TY 2021 Form 990

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)
(1) DIANA D ANDERSON...................................................................... PRESIDENT/CEO	50.00 .................		X	174,139	0	34,782
(2) MARGIE NELSEN...................................................................... CFO	50.00 .................		X	123,505	0	5,521
(3) SCOTT MARQUARDT...................................................................... SR. VICE PRESIDENT	50.00 .................		X	115,004	0	22,850
(4) TERESA PETERSON...................................................................... BOARD MEMBER	4.00 .................	X		3,718	0	0
(5) PATTI LOEHR-DOLS...................................................................... CHAIR	4.00 .................	X	X	0	0	0
(6) RANDY REINKE...................................................................... PAST CHAIR	4.00 .................	X	X	0	0	0
(7) MARY CHRISTINE ROCK...................................................................... VICE CHAIR	4.00 .................	X	X	0	0	0
(8) DANIEL GREVE...................................................................... TREASURER	4.00 .................	X	X	0	0	0
(9) TERRY B GAALSWYK...................................................................... SECRETARY	4.00 .................	X	X	0	0	0
(10) TOM BRAKKE...................................................................... BOARD MEMBER	4.00 .................	X		0	0	0
(11) ABDIRIZAK MAHBOUB...................................................................... BOARD MEMBER	4.00 .................	X		0	0	0
(12) ERICA VOLKIR...................................................................... BOARD MEMBER	4.00 .................	X		0	0	0
(13) KATHY WEHKING...................................................................... BOARD MEMBER	4.00 .................	X		0	0	0
(14) BEN WILCOX...................................................................... BOARD MEMBER	4.00 .................	X		0	0	0
(15) THERESA ZASKE...................................................................... BOARD MEMBER	4.00 .................	X		0	0	0

- TIN:

SCHEDULE A
(Form 990)

Department of the Treasury
Internal Revenue Service

Public Charity Status and Public Support

Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
right arrow

Attach to Form 990 or Form 990-EZ.
right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2021

Open to Public
Inspection

Name of the organization

SOUTHWEST INITIATIVE FOUNDATION

Employer identification number

41-1555592

Part I

Reason for Public Charity Status (All organizations must complete this part.) See instructions.

The organization is not a private foundation because it is: (For lines 1 through 12, check only one box.)

A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i).

A school described in section 170(b)(1)(A)(ii). (Attach Schedule E (Form 990).)

A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).

A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name, city, and state:

An organization operated for the benefit of a college or university owned or operated by a governmental unit described in section 170(b)(1)(A)(iv). (Complete Part II.)

A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).

An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi). (Complete Part II.)

A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)

An agricultural research organization described in 170(b)(1)(A)(ix) operated in conjunction with a land-grant college or university or a non-land grant college of agriculture. See instructions. Enter the name, city, and state of the college or university:

An organization that normally receives: (1) more than 33 1/3% of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 33 1/3% of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)

An organization organized and operated exclusively to test for public safety. See section 509(a)(4).

An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box on lines 12a through 12d that describes the type of supporting organization and complete lines 12e, 12f, and 12g.

Type I. A supporting organization operated, supervised, or controlled by its supported organization(s), typically by giving the supported organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting organization. You must complete Part IV, Sections A and B.

Type II. A supporting organization supervised or controlled in connection with its supported organization(s), by having control or management of the supporting organization vested in the same persons that control or manage the supported organization(s). You must complete Part IV, Sections A and C.

Type III functionally integrated. A supporting organization operated in connection with, and functionally integrated with, its supported organization(s) (see instructions). You must complete Part IV, Sections A, D, and E.

Type III non-functionally integrated. A supporting organization operated in connection with its supported organization(s) that is not functionally integrated. The organization generally must satisfy a distribution requirement and an attentiveness requirement (see instructions). You must complete Part IV, Sections A and D, and Part V.

Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type III functionally integrated, or Type III non-functionally integrated supporting organization.

Enter the number of supported organizations ...............................

Provide the following information about the supported organization(s).

(i) Name of supported organization	(ii) EIN	(iv) Is the organization listed in your governing document?		(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)
(i) Name of supported organization	(ii) EIN	Yes	No	(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)


Total

For Paperwork Reduction Act Notice, see the Instructions for
Form 990 or 990-EZ.

Cat. No. 11285F

Schedule A (Form 990) 2021

Page 2

Part II

Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization failed to qualify under the tests listed below, please complete Part III.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2017	(b) 2018	(c) 2019	(d) 2020	(e) 2021	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") ..	5,931,424	3,674,093	6,744,893	8,969,349	11,533,461	36,853,220
2	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf....
3	The value of services or facilities furnished by a governmental unit to the organization without charge..
4	Total. Add lines 1 through 3	5,931,424	3,674,093	6,744,893	8,969,349	11,533,461	36,853,220
5	The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) ..						7,629,163
6	Public support. Subtract line 5 from line 4.						29,224,057

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2017	(b) 2018	(c) 2019	(d) 2020	(e) 2021	(f) Total
7	Amounts from line 4..	5,931,424	3,674,093	6,744,893	8,969,349	11,533,461	36,853,220
8	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources...	2,431,589	3,501,894	3,515,926	2,120,591	6,917,496	18,487,496
9	Net income from unrelated business activities, whether or not the business is regularly carried on..
10	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.)..
11	Total support. Add lines 7 through 10						55,340,716

Gross receipts from related activities, etc. (see instructions) ..................

2,722,926

First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here ........................................ right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2021 (line 6, column (f) divided by line 11, column (f)) .........

52.810 %

Public support percentage for 2020 Schedule A, Part II, line 14 ...............

54.330 %

16a

33 1/3% support test—2021. If the organization did not check the box on line 13, and line 14 is 33 1/3 % or more, check this box
and stop here. The organization qualifies as a publicly supported organization ....................... right arrow

33 1/3% support test—2020. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization ..................... right arrow

17a

10%-facts-and-circumstances test—2021. If the organization did not check a box on line 13, 16a, or 16b, and line 14
is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain
in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported
organization ..................................................... right arrow

10%-facts-and-circumstances test—2020. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line
15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here.
Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly
supported organization ................................................ right arrow

Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow

Schedule A (Form 990) 2021

Page 3

Part III

Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 10 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2017	(b) 2018	(c) 2019	(d) 2020	(e) 2021	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .
2	Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose
3	Gross receipts from activities that are not an unrelated trade or business under section 513 .....
4	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...
5	The value of services or facilities furnished by a governmental unit to the organization without charge
6	Total. Add lines 1 through 5
7a	Amounts included on lines 1, 2, and 3 received from disqualified persons
b	Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.
c	Add lines 7a and 7b..
8	Public support. (Subtract line 7c from line 6.)

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2017	(b) 2018	(c) 2019	(d) 2020	(e) 2021	(f) Total
9	Amounts from line 6...
10a	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
b	Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.
c	Add lines 10a and 10b.
11	Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on.
12	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) ..
13	Total support. (Add lines 9, 10c, 11, and 12.)..

First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization,
check this box and stop here............................................. right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2021 (line 8, column (f) divided by line 13, column (f)) .........

Public support percentage from 2020 Schedule A, Part III, line 15 ...............

Section D. Computation of Investment Income Percentage

Investment income percentage for 2021 (line 10c, column (f) divided by line 13, column (f)) ......

Investment income percentage from 2020 Schedule A, Part III, line 17 .............

19a

331/3% support tests—2021. If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ....... right arrow

33 1/3% support tests—2020. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization .... right arrow

Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions .... right arrow

Schedule A (Form 990) 2021

Page 4

Part IV

Supporting Organizations

(Complete only if you checked a box on line 12 of Part I. If you checked box 12a, of Part I, complete Sections A and B. If you checked box 12b, of Part I, complete Sections A and C. If you checked box 12c, of Part I, complete Sections A, D, and E. If you checked box12d, of Part I, complete Sections A and D, and complete Part V.)

Section A. All Supporting Organizations

Yes

Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.

Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).

Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer lines 3b and 3c below.

Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.

Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.

Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked box 12a or 12b in Part I, answer lines 4b and 4c below.

Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations.

Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.

Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer lines 5b and 5c below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed; (ii) the reasons for each such action; (iii) the authority under the organization's organizing document authorizing such action; and (iv) how the action was accomplished (such as by amendment to the organizing document).

Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?

Substitutions only. Was the substitution the result of an event beyond the organization's control?

Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (i) its supported organizations, (ii) individuals that are part of the charitable class benefited by one or more of its supported organizations, or (iii) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI.

Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990) .

Did the organization make a loan to a disqualified person (as defined in section 4958) not described on line 7? If “Yes,” complete Part I of Schedule L (Form 990).

Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons, as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.

Did one or more disqualified persons (as defined on line 9a) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.

Did a disqualified person (as defined on line 9a) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI.

10a

Was the organization subject to the excess business holdings rules of section 4943 because of section 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer line 10b below.

10a

Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).

10b

Schedule A (Form 990) 2021

Page 5

Part IV

Supporting Organizations (continued)

Yes

Has the organization accepted a gift or contribution from any of the following persons?

A person who directly or indirectly controls, either alone or together with persons described on lines 11b and 11c below, the governing body of a supported organization?

11a

A family member of a person described on 11a above?

11b

A 35% controlled entity of a person described on line 11a or 11b above? If “Yes” to 11a, 11b, or 11c, provide detail in Part VI.

11c

Section B. Type I Supporting Organizations

Yes

Did the officers, directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.

Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.

Section C. Type II Supporting Organizations

Yes

Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).

Section D. All Type III Supporting Organizations

Yes

Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (i) a written notice describing the type and amount of support provided during the prior tax year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?

Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).

By reason of the relationship described in line 2 above, did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.

Section E. Type III Functionally-Integrated Supporting Organizations

Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):

The organization satisfied the Activities Test. Complete line 2 below.

The organization is the parent of each of its supported organizations. Complete line 3 below.

The organization supported a governmental entity. Describe in Part VI how you supported a government entity (see instructions)

Activities Test. Answer lines 2a and 2b below.

Yes

Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.

Did the activities described on line 2a, above constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.

Parent of Supported Organizations. Answer lines 3a and 3b below.

Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations?If "Yes" or "No", provide details in Part VI.

Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of its supported organizations? If "Yes," describe in Part VI. the role played by the organization in this regard.

Schedule A (Form 990) 2021

Page 6

Part V

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations

Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970 (explain in Part VI). See instructions. All other Type III non-functionally integrated supporting organizations must complete Sections A through E.

	Section A - Adjusted Net Income		(A) Prior Year	(B) Current Year (optional)
1	Net short-term capital gain	1
2	Recoveries of prior-year distributions	2
3	Other gross income (see instructions)	3
4	Add lines 1 through 3	4
5	Depreciation and depletion	5
6	Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions)	6
7	Other expenses (see instructions)	7
8	Adjusted Net Income (subtract lines 5, 6 and 7 from line 4)	8

	Section B - Minimum Asset Amount		(A) Prior Year	(B) Current Year (optional)
1	Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year):	1
a	Average monthly value of securities	1a
b	Average monthly cash balances	1b
c	Fair market value of other non-exempt-use assets	1c
d	Total (add lines 1a, 1b, and 1c)	1d
e	Discount claimed for blockage or other factors (explain in detail in Part VI):
2	Acquisition indebtedness applicable to non-exempt use assets	2
3	Subtract line 2 from line 1d	3
4	Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions).	4
5	Net value of non-exempt-use assets (subtract line 4 from line 3)	5
6	Multiply line 5 by 0.035	6
7	Recoveries of prior-year distributions	7
8	Minimum Asset Amount (add line 7 to line 6)	8

	Section C - Distributable Amount		Current Year
1	Adjusted net income for prior year (from Section A, line 8, Column A)	1
2	Enter 85% of line 1	2
3	Minimum asset amount for prior year (from Section B, line 8, Column A)	3
4	Enter greater of line 2 or line 3	4
5	Income tax imposed in prior year	5
6	Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions)	6

Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see instructions)

Schedule A (Form 990) 2021

Page 7

Part V

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations(continued)

Section D - Distributions		Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes	1
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity	2
3 Administrative expenses paid to accomplish exempt purposes of supported organizations	3
4 Amounts paid to acquire exempt-use assets	4
5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI)	5
6 Other distributions (describe in Part VI). See instructions	6
7Total annual distributions. Add lines 1 through 6.	7
8 Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions	8
9 Distributable amount for 2021 from Section C, line 6	9
10 Line 8 amount divided by Line 9 amount	10

Section E - Distribution Allocations (see instructions)		(i) Excess Distributions	(ii) Underdistributions Pre-2021	(iii) Distributable Amount for 2021
1 Distributable amount for 2021 from Section C, line 6
2 Underdistributions, if any, for years prior to 2021 (reasonable cause required-- explain in Part VI). See instructions.
3 Excess distributions carryover, if any, to 2021:
a From 2016.......
b From 2017.......
c From 2018.......
d From 2019.......
e From 2020.......
fTotal of lines 3a through e
g Applied to underdistributions of prior years
h Applied to 2021 distributable amount
i Carryover from 2016 not applied (see instructions)
j Remainder. Subtract lines 3g, 3h, and 3i from line 3f.
4Distributions for 2021 from Section D, line 7:
$
a Applied to underdistributions of prior years
b Applied to 2021 distributable amount
c Remainder. Subtract lines 4a and 4b from line 4.
5 Remaining underdistributions for years prior to 2021, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions.
6 Remaining underdistributions for 2021. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions.
7 Excess distributions carryover to 2022. Add lines 3j and 4c.
8 Breakdown of line 7:
a Excess from 2017.....
b Excess from 2018.....
c Excess from 2019.....
d Excess from 2020.....
e Excess from 2021.....

Schedule A (Form 990) (2021)

Schedule A (Form 990) 2021

Page 8

Part VI

Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line 1e; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions).

Facts And Circumstances Test

Return Reference	Explanation

Schedule A (Form 990) 2021

Additional Data

Software ID:
Software Version:

- TIN:

Schedule B
(Form 990)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2021

Name of the organization

SOUTHWEST INITIATIVE FOUNDATION

Employer identification number

41-1555592

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990) (2021)

Schedule B (Form 990) (2021) Page 2

Name of organization SOUTHWEST INITIATIVE FOUNDATION

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
RESTRICTED	,	$ RESTRICTED	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Schedule B (Form 990) (2021)

Page 3

Name of organization SOUTHWEST INITIATIVE FOUNDATION		Employer identification number 41-1555592

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (2021)

Schedule B (Form 990) (2021)

Page 4


Name of organization SOUTHWEST INITIATIVE FOUNDATION			Employer identification number 41-1555592
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990) (2021)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE C
(Form 990)

Department of the Treasury
Internal Revenue Service

Political Campaign and Lobbying Activities

For Organizations Exempt From Income Tax Under section 501(c) and section 527

SchCMd Bullet

Complete if the organization is described below. SchCMd Bullet

Attach to Form 990 or Form 990-EZ.
SchCMd Bullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2021

Open to Public
Inspection

If the organization answered "Yes" on Form 990, Part IV, Line 3, or Form 990-EZ, Part V, line 46 (Political Campaign Activities), then
Round Bullet

Section 501(c)(3) organizations: Complete Parts I-A and B. Do not complete Part I-C.
Round Bullet

Section 501(c) (other than section 501(c)(3)) organizations: Complete Parts I-A and C below. Do not complete Part I-B.
Round Bullet

Section 527 organizations: Complete Part I-A only.
If the organization answered "Yes" on Form 990, Part IV, Line 4, or Form 990-EZ, Part VI, line 47 (Lobbying Activities), then
Round Bullet

Section 501(c)(3) organizations that have filed Form 5768 (election under section 501(h)): Complete Part II-A. Do not complete Part II-B.
Round Bullet

Section 501(c)(3) organizations that have NOT filed Form 5768 (election under section 501(h)): Complete Part II-B. Do not complete Part II-A.
If the organization answered "Yes" on Form 990, Part IV, Line 5 (Proxy Tax) (see separate instructions) or Form 990-EZ, Part V, line 35c (Proxy Tax) (see separate instructions), then
Round Bullet

Section 501(c)(4), (5), or (6) organizations: Complete Part III.

Name of the organization

SOUTHWEST INITIATIVE FOUNDATION

Employer identification number

41-1555592

Part I-A

Complete if the organization is exempt under section 501(c) or is a section 527 organization.

Provide a description of the organization’s direct and indirect political campaign activities in Part IV. See instructions for definition of “political campaign activities."

Political campaign activity expenditures. See instructions .................................................................... SchCMd Bullet

Volunteer hours for political campaign activities. See instructions ..................................................................

Part I-B

Complete if the organization is exempt under section 501(c)(3).

Enter the amount of any excise tax incurred by the organization under section 4955 ................................ SchCMd Bullet

Enter the amount of any excise tax incurred by organization managers under section 4955 ....................... SchCMd Bullet

If the organization incurred a section 4955 tax, did it file Form 4720 for this year? .........................................

Yes No

Was a correction made? ......................................................................................................................

Yes No

If "Yes," describe in Part IV.

Part I-C

Complete if the organization is exempt under section 501(c), except section 501(c)(3).

Enter the amount directly expended by the filing organization for section 527 exempt function activities ..... SchCMd Bullet

Enter the amount of the filing organization's funds contributed to other organizations for section 527 exempt function activities ............................................................................................................................ SchCMd Bullet

Total exempt function expenditures. Add lines 1 and 2. Enter here and on Form 1120-POL, line 17b........... SchCMd Bullet

Did the filing organization file Form 1120-POL for this year? ...................................................................

Yes No

Enter the names, addresses and employer identification number (EIN) of all section 527 political organizations to which the filing
organization made payments. For each organization listed, enter the amount paid from the filing organization’s funds. Also enter the amount of political contributions received that were promptly and directly delivered to a separate political organization, such as a separate segregated fund or a political action committee (PAC). If additional space is needed, provide information in Part IV.

