Public Charity

GROWTH INITIATIVE FUND

GROWTH INITIATIVE FUND, of FARGO, ND, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $735K in revenue, $67K in expenses, $9.1M in total assets. IRS filings disclose 3 grants awarded by this foundation, totaling roughly $30K.

EIN: 450431077 FARGO, ND Latest filing: 2024
Total Revenue$735K
Total Expenses$67K
Total Assets$9.1M
Grants Given3
Grant Total$30K
Filing Years2020–2024

Mission

TO PROMOTE ECONOMIC DEVELOPMENT IN CASS COUNTY, NORTH DAKOTA. THE CORPORATION SHALL EXIST TO CREATE AND MANAGE FINANCIAL PROGRAMS TO ENCOURAGE PRIMARY SECTOR JOB CREATION IN CASS COUNTY.

Sample Grants Given

FARGO, ND · 2021
TO SUPPORT SMALL BUSINESS DEVELOPMENT CENTER STAFF PERSON IN FARGO.
$10,000
FARGO, ND · 2020
TO SUPPORT SMALL BUSINESS DEVELOPMENT CENTER STAFF PERSON IN FARGO.
$10,000
FARGO, ND · 2019
TO SUPPORT SMALL BUSINESS DEVELOPMENT CENTER STAFF PERSON IN FARGO.
$10,000

Showing up to 5 of 3 total records — full history available with membership.

Officers & Directors

DIRECTOR Hari Panjini
DIRECTOR Josh Teigen
TREASURER Julie Whitney
VICE CHAIR Lisa Yoney
SECRETARY Mark Voigt
DIRECTOR Michelle Schumacher

Officer compensation and complete director data available with membership.

Top Grant Purposes

TO SUPPORT SMALL BUSINESS DEVELOPMENT CENTER STAFF PERSON IN FARGO.
$30,000 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $735K $67K $9.1M
2023 $73K $59K $8.4M
2022 $41K $72K $8.4M
2021 $50K $34K $8.4M
2020 $61K $33K $8.4M

Between 2020 and 2024, reported annual revenue grew from $61K to $735K (+1099%), with total assets most recently reported at $9.1M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in ND.

ND

Full geographic grant map with state-by-state breakdown available with membership.

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