Supports and strengthens communities through philanthropic investments and corporate giving across hometown, national, and global programs, including disaster response and volunteerism.
Target Foundation’s recent grantmaking is anchored by a $1,000,000 series of global economic opportunity grants in 2025, including awards to The Acumen Fund Inc., Issara Institute Inc., Peoples Courage International Inc., Co-Impact Philanthropic Funds Inc., and Caf America. That pattern shows a funder using both direct operating support and intermediary organizations to move money into economic mobility work across global and national settings. The foundation funds community development, disaster relief, and volunteerism through a mix of hometown, national, and global programs. Its giving reaches working people and families, community organizations in Target store communities, and nonprofits operating in emerging economies. Recent grant records also show support for organizations in Minneapolis, Saint Paul, and other U.S. cities, alongside national ecosystem groups that sit between funder and frontline program delivery. Target Foundation is a private foundation with annual grants of $23,075,000 and assets of $73,909,184. The 2025 grant list shows a clear emphasis on economic opportunity, with large awards at multiple levels and smaller hometown grants tied to the Minneapolis–St. Paul area.
Economic opportunity is the clearest throughline in the grant record. The foundation gave $750,000 to Common Future for economic opportunity - national work, and $250,000 to Opportunity Finance Network for economic opportunity - national work. It also backs organizations that build the infrastructure around that work. For example, it awarded $300,000 to Myriad USA Inc. for economic opportunity - global (ecosystem) and $250,000 to Financial Health Network Inc. for economic opportunity - national work. Local community vitality appears in the hometown portfolio as well. Target Foundation gave $200,000 to Youthprise and $200,000 to Comunidades Latinas Unidas En Servicio Inc. for economic opportunity - hometown work in Minneapolis–St. Paul.
The recent grant record shows a tiered pattern: $1,000,000 awards at the top end, $750,000 and $600,000 grants in the middle, and $250,000 to $500,000 grants across national partners, with $200,000 hometown awards also appearing. The distribution suggests a mix of large anchor grants and smaller place-based grants. The foundation is a private foundation and a regular funder. Its active programs are invitation-based rather than open-call for most tracks, and the local Target GiftCard Donations program is the only listed channel that accepts unsolicited requests. Recent records also show repeat funding to the same intermediary, Caf America, across separate 2025 grants, which points to multi-grant use of some partners.
$23.1M
$73.9M
$2.8M
$25.2M
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Grantmaking is overwhelmingly U.S.-based in the recent record, with 125 grants and 100.0% of the recipient-country distribution going to U.S. organizations. Within the U.S., recent recipients include New York, San Francisco, Washington, DC, Oakland, and Minneapolis. Hometown awards also reached Saint Paul. The strongest visible place-based concentration is in Minnesota through hometown and local economic opportunity grants, even though the foundation’s headquarters are in Minneapolis. National and global economic opportunity grants extend well beyond Minnesota, but the recipient list in the recent grants shown is entirely domestic.
Target Foundation supports community development, disaster relief, and volunteerism, with active programs spanning economic opportunity, financial resilience, hometown community support, global economic opportunity, and emergency student aid. The recent grant list is dominated by economic opportunity awards, including national, hometown, and global categories.
Most listed programs are invitation-only or administered through Target’s internal channels. The only active program in the data that accepts unsolicited requests is Target GiftCard Donations, which uses a store GiftCard request form for qualified local nonprofits and accredited schools.
The recent record shows grants clustered at several levels: $1,000,000, $750,000, $600,000, $500,000, $300,000, $250,000, and $200,000. The smallest active programlisted grant size is Target Scholars ESA at $0–$500, while Target GiftCard Donations has an average of $25–$50 and a maximum of $500 per year, per agency.
Recent grants are entirely U.S.-based, but the portfolio includes national grants, hometown awards in Minneapolis–St. Paul and greater Minnesota, and local support tied to Target store communities. The active program list also includes global grantmaking in emerging economies.
