The Target Foundation is accepting applications for its Hometown Program Funding.
Donor Name: Target Foundation
State: Minnesota
County: Anoka County (MN), Carver County (MN), Dakota County (MN), Hennepin County (MN), Ramsey County (MN), Scott County (MN), and Washington County (MN)
Type of Grant: Grant
Deadline: 06/03/2022
Size of the Grant: $25,000-$200,000
Details:
Funding Priorities
The Target Foundation looks to strengthen nonprofit organizations that address the specific systemic and structural barriers facing communities of color in the Twin Cities metro area. The Foundation will concentrate its investment in making grants in four priority areas:
- Entrepreneurship and Small Business: The Foundation supports Black, Indigenous and other entrepreneurs of color and small businesses through investments that address current ecosystem gaps, drive inclusive practices and create access to knowledge, services, networks and capital for entrepreneurs at all stages.
- Examples include:
- Training and technical assistance.
- Financial services/loans/grants.
- Network building.
- Examples include:
- Workforce Development: The Foundation supports employment and technical training opportunities for the unemployed and underemployed to ensure the workforce development system operates effectively and connects job seekers and workers with the skills they need to secure job placement and succeed long-term.
- Examples include:
- Career pathways.
- Job training and skills development.
- Examples include:
- Housing: The Foundation supports efforts that increase housing availability, stability and access — creating pathways to greater opportunity.
- Examples include:
- Affordable housing.
- Fair and just housing (eviction prevention, tenant rights).
- Sustainable homeownership.
- Examples include:
- Asset Building: The Foundation supports organizations that improve the asset-building opportunities available to historically disinvested communities, especially those that are engaged in work to increase financial inclusion, wealth-building and overall financial health.
- Examples include:
- Financial education.
- Financial supports and services.
- Featured content
- Examples include:
Funding Information
- Estimated grant size will range from $25,000-$200,000.
Eligibility Criteria
- To be considered eligible for support, applicants must be registered U.S.-based 501(c)(3) nonprofit organizations in good standing.
- Grants are made only to organizations based in Minnesota, with priority given to organizations based in the Twin Cities seven-county metro area.
- In addition, to extend the reach of the Foundation’s work, they will prioritize organizations with annual budgets less than $5 million.
For more information, visit Target Foundation.
