Hometown Foundation Programs
At Target Foundation, we believe a vibrant and growing economy is only possible when economic opportunities are available to all our neighbors. Target Foundation is committed to advancing shared prosperity in the Twin Cities of Minneapolis and St. Paul and the greater state of Minnesota.
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Grants and initiatives
In addition to supporting the overarching Minneapolis-St. Paul philanthropic ecosystem and addressing persistent and immediate community needs, the Target Foundation hometown program concentrates its investments in organizations working to address the barriers facing underserved and under-resourced communities. We do this in four priority areas: entrepreneurship and small business, workforce development, housing and asset building.
Entrepreneurship and Small Business
The Foundation supports entrepreneurship initiatives that address current ecosystem gaps, drive inclusive practices and create access to knowledge, services, networks and capital for entrepreneurs at all stages.
Workforce Development
The Foundation supports employment and technical training opportunities to ensure the workforce development system operates effectively and connects job seekers and workers with the skills they need to succeed.
Housing
The Foundation supports efforts that increase housing availability, stability and access — creating pathways to greater opportunity.
Asset Building
The Foundation supports organizations that are engaged in work to increase financial inclusion, wealth building and overall financial health.
How to apply
The 2025 Target Foundation Hometown grant application is now open and will close on Thursday, May 22 at 6:00 p.m. CT. All Minnesota-based 501(c)(3) organizations are welcome to apply. Please carefully review our funding guidelines before submitting an application.