News/Events
Build Wealth MN Receives $2 Million Gift from
Yield Giving Open Call
MacKenzie Scott’s Yield Giving Announced Build Wealth MN as one of the Yield Giving Open Call’s awardees working with people and in places experiencing the greatest need in the United States. Build Wealth Minnesota received $2 million.
Build Wealth MN is a 501(c)(3) nonprofit organization with twenty years of experience helping clients embrace new approaches for giving, saving, banking, investing, homeownership, and creating generational wealth. We educate, coach, and provide access to financial services to empower families to build sustainable social and economic wealth.
In March 2023, Yield Giving launched an Open Call for community-led, community-focused organizations whose explicit purpose is to enable individuals and families to achieve substantive improvement in their well-being through foundational resources.
“What a Blessing MacKenzie Scott has provided to Build Wealth. A gift of this magnitude is a game changer for our organization. This will help us to serve hundreds of families. We are forever grateful to MacKenzie Scott and the Yield Giving and Lever for Change teams.” David McGee, Executive Director
The Open Call received 6,353 applications and initially planned for 250 awards of $1 million each. In the Fall of 2023, organizations top-rated by their peers advanced to a second round of review by an external Evaluation Panel recruited for experience relevant to this cause, and underwent a final round of due diligence. In light of the incredible work of these organizations, as judged by their peers and external panelists, the donor team decided to expand the awardee pool and the award amount.
“We are excited that our partnership with Yield Giving has resonated with so many organizations,” said Cecilia Conrad, CEO of Lever for Change. “In a world teeming with potential and talent, the Open Call has given us an opportunity to identify, uplift, and empower transformative organizations that often remain unseen.”
More information on the Yield Giving Open Call and other initiatives can be found at www.leverforchange.org.