Initiative Foundation briefs Morrison County on local grants, loans and new CDFI certification
Carl Newbanks told the board the Initiative Foundation has recertified a new subsidiary as a CDFI, reported recent lending and job impacts in Morrison County, and highlighted nonprofit academy participation and emergency‑planning grants for Little Falls and Pierz.
The full story
Carl Newbanks, vice president of philanthropy at the Initiative Foundation, gave the board a county impact update on July 14, outlining the foundation’s multi‑decade work, recent grant and loan activity, and program priorities.
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