(a) Name	(b) Address	(c) EIN	(d) Amount paid from filing organization's funds. If none, enter -0-.	(e) Amount of political contributions received and promptly and directly delivered to a separate political organization. If none, enter -0-.
1
2
3
4
5
6

For Paperwork Reduction Act Notice, see the instructions for Form 990.

Cat. No. 50084S

Schedule C (Form 990) 2021

Page 2

Part II-A

Complete if the organization is exempt under section 501(c)(3) and filed Form 5768 (election under section 501(h)).

A Check SchCMd Bullet

if the filing organization belongs to an affiliated group (and list in Part IV each affiliated group member's name, address, EIN, expenses, and share of excess lobbying expenditures).
B Check SchCMd Bullet

if the filing organization checked box A and "limited control" provisions apply.

Limits on Lobbying Expenditures (The term "expenditures" means amounts paid or incurred.)		(b) Affiliated group totals
1a	Total lobbying expenditures to influence public opinion (grass roots lobbying) ......................
b	Total lobbying expenditures to influence a legislative body (direct lobbying) ........................
c	Total lobbying expenditures (add lines 1a and 1b) ............................................................
d	Other exempt purpose expenditures ...............................................................................
e	Total exempt purpose expenditures (add lines 1c and 1d) ..................................................
f	Lobbying nontaxable amount. Enter the amount from the following table in both columns.
	If the amount on line 1e, column (a) or (b) is:The lobbying nontaxable amount is:
	Not over $500,00020% of the amount on line 1e.
	Over $500,000 but not over $1,000,000$100,000 plus 15% of the excess over $500,000.
	Over $1,000,000 but not over $1,500,000$175,000 plus 10% of the excess over $1,000,000.
	Over $1,500,000 but not over $17,000,000$225,000 plus 5% of the excess over $1,500,000.
	Over $17,000,000$1,000,000.

g	Grassroots nontaxable amount (enter 25% of line 1f) .................................................
h	Subtract line 1g from line 1a. If zero or less, enter -0-. ................................................
i	Subtract line 1f from line 1c. If zero or less, enter -0-. ................................................
j	If there is an amount other than zero on either line 1h or line 1i, did the organization file Form 4720 reporting section 4911 tax for this year? ...................................................................................................................	Yes No

4-Year Averaging Period Under Section 501(h) (Some organizations that made a section 501(h) election do not have to complete all of the five columns below. See the separate instructions for lines 2a through 2f.)
Lobbying Expenditures During 4-Year Averaging Period
	Calendar year (or fiscal year beginning in)	(a) 2018	(b) 2019	(c) 2020	(d) 2021	(e) Total

2a	Lobbying nontaxable amount

b	Lobbying ceiling amount (150% of line 2a, column(e))

c	Total lobbying expenditures

d	Grassroots nontaxable amount

e	Grassroots ceiling amount (150% of line 2d, column (e))

f	Grassroots lobbying expenditures

Schedule C (Form 990) 2021

Page 3

Part II-B

Complete if the organization is exempt under section 501(c)(3) and has NOT filed Form 5768 (election under section 501(h)).

For each "Yes" response on lines 1a through 1i below, provide in Part IV a detailed description of the lobbying activity.

(a)

Yes|No

(b)

Amount

During the year, did the filing organization attempt to influence foreign, national, state or local legislation, including any attempt to influence public opinion on a legislative matter or referendum, through the use of:

Volunteers? ...........................................................................................................

Paid staff or management (include compensation in expenses reported on lines 1c through 1i)? ........

Yes

Media advertisements? ...................................................................................................

Mailings to members, legislators, or the public? .............................................................................

Publications, or published or broadcast statements? ...........................................................

Grants to other organizations for lobbying purposes? ..........................................................

Direct contact with legislators, their staffs, government officials, or a legislative body? .......................

Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means? ..................

Other activities? ...................................................................................................................

Total. Add lines 1c through 1i ....................................................................................................

Did the activities in line 1 cause the organization to be not described in section 501(c)(3)? .....

If "Yes," enter the amount of any tax incurred under section 4912 ...........................................

If "Yes," enter the amount of any tax incurred by organization managers under section 4912 ...................

If the filing organization incurred a section 4912 tax, did it file Form 4720 for this year? ........................

Part III-A

Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6).

Yes

Were substantially all (90% or more) dues received nondeductible by members? ...............................................

Did the organization make only in-house lobbying expenditures of $2,000 or less? ............................................

Did the organization agree to carry over lobbying and political expenditures from the prior year? .................................

Part III-B

Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6) and if either (a) BOTH Part III-A, lines 1 and 2, are answered "No" OR (b) Part III-A, line 3, is answered “Yes."

Dues, assessments and similar amounts from members ......................................................................

Section 162(e) nondeductible lobbying and political expenditures (do not include amounts of political expenses for which the section 527(f) tax was paid).

Current year .............................................................................................................................

Carryover from last year ............................................................................................................

Total ...........................................................................................................................................

Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues .

If notices were sent and the amount on line 2c exceeds the amount on line 3, what portion of the excess does the organization agree to carryover to the reasonable estimate of nondeductible lobbying and political expenditure next year? ......................................................................................................................

Taxable amount of lobbying and political expenditures. See Instructions .........................................

Part IV

Supplemental Information

Provide the descriptions required for Part l-A, line 1; Part l-B, line 4; Part l-C, line 5; Part II-A (affiliated group list); Part II-A, lines 1 and 2 (see instructions), and Part ll-B, line 1. Also, complete this part for any additional information.

Return Reference	Explanation
PART II-B, LINE 1:	TESTIFIED AT STATE LEGISLATIVE HEARINGS ON BEHALF OF FUNDING BILLS THAT WOULD SUPPORT DEVELOPMENT OF RURAL CHILD CARE SERVICES, EXPANSION OF RURAL BROADBAND SERVICES, AND INVESTMENTS IN RURAL ECONOMIC AND WORKFORCE DEVELOPMENT PROGRAMS.

Schedule C (Form 990) 2021

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
SchDMd Bullet

Attach to Form 990.
SchDMd Bullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2021

Open to Public Inspection

Name of the organization

SOUTHWEST INITIATIVE FOUNDATION

Employer identification number

41-1555592

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.

		(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........	33	230
2	Aggregate value of contributions to (during year)	587,635	2,028,782
3	Aggregate value of grants from (during year)	406,387	6,213,905
4	Aggregate value at end of year ........	3,871,977	85,775,069

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................

Yes No

Part II

Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after 7/25/06, and not on a historic structure listed in the National Register ...	2d

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year SchDMd Bullet

Number of states where property subject to conservation easement is located SchDMd Bullet

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............

Yes No

Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet

Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet

Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................

Yes No

In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.

If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:

(i)

Revenue included on Form 990, Part VIII, line 1 ......................... SchDMd Bullet

(ii)

Assets included in Form 990, Part X ............................... SchDMd Bullet

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:

Revenue included on Form 990, Part VIII, line 1 .......................... SchDMd Bullet

Assets included in Form 990, Part X ............................... SchDMd Bullet

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 52283D

Schedule D (Form 990) 2021

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):

Public exhibition

Loan or exchange programs

Scholarly research

Other

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.

During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...

Yes No

Part IV

Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...

Yes No

If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....

Part V

Endowment Funds.
Complete if the organization answered "Yes" on Form 990, Part IV, line 10.

		(a) Current year	(b) Prior year	(c) Two years back	(d) Three years back	(e) Four years back

1a	Beginning of year balance ....	67,222,638	54,745,386	55,881,915	55,251,515	51,425,215
b	Contributions ...	1,102,840	1,156,537	598,604	752,309	2,952,055
c	Net investment earnings, gains, and losses	-8,906,232	13,944,769	920,282	2,392,509	3,160,317
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...	2,751,849	2,624,054	2,655,415	2,514,418	2,286,072
f	Administrative expenses ....
g	End of year balance ......	56,667,397	67,222,638	54,745,386	55,881,915	55,251,515

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment SchDMd Bullet

27.910 %

Permanent endowment SchDMd Bullet

68.010 %

Term endowment SchDMd Bullet

4.080 %

The percentages on lines 2a, 2b, and 2c should equal 100%.

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) Unrelated organizations .................

3a(i)

(ii) Related organizations .................

3a(ii)

If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........

Describe in Part XIII the intended uses of the organization's endowment funds.

Part VI

Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property		(a) Cost or other basis (investment)	(b) Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value

1a	Land .....	1,015,000		1,015,000
b	Buildings ....	1,716,299	661,208	1,055,091
c	Leasehold improvements	224,841	209,384	15,457
d	Equipment ....	1,384,597	926,389	458,208
e	Other .....
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				2,543,756

Schedule D (Form 990) 2021

Page 3

Part VII

Investments - Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.

(a) Description of security or category (including name of security)	(b) Book value	(c) Method of valuation: Cost or end-of-year market value
(1) Financial derivatives.........
(2) Closely-held equity interests........
(3) Other (A) DONATED REAL ESTATE HELD AS INVESTMENTS	2,124,500	C
(B) FARMLAND WITH LIFE ESTATE	5,884,585	C
(C) CHARITABLE REMAINDER UNITRUST	193,250	C
(D) INVESTMENTS HELD IN TRUST	1,729,491	C
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)	9,931,826

Part VIII

Investments - Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

Part IX

Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.

(a) Description				(b) Book value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........

Part X

Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

1.(a) Description of liability	(b) Book value
(1) Federal income taxes
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	3,975,647
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Schedule D (Form 990) 2021

Page 4

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......			1	2,727,993
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a	-16,412,609
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ............	2d	69,518
e	Add lines 2a through 2d .....................			2e	-16,343,091
3	Subtract line 2e from line 1..................			3	19,071,084
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a	327,195
b	Other (Describe in Part XIII.) ...........	4b	256,768
c	Add lines 4a and 4b....................			4c	583,963
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......			5	19,655,047

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........			1	10,224,415
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d....................			2e	0
3	Subtract line 2e from line 1...................			3	10,224,415
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a	327,195
b	Other (Describe in Part XIII.) ............	4b	732,424
c	Add lines 4a and 4b.....................			4c	1,059,619
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......			5	11,284,034

Part XIII

Supplemental Information

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

Return Reference	Explanation
PART IV, LINE 2B:	ASSETS HELD ON DONOR'S BEHALF AT JUNE 30, 2022 AND 2021 CONSIST OF 21 FUNDS FOR BOTH THE YEARS THEN ENDED, IN WHICH THE BENEFICIARIES WERE DESIGNATED BY THE DONOR AT THE TIME THE FUNDS WERE ESTABLISHED. THEREFORE, THE FOUNDATION IS OBLIGATED TO SPECIFIC BENEFICIARIES WITH REGARDS TO THE DISTRIBUTION OF THESE FUNDS.
PART V, LINE 4:	THE SWIF GENERAL ENDOWMENT FUND IS ACCESSED THROUGH BOARD APPROVAL, GUIDED BY A SPENDING POLICY THAT ALLOWS RESOURCES TO BE USED TO SUPPLEMENT PROGRAM ACTIVITIES AND OPERATIONAL EXPENSES. OTHER DESIGNATED ENDOWED FUNDS ARE DIRECTED TO GRANTS AND EXPENSES RELATED TO THE DONOR'S ORIGINAL INTENT.
PART X, LINE 2:	THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR STATE INCOME TAX LAWS. THE FOUNDATION IS A NONPRIVATE FOUNDATION AND CONTRIBUTIONS TO THE ORGANIZATION QUALIFY AS A CHARITABLE TAX DEDUCTION BY THE CONTRIBUTOR. SWIF REAL ESTATE HOLDINGS LLC IS A 100% OWNED LLC AND IS CONSIDERED A DISREGARDED ENTITY FOR TAX PURPOSES. IT IS THE POLICY OF THE FOUNDATION, IN ACCORDANCE WITH GAAP, TO ASSESS ANY UNCERTAIN TAX PROVISIONS AND, IF NECESSARY, RECORD A TAX ASSET OR LIABILITY, AND THE RELATED INCOME TAX EXPENSE, FOR ANY UNCERTAIN TAX PROVISIONS. THE FOUNDATION DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS OR UNRELATED BUSINESS INCOME. THE FOUNDATION FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE FOUNDATION'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	CHANGE IN SPLIT INTEREST AGREEMENT 69,518.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	AGENCY FUND REVENUES 256,768.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	AGENCY FUND EXPENSES 90,242. PROVISION FOR LOAN LOSSES 642,182.

Schedule D (Form 990) 2021

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Schedule I
(Form 990)

Department of the Treasury
Internal Revenue Service

Grants and Other Assistance to Organizations,
Governments and Individuals in the United States

Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22.
lBullet

Attach to Form 990.
lBullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2021

Open to Public
Inspection

Name of the organization
SOUTHWEST INITIATIVE FOUNDATION

Employer identification number
41-1555592

Part I

General Information on Grants and Assistance

Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................

Yes No

Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.

Part II

Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient

that received more than $5,000. Part II can be duplicated if additional space is needed.

