Form990
Click to see attachment
Department of the Treasury
Internal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung benefit trust or private foundation)

MediumBullet The organization may have to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0047
2010
Open to Public Inspection
A For the calendar year, or tax year beginning 01-01-2010 and ending 12-31-2010
BCheck if applicable:
CName of organization
INITIATIVE FOUNDATION
 
Doing Business As
 
 
Number and street (or P.O. box if mail is not delivered to street address)
405 FIRST STREET SE
 
Room/suite
City or town, state or country, and ZIP + 4
LITTLE FALLS, MN56345
D Employer identification number

36-3451562
E Telephone number

G Gross receipts $ 11,333,010
F Name and address of principal officer:
KATHY GAALSWYK
405 FIRST STREET SE
LITTLE FALLS,MN56345
I
Tax-exempt status: (   ) LeftBullet (insert no.) or
J
Website:MediumBullet
WWW.IFOUND.ORG
H(a)
Is this a group return for
affiliates?
H(b)
Are all affiliates included?
If "No," attach a list. (see instructions)
H(c)
Group exemption number MediumBullet  
K Form of organization:
 
L Year of formation: 1986
M State of legal domicile: MN
Part I
Summary
Activities & Governance 1 Briefly describe the organization’s mission or most significant activities: TO UNLOCK THE POTENTIAL OF THE PEOPLE OF CENTRAL MN TO BUILD AND SUSTAIN HEALTHY COMMUNITIES.
2 Check this box MediumBullet
3 Number of voting members of the governing body (Part VI, line 1a) .... 3 13
4 Number of independent voting members of the governing body (Part VI, line 1b) .... 4 13
5 Total number of individuals employed in calendar year 2010 (Part V, line 2a) ... 5 33
6 Total number of volunteers (estimate if necessary) .... 6 0
7a Total unrelated business revenue from Part VIII, column (C), line 12 .. 7a 132,100
b Net unrelated business taxable income from Form 990-T, line 34 .. 7b 0
Revenues; Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 2,992,047 3,326,324
9 Program service revenue (Part VIII, line 2g) ......... 608,274 558,131
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... -230,557 534,512
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 66,691 146,481
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)................... 3,436,455 4,565,448
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 753,974 1,588,045
14 Benefits paid to or for members (Part IX, column (A), line 4) .... 0 0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 1,899,121 1,624,940
16a Professional fundraising fees (Part IX, column (A), line 11e).... 0 0
b Total fundraising expenses (Part IX, column (D), line 25) MediumBullet296,110    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24f).... 2,278,083 1,706,617
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 4,931,178 4,919,602
19 Revenue less expenses. Subtract line 18 from line 12...... -1,494,723 -354,154
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............ 44,371,848 48,644,771
21 Total liabilities (Part X, line 26)............ 4,865,792 6,111,820
22 Net assets or fund balances. Subtract line 21 from line 20 ..... 39,506,056 42,532,951
Part II
Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign Here
JumboBullet
Signature of officer Date
JumboBullet
Type or print name and title.
Paid Preparer's Use Only Preparer's
signatureBig Right Arrow 		Date
right pointing bullet image Preparer’s taxpayer identification number
(see instructions)
Firm’s name (or yours
if self-employed),
address, and ZIP + 4Big Right Arrow




 		EIN right pointing bullet image
Phone no. right pointing bullet image
May the IRS discuss this return with the preparer shown above? (see instructions) .........
For Privacy Act and Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y
Form 990 (2010)
Form 990 (2010)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response to any question in this Part III . . . . . . . . . .
1
Briefly describe the organization’s mission: TO UNLOCK THE POTENTIAL OF THE PEOPLE OF CENTRAL MINNESOTA TO BUILD AND SUSTAIN HEALTHY COMMUNITIES.
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? ....................
If “Yes,” describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program services? ..........................
If “Yes,” describe these changes on Schedule O.
4
Describe the exempt purpose achievements for each of the organization’s three largest program services by expenses.
Section 501(c)(3) and 501(c)(4) organizations and section 4947(a)(1) trusts are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a (Code:   ) (Expenses $ 1,982,859 including grants of $ 1,190,719 ) (Revenue $   )
LEADERSHIP AND COMMUNITY DEVELOPMENT (SEE SCHEDULE O)
4b (Code:   ) (Expenses $ 1,374,844 including grants of $ 52,300 ) (Revenue $ 558,131 )
ECONOMIC OPPORTUNITY(SEE SCHEDULE O)
4c (Code:   ) (Expenses $ 392,910 including grants of $ 0 ) (Revenue $ 5,625 )
COMMUNICATIONS & IQ MAGAZINE (SEE SCHEDULE O)
(Code:   ) (Expenses $ 421,712 including grants of $ 345,026 ) (Revenue $   )
FUND DEVELOPMENT (SEE SCHEDULE O)
4d Other program services. (Describe in Schedule O.)
(Expenses $ 421,712 including grants of $ 345,026 ) (Revenue $   )
4e Total program service expensesMediumBullet$ 4,172,325
Form 990 (2010)
Form 990 (2010)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If “Yes,” complete Schedule AClick to see attachment.....................
1
Yes
 
2
Is the organization required to complete Schedule B, Schedule of Contributors? Click to see attachment........
2
Yes
 
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If “Yes,” complete Schedule C, Part I..........
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities? If “Yes,” complete Schedule C,
Part II.........................
4
 
No
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If “Yes,” complete Schedule C, Part III........................
5
 
 
6
Did the organization maintain any donor advised funds or any similar funds or accounts where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If “Yes,” complete
Schedule D, Part IClick to see attachment.......................
6
Yes
 
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas or historic structures? If “Yes,” complete Schedule D, Part IIClick to see attachment...
7
 
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If “Yes,” complete Schedule D, Part III Click to see attachment....................
8
 
No
9
Did the organization report an amount in Part X, line 21; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If “Yes,”
complete Schedule D, Part IVClick to see attachment...................
9
Yes
 
10
Did the organization, directly or through a related organization, hold assets in term, permanent,or quasi-endowments? If “Yes,” complete Schedule D, Part VClick to see attachment
10
Yes
 
11
If the organization’s answer to any of the following questions is ‘Yes,’ then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable:
a
Did the organization report an amount for land, buildings, and equipment in Part X, line10? If “Yes,” complete Schedule D, Part VI.Click to see attachment
11a
Yes
 
b
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part VII.Click to see attachment
11b
 
No
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part VIII.Click to see attachment
11c
 
No
d
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part IX.Click to see attachment
11d
 
No
e
Did the organization report an amount for other liabilities in Part X, line 25? If “Yes,” complete Schedule D, Part X.Click to see attachment
11e
Yes
 
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If “Yes,” complete Schedule D, Part X.Click to see attachment
11f
Yes
 
12a
Did the organization obtain separate, independent audited financial statements for the tax year? If “Yes,” complete Schedule D, Parts XI, XII, and XIII Click to see attachment
12a
Yes
 
b
Was the organization included in consolidated, independent audited financial statements for the tax year? If “Yes,” and if the organization answered ‘No’ to line 12a, then completing Schedule D, Parts XI, XII, and XIII is optional Click to see attachment
12b
 
No
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If “Yes,” complete Schedule E
13
 
No
14a
Did the organization maintain an office, employees, or agents outside of the United States?....
14a
 
No
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, and program service activities outside the United States? If “Yes,” complete Schedule F, Part I.........
14b
 
No
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or assistance to any organization or entity located outside the U.S.? If “Yes,” complete Schedule F, Part II..
15
 
No
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or assistance to individuals located outside the U.S.? If “Yes,” complete Schedule F, Part III..
16
 
No
17
Did the organization report a total of more than $15,000, of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If “Yes,” complete Schedule G, Part I
17
 
No
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If “Yes,” complete Schedule G, Part II..........
18
Yes
 
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If “Yes,” complete Schedule G, Part III...................
19
 
No
Form 990 (2010)
Form 990 (2010)
Page 4
Part IV
Checklist of Required Schedules (continued)
20a
Did the organization operate one or more hospitals? If “Yes,” complete Schedule H.....
20a
 
No
b
Did the organization attach its audited financial statement to this return? Note: All Form 990 filers that operate one or more hospitals must attach audited financial statements. .....
20b
 
 
21
Did the organization report more than $5,000 of grants and other assistance to governments and organizations in the United States on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II.. Click to see attachment
21
Yes
 
22
Did the organization report more than $5,000 of grants and other assistance to individuals in the United States on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III..... Click to see attachment
22
Yes
 
23
Did the organization answer “Yes” to Part VII, Section A, questions 3, 4, or 5, about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If “Yes,” complete Schedule J................ Click to see attachment
23
Yes
 
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer questions 24b–24d and complete Schedule K. If “No,” go to line 25................
24a
 
No
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
 
 
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds?......................
24c
 
 
d
Did the organization act as an “on behalf of” issuer for bonds outstanding at any time during the year?...
24d
 
 
25a
Section 501(c)(3) and 501(c)(4) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If “Yes,” complete Schedule L, Part I......
25a
 
No
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If “Yes,” complete Schedule L, Part I................
25b
 
No
26
Was a loan to or by a current or former officer, director, trustee, key employee, highly compensated employee, or disqualified person outstanding as of the end of the organization’s tax year? If “Yes,” complete Schedule L,
Part II...........................
26
 
No
27
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor, or a grant selection committee member, or to a person related to such an individual? If “Yes,” complete Schedule L, Part III...............
27
 
No
28
Was the organization a party to a business transaction with one of the following parties? (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, or key employee? If “Yes,” complete Schedule L, Part IV .........................
28a
 
No
b
A family member of a current or former officer, director, trustee, or key employee? If “Yes,”
complete Schedule L, Part IV...................
28b
 
No
c
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or owner? If “Yes,” complete Schedule L, Part IV..
28c
 
No
29
Did the organization receive more than $25,000 in non-cash contributions? If “Yes,” complete Schedule M
29
 
No
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If “Yes,” complete Schedule M............
30
 
No
31
Did the organization liquidate, terminate, or dissolve and cease operations? If “Yes,” complete Schedule N,
Part I...........................
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If “Yes,” complete Schedule N, Part II.......................
32
 
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If “Yes,” complete Schedule R, Part I........
33
 
No
34
Was the organization related to any tax-exempt or taxable entity? If “Yes,” complete Schedule R, Parts II, III, IV, and V, line 1.....................
34
 
No
35
Is any related organization a controlled entity within the meaning of section 512(b)(13)? .....
35
 
No
a
Did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If “Yes,” complete Schedule R, Part V, line 2...
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If “Yes,” complete Schedule R, Part V, line 2...........
36
 
No
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If “Yes,” complete Schedule R, Part VI
37
 
No
38
Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11 and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Form 990 (2010)
Form 990 (2010)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response to any question in this Part V . . . . . . . . . .
Yes
No
1a
Enter the number reported in Box 3 of Form 1096. Enter -0- if not applicable. .......
1a
50
b
Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable.
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
Yes
 
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax Statements filed for the calendar year ending with or within the year covered by this return .....................
2a
33
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?

Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file. (see instructions)
2b
Yes
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?.............................
3a
Yes
 
b
If “Yes,” has it filed a Form 990-T for this year? If “No,” provide an explanation in Schedule O.....
3b
Yes
 
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account or securities account)?.......................
4a
 
No
b
If "Yes," enter the name of the foreign country: MediumBullet
See instructions for filing requirements for Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts.
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If “Yes” to line 5a or 5b, did the organization file Form 8886-T? ........
5c
 
 
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible?..........
6a
 
No
b
If “Yes,” did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?........................
6b
 
 
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?....................
7a
 
No
b
If “Yes,” did the organization notify the donor of the value of the goods or services provided?.....
7b
 
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?...........................
7c
 
No
d
If “Yes,” indicate the number of Forms 8282 filed during the year ....
7d
 
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?..........................
7e
 
No
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?..
7f
 
No
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?...................
7g
 
 
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?...............
7h
 
 
8
Sponsoring organizations maintaining donor advised funds and section 509(a)(3) supporting organizations. Did the supporting organization, or a donor advised fund maintained by a sponsoring organization, have excess business holdings at any time during the year?................
8
 
 
9
Sponsoring organizations maintaining donor advised funds.
a
Did the organization make any taxable distributions under section 4966?.........
9a
 
 
b
Did the organization make a distribution to a donor, donor advisor, or related person?......
9b
 
 
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.) ........
11b
 
12a
Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
12a
 
 
b
If “Yes,” enter the amount of tax-exempt interest received or accrued during the year.
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state?
Note. All 501(c)(29) organizations must list in Schedule O each state in which they are licensed to issue qualified health plans, the amount of reserves required by each state, and the amount of reserves the organization allocated to each state.
13a
 
 
b
Enter the aggregate amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans.
13b
 
c
Enter the aggregate amount of reserves on hand.
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
 
b
If "Yes," has it filed a Form 720 to report these payments? If “No,” provide an explanation in Schedule O..
14b
 
 
Form 990 (2010)
Form 990 (2010)
Page 6
Part VI
Governance, Management, and Disclosure For each “Yes” response to lines 2 through 7b below, and for a “No” response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response to any question in this Part VI . . . . . . . . . .
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year ..............
1a
13
b
Enter the number of voting members included in line 1a, above, who are independent .................
1b
13
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................
2
 
No
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? ..
3
Yes
 
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed?
4
 
No
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Does the organization have members or stockholders? ................
6
 
No
7a
Does the organization have members, stockholders, or other persons who may elect one or more members of the governing body? .........................
7a
 
No
b
Are any decisions of the governing body subject to approval by members, stockholders, or other persons? ..
7b
 
No
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .........................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ............
8b
Yes
 
9
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If “Yes,” provide the names and addresses in Schedule O .....
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal
Revenue Code.)
Yes
No
10a
Does the organization have local chapters, branches, or affiliates? ............
10a
 
No
b
If “Yes,” does the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with those of the organization? ....
10b
 
 
11a
Has the organization provided a copy of this Form 990 to all members of its governing body before filing the form?
11a
 
No
b
Describe in Schedule O the process, if any, used by the organization to review the Form 990. .....
12a
Does the organization have a written conflict of interest policy? If “No,” go to line 13.......
12a
Yes
 
b
Are officers, directors or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ...........................
12b
Yes
 
c
Does the organization regularly and consistently monitor and enforce compliance with the policy? If “Yes,” describe in Schedule O how this is done ....................
12c
Yes
 
13
Does the organization have a written whistleblower policy? ...............
13
Yes
 
14
Does the organization have a written document retention and destruction policy? .........
14
Yes
 
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
Yes
 
b
Other officers or key employees of the organization ................
15b
Yes
 
If "Yes" to line a or b, describe the process in Schedule O. (See instructions.)
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................
16a
 
No
b
If “Yes,” has the organization adopted a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and taken steps to safeguard the organization’s exempt status with respect to such arrangements? ............
16b
 
 
Section C. Disclosure
17
List the States with which a copy of this Form 990 is required to be filedMediumBullet
MN
18
Section 6104 requires an organization to make its Form 1023 (or 1024 if applicable), 990, and 990-T (501(c)(3)s only) available for public inspection. Indicate how you make these available. Check all that apply.
19
Describe in Schedule O whether (and if so, how), the organization makes its governing documents, conflict of interest policy, and financial statements available to the public.
20
State the name, physical address, and telephone number of the person who possesses the books and records of the organization: MediumBullet
LYNELLE M HOULE-BUSHINGER
405 FIRST STREET SE
LITTLE FALLS,MN56345
(320) 632-9255
Form 990 (2010)
Form 990 (2010)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response to any question in this Part VII . . . . . . . . . .
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation, and current key employees. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

RoundBullet List all of the organization’s current key employees, if any. See instructions for definition of "key employee."
RoundBullet List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the
organization and any related organizations.

