LITTLE FALLS, MN
Initiative Foundation
Quick Facts
- EIN
- 36-3451562
- Location
- LITTLE FALLS, MN
- Category
- Community Development
- NTEE Code
- S400
- Total Assets
- $114.7M
- Annual Income
- $27M
- Annual Revenue
- $15.2M
- IRS Ruling Year
- 1986
- Tax Subsection
- 501(c)(03)
About This Organization
Initiative Foundation is a nonprofit organization based in LITTLE FALLS, MN. It received its IRS tax-exempt ruling in 1986. The organization is classified under IRC Section 501(c)(03). It operates in the area of community development. Total assets are reported at $114.7M. Annual income is $27M. The organization has received $16.5M in foundation grants from 10 funders. It has received $11.6M in federal awards from 4 agencies.
Grants Received from Foundations
Foundation grants awarded to Initiative Foundation, based on IRS 990-PF filings.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Mcknight Foundation | $500K | 2024 | for general operating support |
| Mcknight Foundation | $250K | 2024 | to enhance collaboration with the University of Minnesota's Climate Adaptation Partnership (CAP), West Central Initiative (WCI), and Region 9 Development Commission (R9) to facilitate access to state and federal funding for rural low-income communities |
| Bush Foundation | $220K | 2024 | SUPPORT THE EXPANSION OF THE INITIATORS FELLOWSHIP |
| Target Foundation | $100K | 2024 | ECONOMIC OPPORTUNITY - HOMETOWN (ECOSYSTEM) |
| Mcknight Foundation | $100K | 2024 | to advance clean energy projects and continue existing gap lending and equitable workforce initiatives |
| Otto Bremer Trust | $3.1M | 2023 | INTERMEDIARIES PILOT PROJECT |
| Bush Foundation | $220K | 2023 | SUPPORT THE EXPANSION OF THE INITIATORS FELLOWSHIP |
| Mcknight Foundation | $200K | 2023 | To support the Initiators Fellowship and the Nonprofit Academy |
| Otto Bremer Trust | $100K | 2023 | SUPPORT FOR THE NONPROFIT ACADEMY PROGRAM |
| Granite Partners Foundation Of Minnesota Inc. | $90K | 2023 | Initiators Program |
| Granite Partners Foundation Of Minnesota Inc. | $30K | 2023 | Initiators Program |
| Granite Partners Foundation Of Minnesota Inc. | $10K | 2023 | General & Unrestricted |
| Connexus Energy Foundation | $10K | 2023 | DONATION |
| Rick And Helga Bauerly Foundation | $3K | 2023 | General & Unrestricted |
| Mcknight Foundation | $500K | 2022 | For general operating support |
| Mcknight Foundation | $500K | 2022 | For general operating support |
| Mcknight Foundation | $500K | 2022 | For general operating support |
| Mcknight Foundation | $500K | 2022 | For general operating support |
| Bush Foundation | $220K | 2022 | SUPPORT THE EXPANSION OF THE INITIATORS FELLOWSHIP |
| Bush Foundation | $220K | 2022 | SUPPORT THE EXPANSION OF THE INITIATORS FELLOWSHIP |
| Mcknight Foundation | $200K | 2022 | To support the Initiators Fellowship and the Nonprofit Academy |
| Mcknight Foundation | $200K | 2022 | To support the Initiators Fellowship and the Nonprofit Academy |
| Otto Bremer Trust | $100K | 2022 | NONPROFIT ACADEMY PROGRAM SUPPORT |
| Otto Bremer Trust | $100K | 2022 | NONPROFIT ACADEMY PROGRAM SUPPORT |
| Mcknight Foundation | $75K | 2022 | To explore strategies in Central Minnesota to explore partnerships in the region to combat climate change, and bring new resources to carbon mitigation |
| Mcknight Foundation | $75K | 2022 | To explore strategies in Central Minnesota to explore partnerships in the region to combat climate change, and bring new resources to carbon mitigation |
| Connexus Energy Foundation | $8K | 2022 | DONATION |
| Connexus Energy Foundation | $8K | 2022 | DONATION |
| Rick And Helga Bauerly Foundation | $3K | 2022 | General & Unrestricted |
| Rick And Helga Bauerly Foundation | $3K | 2022 | General & Unrestricted |