(a) Name and address of organization or government	(b) EIN	(c) IRC section (if applicable)	(d) Amount of cash grant	(h) Purpose of grant or assistance
(1) 1 JOURNEY FIT LLC 118 N 3RD ST STE 1 MARSHALL,MN56258	84-2981185		10,000	MAIN STREET COVID RELIEF GRANT
(2) 75 DINER LLC 920 S KNISS AVE LUVERNE,MN56156	82-4709238		15,000	MAIN STREET COVID RELIEF GRANT
(3) ADULT CLIENT TRAINING SERVICE INC 802 E FAIRVIEW AVE OLIVIA,MN56277	41-0912097	501C3	15,000	MAIN STREET COVID RELIEF GRANT
(4) ADVANCE OPPORTUNITIES 1401 PETERSON ST MARSHALL,MN56258	41-0875253		15,000	MAIN STREET COVID RELIEF GRANT
(5) AGAPE COUNSELING CENTER LLC 305 9TH ST WINDOM,MN56101	27-1673817		10,000	MAIN STREET COVID RELIEF GRANT
(6) AGRI-SYSTEMSSYSTEMS WEST INC 24054 MN HWY 22 LITCHFIELD,MN55355	41-0911830		15,000	MAIN STREET COVID RELIEF GRANT
(7) AIN-U-SHAMS INC 313 LITCHFIELD AVE SW 101 WILLMAR,MN56201	27-1590287		10,000	MAIN STREET COVID RELIEF GRANT
(8) AL DYRDAHL CONSTRUCTION LLC 630 1ST ST HAZEL RUN,MN56241	27-1879654		10,000	MAIN STREET COVID RELIEF GRANT
(9) AMERICAN LEGION POST #167 220 19TH AVE SW WILLMAR,MN56201	41-0156274	501C19	15,000	MAIN STREET COVID RELIEF GRANT
(10) AMERICAN LEGION POST 545 PO BOX 296 SPICER,MN56288	41-0857265	501C19	15,000	MAIN STREET COVID RELIEF GRANT
(11) APPLETON DENTAL CARE PA 32 S BEHL ST APPLETON,MN56208	81-1075228		15,000	MAIN STREET COVID RELIEF GRANT
(12) ARTS & MENTORING PROJECT 415 2ND ST E JASPER,MN56144	81-5340414	501C3	10,000	MISSION SUPPORT
(13) AUGUSTANA UNIVERSITY 2001 S SUMMIT AVE SIOUX FALLS,SD57197	46-0224588	501C3	9,280	ORGANIZATIONAL SUPPORT
(14) AUM WOOD PRODUCTS INC 8656 47TH ST NE SPICER,MN56288	27-2538705		10,000	MAIN STREET COVID RELIEF GRANT
(15) AUTO BARN INCORPORATED 1406 HIGHWAY 12 E WILLMAR,MN56201	47-3666314		10,000	MAIN STREET COVID RELIEF GRANT
(16) AVERA GRANITE FALLS 345 10TH AVE GRANITE FALLS,MN56241	84-3156881	501C3	6,500	GRANITE FALLS AMBULANCE VAPOTHERM
(17) B&E VENTURES LLC 312 4TH AVE SE PLATO,MN55370	37-1500568		10,000	MAIN STREET COVID RELIEF GRANT
(18) B3 RECRUITING LLC 19572 SIOUX HILLS RD HUTCHINSON,MN55350	84-3716263		10,000	MAIN STREET COVID RELIEF GRANT
(19) BACK TO NATURE WELLNESS CENTER INC 329 E HIGHWAY 12 STE 103 LITCHFIELD,MN55355	46-3371341		10,000	MAIN STREET COVID RELIEF GRANT
(20) BACKES TECHNOLOGY SERVICES INC 3113 3RD AVE SW WILLMAR,MN56201	41-1844046		15,000	MAIN STREET COVID RELIEF GRANT
(21) BACKYARD GARDEN CREATIONS LLC PO BOX 97 WATKINS,MN55389	26-2349800		10,000	MAIN STREET COVID RELIEF GRANT
(22) BAKER ELECTRIC SERVICES CORP 2608 FAIRWAY DR NE WILLMAR,MN56201	87-0689903		10,000	MAIN STREET COVID RELIEF GRANT
(23) BARGAINS & BLESSINGS 601 INDUSTRIAL DR SW WILLMAR,MN56201	81-0695030	501C3	15,000	MAIN STREET COVID RELIEF GRANT
(24) BELLINGHAM AMERICAN LEGION POST 441 2ND STREET 4TH AVENUE BELLINGHAM,MN56212	41-0840069	501C19	10,000	MAIN STREET COVID RELIEF GRANT
(25) BELOW ZERO FROZEN YOGURT LLC 45 WASHINGTON AVE E HUTCHINSON,MN55350	47-1741229		10,000	MAIN STREET COVID RELIEF GRANT
(26) BETHANY RYLAARSDAM 735 70TH AVE CHANDLER,MN56122	81-0807455		10,000	MAIN STREET COVID RELIEF GRANT
(27) BETHEL LUTHERAN CHURCH ELCA 411 BECKER AVE SW WILLMAR,MN56201	41-0721716	501C3	31,000	MISSION SUPPORT
(28) BETHESDA FOUNDATION OF WILLMAR 901 WILLMAR AVE SE WILLMAR,MN56201	41-1457903	501C3	8,000	MISSION SUPPORT
(29) BLACK CHERRY SMOKEHOUSE LLC 611 S 8TH ST OLIVIA,MN56277	85-0677270		15,000	MAIN STREET COVID RELIEF GRANT
(30) BLOCH SERVICES LLC 3060 60TH AVE NW MONTEVIDEO,MN56265	47-3914207		10,000	MAIN STREET COVID RELIEF GRANT
(31) BLUE AND GOLD EDUCATIONAL FOUNDATION - DIST 891 108 SAINT OLAF AVE N CANBY,MN56220	41-1522315	501C3	46,224	FISCAL YEAR 2022 DISBURSEMENT; CANBY HIGH SCHOOL SCHOLARSHIP AWARDS
(32) BMB COMPANIES INC 345 N MAIN ST RENVILLE,MN56284	86-1872215		15,000	MAIN STREET COVID RELIEF GRANT
(33) BODYTOGS LLC 886 6TH ST DAWSON,MN56232	81-4801561		10,000	MAIN STREET COVID RELIEF GRANT
(34) BONANZA EDUCATION CENTER PO BOX 234 ORTONVILLE,MN56278	81-0587239	EDUCATION	10,000	MAIN STREET COVID RELIEF GRANT
(35) BRENDA JACOBSEN 2000 9TH ST SW WILLMAR,MN56201	41-1887417		10,000	MAIN STREET COVID RELIEF GRANT
(36) BRIAN BAUNE 151 STATE HIGHWAY 68 WABASSO,MN56293	46-1512689		10,000	MAIN STREET COVID RELIEF GRANT
(37) BRIDGE STREET CUISINE INC 1201 E BRIDGE ST REDWOOD FALLS,MN56283	46-1754380		10,000	MAIN STREET COVID RELIEF GRANT
(38) BRITTANY LOOSBROCK 403 N OAKLEY ST LUVERNE,MN56156	86-1360509		10,000	MAIN STREET COVID RELIEF GRANT
(39) BRYAN'S SERVICE L L C 250 MAIN AVE W WINSTED,MN55395	46-5110917		10,000	MAIN STREET COVID RELIEF GRANT
(40) BUD'S BUS SERVICE INCORPORATED 620 STOWER DR WORTHINGTON,MN56187	41-1541690		15,000	MAIN STREET COVID RELIEF GRANT
(41) BUFFALO RIDGE WATER INC 107 11TH ST E CANBY,MN56220	26-2459691		10,000	MAIN STREET COVID RELIEF GRANT
(42) BUSINESS ARTS & RECREATION CENTER INC PO BOX 123 WINDOM,MN56101	41-2022824	501C3	10,000	MAIN STREET COVID RELIEF GRANT
(43) CANBY DEPUTY REGISTRAR INC 107 SAINT OLAF AVE N CANBY,MN56220	41-1789073		10,000	MAIN STREET COVID RELIEF GRANT
(44) CARL WUOLLET PAINTING LLC 74316 275TH ST DASSEL,MN55325	82-5219563		10,000	MAIN STREET COVID RELIEF GRANT
(45) CAROLINA CHAVEZ 133 MAIN ST S STE 3 HUTCHINSON,MN55350	82-2742186		10,000	MAIN STREET COVID RELIEF GRANT
(46) CARRIS HEALTH FOUNDATION 301 BECKER AVE SW WILLMAR,MN56201	41-1611555		8,000	MISSION SUPPORT
(47) CARS ON PATROL SHOP LLC 490 HIGHWAY 7 E HUTCHINSON,MN55350	26-4727576		10,000	MAIN STREET COVID RELIEF GRANT
(48) CASEY A JOHNSON PO BOX 159 STORDEN,MN56174	45-3803769		10,000	MAIN STREET COVID RELIEF GRANT
(49) CCL LOGISTICS LLC 3567 290TH AVE COTTONWOOD,MN56229	45-4693879		10,000	MAIN STREET COVID RELIEF GRANT
(50) CENTRAL POINTE INC 27788 STATE HIGHWAY 19 REDWOOD FALLS,MN56283	27-0688929		10,000	MAIN STREET COVID RELIEF GRANT
(51) CHACEY L MOIST 4477 21ST ST NW WILLMAR,MN56201	80-0761894		10,000	MAIN STREET COVID RELIEF GRANT
(52) CHAD R JOHANNECK 2724 9TH ST E GLENCOE,MN55336	20-0729001		10,000	MAIN STREET COVID RELIEF GRANT
(53) CHIPPEWA ENTERPRISES INC 808 ASHMORE AVE MONTEVIDEO,MN56265	41-0991801	501C3	15,000	MAIN STREET COVID RELIEF GRANT
(54) CHRISTINA J MESNER 593 PROSPECT AVE WINDOM,MN56101	81-2394300		10,000	MAIN STREET COVID RELIEF GRANT
(55) CHURCH OF ST ANTHONY PO BOX 158 LISMORE,MN56155	41-0695517	RELIGIOUS	12,000	WATER BASEMENT PROJECT
(56) CITY HALL BAR & GRILL LLC 112 E 1ST ST MINNEOTA,MN56264	81-4288938		10,000	MAIN STREET COVID RELIEF GRANT
(57) CITY OF CLARA CITY PO BOX 560 CLARA CITY,MN56222	41-6005049	GOVERNMENT	17,000	CHRISTMAS LIGHTING; POLICE EQUIPMENT
(58) CITY OF HENDRICKS PO BOX 86 HENDRICKS,MN56136	41-6005227	GOVERNMENT	10,000	HFD PUMPER TRUCK
(59) CITY OF IVANHOE PO BOX 54 IVANHOE,MN56142	41-6005261	GOVERNMENT	14,000	SCBA AIR PACK PROJECT
(60) CITY OF MADISON 404 6TH AVE MADISON,MN56256	41-6005335	GOVERNMENT	6,200	BIOME ART PROJECT
(61) CITY OF MARSHALL 344 W MAIN ST MARSHALL,MN56258	41-6005351	GOVERNMENT	22,600	PATHFINDERS: AFTER SCHOOL PROGRAM ENRICHMENT; MARSHALL HOUSING STUDY
(62) CITY OF TYLER PO BOX C TYLER,MN56178	41-6005587	GOVERNMENT	44,750	NEW TRACTOR; STORYWALK EXPERIENCE
(63) CITY OF WINDOM PO BOX 38 WINDOM,MN56101	41-6005647	GOVERNMENT	65,000	LOEHMAN PARK VETERANS MEMORIAL; SHELTER HOUSE BUILDING PROJECT
(64) CLARKFIELD ENTERPRISES INC PO BOX 457 CLARKFIELD,MN56223	41-1460806		15,000	MAIN STREET COVID RELIEF GRANT
(65) CLAY COYOTE ARTS INC PO BOX 363 HUTCHINSON,MN55350	81-2734162		10,000	MAIN STREET COVID RELIEF GRANT
(66) COFFEE & MORE LLC 202 PROGRESS WAY BOX 203 SPICER,MN56288	82-1430202		10,000	MAIN STREET COVID RELIEF GRANT
(67) COMMERCIAL GROUNDSKEEPING INC 23929 READ AVE WORTHINGTON,MN56187	81-4666558		10,000	MAIN STREET COVID RELIEF GRANT
(68) COMPASS OCCASIONS LLC 1287 DENVER AVE SE HUTCHINSON,MN55350	47-2650479		10,000	MAIN STREET COVID RELIEF GRANT
(69) CONSCIOUS CLEANING LLC PO BOX 405 WILLMAR,MN56201	46-2606899		10,000	MAIN STREET COVID RELIEF GRANT
(70) CORNERSTONE OF WILLMAR INC 1020 HIGHWAY 71 NE STE 102 WILLMAR,MN56201	41-1862795		10,000	MAIN STREET COVID RELIEF GRANT
(71) COTTONWOOD ECONOMIC DEVELOPMENT AUTHORITY 78 W MAIN ST COTTONWOOD,MN56229	41-6005075	GOVERNMENT	6,000	COTTONWOOD CHILD CARE CENTER
(72) CRCN INC 203 GARFIELD ST S LAKE BENTON,MN56149	27-1074473		10,000	MAIN STREET COVID RELIEF GRANT
(73) CREATIVE HEALING SPACE INC 709 10TH ST WORTHINGTON,MN56187	84-4123924	501C3	6,000	YOUTH HEALING ARTS
(74) CREATIVE INSPIRATIONS LLC 957 FRONTAGE RD E LITCHFIELD,MN55355	82-3960971		10,000	MAIN STREET COVID RELIEF GRANT
(75) CROW RIVER PLAYERS INC PO BOX 536 NEW LONDON,MN56273	41-1927142	501C3	10,000	MAIN STREET COVID RELIEF GRANT
(76) CROW RIVER SHARPENING LLC 18932 CSAH 9 DARWIN,MN55324	83-0955436		10,000	MAIN STREET COVID RELIEF GRANT
(77) D & J SCHWARTZ ENTERPRISES LLC 74911 240TH ST DASSEL,MN55325	82-2753146		10,000	MAIN STREET COVID RELIEF GRANT
(78) DJ FOODS OF MINNESOTA INC 206 3RD ST JACKSON,MN56143	41-1710723		15,000	MAIN STREET COVID RELIEF GRANT
(79) DANIEL G CONWAY 1911 25TH ST SLAYTON,MN56172	41-1694479		10,000	MAIN STREET COVID RELIEF GRANT
(80) DANIEL HORKEY 31398 900TH ST HERON LAKE,MN56137	27-4411516		10,000	MAIN STREET COVID RELIEF GRANT
(81) DANIEL L TOLLEFSON 108 MINNESOTA AVE SW WILLMAR,MN56201	41-1992396		15,000	MAIN STREET COVID RELIEF GRANT
(82) DATIMI LIMITED 530 W CHRISTENSON AVE BOX142 APPLETON,MN56208	41-1829279		10,000	MAIN STREET COVID RELIEF GRANT
(83) DAWSON HISTORICAL PROPERTIES PO BOX 35 DAWSON,MN56232	82-2367715	501C3	19,718	DAWSON BANK MUSEUM
(84) DEEM INC PO BOX 133 WABASSO,MN56293	20-3636534		10,000	MAIN STREET COVID RELIEF GRANT
(85) DEKEN TECHNOLOGIES LLC 6480 LONG LAKE RD WILLMAR,MN56201	82-4739320		10,000	MAIN STREET COVID RELIEF GRANT
(86) DENNIS L HOUG 221 S RAILROAD AVE JASPER,MN56144	41-1318212		10,000	MAIN STREET COVID RELIEF GRANT
(87) DIAMANTE NIGHT CLUB INCORPORATED 750 COUNTY ROAD 9 SE WILLMAR,MN56201	81-2421891		10,000	MAIN STREET COVID RELIEF GRANT
(88) DIRKS FINANCIAL SERVICES CORP 821 E LINCOLN AVE OLIVIA,MN56277	41-1533313		10,000	MAIN STREET COVID RELIEF GRANT
(89) DM DEPOT LLC 343 2ND AVE E FRANKLIN,MN55333	82-3341616		10,000	MAIN STREET COVID RELIEF GRANT
(90) DOREEN OSLAND 521 MAIN ST WALNUT GROVE,MN56180	81-2735709		10,000	MAIN STREET COVID RELIEF GRANT
(91) DOWNTOWN DINER LLC PO BOX 315 CLINTON,MN56225	82-5236694		10,000	MAIN STREET COVID RELIEF GRANT
(92) DROP-N-GO INC 124 4TH AVE NE HUTCHINSON,MN55350	75-3010109		10,000	MAIN STREET COVID RELIEF GRANT
(93) DUAL TOOL LLC 57115 880TH AVE STEWART,MN55385	83-0828923		10,000	MAIN STREET COVID RELIEF GRANT
(94) DUCTCAP PRODUCTS INC 2763 FAIRWAY DR NE WILLMAR,MN56201	13-4242133		10,000	MAIN STREET COVID RELIEF GRANT
(95) DWIGHT E LORENSEN 606 N SIBLEY AVE LITCHFIELD,MN55355	41-1594522		10,000	MAIN STREET COVID RELIEF GRANT
(96) EASTERN CARVER COUNTY SCHOOLS - DISTRICT #112 11 PEAVEY RD CHASKA,MN55318	41-6000464	EDUCATION	10,000	CHANHASSEN ELEMENTARY SCHOOL GARDEN SPACE REFRESH
(97) EBERSPACHER ENTERPRISES INC 2904 COUNTY ROAD 6 MARSHALL,MN56258	45-0501208		10,000	MAIN STREET COVID RELIEF GRANT
(98) ED OLSON AGENCY INC 241 N SIBLEY AVE LITCHFIELD,MN55355	41-0955349		10,000	MAIN STREET COVID RELIEF GRANT
(99) EDEN VALLEY PROPERTIES MN LLC PO BOX 26 EDEN VALLEY,MN55329	26-0053307		15,000	MAIN STREET COVID RELIEF GRANT
(100) EKA HOSPITALITY INC 1212 N BUSINESS HIGHWAY 71 WILLMAR,MN56201	76-0725054		10,000	MAIN STREET COVID RELIEF GRANT
(101) EMBRACE LLC 7143 196TH AVE NE NEW LONDON,MN56273	47-5288125		10,000	MAIN STREET COVID RELIEF GRANT
(102) ENGAN ASSOCIATES PA 311 4TH ST SW WILLMAR,MN56201	41-1737350		15,000	MAIN STREET COVID RELIEF GRANT
(103) FAMILY SURGERY CENTER LLC 1801 19TH AVE SW WILLMAR,MN56201	20-2053325		15,000	MAIN STREET COVID RELIEF GRANT
(104) FARM GIRL FRESH LLC 63175 250TH ST LITCHFIELD,MN55355	47-1010085		10,000	MAIN STREET COVID RELIEF GRANT
(105) FATTY DADDY AUTO INC 401 BENSON AVE SE WILLMAR,MN56201	47-2148163		15,000	MAIN STREET COVID RELIEF GRANT
(106) FAYE BREMER 626 S KNISS AVE STE 103 LUVERNE,MN56156	47-2784057		10,000	MAIN STREET COVID RELIEF GRANT
(107) FINSTAD WEEK POST 1639 1108 HIGHWAY 12 E WILLMAR,MN56201	41-0641376	501C19	10,000	MAIN STREET COVID RELIEF GRANT
(108) FOUNDATION FOR ESSENTIAL NEEDS 701 3RD ST N STE 203 MINNEAPOLIS,MN55401	27-4342240	501C3	10,000	FOOD SHELF ENGAGEMENT
(109) FOUNDATION FOR INNOVATION IN EDUCATION 1420 E COLLEGE DR MARSHALL,MN56258	82-4640555	501C3	20,000	LYON & MURRAY COUNTY CEO+ PROGRAM; WEST CENTRAL MINNESOTA CEO PROGRAM
(110) FOX RIVER GRAPHICS LLC 1200 OAKWOOD LN NW HUTCHINSON,MN55350	80-0681224		10,000	MAIN STREET COVID RELIEF GRANT
(111) FOXHOLE BREWHOUSE INCORPORATED PO BOX 1406 WILLMAR,MN56201	30-0819298		10,000	MAIN STREET COVID RELIEF GRANT
(112) FREETLY ELECTRIC INC 303 N 3RD ST KERKHOVEN,MN56252	41-0859059		15,000	MAIN STREET COVID RELIEF GRANT
(113) FRIENDS OF THE ORCHESTRA LTD 803 CHERYL AVE MARSHALL,MN56258	41-1799541	501C3	5,604	FISCAL YEAR 2022 DISBURSEMENT
