fundraiser
LAUNCH PAD - a new wealth-building tool for youth
$1,300 Raised
At PERIS, our goal is to interrupt the foster-care-to-homelessness pipeline through an environment of supported autonomy and interconnected independence.
Located in downtown Minneapolis, our PERIS Hill complex is a thoughtfully designed, mixed-income apartment building that offers market-rate amenities alongside deeply affordable units. With a nearly 5:1 tenant-to-staff ratio, residents have access to individualized support in areas such as relationship building, education and employment navigation, financial guidance, and mental health resources.
From a stable home and mailing address to job coaching, therapy, and budgeting guidance, we aim to provide everything needed to help those aging out of foster care thrive.
And a three-year external case study has confirmed, our model is working:
In 2026 we're excited to once again be shaking things up with an innovative wealth-building tool we're calling LAUNCH PAD.
In its simplest form, LAUNCH PAD is a savings program that offsets increases in resident's costs of living caused by subsidy reductions with equal deposits into high-yield savings accounts.
Our hope with LAUNCH PAD is to build greater freedom, responsibility, and autonomy in residents - which (along with their Launch Pad savings) we know will serve them well as they contemplate a future away from PERIS Hill.
If you'd like to learn more about this innovative initiative, please click on our featured LAUNCH PAD fundraising campaign for more information and to donate today.
If you'd like to learn more about PERIS Hill, please follow this LINK.
Organization name
PERIS Foundation
Tax id (EIN)
82-0845774
Categories
Children & Family , Community
BIPOC Serving
BIPOC Serving
Address
2929 CHICAGO AVE STE 100