Target Foundation Funding Opportunity: Racial Equity Grants

Tuesday, April 19, 2022

The Target Foundation is committed to advancing racial equity in the Twin Cities region that enables shared prosperity and opportunity for all. We are pleased to announce an upcoming opportunity for proposals that advance racial equity and create systems change.  

Funding Priorities:  

The Target Foundation looks to strengthen nonprofit organizations that address the specific systemic and structural barriers facing Black communities, Indigenous communities and communities of color in the Twin Cities metro area. The Foundation concentrates its investment in making grants in four priority areas: 

  1.  Entrepreneurship and Small Business 

The Foundation supports entrepreneurship initiatives that address current ecosystem gaps, drive inclusive practices and create access to knowledge, services, networks and capital for entrepreneurs at all stages. 

  1. Workforce Development 

The Foundation supports employment and technical training opportunities to ensure the workforce development system operates effectively and connects job seekers and workers with the skills they need to succeed. 

  1.  Housing 

The Foundation supports efforts that increase housing availability, stability and access — creating pathways to greater opportunity. 

  1. Asset Building  

The Foundation supports organizations that improve the asset building opportunities available to traditionally marginalized communities, especially those that are engaged in work to increase financial inclusion, wealth building and overall financial health.  

Estimated grant size will range from $25,000 to $200,000. The application period will open on Monday, May 2 and close on Friday, June 3 at 11:59 p.m. CDT. 

Visit Target's website to learn more