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
24 Paid Staff (Full-Time Equivalent)
$39,000,000 Endowment Value
$2,000,000 Total Annual Grantmaking
Organization | Initiative Foundation |
---|
Address 1 | 405 First Street Southeast |
---|
Address 2 | Did not answer |
---|
City / Town | Little Falls |
---|
State / Region | Minnesota |
---|
ZIP / Postal Code | 56345 |
---|
Country | United States |
---|
Continent | North 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 |
---|
Phone | 218.330.1313 |
---|
Email | lholliday@ifound.org |
---|
Website | www.ifound.org |
---|
Organization Leader (Name, Title) | Kathy Gaalswyk, President |
---|
Primary Contact’s Name | Linda Holliday |
---|
Primary Contact’s Position | VP or Organizational Development |
---|
Year Founded | 1986 |
---|
Mission Statement | To unlock the power of the people of central Minnesota to build and sustain thriving communities |
---|
Organization Description | Other |
---|
Other Description | Regional community foundation and CDFI |
---|
Approximate Size of the Population Serviced | 600,000 |
---|
Total Paid Staff (Full-Time Equivalents) | 24 |
---|
Total Unpaid Staff (Full-Time Equivalents) | Did not answer |
---|
Total Board Members | 13 |
---|
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 Endowment | Yes |
---|
Value of Endowment (or Financial Reserves) as of the End of Last Fiscal Year | $39,000,000 |
---|
Change in Financial Status Over Last Three Years | A little improvement |
---|
Factors that Played a Role in the Origins of Your Organization |
---|
Community leadership | Played a centrally important role |
---|
Philanthropic gifts | Played a centrally important role |
---|
Grassroots activism | Played a slight role |
---|
Inadequate government services | No role |
---|
Changes in the political environment | No role |
---|
Changes in the economic environment | Played a centrally important role |
---|
Government initiative funding | Played a slight role |
---|
Foundation initiative funding | Played an important role |
---|
Bilateral or multilateral initiative funding | Played a slight role |
---|
Favorable legal or fiscal policies | Played a slight role |
---|
|
Time Spent Working in Following Areas |
---|
Neighborhood | Lots of time |
---|
Locally | Lots of time |
---|
Regionally | Lots of time |
---|
Nationally | None |
---|
Internationally | None |
---|
|
Rate Importance of the Following Functions |
---|
Grantmaking | Centrally important |
---|
Having local people as leaders in the organization | Centrally important |
---|
Seeking local donations | Centrally important |
---|
Having a gender balance in the organization | Centrally important |
---|
Board reflective of community diversity | Centrally important |
---|
Building an endowment | Centrally important |
---|
Serving donor needs | Centrally important |
---|
Acting as a fiscal intermediary for the community | Centrally important |
---|
Building inclusion and trust in the community | Centrally important |
---|
Pursuing equity | Important but not central |
---|
Accountability to local people | Centrally important |
---|
Raising money for grantmaking annually | Important but not central |
---|
Community development | Centrally important |
---|
|
In the Last Year, Extent to Which Programming and/or Grantmaking Involved Work in the Following Areas |
---|
Arts and culture | Little |
---|
Education | Little |
---|
Environment | Little |
---|
Health | Little |
---|
Human and social services | Lot |
---|
Human rights | Not at all |
---|
International relations | Not at all |
---|
Religion | Not at all |
---|
Economic development | Lot |
---|
Conflict resolution/bridging different parts of the community | Little |
---|
Information technology | Little |
---|
Strengthening local or regional government | Fair amount |
---|
Housing | Little |
---|
Children | Lot |
---|
Water | Fair amount |
---|
Alternative energy | Little |
---|
Disaster relief | Fair amount |
---|
Advocacy with authorities | Not at all |
---|
Job training | Lot |
---|
|
Nongrantmaking Services Offered to Community in Recent Years |
---|
Convening for issues of local concern | Often |
---|
Promote collaboration between grantees | Occasionally |
---|
Promote understanding of public policy | Rarely |
---|
