Build Wealth MN Inc

Nonprofit · Grant recipient Also a grantmaker → Minneapolis, MN EIN 25-1918239

Funding Overview

From IRS Form 990 filings · 2019–2025

Total received

$19.0M

Foundation funders

26

Grants recorded

65

Years covered

2019–2025

Who funds Build Wealth MN Inc?

Build Wealth MN Inc is funded by 26 grantmakers, led by The Bush Foundation ($3.9M), Family Housing Fund ($3.6M), JPMorgan Chase Foundation ($2.8M). In total, IRS Form 990 filings record $19.0M in grants to Build Wealth MN Inc between 2019–2025.

FunderTotal givenGrantsYears
The Bush Foundation$3,937,50032022–2024
Family Housing Fund$3,632,50052020–2024
JPMorgan Chase Foundation$2,780,00032023–2025
National Philanthropic Trust$2,000,00012024
Northwest Area Foundation$1,575,00062020–2024
The McKnight Foundation$1,425,00052022–2024
Target Foundation$1,025,00062021–2025
Pohlad Family Foundation$1,000,00022021–2023
Local Initiatives Support Corporation$433,70052020–2024
Wells Fargo Foundation$425,00022024–2025
The Minneapolis Foundation$157,40042019–2023
Minnesota Home Ownership Center$135,00022023–2024
Otto Bremer Trust$90,00022019–2020
Midwest Minnesota Community Development Corporation$75,00012024
The Jay and Rose Phillips Family$52,00022024
Greater Minnesota Housing Fund$50,00012023
The Affinity Plus Federal Credit Union Foundation$45,00022022–2024
TCHFH Lending Inc$32,00012025
The Blackbaud Giving Fund$31,62422022–2023
Prosperity Now$21,12522021–2022
Charities Aid Foundation America$20,00022023–2024
Results Foundation$20,00022022–2023
Ch Robinson Worldwide Foundation$15,00012022
Greater Green Bay Community Foundation Inc$10,00012022
The Richard M Schulze Family Foundation$10,00012022
Show all 26 funders
GHR Foundation$5,00012022

Funding over time

Grant dollars and counts received per year

$0$2M$4M$6M$8M2 grants2019 4 grants2020 9 grants2021 16 grants2022 14 grants2023 16 grants2024 4 grants2025

From 2019 to 2025, annual grant giving ranged from $93K (2019) to $7.0M (2023). In 2025 it made 4 grants totaling $1.4M.

What grants has Build Wealth MN Inc received?

Individual grants from IRS Form 990 filings, newest first

YearFunderPurposeAmount
2025JPMorgan Chase FoundationIN SUPPORT OF FINANCIAL HEALTH$860,000
2025Wells Fargo FoundationFamily Stabilization Plan Program$350,000
2025Target FoundationECONOMIC OPPORTUNITY - HOMETOWN$200,000
2025TCHFH Lending IncPROGRAM OPERATIONS$32,000
2024National Philanthropic TrustHUMAN SERVICES$2,000,000
2024The Bush FoundationSUPPORT FOR WORK RELATED TO A PROGRAM-RELATED INVESTMENT INTENDED TO SCALE AN INNOVATIVE MORTGAGE LENDING PROGRAM TO SUPPORT BLACK HOMEOWNERSHIP IN THE TWIN CITIES$1,375,000
2024The McKnight Foundationfor general operating support$250,000
2024Family Housing FundBUILDING EQUITY DOWN PAYMENT ASSISTANCE$200,600
2024Northwest Area FoundationGENERAL OPERATING SUPPORT$200,000
2024Target FoundationECONOMIC OPPORTUNITY - HOMETOWN$200,000
2024Minnesota Home Ownership CenterDPA CAPACITY FUNDS$90,000
2024JPMorgan Chase FoundationIN SUPPORT OF NEIGHBORHOOD REVITALIZATION$85,000
2024Wells Fargo Foundation9,000 EQUITIES INITIATIVE$75,000
2024Midwest Minnesota Community Development CorporationDPA CAPACITY GRANT$75,000
2024Local Initiatives Support CorporationSEE PART IV$60,000
2024The Jay and Rose Phillips FamilyBWMN FAMILY STABILIZATION PLAN - 541182$50,000
2024The Affinity Plus Federal Credit Union FoundationTO ENSURE FAMILIES HAVE ACCESS TO SAFE AND AFFORDABLE HOUSING.$30,000
2024The McKnight Foundationto support Build Wealth MN's 20th Anniversary Gala$10,000
2024Charities Aid Foundation AmericaCHARITABLE DONATION$10,000
2024The Jay and Rose Phillips FamilyTO SUPPORT THE 20TH ANNIVERSARY GALA CELEBRATION$2,000
2023JPMorgan Chase FoundationIN SUPPORT OF NEIGHBORHOOD REVITALIZATION$1,835,000
2023The Bush FoundationBUILD WEALTH MINNESOTA (BWM) WILL SCALE LOW-BARRIER MORTGAGE LOAN PROGRAMS TO INCREASE BLACK HOMEOWNERSHIP BY 15% IN THE TWIN CITIES. THE 9,000 EQUITIES FUND WILL LEVERAGE PHILANTHROPIC AND PUBLIC INVESTMENT TO TRANSFORM MORTGAGE LENDING BY PROVIDING 9,000 LOW-BARRIER MORTGAGE LOANS TO BORROWERS WITH LOW INCOMES. BWM PLANS TO RAISE $100 MILLION IN CAPITAL NEEDED FOR A PERMANENT REVOLVING MORTGAGE LOAN FUND TO ACHIEVE ITS GOAL OVER 10 YEARS. FINANCIAL COACHING AND TRAINING WILL PREPARE A PIPELINE OF HOMEBUYERS TO RECEIVE DOWN PAYMENT ASSISTANCE AND AN AFFORDABLE MORTGAGE FOR SUSTAINABLE HOMEOWNERSHIP. AFFORDABLE MORTGAGE LOANS AND LONG-TERM ASSISTANCE BY BWM WILL GROW EQUITY IN THEIR HOMES AND LEAD TO WEALTH CREATION BY BLACK FAMILIES.$1,375,000
2023Family Housing FundBuilding equity down payment assistance$1,292,400
2023The McKnight FoundationFor lending and seed capital for the 9000 Equities Targeted Mortgage Program$1,000,000
2023Pohlad Family FoundationPROGRAM$500,000
2023Northwest Area FoundationGENERAL OPERATING SUPPORT$500,000
2023Target FoundationECONOMIC OPPORTUNITY - HOMETOWN$200,000
2023Local Initiatives Support CorporationSEE PART IV$80,000
2023Greater Minnesota Housing FundOPERATIONAL SUPPORT$50,000
2023Minnesota Home Ownership CenterCAPACITY BUILDING$45,000

Showing 30 most recent of 65 recorded grants.

Frequently Asked Questions

Who funds Build Wealth MN Inc?

Build Wealth MN Inc is funded by 26 grantmakers, led by The Bush Foundation ($3.9M), Family Housing Fund ($3.6M), JPMorgan Chase Foundation ($2.8M). In total, IRS Form 990 filings record $19.0M in grants to Build Wealth MN Inc between 2019–2025.

Who is Build Wealth MN Inc's largest funder?

The Bush Foundation is the largest recorded funder of Build Wealth MN Inc, with $3.9M across 3 grants (2022–2024).

How much grant funding has Build Wealth MN Inc received?

IRS 990 filings record $19.0M in grants to Build Wealth MN Inc across 65 grants from 26 funders between 2019–2025. Filings are published on a delay, so recent grants may not appear yet.

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