Latest news with #MemberImpactFund
Yahoo
14-06-2025
- Business
- Yahoo
Women's Shelter and Support Center receives $155,000 in support of its new emergency shelter facility
Jun. 13—ROCHESTER — The Women's Shelter and Support Center received a $155,000 grant from the Federal Home Loan Bank Member Impact Fund in support of the center's new emergency shelter facility. The grant will help expand staffing and programming to support survivors of domestic violence across 10 counties in southeastern Minnesota. "This investment not only strengthens our capacity to serve more survivors but reinforces our mission to provide safe shelter and supportive services for survivors and their children," Artyce Thomas, executive director of the center, said in a statement. "We are incredibly grateful to have financial partners who recognize that access to safe housing is not a privilege — it's a foundation for healing and long-term stability." WSSC supports nearly 3,000 individuals through shelter and advocacy services each year. The new shelter, currently under construction, will more than double the organization's housing capacity to provide a safe haven for up to 75 individuals at a time, the statement said. In 2026, WSSC will mark 50 years of service. "We are proud to partner with our member financial institutions and local nonprofits to invest in the well-being of Minnesotans," Kris Williams, president and CEO of Federal Home Loan Bank of Des Moines, Iowa, said in the statement. "Everyone deserves access to safe, stable housing, and this project reflects that shared commitment." The Member Impact Fund is a matching grant program from FHLB Des Moines that leverages the strength of member financial institutions to invest in community-based initiatives across the bank's district, according to the statement.
Business Wire
12-06-2025
- Business
- Business Wire
Affinity Plus Foundation, FHLB Des Moines Award $1 Million in Grants to 41 Minnesota Nonprofit Organizations
ST. PAUL, Minn.--(BUSINESS WIRE)--The Affinity Plus Foundation, in partnership with the Federal Home Loan Bank of Des Moines (FHLB Des Moines), is excited to announce $1 million in Member Impact Fund grants to 41 nonprofit organizations across Minnesota. The Member Impact Fund matches up to $3 for every $1 contributed by FHLB Des Moines member institutions, supporting affordable housing and community development initiatives statewide. In partnership with FHLB Des Moines, the Affinity Plus Foundation announces $1 million in Member Impact Fund grants to 41 nonprofit organizations across Minnesota to support housing and community development initiatives statewide. Share "Through this grant program, we are able to significantly expand our local charitable impact and support the incredible work of nonprofits serving our communities,' said Jacquie Twedt, Board Chair of the Affinity Plus Foundation. 'Whether it's building transitional housing, delivering financial education, or improving food security, these organizations are the backbone of a stronger Minnesota." The Affinity Plus Foundation has been a proud partner of many of these nonprofit organizations for several years. Together, they remain dedicated to improving their communities through affordable housing, community development and basic needs programs. Notable Grant Recipients Joy Collaborative ($140,000): Construction of a mobile 'Joy Zone' for sensory-friendly respite at events for youth and adults with disabilities or life-limiting diseases. Lutheran Social Services ($100,000): Statewide re-activation of Train the Trainer financial education for nonprofit educators. New Pathways ($100,000): Funding towards a new, state of the art transitional housing center for families in Isanti County, including on-site resources for families experiencing homelessness. Kitchen Coalition/Second Harvest Heartland ($45,000): Providing additional culturally connected 'heat & eat' meals for food-insecure Minnesotans, expansion of local meal distribution partners. Minnesota Council for Economic Education ($15,000): High School Personal Finance workshops certify high school educators to deliver required personal finance curriculum, making these life skills more accessible to students. The donation will expand the organization's capacity to offer this workshop to 15 additional educators. 'The Member Impact Fund continues to be a powerful resource in supporting our members as they expand access to affordable housing and drive community development,' said Kris Williams, president and CEO of FHLB Des Moines. 