Our 2023 Impact
In 2023, we have been growing transformative power for a world where all women, girls, and gender-expansive people have what they need to thrive.
From Our President & CEO
We were born out of radical investment in a feminist future. This year, we’re celebrating 40 years of funding gender justice movements and the people who make it happen. Since we were founded in 1983, we have invested almost $50 million in communities around the state to remove barriers to equity and justice for women, girls, and gender-expansive people.
In the last year, we invested more than $3 million in community-led solutions and the programs and people that are building power, safety, well-being, and economic success with women, girls, and gender-expansive people across Minnesota.
We continue to increase our economic impact through mission-driven investing that includes Program Related Investments and aligning our $23 million in endowment investments with our mission.
Thank you for being part of our story in a transformative future together.
Gloria Perez
President & CEO
Our Impact By the Numbers
Fiscal Year 2023 | April 1, 2022 – March 31, 2023
$3.2M
invested in
158 organizations
254
total grants made into
the community
$2.3M
in grants made to
organizations and individuals
111,625
total Minnesotans
impacted
We serve thousands of people across four categories…
34%
Leadership &
Community Power
$439,150 | 86 grants
26%
Safety
$719,339 | 64 grants
22%
Holistic Well-Being & Reproductive Justice
$395,900 | 54 grants
18%
Economic Justice
$668,705 | 44 grants
…across multiple state regions
Metro (purple)
Rural & Greater MN (green)
Statewide (pink)
Out of state (orange)
Safety
Economic Justice
Leadership &
Community Power
Holistic Well-Being &
Reproductive Justice
Program Related Investments
WFM invests additional capital into communities through PRIs, which are below-market interest rate loans to Community Development Financial Institutions (CDFIs), who facilitate low-cost financial support and trainings to nonprofits. PRIs strengthen economic opportunities for women and girls, with an emphasis on rural and Greater MN, Latinx, African, and immigrant communities. Since 2011, WFM’s $1 million investment in PRIs has leveraged more than $10 million.
Lending capital increases access to:
- Funding for women and family-owned businesses
- Affordable housing
- Childcare centers
- Financial trainings
Meet Our PRI Partners
Featured Stories
Explore these feature stories from our impact areas.
Fadumo Ahmed
Funding Recipient
Impact in Program Related Investments
Northwest Minnesota Foundation
Through our Program Related Investment, Women’s Foundation funding contributed $10,000 to Fadumo Ahmed, so she could open Gold Childcare Center, a culturally supportive child care center in East Grand Forks. Fadumo has been able to rely on support, assistance, and advisement from multiple organizations through NMF.
Fadumo, who had been providing in-home childcare, set out to open a center as a solution to meet an increasing need in the community. She has seen Somali families struggle to find adequate childcare due to language difficulties, cultural barriers, and insufficient flexibilities.