3M Forms Coalition To Guide Racial Equity Investments

20 Oct 2020


News

3M is turning to the community for guidance on distributing one of its largest education-related donations in recent history.

In September, the Maplewood-based manufacturer announced plans to spend $50 million on education and workforce development initiatives aimed at addressing racial inequities. Though the company spelled out a few specific investments for the five-year plan, precise details were sparse. And that’s partly because 3M is turning to eight community leaders to help guide the remainder of its investments.

“Instead of just showing up and saying, ‘Here’s how we want to invest, and that’s the way it’s going to be,’ this coalition is a way for us to allow community leaders to inform what our investment strategy looks like,” says Michael Stroik, director of 3Mgives and VP of the 3M Foundation.

Read full article.

Flipboard Icon

More Topics

Site Logo

Coming Soon: Mother Co. St. Paul

Oct 20 2020
Good news for a snowy October week: desert vibes are coming to St. Paul! That's right, beloved Minneapolis-based cactus and plant shop Mother Co. Plants is expanding and opening a satellite sister shop in the other twin city.  Slated to open next month, Mother number two will come in the form of...Continue Reading
Site Logo

Local Hospitality Company Rolls With The Punches

Oct 20 2020
The Covid-19 pandemic has decimated the hospitality industry. For many companies, it’s become increasingly difficult to operate restaurants, hotels, golf courses, and event centers due to state-mandated restrictions on capacity. So, like any other business affected by Covid-19, Morrissey Hospitality Inc. has had to make significant operational shifts to stay afloat. In...Continue Reading
Site Logo

St. Paul, St. Kate’s, Cretin-Derham Hall, others fight COVID with new ionization technology

Oct 20 2020
What’s the best way to filter a room free of COVID-19 particles? A little electric charge helps. Global Plasma Solutions of Charlotte, N.C., has been sweeping up — so to speak — when it comes to selling its particle ionization system to universities, municipalities and government clients, from the...Continue Reading