(114) FRUTISSIMO LLC 1304 OXFORD ST WORTHINGTON,MN56187	84-4726751		10,000	MAIN STREET COVID RELIEF GRANT
(115) G & R ELECTRIC INC 168 4TH ST TRACY,MN56175	41-1867507		10,000	MAIN STREET COVID RELIEF GRANT
(116) G3 QUAD FREESTYLE INC 736 MAIN ST WABASSO,MN56293	27-2939571		10,000	MAIN STREET COVID RELIEF GRANT
(117) GAUER CHIROPRACTIC CLINIC PA 1706 10TH ST E GLENCOE,MN55336	41-1895982		10,000	MAIN STREET COVID RELIEF GRANT
(118) GIRL SCOUTS OF MINNESOTA & WISCONSIN RIVER VALLEYS 400 ROBERT ST S SAINT PAUL,MN55107	41-0693910	501C3	10,000	GIRL SCOUTS CONNECTZ IN WORTHINGTON
(119) GLACIAL LAKES DENTAL PLLC 509 16TH AVE SW WILLMAR,MN56201	46-1524199		10,000	MAIN STREET COVID RELIEF GRANT
(120) GLENCOE CO-OP ASSN 330 10TH ST E GLENCOE,MN55336	41-1952554		15,000	MAIN STREET COVID RELIEF GRANT
(121) GOEBEL FIXTURE CO 528 DALE ST SW HUTCHINSON,MN55350	41-0908456		25,000	MAIN STREET COVID RELIEF GRANT
(122) GREATER MILAN INITIATIVE PO BOX 128 MILAN,MN56262	26-0774267	501C3	10,000	MILAN KIDS CLUB
(123) GREGORY D BREYFOGLE 600 EUCLID AVE MILROY,MN56263	83-0512800		10,000	MAIN STREET COVID RELIEF GRANT
(124) GROUNDED GARDENS LLC 317 MAIN ST W SILVER LAKE,MN55381	83-1993705		10,000	MAIN STREET COVID RELIEF GRANT
(125) HASSAN A MOHAMUD 313 LITCHFIELD AVE SW STE 207 WILLMAR,MN56201	85-3396781		10,000	MAIN STREET COVID RELIEF GRANT
(126) HECTOR HISTORICAL CENTER PO BOX 482 HECTOR,MN55342	80-0260562	501C3	10,000	MAIN STREET COVID RELIEF GRANT
(127) HECTOR TILE COMPANY INC 721 MAIN ST S HECTOR,MN55342	41-1802533		10,000	MAIN STREET COVID RELIEF GRANT
(128) HENDRICKS COMMUNITY FOUNDATION PO BOX 86 HENDRICKS,MN56136	33-1067345	501C3	10,000	MULTIPURPOSE COURT
(129) HENNEN CHIROPRACTIC PLLC 317 W MAIN ST MARSHALL,MN56258	47-4113845		10,000	MAIN STREET COVID RELIEF GRANT
(130) HERITAGE EVENT CENTER L L C 3621 COUNTY HIGHWAY 8 TAUNTON,MN56291	46-3978363		10,000	MAIN STREET COVID RELIEF GRANT
(131) HICKORY LODGE BAR & GRILL LLC 2015 N HUMISTON AVE WORTHINGTON,MN56187	27-2544431		15,000	MAIN STREET COVID RELIEF GRANT
(132) HOFF LTD 163 8TH AVE GRANITE FALLS,MN56241	41-1993272		10,000	MAIN STREET COVID RELIEF GRANT
(133) HUBBARD UNITED METHODIST CHURCH 12150 BROADWAY RD PARK RAPIDS,MN56470	41-1364126	RELIGIOUS	10,000	UKRAINIAN REFUGEES
(134) HUBIN PUBLISHING COMPANY INC PO BOX 278 HECTOR,MN55342	41-1310716		10,000	MAIN STREET COVID RELIEF GRANT
(135) HUSTON-VADNAIS LLC PO BOX 201 BENSON,MN56215	20-0286155		10,000	MAIN STREET COVID RELIEF GRANT
(136) HUTCHINSON CENTER FOR THE ARTS PO BOX 667 HUTCHINSON,MN55350	26-2263988	501C3	10,000	MAIN STREET COVID RELIEF GRANT
(137) HUTCHINSON SWIM CLUB INC 990 GOEBEL CIR SW HUTCHINSON,MN55350	41-1844341	501C3	10,000	MAIN STREET COVID RELIEF GRANT
(138) INNOVATIVE FOAM INC 1164 BENJAMIN AVE UNIT 5 HUTCHINSON,MN55350	82-3664204		10,000	MAIN STREET COVID RELIEF GRANT
(139) INTELLI-CORE LLC 24094 MN 22 LITCHFIELD,MN55355	81-2171321		15,000	MAIN STREET COVID RELIEF GRANT
(140) ISD #2159 - BUFFALO LAKE-HECTOR-STEWART PO BOX 307 HECTOR,MN55342	41-1751593	EDUCATION	23,556	LITTLE STANGS LEARNING CENTER WORKFORCE; SPRING 2022 TEACHER'S GRANTS
(141) ISD #2180 - MACCRAY PO BOX 690 CLARA CITY,MN56222	41-1783004	EDUCATION	12,865	TEACHER REQUESTS
(142) ISD #2184 - LUVERNE PUBLIC SCHOOLS 709 N KNISS AVE LUVERNE,MN56156	41-6008465	EDUCATION	30,000	LUVERNE CHILD GUIDE PROGRAM; MICRO RECYCLING TECHNOLOGY
(143) ISD #2689 - PIPESTONE SCHOOLS 1401 7TH ST SW PIPESTONE,MN56164	41-1801895	EDUCATION	8,000	CHOIR ROBES
(144) ISD #2890 - RENVILLE COUNTY WEST SCHOOLS PO BOX 338 RENVILLE,MN56284	41-1813675	EDUCATION	45,243	RESTORE THE ROAR
(145) ISD #2895 - JACKSON COUNTY CENTRAL PO BOX 119 JACKSON,MN56143	41-1872029	EDUCATION	33,492	KIDS CLUB ADDITION AND REMODEL; GRANTS FOR TEACHERS; JACKSON COUNTY CENTRAL SCHOLARSHIPS
(146) ISD #2902 - RUSSELL TYLER RUTHTON PUBLIC SCHOOLS PO BOX 659 TYLER,MN56178	20-4928015	EDUCATION	115,042	RTR GREENHOUSE; GRAND PIANO; WEIGHT ROOM & ART CENTER; CHEERLEADING AND VOLLEYBALL PROGRAM; DONOR WALL; LIBRARY BINS AND MENTAL HEALTH BOOKS; SCHOOL BEAUTIFICATION
(147) ISD #2903 - ORTONVILLE PUBLIC SCHOOL 200 TROJAN DR ORTONVILLE,MN56278	41-6000273	EDUCATION	9,000	ELECTRONIC SIGN
(148) ISD #347 - WILLMAR 611 5TH ST SW WILLMAR,MN56201	41-6001746	EDUCATION	25,000	CHILD GUIDE PROGRAM
(149) ISD #378 - DAWSON-BOYD 848 CHESTNUT ST DAWSON,MN56232	41-6001874	EDUCATION	10,000	NEW SCOREBOARDS; SHOOTING PAVILION
(150) ISD #403 - IVANHOE PUBLIC SCHOOL PO BOX 9 IVANHOE,MN56142	41-6001990	EDUCATION	14,000	OUTDOOR COMMUNITY BASKETBALL COURT
(151) ISD #423 - HUTCHINSON 30 GLEN ST NW HUTCHINSON,MN55350	41-6002222	EDUCATION	13,187	2021 SCHOOL SUPPORT GRANTS; MANUFACTURING AND HEALTHCARE SUMMER EXPLORATORY CAMPS
(152) ISD #465 - LITCHFIELD SCHOOL 114 N HOLCOMBE AVE STE 110 LITCHFIELD,MN55355	41-6002290	EDUCATION	6,558	2022 TEACHER PROJECTS
(153) ISD #777 - BENSON PUBLIC SCHOOLS 1400 MONTANA AVE BENSON,MN56215	41-6004181	EDUCATION	25,000	PERFORMING ARTS CENTER CONCERT SERIES; NORTHSIDE RECREATION BASEBALL FIELD
(154) J & N SCHLAGEL ENTERPRISES II LTD 320 3RD ST S WINSTED,MN55395	20-1947305		15,000	MAIN STREET COVID RELIEF GRANT
(155) J&J BUILDERS CONSTRUCTION INC 1409 14TH AVE NE WILLMAR,MN56201	84-1935112		10,000	MAIN STREET COVID RELIEF GRANT
(156) JACKIE M TIESLER 228 N ST PAUL AVE FULDA,MN56131	20-3879334		10,000	MAIN STREET COVID RELIEF GRANT
(157) JACKSON COUNTY PO BOX 226 JACKSON,MN56143	41-0714417	GOVERNMENT	15,000	PROGRAMS, MATERIALS, AND PROJECTS (SECOND AWARD), PROGRAMS, MATERIALS, PROJECTS (FIRST AWARD)
(158) JAMES B LEHMANN 784 6TH ST DAWSON,MN56232	41-1609125		10,000	MAIN STREET COVID RELIEF GRANT
(159) JAMES V BUSSE 225 220TH AVE NW APPLETON,MN56208	41-1683246		10,000	MAIN STREET COVID RELIEF GRANT
(160) JANEL TOL 212 8TH ST W CANBY,MN56220	27-4678152		10,000	MAIN STREET COVID RELIEF GRANT
(161) JANETTE L PLUMMER 1605 1ST ST S STE A15 WILLMAR,MN56201	80-0174145		10,000	MAIN STREET COVID RELIEF GRANT
(162) JBM LLC 205 1ST ST W CANBY,MN56220	32-0443797		15,000	MAIN STREET COVID RELIEF GRANT
(163) JCDP ENTERPRISES LLC 2843 HIGHWAY 212 DAWSON,MN56232	81-1505647		10,000	MAIN STREET COVID RELIEF GRANT
(164) JEANNE SCHEALLER 27 MAIN ST N HUTCHINSON,MN55350	42-1750628		10,000	MAIN STREET COVID RELIEF GRANT
(165) JED-AIRE AVIATION LLC 340 20TH ST NW BENSON,MN56215	20-4477306		10,000	MAIN STREET COVID RELIEF GRANT
(166) JEFFREY B ANDERSON OD PLLC PO BOX 188 MONTEVIDEO,MN56265	45-4068977		10,000	MAIN STREET COVID RELIEF GRANT
(167) JESSICA MARLOW 102 W FLYNN ST REDWOOD FALLS,MN56283	84-3869668		10,000	MAIN STREET COVID RELIEF GRANT
(168) JOSEPH FITZGERALD 14564 110TH ST GLENCOE,MN55336	46-0963097		10,000	MAIN STREET COVID RELIEF GRANT
(169) JP TRANSPORT INC 1791 50TH AVE NE WILLMAR,MN56201	83-2372372		10,000	MAIN STREET COVID RELIEF GRANT
(170) JRRYOGA LLC 34 MAIN ST S HUTCHINSON,MN55350	83-2624659		10,000	MAIN STREET COVID RELIEF GRANT
(171) KADYL LOGISTICS INC 916 E SAINT PAUL ST LITCHFIELD,MN55355	27-0539096		10,000	MAIN STREET COVID RELIEF GRANT
(172) KANDIYOHI CARRIER LLC 604 29TH ST NW WILLMAR,MN56201	85-3136429		10,000	MAIN STREET COVID RELIEF GRANT
(173) KANDIYOHI COUNTY FOOD SHELF 624 PACIFIC AVE SW WILLMAR,MN56201	41-1432367	501C3	8,000	MISSION SUPPORT
(174) KATS HOG HEAVEN LLC 114 2ND AVE JACKSON,MN56143	81-4520802		10,000	MAIN STREET COVID RELIEF GRANT
(175) KAUFENBERG ENTERPRISES LLC 743 MAIN ST WABASSO,MN56293	84-3194609		10,000	MAIN STREET COVID RELIEF GRANT
(176) KAYCEE SINA 692 160TH AVE LUVERNE,MN56156	47-3073517		10,000	MAIN STREET COVID RELIEF GRANT
(177) KLEIN FOODS INC PO BOX 656 MARSHALL,MN56258	41-1512545		15,000	MAIN STREET COVID RELIEF GRANT
(178) KRAUSE LLC 22 JUNIPER ST N LESTER PRAIRIE,MN55354	81-4550459		10,000	MAIN STREET COVID RELIEF GRANT
(179) KRAVE WELLNESS STUDIO LLC 1867 HIGHWAY 75 CANBY,MN56220	84-1756528		10,000	MAIN STREET COVID RELIEF GRANT
(180) KRISTINE M SAND 140 8TH AVE STE 4 GRANITE FALLS,MN56241	47-5721703		10,000	MAIN STREET COVID RELIEF GRANT
(181) KRUPKE CHIROPRACTIC PLLC PO BOX 99 NEW LONDON,MN56273	81-3307111		10,000	MAIN STREET COVID RELIEF GRANT
(182) L TED ANDERSON DDS PA 620 BECKER AVE SW WILLMAR,MN56201	41-1443566		10,000	MAIN STREET COVID RELIEF GRANT
(183) LASER DYNAMICS INC 1164 BENJAMIN AVE HUTCHINSON,MN55350	41-1989362		10,000	MAIN STREET COVID RELIEF GRANT
(184) LEAGUE OF CHAMPS LLC 12973 134TH AVE NE SPICER,MN56288	81-2827442		15,000	MAIN STREET COVID RELIEF GRANT
(185) LEAH K WATZKE 246 MAIN ST S STE 4 HUTCHINSON,MN55350	20-3634253		10,000	MAIN STREET COVID RELIEF GRANT
(186) LEE-MAR RANCH & EQUINE CENTER INC PO BOX 151 GRANITE FALLS,MN56241	27-0601424	501C3	5,319	INDOOR ARENA HEATERS
(187) LIGHTFOOT OUTDOORS LLC 14384 300TH ST VESTA,MN56292	23-2480736		10,000	MAIN STREET COVID RELIEF GRANT
(188) LIVERMONT AUCTION SERVICE LLC PO BOX 204 PIPESTONE,MN56164	27-2876539		10,000	MAIN STREET COVID RELIEF GRANT
(189) LONE WOLF RECOVERY LLC PO BOX 163 WINSTED,MN55395	46-5199248		10,000	MAIN STREET COVID RELIEF GRANT
(190) LOVERUDE CROP SERVICES LLC 45988 STATE HIGHWAY 19 FAIRFAX,MN55332	81-0693587		10,000	MAIN STREET COVID RELIEF GRANT
(191) LSW SOUTHSIDE DEVELOPMENT LLC 300 14TH ST S STE 2 BENSON,MN56215	41-1817638		10,000	MAIN STREET COVID RELIEF GRANT
(192) LUTHER SEMINARY PO BOX 860747 MINNEAPOLIS,MN55486	41-1425961	501C3	8,000	MISSION SUPPORT
(193) LUVERNE BREW PARTNERS LLC 509 E MAIN ST LUVERNE,MN56156	45-5602963		15,000	MAIN STREET COVID RELIEF GRANT
(194) LUVERNE PIZZA RANCH INC 110 E MAIN ST LUVERNE,MN56156	41-1744616		15,000	MAIN STREET COVID RELIEF GRANT
(195) LUVERNE POWER FITNESS LLC 205 E MAIN ST LUVERNE,MN56156	45-2209509		10,000	MAIN STREET COVID RELIEF GRANT
(196) LYNETTE M LUSK 402 2ND ST JACKSON,MN56143	81-0843960		10,000	MAIN STREET COVID RELIEF GRANT
(197) MG INSURANCE AGENCY INCORPORATED 333 5TH ST SW WILLMAR,MN56201	41-1899056		10,000	MAIN STREET COVID RELIEF GRANT
(198) MADELINE K ROBINSON 2502 BROADWAY AVE SLAYTON,MN56172	38-3894791		10,000	MAIN STREET COVID RELIEF GRANT
(199) MALIK HOSPITALITY LLC 1017 FRONTAGE RD E LITCHFIELD,MN55355	81-5425999		10,000	MAIN STREET COVID RELIEF GRANT
(200) MAND ENTERPRISES LLC 16805 206TH CIR HUTCHINSON,MN55350	47-1055006		15,000	MAIN STREET COVID RELIEF GRANT
(201) MANUFACTURING NETWORK INC 31109 CSAH 19 KINGSTON,MN55325	72-1611601		15,000	MAIN STREET COVID RELIEF GRANT
(202) MARIA HAACK 37 WASHINGTON AVE E HUTCHINSON,MN55350	47-6313757		10,000	MAIN STREET COVID RELIEF GRANT
(203) MARSHALL DENTAL EXCELLENCE PLLC 1106 E COLLEGE DR MARSHALL,MN56258	84-3834152		15,000	MAIN STREET COVID RELIEF GRANT
(204) MCCORMICK'S FAMILY RESTAURANTS INC 1102 MINNESOTA HWY 15 HUTCHINSON,MN55350	41-1853829		15,000	MAIN STREET COVID RELIEF GRANT
(205) MCGOWAN LAWN & SNOW LLC 38818 STATE HIGHWAY 19 FRANKLIN,MN55333	81-0739004		10,000	MAIN STREET COVID RELIEF GRANT
(206) MEDIAUSA ADVERTISING INC PO BOX 189 LITCHFIELD,MN55355	41-1889066		15,000	MAIN STREET COVID RELIEF GRANT
(207) MELISSA AKER 2075 150TH AVE SE RAYMOND,MN56282	27-1903886		10,000	MAIN STREET COVID RELIEF GRANT
(208) MICHAEL & BRIDGET INC 413 MORRISON AVE JACKSON,MN56143	20-3301213		10,000	MAIN STREET COVID RELIEF GRANT
(209) MICHAEL D JUENEMANN CPA PROFESSIONAL ASSOCIATION PO BOX 184 GRANITE FALLS,MN56241	41-1877291		10,000	MAIN STREET COVID RELIEF GRANT
(210) MINNESOTA RIVER AREA AGENCY ON AGING 201 N BROAD ST STE 102 MANKATO,MN56001	26-1632413	501C3	79,100	AGE FRIENDLYCOMMUNITY BUILDING PROJECT (PHASE 5)
(211) MINNESOTA WOMEN OF TODAY FOUNDATION PO BOX 123 BENSON,MN56215	41-1439527	501C3	10,000	BENSON WOMEN OF TODAY
(212) MOHAMED HASSAN 428 LITCHFIELD AVE SW WILLMAR,MN56201	47-2713772		10,000	MAIN STREET COVID RELIEF GRANT
(213) MONTEVIDEO AREA CHAMBER OF COMMERCE 321 S 1ST ST STE 100 MONTEVIDEO,MN56265	41-0192910	501C6	10,000	MAIN STREET COVID RELIEF GRANT
(214) MUBARAK EXPRESS L L C 310 12TH ST SW WILLMAR,MN56201	47-1331534		10,000	MAIN STREET COVID RELIEF GRANT
(215) MUCH KNEADED MASSAGE LLC 765 SCHOOL RD NW APT 108 HUTCHINSON,MN55350	83-2803514		10,000	MAIN STREET COVID RELIEF GRANT
(216) MURRAY COUNTY EARLY CHILDHOOD INITIATIVE PO BOX 54 SLAYTON,MN56172	84-2124814	501C3	22,775	TO BENEFIT CHILDREN AGES BIRTH TO 5 IN MURRAY COUNTY.
(217) NANCY CHRISTENSEN 8080 93RD AVE NE SPICER,MN56288	41-1937655		10,000	MAIN STREET COVID RELIEF GRANT
(218) NARDUCCI HAIR DESIGN LLC 21443 CSAH 14 DARWIN,MN55324	81-2828926		10,000	MAIN STREET COVID RELIEF GRANT
(219) NATIONSAT INC 222 E MAIN ST LUVERNE,MN56156	41-1992619		15,000	MAIN STREET COVID RELIEF GRANT
(220) NEALRESULTS LLC 2312 122ND AVE NE SPICER,MN56288	85-3312580		10,000	MAIN STREET COVID RELIEF GRANT
(221) NEIGHBORS UNITED RESOURCE CENTER 415 9TH AVE STE 202 GRANITE FALLS,MN56241	41-1637586	501C3	6,000	FOOD SHELF NEEDS
(222) NEW MINNESOTAN REALTY LLC PO BOX 20 WILLMAR,MN56201	47-1685635		80,000	CULTURAL MALL OPERATOR GRANT
(223) NEXT STEP BROADCASTING INC 1450 HIGHWAY 60 71 N WINDOM,MN56101	85-1577327		15,000	MAIN STREET COVID RELIEF GRANT
(224) NIMCO QUEEN LLC 400 15TH WILLMAR,MN56201	83-4502579		10,000	MAIN STREET COVID RELIEF GRANT