RoundBullet List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

RoundBullet List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest
compensated employees; and former such persons.
Check this box if neither the organization nor any related organizations compensated any current or former officer, director, or trustee.
(A)
Name and Title 		(B)
Average hours per week (describe hours for related organizations in Schedule O) 		(C)
Position (check all that apply) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; Officer; Key Employee; Highest compensated employee; Former;
(1) ISMAIL ALI
TRUSTEE
 1.00 X           0 0 0
(2) BARB ANDERSON
TRUSTEE
 1.00 X           0 0 0
(3) JOHN E BABCOCK
TRUSTEE
 1.00 X           0 0 0
(4) MAYULI BALES
TRUSTEE
 1.00 X           0 0 0
(5) CHRIS CLOSE
TRUSTEE
 1.00 X           0 0 0
(6) LINDA EICH DESJARDINS
VICE CHAIR
 2.00 X   X       0 0 0
(7) PAT GORHAM
TRUSTEE
 1.00 X           0 0 0
(8) LEE HANSON
CHAIR
 2.00 X   X       0 0 0
(9) ARNIE JOHNSON
TRUSTEE
 1.00 X           0 0 0
(10) LARRY KORF
TRUSTEE
 1.00 X           0 0 0
(11) DR EARL H POTTER III
TRUSTEE
 1.00 X           0 0 0
(12) MARY SAM
TRUSTEE
 1.00 X           0 0 0
(13) GENE WALDORF
TRUSTEE
 1.00 X           0 0 0
(14) KATHY S GAALSWYK
PRESIDENT
 40.00     X       146,681 0 16,104
(15) LYNELLE M HOULE-BUSHINGER
VP-FINANCE & OPERATIONS
 40.00     X       80,085 0 15,427
(16) RANDALL OLSON
VP-ECONOMIC OPPORTUNITY
 40.00         X   75,624 0 19,369
(17) MATT KILIAN
DIRECTOR OF COMMUNICATIONS
 40.00         X   72,762 0 11,478
Form 990 (2010)
Form 990 (2010)
Page 8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A)
Name and Title 		(B)
Average hours per week (describe hours for related organizations in Schedule O) 		(C)
Position (check all that apply) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; Officer; Key Employee; Highest compensated employee; Former;
(18) SANDY VOIGT
PROGRAM MANAGER FOR TECH FINANCE
 40.00         X   72,956 0 15,121
























1b Sub-Total................MediumBullet
c Total from continuation sheets to Part VII, Section A....MediumBullet
d Total (add lines 1b and 1c)............MediumBullet 226,766 0 31,531
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 in reportable compensation from the organizationMediumBullet1
Yes
No
3
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If “Yes,” complete Schedule J for such individual .............
3
 
No
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If “Yes,” complete Schedule J for such individual...........................
4
Yes
 
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If “Yes,” complete Schedule J for such person .....
5
 
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization.
(A)
Name and business address 		(B)
Description of services 		(C)
Compensation
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 in compensation from the organization MediumBullet0
Form 990 (2010)
Form 990 (2010)
Page 9
Part VIII
Statement of Revenue
(A)
Total revenue 		(B)
Related or
exempt
function
revenue 		(C)
Unrelated
business
revenue 		(D)
Revenue
excluded from
tax under sections
512, 513, or 514
Contributions, gifts, grants and other similar amounts 1a Federated campaigns..1a  
b Membership dues....1b  
c Fundraising events....1c 36,977
d Related organizations...1d  
e Government grants (contributions)1e 846,372
f All other contributions, gifts, grants, and
similar amounts not included above1f 		2,442,975
g Noncash contributions included in lines 1a-1f:$  
h Total. Add lines 1a-1f.......MediumBullet 3,326,324
Program Service Revenue Business Code
2a REVOLVING LOAN INT 522,100 543,003 543,003    
b LOAN ADMIN FEES 900,099 15,128 15,128    
c
d
e
f All other program service revenue .        
g Total. Add lines 2a–2f........MediumBullet 558,131
Other Revenue 3 Investment income (including dividends, interest
and other similar amounts).....MediumBullet 952,193     952,193
4 Income from investment of tax-exempt bond proceeds..MediumBullet        
5 Royalties............MediumBullet        
(i) Real (ii) Personal
6a Gross Rents 5,625  
b Less: rental expenses    
c Rental income or (loss) 5,625  
d Net rental income or (loss).......MediumBullet 5,625 5,625    
(i) Securities (ii) Other
7a Gross amount from sales of assets other than inventory 6,318,177  
b Less: cost or other basis and sales expenses 6,735,858  
c Gain or (loss) -417,681  
d Net gain or (loss)..........MediumBullet -417,681     -417,681
8a Gross income from fundraising events (not including
$ 36,977
of contributions reported on line 1c). See Part IV, line 18 ...
a 40,460
b Less: direct expenses ...b 31,704
c Net income or (loss) from fundraising events..MediumBullet 8,756   8,756
9a Gross income from gaming activities.
See Part IV, line 19 ...
a  
b Less: direct expenses ...b  
c Net income or (loss) from gaming activities...MediumBullet        
10a Gross sales of inventory, less
returns and allowances .
a  
b Less: cost of goods sold ..b  
c Net income or (loss) from sales of inventory..MediumBullet        
Miscellaneous Revenue Business Code
11a ADVERTISING 541,860 132,100   132,100  
b            
c            
d All other revenue ....        
e Total. Add lines 11a–11d ......MediumBullet 132,100
12 Total revenue. See Instructions....MediumBullet 4,565,448 563,756 132,100 543,268
Form 990 (2010)
Form 990 (2010)
Page 10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A) but are not required to complete columns (B), (C), and (D).
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII. 		(A)
Total expenses 		(B)
Program service expenses 		(C)
Management and general expenses 		(D)
Fundraising expenses
1 Grants and other assistance to governments and organizations in the U.S. See Part IV, line 21 1,296,237 1,296,237
2 Grants and other assistance to individuals in the U.S. See Part IV, line 22 291,808 291,808
3 Grants and other assistance to governments, organizations, and individuals outside the U.S. See Part IV, lines 15 and 16    
4 Benefits paid to or for members    
5 Compensation of current officers, directors, trustees, and key employees .... 258,297 81,393 136,208 40,696
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....        
7 Other salaries and wages 1,032,707 800,290 74,636 157,781
8 Pension plan contributions (include section 401(k) and section 403(b) employer contributions) .... 39,218 30,457 4,703 4,058
9 Other employee benefits ....... 204,206 145,990 38,223 19,993
10 Payroll taxes ........... 90,512 57,116 24,806 8,590
11 Fees for services (non-employees):        
a Management ......        
b Legal ......... 27,855 26,111 300 1,444
c Accounting ........... 21,663   21,663  
d Lobbying ...........        
e Professional fundraising. See Part IV, line 17..    
f Investment management fees ...... 25,000   25,000  
g Other .......... 153,704 145,279 1,942 6,483
12 Advertising and promotion ....        
13 Office expenses ....... 68,760 43,101 15,296 10,363
14 Information technology ...... 64,109 44,044 12,724 7,341
15 Royalties ..        
16 Occupancy ........... 41,587 24,536 10,813 6,238
17 Travel ............ 48,254 37,721 6,738 3,795
18 Payments of travel or entertainment expenses for any federal, state, or local public officials ......        
19 Conferences, conventions, and meetings .... 8,315 6,830 1,365 120
20 Interest ........... 61,012 60,812 127 73
21 Payments to affiliates .......        
22 Depreciation, depletion, and amortization ..... 78,241 46,162 20,343 11,736
23 Insurance .............. 13,349 8,249 3,079 2,021
24 Other expenses. Itemize expenses not covered above. (Expenses grouped together and labeled miscellaneous may not exceed 5% of total expenses shown on line 25 below.)
a BAD DEBT EXPENSES 677,713 677,713    
b IQ MAGAZINE 216,458 216,458    
c EVALUATION 34,091 28,627 9 5,455
d MEMBERSHIPS 25,577 22,059 2,068 1,450
e VOLUNTEER TRAVEL/TRNG 25,074 25,074    
f All other expenses 115,855 56,258 51,124 8,473
25 Total functional expenses. Add lines 1 through 24f 4,919,602 4,172,325 451,167 296,110
26 Joint costs. Check here MediumBullet if following
SOP 98-2 (ASC 958-720). Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation 		       
Form 990 (2010)
Form 990 (2010)
Page 11
Part X Balance Sheet
(A)
Beginning of year 		(B)
End of year
Assets 1 Cash—non-interest-bearing .......... 857,021 1 943,688
2 Savings and temporary cash investments ....... 1,891,869 2 2,148,834
3 Pledges and grants receivable, net ......... 669,974 3 936,375
4 Accounts receivable, net ......... 99,214 4 96,670
5 Receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of
Schedule L ..........   5  
6 Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B). Complete Part II of
Schedule L ..........   6  
7 Notes and loans receivable, net ............. 6,610,869 7 6,189,861
8 Inventories for sale or use ..............   8  
9 Prepaid expenses and deferred charges ............ 52,156 9 60,375
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 2,912,519
b Less: accumulated depreciation. ..... 10b 900,093 1,984,055 10c 2,012,426
11 Investments—publicly traded securities .......... 31,310,090 11 35,259,942
12 Investments—other securities. See Part IV, line 11 ...... 890,000 12 990,000
13 Investments—program-related. See Part IV, line 11 ..   13  
14 Intangible assets .........   14  
15 Other assets. See Part IV, line 11 ........... 6,600 15 6,600
16 Total assets. Add lines 1 through 15 (must equal line 34)... 44,371,848 16 48,644,771
Liabilities 17 Accounts payable and accrued expenses . 194,211 17 226,450
18 Grants payable .......... 295,040 18 488,902
19 Deferred revenue .......... 586,459 19 1,534,909
20 Tax-exempt bond liabilities ..........   20  
21 Escrow or custodial account liability. Complete Part IV of Schedule D.. 56,351 21 37,667
22 Payables to current and former officers, directors, trustees, key
employees, highest compensated employees, and disqualified
persons. Complete Part II of Schedule L..........   22  
23 Secured mortgages and notes payable to unrelated third parties .. 1,487,565 23 1,551,030
24 Unsecured notes and loans payable to unrelated third parties .... 2,150,000 24 2,175,000
25 Other liabilities. Complete Part X of Schedule D..... 96,166 25 97,862
26 Total liabilities. Add lines 17 through 25..... 4,865,792 26 6,111,820
Net Assets or Fund Balance Organizations that follow SFAS 117, check here MediumBullet and complete lines 27 through 29, and lines 33 and 34.
27 Unrestricted net assets ..... 20,552,074 27 23,032,904
28 Temporarily restricted net assets ..... 2,201,349 28 2,479,820
29 Permanently restricted net assets ..... 16,752,633 29 17,020,227
Organizations that do not follow SFAS 117, check here MediumBullet and complete lines 30 through 34.
30 Capital stock or trust principal, or current funds .....   30  
31 Paid-in or capital surplus, or land, building or equipment fund .....   31  
32 Retained earnings, endowment, accumulated income, or other funds   32  
33 Total net assets or fund balances ..... 39,506,056 33 42,532,951
34 Total liabilities and net assets/fund balances ..... 44,371,848 34 48,644,771
Form 990 (2010)
Form 990 (2010)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response to any question in this Part XI . . . . . . . . . .
1
Total revenue (must equal Part VIII, column (A), line 12) . . .
1
4,565,448
2
Total expenses (must equal Part IX, column (A), line 25) . . . . .
2
4,919,602
3
Revenue less expenses. Subtract line 2 from line 1 . . . .
3
-354,154
4
Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) . .
4
39,506,056
5
Other changes in net assets or fund balances (explain in Schedule O) . . . .
5
3,381,049
6
Net assets or fund balances at end of year. Combine lines 3, 4, and 5 (must equal Part X, line 33, column (B)) . . . . . .
6
42,532,951
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response to any question in this Part XII . . . . . . . . . .
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain in
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?..
2a
 
No
b
Were the organization’s financial statements audited by an independent accountant?........
2b
Yes
 
c
If “Yes,” to 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O............................
2c
Yes
 
d
If “Yes” to line 2a or 2b, check a box below to indicate whether the financial statements for the year were issued on a separate basis, consolidated basis, or both:
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133? ................
3a
Yes
 
b
If “Yes,” did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits. ..
3b
Yes
 
Form 990 (2010)
Additional Data


Software ID:  
Software Version:  
Form 990, Special Condition Description:
Special Condition Description
SCHEDULE A
(Form 990 or 990EZ)

