News & Updates
Updates from the Coalition

GroundBreak Coalition Announces Financial Managers for Guarantee and Loan Capital Pools
Mission Driven Finance and Broadstreet Impact Services unanimously selected by local Selection Committees to join the Minneapolis Foundation as financial managers of three major financial pools. Coalition is now seeking proposals for local originating partners to begin distribution of financial resources in 2025.
GroundBreak Coalition Shares Progress Toward Ambitious Vision During Community Briefing
On October 31, GroundBreak Coalition announced an early collective financial commitment of nearly $1 billion to expand wealth building opportunities, with a current focus on aspiring Black homeowners, entrepreneurs, and commercial developers. The news was shared with nearly 200 community members including nonprofit, philanthropic, public, and private sector leaders at Sabathani Community Center in Minneapolis. See highlights from the event.
Collaboration to the Max: Transforming our Region Together
Over the next decade, GroundBreak is working to secure $1.2 billion in flexible capital to build Black wealth, close racial wealth gaps, and create a more prosperous region for all. This is a leadership moment that will define us. We can show the world what it takes to transform and be a place that truly works for everyone.
GroundBreak Announces Investments of Nearly $1 Billion in First-of-Its-Kind Effort to Expand Equitable Wealth-Building Opportunities in Minneapolis-St. Paul
GroundBreak Coalition announced investments of nearly $1 billion to expand wealth building opportunities. This is a significant step toward the coalition’s goal of mobilizing $5.3 billion over the decade to expand equitable wealth-building through an innovative approach shaped by community members.
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See GroundBreak Coalition workgroup recommendations, monthly update call recordings, and past meeting summaries.