Innovation Fund 2024
The Initiative Foundation offers grants to nonprofits and local government units, focusing on program or capacity-building support, projects that advance diversity, equity, and inclusion, and strategies to address workforce shortages. This aligns with the Foundation's mission to serve its 14-county region in Minnesota and Native nations of the Leech Lake and Mille Lacs Bands of Ojibwe, by fostering community and economic development. The grants are intended to be strategic investments, not ongoing support, with individual grants seldom exceeding $7,500. The grants target 501(c)(3) nonprofits, school districts, or local government units serving specific counties and Native nations within the Initiative Foundation's geographic service area. The impact goals are to strengthen communities by addressing urgent needs, particularly in low-income communities, promote behavioral change towards diversity, equity, and inclusion, and develop community-based solutions for regional workforce shortages, leading to family-sustaining wages. The Foundation prioritizes projects that demonstrably contribute to these outcomes. Priority consideration is given to proposals focusing on capacity-building support for nonprofits, especially those addressing urgent needs or low-income communities, including business planning, fund development, training, or pilot programming. Other key focuses include cost-share for projects creating behavioral change related to diversity, equity, and inclusion, and advancement of community-based strategies to tackle regional workforce shortages in sectors with family-sustaining wages. Support for early-stage feasibility or pilot projects by local and regional community and economic development entities is also a priority. Expected outcomes include strengthened organizational capacity for nonprofits, measurable progress in diversity, equity, and inclusion initiatives, and tangible reductions in regional workforce shortages. While specific measurable results are not detailed in the provided text, the emphasis on "behavioral change" and "community-based strategies" implies a desire for demonstrable and sustainable impact. The Foundation's strategic priorities are clearly laid out in the priority areas, indicating a theory of change that by investing in these key areas, they can foster stronger, more equitable, and economically resilient communities. Ineligible expenses include grants to individuals and businesses, expenses incurred before grant receipt, capital expenses, projects not directly benefiting residents in the service area, replacement of government funding, religious activities, lobbying, school curriculum development or athletic programs, and out-of-state travel. Healthcare, arts, and historic preservation are not focus areas for discretionary grants, and potential applicants in these areas are encouraged to consult with staff before applying.
Award Range
Not specified - $7,500
Total Program Funding
Not specified
Number of Awards
Not specified
Matching Requirement
No
Eligible Applicants
Additional Requirements
Innovation Fund and economic development grant applicants must be 501(c)(3) nonprofits, school districts, or local units of government that serve Benton, Cass, Chisago, Crow Wing, Isanti, Kanabec, Mille Lacs, Morrison, Pine, Sherburne, Stearns, Todd, Wadena, and/or Wright counties, and/or the Native nations of the Leech Lake and Mille Lacs Bands of Ojibwe within the boundaries of the 14-county region served by the Initiative Foundation.
Geographic Eligibility
Benton, Cass, Chisago, Crow Wing, Isanti, Kanabec, Mille Lacs, Morrison, Pine, Sherburne, Stearns, Todd, Wadena, and/or Wright counties
Application Opens
June 3, 2024
Application Closes
August 9, 2024
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