Constellation Fund
Constellation Fund
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More about this organization
Mission
The mission of the Constellation Fund is to fight poverty in the Twin Cities by raising the living standards of individuals and families living below the poverty line in our seven-county metropolitan area. We take an outcome-based approach to this critical effort, prioritizing evidence over anecdotes in order to find, fund, and empower poverty-fighting services creating transformational impact in our community.[5]
About
In fiscal year 2019, Constellation Fund staff built grantmaking processes for a pilot grant cycle. Constellation's staff worked on the development of methods and procedures to estimate the economic impact of potential non-profit partners. This research consisted of identifying and summarizing evidence of the effectiveness of non-profit programs, identifying demographic characteristics of low-income individuals, and designing protocols to capture monetary benefits for these individuals. Constellation Fund awarded grants to three nonprofit organizations totaling $243,730, with no restrictions on the use of funds, a rare form of capital in the philanthropic sector that allows the organizations to grow their impact purposefully. In addition, grantees received connections to best-in-class pro bono partners to provide services and expertise otherwise inaccessible to most poverty-fighting organizations.
