Federal grants to Initiative Foundation
Initiative Foundation in Little Falls, Minnesota received $2.9 million in federal grants from fiscal 2021 to 2025, across 6 awards. Its largest program was Community Development Financial Institutions Rapid Response Program (CDFI RRP), with $1.8 million. It had no new grant money in fiscal 2025.
From USAspending.gov award records, updated October 31, 2026.
- Grants, FY 2021 to 2025$2.9 million
- Awards6
- Awarded in FY 2025$0
- Largest award$1.8 million
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 2 | $2.0 million |
| FY 2022 | 1 | $200,000 |
| FY 2023 | 2 | $349,999 |
| FY 2024 | 1 | $300,000 |
| FY 2025 | 0 | $0 |
Programs that fund Initiative Foundation
| Program | Awards | Amount |
|---|---|---|
| Community Development Financial Institutions Rapid Response Program (CDFI RRP) | 1 | $1.8 million |
| Prime Technical Assistance | 4 | $950,000 |
| Rural Business Development Grant | 1 | $99,999 |
Awarding agencies
| Agency | Awards | Amount |
|---|---|---|
| Department of the Treasury | 1 | $1.8 million |
| Small Business Administration | 4 | $950,000 |
| Department of Agriculture | 1 | $99,999 |
Largest awards
| Award | Program | First action | Amount |
|---|---|---|---|
| Cdfi rapid response program award | Community Development Financial Institutions Rapid Response Program (CDFI RRP) | June 15, 2021 | $1.8 million |
| Initiative foundation - mn | Prime Technical Assistance | September 11, 2024 | $300,000 |
| Initiative foundation - mn - FY 23 prime technical assistance | Prime Technical Assistance | September 20, 2023 | $250,000 |
| FY22 prime technical assistance initiative foundation | Prime Technical Assistance | September 20, 2022 | $200,000 |
| Initiative foundation, mn the program for investment in microentrepreneurs act of 1999 (the prime act) became law on november 12, 1999 with the passage of pub. L. No. 106-102 (15 u.s.c. 6901 note). The prime act authorizes the sba administrator to establish a program for the purposes of: (i) providi | Prime Technical Assistance | September 15, 2021 | $200,000 |
| Rbdg rural business coop rural enterprise grant | Rural Business Development Grant | July 18, 2023 | $99,999 |
Questions people ask
How much federal grant money does Initiative Foundation get?
$2.9 million in 6 grant awards from fiscal 2021 to 2025, as obligations reported to USAspending.gov.
Which agency gives Initiative Foundation the most?
The Department of the Treasury, with $1.8 million in 1 award. The Small Business Administration and the Department of Agriculture follow.
What is Initiative Foundation's largest federal grant?
$1.8 million under Community Development Financial Institutions Rapid Response Program (CDFI RRP), with its first action in the period on June 15, 2021. That counts only the money obligated in fiscal 2021 to 2025.
Which federal programs fund Initiative Foundation?
Its largest are Community Development Financial Institutions Rapid Response Program (CDFI RRP), Prime Technical Assistance and Rural Business Development Grant.
Other grant recipients in Little Falls
- Tri-County Community Action Partnership, Inc.
- City of Little Falls
- Housing & Redevelopment Authority of Little Falls
- Morrison SWCD
Largest federal grant recipients in Minnesota · Federal grants in Minnesota