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2025 Economic Mobility

This grant provides funding to small- to medium-sized nonprofits in Hennepin County, Minnesota, to enhance their capacity and operations in order to promote economic mobility and support community needs.

$75,000
Forecasted
Recurring
Grant Description

The Minneapolis Foundation has announced its 2025 Economic Mobility – Capacity Building Grants, a restructured version of its Racial and Economic Justice grant program. This round of funding is designed to support nonprofit organizations advancing economic mobility, particularly through capacity-building and operating support during a time of significant funding and policy change. The initiative reflects the Foundation’s broader commitment to equity and community-led solutions across three core areas: economic mobility, education, and the environment. Applications will be accepted from March 12, 2025, until 1:00 p.m. on April 15, 2025. Grants will be awarded between $50,000 and $75,000, with approximately $3 million available for distribution in total. Grant recipients will be notified in May 2025, and the grant period will run from June 1, 2025, through May 31, 2026. A final report is due 60 days after the grant period ends. Each applicant may submit only one proposal, and awards can include up to 25% of the total grant amount for indirect overhead costs. Eligible applicants include small- to medium-sized nonprofits with budgets up to approximately $3 million that are actively engaged in structural change through civic participation, organizing, or policy advocacy; or those investing in economic practices that support community stabilization and wealth-building. Larger nonprofit intermediaries may also apply if they provide capacity-building services to smaller organizations that align with the Foundation’s mission. Priority is given to organizations based in and serving Minneapolis and its first-ring suburbs within Hennepin County, including Brooklyn Center, Edina, Golden Valley, Richfield, Robbinsdale, and St. Louis Park. Organizations supporting small businesses are also prioritized. Funded activities may include financial management upgrades, staffing and administrative capacity expansion, program evaluation, technology improvements, strategic planning, leadership transition planning, organizational development, community and stakeholder engagement, and legal services. Applications must be submitted through the Foundation’s online portal and must include a completed workplan, project budget, and collaboration list (if applicable). Templates are available on the Foundation’s website. For technical assistance with the online portal, applicants can contact the Grants Administration team at [email protected], and for questions about the guidelines, Program Officer Josh Johnson is available at [email protected]. An information session was held on March 17, and materials including the slide deck and recording are available online.

Funding Details

Award Range

$50,000 - $75,000

Total Program Funding

$3,000,000

Number of Awards

Not specified

Matching Requirement

No

Additional Details

Grants support a wide array of capacity-building activities and may include up to 25% of total grant funds for overhead. Funding decisions are made in May, and grant periods run from June 1, 2025, through May 31, 2026. Final reports are due within 60 days of project completion.

Eligibility

Eligible Applicants

Small businesses
Nonprofits

Additional Requirements

Must be a nonprofit organization with a budget of approximately $3 million or less, or a larger intermediary providing capacity-building services. Must be engaged in civic participation, economic justice, or support of small businesses. Organizations must serve the Minneapolis area and/or its inner-ring suburbs in Hennepin County.

Geographic Eligibility

Hennepin County (MN)

Key Dates

Application Opens

Not specified

Application Closes

Not specified

Contact Information

Grantor

Josh Johnson

Phone

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Categories
Community Development
Workforce Development
Social Advocacy
Capacity Building