Our Story
Propel Nonprofits serves nonprofits in Minnesota and the surrounding region in the areas of finance, strategy, and governance. Propel is an intermediary organization providing capacity building services and access to capital to support nonprofits in achieving their missions. We are a federally certified community development financial institution (CDFI); nonprofits use our loans to expand programs and services, bridge cash flow gaps, and purchase or renovate buildings.
Our Vision
A diverse network of mission-driven nonprofits building a healthy, vibrant, and more just community
Our Mission
Propel Nonprofits’ mission is to fuel the impact and effectiveness of nonprofits with guidance, expertise, and capital. This mission is in service to a vision of a diverse network of mission-driven nonprofits building a healthy, vibrant, and more just community.
Guiding Principles
Underlying our theory of change is the belief that nonprofits play a crucial role in enhancing community well-being. Nonprofits are community resources and drivers of neighborhood vitality. To maximize their impact, they need strong and interconnected support systems, access to capital, strong leadership, and good governance. We rely on our guiding principles shape both our internal culture and our partnerships with nonprofits as a way to foster accountability, act with intention, and meet nonprofit leaders where they’re at.
Strategic Plan
Propel Nonprofits’ FY27–FY29 Strategic Plan is a shared roadmap for focus, alignment, and sustainability during a time of rapid change in the nonprofit sector. Rooted in partnership and guided by our mission as a nonprofit and a Community Development Financial Institution (CDFI), the plan clarifies our priorities for strengthening nonprofit capacity through expert guidance, flexible capital, and systems-level impact. It positions Propel to grow responsibly, align our culture and operations, and deepen our role as a trusted ecosystem partner so nonprofits and communities can thrive now and into the future.
Our Impact
These numbers reflect work completed in Propel’s FY25. For more information about our impact, visit our Reports page to read the rest of our FY25 Annual Report.
$17,120,090
102
1,498
121
183
62
$2.3 Million
$34,272,005
Our Team
Propel’s team loves nonprofits and wants to connect with you. You can get to know out team better at our staff page. Send us an email or give us a call.