Department of the Treasury
Internal Revenue Service
Public Charity Status and Public Support

Complete if the organization is a section 501(c)(3) organization or a section
4947(a)(1) nonexempt charitable trust.
right arrow Attach to Form 990 or Form 990-EZ. right arrow See separate instructions.
OMB No. 1545-0047
2010
Open to Public
Inspection
Name of the organization
INITIATIVE FOUNDATION
 
Employer identification number

36-3451562
Part I
Reason for Public Charity Status (All organizations must complete this part.) See instructions
The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)
1
2
3
4
5
section 170(b)(1)(A)(iv). (Complete Part II.)
6
7
8
9
receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of
its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses
acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)
10
11
e
f
g
(i) a person who directly or indirectly controls, either alone or together with persons described in (ii)
Yes
No
and (iii) below, the governing body of the the supported organization? ................
11g(i)
 
 
(ii) a family member of a person described in (i) above? ......................
11g(ii)
 
 
(iii) a 35% controlled entity of a person described in (i) or (ii) above? ................
11g(iii)
 
 
h
(i)
Name of supported organization 		(ii)
EIN 		(iii)
Type of organization (described on lines 1- 9 above or IRC section (see instructions)) 		(iv)
Is the organization in col. (i) listed in your governing document? 		(v)
Did you notify the organization in col. (i) of your support? 		(vi)
Is the organization in col. (i) organized in the U.S.? 		(vii)
Amount of support?
Yes No Yes No Yes No
Total                  

For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 11285F
Schedule A (Form 990 or 990-EZ) 2010
Schedule A (Form 990 or 990-EZ) 2010
Page 2
Part II
Support Schedule for Organizations Described in IRC 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization fails to qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year(or fiscal year beginning in) (a) 2006 (b) 2007 (c) 2008 (d) 2009 (e) 2010 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .... 2,402,121 3,855,947 2,827,304 2,992,047 3,320,865 15,398,284
2 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.......            
3 The value of services or facilities furnished by a governmental unit to the organization without charge..            
4 Total. Add lines 1 through 3.. 2,402,121 3,855,947 2,827,304 2,992,047 3,320,865 15,398,284
5 The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f)..           7,207,751
6 Public Support. Subtract line 5 from line 4.           8,190,533
Section B. Total Support
Calendar year(or fiscal year beginning in) (a) 2006 (b) 2007 (c) 2008 (d) 2009 (e) 2010 (f) Total
7 Amounts from line 4.. 2,402,121 3,855,947 2,827,304 2,992,047 3,320,865 15,398,284
8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. 1,787,683 2,306,567 1,120,260 759,814 957,818 6,932,142
9 Net income from unrelated business activities, whether or not the business is regularly carried on..            
10 Other income. (Explain in Part IV.) Do not include gain or loss from the sale of capital assets.. 36,401 20,090 4,304 13,211 40,460 114,466
11 Total support (Add lines 7 through 10).           22,444,892
12
12
2,628,457
13
Section C. Computation of Public Support Percentage
14
14
36.490 %
15
15
36.170 %
16a
b
17a
b
18
Schedule A (Form 990 or 990-EZ) 2010
Schedule A (Form 990 or 990-EZ) 2010
Page 3
Part III
Support Schedule for Organizations Described in IRC 509(a)(2)
(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year(or fiscal year beginning in) (a) 2006 (b) 2007 (c) 2008 (d) 2009 (e) 2010 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .            
2 Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose......            
3 Gross receipts from activities that are not an unrelated trade or business under section 513..            
4 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...            
5 The value of services or facilities furnished by a governmental unit to the organization without charge..            
6 Total. Add lines 1 through 5.            
7a Amounts included on lines 1, 2, and 3 received from disqualified persons...            
b Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.            
c Add lines 7a and 7b..            
8 Public Support (Subtract line 7c from line 6.)            
Section B. Total Support
Calendar year (or fiscal year beginning in) (a) 2006 (b) 2007 (c) 2008 (d) 2009 (e) 2010 (f) Total
9 Amounts from line 6...            
10a Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..            
b Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.            
c Add lines 10a and 10b.            
11 Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.            
12 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.)            
13 Total support (Add lines 9, 10c, 11 and 12.).            
14
Section C. Computation of Public Support Percentage
15
15
 
16
16
 
Section D. Computation of Investment Income Percentage
17
17
 
18
18
 
19a
b
20
Schedule A (Form 990 or 990-EZ) 2010
Schedule A (Form 990 or 990-EZ) 2010
Page 4
Part IV
Supplemental Information. Supplemental Information. Complete this part to provide the explanation required by Part II, line 10; Part II, line 17a or 17b; or Part III, line 12. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
 
Explanation
SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: SPECIAL FUNDRAISING EVENTS
 
 
 
Schedule A (Form 990 or 990-EZ) 2010

Additional Data


Software ID:  
Software Version:  
Schedule B
(Form 990, 990-EZ,
or 990-PF)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors
Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
OMB No. 1545-0047
2010
Name of organization
INITIATIVE FOUNDATION
 
Employer identification number

36-3451562
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ





Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule—
Special Rules
......................... Arrow Bullet   $    
Caution. An Organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2 of its Form 990, or check the box in the heading of its
Form 990-EZ, or on line 2 of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2010)

Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
Page 1 of 1 of Part I
Name of organization
INITIATIVE FOUNDATION
  		Employer identification number

36-3451562
Part I
Contributors (see Instructions)
     
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Aggregate contributions		 (d)
Type of contribution
RESTRICTED
RESTRICTED
 

     
RESTRICTED
RESTRICTED  
RESTRICTED, RESTRICTED   RESTRICTED

$RESTRICTED




(Complete Part II if there is
a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Aggregate contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is
a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Aggregate contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is
a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Aggregate contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is
a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Aggregate contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is
a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Aggregate contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is
a noncash contribution.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
Page 1 of 1 of Part II
Name of organization
INITIATIVE FOUNDATION
  		Employer identification number

36-3451562
Part II
Noncash Property (see Instructions)
     
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
Page 1 of 1 of Part III
Name of organization
INITIATIVE FOUNDATION
  		Employer identification number

36-3451562
Part III
Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
aggregating more than $1,000 for the year. (Complete columns (a) through (e) and the following line entry.)
For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet $  
(a) No.
from
Part I		 (b)
Purpose of gift		 (c)
Use of gift		 (d)
Description of how gift is held
 
(e)
Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
       
 
(a) No.
from
Part I		 (b)
Purpose of gift		 (c)
Use of gift		 (d)
Description of how gift is held
 
(e)
Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
       
 
(a) No.
from
Part I		 (b)
Purpose of gift		 (c)
Use of gift		 (d)
Description of how gift is held
 
(e)
Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
       
 
(a) No.
from
Part I		 (b)
Purpose of gift		 (c)
Use of gift		 (d)
Description of how gift is held
 
(e)
Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
       
 
Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

Additional Data


Software ID:  
Software Version:  
SCHEDULE D
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Financial Statements
SchDMd Bullet Complete if the organization answered "Yes," to Form 990,
Part IV, line 6, 7, 8, 9, 10, 11, or 12.
SchDMd Bullet Attach to Form 990. SchDMd Bullet See separate instructions.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
INITIATIVE FOUNDATION
 
Employer identification number

36-3451562
Part I
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" to Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year ....... 10  
2 Aggregate contributions to (during year) ... 600  
3 Aggregate grants from (during year) ... 86,673  
4 Aggregate value at end of year ....... 2,273,617  
5
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised
funds are the organization's property, subject to the organization's exclusive legal control? ............
6
Did the organization inform all grantees, donors, and donor advisors in writing that grant funds may be
used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit. ...................................
Part II
Conservation Easements. Complete if the organization answered "Yes" to Form 990, Part IV, line 7.
1
Purpose(s) of conservation easements held by the organization (check all that apply).
2
Complete lines 2a–2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.
Held at the End of the Year
a Total number of conservation easements ....................... 2a  
b Total acreage restricted by conservation easements .................. 2b  
c Number of conservation easements on a certified historic structure included in (a) ..... 2c  
d Number of conservation easements included in (c) acquired after 8/17/06 ........ 2d  
3
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during
the taxable year SchDMd Bullet  
4
Number of states where property subject to conservation easement is located SchDMd Bullet  
5
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and
enforcement of the conservation easements it holds? .............................
6
Staff and volunteer hours devoted to monitoring, inspecting and enforcing conservation easements during the year SchDMd Bullet  
7
Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year SchDMd Bullet $  
8
Does each conservation easement reported on line 2(d) above satisfy the requirements of section
170(h)(4)(B)(i) and 170(h)(4)(B)(ii)? ....................................
9
In Part XIV, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" to Form 990, Part IV, line 8.
1a
If the organization elected, as permitted under SFAS 116, not to report in its revenue statement and balance sheet works of
art, historical treasures, or other similar assets held for public exhibition, education or research in furtherance of public service,
provide, in Part XIV, the text of the footnote to its financial statements that describes these items.
b
If the organization elected, as permitted under SFAS 116, to report in its revenue statement and balance sheet works of art,
historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service,
provide the following amounts relating to these items:
(i)
Revenues included in Form 990, Part VIII, line 1 ........................SchDMd Bullet $  
(ii)
Assets included in Form 990, Part X ..............................SchDMd Bullet $  
2
If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under SFAS 116 relating to these items:
a
Revenues included in Form 990, Part VIII, line 1 ..........................SchDMd Bullet $  
b
Assets included in Form 990, Part X ...............................SchDMd Bullet $  
For Privacy Act and Paperwork Reduction Act Notice, see the Intructions for Form 990
Cat. No. 52283D
Schedule D (Form 990) 2010

Schedule D (Form 990) 2010
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3
Using the organization’s accession and other records, check any of the following that are a significant use of its collection
items (check all that apply):
a
d
b
e
 
c
4
Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIV.
5
During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?........
Part IV
Escrow and Custodial Arrangements. Complete if the organization answered "Yes" to Form 990,
Part IV, line 9, or reported an amount on Form 990, Part X, line 21.
1a
Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................
b
If "Yes," explain the arrangement in Part XIV and complete the following table:
Amount
c Beginning balance ................................. 1c  
d Additions during the year .............................. 1d  
e Distributions during the year ............................. 1e  
f Ending balance ................................... 1f  
2a
Did the organization include an amount on Form 990, Part X, line 21? .....................
b
If “Yes,” explain the arrangement in Part XIV.
Part V
Endowment Funds. Complete if the organization answered "Yes" to Form 990, Part IV, line 10.
(a)Current Year (b)Prior Year (c)Two Years Back (d)Three Years Back (e)Four Years Back
1a Beginning of year balance .... 31,916,844 25,545,367 30,089,887
b Contributions ........ 739,709 669,443 1,336,251
c Investment earnings or losses ... 3,885,690 6,598,427 -6,128,013
d Grants or scholarships .....     6,300
e Other expenditures for facilities
and programs ........ 		1,253,433 896,393 625,368
f Administrative expenses ....     330,702
g End of year balance ...... 35,288,810 31,916,844 24,335,755
2
Provide the estimated percentage of the year end balance held as:
a
Board designated or quasi-endowment: SchDMd Bullet45.440 %
b
Permanent endowment: SchDMd Bullet48.230 %
c
Term endowment: SchDMd Bullet6.330 %
3a
Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes
No
(i) unrelated organizations ........................
3a(i)
 
No
(ii) related organizations ........................
3a(ii)
 
No
b
If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
 
 
4
Describe in Part XIV the intended uses of the organization's endowment funds.
Part VI
Investments—Land, Buildings, and Equipment. See Form 990, Part X, line 10.
Description of investment (a) Cost or other basis (investment) (b)Cost or other basis (other) (c) Accumulated depreciation (d) Book value
1a Land .................   768,200 768,200
b Buildings ................   1,676,750 572,142 1,104,608
c Leasehold improvements ............        
d Equipment ................   467,569 327,951 139,618
e Other .................        
Total. Add lines 1a-1e. (Column (d) should equal Form 990, Part X, column (B), line 10(c).)........SchDMdBullet 2,012,426
Schedule D (Form 990) 2010

Schedule D (Form 990) 2010
Page 3
Part VII
Investments—Other Securities. See Form 990, Part X, line 12.
(a) Description of security or category
(including name of security)		 (b)Book value (c) Method of valuation:
Cost or end-of-year market value
(1)Financial derivatives    
(2)Closely-held equity interests    
Other








Total. (Column (b) should equal Form 990, Part X, col.(B) line 12.)Small Bullet  
Part VIII
Investments—Program Related. See Form 990, Part X, line 13.
(a) Description of investment type (b) Book value (c) Method of valuation:
Cost or end-of-year market value








Total. (Column (b) should equal Form 990, Part X, col.(B) line 13.)Small Bullet  
Part IX
Other Assets. See Form 990, Part X, line 15.
(a) Description (b) Book value








Total. (Column (b) should equal Form 990, Part X, col.(B) line 15.)...........Small Bullet  
Part X
Other Liabilities. See Form 990, Part X, line 25.
1.(a) Description of Liability (b) Amount
Federal Income Taxes  
LOAN GUARANTEE LIABILITY 72,726
CAPITAL LEASE PAYABLE 25,136







Total. (Column (b) should equal Form 990, Part X, col.(B) line 25.)Small Bullet 97,862
2. Fin 48 (ASC 740) Footnote. In Part XIV, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC740).
Schedule D (Form 990) 2010

