St. Paul, Minn.-based Sunrise Banks and the Federal Home Loan Bank of Des Moines awarded $10,000 grants to four Minneapolis-based nonprofits..Housing in Action, a nonprofit which builds opportunities for affordable and accessible homeownership along with rentals. Lake Street Council. Founded in 1968, programs support entrepreneurs, improve buildings and streetscapes, and communicate with businesses and executives in policy initiatives. Minnesota Consortium of Community Developers, an association of nonprofit community development organizations providing small business technical assistance and capital access. Metropolitan Economic Development Association, which provides business consulting, access to capital and connections. Stearns Bank provided $2,500 to each nonprofit, while FHLB Des Moines gave $7,500. The donations were through the FHLB’s Membership Impact Fund, which provides FHLB Des Moines up to $3 for every $1 in matching donations to assist nonprofits or government entities. “We are dedicated to supporting the work our nonprofit partners do every day to uplift the families, business owners and neighbors they serve,” says Bryan Toft, chief revenue officer at Sunrise Banks. “This matching grant program through FHLB Des Moines helps amplify that work to build stronger, more inclusive communities.”
