Build Wealth
DonateBuild Wealth partners with local communities and businesses to provide families with supportive financial programs and services.
We project truth to make change and use education to improve lives. Our clients take control of their finances. Their knowledge is power.
Our mission is simple: We strengthen communities by empowering families to build sustainable social and economic wealth. We educate, coach and provide access to financial services.
Build Wealth Minnesota is a 501(c)(3) nonprofit organization with years of experience helping our clients embrace new approaches for giving, saving, banking, investing, homeownership and creating generational wealth.
Our latest initiative, 9000 Equities, is a collaboration of community partners aiming to reduce the wealth equity and homeownership gap by 15% by financing 9000 new black homeowners in 5 to 7 years. The disparity in homeownership between Minnesota’s African American and White households equals 52%. The 9000 Equities Fund will provide affordable first mortgages, or equivalent financing opportunities, to households struggling to access mortgages in historically underserved communities of color.
We are seasoned professionals who treat our clients like family. Our number one priority is building caring, invested relationships with our clients and our communities.
Each year, Build Wealth enrolls more than 1,000 new families into our collective financial programs and services. Together, we develop long-term, personal solutions that work.
The average Build Wealth household creates $57,000 in equity.
The average Build Wealth client’s credit score increases by 125 points to nearly 700.
Every year, Build Wealth helps hundreds of families become homeowners.
On average, a Build Wealth client reduces past-due debt by $3,600.
Build Wealth has provided clients over $5,000,000 in down payment and closing cost assistance.
The average Build Wealth client increases savings by over $8,800.
Monique Bulson-Bratton, Chair
Rochelle Washington, Secretary
Rene Isuk, Treasurer
Franklin Stovall, Director
Loretta Smith, Director
David McGee, Executive Director