Schedule D (Form 990) 2010
Page 4
Part XI Reconciliation of Change in Net Assets from Form 990 to Financial Statements
1 Total revenue (Form 990, Part VIII, column (A), line 12) .................... 1 4,565,448
2 Total expenses (Form 990, Part IX, column (A), line 25) ..................... 2 4,919,602
3 Excess or (deficit) for the year. Subtract line 2 from line 1 ............. 3 -354,154
4 Net unrealized gains (losses) on investments .......................... 4 3,381,049
5 Donated services and use of facilities ............................. 5  
6 Investment expenses ................................... 6  
7 Prior period adjustments .................................. 7  
8 Other (Describe in Part XIV) ................................. 8  
9 Total adjustments (net). Add lines 4 - 8 ............................. 9 3,381,049
10 Excess or (deficit) for the year per financial statements. Combine lines 3 and 9 ......... 10 3,026,895
Part XII Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
1 Total revenue, gains, and other support per audited financial statements ....... 1 7,978,201
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains on investments .......... 2a 3,381,049
b Donated services and use of facilities ......... 2b  
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIV): ............ 2d  
e Add lines 2a through 2d ..................... 2e 3,381,049
3 Subtract line 2e from line 1..................... 3 4,597,152
4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b . 4a  
b Other (Describe in Part XIV): ........... 4b -31,704
c Add lines 4a and 4b....................... 4c -31,704
5 Total Revenue. Add lines 3 and 4c. (This should equal Form 990, Part I, line 12.) ...... 5 4,565,448
Part XIII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
1 Total expenses and losses per audited financial statements ............. 1 4,951,306
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities .......... 2a  
b Prior year adjustments .............. 2b  
c Other losses ................ 2c  
d Other (Describe in Part XIV): ............ 2d 31,704
e Add lines 2a through 2d...................... 2e 31,704
3 Subtract line 2e from line 1..................... 3 4,919,602
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b .. 4a  
b Other (Describe in Part XIV): ............ 4b  
c Add lines 4a and 4b....................... 4c 0
5 Total expenses. Add lines 3 and 4c. (This should equal Form 990, Part I, line 18.) ...... 5 4,919,602
Part XIV
Supplemental Information
Complete this part to provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b;
Part V, line 4; Part X; Part XI, line 8; Part XII, lines 2d and 4b; and Part XIII, lines 2d and 4b. Also complete this part to provide any additional information.
Identifier Return Reference Explanation
  PART IV, LINE 2B: THE FOUNDATION HOLDS FUNDS TRANSFERRED TO THEM FROM OTHER ORGANIZATIONS FOR INVESTMENT MANAGEMENT PURPOSES. THE FUNDS ARE TO BE DISTRIBUTED BACK TO THESE ORGANIZATIONS AS THEY REQUEST THEM. THE FOUNDATION HAS NO VARIANCE POWER OVER THE FUNDS.
DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: BOARD DESIGNATED ENDOWMENT FUNDS PROVIDE PROGRAM AND OPERATING SUPPORT FOR THE INITIATIVE FOUNDATION'S MISSION SPECIFIC WORK. DONOR DESIGNATED ENDOWMENT FUNDS DEVELOP COMMUNITY RESOURCES TO ENHANCE THE QUALITY OF LIFE OF INDIVIDUALS AND FAMILIES THROUGH VARIOUS COMMUNITIES IN MINNESOTA. SOME DONOR DESIGNATED ENDOWMENT FUNDS ARE ALSO USED TO PROVIDE SCHOLARSHIPS FOR HIGH SCHOOL STUDENTS PURSUING POST SECONDARY EDUCATION, TO AWARD GRANTS THAT PROMOTE VARIOUS INTIATIVES PURSUED BY THE DONOR, AND TO SUPPORT ORGANIZATIONS CONDUCTING VARIOUS CHARITABLE ACTIVITIES.
DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CORRESPONDING STATE TAX CODES, AND THEREFORE THE FINANCIAL STATEMENTS DO NOT INCLUDE A PROVISION FOR INCOME TAXES. CONTRIBUTIONS TO THE FOUNDATION QUALIFY AS A CHARITABLE TAX DEDUCTION BY THE CONTRIBUTOR. THE FOUNDATION IS SUBJECT TO UNRELATED BUSINESS INCOME TAX WITH RESPECT TO ADVERTISING INCOME. THE FOUNDATION'S 2007-2009 TAX YEARS ARE OPEN FOR EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES. THE FOUNDATION FILES AS A TAX EXEMPT ORGANIZATION, SHOULD THAT STATUS BE CHALLENGED IN THE FUTURE, ALL YEARS SINCE INCEPTION WOULD BE SUBJECT TO REVIEW BY THE IRS.
PART XII, LINE 4B - OTHER ADJUSTMENTS:   SPECIAL EVENT EXPENSES -31,704.
PART XIII, LINE 2D - OTHER ADJUSTMENTS:   SPECIAL EVENT EXPENSES 31,704.
Schedule D (Form 990) 2010

Additional Data


Software ID:  
Software Version:  




SCHEDULE G
(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Supplemental Information Regarding
Fundraising or Gaming Activities
Complete if the organization answered "Yes" to Form 990, Part IV, lines 17, 18, or 19,
or if the organization entered more than $15,000 on Form 990-EZ, line 6a.
right arrow Attach to Form 990 or Form 990-EZ. right arrow See separate instructions.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
INITIATIVE FOUNDATION
 
Employer identification number

36-3451562
Part I
Fundraising Activities. Complete if the organization answered "Yes" to Form 990, Part IV, line 17.
1
Indicate whether the organization raised funds through any of the following activities. Check all that apply.
a e
b f
c g
d
2a
Did the organization have a written or oral agreement with any individual (including officers, directors, trustees
or key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services?
b
If “Yes,” list the ten highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is
to be compensated at least $5,000 by the organization. Form 990-EZ filers are not required to complete this table.
(i) Name and address of individual
or entity (fundraiser) 		(ii) Activity (iii) Did fundraiser have custody or control of contributions? (iv) Gross receipts
from activity 		(v) Amount paid to
(or retained by)
fundraiser listed in
col. (i) 		(vi) Amount paid to
(or retained by)
organization
Yes No
Total .................right arrow      
3
List all states in which the organization is registered or licensed to solicit funds or has been notified it is exempt from registration or licensing.
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50083H
Schedule G (Form 990 or 990-EZ) 2010
Schedule G (Form 990 or 990-EZ) 2010
Page 2
Part II
Fundraising Events. Complete if the organization answered "Yes" to Form 990, Part IV, line 18, or reported more than $15,000 on Form 990-EZ, line 6a. List events with gross receipts greater than $5,000.
(a) Event #1

WADENA TORNADO RELIEF
(event type) 		(b) Event #2

TRCF GOLF & GALA
(event type) 		(c) Other Events

  
(total number) 		(d) Total Events
(Add col. (a) through col. (c))
VerticalRevenue 1 Gross receipts . . . 41,844 35,593   77,437
2 Less: Charitable
contributions . . . 		13,933 23,044   36,977
3 Gross income (line 1
minus line 2) . . . 		27,911 12,549   40,460
VerticalDirectExpenses 4 Cash prizes . . .        
5 Non-cash prizes . .   994   994
6 Rent/facility costs . . 700 5,080   5,780
7 Food and beverages . . 6,378 8,967   15,345
8 Entertainment . . .        
9 Other direct expenses . 8,102 1,483   9,585
10 Direct expense summary. Add lines 4 through 9 in column (d) ........... right arrow 31,704
11 Net income summary. Combine lines 3 and 10 in column (d)............ right arrow 8,756
Part III
Gaming. Complete if the organization answered "Yes" to Form 990, Part IV, line 19, or reported more than $15,000 on Form 990-EZ, line 6a.
VerticalRevenue (a) Bingo (b) Pull tabs/Instant
bingo/progressive bingo 		(c) Other gaming (d) Total gaming (Add col. (a) through col. (c))
1 Gross revenue . . . .        
VerticalDirectExpenses 2 Cash prizes . . . .        
3 Non-cash prizes . . .        
4 Rent/facility costs . . .        
5 Other direct expenses . .        
6 Volunteer labor . . .
 
 
 
7 Direct expense summary. Add lines 2 through 5 in column (d) ........... right arrow  
8 Net gaming income summary. Combine lines 1 and 7 in column (d) .......... right arrow  
9
Enter the state(s) in which the organization operates gaming activities:
a
Is the organization licensed to operate gaming activities in each of these states? ............
b
If "No," Explain:
 
10a
Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year? .....
b
If "Yes," Explain:
 
11
Does the organization operate gaming activities with nonmembers? .................
12
Is the organization a grantor, beneficiary or trustee of a trust or a member of a partnership or other entity
formed to administer charitable gaming? ...........................
Schedule G (Form 990 or 990-EZ) 2010
Schedule G (Form 990 or 990-EZ) 2010
Page 3
13
Indicate the percentage of gaming activity operated in:
a
The organization's facility ......................
13a
 
b
An outside facility ........................
13b
 
14
Provide the name and address of the person who prepares the organization's gaming/special events books and records:
Name right arrow
Address right arrow
15a
Does the organization have a contract with a third party from whom the organization receives gaming
revenue? ......................................
b
If "Yes," enter the amount of gaming revenue received by the organization right arrow $   and the
amount of gaming revenue retained by the third party right arrow $   .
c
If "Yes," enter name and address:
Name right arrow
Address right arrow
 
 
16
Gaming manager information:
Name right arrow
Gaming manager compensation right arrow $  
Description of services provided right arrow
 
17
Mandatory distributions:
a
Is the organization required under state law to make charitable distributions from the gaming proceeds to
retain the state gaming license? ............................
b
Enter the amount of distributions required under state law distributed to other exempt organizations or spent
in the organization's own exempt activities during the tax year right arrow$  
Part IV
Complete this part to provide additional information for responses to quuestion on Schedule G (see instructions.)
Identifier ReturnReference Explanation
Schedule G (Form 990 or 990-EZ) 2010
Additional Data


Software ID:  
Software Version:  
Schedule I
(Form 990)
Department of the Treasury
Internal Revenue Service
Grants and Other Assistance to Organizations,
Governments and Individuals in the United States
Complete if the organization answered "Yes," to Form 990, Part IV, line 21 or 22.
lBullet Attach to Form 990
OMB No. 1545-0047
2010
Open to Public
Inspection
Name of the organization
INITIATIVE FOUNDATION
 