'It's inspiring to see the partnerships centered around improving local communities in such a variety of ways.' Community & Regional Grant Recipients Grants were also awarded to nonprofits making a difference in affordable housing, housing stability, and food security, including: Housing Stability Grants ($25,000 each): One Roof Community Housing (Duluth), St. Vincent de Paul dba St. Phillips Conference (Bemidji), ServeMinnesota (statewide), Northwoods Habitat for Humanity (Bemidji), Neighborhood House (St. Paul), Habitat for Humanity of Morrison County (Little Falls), Women's Shelter & Support Center (Rochester), Relationship Safety Alliance (Brainerd), Life House (Duluth), Habitat for Humanity serving Winona County (Winona), Twin Cities Habitat for Humanity (St. Paul), Community Action Center (Northfield), Partnership for Affordable Housing (Mankato), Fergus Falls Habitat for Humanity (Fergus Falls), Habitat for Humanity of Douglas County (Alexandria), Committee Against Domestic Abuse (Mankato). Food Security Grants ($10,000 each): Feeding Our Community Partners (Mankato), Open Arms of Minnesota (St. Paul), Duluth Community School Collaborative (Duluth), North Country Food Bank (East Grand Forks), Kaitlyn's Kloset (Eagan), Open Hands Midway (St. Paul), The Sanneh Foundation (St. Paul), Neighbors, Inc. (South St. Paul), Outreach Food Shelf (Alexandria), Bridges of Hope (Brainerd), United Way of Bemidji Area (Bemidji), Open Cupboard (Oakdale), Emergency Community Help Organization (ECHO, Mankato), Valley Outreach (Stillwater), Channel One Regional Food Bank (Rochester), Rural Enrichment & Counseling Headquarters (REACH, Moorhead), People's Church (Bemidji), The Food Group Minnesota (Minneapolis), The Open Door Pantry (Eagan), Second Harvest Northland (Grand Rapids). About the Affinity Plus Foundation The Affinity Plus Foundation, a 501(c)(3) nonprofit established by Affinity Plus Federal Credit Union and based in St. Paul, Minn., is committed to building stronger communities through brighter financial futures for all. Through initiatives focused on housing stability, financial well-being, food security and access to education, the Affinity Plus Foundation creates lasting impact in the communities it serves. Since its inception in 2000, the Affinity Plus Foundation has awarded more than $2 million in grants and scholarships, empowering individuals and organizations to overcome barriers and achieve brighter financial futures. Learn more about the Foundation's mission and programs at About Federal Home Loan Bank of Des Moines Federal Home Loan Bank of Des Moines is deeply committed to strengthening communities, serving 13 states and three U.S. Pacific territories as a member-owned cooperative. The bank works with more than 1,200 member institutions to support affordable housing, economic development, and community improvement. Learn more at
Yahoo
09-06-2025
- Business
- Yahoo
Bridgewater Bank and Federal Home Loan Bank of Des Moines Award $800,000 to Minnesota Nonprofits Through Matching Grant Program
ST. LOUIS PARK, Minn., June 09, 2025--(BUSINESS WIRE)--Bridgewater Bank, in partnership with the Federal Home Loan Bank of Des Moines (FHLB Des Moines), has awarded $800,000 to 23 local nonprofit organizations through the 2025 Member Impact Fund, a matching grant initiative focused on strengthening affordable housing and community development efforts. The Member Impact Fund provides members with up to $3 in matching funds for every $1 contributed to eligible nonprofits. Beyond its previously planned 2025 charitable giving, Bridgewater Bank committed an additional $100,000, resulting in a significantly larger pool of support for nonprofit partners serving Minnesota communities. "As a local bank and leader in the affordable housing space, we are thrilled to amplify our community impact through this meaningful collaboration with FHLB Des Moines," said Nick Place, Chief Banking Officer at Bridgewater Bank. "This program strengthens our ability to support some of the most impactful organizations in our state and bring transformational resources to the table." Confirmed grant recipients include: Minnesota Housing Partnership CommonBond Communities Habitat for Humanity of Minnesota Twin Cities Housing Alliance Bridging Trellis Rethos (Full recipient list available upon request) "Minnesota Housing Partnership is deeply grateful to Bridgewater Bank for their generous and strategic contribution to advancing our work. Across Minnesota, we need more homes to help our state thrive—and each of us has a role to play in making that happen. Our partnership with Bridgewater Bank reflects a shared commitment to creating the homes Minnesota needs," said Anne Mavity, Executive Director of Minnesota Housing Partnership. Since its founding in 2023, the Member Impact Fund has supported affordable housing and community development with nearly $70 million in grants awarded by FHLB Des Moines. "The Member Impact Fund continues to be a powerful resource in supporting our members as they expand access to affordable housing and drive community development," said Kris Williams, President and CEO of FHLB Des Moines. "It's inspiring to see the partnerships centered around improving local communities in such a variety of ways." Member FDIC | Equal Housing Lender About Bridgewater Bridgewater Bancshares, Inc. (Nasdaq: BWB) is a St. Louis Park, Minnesota-based financial holding company founded in 2005. Its banking subsidiary, Bridgewater Bank, is a premier, full-service bank dedicated to providing responsive support and simple solutions to businesses, entrepreneurs, and successful individuals across the Twin Cities. Bridgewater offers a comprehensive suite of products and services spanning deposits, lending, and treasury management solutions. Bridgewater has also received numerous awards for its banking services and