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    Southern Minnesota Initiative Foundation

    Mission

    Since 1986, Southern Minnesota Initiative Foundation has been a catalyst for economic growth in 20 Minnesota counties. We work to build a prosperous region with vibrant communities, innovative businesses and a skilled and valued workforce. To accomplish this, we invest in emerging businesses and the emerging workforce. We help businesses, local governments and nonprofit organizations find common ground, pool resources and achieve more. Since establishment, the Foundation has advanced economic development in the 20-county region with total investments of more than $38 million. In 2007, donors contributed to regional endowment funds valued at close to $27 million.

    Owatonna MN | EIN: 36-3454285
    Is this your nonprofit?
    This charity has not opted into the donation platform. Donations via the Giving Basket will still reach the charity.
    501(c)(3) organization
    525 Florence Avenue, P.O. Box 695,
    Owatonna MN 55060
    https://www.smifoundation.org/
    507-455-3215

    Southern Minnesota Initiative Foundation

    Mission

    Since 1986, Southern Minnesota Initiative Foundation has been a catalyst for economic growth in 20 Minnesota counties. We work to build a prosperous region with vibrant communities, innovative businesses and a skilled and valued workforce. To accomplish this, we invest in emerging businesses and the emerging workforce. We help businesses, local governments and nonprofit organizations find common ground, pool resources and achieve more. Since establishment, the Foundation has advanced economic development in the 20-county region with total investments of more than $38 million. In 2007, donors contributed to regional endowment funds valued at close to $27 million.

    Owatonna MN | EIN: 36-3454285
    Is this your nonprofit?
    This charity has not opted into the donation platform. Donations via the Giving Basket will still reach the charity.
    501(c)(3) organization
    525 Florence Avenue, P.O. Box 695,
    Owatonna MN 55060
    https://www.smifoundation.org/
    507-455-3215

    Beacon Report

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    • Good
    • Needs Improvement
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    • Not Scored
    • Additional Information
    Accountability Panel
    ScoreMetric
    100%
    Website Reported on Tax Form:Yes
    100%
    No Material Diversion of Assets:Yes
    100%
    Financial Statements:Yes
    100%
    Audit Oversight Committee:Yes
    100%
    No Loans Reported To or From Officers:Yes
    100%
    Records Retention Policy:Yes
    0%
    Tax Form Disclosed on Website:No
    Science behind the numbers(opens in new tab)