QUARTERLY AND ANNUAL GRANT LISTING

2016


First Quarter Grants 2017

The Northwest Area Foundation approved 20 grants worth $5,452,489 and issued two Program Related Investments (PRIs) worth $2 million, in the first quarter of 2017.

This quarter’s funding focused on three of our four interlocking portfolios, providing access to capital, supporting enterprise development, and promoting financial inclusion. Our grants support organizations anchored in the culture of the people they serve and dedicated to expanding economic opportunity in under-resourced communities across the our region, including Native nations, communities of color, rural communities, and other resilient communities who have fewer opportunities to thrive on their own terms.

Our PRIs provide social and economic returns by investing in organizations that provide capital and support for new and growing businesses in underserved areas.

Grants to Provide Access to Capital

Rural Economic Development Inc. of Madison, SD, will receive $375,000 over nearly five years to help them maintain a healthy balance sheet, offsetting debt they incurred after participating in the USDA Community Facility Relending Program.
Grant term: March 1, 2017 – Dec. 31, 2021

The Directors Council of Des Moines, IA, will receive $400,000 over two years to support strategy development and implementation of One Economy Community Development Corporation, designed to fill in the economic gaps of the African American and African communities in Polk County, IA.
Grant term: Jan. 1, 2017 – Dec. 31, 2018

Grants to Support Enterprise Development

First Peoples Fund of Rapid City, SD, will receive $500,000 over two years for general operating support to build creative economies in Native communities, supporting Native artists and strengthening Native arts ecosystems in reservation communities.
Grant term: Jan. 1, 2017 – Dec. 31, 2018

Grants to Promote Financial Inclusion

African American Leadership Forum of Minneapolis will receive $400,000 over two years to support strategy development and implementation of a pilot study for Multiple Pathways for African American Prosperity, which will provide low-income African Americans with opportunities to buy homes, start businesses, and gain greater access to savings.
Grant term: Jan. 1, 2017 – Dec. 31, 2018

Build Wealth MN Inc. of Minneapolis will receive $500,000 over two years to support implementation of the Family Stabilization Plan and Savings to Save programs in alignment with existing and future work, eventually creating train-the-trainer modules so that other organizations can replicate the programs.
Grant term: April 1, 2017 – March 31, 2019

Centerstone of Seattle of Seattle will receive $400,000 over two years to support strategy development and implementation of a pilot program to redesign human services based on financial education programming, and to develop a community engagement model that provides practical support for African Americans in Seattle and King County.
Grant term: Jan. 1, 2017 – Dec. 31, 2018

Comunidades Latinas Unidas en Servicio (CLUES) of St. Paul, MN, will receive $300,000 over two years to support economic vitality services for Latinos by deepening the financial education series and integrating it with other programming areas.
Grant term: April 1, 2017 – March 31, 2019

Corporation for Enterprise Development (CFED) of Washington, DC, will receive $500,000 over two years to provide technical assistance and coaching to support Communities of Practice under the African American Financial Capability Initiative.
Grant term: Jan. 1, 2017 – Dec. 31, 2018

Lower Columbia Community Action Council Inc. of Longview, WA, will receive $251,900 over two years to support the CAP Pathways 2 Inclusion project, expanding financial education and coaching services, and creating savings incentives for clients.
Grant term: April 1, 2017 – March 31, 2019

Minneapolis Urban League of Minneapolis will receive $400,000 over two years to support strategy development and implementation of a pilot study for a program that will increase financial education in the African American community.
Grant term: Jan. 1, 2017 – Dec. 31, 2018

Nez Perce Tribal Housing Authority of Lapwal, ID, will receive $100,000 over two years to enhance individual financial counseling to clients, perform a staff analysis, and improve client financial education services.
Grant term: April 1, 2017 – March 31, 2019

Peoples Partners for Community Development of Lame Deer, MT, will receive $288,000 over two years to combine and add new education/counseling services and lending products tailored to new and existing clients.
Grant term: April 1, 2017 – March 31, 2019

Self Enhancement Inc. of Portland, OR, will receive $400,000 over two years to support strategy development and implementation of a pilot study for the Homelessness to Homeownership Continuum project that responds to local housing trends, builds capacity for legislative advocacy, coordinates direct service delivery, and leverages resources for African Americans.
Grant term: Jan. 1, 2017 – Dec. 31, 2018

Tacoma Urban League of Tacoma, WA, will receive $400,000 over two years to support strategy development and implementation of a pilot study for a program that will increase understanding between the community and the public and private sector, ultimately reducing the wealth gap for African Americans and shifting the narrative about low-income communities in a positive direction.
Grant term: Jan. 1, 2017 – Dec. 31, 2018

Warm Springs Community Action Team of Warm Springs, OR, will receive $232,229 over two years to support efforts to expand and deepen financial skill-building programs and products.
Grant term: April 1, 2017 – March 31, 2019

Program Related Investments (PRIs)

Initiative Foundation of Little Falls, MN, will receive $1 million over eight years to increase lending capital for rural small businesses that benefit low-income borrowers and communities.
Grant term: Feb. 1, 2017 – Jan. 31, 2024

Nonprofits Assistance Fund of Minneapolis will receive $1 million over eight years to increase the capital available for lending to Twin Cities nonprofit organizations that support social enterprise development programs.
Grant term: Feb. 1, 2017 – Jan. 31, 2024

Sponsorships

Sponsorships support opportunities for grantees to participate in activities that advance their learning, build relationships, exchange ideas and resources, and collaborate in unexpected ways. For more information on sponsorships funded in the first quarter of 2017, all of which were for less than $10,000, please visit our grants database.