SMIF FACTS

SOUTHERN MINNESOTA INITIATIVE FOUNDATION INVESTS
FOR ECONOMIC GROWTH IN 20 SOUTHERN MINNESOTA COUNTIES

VISION

Southern Minnesota will be a prosperous and growing region with vibrant communities, innovative and successful businesses, and a skilled and valued workforce.

MISSION

Southern Minnesota Initiative Foundation promotes regional economic opportunities and collaborations with a focus on entrepreneurs and early childhood development.

CATALYST FOR ECONOMIC GROWTH

  • Invested over $91 million in region since 1986
    • $39.6 million—programming
    • $25.5 million—loans
    • $26 million—grants
  • Leveraged $11 for every $1 in local contributions
  • Regional endowment fund exceeds $32 million
  • Awards $5 million annually through grants, loans, and program support
  • Acts as a regional collaborator

FOCUS AREAS:

    ENTREPRENEUR DEVELOPMENT

  • Financial Support
  • Business Expertise

    EARLY CHILDHOOD DEVELOPMENT

  • Social Emotional Initiatives
  • School Readiness Support

    COMMUNITY DEVELOPMENT

  • Community and Designated Funds
  • Farmland Retention
  • Community Growth Initiative

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IRA Charitable Rollover

An IRA rollover allows people age 70½ and older to reduce their taxable income by making a gift directly from their IRA.
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