First Children's Finance - Minnesota Growth Fund

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	Minnesota Growth Fund
	Combining Passion and Expertise
	Question: What do you get when you combine the passion of skilled child care providers with the expertise of volunteer business and community leaders?

Answer: Strong centers that become more successful at serving children from low-income families.

This philosophy is at the heart of the Growth Fund. Established first in Minnesota in 2006, the Growth Fund helps nonprofit child care center directors and their boards identify and tackle critical business challenges. Centers work with local expert business advisors and also receive FCF grants to help implement their business plans.

The Growth Fund’s work is inspired by research showing that quality care for children in their earliest years yields tremendous human, economic and social benefits later on, especially for families living in poverty. The HighScope Perry Preschool Study, one of several landmark, long-term studies of the effects of high-quality early care and education on low-income children, documented a return to society of more than $16 for every $1 invested in a quality early care and education program.

GROWTH FUND PROGRAM SUMMARY

MINNESOTA GROWTH FUND ADVISORS

First Children’s Finance Launches Class 5 of the Minnesota Growth Fund
On August 18, 2010, First Children’s Finance selected five child care centers in the Twin Cities metropolitan area to participate in the fifth class of its Growth Fund, a program to help nonprofit child care centers become stronger, improve quality, and serve more families. The five centers were selected through a competitive process by demonstrating their track record of success, a commitment to quality and service low-income families. Selected centers are listed below.

First Children’s Finance Class 5 Growth Fund Participants
Community Child Care Center, Minneapolis
Elim Preschool, Minneapolis
Family Child Development Center, Plymouth
King Family Foundation Child Development Center, Saint Paul
La Creche Early Childhood Centers, Minneapolis
(Click here for details about these centers.)

Minnesota Growth Fund Participants - Class 1
Carol Matheys Center for Children & Families Inc., Oakdale
The Agape I, II and III 24-hour Child Development Centers, Minneapolis and Saint Paul
Sandcastle Child Care Center, Saint Paul
Bright Water Montessori School, Minneapolis
Early Wonders Preschool, Minneapolis
(Click here for details about these centers.)

Minnesota Growth Fund Participants - Class 2
Northern Voices, Roseville
Pillsbury Early Education Center, Minneapolis
Central Care for Children, Minneapolis
The Abbott Northwestern Children’s Center of the YWCA of Minneapolis
(Click here for details about these centers.)

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