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Association for Black Economic Power Creates New Alliances with Leading Community-Based Organizations and Credit Union Industry Partners for the Launch of Village Financial Cooperative

Association for Black Economic Power (ABEP) announced today new support for the launch of the
Village Financial Cooperative from two leading organizations in the credit union sector. “We remain committed to the launch of the Village Financial Cooperative, and will be working in close coordination with both the Minnesota Credit Union Network, and the African-American Credit Union Coalition,” said Ms. Hurston.
Mr. Mark Cummins, President & CEO of the Minnesota Credit Union Network said, “We’re seeking to provide the critical mentorship and support needed for the launch of the Village Financial Cooperative. Our member credit unions and the staff at the Minnesota Credit Union Network are truly excited to bring the cooperative principles of the credit union movement to this worthy project.” ....

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Phillips Family Foundation and Minneapolis Foundation form partnership

Phillips Family Foundation and Minneapolis Foundation form partnership
Phillips and Minneapolis foundations say the deal will help to advance equity.
March 5, 2021 8:00am
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Two prominent Minneapolis foundations are forming what leaders are calling a partnership to boost equity initiatives.
The Minneapolis Foundation announced Thursday a new strategic operating partnership with the Jay and Rose Phillips Family Foundation of Minnesota, the longstanding north Minneapolis organization that s donated millions of dollars to the city s North Side.
The move, effective at the end of March, means the Phillips Foundation will pay the Minneapolis Foundation to run Phillips administrative services and deliver its grants, said R.T. Rybak, president of the Minneapolis Foundation. ....

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2 Civic Organizations Recognized with 'That Deserves a Crown' Awards

Courtesy of Northside Funders
Crown Royal collaborated with the Minnesota Vikings this year to create the That Deserves a Crown awards to be presented to civic organizations who are making positive impacts in the community.
While many organizations have done admirable work in the Twin Cities, the Vikings and Crown Royal are pleased to announce the selection of Northside Funders Group and Lake Street Council as the winners of the awards.
Crown Royal will present $1,000 grants to both organizations to honor their giving spirits.
Here is more information on the organizations that have helped members of the community respond to adversities since their founding and especially in a 2020 filled with challenges. ....

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