The data shows both programmatic repetition and repeat support to some partners. For example, Caf America appears more than once in the 2025 top grants list, and the Hometown Program has a formal annual cycle with the 2025 cycle closed and the next expected in Spring 2026.
2025
Source: IRS Form 990-PF, fiscal year 2025.
Financiamiento actual y próximo de Target Foundation al que tu organización sin fines de lucro podría postularse.
¿Quién puede postularse? Organization must provide government affirmation letter or IRS-provided letter verifying nonprofit status, or be an accredited public school. Available February through December as funding permits.
Fecha límite: Available February through December; subject to funding availability.
¿Quién puede postularse? Eligible entities must be a current 501(c)(3) public charity or a school. Schools may include K-12 public or nonprofit private schools, charter schools, community/junior colleges, state/private colleges, or universities with an NCES number.
Fecha límite: The 2026 Hometown grant cycle is now closed; next application cycle expected in Spring 2027.
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Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| CAF AMERICA | ALEXANDRIA, VA | $1,000,000 | 2025 | ECONOMIC OPPORTUNITY - GLOBAL |
| PEOPLES COURAGE INTERNATIONAL INC | WASHINGTON, DC | $1,000,000 | 2025 | ECONOMIC OPPORTUNITY - GLOBAL |
| CO-IMPACT PHILANTHROPIC FUNDS INC | NEW YORK CITY, NY | $1,000,000 | 2025 | ECONOMIC OPPORTUNITY - GLOBAL |
| THE ACUMEN FUND INC | NEW YORK, NY | $1,000,000 | 2025 | ECONOMIC OPPORTUNITY - GLOBAL |
| ISSARA INSTITUTE INC | VAUGHN, WA | $1,000,000 | 2025 | ECONOMIC OPPORTUNITY - GLOBAL |
| FIRST NATIONS DEVELOPMENT INSTITUTE | LONGMONT, CO | $750,000 | 2025 | ECONOMIC OPPORTUNITY - NATIONAL |
| COMMON FUTURE | SAN FRANCISCO, CA | $750,000 | 2025 | ECONOMIC OPPORTUNITY - NATIONAL |
| POLICYLINK | OAKLAND, CA | $600,000 | 2025 | ECONOMIC OPPORTUNITY - NATIONAL (ECOSYSTEM) |
| NEIGHBORHOOD TRUST FINANCIAL PARTNERS | NEW YORK, NY | $500,000 | 2025 | ECONOMIC OPPORTUNITY - NATIONAL |
| PROSPERITY NOW | WASHINGTON, DC | $500,000 | 2025 | ECONOMIC OPPORTUNITY - NATIONAL |
| MISSION ASSET FUND | SAN FRANCISCO, CA | $500,000 | 2025 | ECONOMIC OPPORTUNITY - NATIONAL |
| EARN INC | SAN FRANCISCO, CA | $500,000 | 2025 | ECONOMIC OPPORTUNITY - NATIONAL |
