Southern Minnesota Initiative Foundation

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.


Charity Navigator Ratings

Overall Rating

(4/4)|92.16 Score

Financial

(4/4)|98.72 Score

Accountability & Transparency

(3/4)|89 Score

EIN

36-3454285


Headquarter Address

525 Florence Avenue
P.O. Box 695
Owatonna, MN 55060