(225) NORTHERN GEO LLC 75 W VEUM AVE APPLETON,MN56208	46-4596192		15,000	MAIN STREET COVID RELIEF GRANT
(226) NORTHERN INN INC PO BOX 660 SPICER,MN56288	26-0340312		10,000	MAIN STREET COVID RELIEF GRANT
(227) OASIS CARE HOME L L C 514 BRITZ DR LUVERNE,MN56156	81-2513498		15,000	MAIN STREET COVID RELIEF GRANT
(228) O'NEILS OF SPICER LLC 152 LAKE AVE N SPICER,MN56288	84-4155144		15,000	MAIN STREET COVID RELIEF GRANT
(229) OPDAHL CHIROPRACTIC PA 551 SW 1ST ST MONTEVIDEO,MN56265	82-2694050		10,000	MAIN STREET COVID RELIEF GRANT
(230) ORTONVILLE LODGE 407 LOYAL ORDER OF MOOSE 240 2ND ST NW ORTONVILLE,MN56278	41-0682399	501C8	10,000	MAIN STREET COVID RELIEF GRANT
(231) OUR SAVIOR'S LUTHERAN CHURCH 800 BLUFF ST NE HUTCHINSON,MN55350	41-0846440	501C3	10,000	CHILDCARE AREA EXPANSION
(232) PADEK INC 111 RAND ST HOLLOWAY,MN56249	41-1984370		10,000	MAIN STREET COVID RELIEF GRANT
(233) PETER GOETTL 712 10TH ST E GLENCOE,MN55336	46-5382412		10,000	MAIN STREET COVID RELIEF GRANT
(234) PFEFFER CONSTRUCTION LLC 7235 15TH AVE SW WILLMAR,MN56201	26-4610457		10,000	MAIN STREET COVID RELIEF GRANT
(235) PIONEER PBS 1 PIONEER DR GRANITE FALLS,MN56241	41-6038611	501C3	10,000	CAREGIVER: A LOVE STORY SCREENING & ENGAGEMENT EVENT
(236) PIPESTONE INDIAN SHRINE ASSOCIATION INCORPORATED PO BOX 727 PIPESTONE,MN56164	41-6043337		10,000	MAIN STREET COVID RELIEF GRANT
(237) PRAIRIE FIVE COMMUNITY ACTION COUNCIL PO BOX 159 MONTEVIDEO,MN56265	41-0904802	501C3	49,500	CHILD CARE SPECIALIST 2021; CTC PROMOTION AND VITA FREE TAX CLINIC; GROUP CDA COURSE
(238) PRAIRIE HOME HOSPICE AND COMMUNITY CARE 1108 E COLLEGE DR MARSHALL,MN56258	41-1494079	501C3	9,910	FISCAL YEAR 2022 DISBURSEMENT
(239) PRAIRIE SUPPORT SERVICES LLC 620 MAIN ST WALNUT GROVE,MN56180	47-3569642		10,000	MAIN STREET COVID RELIEF GRANT
(240) PRAIRIE WOODS ENVIRONMENTAL LEARNING CENTER 12718 10TH ST NE SPICER,MN56288	41-1366265	501C3	8,000	MISSION SUPPORT
(241) PRO TRANSPORTATION SERVICES INC 20627 US HIGHWAY 59 WORTHINGTON,MN56187	41-1769982		10,000	MAIN STREET COVID RELIEF GRANT
(242) R & J ENTERPRISES LLC 507 2ND ST JACKSON,MN56143	82-0984165		10,000	MAIN STREET COVID RELIEF GRANT
(243) R & J FREIGHT INC 38030 CSAH 25 PAYNESVILLE,MN56362	83-4249101		10,000	MAIN STREET COVID RELIEF GRANT
(244) R & J TOURS INC PO BOX 1034 WILLMAR,MN56201	41-1965780		15,000	MAIN STREET COVID RELIEF GRANT
(245) REDWOOD COUNTY PO BOX 130 REDWOOD FALLS,MN56283	41-6005879	GOVERNMENT	10,000	CHILD CARE FACILITY ANALYSIS
(246) REVERENCE FOR LIFE AND CONCERN FOR PEOPLE INC PO BOX 116 GRANITE FALLS,MN56241	41-0969859	501C3	25,000	MAIN STREET COVID RELIEF GRANT
(247) REYNOLDS TRANSPORT INC 720 CENTURY AVE SW STE 107 HUTCHINSON,MN55350	41-1819145		10,000	MAIN STREET COVID RELIEF GRANT
(248) RICHARD EHRENBERG 41373 600TH AVE CORRELL,MN56227	41-1509637		10,000	MAIN STREET COVID RELIEF GRANT
(249) RILEY BUS SERVICE INC 302 MAIN AVE MURDOCK,MN56271	41-1392613		10,000	MAIN STREET COVID RELIEF GRANT
(250) ROBIN REDMAN 402 BROADWAY AVE LAKEFIELD,MN56150	46-5515653		10,000	MAIN STREET COVID RELIEF GRANT
(251) ROGGE EXCAVATING INC 3065 170TH AVE GHENT,MN56239	26-4265411		15,000	MAIN STREET COVID RELIEF GRANT
(252) ROOSTIN RIDGE WOODWORKS LLC 116 ATLANTIC AVE ATWATER,MN56209	38-3922946		10,000	MAIN STREET COVID RELIEF GRANT
(253) RUSTAD BUS SERVICE INC 208 NORTH 12TH ST KERKHOVEN,MN56252	41-1452674		10,000	MAIN STREET COVID RELIEF GRANT
(254) RUSTIC BEAUTY INC PO BOX 142 ATWATER,MN56209	87-1046577		10,000	MAIN STREET COVID RELIEF GRANT
(255) RUSTIC HIDEAWAY BOUTIQUE LLC 113 N 3RD ST MARSHALL,MN56258	46-0993547		10,000	MAIN STREET COVID RELIEF GRANT
(256) SAMANTHA WEE 411 FRONT ST COTTONWOOD,MN56229	61-1949182		10,000	MAIN STREET COVID RELIEF GRANT
(257) SANBORN COMMUNITY DEVELOPMENT INC 698 CENTRAL ST SANBORN,MN56083	41-6172895		10,000	MAIN STREET COVID RELIEF GRANT
(258) SANDRA REBSTOCK 191 BROADWAY ST VESTA,MN56292	47-7862325		10,000	MAIN STREET COVID RELIEF GRANT
(259) SANDY SWANSON 115 W MAIN ST PIPESTONE,MN56164	26-1205207		10,000	MAIN STREET COVID RELIEF GRANT
(260) SANDY'S CAFE LLC 1601 MINNESOTA AVE BENSON,MN56215	84-2852906		10,000	MAIN STREET COVID RELIEF GRANT
(261) SANG H NGUYEN 702 11TH ST E GLENCOE,MN55336	45-1743949		10,000	MAIN STREET COVID RELIEF GRANT
(262) SARA FUENTES 201 4TH ST SW STE 4 WILLMAR,MN56201	83-3326229		10,000	MAIN STREET COVID RELIEF GRANT
(263) SARA J OLSON 229 LITCHFIELD AVE SW WILLMAR,MN56201	41-1983503		10,000	MAIN STREET COVID RELIEF GRANT
(264) SARAH J RUNCK 301 S DEKALB ST REDWOOD FALLS,MN56283	47-0912548		10,000	MAIN STREET COVID RELIEF GRANT
(265) SARAH PAWS RESORT LIMITED LIABILITY COMPANY 1751 230TH AVE CURRIE,MN56123	87-1595968		10,000	MAIN STREET COVID RELIEF GRANT
(266) SASSY SECONDS LLC 121 E MAIN ST LUVERNE,MN56156	84-2263875		10,000	MAIN STREET COVID RELIEF GRANT
(267) SCHOMMER'S CONCESSIONS & CATERING LLC 509 2ND ST DAWSON,MN56232	82-5008208		10,000	MAIN STREET COVID RELIEF GRANT
(268) SCHROEDER TRUCKING INC 82124 405TH ST BIRD ISLAND,MN55310	20-0929049		10,000	MAIN STREET COVID RELIEF GRANT
(269) SCHRUNK PROPERTIES A LIMITED PARTNERSHIP PO BOX 661 MARSHALL,MN56258	41-1953921		10,000	MAIN STREET COVID RELIEF GRANT
(270) SCHULTE LINE CLEARING INC 4718 250TH AVE GRANITE FALLS,MN56241	41-1798162		10,000	MAIN STREET COVID RELIEF GRANT
(271) SCO-TER INC 102 S 1ST ST MONTEVIDEO,MN56265	75-2981593		10,000	MAIN STREET COVID RELIEF GRANT
(272) SCOTT JOHNSON FUR CO INC 8571 HIGHWAY 71 S WILLMAR,MN56201	41-1409536		10,000	MAIN STREET COVID RELIEF GRANT
(273) SEINAB A JAMA 400 LITCHFIELD AVE SW STE 1 WILLMAR,MN56201	26-0223847		10,000	MAIN STREET COVID RELIEF GRANT
(274) SEWEARABLE DESIGNS INC 144 N MILES ST APPLETON,MN56208	45-5175377		10,000	MAIN STREET COVID RELIEF GRANT
(275) SHEAR DESIGN SALON LLC 1605 1ST ST S STE A8 WILLMAR,MN56201	83-2819003		10,000	MAIN STREET COVID RELIEF GRANT
(276) SHERLYN BROWNS DAYCARE PO BOX 52 RUSSELL,MN56169	45-1471012		10,000	MAIN STREET COVID RELIEF GRANT
(277) SHETEK LUTHERAN MINISTRIES 14 KEELEY ISLAND DR SLAYTON,MN56172	41-0726175	501C3	15,000	MAIN STREET COVID RELIEF GRANT
(278) SHOOTERS SPORTING CLAYS INC 10713 300TH ST MARSHALL,MN56258	41-1948168		10,000	MAIN STREET COVID RELIEF GRANT
(279) SIMPLY BLESSED BOUTIQUE LLC 10070 HIGHWAY 7 SW WATSON,MN56295	83-2218689		10,000	MAIN STREET COVID RELIEF GRANT
(280) SKEWES JEWELRY INC PO BOX 588 MARSHALL,MN56258	41-1226547		10,000	MAIN STREET COVID RELIEF GRANT
(281) SOTHON CORPORATION 1201 SUSAN DR MARSHALL,MN56258	41-1719629		10,000	MAIN STREET COVID RELIEF GRANT
(282) SOUTHWEST MINNESOTA PRIVATE INDUSTRY COUNCIL INC 607 W MAIN ST MARSHALL,MN56258	41-1487964	501C3	25,000	WORK AND LEARN COORDINATOR
(283) SOUTHWEST TABLE & CHAIR RENTAL LLC 114 PARK AVE PORTER,MN56280	82-2050477		10,000	MAIN STREET COVID RELIEF GRANT
(284) SPLIT ROCK BURGERS & BREWS LLC 102 WALDO AVE S IHLEN,MN56164	83-2626971		10,000	MAIN STREET COVID RELIEF GRANT
(285) SPURS CORPORATION 313 4TH ST SW 2 WILLMAR,MN56201	47-5649448		10,000	MAIN STREET COVID RELIEF GRANT
(286) ST ANASTASIA CATHOLIC CHURCH 460 LAKE ST SW HUTCHINSON,MN55350	41-0789375	RELIGIOUS	10,000	KIDS DEPOT DAYCARE PLAYGROUND PROJECT
(287) ST JAMES EPISCOPAL CHURCH 101 N 5TH ST MARSHALL,MN56258	41-6098516	RELIGIOUS	14,063	TO ENSURE THE LONG-TERM VITALITY OF ST. JAMES EPISCOPAL CHURCH OF MARSHALL.
(288) STEVE HEILING CONSTRUCTION LLP 31843 STATE HIGHWAY 68 REDWOOD FALLS,MN56283	41-1690653		10,000	MAIN STREET COVID RELIEF GRANT
(289) STEVEN G BEALS OD PA 209 N 1ST ST MONTEVIDEO,MN56265	41-1721967		10,000	MAIN STREET COVID RELIEF GRANT
(290) STREBLOW FAMILY ENTERPRISE LLC 810 PRENTICE ST GRANITE FALLS,MN56241	84-2505491		15,000	MAIN STREET COVID RELIEF GRANT
(291) SUNDERLAND ENGINEERING PLLC 2030 75TH ST SE MAYNARD,MN56260	45-5085604		10,000	MAIN STREET COVID RELIEF GRANT
(292) SUZANNE M SMITH 3375 220TH AVE N MINNEOTA,MN56264	27-4080350		10,000	MAIN STREET COVID RELIEF GRANT
(293) SWEET SPOT BAKE SHOP LLC 127 1ST ST SE FAIRFAX,MN55332	81-4258601		10,000	MAIN STREET COVID RELIEF GRANT
(294) T & J TRUCKING OF BALATON LLC 1825 110TH AVE BALATON,MN56115	27-4899919		10,000	MAIN STREET COVID RELIEF GRANT
(295) TAN U TANNING SALON LLC 1607 MCMILLAN ST WORTHINGTON,MN56187	81-3535510		10,000	MAIN STREET COVID RELIEF GRANT
(296) TATTLE TALES LLC 212 W MAIN ST MARSHALL,MN56258	81-1189368		10,000	MAIN STREET COVID RELIEF GRANT
(297) TAWAKAL FASHION STORE L L C 330 4TH ST SW 9 WILLMAR,MN56201	10-0764652		10,000	MAIN STREET COVID RELIEF GRANT
(298) TC AUDIOLOGY LLC 600 E PARK AVE STE 2 OLIVIA,MN56277	47-0962895		10,000	MAIN STREET COVID RELIEF GRANT
(299) TC'S TAVERN INC 1004 3RD AVE BREWSTER,MN56119	81-1189775		10,000	MAIN STREET COVID RELIEF GRANT
(300) TE DEO LLC 627 12TH ST E GLENCOE,MN55336	27-5563297		10,000	MAIN STREET COVID RELIEF GRANT
(301) TEMPLE CLEANERS INC 628 11TH ST E GLENCOE,MN55336	41-1843379		10,000	MAIN STREET COVID RELIEF GRANT
(302) THE COTTAGE FARMHOUSE LLC 16545 COUNTY ROAD 2 GLENCOE,MN55336	81-1947338		10,000	MAIN STREET COVID RELIEF GRANT
(303) THE DAILY GRIND MARSHALL LLC 316 W MAIN ST MARSHALL,MN56258	47-2060656		10,000	MAIN STREET COVID RELIEF GRANT
(304) THE FORTRESS 500 RUSSELL ST NW WILLMAR,MN56201	81-1201187	501C3	10,000	MAIN STREET COVID RELIEF GRANT
(305) THE MARSHALL GOLF CLUB INC PO BOX 502 MARSHALL,MN56258	41-0395645	501C7	15,000	MAIN STREET COVID RELIEF GRANT
(306) THE REST STOP LLC 513 2ND ST JACKSON,MN56143	85-1419526		10,000	MAIN STREET COVID RELIEF GRANT
(307) THE VILLAGE INC 1312 LAKELAND DR SE STE B WILLMAR,MN56201	82-1588804		10,000	MAIN STREET COVID RELIEF GRANT
(308) THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF WORTHINGTON MINNESOTA 1501 COLLEGEWAY WORTHINGTON,MN56187	41-6007569	501C3	22,912	MAIN STREET COVID RELIEF GRANT
(309) THERAPEUTIC MASSAGE CENTER ON PRENTICE LLC PO BOX 166 GRANITE FALLS,MN56241	27-1604056		10,000	MAIN STREET COVID RELIEF GRANT
(310) THREE HUNDRED MANAGEMENT LLC 568 S 1ST ST MONTEVIDEO,MN56265	83-2993500		10,000	MAIN STREET COVID RELIEF GRANT
(311) TIDY TIGHTWADS LLC 409 CALIFORNIA ST NW HUTCHINSON,MN55350	45-5074074		10,000	MAIN STREET COVID RELIEF GRANT
(312) TOLLEFSON ENTERPRISES INC 117 W MAIN ST LUVERNE,MN56156	41-1370456		15,000	MAIN STREET COVID RELIEF GRANT
(313) TONIA RIDLER 79084 140TH ST SACRED HEART,MN56285	47-2663353		10,000	MAIN STREET COVID RELIEF GRANT
(314) TONI'S DEPOT LLC 814 W MAIN ST MARSHALL,MN56258	27-1441710		10,000	MAIN STREET COVID RELIEF GRANT
(315) TRACY AREA CHAMBER OF COMMERCE 372 MORGAN ST TRACY,MN56175	41-0960597	501C6	10,000	MAIN STREET COVID RELIEF GRANT
(316) TRACY KID'S WORLD 310 PINE ST TRACY,MN56175	30-0125506	501C3	15,000	MAIN STREET COVID RELIEF GRANT
(317) TRC REAL ESTATE LLC 214 N SIBLEY AVE LITCHFIELD,MN55355	47-3461144		10,000	MAIN STREET COVID RELIEF GRANT
(318) TREC LLC 1305 E COLLEGE DR STE C MARSHALL,MN56258	83-4537920		10,000	MAIN STREET COVID RELIEF GRANT
(319) TRI-COUNTY ELECTRIC INCORPORATED PO BOX 753 LAKEFIELD,MN56150	46-4770449		10,000	MAIN STREET COVID RELIEF GRANT
(320) TWO KNIGHT LLC 1312 LAKELAND DR SE STE G WILLMAR,MN56201	27-2375759		10,000	MAIN STREET COVID RELIEF GRANT
(321) UNITED COMMUNITY ACTION PARTNERSHIP 1400 S SARATOGA ST MARSHALL,MN56258	41-0904860	501C3	42,500	CTC PROMOTION AND VITA FREE TAX CLINIC; BIG BUDDIES YOUTH MENTORING; GREAT LAKES MARTIAL ARTS PROGRAM
(322) UNITED WAY OF MCLEOD COUNTY PO BOX 504 HUTCHINSON,MN55350	41-6051875	501C3	10,000	DOLLY PARTON IMAGINATION LIBRARY RECHARGED 2021; LIVE UNITED: WELCOME BABIES!
(323) VANLEEUWE CONSTRUCTION LLC 2105 290TH ST MARSHALL,MN56258	45-3550420		10,000	MAIN STREET COVID RELIEF GRANT
(324) VANTAGEPOINT MARKETING CONSULTANTS LLC 221 W 2ND ST MORTON,MN56270	47-4117704		10,000	MAIN STREET COVID RELIEF GRANT
(325) VISION SYSTEMS & CONSULTING INC 104 9TH ST S OLIVIA,MN56277	41-1692998		10,000	MAIN STREET COVID RELIEF GRANT
(326) VIVY'S TAX SERVICE LLC 921 4TH AVE STE 20 WORTHINGTON,MN56187	45-4358684		10,000	MAIN STREET COVID RELIEF GRANT
(327) WB STAMPS FUNERAL CO PO BOX 157 MONTEVIDEO,MN56265	82-4266995		10,000	MAIN STREET COVID RELIEF GRANT
(328) WERMERSKIRCHEN LAW OFFICE PA 106 MINNESOTA AVE SW WILLMAR,MN56201	20-8943987		10,000	MAIN STREET COVID RELIEF GRANT
(329) WHEEL AND COG CHILDREN'S MUSEUM OF HUTCHINSON PO BOX 157 HUTCHINSON,MN55350	81-3324797	501C3	10,000	CAR SERVICE STATION; MEMBERSHIPS AND DOWN ON THE FARM
(330) WHY NOT TRAVEL LLC 716 1ST ST S WILLMAR,MN56201	84-2018315		10,000	MAIN STREET COVID RELIEF GRANT
(331) WILLIAM D BEASLEY 331 CYNTHIA ST MAYNARD,MN56260	41-1372577		10,000	MAIN STREET COVID RELIEF GRANT
(332) WILLMAR FINANCIAL INVESTMENT CORPORATION 2620 1ST ST S WILLMAR,MN56201	41-1356478		15,000	MAIN STREET COVID RELIEF GRANT
(333) WINDY'S WELLNESS INC PO BOX 404 KERKHOVEN,MN56252	83-3470737		10,000	MAIN STREET COVID RELIEF GRANT
(334) WORTHINGTON ELECTRIC INC 1437 MINNESOTA DR WORTHINGTON,MN56187	41-1992336		10,000	MAIN STREET COVID RELIEF GRANT
(335) ZEITZ CONCRETE LLC 35538 COUNTY ROAD 2 MORTON,MN56270	82-1311639		10,000	MAIN STREET COVID RELIEF GRANT

Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image

Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image

288

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50055P

Schedule I (Form 990) 2021

Page 2

Part III

Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.

(a) Type of grant or assistance	(b) Number of recipients	(c) Amount of cash grant	(d) Amount of noncash assistance	(e) Method of valuation (book, FMV, appraisal, other)	(f) Description of noncash assistance

(1) CARES ACT GRANTS	141	1,410,000
(1)
(2)
(3)
(4)
(5)
(6)
(7)

Part IV

Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.

Return Reference

Explanation

PART I, LINE 2:

THE GRANTS MANAGEMENT FUNCTION OF THE DATABASE IS THE REPOSITORY FOR ALL RECORDS RELATED TO GRANTS MADE AND/OR ASSISTANCE PROVIDED. SWIF CONDUCTS RESEARCH TO VERIFY THE ELIGIBILITY OF ALL GRANTEES, USING RESOURCES SUCH AS GUIDESTAR AND THE IRS PUBLICATION 78. FUNDS LEGALLY DEFINED AS DONOR-ADVISED FUNDS DESIGNATE SPECIFIC INDIVIDUALS AT THE START OF THEIR PARTNERSHIP WHO HAVE THE RIGHT TO SUBMIT GRANT RECOMMENDATIONS REGARDING ASSETS IN THE FUND; THOSE INDIVIDUALS ARE NAMED WITHIN THE LEGAL GIFT INSTRUMENT. OTHER COMPONENT FUNDS THAT OPERATE UNDER THE GUIDANCE OF LOCAL COMMUNITY MEMBERS MUST ANNUALLY SUBMIT A ROSTER OF MEMBERS.

Schedule I (Form 990) 2021

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Schedule J
(Form 990)

Department of the Treasury
Internal Revenue Service

Compensation Information

For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet

Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
SchJMediumBullet

Attach to Form 990.
SchJMediumBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2021

Open to Public Inspection

Name of the organization

SOUTHWEST INITIATIVE FOUNDATION

Employer identification number

41-1555592

Part I

Questions Regarding Compensation

Yes

Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.

First-class or charter travel Housing allowance or residence for personal use

Travel for companions Payments for business use of personal residence

Tax idemnification and gross-up payments Health or social club dues or initiation fees

Discretionary spending account Personal services (e.g., maid, chauffeur, chef)

If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .....

Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a? ....

Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.

Compensation committee Written employment contract

Independent compensation consultant Compensation survey or study

Form 990 of other organizations Approval by the board or compensation committee

During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:

Receive a severance payment or change-of-control payment? .............

Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........

Participate in, or receive payment from, an equity-based compensation arrangement? .........

If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.

Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:

The organization? ....................

Any related organization? .......................

If "Yes," on line 5a or 5b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:

The organization? ..................

Any related organization? ......................

If "Yes," on line 6a or 6b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............

Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III ..........................

If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50053T

Schedule J (Form 990) 2021

Page 2

Part II

Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.

For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.

(A) Name and Title		(B) Breakdown of W-2, 1099-MISC compensation, and/or 1099-NEC			(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)	(F) Compensation in column (B) reported as deferred on prior Form 990
(A) Name and Title		(i) Base compensation	(ii) Bonus & incentive compensation	(iii) Other reportable compensation	(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)
1DIANA D ANDERSON PRESIDENT/CEO	(i) (ii)	161,967 ------------- 0	279 ------------- 0	11,893 ------------- 0	8,283 ------------- 0	26,499 ------------- 0	208,921 ------------- 0	0 ------------- 0

Schedule J (Form 990) 2021

Page 3

Part III

Supplemental Information

Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.

Return Reference

Explanation

PART I, LINE 3

THE EXECUTIVE COMMITTEE REVIEWED INFORMATION FROM SIMILAR ORGANIZATION'S REPORTED SALARIES WHICH INCLUDED LOOKING AT OTHER ORGANIZATION'S 990'S AS WELL AS A SURVEY OF OTHER SIMILAR ORGANIZATION'S COMPENSATION PRACTICES. THE EXECUTIVE COMMITTEE REVIEWS THE COMPENSATION OF KEY EXECUTIVES OF THE FOUNDATION ANNUALLY AND APPROVES AT A REGULARLY SCHEDULED MEETING. SEE FURTHER DETAILS OF THIS PROCESS IN SCHEDULE O.

Schedule J (Form 990) 2021

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Schedule K
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information on Tax-Exempt Bonds

Complete if the organization answered "Yes" to Form 990, Part Ⅵ, line 24a. Provide descriptions,
explanations, and any additional information in Part Ⅵ.
SchKMediumBullet

Attach to Form 990.
SchKMediumBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2021

Open to Public
Inspection

Name of the organization
SOUTHWEST INITIATIVE FOUNDATION

Employer identification number
41-1555592

Part Ⅰ

Bond Issues

(a) Issuer name		(b) Issuer EIN	(c) CUSIP #	(d) Date issued	(e) Issue price	(f) Description of purpose	(g) Defeased		(h) On behalf of issuer		(i) Pool financing
(a) Issuer name		(b) Issuer EIN	(c) CUSIP #	(d) Date issued	(e) Issue price	(f) Description of purpose	Yes	No	Yes	No	Yes	No
A	MCLEOD COUNTY	41-6005841	582258AR0	03-10-2016	1,830,000	REFUNDED BONDS ISSUED ON 12/29/2005		X		X		X

Part Ⅱ

Proceeds

	A		B		C		D
	1 Amount of bonds retired ..................	1,360,000
2 Amount of bonds legally defeased ..............
3 Total proceeds of issue ..................	1,830,000
4 Gross proceeds in reserve funds .............
5 Capitalized interest from proceeds .............
6 Proceeds in refunding escrows ...............
7 Issuance costs from proceeds ...............	18,300
8 Credit enhancement from proceeds .............
9 Working capital expenditures from proceeds .............	4,908
10 Capital expenditures from proceeds .............
11 Other spent proceeds .............	1,806,792
12 Other unspent proceeds .............
13 Year of substantial completion .............
	Yes	No	Yes	No	Yes	No	Yes	No
14 Were the bonds issued as part of a current refunding issue of tax-exempt bonds (or, if issued prior to 2020, a current refunding issue)? ........	X
15 Were the bonds issued as part of an advance refunding issue of taxable bonds (or, if issued prior to 2020, an advance refunding issue)? ........		X
16 Has the final allocation of proceeds been made? ..........	X
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? ..................	X

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50193E

Schedule K (Form 990) 2021

Page 2

Part Ⅲ

Private Business Use

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? .............		X
2 Are there any lease arrangements that may result in private business use of bond-financed property? ...............		X
3a Are there any management or service contracts that may result in private business use of bond-financed property? .............		X
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property?
c Are there any research agreements that may result in private business use of bond-financed property? .............		X
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property?
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government ....
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government .........
6 Total of lines 4 and 5 .............
7 Does the bond issue meet the private security or payment test? ...		X
8a Has there been a sale or disposition of any of the bond-financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?.............		X
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of. ..
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? .............
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under Regulations sections 1.141-12 and 1.145-2? ........		X

Part Ⅳ

Arbitrage

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
1 Has the issuer filed Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate? ...		X
2 If "No" to line 1, did the following apply? ....
a Rebate not due yet? .......		X
b Exception to rebate? ........	X
c No rebate due? .........		X
If "Yes" to line 2c, provide in Part Ⅵ the date the rebate computation was performed ......
3 Is the bond issue a variable rate issue? .....		X

Schedule K (Form 990) 2021

Page 3

Part Ⅳ

Arbitrage (Continued)

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?		X
b Name of provider ..........
c Term of hedge .........
d Was the hedge superintegrated? ......
e Was the hedge terminated? ........
5a Were gross proceeds invested in a guaranteed investment contract (GIC)?		X
b Name of provider ..........
c Term of GIC .........
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? ........
6 Were any gross proceeds invested beyond an available temporary period?		X
7 Has the organization established written procedures to monitor the requirements of section 148? ...		X

Part Ⅴ

Procedures To Undertake Corrective Action

---------------------------------------------------------------------------------------------------------------	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations?		X

Part Ⅵ

Supplemental Information. Provide additional information for responses to questions on Schedule K. (See instructions).

Return Reference	Explanation

Schedule K (Form 990) 2021

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SCHEDULE M
(Form 990)

Department of the Treasury

Internal Revenue Service

Noncash Contributions

Complete if the organizations answered "Yes" on Form 990, Part IV, lines 29 or 30.
Right pointing arrow large image

Attach to Form 990.
Right pointing arrow large image

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2021

Open to Public Inspection

Name of the organization

SOUTHWEST INITIATIVE FOUNDATION

Employer identification number

41-1555592

Part I

Types of Property

	(a) Check if applicable	(b) Number of contributions or items contributed	(c) Noncash contribution amounts reported on Form 990, Part VIII, line 1g	(d) Method of determining noncash contribution amounts
1 Art—Works of art ....
2 Art—Historical treasures .
3 Art—Fractional interests ..
4 Books and publications ..
5 Clothing and household goods .......
6 Cars and other vehicles ..	X	1	100,000	FAIR MARKET VALUE
7 Boats and planes ....
8 Intellectual property ...
9 Securities—Publicly traded .	X	7	263,230	HI/LOW AVERAGE SALE
10 Securities—Closely held stock .
11 Securities—Partnership, LLC, or trust interests ....
12 Securities—Miscellaneous ..
13 Qualified conservation contribution—Historic structures .....
14 Qualified conservation contribution—Other ...
15 Real estate—Residential .
16 Real estate—Commercial ..
17 Real estate—Other ...
18 Collectibles .....
19 Food inventory ...
20 Drugs and medical supplies .
21 Taxidermy ......
22 Historical artifacts ....
23 Scientific specimens ..
24 Archeological artifacts ...
25 Other ( LEGAL REVIEW )	X	1	300	HOURLY RATE
26 Other ( )
27 Other ( )
28 Other ( )

Number of Forms 8283 received by the organization during the tax year for contributions
for which the organization completed Form 8283, Part IV, Donee Acknowledgement

Yes

30a

During the year, did the organization receive by contribution any property reported in Part I, lines 1 through 28, that it must hold for at least three years from the date of the initial contribution, and which isn't required to be used for exempt purposes for the entire holding period? ...................

30a

If "Yes," describe the arrangement in Part II.

Does the organization have a gift acceptance policy that requires the review of any nonstandard contributions?

Yes

32a

Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash

contributions? ..........................

32a

If "Yes," describe in Part II.

If the organization didn't report an amount in column (c) for a type of property for which column (a) is checked,

describe in Part II.

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 51227J

Schedule M (Form 990) (2021)

Page 2

Part IISupplemental Information. Provide the information required by Part I, lines 30b, 32b, and 33, and whether the organization is reporting in Part I, column (b), the number of contributions, the number of items received, or a combination of both. Also complete this part for any additional information.

Return Reference	Explanation
PART I, LINE 30B:	THERE WERE 9 ITEMS CONTRIBUTED DURING THE YEAR.

