NonprofitsSouthwest Initiative Foundation

Community Improvement

Southwest Initiative Foundation

HUTCHINSON, MN

Total revenue

$11.6M

Total expenses

$10.1M

Net assets

$104.7M

Grants received

$15.5M

105 grants

EIN

411555592

Tax year

2023

Mission

Our mission is connecting people, investing in ideas and building communities.

Programs

2 programs

Affiliate and component funds (see schedule o).

Expenses: $3.0MGrants: $3.0M

Economic development (see schedule o).

Expenses: $2.6MGrants: $1.2M

Financials

FY 2023

Revenue

Contributions & grants$6.5M
Program service revenue$540K
Investment income$4.5M
Other revenue$81K
Total revenue$11.6M

Expenses

Grants paid$4.9M
Salaries & benefits$2.2M
Fundraising$422K
Other expenses$3.0M
Total expenses$10.1M
Total assets$114.6M
Net assets$104.7M

People

12 listed

NameRoleCompensation

SCOTT MARQUARDT

PRESIDENT

Board

$147K

50 hrs/wk

MARGIE NELSEN

CFO

Board

$132K

50 hrs/wk

NANCY FASCHING

VICE PRESIDENT

Board

$123K

50 hrs/wk

THOMAS BRAKKE

TREASURER

Board

4 hrs/wk

TERRY GAALSWYK

SECRETARY

Board

4 hrs/wk

CHRISTINE ROCK HANTGE

CHAIR

Board

6 hrs/wk

PATRICIA LOEHR-DOLS

PAST CHAIR

Board

6 hrs/wk

DANIEL GREVE

VICE CHAIR

Board

4 hrs/wk

ABDIRIZAK MAHBOUB

BOARD MEMBER

Board

4 hrs/wk

ERICA VOLKIR

BOARD MEMBER

Board

4 hrs/wk

KATHY WEHKING

BOARD MEMBER

Board

4 hrs/wk

THERESA ZASKE

BOARD MEMBER

Board

4 hrs/wk

Independent contractors

RED STAR CREATIVE INC

BUSINESS CONSULTING

$107K

Grants received

Showing 105 of 105

FromAmountPurposeYear
$500K
for general operating support
2024
$422K
DONOR ADVISED, PUBLIC AFFAIRS/SOCIETY BENEFIT
2024
$367K
GENERAL SUPPORT
2024
$199K
DAYCARE CENTERS
2024
$20K
GEN/OPER SUPPORT
2024
$5K
General & Unrestricted
2024
$3K
General & Unrestricted
2024
$3K
CHARITABLE ACTIVITIES
2024
$2K
VARIOUS CHARITABLE ORGANIZATIONS
2024
$500
GENERAL OPERATING PURPOSE
2024
$2M
BELONGING, ANTI-HATE, AND ANTI-RACISM IN RURAL MINNESOTA
2023
$267K
MULTIPLE GRANTS FOR PROGRAMS, OPERATIONS, OR OTHER PURPOSES
2023
$201K
DONOR-ADVISED, PUBLIC AFFAIRS/SOCIETY BENEFIT
2023
$59K
To create long-lasting, vibrant and healthy communities by working to develop emerging leaders and create long-term systems change for equity
2023
$50K
Donation
2023
$17K
For grant recipient's exempt purposes
2023
$13K
PUBLIC, SOCIETAL BENEFIT
2023
$8K
COMMUNITY SUPPORT
2023
$3K
GENERAL ENDOWMENT
2023
$3K
General & Unrestricted
2023
$2K
General & Unrestricted
2023
$1K
GENERAL SUPPORT
2023
$1K
VARIOUS CHARITABLE ORGANIZATIONS
2023
$1K
CHARITABLE ACTIVITIES
2023
$800
DIRECT MEMBER MATCH
2023
$500
HONORING BOARD SERVICE
2023
$2.7M
SOUTHWEST INITIATIVE FOUNDATION WILL MANAGE THE ARCHIBALD BUSH LEGACY FUND, AN ENDOWED FUND TO MAKE POST-SECONDARY EDUCATION ACCESSIBLE FOR HIGH SCHOOL STUDENTS IN YELLOW MEDICINE EAST (YME) SCHOOL DISTRICT IN GRANITE FALLS, MINNESOTA. AS ADMINISTRATOR OF THE FUND, SMPF WILL PARTNER WITH A SCHOLARSHIP PROVIDER TO AWARD SCHOLARSHIPS AND OTHER SERVICES TO YME STUDENTS SEEKING TO PURSUE HIGHER EDUCATION OPPORTUNITIES, WITH AN EMPHASIS ON STUDENTS FROM UNDERREPRESENTED COMMUNITIES. THE ARCHIBALD BUSH LEGACY FUND EXPANDS THE FOUNDATION'S LONG-TERM COMMITMENT ESTABLISHED BY ARCHIE BUSH TO EDUCATION AND THE CITIES OF ST, PAUL AND GRANITE FALLS, MN.
2022
$1.3M
BELONGING, ANTI-HATE, AND ANTI-RACISM IN RURAL MINNESOTA
2022
$500K
For general operating support
2022
$500K
For general operating support
2022
$200K
To create long-lasting, vibrant and healthy communities by working to develop emerging leaders and create long-term systems change for equity
2022
$141K
To create long-lasting, vibrant and healthy communities by working to develop emerging leaders and create long-term systems change for equity
2022
$130K
To support nonprofit intermediaries re-granting public dollars
2022
$100K
GENERAL SUPPORT
2022
$40K
CAPITAL SUPPORT FOR A LEADERSHIP BOOST GRANT IN PIPESTONE IN RURAL MINNESOTA
2022
$21K
HARDSHIP PROGRAMMING
2022
$15K
CAPITAL SUPPORT FOR A LEADERSHIP BOOST GRANT IN GRANITE FALLS IN RURAL MINNESOTA
2022
$15K
GROWING HOME CIRCLE
2022
$14K
For grant recipient's exempt purposes
2022
$11K
PUBLIC, SOCIETAL BENEFIT
2022
$10K
CHARITABLE DONATION
2022
$7K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2022
$5K
GENERAL SUPPORT
2022
$3K
VARIOUS CHARITABLE ORGANIZATIONS
2022
$3K
GENERAL ENDOWMENT
2022
$2K
General & Unrestricted
2022
$1K
CHARITABLE ACTIVITIES
2022
$1M
for general operating support
2021
$1M
for general operating support
2021
$460K
to build a pathway to teaching for diverse candidates in and around Worthington, Minnesota
2021
$460K
to build a pathway to teaching for diverse candidates in and around Worthington, Minnesota
2021
$200K
Economic Mobility Agenda
2021
$100K
Community Solutions for SW MN Child Care
2021
$60K
COMMUNITY FOUNDATION
2021
$18K
General Support
2021
$12K
PUBLIC, SOCIETAL BENEFIT
2021
$8K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2021
$5K
MEMBER CO-OP MATCHES
2021
$5K
MEMBER CO-OP MATCHES
2021
$500
MEMBER CO-OP MATCHES
2021
$500
MEMBER CO-OP MATCHES
2021
$500
HONORING BOARD SERVICE
2021
$408K
MULTIPLE PURPOSES
2020
$300K
To build a pathway to teaching for diverse candidates in and around Worthington, Minnesota
2020
$300K
To build a pathway to teaching for diverse candidates in and around Worthington, Minnesota
2020
$207K
TO PILOT A LOCAL NETWORK OF EMPLOYERS FROM KANDIYOHI, MEEKER, RENVILLE AND REDWOOD COUNTIES IN MINNESOTA
2020
$200K
EMAN Grant
2020
$185K
PROGRAM COSTS
2020
$100K
Community Solutions for SW MN Child Care
2020
$25K
PROJECT SUPPORT ACCESS FOR CHILDCARE TO CRITICAL WORKERS IN RURAL MINNESOTA
2020
$25K
EMERGENCY RELIEF
2020
$20K
PROJECT SUPPORT FOR A LEADING FOR AMERICA FELLOW IN RURAL MINNESOTA
2020
$20K
GENERAL ENDOWMENT, DISASTER FUNDS
2020
$15K
VARIOUS CHARITABLE ORGANIZATIONS
2020
$10K
PUBLIC, SOCIETAL BENEFIT
2020
$10K
Windom Community Foundation donation
2020
$8K
General Support
2020
$2K
For an honorarium in appreciation of Diana Anderson's participation on a panel at the August board meeting
2020
$2K
GENERAL ENDOWMENT
2020
$2K
For an honorarium in appreciation of Diana Anderson's participation on a panel at the August board meeting
2020
$1K
CHARITABLE ACTIVITIES
2020
$700
HONORING BOARD SERVICE
2020
$250
MEMBER CO-OP MATCHES
2020
$250
MEMBER CO-OP MATCHES
2020
$200
MATCHING GIFTS
2020
$285K
MULTIPLE GRANTS
2019
$25K
TO SUPPORT COVID-19 RESPONSE
2019
$13K
HUMAN SERVICES
2019
$8K
General Support
2019
$39K
PUBLIC, SOCIETAL BENEFIT
2018
$7K
General Support
2018
$7K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2018
$1K
GENERAL ENDOWMENT
2018
$21K
SOCIAL SERVICES/SOCIAL BENEFITS
2017
$8K
General Support
2017

Funded by

$15.5M from 41 funders · 105 grants · 2017–2024

The McKnight Foundation

$5.4M · 14 grants · 2020–2024

Margaret A Cargill Foundation

$3.3M · 2 grants · 2022–2023

The Bush Foundation

$2.9M · 2 grants · 2020–2022

Saint Paul & Minnesota Foundation

$689K · 4 grants · 2020–2023

The Minneapolis Foundation

$623K · 2 grants · 2023–2024

Kahr Foundation-Ima

$402K · 3 grants · 2020–2024

Cfleads

$400K · 2 grants · 2020–2021

Minnesota Community Foundation

$292K · 2 grants · 2018–2019

Details

EIN411555592
NTEE codeS400
Subsection03
Ruling date1986-08
Formed1986
Employees26
Volunteers330
SOUTHWEST INITIATIVE FOUNDATION — Mission, Financials & Grants Received | Grantivo