We’re grieving with the community over the murder of George Floyd, of Ahmaud Arbery and Breonna Taylor. We say their names and hold a too-long list of other Black and Brown people in our hearts. We believe that black lives matter.
The Target Foundation is committed to upholding equity and inclusion for underserved and under-resourced communities that enables shared prosperity and opportunity for all. We invest in leaders, organizations, coalitions, and networks that expand economic opportunity equitably, enabling marginalized communities to determine their own futures. We support strategies that center and elevate the voices, stories and leadership of individuals and communities that have been silenced for hundreds of years.
We remain committed as always to our hometown communities of Minneapolis and St. Paul. Through our hometown program, the Target Foundation concentrates its investments in organizations working to address the specific systemic and structural barriers facing Black, Indigenous and other communities of color.
Specifically, we have committed $5 million to our hometown focus of creating pathways to job placement through technical training and skills building, increasing and preserving housing affordability and availability, and improving financial inclusion and wealth-building opportunities for traditionally marginalized communities. In addition, we will amplify our investment in organizations supporting the recovery and rebuilding of Black-, Indigenous- and People-of-Color-owned businesses.
Ahead of us lies a long journey of listening and learning, working in partnership and standing side by side in solidarity with the Black community and marginalized communities everywhere. We will stand with our grantees and our partners in the fight against racism and the fight for human rights.
For more than 100 years, the Target Foundation (previously the Dayton Foundation) has upheld the idea that the prosperity of business is dependent on the prosperity of the communities in which they operate. It’s an important part of our history and our commitment to serve and support our neighbors in our hometown community and, now, around the world.
Historically, the Foundation has supported organizations in the Twin Cities and surrounding communities. In 2019, the Foundation expanded its support to address the growing urgency in our hometown, across the country and globally to help address widening socio-economic gaps.
The Target Foundation supports organizations focused on making a difference in: