Profiles

Initiative Foundation

405 First Street Southeast
Little Falls, Minnesota 56345
United States

Mission

To unlock the power of the people of central Minnesota to build and sustain thriving communities

Most Meaningful Change

Providing training, technical and financial assistance for job creation and retention; serving as a regional voice for emerging opportunities and challenges; and building the financial resiliency of nonprofit organizations

1986 Year Founded
$39,000,000 Endowment Value
$2,000,000 Total Annual Grantmaking

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This profile is 74% complete

Last Updated: 09.19.14

Population Area Served

600,000

Identifying Information
OrganizationInitiative Foundation
Address 1405 First Street Southeast
Address 2Did not answer
City / TownLittle Falls
State / RegionMinnesota
ZIP / Postal Code56345
CountryUnited States
ContinentNorth America
Map Address (If Different)Did not answer
Map City / Town (If Different)Did not answer
Map State / Region (If Different)Did not answer
Map Zip / Postal Code (If Different)Did not answer
Map Country (If Different)Did not answer
Phone218.330.1313
Emaillholliday@ifound.org
Websitewww.ifound.org
Organization Leader (Name, Title)Kathy Gaalswyk, President
Primary Contact’s NameLinda Holliday
Primary Contact’s PositionVP or Organizational Development
Foundation at a Glance
Year Founded1986
Mission StatementTo unlock the power of the people of central Minnesota to build and sustain thriving communities
Organization DescriptionOther
Other DescriptionRegional community foundation and CDFI
Approximate Size of the Population Serviced600,000
Total Paid Staff (Full-Time Equivalents)24
Total Unpaid Staff (Full-Time Equivalents)Did not answer
Total Board Members13
Financial Information (in U.S. Dollars)
Organization’s Total Income in Last Fiscal Year$5,100,000
Organization’s Gifts Income in Last Fiscal Year$5,705,748
Organization’s Total Expenditures in Last Fiscal Year$4,500,000
Organization’s Grantmaking Budget in Last Fiscal Year$2,000,000
Does Organization Have an EndowmentYes
Value of Endowment (or Financial Reserves) as of the End of Last Fiscal Year$39,000,000
Change in Financial Status Over Last Three YearsA little improvement
Priorities and Achievements
Factors that Played a Role in the Origins of Your Organization
Community leadershipPlayed a centrally important role
Philanthropic giftsPlayed a centrally important role
Grassroots activismPlayed a slight role
Inadequate government servicesNo role
Changes in the political environmentNo role
Changes in the economic environmentPlayed a centrally important role
Government initiative fundingPlayed a slight role
Foundation initiative fundingPlayed an important role
Bilateral or multilateral initiative fundingPlayed a slight role
Favorable legal or fiscal policiesPlayed a slight role
Time Spent Working in Following Areas
NeighborhoodLots of time
LocallyLots of time
RegionallyLots of time
NationallyNone
InternationallyNone
Rate Importance of the Following Functions
GrantmakingCentrally important
Having local people as leaders in the organizationCentrally important
Seeking local donationsCentrally important
Having a gender balance in the organizationCentrally important
Board reflective of community diversityCentrally important
Building an endowmentCentrally important
Serving donor needsCentrally important
Acting as a fiscal intermediary for the communityCentrally important
Building inclusion and trust in the communityCentrally important
Pursuing equityImportant but not central
Accountability to local peopleCentrally important
Raising money for grantmaking annuallyImportant but not central
Community developmentCentrally important
In the Last Year, Extent to Which Programming and/or Grantmaking Involved Work in the Following Areas
Arts and cultureLittle
EducationLittle
EnvironmentLittle
HealthLittle
Human and social servicesLot
Human rightsNot at all
International relationsNot at all
ReligionNot at all
Economic developmentLot
Conflict resolution/bridging different parts of the communityLittle
Information technologyLittle
Strengthening local or regional governmentFair amount
HousingLittle
ChildrenLot
WaterFair amount
Alternative energyLittle
Disaster reliefFair amount
Advocacy with authoritiesNot at all
Job trainingLot
Nongrantmaking Services Offered to Community in Recent Years
Convening for issues of local concernOften
Promote collaboration between granteesOccasionally
Promote understanding of public policyRarely
Training/capacity-building for local organizationsOften
AdvocacyRarely
Loaned staffNever
ResearchNever
