MCCD provides small loans to individual entrepreneurs and small businesses that have not grown large enough to access commercial banks or established Community Development Financial Institutions (CDFIs). These early businesses are often minority-, immigrant-, or women-owned ventures. MCCD is a membership-based organization, including many cultural-based business developers. They work specifically within Indigenous, immigrant and communities …
NDC is a Community Development Financial Institution (CDFI) that empowers aspiring under-resourced entrepreneurs to build businesses in their neighborhoods, often the most economically strained in the Twin Cities. The organization describes itself as a character lender and points to its wraparound support for entrepreneurs—both pre-loan and post-loan—for achieving a high degree of repayment. NDC’s lending …
Stonepeak Infrastructure Partners is a private equity fund invests in late-stage development and construction-stage solar and wind assets in North America and Developed Asia Pacific (Japan, Korea, and Taiwan). With renewables poised to meet most future capacity needs, Stonepeak hopes to take advantage of the moment and help prevent ongoing reliance on imported coal and …
Unsustainable water use, degraded quality, and aging infrastructure create opportunities for investors to rethink water and agricultural assets. RRG purchases land and attendant water rights in California, Australia, and Chile to optimize investment returns by improving water quality, quantity and end use. Investment $10 million; originated in 2019 Rationale RRG invests in water and agricultural …
At the end of October 2019, the McKnight Foundation engaged Frontline as the firm launched a multifaceted and multilevel input-gathering process designed to shape and inform the Foundation’s new Vibrant & Equitable Communities program. The primary goal was to identify powerful and relevant strategies that could guide three initial exploratory focus areas: economic mobility, equitable …
This nonprofit bank, formerly called Natural Capital Investment Fund, finances and advises small businesses using market-based solutions to strengthen the Appalachian region and protect natural resources. Investment $2 million 10-year loan at 2%; originated in 2015 Rationale Low cost capital for loans to build environmentally and socially responsible small businesses in Appalachia. People in this …
Marcq Sung joined McKnight in January 2022, as a senior program officer with the Vibrant & Equitable Communities program. In this role, he oversees and develops innovative grant portfolios to build a vibrant and equitable future for all Minnesotans with shared power, prosperity, and participation. Marcq has dedicated his career to working with communities for …
In the fall of 2019, the McKnight Foundation commissioned the University of Minnesota’s Center for Urban and Regional Affairs (CURA) to conduct a statewide survey of stakeholders. It was part of a multifaceted and multilevel input-gathering process designed to help shape and inform the Foundation’s new Vibrant & Equitable Communities program. The goal of the survey …
يقدم هذا الصندوق الاستثماري الجديد نموذجًا اقتصاديًا يستحوذ على الإسكان الحالي ، مما يجعله في المتناول. هذا أمر ضروري لأن المستأجرين المعتدلين وذوي الدخل المنخفض يكافحون من أجل إيجاد مسكن صالح للعيش في مينيابوليس سانت. بول منطقة المترو. استثمار 5 ملايين دولار لفترة 12 عامًا بنسبة 2٪ ؛ نشأت في 2017 الأساس المنطقي السكن اللائق بأسعار معقولة دائما في الطلب ، ...
As McKnight’s inaugural vice president of investments, Elizabeth McGeveran oversees the team that manages the Foundation’s $2.6 billion endowment. Elizabeth joined McKnight in 2014 to lead our impact investing program. In 2019, she assumed the role of director of investments, shepherding our endowment and helping deliver positive returns alongside mission alignment. In this capacity, she designed a market-rate …