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EquiSpace seeks $250,000 one‑time grant to support nonprofit shared services center

2348054 · February 18, 2025
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Summary

Sen. Andrew Putnam presented Senate File 800 seeking a one‑time $250,000 appropriation for EquiSpace, a nonprofit center that offers shared office, IT and accounting services to small nonprofit organizations; committee laid the bill over for possible inclusion.

Sen. Andrew Putnam asked the committee to approve a one‑time $250,000 appropriation from the workforce development fund for EquiSpace, a nonprofit hub in St. Paul that provides shared office space, IT, accounting and other operational supports to small and start‑up nonprofit organizations.

Sarah Klein, EquiSpace’s executive director, told the committee the center lowers operating costs and increases administrative capacity for small nonprofits, enabling them to meet state and federal reporting and compliance standards. Klein said EquiSpace’s model creates operational efficiencies, reduces risk of fraud or administrative error, and strengthens small organizations’ ability to deliver services.

Senators who spoke in support cited examples of local nonprofits that use EquiSpace and said shared services can improve accountability and effectiveness. Fiscal staff said the bill proposes $250,000 in one‑time funding for fiscal year 2026. The committee laid the bill over for possible inclusion.