esteemed corporate culture. With total assets of $5.1 billion and nine strategically located branches as of March 31, 2025, Bridgewater is one of the largest locally-led banks in Minnesota and is committed to being the finest entrepreneurial bank. For more information, please visit About FHLB Des Moines The Federal Home Loan Bank of Des Moines is deeply committed to strengthening communities, serving 13 states and three U.S Pacific territories as a member-owned cooperative. We work together with over 1,200 member institutions to support affordable housing, economic development and community improvement. FHLB Des Moines is one of 11 regional Banks that make up the Federal Home Loan Bank System. Members include community and commercial banks, credit unions, insurance companies, thrifts and community development financial institutions. FHLB Des Moines is wholly owned by its members and receives no taxpayer funding. For additional information about FHLB Des Moines, please visit View source version on Contacts Media Contacts:Jessica Stejskal | SVP Marketing | Bridgewater | 952.893.6860 Rachel Wegmann | Public Relations Manager | FHLB Des Moinesrwegmann@ | 515.412.2357 Investor Contact | Bridgewater Bank: Justin Horstman | VP Investor | 952.542.5169
Business Wire
09-06-2025
- Business
- Business Wire
Bridgewater Bank and Federal Home Loan Bank of Des Moines Award $800,000 to Minnesota Nonprofits Through Matching Grant Program
BUSINESS WIRE)--Bridgewater Bank, in partnership with the Federal Home Loan Bank of Des Moines (FHLB Des Moines), has awarded $800,000 to 23 local nonprofit organizations through the 2025 Member Impact Fund, a matching grant initiative focused on strengthening affordable housing and community development efforts. The Member Impact Fund provides members with up to $3 in matching funds for every $1 contributed to eligible nonprofits. Beyond its previously planned 2025 charitable giving, Bridgewater Bank committed an additional $100,000, resulting in a significantly larger pool of support for nonprofit partners serving Minnesota communities. 'As a local bank and leader in the affordable housing space, we are thrilled to amplify our community impact through this meaningful collaboration with FHLB Des Moines,' said Nick Place, Chief Banking Officer at Bridgewater Bank. 'This program strengthens our ability to support some of the most impactful organizations in our state and bring transformational resources to the table.' Confirmed grant recipients include: Minnesota Housing Partnership CommonBond Communities Habitat for Humanity of Minnesota Twin Cities Housing Alliance Bridging Trellis Rethos (Full recipient list available upon request) 'Minnesota Housing Partnership is deeply grateful to Bridgewater Bank for their generous and strategic contribution to advancing our work. Across Minnesota, we need more homes to help our state thrive—and each of us has a role to play in making that happen. Our partnership with Bridgewater Bank reflects a shared commitment to creating the homes Minnesota needs,' said Anne Mavity, Executive Director of Minnesota Housing Partnership. Since its founding in 2023, the Member Impact Fund has supported affordable housing and community development with nearly $70 million in grants awarded by FHLB Des Moines. 'The Member Impact Fund continues to be a powerful resource in supporting our members as they expand access to affordable housing and drive community development,' said Kris Williams, President and CEO of FHLB Des Moines. 'It's inspiring to see the partnerships centered around improving local communities in such a variety of ways.' Member FDIC | Equal Housing Lender About Bridgewater Bridgewater Bancshares, Inc. (Nasdaq: BWB) is a St. Louis Park, Minnesota-based financial holding company founded in 2005. Its banking subsidiary, Bridgewater Bank, is a premier, full-service bank dedicated to providing responsive support and simple solutions to businesses, entrepreneurs, and successful individuals across the Twin Cities. Bridgewater offers a comprehensive suite of products and services spanning deposits, lending, and treasury management solutions. Bridgewater has also received numerous awards for its banking services and esteemed corporate culture. With total assets of $5.1 billion and nine strategically located branches as of March 31, 2025, Bridgewater is one of the largest locally-led banks in Minnesota and is committed to being the finest entrepreneurial bank. For more information, please visit About FHLB Des Moines The Federal Home Loan Bank of Des Moines is deeply committed to strengthening communities, serving 13 states and three U.S Pacific territories as a member-owned cooperative. We work together with over 1,200 member institutions to support affordable housing, economic development and community improvement. FHLB Des Moines is one of 11 regional Banks that make up the Federal Home Loan Bank System. Members include community and commercial banks, credit unions, insurance companies, thrifts and community development financial institutions. FHLB Des Moines is wholly owned by its members and receives no taxpayer funding. For additional information about FHLB Des Moines, please visit