Schedule M (Form 990) (2021)

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SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2021

Open to Public
Inspection

Name of the organization

SOUTHWEST INITIATIVE FOUNDATION

Employer identification number

41-1555592

Return Reference	Explanation
FORM 990, PART III, LINE 1, ORGANIZIATION'S MISSION	OUR MISSION IS CONNECTING PEOPLE, INVESTING IN IDEAS AND BUILDING COMMUNITIES. IT IS LED BY A 12-MEMBER VOLUNTEER BOARD OF DIRECTORS-WHICH REPRESENTS DIVERSE GEOGRAPHIC LOCATIONS, PROFESSIONS, RACES, ETHNICITIES AND BACKGROUNDS-TOGETHER WITH SWIF'S PROFESSIONAL STAFF, AND MANY REGIONAL, COLLABORATIVE PARTNERS. SINCE 1986, SOUTHWEST INITIATIVE FOUNDATION (SWIF) HAS BEEN COMMITTED TO SOCIAL AND ECONOMIC GROWTH IN SOUTHWEST MINNESOTA. THE 18 COUNTIES AND TWO NATIVE NATIONS WE CALL HOME ARE CONTINUOUSLY EVOLVING, AND SWIF HAS GROWN AND RESPONDED TO OUR REGION'S CHANGING NEEDS. OUR WORK CAN LOOK DIFFERENT FROM ONE PROGRAM, PARTNERSHIP OR PLACE TO ANOTHER. OUR ORGANIZATIONAL VALUES OF EQUITY, INTEGRITY, CURIOSITY, COLLABORATION AND OPTIMISM GUIDE OUR WORK AND ENSURE WE BRING THE SAME CARE AND COMMITMENT TO EVERY INTERACTION. 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. WHILE OUR WORK CONTINUES TO ADDRESS THESE BROAD AREAS, THE CHANGING REGIONAL REALITY CALLS SWIF TO ACT IN NEW WAYS. IN 2016, SWIF ADOPTED A FOCUS WE'RE CALLING GROW OUR OWN TO CLOSE THE "OPPORTUNITY GAP"-THE WAYS IN WHICH SOCIOECONOMIC STATUS, COMMUNITY WEALTH, FAMILIAL SITUATIONS, RACE, ETHNICITY, ENGLISH PROFICIENCY, OR OTHER FACTORS IMPACT CHILDREN'S ABILITY TO REACH THEIR FULL POTENTIAL. OUR WORK TODAY REPRESENTS A DEEP HISTORY AND DETERMINED VISION FOR THE FUTURE: OUR VISION IS A SOUTHWEST MINNESOTA WHERE ALL PEOPLE THRIVE. MANY SOUTHWEST MINNESOTA CHILDREN AND FAMILIES ARE FACING OBSTACLES THAT REMOVE STEPPING STONES TO ECONOMIC MOBILITY. RURAL ECONOMIC MOBILITY AS WE DEFINE IT IS THE COLLECTIVE AMBITION AROUND A REASONABLE STANDARD OF LIVING, DIGNITY THAT COMES FROM HAVING POWER AND AUTONOMY OVER ONE'S LIFE, AND BEING ENGAGED AND VALUED IN THE COMMUNITY. WE HAVE A STRONG AND GROWING ECONOMY IN OUR REGION, AND AN INCLUSIVE APPROACH THAT REMOVES BARRIERS TO PARTICIPATION THAT WILL ENSURE ALL PEOPLE CAN ACCESS THE ABUNDANT OPPORTUNITIES. WE BELIEVE THE REGION'S FUTURE ECONOMIC SUCCESS DEPENDS ON THE SUCCESS OF OUR NEXT GENERATION. OUR KIDS TODAY ARE SOUTHWEST MINNESOTA'S FUTURE EMPLOYEES, ENTREPRENEURS, COMMUNITY LEADERS, VOLUNTEERS, HOMEOWNERS AND PARENTS. SWIF IS UNIQUELY POSITIONED TO PROVIDE LEADERSHIP FOR THE REGION ON THIS ISSUE, OFFERING A TRUSTED PERSPECTIVE THAT CAN UNITE EFFORTS AND LEADERS THROUGHOUT SOUTHWEST MINNESOTA. AS AN INDEPENDENT COMMUNITY FOUNDATION, SWIF CARRIES A LONG-TERM COMMITMENT TO THE REGION AND IS LEVERAGING OUTSIDE FUNDING AND EXPERTISE TO SUPPORT WORK IN OUR COMMUNITIES. SWIF ALSO HAS A DEEP HISTORY OF BRINGING PEOPLE TOGETHER FROM ALL SECTORS TO EXPLORE AND IMPLEMENT LOCAL SOLUTIONS. SWIF'S EXPERIENCE DELIVERING EDUCATION AND PROGRAMMING DIRECTLY ALIGNS WITH OUR CRADLE-TO-CAREER FRAMEWORK OF WHAT KIDS NEED TO SUCCEED: STRONG AND HEALTHY FAMILIES, HIGH-QUALITY EARLY CARE AND EDUCATION, ENGAGEMENT IN THE K-12 YEARS IN AND OUT OF SCHOOL, VIBRANT AND WELCOMING COMMUNITIES, AND PATHS TO CAREER AND WORKFORCE READINESS. THE "HOW" OF SWIF'S MISSION CONTINUES THROUGH BUSINESS FINANCE AND ECONOMIC DEVELOPMENT, GRANTMAKING AND COMMUNITY PROGRAMMING, AND COMMUNITY GIVING AND PHILANTHROPY. THE "WHY" IS OUR COMMITMENT TO GROW OUR OWN. WE BELIEVE THAT PREPARING THE NEXT GENERATION TO REACH THEIR FULL POTENTIAL IS A LONG-TERM ECONOMIC DEVELOPMENT STRATEGY WITH A TRIPLE BOTTOM LINE RETURN. OUR KIDS WIN-THEY ARE HEALTHY, WELL-EDUCATED, AND READY TO PARTICIPATE IN THE WORLD OF WORK. OUR COMMUNITIES WIN-PRECIOUS RESOURCES THAT MIGHT OTHERWISE GO TO SHORT-TERM REMEDIATION SUCH AS PUBLIC ASSISTANCE AND INCARCERATION ARE INSTEAD AVAILABLE FOR INVESTMENT IN INFRASTRUCTURE AND INNOVATION. AND OUR BUSINESSES WIN-MORE YOUNG PEOPLE ARE ENTERING THE WORLD OF WORK READY TO FULLY PARTICIPATE. MOST IMPORTANTLY, WE'RE SUPPORTING ALL OUR SOUTHWEST MINNESOTA KIDS BECAUSE IT'S SIMPLY THE RIGHT THING TO DO. THIS WORK IS MORE IMPORTANT THAN EVER AS WE SUPPORT RELIEF EFFORTS FOR PEOPLE MOST IMPACTED BY THE CORONAVIRUS PANDEMIC AND CRISES AFFECTING OUR ENTIRE COUNTRY. LONGSTANDING DISPARITIES THAT SEPARATE PEOPLE ALONG RACIAL AND ECONOMIC LINES-INCLUDING IN SOUTHWEST MINNESOTA-MUST BE ADDRESSED, AND WE ARE ASKING OUR FRIENDS AND PARTNERS TO BE PART OF THIS WORK. SWIF CONTINUES TO MOVE STRATEGIC WORK FORWARD, AS WELL AS PROVIDE THOUGHTFUL AND IMPACTFUL SUPPORT TO SOCIAL AND ECONOMIC RECOVERY.
FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS	FOSTERING ENTREPRENEURSHIP, SUPPORTING THE RETENTION AND EXPANSION OF EMPLOYERS, AND HELPING ENSURE A PIPELINE OF SKILLED AND AVAILABLE TALENT ARE CRITICAL FOR SWIF'S GROW OUR OWN INITIATIVE, A COMPREHENSIVE APPROACH TO HELP ALL SOUTHWEST MINNESOTA KIDS SUCCEED. SOUTHWEST INITIATIVE FOUNDATION PROVIDES FLEXIBLE AND INNOVATIVE ECONOMIC DEVELOPMENT FINANCE SOLUTIONS FOR BUSINESS RETENTION, EXPANSION, STARTUP AND OWNERSHIP SUCCESSION PROJECTS THROUGH ITS BUSINESS FINANCE PROGRAM AND ITS MICROENTERPRISE LOAN PROGRAM. ITS FINANCING PROGRAMS SUPPORT PROJECTS IN THE RETAIL, SERVICE, MANUFACTURING, CHILD CARE, HOSPITALITY, AND OTHER SECTORS, WITH A SPECIAL INTEREST IN SUPPORTING PROJECTS IN FOOD AND AGRICULTURE, MANUFACTURING, RENEWABLE ENERGY AND BIOSCIENCE. IN ADDITION, THE MICROENTERPRISE LOAN PROGRAM PROVIDES VALUABLE TECHNICAL ASSISTANCE FOR BORROWERS IN THE AREAS OF BUSINESS MANAGEMENT AND OPERATIONS, FINANCE AND ACCOUNTING, AND MARKETING. SWIF IS ESPECIALLY INTERESTED IN OPPORTUNITIES TO SUPPORT POPULATIONS WHO HAVE BEEN HISTORICALLY UNDERINVESTED IN BY THE MARKETPLACE INCLUDING WOMEN, BIPOC ENTREPRENEURS, VETERANS, PEOPLE WITH DISABILITIES, AND LOW-INCOME PEOPLE. SWIF ALSO OPERATES THE INITIATE PROSPERITY WEBSITE (IN PARTNERSHIP WITH NORTHERN ECONOMIC INITIATIVES CORPORATION) WWW.INITIATEPROSPERITY.ORG WHICH PROVIDES COMPREHENSIVE TECHNICAL ASSISTANCE RESOURCES INCLUDING INTERACTIVE TOOLS, TEMPLATES, VIDEOS AND GUIDES. SWIF IS A LENDER FOR THE MINNESOTA EMERGING ENTREPRENEUR LOAN PROGRAM THROUGH THE MINNESOTA DEPARTMENT OF EMPLOYMENT AND ECONOMIC DEVELOPMENT, IN ADDITION TO BEING A MICROLENDER THROUGH THE US SMALL BUSINESS ADMINISTRATION (SBA) AND A RURAL MICROENTREPRENEUR ASSISTANCE PROGRAM LENDER THROUGH THE US DEPARTMENT OF AGRICULTURE (USDA). SWIF WAS ALSO HEAVILY ENGAGED IN PANDEMIC-RELATED BUSINESS RELIEF PROGRAMS INCLUDING THE MINNESOTA SMALL BUSINESS RELIEF GRANTS PROGRAM, MINNESOTA SMALL BUSINESS LOAN GUARANTEE PROGRAM, AND THE MINNESOTA SMALL BUSINESS EMERGENCY LOAN PROGRAM. CHILD CARE IS THE FASTEST GROWING ECONOMIC DEVELOPMENT ISSUE FACING OUR REGION. SWIF HAS DEVELOPED A MULTI-FACETED RESPONSE FOCUSED ON FIVE ASPECTS: PROJECT INVESTMENT AND TECHNICAL ASSISTANCE, COMMUNITY PLANNING, PROFESSIONAL DEVELOPMENT, PUBLIC POLICY, AND PUBLIC RELATIONS. SWIF HAS SUPPORTED PROFESSIONAL DEVELOPMENT OF THE REGION'S ECONOMIC DEVELOPMENT PROFESSIONALS, IN ADDITION TO SPONSORING ECONOMIC DEVELOPMENT RELATED PROGRAMMING, EVENTS, AND RELATIONSHIP BUILDING OPPORTUNITIES. SWIF HAS ALSO SERVED AS A CONVENER, FACILITATOR, FUNDER, ADVOCATE, AND/OR PROGRAM ADMINISTRATOR FOR PROJECTS RELATED TO CAREER PATHWAYS AND CHILD CARE. OUR RURAL COMMUNITIES FACE UNIQUE CHALLENGES, AS WELL AS OPPORTUNITIES TO COLLABORATE AROUND THESE AND OTHER ISSUES. KEY ISSUES FACING OUR REGION'S ECONOMIC DEVELOPMENT INCLUDE CHILD CARE, HOUSING, AND BROADBAND.
FORM 990, PART III, LINE 4B, PROGRAM SERVICE ACCOMPLISHMENTS	SOUTHWEST INITIATIVE FOUNDATION HAS EMBARKED UPON A SHIFT IN FOCUSED PROGRAMMATIC WORK. WORK IN COMMUNITY IMPACT, ECONOMIC DEVELOPMENT AND PHILANTHROPY ARE BEING ALIGNED WITH THE DIRECTION THE BOARD AND LEADERSHIP AGREED TO GO-A COMPREHENSIVE APPROACH TO HELP ALL SOUTHWEST MINNESOTA KIDS SUCCEED, KNOWN AS THE GROW OUR OWN INITIATIVE. SWIF IS WELL-KNOWN AS A CONVENER AND FACILITATOR AND HAS HOSTED A SERIES OF GROW OUR OWN SUMMITS IN DECEMBER 2016 AND NOVEMBER OF 2018. THESE CONVENINGS EACH ATTRACTED APPROXIMATELY 500 INDIVIDUALS, ELECTED OFFICIALS, EMPLOYERS, COMMUNITY LEADERS, EDUCATORS AND STUDENTS TO HEAR A FULL LINE-UP OF EXPERTS LED BY ROBERT D. PUTNAM, MALKIN PROFESSOR OF PUBLIC POLICY AT HARVARD UNIVERSITY AND AUTHOR OF OUR KIDS: THE AMERICAN DREAM IN CRISIS AND NISHA PATEL OF THE U.S. PARTNERSHIP ON MOBILITY FROM POVERTY. SWIF STAFF BEGAN AN INTENSIVE COMMUNITY ENGAGEMENT PROCESS WITH SEVERAL REGIONAL COMMUNITIES TO COME UP WITH LOCAL SOLUTIONS TO SUPPORT THEIR OWN LOCAL KIDS. ANOTHER VALUABLE TOOL FOR THESE CONVERSATIONS IS THE GROW OUR OWN 30-MINUTE TELEVISION PROGRAM PRODUCED AND BROADCASTED TO 2.5 MILLION HOUSEHOLDS IN PIONEER PBS'S COVERAGE AREA. THIS IS A PRIME EXAMPLE OF HOW SWIF LEVERAGES AND ENHANCES ITS WORK THROUGH STRONG PARTNERSHIPS. OVER THE PAST FIVE YEARS, SWIF GRANTS HAVE ALIGNED WITH GROW OUR OWN. AN OPEN GRANT ROUND ATTRACTED PROJECTS AND PROGRAMS THAT SUPPORT STABLE PARENTING AND FAMILIES, EARLY CARE AND EDUCATION, YOUTH ENGAGEMENT, VIBRANT AND WELCOMING COMMUNITIES AND CAREER READINESS. EXAMPLES INCLUDE SUPPORT FOR WEEKEND FOOD PROGRAMS, FINANCIAL PLANNING, EARLY CHILDHOOD DEVELOPMENT, YOUTH ACTIVITIES AND JOB SHADOWING/TRAINING. RELIEF EFFORTS DURING THE PANDEMIC INCLUDED SUPPORT GRANTS TO SOUTHWEST MINNESOTA NONPROFITS PROVIDING BASIC NEEDS AND WORKING WITH PEOPLE WHO NEED MORE AND DIFFERENT SUPPORT DURING THIS CRISIS. THE FOCUS OF THIS WORK INCLUDE SUPPORT TO NONPROFIT ORGANIZATIONS ADDRESSING CRITICAL BASIC NEEDS IN OUR COMMUNITIES RELATED TO THE FOLLOWING AREAS: FOOD SECURITY, MENTAL HEALTH, DOMESTIC VIOLENCE, HOMELESSNESS, AND SUPPORT FOR NONPROFIT ORGANIZATIONS. IT ALSO PROVIDED SUPPORT FOR RECOVERY TO THE HARD-HIT NONPROFIT ORGANIZATIONS OF THE REGION. SWIF IS CREATING PARTNERSHIPS THROUGH ITS EMERGING LEADERS CABINET. IT IS A COMMITTEE OF THE BOARD OF DIRECTORS COMPRISED SPECIFICALLY OF PEOPLE UNDER THE AGE OF 40 WHO REPRESENT THE DIVERSITY OF THE REGION. THE ROLE OF THE COMMITTEE IS TO EXPLORE CURRENT REALITIES AND TRENDS AND TO CREATE AVENUES OF INFLUENCE, INCLUDING THROUGH GRANTMAKING. SOUTHWEST INITIATIVE FOUNDATION ALSO DEMONSTRATED THE BEST PRACTICES LEARNED THROUGH THE PHILANTHROPIC PREPAREDNESS, RESILIENCY & EMERGENCY PARTNERSHIP. SWIF IS ONE OF 18 COMMUNITY FOUNDATIONS FROM ACROSS A 10-STATE NETWORK PARTICIPATING IN A DISASTER-PREPAREDNESS, RESPONSE AND RECOVERY PROGRAM. SWIF'S PAUL AND ALMA SCHWAN AGING TRUST ENDOWMENT FUND CONTINUES TO PROMOTE PRODUCTIVE AGING IN SOUTHWEST MINNESOTA. ESTABLISHED IN 1991, THIS IS A KEY EXAMPLE OF THE LEGACY AND IMPACT DONORS CAN MAKE THROUGH SWIF. IT FUNDED AGE FRIENDLY COMMUNITY WORK LAUNCHED IN 2016, WHICH CONTINUES THROUGH A PARTNERSHIP WITH MINNESOTA RIVER AREA AGENCY ON AGING, PRAIRIE FIVE COMMUNITY ACTION AND THE LOWER SIOUX INDIAN COMMUNITY. THE ENTIRETY OF THE COMMUNITY IMPACT TEAM IS ALIGNED TO WORK AT THE COMMUNITY LEVEL, EQUIPPING RESIDENTS AND ORGANIZATIONS WITH OPPORTUNITIES TO STRENGTHEN THEIR NETWORKS, BONDS, SUPPORTS AND PROGRAMS. THROUGH THESE COMMUNITY DEVELOPMENT EFFORTS, WE ARE ABLE TO BRING AN EQUITY LENS TO LEAD COMMUNITIES THROUGH A GROWTH PROCESS. IN THE NEXT PHASE OF OUR WORK, STAFF CONTINUE TO SPEARHEAD THESE EFFORTS THAT ADVANCE EQUITY WORK WITH OUR RESIDENTS WHOSE LEADERSHIP IS VITAL IN OUR RURAL COMMUNITIES. IT IS IMPERATIVE THAT WE SET AN INCLUSIVE TABLE FOR ALL. THROUGH THIS, WE WILL CREATE PROSPERITY FOR ALL OF OUR KIDS AND THE COMMUNITIES THEY CALL HOME.
FORM 990, PART III, LINE 4C, PROGRAM SERVICE ACCOMPLISHMENTS	SOUTHWEST INITIATIVE FOUNDATION MOBILIZES VOLUNTEERS AND DONORS THROUGHOUT SOUTHWEST MINNESOTA TO CREATE A CULTURE OF GIVING THAT IS, AT ITS CORE, INCLUSIVE, TRANSFORMATIVE AND LOCALLY-INVESTED. THIS NETWORK OF VOLUNTEERS EXTENDS SWIF'S REACH INTO LOCAL COMMUNITIES AND OFFERS A UNIQUE MODEL FOR PEOPLE TO SUPPORT THE CAUSES THEY CARE MOST ABOUT IN THE PLACE THEY CALL HOME. SOUTHWEST INITIATIVE FOUNDATION'S COMMUNITY FOUNDATION PROGRAM ESTABLISHES A GEOGRAPHICALLY FOCUSED FUND, KNOWN AS AN AFFILIATE FOUNDATION. THROUGH A PARTNERSHIP THAT IS MUTUALLY BENEFICIAL, THE COMMUNITY FOUNDATION PROGRAM FUNCTIONS AS A WELL-ESTABLISHED METHOD OF RETAINING CHARITABLE DOLLARS IN THE REGION AND USING THOSE DOLLARS TO SUPPORT COMMUNITY NEEDS AND OPPORTUNITIES. VOLUNTEER ADVISORY BOARDS DRIVE LOCAL MISSION, ACTIVITIES, AND IMPACT FOR SWIF'S 30 AFFILIATES. SWIF PROVIDES THE ADMINISTRATIVE, INVESTMENT AND 501(C)(3) INFRASTRUCTURE, AS WELL AS A SERIES OF "LAUNCH MEETINGS" TO PROVIDE BOARD TRAINING FOR NEW AFFILIATES. ADDITIONALLY, TECHNICAL AND PROFESSIONAL SUPPORT IN AREAS LIKE STRATEGIC PLANNING, FUNDRAISING, MARKETING, PUBLIC RELATIONS, AND GRANTMAKING ARE PROVIDED ON AN ONGOING BASIS FOR ALL PARTNERS. AFFILIATE VOLUNTEERS ARE OFTEN WELL ESTABLISHED OR EMERGING COMMUNITY LEADERS, MAKING PROJECTS LIKE PARK IMPROVEMENTS, SWIMMING POOLS, BACKPACK FOOD PROGRAMS, BAND INSTRUMENTS, STUDENT FIELD TRIPS AND SO MUCH MORE POSSIBLE THROUGH ANNUAL GRANTMAKING AND SPECIAL INITIATIVES. IN ADDITION TO AFFILIATE FUNDS, SWIF HOSTS DONOR-ADVISED FUNDS WHICH ALLOW AN INDIVIDUAL DONOR OR FAMILY TO PROVIDE INPUT REGARDING GRANT DISTRIBUTIONS. THESE FUNDS CAN BE ENDOWED OR NON-ENDOWED (PASS-THROUGH) AND ARE CREATED WITH A FAMILY'S GOALS AND LEGACY IN MIND. MANY DONORS FIND THAT SWIF DESIGNATED OR COMPONENT FUNDS ARE ATTRACTIVE OPTIONS TO SUPPORT THEIR CHARITABLE INTERESTS WHILE RELIEVING THEM OF THE ADMINISTRATIVE RESPONSIBILITIES THAT CAN OFTEN BECOME OVERWHELMING FOR FAMILIES AND VOLUNTEERS. ALL FUNDS UNDER THE SWIF UMBRELLA CAN RECEIVE MANY TYPES OF GIFTS, INCLUDING CASH, APPRECIATED SECURITES, REAL ESTATE, FARMLAND-WHICH CAN STAY IN PRODUCTION THROUGH SWIF'S KEEP IT GROWING FARMLAND RETENTION PROGRAM-AND PLANNED GIFTS, SUCH AS CHARITABLE GIFT ANNUITIES AND BEQUESTS. SWIF CAN CREATE A FUND THAT FULFILLS CHARITABLE GOALS OF A DONOR WHEN THE DONOR'S PRIMARY INTERESTS ARE WITHIN THE 18-COUNTY SERVICE AREA. SWIF FUNDS OFFER UNIQUE POTENTIAL TO KEEP SOUTHWEST MINNESOTA COMMUNITIES, SCHOOLS AND ORGANIZATIONS STRONG AND VIBRANT. THEY CONNECT COMMUNITY-MINDED PEOPLE AND LOCAL NEEDS WITH THE RESOURCES NECESSARY FOR LONG LASTING IMPACT.
FORM 990, PART VI, SECTION A, LINE 1A	THE EXECUTIVE COMMITTEE IS COMPRISED OF THE OFFICERS OF THE CORPORATION; CHAIRPERSON, VICE-CHAIRPERSON, SECRETARY AND TREASURER AS WELL AS THE IMMEDIATE PAST CHAIRPERSON. THE EXECUTIVE COMMITTEE MAY ACT ON BEHALF OF THE BOARD TO REVIEW AND ACT UPON GRANTS AND LOANS, REVIEW AND ACT UPON POLICIES, REVIEW AND ACT UPON BUDGETARY VARIANCES, AND CONDUCT OTHER BUSINESS OF THE CORPORATION BETWEEN REGULARLY SCHEDULED BOARD MEETINGS. ALL ACTIONS OF THE EXECUTIVE COMMITTEE ARE REVIEWED BY THE FULL BOARD THROUGH THE APPROVAL OF EXECUTIVE COMMITTEE MEETING MINUTES AT THE NEXT SCHEDULED FULL BOARD MEETING. FORM 990 PART VI SECTION A, LINE 2: BOARD MEMBERS DO NOT HAVE FAMILY OR BUSINESS RELATIONSHIPS WITH EACH OTHER. A CONFLICT OF INTEREST QUESTIONNAIRE IS DISTRIBUTED ANNUALLY AND EACH BOARD MEETING HAS A STANDING AGENDA ITEM ASKING FOR DISCLOSURES AS WELL.
FORM 990, PART VI, SECTION B, LINE 11B	THE IRS FORM 990 IS REVIEWED BY APPROPRIATE STAFF IN THE FOUNDATION AND THEN PRESENTED TO THE AUDIT/FINANCE COMMITTEE FOR REVIEW AND RECOMMENDATION TO THE BOARD. THE FULL BOARD OF DIRECTORS RECEIVE A COPY THROUGH THE SECURE BOARD PORTAL OF THE WEBSITE ONE WEEK PRIOR TO FILING. THE AUDIT/FINANCE COMMITTEE RECEIVES A FULL COPY OF THE FORM 990. THE BOARD RECEIVES A PUBLIC INSPECTION COPY OF THE FORM 990 THAT DOES NOT INCLUDE THE CONFIDENTIAL LIST OF MAJOR DONORS. OTHER THAN THIS LIST, THE FORM IS GIVEN IN ITS ENTIRETY TO THE BOARD AND COMMITTEE FOR REVIEW.
FORM 990, PART VI, SECTION B, LINE 12C	AT THE START OF EACH FISCAL YEAR, THE CONFLICT OF INTEREST POLICY, ACCOMPANYING QUESTIONNAIRE, AND THE CODE OF ETHICS AND CONDUCT ARE DISTRIBUTED TO ALL BOARD MEMBERS TO COMPLETE. DISCLOSURE OF CONFLICTS IS THE STANDING FIRST ITEM ON EVERY BOARD AGENDA. THE BOARD OF DIRECTORS ARE INSTRUCTED AT EACH MEETING TO DISCLOSE IF THEY FEEL THERE IS A CONFLICT OF INTEREST ON ANY AGENDA ITEM BEFORE IT IS BROUGHT TO DISCUSSION. THE BOARD AND/OR CEO QUESTION AND DETERMINE IF THE CONFLICT IS VALID; AND IF SO, THE BOARD MEMBER DOES NOT PARTICIPATE IN THE VOTE. THE CONFLICT IS NOTED IN THE MINUTES. IF THE ITEM IS LOCATED ON THE CONSENT AGENDA, IT IS REMOVED PRIOR TO THE VOTE TO APPROVE ALL ITEMS ON THE CONSENT AGENDA AND MOVED TO THE REGULAR AGENDA WHERE THE CONFLICT IS NOTED AND THE BOARD MEMBER WITH THE CONFLICT ABSTAINS FROM DISCUSSION AND VOTING. THE EMPLOYEE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO KEY DECISION MAKING EMPLOYEES, REVIEWED, AND SIGNED ANNUALLY WITH UPDATES TO ANY POTENTIAL CONFLICTS OF INTERESTS NOTED. POTENTIAL CONFLICTS OF INTEREST FOR STAFF MUST BE REPORTED TO THE PRESIDENT/CEO AND ARE HANDLED ACCORDING TO THE BOARD APPROVED POLICY REQUIREMENTS.
FORM 990, PART VI, SECTION B, LINE 15	SOUTHWEST INITIATIVE FOUNDATION'S EXECUTIVE COMPENSATION PROGRAM IS ADMINISTERED BY THE EXECUTIVE COMMITTEE OF THE BOARD. THE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR ESTABLISHING AND MAINTAINING A COMPETITIVE COMPENSATION PROGRAM FOR THE KEY EXECUTIVES OF THE FOUNDATION. THE EXECUTIVE COMMITTEE UNDERTAKES AN ANNUAL REVIEW TO EVALUATE THE FOUNDATION'S EXECUTIVE COMPENSATION PROGRAM AGAINST THE COMPETITIVE MARKET USING INFORMATION GATHERED ON COMPARABLE POSITIONS WITHIN THE SPECIFIC INDUSTRY SECTOR AND FROM INDEPENDENTLY PUBLISHED SURVEYS. THE EXECUTIVE COMMITTEE MEETS INDEPENDENT OF THE PRESIDENT/CEO TO DISCUSS PERFORMANCE RELATIVE TO THE POSITION DESCRIPTION. DURING THESE DELIBERATIONS, THE COMMITTEE ALSO CONSIDERS INPUT OBTAINED FROM OTHER BOARD MEMBERS, STAFF, PROFESSIONAL ADVISORS, GRANT RECIPIENTS AND OTHER INFORMED COMMUNITY LEADERS. THE DATE OF DELIBERATIONS AND SUBSEQUENT MEETING WITH PRESIDENT/CEO ARE DOCUMENTED IN THE MINUTES OF THE BOARD MEETING AND THE OUTCOME MAINTAINED IN THE CONFIDENTIAL PERSONNEL FILES OF THE FOUNDATION. THE LAST REVIEW WAS COMPLETED IN 2021 FOR THE PRESIDENT/CEO, D. ANDERSON.
FORM 990, PART VI, SECTION C, LINE 19	CONDENSED FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT MADE PUBLIC.
FORM 990, PART XI, LINE 9:	CHANGE IN AGENCY FUNDS -166,526. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 69,518. PROVISIOON FOR LOAN LOSSES 642,182.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990) 2021

