100 years, $850 million in grants: After a century of community service, Minneapolis Foundation is "relevant as ever," still plays vital role in local life.
"It can be hard to figure out how to make a difference in the world....With limited resources, what’s the best way to have an impact? A hundred years from now, what will our community need most? Those were also good questions 100 years ago, when five Twin Cities business people started the Minneapolis Foundation, one of the first community foundations in the world. When the foundation was established in 1915, the concept behind it was brand-new: Its founders envisioned an organization that would enable people to pool their charitable giving for greater impact and address the community’s most pressing needs — even as those needs changed over time." -- Lowell Stortz, the Minneapolis Star-Tribune