2024 Annual Report

We are a community of people passionate about making a difference in southwest Minnesota.

We support local businesses, employees and families to foster economic mobility and provide grants and programs that create opportunities for all people to thrive in our communities. None of it happens without you: Your generous spirit makes southwest Minnesota a place like none other. Each year, we continue to see an increase in demand for our programs and resources. Your gifts help strengthen our communities to do good work together. Thank you!

$4,816,401

GRANTS from all funds

In fiscal year 2024, we awarded 686 grants totaling $4.8 million from all our funds to nonprofits and communities in our region.

$759,270 Aging in Place
$1,425,088 Economic Development
$1,540,092 Community Vitality
$352,498 Belonging and Inclusion
$739,452 Kids and Families

$2,786,482

LOANS closed by industry

In fiscal year 2024, we disbursed 59 new loans totaling $2.7 million to help launch and grow businesses in our region.

$37,778 Childcare
$30,000 Construction
$82,706 Economic Development
$50,000 Hospitality
$845,000 Manufacturing
$100,000 Nonprofit
$15,000 Real Estate
$261,742 Retail
$1,364,255 Service

Review Our Financial Statements

The notes to these statements are an integral part of the financials. Please email us or call (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. More recent financial documents will be added as they become available.