PLATINUM2024

MN Fundraising Initiative

aka MNFI   |   Andover, MN   |  http://www.mnfundraisinginitiative.org

Mission

Enriching the lives of youth by providing grants to fund opportunities they would otherwise not be able to experience.

Ruling year info

2019

President

Martin Cross

Main address

14813 Able St NE

Andover, MN 55304 USA

Show more contact info

EIN

84-1964216

NTEE code info

Youth Development Programs (O50)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

The problem that currently exists is that many enrichment activities for youth are expensive, and most families have limited or restricted funds to cover additional expenses. It is unfortunate when youth have to miss out on activities such as dance, art, music, fine arts education or sports that we know can add so many positive experiences to their lives. It is even more unfortunate when a student cannot further their education at a trade school or college/university solely on the basis of their family's financial ability to pay. MNFI’s goal is to help provide these families with funds that can be used directly to enhance the child’s experience and further their education. Grants are written directly to the organization that is providing the experience to ensure a transparent exchange of the grant funds on behalf of the recipient.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Grants for the youth

Provide grant funding for K-12 grade school sporting activities.

Population(s) Served
Children and youth

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of volunteers

This metric is no longer tracked.
Totals By Year
Population(s) Served

Age groups

Related Program

Grants for the youth

Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Average online donation

This metric is no longer tracked.
Totals By Year
Population(s) Served

Children and youth

Related Program

Grants for the youth

Type of Metric

Input - describing resources we use

Direction of Success

Holding steady

Context Notes

This is the total donation received

Total number of grants awarded

This metric is no longer tracked.
Totals By Year
Population(s) Served

Children and youth

Related Program

Grants for the youth

Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

MNFI’s mission is to enrich the lives of youth by providing grants to fund opportunities they would otherwise not be able to experience. Our goal is to involve as many community members as possible in volunteer opportunities to raise grant funds. We want to be able to offer an enrichment grant to any youth who is in need.

MNFI's main grant building strategy is local community volunteer opportunities. We are building a team of volunteers who help at local events/venues and in return MNFI receives a donation to our grant pool. Secondly, we are researching and writing grant requests from companies and foundations that will increase our available grant funds. Lastly, we are working on building an investment program with a portion of our capital to create our own endowment fund with which we can offer more enrichment grants.

MNFI is building a group of volunteers who can independently reach out to local community leaders to find future volunteer opportunities for our group. We have a website to promote MNFI and both our volunteer group and the grant program we run. We have a board made up of volunteers with different experiences and wider community connections allowing us to further spread the word and mission of MNFI.

As of January 2021, MNFI is just over 18 months old and we have successfully secured contracts with all Twin Cities sporting and concert venues that utilize volunteers. This has allowed our volunteers to raise donations and grant funds in excess of $240,000 and has given our board the privilege of awarding grants totaling over $197,000.
Next, we want grow our volunteer group, add to our volunteer opportunities, and continue to increase our grant revenue which will increase our grant giving capabilities.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To strengthen relationships with the people we serve

  • Which of the following feedback practices does your organization routinely carry out?

  • What challenges does the organization face when collecting feedback?

Financials

MN Fundraising Initiative
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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lock

Connect with nonprofit leaders

Subscribe

Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

MN Fundraising Initiative

Board of directors
as of 01/19/2024
SOURCE: Self-reported by organization
Board co-chair

Martin Cross


Board co-chair

Jessica Musta

Patti Cross

Treasurer

Stacy Schelkoph

Secretary

Monica Fisher

Board Memeber

Heather Murphy

Board Member

Kelly McElderry

Board Member

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? No
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Not applicable
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 1/19/2024

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

No data

Gender identity

Transgender Identity

Sexual orientation

No data

Disability

No data

Equity strategies

Last updated: 09/14/2022

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We review compensation data across the organization (and by staff levels) to identify disparities by race.
  • We analyze disaggregated data and root causes of race disparities that impact the organization's programs, portfolios, and the populations served.
  • We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
  • We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
  • We disaggregate data by demographics, including race, in every policy and program measured.
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We use a vetting process to identify vendors and partners that share our commitment to race equity.
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.