Community needs assessmentOften
Leadership developmentOften
InternshipsOccasionally
Providing space for local organizationsOccasionally
Access to information technologyOccasionally
Publishing/knowledge sharingRarely
Main Trends Over the Past Year in Geographic Area Served
PovertyDid not answer
CrimeDid not answer
Trust among different sections of the communityDid not answer
Equitable distribution of resources and servicesDid not answer
Social position of marginalized groupsDid not answer
Responsiveness of authoritiesDid not answer
Appropriateness of public policiesDid not answer
Value of community assetsDid not answer
Quality of the environmentDid not answer
Number of people and organizations working to change and improve their communityDid not answer
Levels of innovation and risk taking in addressing community problemsDid not answer
Networks and links between different parts of the communityDid not answer
Gender equityDid not answer
Charitable giving through the community foundationDid not answer
Number of people and organizations involved in philanthropic givingDid not answer
Extent to Which Organization Can Claim Tangible and Measurable Achievements in the Past Three Years
PovertyDid not answer
CrimeDid not answer
Trust among different sections of the communityDid not answer
Equitable distribution of resources and servicesDid not answer
Social position of marginalized groupsDid not answer
Responsiveness of authoritiesDid not answer
Appropriateness of public policiesDid not answer
Value of community assetsDid not answer
Quality of the environmentDid not answer
Number of people and organizations working to change and improve their communityDid not answer
Levels of innovation and risk taking in addressing community problemsDid not answer
Networks and links between different parts of the communityDid not answer
Gender equityDid not answer
Charitable giving through the community foundationDid not answer
Number of people and organizations involved in philanthropic givingDid not answer
Active Partnerships
Formal community associations and groupsLot
Informal associations of citizensLot
Non-governmental organizationsLot
Local governmentLot
National governmentLittle
UniversitiesLot
SchoolsLot
BusinessesLot
Partnerships and External Aid
Other Institutions Helpful to Our Work
National association of grantmakersHelpful
Regional association of grantmakersHelpful
Global Fund for Community FoundationsN/A
Particular foundationHelpful
Other organizationHelpful
Involvement of Local People
Regularly survey local people about our programsYes
Local people are engaged in the delivery of our workYes
Local people control what our organization doesDid not answer
Have local people represented on our boardYes
Have regular sessions where local people advise us what our programs should doYes
Actively engage local people as volunteersYes
All of our board is composed of local peopleYes
Account to local people about our successes and failures each yearYes
Assistance in Overcoming Main Difficulties Faced in Developing Organization Further
Increased fundingImportant
Better legal or fiscal environmentDid not answer
More volunteersDid not answer
Access to advice or technical assistanceDid not answer
Better local culture of givingDid not answer
Stronger civil societyDid not answer
More responsive authoritiesDid not answer
OtherDid not answer
Most Meaningful Change
Most Meaningful Change that Organization Has Helped to Bring About in the Last Three YearsProviding training, technical and financial assistance for job creation and retention; serving as a regional voice for emerging opportunities and challenges; and building the financial resiliency of nonprofit organizations
 

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Identifying Information

Foundation at a Glance

Financial Information (in U.S. Dollars)

Priorities and Achievements
Factors that Played a Role in the Origins of Your Organization

Time Spent Working in Following Areas

Rate Importance of the Following Functions

In the Last Year, Extent to Which Programming and/or Grantmaking Involved Work in the Following Areas

Nongrantmaking Services Offered to Community in Recent Years

Main Trends Over the Past Year in Geographic Area Served

Extent to Which Organization Can Claim Tangible and Measurable Achievements in the Past Three Years

Active Partnerships

Partnerships and External Aid
Other Institutions Helpful to Our Work

Involvement of Local People

Assistance in Overcoming Main Difficulties Faced in Developing Organization Further

Most Meaningful Change

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