GroundBreak Coalition Shares Progress Toward Ambitious Vision During Community Briefing

by GroundBreak Coalition | Nov 1, 2023

McKnight Foundation president Tonya Allen and GHR Foundation senior program officer Kevin Bennett. Credit: Molly Miles A Down Payment Toward An Equitable Future “I’m thrilled to announce that GroundBreak leaders from ten institutions have set aside nearly $1...

Collaboration to the Max: Transforming our Region Together

by Jen Ford Reedy | Nov 1, 2023

Jen Ford Reedy, President of the Bush Foundation, shares GroundBreak vision during Community Briefing. Photo by Molly Miles When George Floyd was murdered, the racial reckoning that followed was global. But for those of us in Minnesota, it was local, too. George Floyd...

GroundBreak Announces Investments of Nearly $1 Billion in First-of-Its-Kind Effort to Expand Equitable Wealth-Building Opportunities in Minneapolis-St. Paul

by GroundBreak Coalition | Oct 31, 2023

Coalition shares progress toward an ambitious, 10-year vision to create a more equitable Minneapolis-St. Paul region, with financial tools expected by late next year. MINNEAPOLIS, MN – GroundBreak, a coalition of over 40 philanthropic, private, and public institutions...

Collective Will and Intentional Action: Philanthropy’s Role in Boldly Reimagining What’s Possible

by Kevin Bennett | Oct 3, 2023

At GHR Foundation, we believe in the potential and power of community.  According to a 2023 report, Minnesota is the third most charitable state in the nation, has a rich legacy of corporate giving, and boasts one of the highest median incomes nationally.  And yet, we...

Building a Shared Financial Platform: MSP’s Key to Unlocking Capital at Scale

by GroundBreak Coalition | Jul 17, 2023

Photo Credit: Molly Miles As a region, we have incredible prosperity, ability, and strength. We’re home to 15 Fortune 500 headquarters, and we have the 15th largest metropolitan economy in the U.S. We have enormous wealth in our region, though not everyone experiences...

Silicon Valley Bank Collapse Adds Urgency to Minnesota’s GroundBreak Coalition Efforts to Reimagine How Capital Flows to Black Wealth Builders

by David Reiling | Apr 10, 2023

This spring, governments and financial systems around the world are responding to the collapse of Silicon Valley Bank (SVB). While the fallout will have a long-term impact on smaller and mid-size financial institutions, it is also revealing deeper issues about how...