Public Charity

SOUTHWEST INITIATIVE FOUNDATION

SOUTHWEST INITIATIVE FOUNDATION is a Public Charity headquartered in HUTCHINSON, MN. Financial data from the 2025 filing: $14.7M revenue, $11.4M expenses, $123.4M total assets. 57 publicly reported grants to this organization, totaling roughly $3.6M, appear in IRS filings.

EIN: 411555592 HUTCHINSON, MN Business & Industry NTEE: S40 Latest filing: 2025
Total Revenue$14.7M
Total Expenses$11.4M
Total Assets$123.4M
Grant Records57
Funding Total$3.6M
Filing Years2021–2025

Mission

SOUTHWEST INITIATIVE FOUNDATION'S (SWIF'S) ORIGINAL MISSION WAS TO STRENGTHEN SOUTHWEST MINNESOTA IN THREE WAYS: IMPROVING THE REGION'S ECONOMIC SELF-RELIANCE, OVERCOMING HUMAN DISTRESS, AND PROMOTING REGIONAL LEADERSHIP COORDINATION AND PARTNERSHIPS. THE FOUNDATION CONTINUES TO ADDRESS THESE BROAD AREAS AND SERVE AS A PARTNER THROUGH BUSINESS FINANCE AND ECONOMIC DEVELOPMENT, GRANTMAKING AND COMMUNITY PROGRAMMING, AND COMMUNITY GIVING AND PHILANTHROPY.THE LASTING OUTCOME OF THIS WORK IS ECONOMIC MOBILITY FOR ALL PEOPLE IN SOUTHWEST MINNESOTA TO ATTAIN A REASONABLE STANDARD OF LIVING, EXPERIENCE THE DIGNITY THAT COMES FROM HAVING POWER AND AUTONOMY OVER THEIR LIVES, AND BE ENGAGED IN AND VALUED BY THEIR COMMUNITY.

Where $100 goes at Southwest Initiative Foundation

How Southwest Initiative Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$80 Programs the work itself
$14 Management running the organization
$6 Fundraising raising the next dollar

Inside the $80 for programs

$37
Economic development
46% of program spending
$28
Community foundation program
35% of program spending
$15
Community impact
19% of program spending · Reported in the filing: 14 participants
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BUSINESS FINANCE DIRECTOR Amy Woitalewicz
VICE CHAIR Daniel Greve
BOARD MEMBER Erica Volkir
CFO Margie Nelsen
BOARD CHAIR Mary Christine Rock
CHIEF ADMINISTRATIVE OFFICER Melissa Maiers

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$3,134,749 41 grants
Economic Development
$200,000 1 grant
Human & Social Services
$45,600 3 grants
Health & Medicine
$32,000 2 grants
Education
$13,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $14.7M $11.4M $123.4M
2024 $11.6M $10.1M $114.6M
2023 $13.3M $10.3M $108.2M
2022 $19.7M $11.3M $100.4M
2021 $12.7M $11.8M $108.7M

Between 2021 and 2025, reported annual revenue grew from $12.7M to $14.7M (+16%), with total assets most recently reported at $123.4M.

Interactive year-over-year charts and full filing details available with membership.

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