About The Program
Three years ago, Menomonie Market started its own Cooperative Community Fund (MMCCF) to aid in developing new co-ops throughout the nation and to further give back to local nonprofits. The MMCCF is part of the Twin Pines Community Fund, which has combined assets of $3.9 million. Unlike many other foundations or endowment funds, Twin Pines only invests in the development of cooperatives, with nothing at all in the stock market. Twin Pines Community Fund staff work hard to find stable cooperative investments, and in 20 years of operation there has been no loss of principal in any of the investments, which leverage over $40 million for co-op development. The interest earned by this family of funds is returned to each home co-op for gifting to local non profits. This year cooperatives all over the country will contribute over $86,000 to their local partners.
How It’s Funded
The endowment is funded through contributions from Menomonie Market, matches by other co-ops, gifts from shoppers through our Round Up For Good program, and an annual fundraiser. Principal is invested in co-ops, and interest is gifted to local non-profits.