Charities United States Community Development Initiative Foundation Impact Fund
Initiative Foundation Impact Fund logo

Initiative Foundation Impact Fund

To empower people to build thriving communities and a vibrant region across central minnesota.

Community Development Little Falls, MN EIN 933064878 · IRS Sign up to see website
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71
Integrity Assessment
Strong transparency
71/100 · methodology

About Initiative Foundation Impact Fund

The Initiative Foundation works daily to strengthen the economy and communities of Central Minnesota. Let’s work together to bring greater opportunity and prosperity to all.

Founded
Headquarters
Little Falls, MN
Foundation type
Publicly-supported charity (509(a)(2))
NTEE code
S99
IRS subsection
501(c)(03)
Ruling date
Size
medium

Verified certifications

Confirmed against the issuing authority - not self-reported.

IRS Tax-Deductible since 2024

Mission

To empower people to build thriving communities and a vibrant region across central minnesota.

Focus areas & reach

· What they work on and where
Community Development · NTEE S99
SDG alignment The 17 UN Sustainable Development Goals (SDGs) are the global agenda for ending poverty, protecting the planet, and ensuring prosperity by 2030. We tag each charity to the goals its work advances.
SDG 11 SDG 11 · Sustainable Cities and Communities Make cities and human settlements inclusive, safe, resilient, and sustainable.

How it stacks up against peers

· vs. 8 similar community development in United States
Program spending This charity: 97%
Peer average: 88%
Integrity Assessment This charity: 71
Peer average: 93

Red flags

· All clear
IRS revocation history
OFAC / EU / UN sanctions
Open investigations
Governance scandals
Related-party deals
Excessive exec comp

Where every $1 goes

$0.97
Program expenses$0.97 ($247,270)
97% to programs beats the peer average (88%) and beats the Charity Navigator "highly efficient" threshold (75%).

Common questions

· Auto-generated from filings + methodology

Initiative Foundation Impact Fund is a registered community development nonprofit based in Little Falls, MN, United States. It is registered with the Internal Revenue Service (IRS). It was founded in 2023. Its EIN is 933064878. It has a GiveRadar Integrity Assessment of 71/100 (Strong transparency), indicating well-documented governance, financials, and contact details. This is below the average of 93/100 for community development charities in United States. The organization reports $2M in annual revenue. 8 officers and directors are publicly disclosed. No red flags have been detected.

Initiative Foundation Impact Fund has a GiveRadar Integrity Assessment of 71/100. This score combines five components: Registration (20 pts), Financial Transparency (30 pts), Governance (20 pts), Contact Availability (10 pts), and Data Recency (20 pts), with negative adjustments for any red flags. A score of 71 ('Strong transparency') reflects well-documented governance, recent financials, named leadership, and working contact details. The charity allocates 97% of expenses to programs, which contributes positively to its score. For comparison, the average integrity assessment for community development charities in United States is 93/100.

Initiative Foundation Impact Fund is located in Little Falls, MN, United States. The organization was established in 2023 and has been active for 3 years.

Based on official tax filings, Initiative Foundation Impact Fund has $2M in annual revenue. It allocates 97% of expenses to programs and services. This is above the average of 88% for community development charities in United States. Create a free GiveRadar account to view the complete financial breakdown with year-over-year trends.

Initiative Foundation Impact Fund is classified as a Community Development organization, registered in United States. It operates as a Publicly-supported charity (509(a)(2)). By size, it is categorized as a medium organization. It has $2M in annual revenue. The organization has 8 disclosed officers and directors.

No red flags have been detected for Initiative Foundation Impact Fund. GiveRadar automatically screens charities for concerning patterns including high executive compensation, low program spending, and missing financial filings. Based on available official data, no issues have been identified.

Initiative Foundation Impact Fund has a GiveRadar Integrity Assessment of 71/100 (Strong transparency) and no red flags have been detected, which suggests it is a well-documented organization. It is regulated by the IRS. 97% of expenses go to programs. The peer average is 88%. You can donate directly through their official donation page linked on their GiveRadar profile. GiveRadar provides data for research purposes and does not endorse any organization. Always do your own due diligence.

The Initiative Foundation works daily to strengthen the economy and communities of Central Minnesota. Let’s work together to bring greater opportunity and prosperity to all. Initiative Foundation Impact Fund is classified as a community development organization registered in United States. The organization was founded in 2023.

