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From Wall Street to Main Street: Investing in Solutions That Hit Home

May 19, 2025

We’re in the middle of a housing crisis. Families are struggling to find stable, affordable places to live. Employers are losing talent. Communities are feeling the strain.

We believe philanthropy should rise to meet the moment. That’s why we’ve launched impact investing—a bold shift in how we use our endowment to serve the region we love. Instead of investing solely in Wall Street, we’re investing in Main Street—with our neighbors, for our future.

Our first investment is already making waves. In partnership with Northland Housing Partners, an employer-led nonprofit, we’re supporting RiverWest Duluth, a housing development that’s designed to meet real community needs. This isn’t just a financial investment—it’s a commitment to workforce stability, economic vitality, and regional resilience.

And we’re not alone in recognizing the promise of this approach. The Minnesota Star Tribune recently featured the RiverWest project and the broader vision of employer-led housing solutions. The article highlights how collaborations like this one are helping shape the future of Duluth—and why this model matters.

👉 Read the full article in the Star Tribune

Impact investing is one more way we’re showing up for this region. We’re proud to be part of the solution—and even prouder to partner with leaders who are turning vision into action.

Let’s invest in what matters most—our people, our places, our potential.

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