Together, we thrive.
You’re the reason we’re hopeful for the future of our region. Your innovative business ideas, your creative community projects, your genuine care for your neighbors, your generous support of the causes and people around you.
Our Fiscal Year 2022 annual impact report features three stories about working toward a southwest Minnesota where all people thrive.
Local volunteers in the communities of Russell, Tyler and Ruthton put their love of community in action by fundraising to support students and families with the RTR Educational Foundation. It is among more than 120 funds we host that support local communities, schools, and nonprofits, helping keep important resources in our communities. Read about RTR Educational Foundation.
Javier Valenzuela applied for a Grow Our Own grant to help cover costs of the Train 2 Thrive Judo program he started last year in Willmar. As the program’s leader, he makes sure kids who need extra support can learn martial arts, connect with someone who cares about them and have fun – for free. Read about Train 2 Thrive Judo.
In Walnut Grove, entrepreneurs and registered nurses Joleen Baumann and Dasha Mumm opened a new business with support from our loan programs. Kindred Spirits offers services for older adults including assessment of needs, coordination of care, navigating the health care system and advocacy. Read about Kindred Spirits.
All of this – and more – is made possible by the generosity, trust, and vision of thousands of people who care about southwest Minnesota and donate to Southwest Initiative Foundation and our family of funds. It’s possible because of you! Thank you for supporting our mission of connecting people, investing in ideas and building communities.
Thanks to support from our donors and friends, this year alone we…
- Awarded 1,029 grants totaling $6,620,292
- Disbursed 63 new loans totaling $2,502,354
Fiscal Year 2022 Grants and Loans
Grants from All Funds
Investing in what our kids need to succeed.
| Amount | Category |
|---|---|
| $774,997 | Vibrant and Welcoming Communities |
| $208,218 | Early Care and Education |
| $763,814 | K-12 Engagement |
| $213,806 | Basic Needs |
| $4,520,000 | Pandemic Business Recovery |
| $74,100 | Pathways to Meaningful Work |
| $65,357 | Strong and Healthy Families |
| $6,620,292 | TOTAL |
Loans Closed, By Industry
Supporting economic growth and vibrant communities.
| Amount | Industry |
|---|---|
| $80,000 | Food & Agriculture |
| $20,000 | Construction |
| $205,000 | Healthcare |
| $127,500 | Hospitality |
| $184,700 | Manufacturing |
| $40,000 | Nonprofit |
| $102,400 | Real Estate |
| $576,552 | Retail |
| $1,166,202 | Service |
| $2,502,354 | TOTAL |
Review Our Financial Statements
The notes to these statements are an integral part of the financials. Please email us or call us at 800-594-9480 to request our complete audited financials or financial statements from a previous fiscal year. Note: Our fiscal year runs from July 1 to June 30.
