GMHF Receives Gift from MacKenzie Scott’s Yield Giving Foundation

We are elated to share that GMHF recently received a gift from MacKenzie Scott’s philanthropic organization, Yield Giving! This foundation, as many know, is the result of Scott’s commitment to give away at least half of her wealth to advance social justice.

GMHF was selected through the foundation’s ‘quiet research’ process, a testament to the incredible talent and dedication of GMHF’s staff and board. Yield Giving’s philosophy of giving ensures that GMHF will have the flexibility to maximize our efforts to support Minnesota’s affordable housing ecosystem. We thank the foundation for recognizing GMHF’s impact and the hard work of our staff and board. We also want to thank our valued partners across Minnesota who make our work possible.

This gift comes at a pivotal time for our organization. We are creating our next strategic plan that will move us forward, deepening our impact as a lender, partner, grantmaker, and affordable housing intermediary. This unexpected funding gives us more capacity to act as an effective strategic partner for affordable housing creation and preservation throughout Minnesota, with particular focus on Greater Minnesota communities. We can’t wait to expand our work!

Learn more about Yield Giving.

For more information, contact:

• Andrea Brennan, CEO and President
• Angie Johnson, Director of Capital Development & Investor Relations