The Board of Directors has approved the MPF^® Endowment as a pilot program to commence in 2005. A group of geographically dispersed Members have been invited to participate.

The MPF^® Endowment will offer the Chicago Federal Home Loan Bank an exciting vehicle by which to share the success of the MPF^® Program by stimulating and supporting community economic development throughout the 7th district. The Endowment will pursue a range of activities, all of which will provide capital to stimulate investment in small businesses, commercial enterprises, mixed-use projects, and other economic development initiatives benefiting low- and moderate-income individuals, families and/or neighborhoods.