The Memorial Hospital Foundation

The Memorial Hospital Foundation is a Partner Fund of the Initiative Foundation led by an advisory board of local volunteers who have made a commitment to strengthen our communities.

The original Memorial Hospital Foundation was founded in 1992. Our partnership and transfer to the Initiative Foundation occurred in 2017 to better serve our communities and our volunteer board. Our vision is to see a healthy and vibrant population in the greater Cambridge area!

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; only the earnings provide a flexible, dependable funding stream to support important projects.

Advisory Board Members

Lowell Becker, M.D.
Chair

Loren Nelson
Vice Chair

Bill Lindberg
Secretary/Treasurer

Neil Hendrickson
Advisory Board Member

Ralph “Del” Larson
Advisory Board Member

Chris Miller
Advisory Board Member

Gwen O’Brien
Advisory Board Member

Created in 1986, the Initiative Foundation is powering possible to help Central Minnesota people build and sustain thriving communities.

The Foundation serves the 14 counties of Central Minnesota, providing nonprofit grants, business loans, leadership training and an array of donor services. We believe that local people have the greatest sum of initiative, knowledge and relationships to achieve a brighter future.

In partnership with Cambridge Memorial Hospital Foundation, the Initiative Foundation oversees and manages financial contributions for the fund. The Foundation also provides staff support to the advisory board and ensures compliance with legal and professional standards. These services allow volunteer leaders to focus on meeting community needs and enhancing the local quality of life. Because the Initiative Foundation is a 501(c)(3) nonprofit organization, contributions to the fund are tax-deductible to the extent allowed by law.