Apple Tree Dental is pleased to announce that the nonprofit organization has just finished the final steps to join forces with ADT Dental, a clinic located in Uptown Minneapolis, and with the nonprofit it helped found, called Ready, Set, Smile. ADT Dental is Apple Tree’s ninth Center for Dental Health, and its third Center located in the Twin Cities region. An innovative funding model that combines both charitable grants and Program-Related Investment (PRI) loans made the partnership possible. The approach was designed to accelerate the growth of nonprofit, Critical Access Dental (CAD) providers, like Apple Tree and Ready, Set, Smile.

When Venn Foundation and Youthprise collaborated to launch MAA with a small pilot in Northfield, MN, in 2018, they used an innovative financing tool called program-related investments (PRIs) to help five students access $1,500 in educational enrichment services. Just four years later, MAA has reached a major milestone. In 2022 alone, the program has advanced over $1 Million in support of 1,150+ students. With two months remaining this year, these numbers continue to grow. Over the past two years, the program has assisted students in over 200 Minnesota cities across 70 counties.

The $1.5 million major gift launches a campaign to raise a total of $2.5 million in charitable capital to build housing for seasonal workers in Rangeley and on Saddleback Mountain. Construction on the $4.5 million, 100-bed accommodation could start as early as late spring 2022. Saddleback Mountain seeks to raise an addition $1 million in charitable gifts for affordable workforce housing and the remaining $2 million in construction costs will come from other sources.

Thrivent Charitable Impact & Investing (Thrivent Charitable) announced today a grant of up to $1 million to Venn Foundation and Youthprise to accelerate the growth of their joint Minnesota Afterschool Advance (MAA) initiative over the next year.

Saddleback Mountain, in collaboration with Venn Foundation, is pleased to announce the launch of a new phase in its philanthropic campaign as well as a significant lead gift. Inspired by the rapid progress on re-opening Saddleback Mountain with its much-anticipated, new high-speed detachable quad, PARC Foundation has pledged $1.3 million to Venn Foundation, which has assumed a leadership role in raising charitable capital from supporting donors and deploying it into the Saddleback Mountain project.