Minneapolis Foundation

The Minneapolis Foundation is a community foundation that promotes philanthropy and civic engagement in the greater Minneapolis area. Its annual Minnesota Meeting is a signature event that brings together the business, philanthropic, and civic sectors to discuss a single major issue. This X-Grant provides support for the 2025 convening focused on the future of journalism.

The Minneapolis Foundation drives collective action to realize strong, vibrant communities. Founded in 1915, the Minneapolis Foundation takes action on the greatest civic, social, and economic needs of the day, partnering with nonprofits, facilitating grantmaking, driving research and advocacy, and providing services to donors seeking to make a difference in their communities. This project support grant contributes to a pooled fund that the Minneapolis Foundation will steward that is focused on defending and protecting the philanthropic sector. 

GroundBreak Coalition Fund

The Minneapolis Foundation is a community foundation working with the McKnight Foundation and a coalition of over 40 community and civic leaders to eliminate the racial wealth gap in the Minneapolis/Saint Paul area through a collaborative effort known as the GroundBreak Coalition. By raising and mobilizing $5.3 billion in capital, including market-rate, catalytic, and philanthropic funds, the GroundBreak Coalition partners aim to create wealth-building opportunities focused on homeownership, access to capital for small business, and commercial real estate development. Over the next ten years, the GroundBreak Coalition expects to help create 11,000 new homeowners in underinvested communities and 60 neighborhood commercial development projects, while also supporting 5,000 entrepreneurs to create another 8,000 new jobs. In addition to the Minneapolis and McKnight Foundations, current partners in the GroundBreak Coalition include The Bush Foundation, Pohlad Family Foundation, and Margaret A. Cargill Philanthropies. Minneapolis Foundation also is a funder and is establishing a dedicated donor-advised fund to aggregate grant capital to support the initiative’s various workstreams, including the development of a low-cost, flexible loan program for developers undertaking commercial development projects that bring critical goods and services to neighborhood residents.