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GroundBreak Coalition

Giving and Investing Opportunities

Through the GroundBreak Coalition, the Minneapolis-St. Paul region has an unprecedented opportunity to lead the nation in committing the resources necessary to achieve racial and economic justice.

Our Role

By unlocking $5.3 billion in capital over the next 10 years, GroundBreak looks to expand wealth-building opportunities and close racial and wealth gaps. If a visionary group of local and national lenders, investors, government entities, and grant makers commit to doing so, we can marshal capital commensurate with the scale of the need.

The Minneapolis Foundation, a Coalition leader and investor, is supporting this effort by offering donors and investors a variety of options to participate in GroundBreak. Explore how you can put your philanthropic dollars to work for the community through traditional grantmaking, impact investment options, and more.

Event briefing for GroundBreak

Not sure what's right for you?

Grantmaking

Contributions to the GroundBreak Coalition Fund help bridge critical one-time funding gaps that wealth-builders face when buying a home, starting a business, or developing commercial property.

Ready to make a donation? Accepted assets include:

  1. Checks — Mail to the Minneapolis Foundation office with attention to the GroundBreak Coalition Fund.
  2. Stock donations — Connect with Paul Odegaard at podegaard@mplsfoundation.org.
  3. Minneapolis Foundation Donor Advised Fund transfers — Log in to your fund and recommend an interaccount grant to the GroundBreak Coalition Fund.
  4. Credit card donations — make an online gift.

Impact Investing

We are asking individuals to consider how a return of capital instead of a return on capital can transform the possibilities for our community. By investing in one of GroundBreak’s low- or zero-interest loan pools, you unlock essential financing for aspiring homeowners and commercial developers.

Ready to invest? Here’s how it works.

  1. Establish a Donor Advised Fund at the Minneapolis Foundation. To get started, please email psadmin@mplsfoundation.org.
  2. Make a grant from your existing Donor Advised Fund or foundation to your new fund held at the Minneapolis Foundation.
  3. Loans provide capital for homeowners and entrepreneurs.
  4. Loan pool matures.
  5. Dollars come back to your fund and are available to be re-invested or granted out to a qualified charitable organization.

Guarantees

Guarantees help expand lending to neighborhood commercial developers and entrepreneurs growing their businesses by unlocking significant loan capital.

Ready to provide guarantees? Here’s how it works.

  1. Establish a Donor Advised Fund at the Minneapolis Foundation. To get started, please email psadmin@mplsfoundation.org.
  2. Make a grant from your existing Donor Advised Fund or foundation to your new fund held at the Minneapolis Foundation.
  3. Guarantees expand access to capital for aspiring homeowners and entrepreneurs.
  4. Guarantee pool matures.
  5. Dollars come back to your fund and are available to be re-invested or granted out to a qualified charitable organization.

FAQs About Funds Invested in GroundBreak

Questions?

Connect our Philanthropic Services department and a member of our team will be in touch.

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