Funder
Recipient
Date: 1/1/2023
Amount: 160,000
Comment: PROPEL NONPROFITS IS AN INTERMEDIARY AND COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION THAT SUPPORTS NONPROFITS PRIMARILY IN MINNESOTA. THEY PROVIDE A NUMBER OF CAPACITY-BUILDING SERVICES AND ACCESS TO CAPITAL. THEY ALSO SERVE AS FISCAL SPONSOR FOR ORGANIZATIONS THAT DO NOT YET HAVE 501C3 STATUS. ECOSYSTEM GRANTS PROVIDE GENERAL OPERATING SUPPORT FOR ORGANIZATIONS THAT SUPPORT OTHERS TO SOLVE PROBLEMS IN THEIR COMMUNITIES.
* Note that month and day of month are always the first of the year in this database since the philanthropies don't date their grants. The year is the year shown on the 990.
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