GrantAuthority

Southern Minnesota Initiative Foundation

Grantmaking foundation in Owatonna, Minnesota · EIN 36-3454285

Total giving
$4.4MTax year 2025
Total assets
$81MLatest reported
Latest IRS filing
2025Form 990 / 990-PF

Mission

SOUTHERN MINNESOTA INITIATIVE FOUNDATION IS A REGIONAL DEVELOPMENT AND PHILANTHROPIC ORGANIZATION THAT FOSTERS ECONOMIC AND COMMUNITY VITALITY IN 20 COUNTIES OF SOUTHERN MINNESOTA THROUGH A CULTURE OF COLLABORATION AND PARTNERSHIP, WITH A FOCUS ON ENTREPRENEURS AND EARLY CHILDHOOD DEVELOPMENT.

Quoted from the foundation's IRS filing.

Giving by year

$2.1M2020
$12M2021
$13M2022
$3M2023
$3.2M2024
$4.4M2025

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
University of Notre Dame$150K2023
Vanguard Charitable$150K2023
City of Wabasha$97K2023
Church of St Anne of Le Sueur$50K2023
City of Byron$44K2023

Amounts are rounded. The full grantee list is available with a free account.

Website: www.smifoundation.org

Open grant opportunities from this funder

See the full profile. All grants with amounts and years, board and officers, contact details, giving patterns and your organization's fit score are available with a free GrantAuthority account.

Similar foundations in Minnesota

Source: IRS Form 990 and 990-PF filings, tax year 2025. Also see this organization on ProPublica Nonprofit Explorer.