Among community development charities registered in United States: Initiative Foundation Impact Fund's GiveRadar Integrity Assessment of 71/100 is below the peer average of 93/100. It allocates 97% of expenses to programs, above the peer average of 88%. Its annual revenue of $2M is comparable to the peer average of $3M.

Yes, donations to Initiative Foundation Impact Fund are generally tax-deductible in the United States. Initiative Foundation Impact Fund is a 501(c)(3) tax-exempt organization. Its EIN is 933064878, which you can use for tax filing purposes. Donors can typically deduct contributions on their federal income tax return if they itemize deductions. Consult a tax professional for guidance specific to your situation.

Verified against 4 official sources, last refreshed .

Annual revenue
$1M-$10M
97% to programs
Source: IRS 990 (FY2024) why this matters
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Filing history

2 years on file from IRS 990 (FY2024): revenue, expenses, program spending, assets, and liabilities by fiscal year.

Years on record: FY2024, FY2023.
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Taxes

Tax-deductibility for donors

Donations may be tax-deductible for residents of United States under local rules. Confirm with the charity directly.

Always confirm tax treatment with the charity directly or your tax advisor before donating.

Leadership

BR
Brett Anderson
Chair

Officers & trustees (4)

Source: Public filings

BR
Brett A•••••••
TRUSTEE/BOARD CHAIR
BR
Brian V•••••••
INITIATIVE FOUNDATION PRESIDENT
DA
David M•••••
TRUSTEE/VICE-CHAIR
MI
Michele M•••••
CFO
Full names, contact details & compensation

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Latest news

From global news sources

No recent news coverage found

News coverage will appear here when articles mention this organization.

Activity timeline

Filings and press mentions, merged

Form filed
$2.1M revenue
FY2024
IRS_990
Form filed
$0.0M revenue
FY2023
IRS_990

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Peer charities

Other community development in United States, by integrity assessment

Charity Score Revenue Program %
Initiative Foundation Impact Fund This page 71 $2.1 million 97%
Employee Assistance Fund for Alaska Airlines 93 $2.1 million 82%
Coastal Connections Inc 93 $4.1 million 85%
Coshocton Foundation 93 $2.7 million 82%
Project Kesher 93 $3.5 million 80%
Elizabeth Development Company of New Jersey 93 $3.8 million 91%
Central Massachusetts Center for Business and Enterprise Inc 93 $1.2 million 98%
Arcata Economic Development Corp 93 $5.7 million 98%
Dayone Pact 93 $6.9 million 91%

Sources and verification

Refreshed

Registration and legal identity
Internal Revenue Service (IRS) - Tax Exempt Organization Search
Financial filings
IRS Form 990 filings - Fiscal year 2024 most recent on file.
Officers and trustees
Internal Revenue Service (IRS) - Tax Exempt Organization Search - 8 disclosed in the public registry.
Supplementary verification
Charity Navigator

Data freshness

Last updated
Jun 12, 2026
Profile completeness
75%

What we don't know

Honest gaps - our score reflects transparency, not impact

Programs & projects
No named programs listed by the charity
Operating reach
Countries where programs run not specified

Methodology

GiveRadar combines public registry filings, ProPublica Nonprofit Explorer, Charity Navigator, GuideStar, and news archives into a single 0-100 integrity assessment. We don't take a cut of any donation, ever.

Read full methodology

Quick facts about Initiative Foundation Impact Fund

What is Initiative Foundation Impact Fund?
Initiative Foundation Impact Fund is a community development publicly-supported charity (509(a)(2)) based in Little Falls, United States. The Initiative Foundation works daily to strengthen the economy and communities of Central Minnesota. Let’s work together to bring greater opportunity and prosperity to all.
When was Initiative Foundation Impact Fund founded?
Initiative Foundation Impact Fund was founded in 2023.
Who leads Initiative Foundation Impact Fund?
Brett Anderson serves as Chair.
Where is Initiative Foundation Impact Fund located?
Headquartered in Little Falls, United States.
What is Initiative Foundation Impact Fund's annual budget?
Annual revenue for fiscal year 2024 is approximately $1M-$10M. 97% of expenses go to program services.
Is Initiative Foundation Impact Fund trustworthy?
Initiative Foundation Impact Fund has a GiveRadar Integrity Assessment of 71 out of 100 (Strong transparency). The score reflects public-data transparency: registration, financial disclosure, governance, contact details, and how recently data was refreshed. It does not measure program impact.
What is Initiative Foundation Impact Fund's registration number?
IRS EIN: 933064878.
What is Initiative Foundation Impact Fund's website?
http://www.ifound.org