| FUND FOR THE CITY OF NEW YORK INC | NEW YORK, NY | $300,000 | 2025 | ECONOMIC OPPORTUNITY - GLOBAL (ECOSYSTEM) |
| MYRIAD USA INC | NEW YORK, NY | $300,000 | 2025 | ECONOMIC OPPORTUNITY - GLOBAL (ECOSYSTEM) |
| CAF AMERICA | ALEXANDRIA, VA | $300,000 | 2025 | ECONOMIC OPPORTUNITY - GLOBAL |
| CHAPEL & YORK FOUNDATION INC | NEW YORK, NY | $300,000 | 2025 | ECONOMIC OPPORTUNITY - GLOBAL (ECOSYSTEM) |
| FINANCIAL HEALTH NETWORK INC | CHICAGO, IL | $250,000 | 2025 | ECONOMIC OPPORTUNITY - NATIONAL |
| MDC INC | DURHAM, NC | $250,000 | 2025 | ECONOMIC OPPORTUNITY - NATIONAL |
| OPPORTUNITY FINANCE NETWORK | PHILADELPHIA, PA | $250,000 | 2025 | ECONOMIC OPPORTUNITY - NATIONAL |
| FEDERATION OF APPLACHIAN HOUSING INC | BEREA, KY | $250,000 | 2025 | ECONOMIC OPPORTUNITY - NATIONAL |
| CHANGE MACHINE | BROOKLYN, NY | $250,000 | 2025 | ECONOMIC OPPORTUNITY - NATIONAL |
| DREAMSPRING | ALBUQUERQUE, NM | $250,000 | 2025 | ECONOMIC OPPORTUNITY - NATIONAL |
| THIRD SECTOR NEW ENGLAND INC | BOSTON, MA | $250,000 | 2025 | ECONOMIC OPPORTUNITY - NATIONAL (ECOSYSTEM) |
| GRAMEEN AMERICA INC | JACKSON HTS, NY | $250,000 | 2025 | ECONOMIC OPPORTUNITY - NATIONAL |
| ACCION OPPORTUNITY FUND COMMUNITY DEVELOPMENT | SAN JOSE, CA | $250,000 | 2025 | ECONOMIC OPPORTUNITY - NATIONAL |
| OKLAHOMA NATIVE ASSETS COALITION INC | OKLAHOMA CITY, OK | $250,000 | 2025 | ECONOMIC OPPORTUNITY - NATIONAL |
| BUILD FROM WITHIN ALLIANCE | SAINT PAUL, MN | $250,000 | 2025 | ECONOMIC OPPORTUNITY - NATIONAL |
| NEW MAJORITY CAPITAL FOUNDATION INC | WAKEFIELD, MA | $250,000 | 2025 | ECONOMIC OPPORTUNITY - NATIONAL |
| NEXUS COMMUNITY PARTNERS | SAINT PAUL, MN | $200,000 | 2025 | ECONOMIC OPPORTUNITY - HOMETOWN (ECOSYSTEM) |
| BUILD WEALTH MN INC | MINNEAPOLIS, MN | $200,000 | 2025 | ECONOMIC OPPORTUNITY - HOMETOWN |
| URBAN LEAGUE TWIN CITIES | MINNEAPOLIS, MN | $200,000 | 2025 | ECONOMIC OPPORTUNITY - HOMETOWN |
| NATIVE GOVERNANCE CENTER | MINNEAPOLIS, MN | $200,000 | 2025 | ECONOMIC OPPORTUNITY - HOMETOWN (ECOSYSTEM) |
| MNI SOTA FUND | MINNEAPOLIS, MN | $200,000 | 2025 | ECONOMIC OPPORTUNITY - HOMETOWN |
| NEIGHBORHOOD DEVELOPMENT CENTER INC | SAINT PAUL, MN | $200,000 | 2025 | ECONOMIC OPPORTUNITY - HOMETOWN |
| YOUTHPRISE | MINNEAPOLIS, MN | $200,000 | 2025 | ECONOMIC OPPORTUNITY - HOMETOWN |
| JUXTAPOSITION INC | MINNEAPOLIS, MN | $200,000 | 2025 | ECONOMIC OPPORTUNITY - HOMETOWN |
