Grants and initiatives
The Target Foundation prioritizes investments that explicitly center equity, with a focus on organizations working to address the specific systemic and structural barriers facing Black communities, Indigenous communities and other communities of color.
Through our national program, the Target Foundation invests in organizations that serve communities with programs focused on:
Investments through this program are made by invitation only. However, we recognize there is great work being done by organizations that may be unfamiliar to our team. If you believe your work aligns with our commitment and would like us to know about it, please share more about your organization and programs via a National General Information Form. Thank you!
National grantee spotlight
We’re proud to support Prosperity Now, a national nonproﬁt intermediary organization that brings together policy, programs, research and ﬁeld building work to ensure that everyone in the U.S. has a path to ﬁnancial stability, wealth and prosperity.
Prosperity Now works to tackle financial insecurity from all angles, including working with service providers to assess their approaches and practices in securing financial stability for their low-income and low-wealth clients. Additionally, it develops, tests and scales proven approaches to building wealth and conducting cutting-edge research on strategies that provide financial empowerment for low- and moderate-income families. It also collaborates with like-minded nonprofits and think tanks across the country to ensure everyone can prosper.
The Target Foundation’s grant is being used over two years to support Prosperity Now’s strategic efforts to respond to the growing financial insecurity of low-income as well as Black communities, Indigenous communities and communities of color (BIPOC) in the U.S. Prosperity Now is engaging in a multi-phased approach to the effort. It will include conducting research to listen to and engage with marginalized communities, and the service providers who work to support them, about their experience with the ﬁnancial security ecosystem and then exploring opportunities to work across sectors.
Using insights from the community-centered research, the nonprofit then will develop an agenda for how institutions and organizations can alter the ecosystem in a way that addresses the shortcomings low-income and BIPOC communities experience; amplify the grassroots strategies that work; and ultimately, build a pathway to ﬁnancial security for millions of people adapting to the rapidly changing economic landscape.