Public Charity

SOUTHWEST MINNESOTA STATE UNIVERSITY FOUNDATION

SOUTHWEST MINNESOTA STATE UNIVERSITY FOUNDATION is a nonprofit organization categorized as Public Charity based in MARSHALL, MN. Its most recent IRS filing (2025) reports revenue of $5.4M, expenses of $4.2M, total assets of $40.3M. Imperigo tracks 56 reported grant relationships connected to this organization totaling approximately $1.8M.

EIN: 237108470 MARSHALL, MN Latest filing: 2025
Total Revenue$5.4M
Total Expenses$4.2M
Total Assets$40.3M
Grant Records56
Funding Total$1.8M
Filing Years2020–2025

Mission

TO PROMOTE SOUTHWEST MINNESOTA STATE UNIVERSITY AND RAISE MONEY FOR SCHOLARSHIPS FOR STUDENTS.

Officers & Directors

DIRECTOR Al Anderson
PRESIDENT Brad Bacon
SECRETARY/TR Cindy Verschaetse
PAST PRESIDE Dave Werpy
DIRECTOR Duane Carrow
DIRECTOR Gary Range

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education & Awareness
$508,197 10 grants
WORKFORCE DEVELOPMENT
$200,000 1 grant
EDUCATION
$199,254 8 grants
Sponsorship
$152,500 3 grants
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
$119,598 4 grants

Financial Trends

Year Revenue Expenses Assets
2025 $5.4M $4.2M $40.3M
2024 $6.3M $3.7M $30.7M
2023 $7.7M $2.7M $28.6M
2021 $3.7M $2.9M $24.6M
2020 $4.2M $3.0M $22.4M

Between 2020 and 2025, reported annual revenue grew from $4.2M to $5.4M (+28%), with total assets most recently reported at $40.3M.

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

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