FY17 Annual Report April 1, 2016 - March 31, 2017

You are the champion of good, we are the champion of you. Propel Nonprofits was created from the merger of MAP for Nonprofits and Nonprofits Assistance Fund. Our mission is to fuel the impact and effectiveness of nonprofits with guidance, expertise, and capital.

INVESTORS Sean Kershaw, Vice Chair Financial Partners Alerus Financial Vice President, Amherst H. Wilder Foundation FUNDERS American National Bank Foundation Bush Foundation Brad Kruse Philanthropy Director, SRI Allianz Life Insurance Company CDFI Fund, U. S. Department of the Treasury Scott Marquardt City of Minneapolis Neighborhood Andersen Corporation Vice President, Southwest Initiative Revitalization Program Foundation F. R. Bigelow Foundation CommunityGiving Blandin Foundation Sony Malhotra Deerwood Bank Vice President, Field Compensation Blue Cross and Blue Shield of First Western Bank & Trust and Service Administration, Ameriprise Bush Foundation Financial Headwaters Foundation for Justice Patrick & Aimee Butler Family Foundation The Kresge Foundation David Mitchell Foundation The Minneapolis Foundation Vice President, North American Shared Dorsey & Whitney Foundation Services, Inc. Minnesota Bank & Trust Ecolab Foundation Mortenson Family Foundation Marcus Owens Foundation President, NEON Northwest Area Foundation H.B. Fuller Co. Otto Bremer Trust Patty Pannkuk HRK Foundation Small Business Loan Fund of the U. S. Senior Vice President, Philanthropy, Wells Hugh J. Andersen Foundation Department of the Treasury Fargo The Kresge Foundation Synchrony Bank Ron Price The McKnight Foundation TCF Bank (Retired) Senior Program Officer, Twin Cities LISC (Local Initiatives Support Corp) Medica Foundation U.S. Bank Medtronic Foundation Wells Fargo Bank Magui Rubalcava Shulman The Minneapolis Foundation Women’s Foundation of Minnesota President, Borealis Philanthropy Minnesota Comeback Gary Taverna Northwest Area Foundation Vice President, Commercial Relationship Otto Bremer Trust Board of Directors Manager, Nonprofit Banking Group, U.S. Bank Piper Jaffray Jean Adams Saint Paul Foundation Chief Operating Officer, The Minneapolis Bo Thao-Urabe Foundation Co-founder & Network Director, Coalition Securian Foundation of Asian American Leaders (CAAL) State of Minnesota Paul Babcock President & COO, MacPhail Center for Music Surdna Foundation Elizabeth Topoluk, Treasurer Executive Director, Friends of Education / Synchrony Bank Ralph L. Bernstein Senior Vice President & Assistant General Target Foundation Entrepreneur, Downtown Dogs Counsel, TCF Financial Corporation TCF Foundation Heidi Christianson Diane Tran U.S. Bank Foundation Attorney, Nilan Johnson Lewis System Director, Neighborhood Integration and Community Engagement, HealthEast Wells Fargo Foundation Sarah Clyne, Secretary Care System Western Bank Executive Director, Domestic Abuse Project Greg Zeller, Chair Courtney Colby (Retired) Insurance Executive Senior Counsel, General Counsel’s Office, Financial TRENDS IN LENDING

LOANS BY FIELD OF SERVICE

$2,387,670 $3,251,308 Other Arts & Humanities

$15.4M Total Loan Amount $2,807,777

Human Services $4,366,733

Education $2,092,777

Housing & Community Development $500,269 Health Care

NUMBER OF LOANS BY NONPROFIT BUDGET HOW LOAN FUNDS WERE USED

57 $1M-2.9M $6.6M Build or improve facility 11 $3M-9.9M

3 $5.2M Working capital/manage cashflow 111 Loans $10M+ 9 < $500K $2.4M Change business model 31 $500-999K $1.2M Grow program capacity NONPROFIT SERVICES

Accounting and Finance Skills and Knowledge We help develop solid We’ve developed a resource accounting systems, accurate library full of downloadable records, and timely financial templates, tip sheets, videos, statements, including the and more to help you develop preparation of annual tax forms. and implement effective practices. Best of all? It’s Board Governance all free. We offer a continuum of FY17 HIGHLIGHTS options, including training, Starting a Nonprofit customized board development, Do you see the need and have and board consultations. Expand the passion to address it? We 5,025 your board with talented new can help you form a nonprofit. board members through our People Trained Best on Board program. Strategic Consulting Our consultants are experienced 149 Fiscal Sponsorship at providing strategic planning, We provide fiscal sponsorship succession planning, board Training Events to social innovators through development, and other reliable infrastructure, regulatory, strategic services. 1,296 and financial oversight. Hours of Financial Training Guidance Lending Whether you want to accurately Our loans help a wide range of manage your organization’s nonprofits of different sizes and finances, make effective 114 fields of service to strengthen strategic decisions, or develop Nonprofits Assisted and expand programs, manage your board, we have a training cash flow, and finance real to help. Our trainers are with Board Training estate projects. engaging and insightful experts & Development who want you to be the best in your role. 42 Fiscally Sponsored Organizations

Photo Above: Hiawatha Academies

Cover Photos (L-R): Theater Mu (Photo: Keri Pickett), 1 Main Street SE, Suite 600 Open Arms, Experience Corps Minneapolis, MN 55414 Minneapolis, Nexus Community Partners, PiM Arts High School 612.249.6700 propelnonprofits.org