We are elated to share that GMHF recently received a gift from MacKenzie Scott’s philanthropic organization, Yield Giving. This foundation 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 our staff and board. Yield Giving’s philosophy of giving ensures that we will have the flexibility to maximize our efforts to support Minnesota’s affordable housing ecosystem.
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!