Employer identification number
36-3451562
Part I
General Information on Grants and Assistance
1
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ....................................
2
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II
Grants and Other Assistance to Governments and Organizations in the United States. Complete if the organization answered "Yes" to
Form 990, Part IV, line 21 for any recipient that received more than $5,000. Check this box if no one recipient received more than $5,000. Use
Part IV and Schedule I-1 (Form 990) if additional space is needed ......................... lBullet
(a) Name and address of organization
or government		 (b) EIN (c) IRC Code section
if applicable		 (d) Amount of cash grant (e) Amount of non-cash
assistance		 (f) Method of valuation
(book, FMV, appraisal,
other)		 (g) Description of
non-cash assistance		 (h) Purpose of grant
or assistance
(1) ADULT DAY SERVICES INC620 CARR LAKE RD SE
BEMIDJI,MN56601 		43-1960840 501 (C) (3) 15,000       FOR PARTICIPATION IN HEALTHY ORGANIZATIONS PARTNERSHIP - STRENGTHENING COMMUNITIES INITIATIVE 10-MONTH STARTSTRONG ORGANIZATIONAL EFFECTIVENESS TRAINING.
(2) BALDWIN TOWNSHIP30239 128TH ST PO BOX 25
PRINCETON,MN55371 		41-1444633 GOVERNMENT ENTITY 10,000       TO BRING THE COMMUNITY OF BALDWIN TOWNSHIP TOGETHER TO CREATE A COMMON VISION FOR THE FUTURE, CREATE A PLAN FOR GETTING THERE AND TO BEGIN THE IMPLEMENTATION OF THAT PLAN OVER THE NEXT 18 MONTHS.
(3) BIG BROTHERS BIG SISTERS OF CENTRAL MINNESOTA15 SIXTH AVE N
SAINT CLOUD,MN56303 		41-0972056 501 (C) (3) 10,000       IMPLEMENTATION OF GOALS IN THREE OR MORE AREAS TO BUILD THE ORGANIZATION'S CAPACITY TO MEET ITS MISSION AND INCREASE ITS SUSTAIBABILITY.
(4) BRAINERD LAKES AREA DEVELOPMENT CORPORATION124 NORTH SIXTH ST
BRAINERD,MN56401 		41-1543292 501 (C) (3) 5,000       PROVIDE SUPPORT FOR THE BRAINERD LAKES AREA DEVELOPMENT CORPORATION'S STRATEGIC MARKETING AND IMPLEMENTATION PLAN THAT WILL STRENGTHEN THE EFFORTS TO SPARK ECONOMIC GROWTH FOR THE REGION.
(5) BRIDGES OF HOPE424 S 8TH ST PO BOX 742
BRAINERD,MN56401 		72-1538846 501 (C) (3) 7,500       TO IMPLEMENT GOALS IN THREE OR MORE AREAS TO BUILD THE ORGANIZATION'S CAPACITY TO MEET ITS MISSION AND INCREASE ITS SUSTAINABILITY.
(6) CASA GUADALUPE MULTICULTURAL COMMUNITY22 5TH AVE N
COLD SPRING,MN56320 		27-3671916 501 (C) (3) 15,000       FOR PARTICIPATION IN HEALTHY ORGANIZATIONS PARTNERSHIP STRENGTHENING COMMUNITIES INITIATIVE 10-MONTH STARTSTRONG ORGANIZATIONAL EFFECTIVENESS TRAINING.
(7) CENTRAL LAKES COLLEGE SMALL BUSINESS DEVELOPMENT CENTER501 WEST COLLEGE DRIVE
BRAINERD,MN56401 		41-1687554 GOVERNMENT ENTITY 10,000       TO EXPAND SERVICES TO CURRENT AND PROSPECTIVE SMALL BUSINESS OWNERS WITH A FOCUS ON STABILIZING AND GROWING EXISTING COMPANIES.
(8) CENTRAL MINNESOTA HABITAT FOR HUMANITY777 LINCOLN AVE NE
SAINT CLOUD,MN56304 		58-1285159 501 (C) (3) 10,000       IMPLEMENTATION OF GOALS IN THREE OR MORE AREAS TO BUILD THE ORGANIZATION'S CAPACITY TO MEET ITS MISSION AND INCREASE ITS SUSTAINABILITY.
(9) CENTRAL MINNESOTA SUSTAINABILITY PROJECTPO BOX 6101
ST CLOUD,MN56302 		27-0698641 501 (C) (3) 14,000       FOR PARTICIPATION IN HEALTHY ORGANIZATIONS PARTNERSHIP-STRENGTHENING COMMUNITIES INITIATIVE 10-MONTH STARTSTRONG ORGANIZATIONAL EFFECTIVENESS TRAINING.
(10) CENTRAL MN HOUSING PARTNERSHIP37 28TH AVE N STE 102
SAINT CLOUD,MN56303 		41-1752558 501 (C) (3) 7,000       IMPLEMENTATION OF GOALS IN THREE OR MORE AREAS TO BUILD THE ORGANIZATIONS CAPACITY TO MEET ITS MISSION AND INCREASE ITS SUSTAINABILITY.
(11) CITY OF BRAHAM201 S BROADWAY PO BOX 521
BRAHAM,MN55006 		41-6004998 GOVERNMENT ENTITY 8,900       TO IMPROVE LOCAL PARKS, DEVELOP ACTIVE RECREATION FACILITIES AND TO CREATE AND IMPLEMENT A FUNDRAISING PLAN TO COMPLETE A COMMUNITY CENTER.
(12) CITY OF BRAINERD501 LAUREL STREET
BRAINERD,MN56401 		41-6005001 GOVERNMENT ENTITY 10,000       TO BRING THE COMMUNITY OF BRAINERD TOGETHER TO CREATE A COMMON VISION FOR THE FUTURE, CREATE A PLAN FOR GETTING THERE AND TO BEGIN THE IMPLEMENTATION OF THAT PLAN OVER THE NEXT 18 MONTHS.
(13) CITY OF EDEN VALLEYPO BOX 25
EDEN VALLEY,MN55329 		41-6005116 GOVERNMENT ENTITY 10,000       TO BRING THE COMMUNITY OF EDEN VALLEY TOGETHER TO CREATE A COMMON VISION FOR THE FUTURE, A PLAN FOR GETTING THERE AND TO BEGIN THE IMPLEMENTATION OF THAT PLAN OVER THE NEXT 18 MONTHS.
(14) CITY OF HOLDINGFORD420 MAIN ST PO BOX 69
HOLDINGFORD,MN56340 		41-6005241 GOVERNMENT ENTITY 9,000       TO IMPROVE THE DOWNTOWN, ENHANCE COMMUNITY GREENSPACE AROUND THE LAKE WOBEGON TRAIL, AND TO DESIGN AND RAISE FUNDS FOR THE RENOVATION OF A HISTORIC BUILDING THAT WILL BE USED AS A LOCAL MUSEUM.
(15) CITY OF MONTROSE311 BUFFALO AVE S PO BOX 25
MONTROSE,MN55363 		41-6008067 GOVERNMENT ENTITY 10,000       TO IMPROVE AND DEVELOP HIGHWAY 12 AS IT PASSES THROUGH MONTROSE AND TO RECRUIT NEW BUSINESSES TO LOCATE IN THE MONTROSE AREA.
(16) CITY OF ONAMIAPO BOX 186
ONAMIA,MN56359 		41-6225437 GOVERNMENT ENTITY 8,000       TO ESTABLISH A COMMUNITY GARDEN, EXPLORE THE FEASIBILITY OF A FARMERS CO-OP, ENHANCE THE PHYSICAL APPEARANCE OF THE CITY AND COMPLETE A NEW COMPREHENSIVE PLAN.
(17) CITY OF ROYALTON12 N BIRCH ST
ROYALTON,MN56373 		41-0982451 GOVERNMENT ENTITY 10,000       TO CONTINUE THE IMPLEMENTATION OF THE SPLASH PARK PRJOECT, HIGHWAY 10 IMPROVEMENTS AND BUSINESS DEVELOPMENT.
(18) CITY OF ST CLOUD400 2ND ST SOUTH
ST CLOUD,MN56301 		41-6005515 GOVERNMENT ENTITY 10,000       TO ESTABLISH AN URBAN AREA RIVER CORRIDOR PLAN THAT WILL HELP THREE CITIES AND THREE COUNTIES COORDINATE EFFORTS TO BALANCE NATURAL RESOURCE PROTECTION WITH RIVERFRONT DEVELOPMENT ON THE MISSISSIPPI RIVER.
(19) CITY OF WADENA222 2ND ST SE PO BOX 30
WADENA,MN56482 		41-6005605 GOVERNMENT ENTITY 10,000       TO BRING THE COMMUNITY OF WADENA TOGETHER TO CREATE A COMMON VISION FOR THE FUTURE AFTER A TORNADO, CREATE A PLAN FOR GETTING THERE WITH THE MINNESOTA DESIGN TEAM AND TO BEGIN THE IMPLEMENTATION OF THAT PLAN OVER THE NEXT 12 MONTHS.
(20) COMMUNITY AID OF ELK RIVER (CAER)19279 WATSON ST
ELK RIVER,MN55330 		41-1415484 501 (C) (3) 14,000       LEADERSHIP TEAM TRAINING, STRATEGIC PLANNING AND IMPLEMENTATION OF GOALS IN THREE OR MORE AREAS TO BUILD THE ORGANIZATION'S CAPACITY TO MEET ITS MISSION AND INCREASE ITS SUSTAINABILITY.
(21) CROW WING COUNTY326 LAUREL STREET
BRAINERD,MN56401 		41-6005785 GOVERNMENT ENTITY 10,000       TO ASSIST LAKE ASSOCIATIONS TO UPDATE THEIR KNOWLEDGE AND UNDERSTANDING OF LONG-TERM WATER QUALITY TRENDS AND USE THIS INFORMATION TO PRIORITIZE PROJECTS INTENDED TO PROTECT OR RESTORE THE LAKES OF CROW WING COUNTY.
(22) CURA CENTER INC DBA NEW BEGINNINGS40 N 25TH AVE
ST CLOUD,MN56303 		36-3208335 501 (C) (3) 7,500       TO IMPLEMENT GOALS IN THREE OR MORE AREAS TO BUILD THE ORGANIZATION'S CAPACITY TO MEET ITS MISSION AND INCREASE ITS SUSTAINABILITY.
(23) DRIVE OUT HUNGER INC15601 NUTRIA ST NW
RAMSEY,MN55303 		01-0943668 501 (C) (3) 12,400       FOR PARTICIPATION IN HEALTHY ORGANIZATIONS PARTNERSHIP-STRENGTHENING COMMUNITIES INITIATIVE 10-MONTH STARTSTRONG ORGANIZATIONAL EFFECTIVENESS TRAINING.
(24) ELK RIVER SCHOOL DISTRICT815 HIGHWAY 10
ELK RIVER,MN55330 		41-6003818 GOVERNMENT ENTITY 15,000       TO SUPPORT A VARIETY OF LOCAL ACTIVITIES AND INITIATIVES SUPPORTING THE QUALITY CARE AND EDUCATION OF YOUNG CHILDREN AND THEIR FAMILIES THROUGH THE ELK RIVER AREA EARLY CHILDHOOD COALITION.
(25) GREAT RIVER AREA FAITH IN ACTION13074 EDGEWOOD ST
BECKER,MN55308 		20-2223330 501 (C) (3) 11,000       TO SUPPORT ASSESSMENT, ANALYSIS AND ENHANCEMENT OF INTERNAL AND EXTERNAL COMMUNICATIONS STRATEGIES.
(26) GREAT RIVER AREA FAITH IN ACTION13074 EDGEWOOD ST
BECKER,MN55308 		20-2223330 501 (C) (3) 7,500       IMPLEMENTATION OF GOALS IN THREE OR MORE AREAS TO BUILD THE ORGANIZATION'S CAPACITY TO MEET ITS MISSION AND INCREASE ITS SUSTAINABILITY.
(27) HANDS OF HOPE RESOURCE CENTER107 SE 2ND ST STE 204 PO BOX 67
LITTLE FALLS,MN56345 		41-1740880 501 (C) (3) 5,100       IMPLEMENTATION OF GOALS IN THREE OR MORE AREAS TO BUILD THE ORGANIZATION'S CAPACITY TO MEET ITS MISSION AND INCREASE ITS SUSTAINABILITY.
(28) HELPING HANDS OUTREACH TO ELDERS INC511 S MAIN STREET PO BOX 293
HOLDINGFORD,MN56340 		01-0697213 501 (C) (3) 7,500       TO IMPLEMENT GOALS IN THREE OR MORE AREAS TO BUILD THE ORGANIZATION'S CAPACITY TO MEET ITS MISSION AND INCREASE ITS SUSTAINABILITY.
(29) JUNIOR ACHIEVEMENT OF THE ST CLOUD AREA3515 3RD ST N PO BOX 808
ST CLOUD,MN56302 		41-1424988 501 (C) (3) 7,000       IMPLEMENTATION OF GOALS IN THREE OR MORE AREAS TO BUILD THE ORGANIZATION'S CAPACITY TO MEET ITS MISSION AND INCREASE ITS SUSTAINABILITY.
(30) KETTLE KINSHIPPO BOX 695
SANDSTONE,MN55072 		75-3081351 501 (C) (3) 14,000       LEADERSHIP TEAM TRAINING, STRATEGIC PLANNING AND IMPLEMENTATION OF GOALS IN THREE OR MORE AREAS TO BUILD THE ORGANIZATION'S CAPACITY TO MEET ITS MISSION AND INCREASE ITS SUSTAINABILITY.
(31) KINSHIP OF TODD-WADENA COUNTIES425 4TH ST NE PO BOX 281
STAPLES,MN56479 		41-1879019 501 (C) (3) 13,500       FOR PARTICIPATION IN HEALTHY ORGANIZATIONS PARTNERSHIP-STRENGTHENING COMMUNITIES INITIATIVE 10-MONTH STARTSTRONG ORGANIZATIONAL EFFECTIVENESS TRAINING.
(32) LAKES AREA HABITAT FOR HUMANITY11575 CTY RD 45 PO BOX 234
BRAINERD,MN56401 		41-1659149 501 (C) (3) 10,000       IMPLEMENTATION OF GOALS IN THREE OR MORE AREAS TO BUILD THE ORGANIZATION'S CAPACITY TO MEET ITS MISSION AND INCREASE ITS SUSTAINABILITY.
(33) LEAP INC CO LAKEWOOD HEALTH SYSTEM49725 CO RD 83
STAPLES,MN56479 		31-1740634 501 (C) (3) 7,500       TO REVITALIZE DOWNTOWN STAPLES BOTH IN APPEARANCE AND BUSINESS ACTIVITY THROUGH A PARTNERSHIP WITH THE CHAMBER OF COMMERCE, THE CITY, AND LOCAL BUSINESS OWNERS.
(34) LEECH LAKE AREA WATERSHED FOUNDATIONPO BOX 455
HACKENSACK,MN56452 		41-1887906 501 (C) (3) 10,000       NO PUBLIC RELEASES
(35) MARY OF LOURDES SCHOOL205 3RD ST NW
LITTLE FALLS,MN56345 		41-1748348 501 (C) (3) 10,000       TO SUPPORT A VARIETY OF ACTIVITIES AND INITIATIVES SUPPORTING THE QUALITY CARE AND EDUCATION OF YOUNG CHILDREN AND THEIR FAMILIES THROUGH THE LITTLE FALLS AREA EARLY CHILDHOOD COALITION.
(36) MIDWEST OROMO COMMUNITIES INC22 WILSON AVE N STE A
ST CLOUD,MN56302 		26-4489737 501 (C) (3) 12,350       FOR PARTICIPATION IN HEALTHY ORGANIZATIONS PARTNERSHIP-STRENGTHENING COMMUNITIES INITIATIVE 10-MONTH STARTSTRONG ORGANIZATIONAL EFFECTIVENESS TRAINING.
(37) MILLE LACS HEALTH SYSTEM200 ELM ST N PO BOX A
ONAMIA,MN563590800 		41-0785161 501 (C) (3) 10,000       TO SUPPORT A VARIETY OF LOCAL ACTIVITIES AND INITIATIVES SUPPORTING THE QUALITY CARE AND EDUCATION OF YOUNG CHILDREN AND THEIR FAMILIES THROUGH THE ONAMIA AREA EARLY CHILDHOOD COALITION.
