The Greater Pine Area Endowment is a Partner Fund of the Initiative Foundation. It is led by an advisory board of local volunteers who have made a commitment to strengthen our communities. Created in 1992, our vision is to promote a sense of community pride and success, to improve the quality of life in our community, and to be a proactive partner in leading economic development, including quality job creation and high tech employment.
Community foundations are tax-exempt public charities serving thousands of people who share a common interest – improving the quality of life in their area. As your community’s foundation, we provide the leadership to help people give back to the Pine City community with measured impact and great meaning.
As local volunteers, we know our neighbors, share your interests and are invested in the future of our community. Our partnership with the Initiative Foundation combines local knowledge and leadership with professional expertise and guidance to identify community needs, serve donors and manage our investments.
By promoting local philanthropy, we strive to strengthen our community by connecting people, resources and needs. Our endowment fund is a charitable investment account in which the principal contributions are never spent; we use only the earnings to provide a flexible, dependable funding stream to support important projects.