| HOPE COMMUNITY INC | MINNEAPOLIS, MN | $200,000 | 2025 | ECONOMIC OPPORTUNITY - HOMETOWN |
| WOMENS FOUNDATION OF MINNESOTA | MINNEAPOLIS, MN | $200,000 | 2025 | ECONOMIC OPPORTUNITY - HOMETOWN (ECOSYSTEM) |
| CAF AMERICA | ALEXANDRIA, VA | $200,000 | 2025 | ECONOMIC OPPORTUNITY - GLOBAL |
| HMONG AMERICAN PARTNERSHIP | SAINT PAUL, MN | $200,000 | 2025 | ECONOMIC OPPORTUNITY - HOMETOWN |
| COMUNIDADES LATINAS UNIDAS EN SERVICIO INC | SAINT PAUL, MN | $200,000 | 2025 | ECONOMIC OPPORTUNITY - HOMETOWN |
| NORTHSIDE ECONOMIC OPPORTUNITY NETWORK | MINNEAPOLIS, MN | $200,000 | 2025 | ECONOMIC OPPORTUNITY - HOMETOWN |
| LOCAL INITIATIVES SUPPORT CORPORATION | ST PAUL, MN | $200,000 | 2025 | ECONOMIC OPPORTUNITY - HOMETOWN |
| AMERICAN INDIAN OIC INC | MINNEAPOLIS, MN | $175,000 | 2025 | ECONOMIC OPPORTUNITY - HOMETOWN |
| AFRICAN DEVELOPMENT CENTER | MINNEAPOLIS, MN | $175,000 | 2025 | ECONOMIC OPPORTUNITY - HOMETOWN |
| METROPOLITAN ECONOMIC DEVELOPMENT ASSOCIATION | MINNEAPOLIS, MN | $175,000 | 2025 | ECONOMIC OPPORTUNITY - HOMETOWN |
| CAPI USA | BROOKLYN CTR, MN | $175,000 | 2025 | ECONOMIC OPPORTUNITY - HOMETOWN |
| COALITION OF ASIAN AMERICAN LEADERS | SAINT PAUL, MN | $150,000 | 2025 | ECONOMIC OPPORTUNITY - HOMETOWN (ECOSYSTEM) |
| MINNESOTA COUNCIL OF NONPROFITS | SAINT PAUL, MN | $150,000 | 2025 | ECONOMIC OPPORTUNITY - HOMETOWN (ECOSYSTEM) |
| EMERGE COMMUNITY DEVELOPMENT | MINNEAPOLIS, MN | $150,000 | 2025 | ECONOMIC OPPORTUNITY - HOMETOWN |
CAF AMERICA
$1,000,000ECONOMIC OPPORTUNITY - GLOBAL
PEOPLES COURAGE INTERNATIONAL INC
$1,000,000ECONOMIC OPPORTUNITY - GLOBAL
CO-IMPACT PHILANTHROPIC FUNDS INC
$1,000,000ECONOMIC OPPORTUNITY - GLOBAL
THE ACUMEN FUND INC
$1,000,000ECONOMIC OPPORTUNITY - GLOBAL
ISSARA INSTITUTE INC
$1,000,000ECONOMIC OPPORTUNITY - GLOBAL
FIRST NATIONS DEVELOPMENT INSTITUTE
$750,000ECONOMIC OPPORTUNITY - NATIONAL
COMMON FUTURE
$750,000ECONOMIC OPPORTUNITY - NATIONAL
POLICYLINK
$600,000ECONOMIC OPPORTUNITY - NATIONAL (ECOSYSTEM)
NEIGHBORHOOD TRUST FINANCIAL PARTNERS
$500,000ECONOMIC OPPORTUNITY - NATIONAL
PROSPERITY NOW
$500,000ECONOMIC OPPORTUNITY - NATIONAL
MISSION ASSET FUND
$500,000ECONOMIC OPPORTUNITY - NATIONAL
EARN INC
$500,000ECONOMIC OPPORTUNITY - NATIONAL
FUND FOR THE CITY OF NEW YORK INC
$300,000ECONOMIC OPPORTUNITY - GLOBAL (ECOSYSTEM)
MYRIAD USA INC
$300,000ECONOMIC OPPORTUNITY - GLOBAL (ECOSYSTEM)
CAF AMERICA
$300,000ECONOMIC OPPORTUNITY - GLOBAL
CHAPEL & YORK FOUNDATION INC
