
Creating community ownership that preserves affordability and inclusivity
City of Lakes Community Land Trust centers its grantmaking on preserving long-term affordable commercial space through community-driven redevelopment. The largest recent grant on file—$2,307,366 in 2023 to Partnership in Property Commercial Land Trust in Minneapolis—points to a funding strategy tied to commercial land trust work rather than a broad generalist portfolio. That award aligns with the foundation’s stated emphasis on affordable housing, property development and rehabilitation, and the community land trust model, with commercial space stabilization included in its topic taxonomy. The foundation’s work also reaches local residents indirectly through neighborhood economic revitalization and shared retail or workspace models. Its beneficiary list includes local small businesses and entrepreneurs, community-based organizations, and low- and moderate-income local residents. The grant programs show two clear ways it operates: a small Opportunity Fund for CLCLT homeowners and their households, and a commercial space selection process for businesses seeking to locate in CLCLT-managed property. Together, those programs suggest a funder focused on stewardship, occupancy, and long-term local asset building.
Affordable commercial real estate preservation is a core theme. In 2023, City of Lakes Community Land Trust gave $2,307,366 to Partnership in Property Commercial Land Trust for redeveloping and preserving long-term affordable commercial spaces through community-driven needs. The foundation also supports homeowner capacity and asset-building. Through the CLCLT Opportunity Fund, it offers one-time small grants of up to $500 for trainings, conferences, study materials, and business development for CLCLT homeowners and their immediate household. A third area is commercial space access for local enterprises. Its Commercial Land Trust — Commercial Space Selection program reviews applicants through a committee and Advisory Board for occupancy in CLCLT-managed commercial property, linking grantmaking to local business location and neighborhood economic development.
The clearest grant-size pattern is concentration: the reported p25, median, and p75 are all $2,307,366, indicating a single large grant amount in the available data. City of Lakes Community Land Trust is a public charity, not a fund for individuals, and it also makes program-related investments. The grant programs show a mix of one-time small support through the Opportunity Fund and a selection process for commercial space occupancy, so its giving is tied to stewardship and place-based operations rather than conventional open-call grant cycles. The recent record also shows a 2023 award, which fits a pattern of direct support for its own land trust model.
$2.3M
$15.8M
$2.3M
$4.3M
Most grants fall between $2.3M and $2.3M, with a median of $2.3M.
25th Percentile
$2.3M
Median
$2.3M
75th Percentile
$2.3M
About 100% of grants go to recipients in MN.
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Giving is fully local in the available record: 100% of grants go to recipients in Minnesota, and the top state by grant count is MN. The recent grant list names Minneapolis as the recipient city, matching the foundation’s service area. Program geography is also Minneapolis-focused, including the CLCLT Opportunity Fund and the Commercial Space Selection process for the Minneapolis metropolitan area and the City of Lakes service area.
Its stated focus areas include affordable housing, community land trust model work, homeownership education and support, property development and rehabilitation, and homeowner financial and technical assistance. Its topic taxonomy also includes affordable commercial real estate preservation, community-led redevelopment, neighborhood economic revitalization, small business space stabilization, and shared retail or workspace.
Through the CLCLT Opportunity Fund, it provides one-time small grants of up to $500 for trainings, conferences, study materials, and business development. The program is aimed at CLCLT homeowners and their immediate household to help build assets or benefit the community.
The available grant record shows a local scope of giving, with 100% of grants going to recipients in Minnesota. The recent grant list also names Minneapolis as the recipient city.
Yes. The Commercial Land Trust — Commercial Space Selection program is a selection process for businesses applying to occupy commercial space created by CLCLT. Applicants are reviewed by a committee and the Advisory Board for location in CLCLT-managed commercial property.
The reported p25, median, and p75 are all $2,307,366, reflecting a single grant amount in the available record. The recent grant list includes a 2023 award of that size to Partnership in Property Commercial Land Trust.
2023
Source: IRS Form 990-PF, fiscal year 2023.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| Partnership in Property Commercial Land Trust | Minneapolis, MN | $2,307,366 | 2023 | Redevelop and preserve long-term affordable commercial spaces through community driven needs. |
Partnership in Property Commercial Land Trust
$2,307,366Redevelop and preserve long-term affordable commercial spaces through community driven needs.