Greater Milwaukee Foundation invests $1 million in Milwaukee County venture capital fund
Greater Milwaukee Foundation invests $1 million in Milwaukee County venture capital fund
GMF also investing $10 million in the redevelopment of the former Gimbels and Schuster’s building on King Drive
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Ellen Gilligan, president & CEO of the Greater Milwaukee Foundation, shares a story, Ex Fabula-style, describing her personal path to community work, and the role she sees for the foundation in advancing equity in the region. (Credit: Jim Moy)
The Greater Milwaukee Foundation announced it is investing $1 million in Gateway Capital, a venture capital fund focused on supporting pre-revenue startups in Milwaukee County. GMF said its investment is expected to support between 10…
By Greater Milwaukee Foundation - Dec 18th, 2020 10:41 am
Milwaukee, Wis., Dec. 18, 2020 – With $11 million newly allocated to venture capital and mission related investment, the Greater Milwaukee Foundation is on pace to exceed its recent five-year, $30 million commitment to impact investing as a means to advancing equitable economic opportunity.
The Foundation has invested $10 million with Royal Capital Group to support the acquisition and redevelopment of the property that will serve as the physical home of the community-centered ThriveOn Collaboration. The investment gives the Foundation an ownership stake in the former Gimbels-Schuster’s location on King Drive that will house its future headquarters, the Medical College of Wisconsin’s community engagement programs and first floor amenities for the community.
Focus is on positioning performing arts organizations for a strong return post-pandemic
Heather Dunn. Photo courtesy of UPAF.
MILWAUKEE (Dec. 16, 2020) – The United Performing Arts Fund (UPAF) has tapped three prominent business leaders to serve as co-chairs for the 2020 UPAF Community Campaign. The trio consists of
Heather Dunn, senior vice president and chief financial officer of West Bend Mutual Insurance Company,
Steve Johnson, regional president of BMO Private Bank and
“I am thrilled to have the support of this passionate group of leaders for my first UPAF Campaign as President & CEO” said
Patrick Rath, president and CEO of UPAF. “Our performing arts sector needs the support of many now more than ever. Our focus is to retain our incredible local talent and position ourselves for a prepared transition back to normal programming when it is safe to do so. Heather, Steve and Greg are a dynamic team who understand the critical role that the performing arts play in
ThriveOn Collaboration construction will begin in February. By Jeramey Jannene - Dec 15th, 2020 06:10 pm //end headline wrapper ?>Schuster’s redevelopment. Conceptual rendering by Engberg Anderson Architects.
Royal Capital Group announced Tuesday it purchased the former Gimbels department store at 2153 N. Martin Luther King Jr. Dr. The acquisition, from an affiliate of CH Coakley & Co., represents a key milestone in the redevelopment of the 455,000-square-foot complex.
The completed $84.5 million project will be known as the ThriveOn Collaboration and will have apartments, office space and community space under one roof. The project is a partnership between Royal Capital, the Medical College of Wisconsin (MCW) and Greater Milwaukee Foundation (GMF).
Royal Capital closes deal for King Drive building which Greater Milwaukee Foundation, MCW will occupy bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.