Helping Central Minnesota people build and sustain thriving communities
How Can We Help You?
The Initiative Foundation works daily to strengthen the economy and communities of Central Minnesota. Choose an option: Let’s work together to bring greater opportunity and prosperity to all.
Support for Your Business
Lending programs at the Initiative Foundation go beyond just providing capital. As a certified Community Development Financial Institution, or CDFI, we also provide business support to help borrowers succeed. Support can come in many forms, from business planning and credit counseling to other forms of education to bolster borrowers’ financial capacity.
Read: New IQ Magazine
Get some inspiration by reading the spring 2024 edition of IQ Magazine. Meet the 2024-2025 cohort of Initiators Fellows, get to know Brian Voerding, incoming Foundation president, and learn about renowned jingle dress maker Adrienne Benjamin.
Apply for a Grant
The Initiative Foundation provides grants to nonprofits and local government units for general, program or capacity-building support. The next round of grant applications are due May 10.
Lending: A Mission to Serve
By providing access to capital and support to borrowers, CDFIs like the Initiative Foundation help to create opportunities for economic growth and empowerment in disadvantaged areas.
Making a Difference in Central Minnesota—With Your Support
Supported by your generosity, the Initiative Foundation since its founding in 1986 has invested multiple millions into Central Minnesota through grants, loans and programming.
$71 Million
Through 10,675 grants delivered to schools, nonprofits and local units of government
Latest News
Grants Awarded to Alleviate Loneliness, Social Isolation
The Initiative Foundation is pleased to announce the award of 25 grants across Central Minnesota for projects, programs, and community-building ideas that bridge differences and… Read More
Newbanks Named Vice President for Philanthropy
The Initiative Foundation is pleased to announce that Carl Newbanks has been named vice president for philanthropy. Newbanks previously served as the Foundation’s director of… Read More
Swanson Joins Foundation’s Business Lending Team
The Initiative Foundation has announced that Tim Swanson will serve as business finance manager with the organization’s business lending… Read More