Training/capacity-building for local organizations | Often |
---|
Advocacy | Rarely |
---|
Loaned staff | Never |
---|
Research | Never |
---|
Community needs assessment | Often |
---|
Leadership development | Often |
---|
Internships | Occasionally |
---|
Providing space for local organizations | Occasionally |
---|
Access to information technology | Occasionally |
---|
Publishing/knowledge sharing | Rarely |
---|
|
Main Trends Over the Past Year in Geographic Area Served |
---|
Poverty | Did not answer |
---|
Crime | Did not answer |
---|
Trust among different sections of the community | Did not answer |
---|
Equitable distribution of resources and services | Did not answer |
---|
Social position of marginalized groups | Did not answer |
---|
Responsiveness of authorities | Did not answer |
---|
Appropriateness of public policies | Did not answer |
---|
Value of community assets | Did not answer |
---|
Quality of the environment | Did not answer |
---|
Number of people and organizations working to change and improve their community | Did not answer |
---|
Levels of innovation and risk taking in addressing community problems | Did not answer |
---|
Networks and links between different parts of the community | Did not answer |
---|
Gender equity | Did not answer |
---|
Charitable giving through the community foundation | Did not answer |
---|
Number of people and organizations involved in philanthropic giving | Did not answer |
---|
|
Extent to Which Organization Can Claim Tangible and Measurable Achievements in the Past Three Years |
---|
Poverty | Did not answer |
---|
Crime | Did not answer |
---|
Trust among different sections of the community | Did not answer |
---|
Equitable distribution of resources and services | Did not answer |
---|
Social position of marginalized groups | Did not answer |
---|
Responsiveness of authorities | Did not answer |
---|
Appropriateness of public policies | Did not answer |
---|
Value of community assets | Did not answer |
---|
Quality of the environment | Did not answer |
---|
Number of people and organizations working to change and improve their community | Did not answer |
---|
Levels of innovation and risk taking in addressing community problems | Did not answer |
---|
Networks and links between different parts of the community | Did not answer |
---|
Gender equity | Did not answer |
---|
Charitable giving through the community foundation | Did not answer |
---|
Number of people and organizations involved in philanthropic giving | Did not answer |
---|
|
Active Partnerships |
---|
Formal community associations and groups | Lot |
---|
Informal associations of citizens | Lot |
---|
Non-governmental organizations | Lot |
---|
Local government | Lot |
---|
National government | Little |
---|
Universities | Lot |
---|
Schools | Lot |
---|
Businesses | Lot |
---|
|
Other Institutions Helpful to Our Work |
---|
National association of grantmakers | Helpful |
---|
Regional association of grantmakers | Helpful |
---|
Global Fund for Community Foundations | N/A |
---|
Particular foundation | Helpful |
---|
Other organization | Helpful |
---|
|
Involvement of Local People |
---|
Regularly survey local people about our programs | Yes |
---|
Local people are engaged in the delivery of our work | Yes |
---|
Local people control what our organization does | Did not answer |
---|
Have local people represented on our board | Yes |
---|
Have regular sessions where local people advise us what our programs should do | Yes |
---|
Actively engage local people as volunteers | Yes |
---|
All of our board is composed of local people | Yes |
---|
Account to local people about our successes and failures each year | Yes |
---|
|
Assistance in Overcoming Main Difficulties Faced in Developing Organization Further |
---|
Increased funding | Important |
---|
Better legal or fiscal environment | Did not answer |
---|
More volunteers | Did not answer |
---|
Access to advice or technical assistance | Did not answer |
---|
Better local culture of giving | Did not answer |
---|
Stronger civil society | Did not answer |
---|
More responsive authorities | Did not answer |
---|
|
Other | Did not answer |
---|
Most Meaningful Change that Organization Has Helped to Bring About in the Last Three Years | 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 |
---|