wells Fargo.

More Stories

Read Foundation Elects New 2021 Board Members

Foundation Elects New 2021 Board Members

The Foundation announced the election of four new members to its board of directors.

View the news
Read MCF and the Foundation Award Final Round of MDRF Grant Funding

MCF and the Foundation Award Final Round of MDRF Grant Funding

In total, the Minnesota Disaster Recovery Fund for coronavirus has supported 93 organizations and awarded over $11.4 million.

View the news
Read Saint Paul & Minnesota Foundation and McKnight Foundation Create “Art In This Present Moment” in Support of BIPOC Artists

“Art In This Present Moment” Created in Support of BIPOC Artists

Initiative seeks to amplify the voices and experiences of Minnesota artists by placing a spotlight on their music, dance and visual arts.

View the news
Read Public-Private Partnership to Support Student Connectivity Needs

Public-Private Partnership to Support Student Connectivity Needs

The state is working with philanthropic and business leaders to focus on device and connection needs.

View the news
Read Three Organizations Work to Transform the Criminal Justice System

Three Organizations Work to Transform the Criminal Justice System

Organizations launch emergency “Twin Cities Rebuild for the Future Fund,” already at $1 million.

View the news
Read MCF and the Foundation Award Over $3 Million in Grants

MCF and the Foundation Award Over $3 Million in Grants

Grants for COVID-19 nonprofit recovery and community resilience focus on Twin Cities BIPOC (Black, Indigenous and People of Color) community recovery efforts.

View the news
Read Grants Awarded for Community-Led Solutions to Heal Racial Trauma

Grants Awarded for Community-Led Solutions to Heal Racial Trauma

Funding will support programming of the African American Leadership Forum and the Healing Justice Foundation.

View the news
Read Foundation Welcomes Stephanie Gale

Foundation Welcomes Stephanie Gale

Stephanie Gale assumes new role as associate vice president - finance and controller at Minnesota’s largest community foundation.

View the news

COMMUNITY IS OUR COMPASS

JOIN
US!

* Indicates a required field