(38) MINNESOTA ASSOCIATION FOR VOLUNTEER ADMINISTRATION1800 WHITE BEAR AVE N
MAPLEWOOD,MN55109 		41-1463366 501 (C) (3) 7,000       IMPLEMENTATION OF GOALS IN THREE OR MORE AREAS TO BUILD THE ORGANIZATION'S CAPACITY TO MEET ITS MISSION AND INCREASE ITS SUSTAINABILITY.
(39) MINNESOTA STATE VETERANS CEMETERY15550 HWY 115
LITTLE FALLS,MN56345 		41-1679519 501 (C) (3) 35,000       TO SUPPORT THE VETERANS ART PROJECT
(40) OTTER TAIL-WADENA COMMUNITY ACTION COUNCIL109 SOUTH WALKER AVE
NEW YORK MILLS,MN56567 		41-0887373 501 (C) (3) 75,000       TO SUPPORT THE WORK OF THE LONG TERM RELIEF COMMITTEE, WITH COORDINATED CHARITABLE EFFORTS FOR HOUSEHOLDS IMPACTED BY THE JUNE 17TH TORNADO. THESE FUNDS WERE ALLOCATED FROM THE WADENA TORNADO RELIEF FUND WHICH RECEIVES DONATIONS AT WWW.GIVEMN.COM AS WELL AS FROM AREA CHURCHES, INDIVIDUALS, AND OTHER GENEROUS ORGANIZATIONS.
(41) PEARL CRISIS CENTER210 2ND AVE SW STE 104 PO BOX 42
MILACA,MN56353 		41-1706195 501 (C) (3) 7,000       IMPLEMENTATION OF GOALS IN THREE OR MORE AREAS TO BUILD THE ORGANIATION'S CAPACITY TO MEET ITS MISSION AND INCREASE ITS SUSTAINABILITY.
(42) PILLAGER FAMILY COUNCIL305 FIR AVENUE W
PILLAGER,MN56473 		41-1811057 501 (C) (3) 14,000       LEADERSHIP TEAM TRAINING, STRATEGIC PLANNING AND IMPLEMENTATION OF GOALS IN THREE OR MORE AREAS TO BUILD THE ORGANIZATION'S CAPACITY TO MEET ITS MISSION AND INCREASE ITS SUSTAINABILITY.
(43) PINE CITY LIBRARY FOUNDATION300 5TH ST SE MUNICIPAL BUILDING
PINE CITY,MN55063 		20-1800945 501 (C) (3) 6,000       TO PROVIDE SUPPORT FOR THE PURCHASE OF COMPUTERS AND WORK STATIONS.
(44) PINE EMS INC16749 PAR CIRCLE SW
PINE CITY,MN55063 		27-0623362 501 (C) (3) 6,000       TO PROVIDE SUPPORT FOR THE PURCHASE OF EQUIPMENT FOR FIRST RESPONSE TEAM.
(45) PINE RIVER-BACKUS FAMILY CENTER245 BARCLAY AVENUE PO BOX 1
PINE RIVER,MN564740001 		41-1851010 501 (C) (3) 7,500       TO IMPLEMENT GOALS IN THREE OR MORE AREAS TO BUILD THE ORGANIZATION'S CAPACITY TO MEET ITS MISSION AND INCREASE ITS SUSTAINABILITY.
(46) PINE RIVER-BACKUS SCHOOL DISTRICTPO BOX 610 601 MURRAY AVE
PINE RIVER,MN56474 		41-6008079 GOVERNMENT ENTITY 15,000       TO SUPPORT A VARIETY OF LOCAL ACTIVITIES AND INITIATIVES SURROUNDING THE QUALITY CARE AND EDUCATION OF YOUNG CHILDREN AND THEIR FAMILIES THROUGH THE PINE RIVER-BACKUS EARLY CHILDHOOD COALITION.
(47) PREGNANCY RESOURCE CENTER OF CAMBRIDGE140 BUCHANAN STREET N SUITE 138
CAMBRIDGE,MN55008 		41-1757917 501 (C) (3) 7,500       IMPLEMENTATION OF GOALS IN THREE OR MORE AREAS TO BUILD THE ORGANIZATION'S CAPACITY TO MEET ITS MISSION AND INCREASE ITS SUSTAINABILITY.
(48) RED LAKE BAND OF CHIPPEWA INDIANSPO BOX 588
RED LAKE,MN56671 		41-0692381 GOVERNMENT ENTITY 5,000       TO GUIDE STRATEGIES FOR CREATING AND RETAINING MORE BUSINESSES AND EMPLOYMENT OPPORTUNITIES ON THE LEECH LAKE, RED LAKE AND WHITE EARTH BAND RESERVATIONS.
(49) REGION FIVE DEVELOPMENT COMMISSION403 PRAIRIE AVE NE SUITE 100
STAPLES,MN56479 		36-2458720 501 (C) (3) 15,000       TO HELP COMMUNITIES IN THE GULL LAKE WATERSHED PROTECT NATURAL RESOURCES BY COORDINATING PLANNING AND ZONING ACROSS CITY/TOWNSHIP BOUNDARIES AND IDENTIFYING OPPORTUNITIES TO SHARE COSTS AND REDUCE BUREAUCRACY. THIS GRANT IS MADE POSSIBLE BY SUPPORT FROM THE U.S. DEPARTMENT OF AGRICULTURE - RURAL DEVELOPMENT.
(50) REGION FIVE DEVELOPMENT COMMISSION403 PRAIRIE AVE NE SUITE 100
STAPLES,MN56479 		36-2458720 501 (C) (3) 15,000       PROVIDE SUPPORT TO ESTABLISH A MICROLENDING PROGRAM IN CENTRAL MINNESOTA.
(51) RIVERS OF HOPEPO BOX 511
MONTICELLO,MN55362 		41-1670536 501 (C) (3) 7,500       IMPLEMENTATION OF GOALS IN THREE OR MORE AREAS TO BUILD TEH ORGANIZATION'S CAPACITY TO MEET ITS MISSION AND INCREASE ITS SUSTAINABILITY.
(52) RIVERWORKS COMMUNITY DEVELOPMENT ORGANIZATION8230 CEDAR ST
ROCKFORD,MN55373 		26-4143579 501 (C) (3) 14,000       LEADERSHIP TEAM TRAINING, STRATEGIC PLANNING AND IMPLEMENTATION OF GOALS IN THREE OR MORE AREAS TO BUILD THE ORGANIZATION'S CAPACITY TO MEET ITS MISSION AND INCREASE ITS SUSTAINABILITY.
(53) ROOSEVELT AND LAWRENCE AREA LAKES ASSOCIATION1407 WACHTLER AVE
MENDOTA HEIGHTS,MN55118 		41-1791589 501 (C) (3) 5,000       TO PRESERVE WATER QUALITY THROUGH IDENTIFICATION OF PROBLEM WASTEWATER TREATMENT SYSTEMS, PROVIDE EDUCATION ON AQUATIC INVASIVE PLANT SPECIES, AND ENCOURAGE SHORELAND RESTORATION WITH NATIVE PLANTS.
(54) RUM RIVER HEALTH SERVICES INC101 18TH AVE N
PRINCETON,MN55371 		36-3526744 501 (C) (3) 7,500       IMPLEMENTATION OF GOALS IN THREE OR MORE AREAS TO BUILD THE ORGANIZATION'S CAPACITY TO MEET ITS MISSION AND INCREASE ITS SUSTAINABILITY.
(55) RURAL RENEWABLE ENERGY ALLIANCE2330 DANCING WIND RD SW SUITE 2
PINE RIVER,MN56474 		41-1999030 501 (C) (3) 10,000       TO FULFILL A CHALLENGE GRANT WHICH MATCHED DONATIONS RECEIVED AT GIVEMN.ORG DURING THE MONTHS OF FEBRUARY AND MARCH, 2010. RREAL WILL USE THESE FUNDS TO PROVIDE SOLAR ENERGY TO FOUR LOW-INCOME HOUSEHOLDS WITHIN THE REGION.
(56) RURAL RENEWABLE ENERGY ALLIANCE2330 DANCING WIND RD SW SUITE 2
PINE RIVER,MN56474 		41-1999030 501 (C) (3) 7,500       TO IMPLEMENT GOALS IN THREE OR MORE AREAS TO BUILD THE ORGANIZATION'S CAPACITY TO MEET ITS MISSION AND INCREASE ITS SUSTAINABILITY.
(57) SALEM LUTHERAN CHURCH21276 ARCHIBALD ROAD PO BOX 100
DEERWOOD,MN564440100 		41-1463989 501 (C) (3) 14,000       LEADERSHIP TEAM TRAINING, STRATEGIC PLANNING AND IMPLEMENTATION OF GOALS IN THREE OR MORE AREAS TO BUILD THE ORGANIZATION'S CAPACITY TO MEET ITS MISSION AND INCREASE ITS SUSTAINABILITY.
(58) SHERBURNE COUNTY AREA UNITED WAY231 MAIN ST NW STE B PO BOX 36
ELK RIVER,MN553300036 		23-7057093 501 (C) (3) 7,500       IMPLEMENTATION OF GOALS IN THREE OR MORE AREAS TO BUILD THE ORGANIZATION'S CAPACITY TO MEET ITS MISSION AND INCREASE ITS SUSTAINABILITY.
(59) ST CLOUD STATE UNIVERSITY720 4TH AVE S
ST CLOUD,MN563014498 		41-1687554 GOVERNMENT ENTITY 20,000       TO INCREASE THE QUALITY AND QUANTITY OF SERVICES FOR FAMILIES WITH YOUNG CHILDREN BY SUPPORTING A VARIETY OF PROJECTS AND ORGANIZATIONS IN THE COMMUNITY.
(60) ST CLOUD STATE UNIVERSITY720 4TH AVE S
ST CLOUD,MN563014498 		41-1687554 GOVERNMENT ENTITY 7,000       IMPLEMENTATION OF GOALS IN THREE OR MORE AREAS TO BUILD THE ORGANIZATION'S CAPACITY TO MEET ITS MISSION AND INCREASE ITS SUSTAINABILITY.
(61) ST CLOUD STATE UNIVERSITY720 4TH AVE S
ST CLOUD,MN563014498 		41-1687554 GOVERNMENT ENTITY 20,000       TO SUPPORT THE ONGOING EFFORTS OF THE GREATER ST. CLOUD AREA THRIVE TEAM TO INCREASE THE QUALITY AND QUANTITY OF MENTAL HEALTH SUPPORT AND SERVICES FOR YOUNG CHILDREN AGES 0 - 5 AND THEIR FAMILIES.
(62) ST CLOUD STATE UNIVERSITY FOUNDATIONATWOOD 139 720 4TH AVE S
ST CLOUD,MN56301 		41-6019040 501 (C) (3) 11,000       TO SUPPORT A REGIONAL ECONOMIC DEVELOPMENT CONFERENCE.
(63) ST CLOUD STATE UNIVERSITY SBDC355 5TH AVE S
ST CLOUD,MN56301 		41-1687554 GOVERNMENT ENTITY 10,000       TO PROVIDE ONGOING SUPPORT FOR A SMALL BUSINESS DEVELOPMENT OUTREACH CENTER IN SAUK CENTRE AND ELK RIVER.
(64) STAPLES MOTLEY SCHOOL DISTRICT202 PLEASANT AVE NE
STAPLES,MN56479 		41-1776469 GOVERNMENT ENTITY 10,000       TO SUPPORT A VARIETY OF LOCAL ACTIVITIES AND INITIATIVES SURROUNDING THE QUALITY CARE AND EDUCATION OF YOUNG CHILDREN AND THEIR FAMILIES THROUGH THE STAPLES-MOTLEY EARLY CHILDHOOD COALITION.
(65) STEARNS COUNTY SOIL AND WATER CONSERVATION DISTRICT110 SECOND STREET SOUTH STE 128
WAITE PARK,MN56387 		41-0966601 GOVERNMENT ENTITY 20,000       TO DEVELOP LAKE MANAGEMENT PLANS FOR EIGHT LAKE ASSOCIATIONS THROUGH THE FOUNDATION'S HEALTHY LAKES AND RIVERS PARTNERSHIP PROGRAM. THE EIGHT GROUPS CHOSEN REPRESENT BIG FISH, PELICAN OF ST. ANNA, RICE & KORONIS, LONG & CROOKED, PEARL, NORTH ALBANY, PIERZ, AND TWO RIVERS LAKES.
(66) STEARNS-BENTON EMPLOYMENT & TRAINING COUNCILMN WORKFORCE CENTER - ST CLOUD 1542
NORTHWAY DR
ST CLOUD,MN56303 		41-1724832 GOVERNMENT ENTITY 50,000       TO ALLOW THE THREE WORKFORCE CENTERS SERVING CENTRAL MINNESOTA TO CERTIFY SKILL LEVELS OF THE AVAILABLE WORKFORCE SO THAT BOTH EMPLOYERS AND JOB SEEKERS HAVE A TOOL TO ASSIST THEM IN MAKING EMPLOYMENT MATCH AND INVESTMENT DECISIONS.
(67) STEARNS-BENTON EMPLOYMENT & TRAINING COUNCILMN WORKFORCE CENTER - ST CLOUD 1542
NORTHWAY DR
ST CLOUD,MN56303 		41-1724832 GOVERNMENT ENTITY 20,000       TO DEVELOP MARKETING TOOLS THAT CAN BE USED REGIONALLY TO INFORM EMPLOYERS AND JOB SEEKERS AND BENEFITS AND VALUE OF THE NATIONAL CAREER READINESS CERTIFICATE FOR HELPING MATCH SKILL SETS AND WORKPLACE NEEDS.
(68) STIMULATING ECONOMIC PROGRESS114 JEFFERSON ST S
WADENA,MN56482 		26-1652595 501 (C) (3) 11,400       FOR PARTICIPATION IN HEALTHY ORGANIZATIONS PARTNERSHIP - STRENGTHENING COMMUNITIES INITIATIVE 10-MONTH STARTSTRONG ORGANIZATIONAL EFFECTIVENESS TRAINING.
(69) SUSTAINABLE FARMING ASSOCIATION OF MINNESOTAPO BOX 192
PRINCETON,MN55371 		41-1671893 501 (C) (3) 7,500       IMPLEMENTATION OF GOALS IN THREE OR MORE AREAS TO BUILD THE ORGANIZATION'S CAPACITY TO MEET ITS MISSION AND INCREASE ITS SUSTAINABILITY.
(70) TODD COUNTY221 FIRST AVE S SUITE 200
LONG PRAIRIE,MN56347 		41-6005908 GOVERNMENT ENTITY 10,000       TO BRING THE CITIZENS OF TODD COUNTY TOGETHER TO CREATE A COMMON VISION FOR A FUTURE THT WILL BE IMPACTED BY AN AGING POPULATION, A PLAN FOR GETTING THERE AND TO BEGIN THE IMPLEMENTATION OF THAT PLAN.
(71) UNIVERSITY OF MINNESOTA - DULUTHNATURAL RESOURCES RESEARCH
INSTITUTE 5013 MILLER TRUNK HIGHWAY
DULUTH,MN55811 		41-6007513 GOVERNMENT ENTITY 10,000       TO ADVANCE THE REGIONAL BIOFUELS MARKET BY ASSESSING THE TECHNICAL AND ECONOMIC ASPECTS OF COMBINED WOOD TORREFACTION AND DRYING.
(72) WADENA COUNTY SOCIAL SERVICES22 DAYTON AVE SE
WADENA,MN56482 		41-6005915 GOVERNMENT ENTITY 10,000       TO SUPPORT A VARIETY OF LOCAL ACTIVITIES AND INITIATIVES SURROUNDING THE QUALITY CARE AND EDUCATION OF YOUNG CHILDREN AND THEIR FAMILIES THROUGH THE WADENA COUNTY EARLY CHILDHOOD COALITION.
(73) YOUTH INVESTMENT FOUNDATIONPO BOX 316
MEDINA,MN55340 		23-7058853 501 (C) (3) 14,000       LEADERSHIP TEAM TRAINING, STRATEGIC PLANNING AND IMPLEMENTATION OF GOALS IN THREE OR MORE AREAS TO BUILD THE ORGANIZATION'S CAPACITY TO MEET ITS MISSION AND INCREASE ITS SUSTAINABILITY.
(74) YOUTH WELLNESS INITIATIVE OF CROW WING COUNTYPO BOX 346
CROSSLAKE,MN56442 		27-3417480 501 (C) (3) 15,000       FOR PARTICIPATION IN HEALTHY ORGANIZATIONS PARTNERSHIP - STRENGTHENING COMMUNITIES INITIATIVE 10-MONTH STARTSTRONG ORGANIZATIONAL EFFECTIVENESS TRAINING.
2
Enter total number of section 501(c)(3) and government organizations ......................... Bullet Image
68
3
Enter total number of other organizations ................................ . Bullet Image
 
