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Southwest Initiative Foundation

HUTCHINSON, MN EIN: 41-1555592 Website

Southwest Initiative Foundation is a regional community foundation headquartered in Hutchinson, Minnesota. Founded in 1986, the organization serves as a catalyst for economic and social growth across southwest Minnesota through leadership development, relationship building, program development, and philanthropy. The foundation operates as a 501(c)(3) nonprofit organization and functions as a community foundation that pools charitable donations from individuals, families, businesses, and other entities to support local causes.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$114.6M

+6.0% YoY

Annual Giving

$2.4M

-43.8% YoY

Grant Count

93

+27.4% YoY

Avg Grant Size

$26K

-55.9% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission: The Southwest Initiative Foundation connects people, invests in ideas and builds communities. The organization envisions a southwest Minnesota where all people thrive.

Primary Focus Areas:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services
  • Economic Development
  • Community foundation affiliates and designated funds
  • Microloans and small business support
  • Child care professional development and support
  • Fostering welcoming communities

The foundation works from a position of community strength while addressing gaps in inclusion, equity, and access to opportunities for all southwest Minnesotans.

Grantmaking

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Geographic Focus

Where this funder awards grants

The foundation primarily serves southwest Minnesota, South Dakota, and Iowa. The organization supports community foundation affiliates and designated funds across communities in the region.

Grant Distribution by State

6states

Cities

ADRIANAPPLETONATWATERBALATONBEARDSLEYBELGRADEBELLINGHAMBEMIDJIBENSONBIRD ISLANDBLOOMINGTONBREWSTERBROOKINGSBUFFALO LAKECANBYCHANDLERCHASKACLARA CITYCLARKFIELDCLEMENTS

Financial History

Multi-year comparison from IRS filings

Assets: $114,617,884 (2024)

Total Giving: $4,883,898 (2024)

Total Revenues: $11,617,544 (2024)

Total Expenses: $10,063,990 (2024)

Annual Revenue: $4,513,861

Staffing: 26 employees (2024)

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$11M$16M$22M20202021202220232024
Metric202420232022
Total Assets$114,617,884$108,175,659$100,435,349
Revenue$11,617,544$13,272,478$19,655,047
Expenses$10,063,990$10,336,099$11,284,034
Qualifying Distributions
Net Investment Income$4,521,886$1,614,187$7,328,558
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$3M$4M$5M65 grants2020393 grants2021335 grants202273 grants202393 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

DEPARTMENT OF PUBLIC TRA…$255KCITY OF LITCHFIELD$152KCITY OF TYLER$89KCITY OF GRANITE FALLS$80KCITY OF BALATON$59KCITY OF MARSHALL$47KISD #2895 - JACKSON COUN…$33KCITY OF COTTONWOOD$32KBLUE AND GOLD EDUCATIONA…$32KELKS LODGE NUMBER 2287 INC$30K

Grant Size Distribution

250 grants across all recorded years

235<$50K6$50–100K4$100–250K4$250–500K1$500K–1M$1–5M$5M+

Open Grants

7 open opportunities from Southwest Initiative Foundation

Show all 7 →

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Key Executives:

  • Scott Marquardt: President
  • Margie Nelsen: Chief Financial Officer
  • Amy Woitalewicz: Business Finance Director
  • Melissa Maiers: Chief Administrative Officer

Board Structure: The foundation has a 12-member volunteer board of directors representing diverse geographic locations, professions, races, ethnicities, and backgrounds.

Compensation Overview

From 2024 IRS filing

SCOTT MARQUARDTPRESIDENT$147KMARGIE NELSENCFO$132KNANCY FASCHINGVICE PRESIDENT$123K

From 2024 filing

NameTitleHoursCompensation
SCOTT MARQUARDTPRESIDENT50$147,011
MARGIE NELSENCFO50$132,167
NANCY FASCHINGVICE PRESIDENT50$122,610
THOMAS BRAKKETREASURER4
TERRY GAALSWYKSECRETARY4
CHRISTINE ROCK HANTGECHAIR6
PATRICIA LOEHR-DOLSPAST CHAIR6
DANIEL GREVEVICE CHAIR4
ABDIRIZAK MAHBOUBBOARD MEMBER4
ERICA VOLKIRBOARD MEMBER4
KATHY WEHKINGBOARD MEMBER4
THERESA ZASKEBOARD MEMBER4

Recent News & Activity

Recent developments and announcements

2025

The foundation awarded $400,000 in grant funds through the 2025 Otto Bremer Trust Community Responsive Fund

Southwest Initiative Foundation awards $400,000 in grant funds through the\

Southwest Initiative Foundation received a CoBank Rural Prosperity Grant

Southwest Initiative Foundation awards $400,000 in grant funds through the\

The foundation awarded $400,000 in grant funds through the Otto Bremer Trust Community Responsive Fund

Southwest Initiative Foundation awards $400,000 in grant funds through the\

A $250,000 Cargill grant supported a unique rural arts space in Granite Falls

Southwest Initiative Foundation receives CoBank Rural Prosperity Grant -

The Bush Foundation granted $1.8 million to the Granite Falls community through the foundation

Southwest Initiative Foundation awards $400,000 in grant funds through the\

The organization celebrated its 40th anniversary, marking four decades of commitment to rural community development and demonstrating the foundation's sustained focus on building vibrant towns, strong families, and a resilient rural region.

Southwest Initiative Foundation receives CoBank Rural Prosperity Grant -

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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