"$1 Million by 2020" Social Business Seed Capital Drive

"$1 Million by 2020" Social Business Seed Capital Drive

Venn Foundation, with anchor financial support from Bush Foundation, today formally announced a bold new initiative to drive $1 million of seed capital to early-stage social businesses in Minnesota, South Dakota, North Dakota, and the 23 native nations that share this geography (the “region”) before January 1, 2020.  The goal is to help make this region the best place in the country to launch and grow businesses that officially commit to solving social problems.

Press Release: "The PRI Pulse" Research

Press Release:  "The PRI Pulse" Research

Venn Foundation, in collaboration with The Minnesota Council on Foundations (MCF), today released a first-of-its-kind report on the historical use of Program-Related Investments (PRIs) by Minnesota-based private foundations from 1998 to 2016. The PRI PulseTM   report gives Minnesota’s philanthropic and investment communities high-quality information on how PRIs have been used in the past, right when many of the state’s foundations are discussing how best to use them going forward.