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2010

Schedule I (Form 990) 2010
Page 2
Part III
Grants and Other Assistance to Individuals in the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 22.
Use Schedule I-1 (Form 990) if additional space is needed.
(a)Type of grant or assistance (b)Number of
recipients		 (c)Amount of
cash grant		 (d)Amount of
non-cash assistance		 (e)Method of valuation (book,
FMV, appraisal, other)		 (f)Description of non-cash assistance
(1) STIPENDS 45 241,472      
(2) SCHOLARSHIPS 41 50,336      











Part IV
Supplemental Information. Complete this part to provide the information required in Part I, line 2, and any other additional information.
Identifier Return Reference Explanation
PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: AS PART OF THE FINAL GRANT REPORT, THE GRANTEE SUBMITS A FINANCIAL REPORT WITH ITEMIZATION OF GRANT FUND EXPENDITURES AND ASSOCIATED DOCUMENTATION.
Schedule I (Form 990) 2010


Additional Data


Software ID:  
Software Version:  


Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet Complete if the organization answered "Yes" to Form 990,
Part IV, question 23.
SchJMediumBullet Attach to Form 990. SchJMediumBullet See separate instructions.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
INITIATIVE FOUNDATION
 
Employer identification number

36-3451562
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed in Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
b
If any of the boxes in line 1a are checked, did the organization follow a written policy regarding payment or reimbursement orprovision of all the expenses described above? If "No," complete Part III to explain....
1b
 
 
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
officers, directors, trustees, and the CEO/Executive Director, regarding the items checked in line 1a? ....
2
 
 
3
Indicate which, if any, of the following the organization uses to establish the compensation of the
organization's CEO/Executive Director. Check all that apply.
4
During the year, did any person listed in Form 990, Part VII, Section A, line 1a with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment? ...............
4a
 
No
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan? ........
4b
 
No
c
Participate in, or receive payment from, an equity-based compensation arrangement? ........
4c
 
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3) and 501(c)(4) organizations only must complete lines 5-9.
5
For persons listed in form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization? ...........................
5a
 
No
b
Any related organization? .........................
5b
 
No
If "Yes," to line 5a or 5b, describe in Part III.
6
For persons listed in form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization? ...........................
6a
 
No
b
Any related organization? .........................
6b
 
No
If "Yes," to line 6a or 6b, describe in Part III.
7
For persons listed in Form 990, Part VII, Section A, line 1a, did the organization provide any non-fixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............
7
 
No
8
Were any amounts reported in Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regs. section 53.4958-4(a)(3)? If "Yes," describe
in Part III .............................
8
 
No
9
If "Yes" to line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................
9
 
 
For Privacy Act and Paperwork Reduction Act Notice, see the Intructions for Form 990
Cat. No. 50053T
Schedule J (Form 990) 2010

Schedule J (Form 990) 2010
Page 2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use Schedule J-1 if additional space needed.
For each individual whose compensation must be reported in Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.

Note. The sum of columns (B)(i)-(iii) must equal the applicable column (D) or column (E) amounts on Form 990, Part VII, line 1a.
(A) Name (B) Breakdown of W-2 and/or 1099-MISC compensation (C) Retirement and other deferred compensation (D) Nontaxable
benefits		 (E) Total of columns
(B)(i)-(D) 		(F) Compensation
reported in prior
Form 990 or
Form 990-EZ
(i) Base compensation (ii) Bonus & incentive compensation (iii) Other reportable compensation
(1) KATHY S GAALSWYK (i)
(ii)		 141,096
0 		0
0 		5,585
0 		7,056
0 		9,048
0 		162,785
0 		0
0















Schedule J (Form 990) 2010

Schedule J (Form 990) 2010
Page 3
Part III
Supplemental Information
Complete this part to provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 4c, 5a, 5b, 6a, 6b, 7, and 8. Also complete this part for any additional information.
Identifier Return Reference Explanation
Schedule J (Form 990) 2010

Additional Data


Software ID:  
Software Version:  
SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
OMB No. 1545-0047
2010
Open to Public
Inspection
Name of the organization
INITIATIVE FOUNDATION
 