Additional Data

Software ID:
Software Version:

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	8,969,349	11,533,461
9	Program service revenue (Part VIII, line 2g) .........	563,705	717,847
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	3,119,323	7,328,558
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	70,253	75,181
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	12,722,630	19,655,047
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	7,531,381	6,688,096
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	2,056,400	2,146,696
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 635,895
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	2,244,803	2,449,242
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	11,832,584	11,284,034
19	Revenue less expenses. Subtract line 18 from line 12.......	890,046	8,371,013
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	108,678,960	100,435,349
21	Total liabilities (Part X, line 26).............	11,535,489	10,788,300
22	Net assets or fund balances. Subtract line 21 from line 20.....	97,143,471	89,647,049

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 6,052,124 including grants of $ 4,555,000 ) (Revenue $ 717,847 )
	ECONOMIC DEVELOPMENT (SEE SCHEDULE O).

4b	(Code: ) (Expenses $ 1,780,963 including grants of $ 471,789 ) (Revenue $ )
	PROGRAMS (SEE SCHEDULE O).

4c	(Code: ) (Expenses $ 1,640,557 including grants of $ 1,661,307 ) (Revenue $ )
	AFFILIATE AND COMPONENT FUNDS (SEE SCHEDULE O).

4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses9,473,644

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	416,366	0	63,153

(A) Name and business address	(B) Description of services	(C) Compensation





2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 0

1	Briefly describe the organization’s mission or most significant activities: OUR MISSION IS CONNECTING PEOPLE, INVESTING IN IDEAS AND BUILDING COMMUNITIES.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	12
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	12
5	Total number of individuals employed in calendar year 2021 (Part V, line 2a) ......	5	26
6	Total number of volunteers (estimate if necessary) .............	6	300
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	0
b	Net unrelated business taxable income from Form 990-T, Part I, line 11 .........	7b	0

1a	Federated campaigns..		1a
b	Membership dues..		1b
c	Fundraising events..		1c
d	Related organizations		1d
e	Government grants (contributions)		1e	518,005

f	All other contributions, gifts, grants, and similar amounts not included above		1f	11,015,456

g	Noncash contributions included in lines 1a - 1f:$		1g	363,530

h Total. Add lines 1a-1f.......		11,533,461

		Business Code
2a	LOAN INTEREST INCOME	900099	662,742	662,742
b	OTHER PROGRAM INCOME	900099	44,744	44,744
c	LOAN ADMIN FEES	900099	10,361	10,361
d
e
f	All other program service revenue.
g	Total. Add lines 2a–2f .....		717,847

3 Investment income (including dividends, interest, and othersimilar amounts) ......			6,842,315			6,842,315
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
		(ii) Personal	(i) Real
6a	Gross rents		75,181	6a
b	Less: rental expenses		0	6b
c	Rental income or (loss)		75,181	6c
d	Net rental income or (loss).......			75,181			75,181
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory	1,747	27,737,552	7a
b	Less: cost or other basis and sales expenses	0	27,253,056	7b
c	Gain or (loss)	1,747	484,496	7c
d	Net gain or (loss).........			486,243			486,243
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
			8a
b	Less: direct expenses ...		8b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a
b	Less: direct expenses ...		9b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
			10a
b	Less: cost of goods sold ..		10b
c	Net income or (loss) from sales of inventory..
Business Code			Miscellaneous Revenue
11a
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......
12	Total revenue. See instructions.....			19,655,047	717,847	0	7,403,739

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....	5,278,096	5,278,096
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ...........	1,410,000	1,410,000
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............
4	Benefits paid to or for members .......
5	Compensation of current officers, directors, trustees, and key employees ...........	491,149	297,449	132,980	60,720
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........
7	Other salaries and wages........	1,330,118	742,403	323,663	264,052
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	64,552	36,021	15,688	12,843
9	Other employee benefits .......	140,086	74,944	36,226	28,916
10	Payroll taxes ...........	120,791	68,592	30,337	21,862
11	Fees for services (non-employees):
a	Management ......
b	Legal .........	53,030	51,028	257	1,745
c	Accounting ...........	36,501	19,000	10,620	6,881
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......	327,195		327,195
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	286,149	264,668	13,594	7,887
12	Advertising and promotion ....	59,402	32,965	15,532	10,905
13	Office expenses .......	144,636	72,401	29,955	42,280
14	Information technology ......	294,997	166,592	76,358	52,047
15	Royalties ..
16	Occupancy ...........	58,619	30,249	17,798	10,572
17	Travel ............	95,068	80,227	2,874	11,967
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....	101,018	77,162	11,482	12,374
20	Interest ...........	44,247	32,905	7,118	4,224
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	269,989	139,174	81,973	48,842
23	Insurance ...	29,452	15,322	8,870	5,260
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	FUNDRAISING COSTS	64,730	42,555		22,175
b	PUBLIC RELATIONS	31,011	21,645	3,892	5,474
c
d
e	All other expenses	553,198	520,246	28,083	4,869
25	Total functional expenses. Add lines 1 through 24e	11,284,034	9,473,644	1,174,495	635,895
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

1	Cash–non-interest-bearing ........			3,800	1	3,600
2	Savings and temporary cash investments .........			1,466,486	2	1,179,718
3	Pledges and grants receivable, net ......			1,147,586	3	3,221,626
4	Accounts receivable, net .............				4
5	Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
					6
7	Notes and loans receivable, net ...........			8,043,673	7	9,542,235
8	Inventories for sale or use ............				8
9	Prepaid expenses and deferred charges ......			110,934	9	88,959
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	4,340,737
b	Less: accumulated depreciation	10b	1,796,981	2,641,542	10c	2,543,756
11	Investments—publicly traded securities .			85,234,552	11	73,861,970
12	Investments—other securities. See Part IV, line 11 .....			9,978,869	12	9,931,826
13	Investments—program-related. See Part IV, line 11 ..				13
14	Intangible assets ...............				14
15	Other assets. See Part IV, line 11 ...........			51,518	15	61,659
16	Total assets. Add lines 1 through 15 (must equal line 33)...			108,678,960	16	100,435,349

17	Accounts payable and accrued expenses .....	440,962	17	1,047,299
18	Grants payable ...	2,284,760	18	1,927,537
19	Deferred revenue .........	642,345	19	850,083
20	Tax-exempt bond liabilities .........	661,858	20	445,320
21	Escrow or custodial account liability. Complete Part IV of Schedule D	1,826,058	21	1,575,410
22	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
			22
23	Secured mortgages and notes payable to unrelated third parties ..	1,231,116	23	967,004
24	Unsecured notes and loans payable to unrelated third parties ..	385,458	24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D	4,062,932	25	3,975,647
26	Total liabilities. Add lines 17 through 25..	11,535,489	26	10,788,300

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........	35,809,780	27	28,833,220
28	Net assets with donor restrictions ...........	61,333,691	28	60,813,829
	Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.
29	Capital stock or trust principal, or current funds .....		29
30	Paid-in or capital surplus, or land, building or equipment fund ...		30
31	Retained earnings, endowment, accumulated income, or other funds		31
32	Total net assets or fund balances ...........	97,143,471	32	89,647,049
33	Total liabilities and net assets/fund balances ........	108,678,960	33	100,435,349

(a) Name, address, and EIN (if applicable) of disregarded entity	(c) Legal domicile (state or foreign country)	(d) Total income	(f) Direct controlling entity
(1) SWIF REAL ESTATE HOLDINGS LLC 15 3RD AVE NW HUTCHINSON,MN55350 47-5210879	MN	0	SOUTHWEST INITIATIVE FOUNDATION

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	(g) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	Yes	No

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?		(k) Percentage ownership
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No	(k) Percentage ownership

(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(e) Are all partners section 501(c)(3) organizations?		(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?		(k) Percentage ownership
(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	Yes	No	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No	(k) Percentage ownership