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Minnesota Council on Foundations October 31, 2014 Susan Hammel, CFA Executive Director, Delta Dental of Minnesota Foundation

Minnesota Council on Foundations October 31, 2014 Susan Hammel, CFA Executive Director, Delta Dental of Minnesota Foundation

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Page 1: Minnesota Council on Foundations October 31, 2014 Susan Hammel, CFA Executive Director, Delta Dental of Minnesota Foundation

Minnesota Council on FoundationsOctober 31, 2014Susan Hammel, CFAExecutive Director, Delta Dental of Minnesota Foundation

Page 2: Minnesota Council on Foundations October 31, 2014 Susan Hammel, CFA Executive Director, Delta Dental of Minnesota Foundation

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Page 3: Minnesota Council on Foundations October 31, 2014 Susan Hammel, CFA Executive Director, Delta Dental of Minnesota Foundation

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The other 95%

Leverage

Creative tool

Tax

Accountability

Moral imperative

Engagement

Scale

Page 4: Minnesota Council on Foundations October 31, 2014 Susan Hammel, CFA Executive Director, Delta Dental of Minnesota Foundation

The Saint Paul Foundation• East Metro Job Creation Loan Fund

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Page 5: Minnesota Council on Foundations October 31, 2014 Susan Hammel, CFA Executive Director, Delta Dental of Minnesota Foundation

Cupcakes are on the rise with the help of Sunrise Bank 5

Page 6: Minnesota Council on Foundations October 31, 2014 Susan Hammel, CFA Executive Director, Delta Dental of Minnesota Foundation

The F.B. Heron Foundation• HERON’S INVESTMENT

APPROACH:• 100% of assets for

mission• Tax-status agnostic (for-

profits and nonprofits)• All forms of capital

(debt, equity, grants, intellectual, etc.)• Growth-stage

enterprises 6

Page 7: Minnesota Council on Foundations October 31, 2014 Susan Hammel, CFA Executive Director, Delta Dental of Minnesota Foundation

Ask what you can doFor Minnesota’s social entrepreneurs

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