Employer identification number

36-3451562
Identifier Return Reference Explanation
FORM 990, PART VI, SECTION A, LINE 3   THE LOAN COMMITTEE CARRIES OUT THE POLICIES APPROVED BY THE BOARD OF TRUSTEES. THE COMMITTEE APPROVES APPLICATIONS UP TO CERTAIN DOLLAR AMOUNTS FOR VARIOUS LOANS. IT ALSO REVIEWS MONTHLY AND QUARTERLY STATUS REPORTS ON LOANS, INCLUDING REVIEW OF DELINQUENT LOANS, PROVIDES INPUT ON CHARGE-OFFS AND OTHER ADVERSE ACTION WHICH MAY BE NECESSARY, AND PARTICIPATES IN EVALUATION ACTIVITIES OF THE FUND. THE LOAN COMMITTEE CONSISTS OF AT LEAST FIVE AND GENERALLY NO MORE THAN ELEVEN MEMBERS, WITH APPROXIMATELY HALF OF THE MEMBERS SERVING ON THE BOARD OF TRUSTEES. THE BOARD OF TRUSTEES APPOINTS MEMBERS ANNUALLY. THE EXECUTIVE LOAN SUB-COMMITTEE APPROVES OR DENIES ANY LOAN APPLICATIONS THAT WERE TABLED FOR MORE INFORMATION AT A PRIOR LOAN COMMITTEE MEETING. THE SUB-COMMITTEE CONSISTS OF THREE LOAN COMMITTEE MEMBERS, INCLUDING THE CHAIR, VICE-CHAIR, AND ONE OTHER MEMBER APPOINTED BY THE CHAIR UNLESS OTHER ARRANGEMENT WERE APPROVED BY THE LOAN COMMITTEE. BUSINESS FINANCE COMMITTEE - THIS COMMITTEE IS COMPOSED OF UP TO ELEVEN INDIVIDUALS (APPROX. 1/2 FROM THE BOARD). IT MEETS AS NEEDED TO OVERSEE THE BUSINESS FINANCING PORTFOLIO AND TO REVIEW AND APPROVE BUSINESS LOAN AND INVESTMENT APPLICATIONS OVER $50,000.
FORM 990, PART VI, SECTION B, LINE 11   UPON RECEIPT, AND PRIOR TO FILING FORM 990, IT IS REVIEWED BY THE PRESIDENT AND THE VICE PRESIDENT FOR FINANCE AND OPERATIONS. DATA IS COMPARED TO BOTH INTERNAL AND AUDITED FINANCIAL STATEMENTS. FORM 990 IS MADE AVAILABLE TO OFFICERS AND BOARD MEMBERS AT ALL TIMES UPON REQUEST.
  FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE BOARD OR COMMITTEES WILL NOT PARTICIPATE IN DISCUSSING OR VOTING UPON ANY PROPOSAL OR BUSINESS AGREEMENT IN WHICH THEY HAVE A DIRECT OR INDIRECT PERSONAL OR FINANCIAL INTEREST WITHOUT INFORMING THE BOARD OR COMMITTE OF A POTENTIAL CONFLICT AS SOON AS IT BECOMES APPARENT. STAFF WILL NOT PROMOTE PROPOSALS OR INITIATE BUSINESS AGREEMENTS THAT WOULD FINANCIALLY BENEFIT THEM OR MEMBERS OF THEIR FAMILY WITHOUT INFORMING THE PRESIDENT. THE BOARD WILL BE NOTIFIED IF THE PRESIDENT HAS A POTENTIAL CONFLICT. IF THE CONFLICT IS DETERMINED TO EXIST, OPTIONS TO BE EMPLOYED, AT THE DISCRETION OF THE CHAIR AND/OR PRESIDENT WOULD INCLUDE, BUT NOT LIMITED TO: 1) THE BOARD MEMBER, COMMITTEE MEMBER OR STAFF MEMBER WOULD NOT BE PERMITTED INPUT ON THE DECISION, 2) THE MEMBER IN QUESTION MAY RESPOND TO SPECIFIC INQUIRIES REGARDING THE DECISION, BUT NOT PARTICIPATE IN MAKING THE DECISION, 3) THE MEMBER IN QUESTION SHALL LEAVE THE ROOM WHILE THE ITEM IS UNDER DISCUSSION. BOARD/COMMITTEE/STAFF MEMBERS COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM AT THE BEGINNING OF EACH CALENDAR YEAR OR UPON APPOINTMENT.
  FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF ORGANIZATION'S PRESIDENT: THE GOVERNANCE COMMITTEE OF THE BOARD IS CHARGED WITH COORDINATING THE PRESIDENT'S ANNUAL REVIEW AND PREPARING RECOMMENDATIONS FOR THE FULL BOARD OF TRUSTEES ON ANY ADJUSTMENTS TO COMPENSATION. THE PROCESS INCLUDES REVIEW OF A WRITTEN REPORT PREPARED BY THE PRESIDENT ON HIS/HER ACCOMPLISHMENTS TOWARDS ACHIEVING THE ANNUAL GOALS OF THE PRIOR CALENDAR YEAR; CONDUCTING CONFIDENTIAL INFORMAL INTERVIEWS WITH ALL TRUSTEES, SELECTED STAFF AND KEY CONSTITUENTS WHOM THE COMMITTEE IDENTIFIES (AT LEAST EVERY THIRD YEAR); AND GATHERING GENERAL OBSERVATIONS FROM THE FULL BOARD OF TRUSTEES ON AN ONGOING BASIS. THE GOVERNANCE COMMITTEE REVIEWS EXECUTIVE COMPENSATION DATA FROM THE OTHER MINNESOTA INITIATIVE FOUNDATIONS, MINNESOTA COMMUNITY FOUNDATIONS AND THE NATIONAL COUNCIL OF FOUNDATIONS AND PREPARES A CONFIDENTIAL REPORT FOR THE BOARD SUMMARIZING THE PERFORMANCE AND PRESENTING RECOMMENDATIONS ON COMPENSATION. THE BOARD REVIEWS AND TAKES ACTION ON THE REPORT AND RECOMMENDATIONS AFTER WHICH TIME THE BOARD CHAIR PROVIDES WRITTEN DOCUMENATION RELATED TO CHANGES IN COMPENSATION. THIS REVIEW WAS LAST PERFORMED IN JANUARY 2010. COMPENSATION OF ORGANIZATION'S OFFICERS: POSITIONS ARE GROUPED IN LIKE CLASSIFICATIONS. SALARY RANGES ARE ESTABLISHED BASED ON MARKET, MINNESOTA INITIATIVE FOUNDATIONS, AND MINNESOTA COMMUNITY FOUNDATIONS SURVEYS. COMPENSATION IS DETERMINED BY A NUMBER OF FACTORS INCLUDING EDUCATION, PRIOR EXPERIENCE, LONGEVITY, NUMBER OF DIRECT REPORTS, AND RISK ASSOCIATED WITH THE TYPE OF WORK PERFORMED. THE PRESIDENT CONDUCTS ANNUAL PERFORMANCE REVIEWS AND SETS COMPENSATION LEVELS.
  FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS ARE MADE AVAILABLE WITHIN THE ANNUAL REPORT OR UPON REQUEST.
CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 3,381,049.
LEADERSHIP AND COMMUNITY DEVELOPMENT FORM 990, PART III, LINE 4A EARLY CHILDHOOD INITIATIVE HIGHLIGHTS: SIXTEEN EARLY CHILDHOOD COALITIONS CURRENTLY EXIST WITHIN THE FOURTEEN COUNTY REGION. A LARGE NUMBER OF COMMUNITIES ARE FACING SIGNIFICANT ECONOMIC CHALLENGES WITH HIGHER THAN AVERAGE NUMBERS OF CHILDREN AND FAMILIES LIVING IN POVERTY IN CASS AND WADENA COUNTIES, AND SOME OF THE STATE'S HIGHEST HOME FORECLOSURE RATES IN SHERBURNE AND WRIGHT COUNTIES. IN ADDITION, THE AVERAGE UNEMPLOYMENT RATE IN CROW WING COUNTY IS 9.8% COMPARED TO THE STATE AVERAGE OF 6.9%. EACH TEAM HAS PARTICIPATED IN COALITION-BUILDING, LEADERSHIP AND STRATEGIC PLANNING TRAINING AND DEVELOPED AN ACTION PLAN TO INCREASE THE QUALITY OF EARLY CARE AND EDUCATION IN THEIR RESPECTIVE AREAS. EACH HAS A HIGHLY COMMITTED TEAM MADE UP OF PARENTS, BUSINESS LEADERS, EDUCATORS, ELECTED OFFICIALS AND HEALTH CARE PROVIDERS. THE MINNESOTA THRIVE INITIATIVE, WHICH FOCUSES ON EARLY CHILDHOOD MENTAL HEALTH ISSUES, HAS RECEIVED A BLUE CROSS AND BLUE SHIELD OF MINNESOTA FOUNDATION PLANNING GRANT TO IMPROVE ACCESS TO EARLY INTERVENTION SERVICES FOR IMMIGRANT AND REFUGEE POPULATIONS. REPRESENTATIVES FROM A VARIETY OF EARLY INTERVENTION, EDUCATION, AND HEALTH ORGANIZATIONS AND PROGRAMS, ALONG WITH LOCAL CULTURAL LEADERS, ARE WORKING TO DEVELOP A PLAN THAT WILL BE IMPLEMENTED OVER THE NEXT THREE YEARS. OUR INSIDE-OUT CONNECTIONS (IOC) PROJECT TO SUPPORT CHILDREN OF INCARCERATED PARENTS IS EXPANDING THROUGHOUT THE REGION AND STATE. WE NOW HAVE EIGHT COUNTY-WIDE TEAMS DEVELOPING PLANS AND IMPLEMENTING PROJECTS TO SUPPORT THESE EXTREMELY VULNERABLE FAMILIES. PARTNERING WITH THE SECOND CHANCE COALITION, MINNESOTA FATHERS & FAMILIES NETWORK & THE MINNESOTA DEPARTMENT OF CORRECTIONS, THE FOUNDATION CONVENED A FORUM FOR EDUCATORS, PROVIDERS, ELECTED OFFICIALS AND THE GENERAL PUBLIC HIGHLIGHTING THE NEED TO BUILD COMMUNITY SUPPORT FOR CHILDREN OF INCARCERATED PARENTS AND THEIR FAMILIES. FUTURE PLANS INCLUDE A FOCUS ON "OUTSIDE" EVENTS AND RESOURCES THAT SUPPORT THE CAREGIVERS OF THESE CHILDREN, TWO REGIONAL GATHERINGS FOR COALITION MEMBERS TO SHARE RESOURCES, BEST PRACTICES & PLANS FOR SUSTAINABILITY AND PARTICIPATION IN A STATEWIDE COLLOQUIUM ON STRENGTHENING CHILDREN OF INCARCERATED PARENTS DIRECTED BY THE MN DEPARTMENT'S OF EDUCATION, CORRECTIONS & HUMAN SERVICES. HEALTHY COMMUNITIES PARTNERSHIP (HCP) HIGHLIGHTS: THE COMMUNITIES OF BALDWIN TOWNSHIP, BRAINERD, EDEN VALLEY AND LONG PRAIRIE WERE WELCOMED INTO THE HEALTHY COMMUNITIES PARTNERSHIP (HCP) TRAINING IN MARCH 2010. THESE FOUR HCP COMMUNITIES WERE PART OF THE BUSH FOUNDATION SUPPORTED PROJECT WHICH INCLUDED A PARTNERSHIP WITH MINNESOTA PUBLIC RADIO THAT EXPLORED HOW REPORTING CAN ENHANCE CIVIC ENGAGEMENT AND HELP COMMUNITY LEADERS MAKE INFORMED DECISIONS. THE PROGRAM CONTINUES TO SUPPORT FIFTEEN RURAL COMMUNITIES, AS WELL AS SEVEN ST. CLOUD NEIGHBORHOOD ASSOCIATIONS. THESE COMMUNITIES HAVE COMPLETED ALL TRAINING AND ARE IN THE PROJECT IMPLEMENTATION PHASE. STARTING IN 2012 WE WILL BE PILOTING A REDESIGNED PROGRAM, BASED ON THE HCP MODEL THAT WILL BE MORE FOCUSED ON ECONOMIC RECOVERY AND WILL MOVE COMMUNITIES TO ACTION MUCH QUICKER. HEALTHY ORGANIZATIONS PARTNERSHIP (HOP) HIGHLIGHTS: SINCE JULY 2001 A TOTAL OF 115 ORGANIZATIONS HAVE PARTICIPATED IN OUR SIGNATURE CAPACITY-BUILDING PROGRAM (HOP MULTIYEAR) OF LEADERSHIP TRAINING, STRATEGIC PLANNING AND IMPLEMENTATION, TECHNICAL ASSISTANCE, GRANT SUPPORT AND RESOURCE REFERRAL. SEVENTEEN ORGANIZATIONS AND 114 PEOPLE IN ROUNDS 14 THROUGH 16 RECEIVED ADDITIONAL CAPACITY BUILDING TRAINING ON THE TOPICS OF: GOVERNANCE, EFFECTIVE MEETINGS, OUTCOME-BASED GOAL SETTING, NONPROFIT FINANCIAL MANAGEMENT, BOARD ISSUES, MEDIA RELATIONS, STRATEGIC COMMUNICATIONS, DEVELOPING AND USING CASE STATEMENTS, PUBLIC POLICY BASICS, MANAGING VOLUNTEERS, AND NONPROFIT STANDARDS OF EXCELLENCE. IN LATE 2009 WE WERE AWARDED A $1 MILLION, TWO-YEAR GRANT FROM THE UNITED STATES DEPARTMENT OF HEALTH AND HUMAN SERVICES TO SUPPORT THE HOP PROGRAM. COMPREHENSIVE LIFE-STAGE-BASED PROGRAMS WERE DEVELOPED, WITH GRANTS TO BE AWARDED IN 2010-11. THIRTY-FIVE ORGANIZATIONS RECEIVED GRANT AWARDS, LEADERSHIP TRAINING, AND IN-DEPTH TECHNICAL ASSISTANCE SUPPORT IN 2010. OF THESE, NINE AWARDS WERE FOR EARLY-STAGE ORGANIZATIONS (HOP STARTSTRONG); SIX WERE FOR GROWING ORGANIZATIONS (HOP GROWSTRONG); AND TWENTY ORGANIZATIONS RECEIVED TARGETED (HOP STAYSTRONG) GRANTS TO IMPLEMENT GOALS IDENTIFIED IN PRIOR PLANNING. IN ADDITION, THROUGH THIS PROGRAM AND OTHER PARTNERSHIPS, WE PROVIDED 16 TOPIC-SPECIFIC WORKSHOPS THAT WERE OFFERED AT NO CHARGE AND ATTENDED BY 418 INDIVIDUALS. WE COMPLETED OUR CONTRACT WITH A COMPASSION CAPITAL FUND INTERMEDIARY GRANTEE, THROUGH WHICH WE HAD BEEN PROVIDING SERVICES AND TRAINING TO SMALLER COMMUNITY-BASED AND FAITH-BASED ORGANIZATIONS, AS WELL AS EMERGING AND/OR COLLABORATIVE ORGANIZATIONS IN OUR REGION. IN 2010, TEN EARLY-STAGE GRASSROOTS NONPROFITS ORGANIZATIONS COMPLETED THE SECOND ROUND OF THIS 10-MONTH INTENSIVE PROGRAM. WE ARE ALSO UNDER CONTRACT WITH ARTSLAB TO WORK WITH 16 ORGANIZATIONS (SEVEN IN NORTHWEST MINNESOTA AND NINE IN THE METROPOLITAN AREA) ON A COMBINATION OF WORKSHOPS, RETREATS, GRANTS, DISTANCE LEARNING AND TECHNICAL ASSISTANCE TO BUILD THE CAPACITY OF COMMUNITY-BASED ARTS ORGANIZATIONS. HEALTHY LAKES AND RIVERS PARTNERSHIP (HLRP) HIGHLIGHTS: SINCE JANUARY 2010 A TOTAL OF 180 INDIVIDUALS REPRESENTING 20 LAKE ASSOCIATIONS HAVE JOINED THE HEALTHY LAKES AND RIVERS PARTNERSHIP (HLRP) PROGRAM. THROUGH SPECIAL FUNDING FROM THE MCKNIGHT FOUNDATION, THE INITIATIVE FOUNDATION WAS ABLE TO PARTNER WITH MINNESOTA WATERS AND OFFER THIS PROGRAM TO TWO OF OUR SISTER MINNESOTA INITIATIVE FOUNDATIONS. WEST CENTRAL INITIATIVE AND THE NORTHWEST MINNESOTA FOUNDATION BOTH HOSTED THE PROGRAM DURING LATE WINTER/EARLY SPRING 2010. A SECOND HIGHLIGHT OF THE YEAR WAS THE ESTABLISHMENT OF THE CROW WING ENVIRONMENT ADVISED FUND, WHICH WILL USE EARNINGS FROM AN INITIAL CORPUS OF $56,000 TO SUPPORT CITIZEN-BASED WATER QUALITY AND ENVIRONMENTAL STEWARDSHIP PROJECTS IN CROW WING COUNTY. THIS MODEL OF GEOGRAPHICALLY FOCUSED DONOR ADVISED FUNDS IS VIEWED AS THE PRIMARY VEHICLE FOR SUSTAINABLE FUNDING FOR IMPLEMENTING HLRP PROJECTS IN THE FUTURE. VOLUNTEERS IN SERVICE TO AMERICA (VISTA) HIGHLIGHTS: BY MEANS OF A $333,240 GRANT FROM THE MINNESOTA OFFICE OF THE CORPORATION FOR NATIONAL AND COMMUNITY SERVICE, THE INITIATIVE FOUNDATION IS CURRENTLY SERVING AS A SPONSORING ORGANIZATION FOR 23 VISTA MEMBERS SERVING IN 20 NONPROFIT PROJECT SITES. IN 2010, OUR VISTAS HELPED THEIR AGENCIES COORDINATE OVER 3,509 VOLUNTEERS WHO DELIVERED MORE THAN 17,104 SERVICE HOURS. ADDITIONALLY, VISTA MEMBERS DIRECTLY GENERATED $111,678 IN CASH RESOURCES (GRANTS, DONATIONS, FUND-RAISERS, ETC.) AND $68,806 OF IN-KIND RESOURCES FOR THEIR PROJECT SITES. YOUTH DEVELOPMENT HIGHLIGHTS: AS A PART OF OUR GOAL TO AUTHENTICALLY ENGAGE YOUTH IN THE COMMUNITY AND REGION, WE CONTINUE TO SUPPORT OVER 80 YOUTH AND ADULT MEMBERS FROM SIX YOUTH AS RESOURCES (YAR) TEAMS IN THE REGION. TEAMS RECEIVE A COMBINATION OF TRAINING, TECHNICAL ASSISTANCE AND FINANCIAL SUPPORT TO BUILD YOUTH LEADERSHIP SKILLS AND ADVANCE LOCAL PHILANTHROPY THROUGH GRANTS FOR YOUTH-DRIVEN COMMUNITY SERVICE ACTIVITIES.
ECONOMIC OPPORTUNITY FORM 990, PART III, LINE 4B DURING THIS TIME PERIOD, A TOTAL OF $1,746,412 IN LOANS AND LOAN GUARANTIES WERE COMPLETED. SIXTEEN LOCALLY-OWNED BUSINESSES RECEIVED FINANCING; RESULTING IN THE CREATION OR RETENTION OF 622 JOBS. OF THOSE JOBS, 85% MET OR EXCEEDED THE TARGETED LIVING WAGE OF $18.20 PER HOUR INCLUDING BENEFITS. A TOTAL OF $15,372,813 IN PRIVATE FINANCING AND OWNER EQUITY WAS LEVERAGED. THE TOTAL BUSINESS FINANCING POOL IS $11,892,727. LOAN FUNDS UTILIZATION REACHED 69%. WE ARE ENGAGED IN A WIDE RANGE OF ECONOMIC DEVELOPMENT INITIATIVES AND PARTNERSHIPS INCLUDING: ST. CLOUD AREA ECONOMIC DEVELOPMENT PARTNERSHIP, BRAINERD LAKES AREA DEVELOPMENT CORPORATION, THE DEVELOPMENT OF A MICRO-ENTERPRISE LENDING PROGRAM WITH ST. CLOUD STATE UNIVERSITY AND REGION 5 DEVELOPMENT COMMISSION, THE CONTINUATION OF A TECHNICAL ASSISTANCE PROGRAM FOR BORROWERS, AND SEVERAL NEW WORKFORCE DEVELOPMENT PARTNERSHIPS. WE ARE ALSO HELPING TO ORGANIZE A MULTI CULTURAL MARKETPLACE EFFORT IN THE ST. CLOUD AREA. IN BOTH 2010 AND 2011 WE HAVE BEEN A LEAD SPONSOR FOR ST. CLOUD STATE UNIVERSITY'S WINTER INSTITUTE, AN ANNUAL ECONOMIC DEVELOPMENT CONFERENCE.
COMMUNICATIONS & IQ MAGAZINE FORM 990, PART III, LINE 4C CONTINUING LEADERSHIP EDUCATION EFFORTS, THE FOUNDATION CONVENED EDITORIAL BOARDS TO PUBLISH IQ MAGAZINE ISSUES ON AFFORDABLE HOUSING, CHILDREN OF INCARCERATION, AND NONPROFIT IMPACT. MORE THAN 65,000 RECEIVED THE MAGAZINE, WHICH IS NOW PUBLISHED IN BOTH PRINT AND ONLINE FORMATS. THE FOUNDATION ALSO PARTNERED WITH ST. CLOUD STATE UNIVERSITY TO HOST THE 2010 WINTER INSTITUTE, A BUSINESS AND ACADEMIC LEADERSHIP SUMMIT FOCUSED ON ECONOMIC GROWTH AND RECOVERY. STAFF EMPLOYED NEW DIGITAL TOOLS TO PROMOTE AND RAISE MORE THAN $100,000 IN ONLINE CONTRIBUTIONS FOR NONPROFIT ORGANIZATIONS IN THE BRAINERD AND WADENA AREAS. WEBSITE, E-COMMUNICATIONS, AND SOCIAL MEDIA TRAFFIC ALSO INCREASED STEADILY.
FUND DEVELOPMENT FORM 990, PART III, LINE 4D THE INITIATIVE FOUNDATION WILL ENTER THE LAST YEAR OF ITS FIVE-YEAR CAMPAIGN WITH TOTAL CHARITABLE INVESTMENTS OF $1.2 MILLION IN GENERAL ENDOWMENT, $1.5 MILLION IN DESIGNATED ENDOWMENT, AND $3.4 MILLION IN DIRECT PROGRAM SUPPORT. ECONOMIC DEVELOPMENT SUPPORT FROM CITY AND COUNTY GOVERNMENT, UTILITIES, FINANCIAL INSTITUTIONS, AND REGIONAL BUSINESSES HAS BEEN CONSISTENT. INDIVIDUAL GIVING WAS BOOSTED BY NEW ANNUAL GIVING AND ENGAGEMENT STRATEGIES. THE FOUNDATION HAS ALSO PRIORITIZED ITS DEVELOPMENT OF ENDOWED FUNDS, HELPING SEVERAL COMMUNITIES, NONPROFITS, AND ASSOCIATIONS MATURE OR ESTABLISH NEW VEHICLES TO ACCEPT LOCAL DONATIONS. PROGRAM REVENUE INCLUDED TWO LARGE FEDERAL GRANTS TO SUPPORT NONPROFIT EFFECTIVENESS AND BUSINESS DEVELOPMENT IN CENTRAL MINNESOTA.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2010

Additional Data


Software ID:  
Software Version: