OWATONNA, MN
Southern Minnesota Initiative Foundation
Quick Facts
- EIN
- 36-3454285
- Location
- OWATONNA, MN
- Category
- Community Development
- NTEE Code
- S300
- Total Assets
- $75.9M
- Annual Income
- $27.2M
- Annual Revenue
- $8.4M
- IRS Ruling Year
- 1986
- Tax Subsection
- 501(c)(03)
About This Organization
Southern Minnesota Initiative Foundation is a nonprofit organization based in OWATONNA, MN. It received its IRS tax-exempt ruling in 1986. The organization is classified under IRC Section 501(c)(03). It operates in the area of community development. Total assets are reported at $75.9M. Annual income is $27.2M. The organization has received $9.5M in foundation grants from 9 funders. It has received $4.3M in federal awards from 3 agencies.
Grants Received from Foundations
Foundation grants awarded to Southern Minnesota Initiative Foundation, based on IRS 990-PF filings.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Mcknight Foundation | $500K | 2024 | for general operating support |
| Otto Bremer Trust | $50K | 2023 | RURAL VOICE |
| Thom Family Foundation Inc. | $5K | 2023 | General Endowment Fund |
| Granite Partners Foundation Of Minnesota Inc. | $3K | 2023 | General & Unrestricted |
| Rick And Helga Bauerly Foundation | $2K | 2023 | General & Unrestricted |
| Granite Partners Foundation Of Minnesota Inc. | $1K | 2023 | Charitable Event |
| Mcknight Foundation | $1M | 2022 | For general operating support |
| Mcknight Foundation | $1M | 2022 | For general operating support |
| Mcknight Foundation | $200K | 2022 | To build upon their current commitment to economic growth for BIPOC-led and BIPOC-serving organizations and help amplify their capacity and reach to support more of these organizations |
| Mcknight Foundation | $200K | 2022 | To build upon their current commitment to economic growth for BIPOC-led and BIPOC-serving organizations and help amplify their capacity and reach to support more of these organizations |
| Ciresi Walburn Foundation For Children | $75K | 2022 | EARLY CHILDHOOD DEVELOPMENT |
| Ciresi Walburn Foundation For Children | $75K | 2022 | EARLY CHILDHOOD DEVELOPMENT |
| Mark E & Mary A Davis Foundation | $20K | 2022 | GENERAL SUPPORT |
| Mark E & Mary A Davis Foundation | $20K | 2022 | GENERAL SUPPORT |
| Rick And Helga Bauerly Foundation | $2K | 2022 | General & Unrestricted |
| Rick And Helga Bauerly Foundation | $2K | 2022 | General & Unrestricted |
| Charles K Blandin Foundation | $150K | 2021 | PROJECT SUPPORT FOR LEAD FOR MINNESOTA TO EXPAND AND ENRICH LEADERSHIP EDUCATION FOR HOST SITES AND FELLOWS ACROSS NATIVE NATIONS AND THROUGHOUT RURAL MINNESOTA |
| Mcknight Foundation | $1.5M | 2020 | For general operating support |
| Mcknight Foundation | $1.5M | 2020 | For general operating support |
| Mcknight Foundation | $1.5M | 2020 | For general operating support |
| Mcknight Foundation | $1.5M | 2020 | For general operating support |
| Otto Bremer Trust | $100K | 2020 | EARLY CHILDHOOD TRAINING & TECHNICAL ASSISTANCE |
| Otto Bremer Trust | $50K | 2020 | GREENSEAM |
| Mark E & Mary A Davis Foundation | $20K | 2020 | GENERAL SUPPORT |
| Land O L Foundation | $1K | 2020 | MEMBER CO-OP MATCHES |
Federal Awards Received
Federal grants and cooperative agreements from USAspending.gov.
| Agency | Program | Amount | Year |
|---|---|---|---|
| Small Business Administration | 14 awards totaling $2,670,009 | $2.7M | 2025 |
| Department of Commerce | 2 awards totaling $1,678,000 | $1.7M | 2025 |
| Corporation for National and Community Service | 2 awards totaling N/A | — | 2025 |
Frequently Asked Questions
What does Southern Minnesota Initiative Foundation do?
Southern Minnesota Initiative Foundation is a nonprofit organization focused on community development, based in OWATONNA, MN. It is classified under IRC Section 501(c)(03).
Who funds Southern Minnesota Initiative Foundation?
Southern Minnesota Initiative Foundation has received foundation grants from Mcknight Foundation, Otto Bremer Trust, Thom Family Foundation Inc., and others. It has also received federal awards from Small Business Administration, Department of Commerce, Corporation for National and Community Service.
What is Southern Minnesota Initiative Foundation's annual revenue?
Southern Minnesota Initiative Foundation reports total assets of $75.9M. Annual income is $27.2M.
Where is Southern Minnesota Initiative Foundation located?
Southern Minnesota Initiative Foundation is located in OWATONNA, MN.
Is Southern Minnesota Initiative Foundation a 501(c)(3)?
Yes, Southern Minnesota Initiative Foundation is a 501(c)(3) tax-exempt organization. Its EIN is 36-3454285. Donations to this organization may be tax-deductible.
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