Propel Nonprofits

Capacity building initiatives:propel nonprofits intermediary capacity building initiatives aim to provide funding and relevant infrastructure to support minnesota nonprofits. In fy25, there were four active initiatives: seeding cultural treasures, nonprofit infrastructure grant program (nigp), cbi target, and rooted to last.in fy25, propel awarded $2.2 million to 55 culturally led nonprofit organizations for infrastructure funding through nigp. The 2023 - 2025 round of nigp funding is made possible through a $4 million appropriation coming through the minnesota department of employment and economic development (deed)also in fy25, propel continued work on the seeding cultural treasures initiative designed to nourish and cultivate the landscape of emerging arts and culture organizations run by and for black, indigenous, and other people of color.

Fiscal sponsorship:propel nonprofits fiscal sponsorship program supports emerging nonprofit organizations and projects that advance charitable causes and uplift their communities. We provide resources, consulting, technical assistance, and the ability to accept donations to our fiscally sponsored partners, especially those from historically excluded groups.-60 fiscally sponsored projects in fy25-$5,111,256 raised by/for clients in fy25-63% bipoc-led-10% greater minnesota

Strategic services and accounting and finance services:propel nonprofits' strategy consultants are experienced at providing strategic planning, succession planning, board development, strategic financial planning and other strategic services to organizations of all budget sizes, staff sizes, and more. In fy25, propel provided strategic consulting to 116 organizations, of which 69% were bipoc-led, 8% were in greater minnesota, and 63% were first-time clients of strategic services.propel nonprofits accounting & finance services: propel nonprofits accounting & finance program offers accounting and financial management services along with customized technical assistance which helps organizations understand their financial situation, identify priorities, and develop a plan of action for the near and long-term future.

Training, guidance, and knowledge sharing:propel nonprofits provides ongoing training, and technical assistance on topics ranging from financial management, accounting, governance, nonprofit business models, and organizational strategy.in fy25 propel presented a total of 102 trainings to 3,544 participants:-45 governance trainings-46 finances trainings-10 combined trainings and and finance trainings -1 custom training eventin fy25 there were 90 leaders circles participants; 30 board connector listings and 42 board member connections made.