Equity Fund Grant Program
Funding Amount
Up to US $5,000
Deadline
Deadline not published
Grant Type
Foundation
Can we apply?
Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.
Geography
- Located in the Twin Cities Metro Area of Minnesota
Required status
- In operation at least one years
Other requirements
- Eligibility Guidelines Grantseekers must meet all of the following criteria to apply:You identify as LGBTQ+ and Black, Indigenous, or a Person of Color (BIPOC).
- The annual gross revenue of your business for your most recently completed fiscalyear was $250,000 or less.
- Your business has 20 or fewer employees.
Overview
The Equity Fund Grant Program, offered by PFund Foundation, supports LGBTQ+ small business owners in the Twin Cities Metro Area of Minnesota. Eligible applicants can receive grants of $5,000, tailored training sessions, and a one-year membership to Quorum, Minnesota's LGBT chamber of commerce. This initiative aims to enhance entrepreneurship within the LGBTQ+ community, with a total of $80,000 available in 2025. Apply if you've been in business for over a year and meet the revenue criteria.
Background
If you are an LGBTQ+ small business owner who is looking to sustain and grow your business, the Equity Fund may be perfect for you! PFund Foundation is seeking LGBTQ+ entrepreneurs who have owned and operated a business for a year or more and are seeking to grow through grant funding and business education sessions.
Through a partnership between PFund and Quorum, the Equity Fund will award grants to invest in your small businesses and provide a year of business education and networking.
PFund will distribute $80,000 in grant funding in 2025. Each grant recipient receives:
A $5,000 grant to support building small business capacity and developing LGBTQ+ entrepreneurship. Six in-person capacity-building training sessions customized to the needs of LGBTQ+ small business owners. A one-year membership to Quorum, Minnesota's LGBT chamber of commerce.
Eligibility
Eligibility Guidelines Grantseekers must meet all of the following criteria to apply:You identify as LGBTQ+ and Black, Indigenous, or a Person of Color (BIPOC).Your business is located in the Twin Cities Metro Area of Minnesota.Your business has been in operation for at least one year.The annual gross revenue of your business for your most recently completed fiscalyear was $250,000 or less.Your business has 20 or fewer employees.
What Philanthrofund Foundation Inc actually gave
Source: IRS Form 990, 2025
- Grants in 2025
- 55
- Total given
- $1.69M
- Median grant
- $15K
- Range
- $6,000–$295K
- By dollars: Minnesota 84%, Iowa 4%, Wisconsin 3%. Top recipient cities: Minneapolis, MN; Saint Paul, MN; Duluth, MN.
- 0% of grants with a stated purpose were for general or operating support.
Example grants
Family Tree Clinic · Minneapolis, MN
Promoting holistic health of the local community
$295K
M Health Fairview · Minneapolis, MN
Capacity building and program support for local nonprofits
$238K
Children's Minnesota · Minneapolis, MN
Capacity building and program support for local nonprofits
$237K
The Aliveness Project · Minneapolis, MN
Promoting holistic health of the local community
$105K
Reclaim · St Paul, MN
Capacity building for rural serving nonprofit organizations
$41K
Focus Areas & Funding Uses
Fields of Work
- LGBTQ businesses
- Small businesses
- BIPOC
Categories
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