$300,000ECONOMIC OPPORTUNITY - GLOBAL (ECOSYSTEM)
FINANCIAL HEALTH NETWORK INC
$250,000ECONOMIC OPPORTUNITY - NATIONAL
MDC INC
$250,000ECONOMIC OPPORTUNITY - NATIONAL
OPPORTUNITY FINANCE NETWORK
$250,000ECONOMIC OPPORTUNITY - NATIONAL
FEDERATION OF APPLACHIAN HOUSING INC
$250,000ECONOMIC OPPORTUNITY - NATIONAL
CHANGE MACHINE
$250,000ECONOMIC OPPORTUNITY - NATIONAL
DREAMSPRING
$250,000ECONOMIC OPPORTUNITY - NATIONAL
THIRD SECTOR NEW ENGLAND INC
$250,000ECONOMIC OPPORTUNITY - NATIONAL (ECOSYSTEM)
GRAMEEN AMERICA INC
$250,000ECONOMIC OPPORTUNITY - NATIONAL
ACCION OPPORTUNITY FUND COMMUNITY DEVELOPMENT
$250,000ECONOMIC OPPORTUNITY - NATIONAL
OKLAHOMA NATIVE ASSETS COALITION INC
$250,000ECONOMIC OPPORTUNITY - NATIONAL
BUILD FROM WITHIN ALLIANCE
$250,000ECONOMIC OPPORTUNITY - NATIONAL
NEW MAJORITY CAPITAL FOUNDATION INC
$250,000ECONOMIC OPPORTUNITY - NATIONAL
NEXUS COMMUNITY PARTNERS
$200,000ECONOMIC OPPORTUNITY - HOMETOWN (ECOSYSTEM)
BUILD WEALTH MN INC
$200,000ECONOMIC OPPORTUNITY - HOMETOWN
URBAN LEAGUE TWIN CITIES
$200,000ECONOMIC OPPORTUNITY - HOMETOWN
NATIVE GOVERNANCE CENTER
$200,000ECONOMIC OPPORTUNITY - HOMETOWN (ECOSYSTEM)
MNI SOTA FUND
$200,000ECONOMIC OPPORTUNITY - HOMETOWN
NEIGHBORHOOD DEVELOPMENT CENTER INC
$200,000ECONOMIC OPPORTUNITY - HOMETOWN
YOUTHPRISE
$200,000ECONOMIC OPPORTUNITY - HOMETOWN
JUXTAPOSITION INC
$200,000ECONOMIC OPPORTUNITY - HOMETOWN
HOPE COMMUNITY INC
$200,000ECONOMIC OPPORTUNITY - HOMETOWN
WOMENS FOUNDATION OF MINNESOTA
$200,000ECONOMIC OPPORTUNITY - HOMETOWN (ECOSYSTEM)
CAF AMERICA
$200,000ECONOMIC OPPORTUNITY - GLOBAL
HMONG AMERICAN PARTNERSHIP
$200,000ECONOMIC OPPORTUNITY - HOMETOWN
COMUNIDADES LATINAS UNIDAS EN SERVICIO INC
$200,000ECONOMIC OPPORTUNITY - HOMETOWN
NORTHSIDE ECONOMIC OPPORTUNITY NETWORK
$200,000ECONOMIC OPPORTUNITY - HOMETOWN
LOCAL INITIATIVES SUPPORT CORPORATION
$200,000ECONOMIC OPPORTUNITY - HOMETOWN
AMERICAN INDIAN OIC INC
$175,000ECONOMIC OPPORTUNITY - HOMETOWN
AFRICAN DEVELOPMENT CENTER
$175,000ECONOMIC OPPORTUNITY - HOMETOWN
METROPOLITAN ECONOMIC DEVELOPMENT ASSOCIATION
$175,000ECONOMIC OPPORTUNITY - HOMETOWN
CAPI USA
$175,000ECONOMIC OPPORTUNITY - HOMETOWN
COALITION OF ASIAN AMERICAN LEADERS
$150,000ECONOMIC OPPORTUNITY - HOMETOWN (ECOSYSTEM)
MINNESOTA COUNCIL OF NONPROFITS
$150,000ECONOMIC OPPORTUNITY - HOMETOWN (ECOSYSTEM)
EMERGE COMMUNITY DEVELOPMENT
$150,000ECONOMIC OPPORTUNITY - HOMETOWN