Pathways 2 Prosperity (P2P) Fund
In 2014, the Foundation launched the one-year pilot of the Pathways to Prosperity (P2P) Fund to create unrestricted pathways to prosperity through education, employment, and wealth creation for low-income women, women of color, and women in greater Minnesota. Based on continued research, partnerships, learnings, and successes of the pilot year, the Foundation refined our program model in 2015 and will increase investments in P2P going forward.
The P2P Fund invests in organizations and institutions that focus on:
- Education and Workforce Development for low-income women that leads to middle-skill employment and pathways for career advancement and professional development.
- Wealth-Building that promotes and increases women’s wealth and financial status through education and services.
- Entrepreneurship to support and grow women-owned businesses.
- Policy/Advocacy Efforts that ensure pathways to prosperity for women.
To ensure women can successfully navigate resources and opportunities, the Foundation invests in innovative programs with best practices, including targeted program recruitment, mentoring and case management, cohort model, community partnerships, multi-generational approach, and customized wrap-around services (childcare, transportation, financial literacy, etc.).
Approximately 75 percent of P2P funds are targeted to programs serving women of color and 30 percent to programs in greater Minnesota.
Read the evaluation report of the pilot year:
Special thanks to the Walmart Foundation for its generous support of the Pathways 2 Prosperity (P2P) Fund.
Social Change Fund
The funding priorities of the Foundation’s Social Change Fund, which funded nonprofits and projects across the state working to advance women’s equity through social change, were transitioned into the Pathways 2 Prosperity (P2P) Fund and the Innovation Fund, beginning in FY17 (April 1, 2016 – March 31, 2017).