From public IRS filings
SOUTHWEST INITIATIVE FOUNDATION
HUTCHINSON, MN · Community Improvement
Mission
OUR MISSION IS CONNECTING PEOPLE, INVESTING IN IDEAS AND BUILDING COMMUNITIES.
Financials (IRS Form 990)
Total revenue
$13.3M
Total expenses
$10.3M
Total assets
$108.2M
Program expense ratio
82%
Source: IRS Form 990, tax year 2022.
Who funds SOUTHWEST INITIATIVE FOUNDATION
$13.2M in foundation grants on record from 32 funders — matched from IRS 990 grant line items. Some matches may be approximate.
| Funder | Total given | Grants |
|---|---|---|
| Mcknight Foundation | $5.1M | 12 |
| Margaret A Cargill Foundation | $3.3M | 2 |
| Bush Foundation | $2.7M | 1 |
| Minneapolis Foundation | $623K | 2 |
| Kahr Foundation-Ima | $382K | 2 |
| Saint Paul & Minnesota Foundation | $274K | 2 |
| Robert & Helen Remick Ch Foundation | $199K | 1 |
| Minnesota Council on Foundations | $130K | 1 |
| United Way of Nobles County | $100K | 1 |
| C K Blandin Foundation | $55K | 2 |
Leadership
SCOTT MARQUARDT — PRESIDENT/CEO (Principal officer)
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