| Minnesota Power Foundation | $2K | 2022 | LITTLE FALLS EDUCATION FOUNDATION |
| The@Anderson Family Legacy Foundation | $2K | 2022 | PROMOTE AND STRENGTHEN CENTRAL MINNESOTA |
| Minnesota Power Foundation | $2K | 2022 | LITTLE FALLS EDUCATION FOUNDATION |
| Mcknight Foundation | $1.5M | 2021 | for general operating support |
| Mcknight Foundation | $1.5M | 2021 | for general operating support |
| Mcknight Foundation | $1.5M | 2021 | for general operating support |
| Mcknight Foundation | $75K | 2021 | to explore strategies in Central Minnesota to explore partnerships in the region to combat climate change, and bring new resources to carbon mitigation |
| Mcknight Foundation | $75K | 2021 | to explore strategies in Central Minnesota to explore partnerships in the region to combat climate change, and bring new resources to carbon mitigation |
| Mcknight Foundation | $75K | 2021 | to explore strategies in Central Minnesota to explore partnerships in the region to combat climate change, and bring new resources to carbon mitigation |
| Morgan Family Foundation | $70K | 2021 | (COMPETITIVE) EXPLORING CLIMATE MITIGATION IN CENTRAL MINNESOTA |
| Connexus Energy Foundation | $10K | 2021 | DONATION |
| Mcknight Foundation | $2K | 2021 | in gratitude for Initiative Foundation board and staff participation in the McKnight Foundation's November 2021 board meeting |
| Mcknight Foundation | $2K | 2021 | in gratitude for Initiative Foundation board and staff participation in the McKnight Foundation's November 2021 board meeting |
| Mcknight Foundation | $2K | 2021 | in gratitude for Initiative Foundation board and staff participation in the McKnight Foundation's November 2021 board meeting |
| Mcknight Foundation | $1.5M | 2020 | For general operating support |
| Mcknight Foundation | $1.5M | 2020 | For general operating support |
| Bush Foundation | $220K | 2020 | SUPPORT THE EXPANSION OF THE INITIATORS FELLOWSHIP |
| Otto Bremer Trust | $100K | 2020 | NONPROFIT DEVELOPMENT & ENTERPRISE ACADEMY |
| Mcknight Foundation | $75K | 2020 | To support economic diversification and development in central Minnesota |
| Mcknight Foundation | $75K | 2020 | To support economic diversification and development in central Minnesota |
Federal Awards Received
Federal grants and cooperative agreements from USAspending.gov.
| Agency | Program | Amount | Year |
|---|---|---|---|
| Corporation for National and Community Service | 11 awards totaling $7,705,407 | $7.7M | 2024 |
| Department of the Treasury | 2 awards totaling $2,383,265 | $2.4M | 2024 |
| Small Business Administration | 5 awards totaling $1,100,000 | $1.1M | 2024 |
| Department of Agriculture | 3 awards totaling $403,645 | $404K | 2024 |
Frequently Asked Questions
What does Initiative Foundation do?
Initiative Foundation is a nonprofit organization focused on community development, based in LITTLE FALLS, MN. It is classified under IRC Section 501(c)(03).
Who funds Initiative Foundation?
Initiative Foundation has received foundation grants from Mcknight Foundation, Bush Foundation, Target Foundation, and others. It has also received federal awards from Corporation for National and Community Service, Department of the Treasury, Small Business Administration, among others.
What is Initiative Foundation's annual revenue?
Initiative Foundation reports total assets of $114.7M. Annual income is $27M.
Where is Initiative Foundation located?
Initiative Foundation is located in LITTLE FALLS, MN.
Is Initiative Foundation a 501(c)(3)?
Yes, Initiative Foundation is a 501(c)(3) tax-exempt organization. Its EIN is 36-3451562. Donations to this organization may be tax-deductible.
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