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grants awarded - blog
Posted on

May 15, 2024


$3.1 Million in Racial and Economic Justice Grants Awarded

In a significant step towards fostering racial and economic equity, The Minneapolis Foundation has announced the recipients of its Racial and Economic Justice Grants naming MCCD as a recipient. 

The funding supports organizations and projects that:

  • Advance structural and systems change through policy advocacy, organizing, and movement building.
  • Invest in economic systems and practices that build wealth and stabilize communities.
  • Advance narrative strategies focused on racial and economic justice.
“For too long, traditional economic development practices have inflicted economic, social, and political harm on BIPOC and low-wealth communities. At MCCD, we see shared ownership as an approach that repairs this harm and builds community wealth.” – Elena Gaarder, CEO of MCCD

With the support of The Minneapolis Foundation and racial and economic justice at the core of our work we will continue to advance policy, create access to capital, and provide technical assistance to expand worker owned cooperative development.