Public Benefit : Community and Housing Development
Initiative Foundation
Unlocking the power of central Minnesota communities
Rating
Income Statement (FYE 06/2008)
Contact Information
Initiative Foundation
405 First Street, SE
Little Falls, MN 56345
tel: (877) 632-9255
fax: (320) 632-9258
EIN: 36-3451562
Leadership (FYE 06/2008)
| Name | Title | Compensation | % of Expenses | |
|---|---|---|---|---|
| Kathy Gaalswyk | President (The person identified as holding the highest position of management, and therefore who would normally be responsible for carrying out the mission of the charity and leading the organization on a day-to-day basis.) | $151,800 | 3.42% |
Donor Privacy Policy
YES, this charity has a written donor privacy policy.
Mission
Created in 1986, the Initiative Foundation exists for one purpose, to improve the quality of life in central Minnesota. At the core of our work is the belief that local people possess the talent, passion and ability to achieve a brighter future. Our programs and investments strive to give every person an opportunity to contribute to a shared vision and plan of action that strengthens community character and relationships. Our mission is to unlock the power of central Minnesota people to build and sustain healthy communities. The Initiative Foundation exclusively serves the 14 counties and 160 hometowns that comprise central Minnesota. Since 1986, we have invested more than $53.5 million in the region through targeted grants and business financing investments.
Charities Performing Similar Types of Work
| Charity Name | Overall Score | Overall Rating |
|---|---|---|
| Initiative Foundation - MN | 67.96 | |
| Hands On Atlanta - GA | 56.48 | |
| The Pittsburgh Project - PA | 61.62 | |
| Mayor's Fund to Advance New York City - NY | 67.42 | |
| Center for Neighborhood Enterprise - DC | 55.31 |
| Charity Name | Overall Score | Overall Rating |
|---|---|---|
| Initiative Foundation - MN | 67.96 | |
| CompassPoint Nonprofit Services - CA | 43.18 | |
| Iowa Citizens for Community Improvement - IA | 66.71 | |
| KaBOOM! - DC | 63.63 | |
| Local Initiatives Support Corporation - NY | 62.70 | |
| Chicago Cares - IL | 63.41 |





