Minnesota · Nonprofit
SOUTHWEST MINNESOTA STATE UNIVERSITY FOUNDATION
SOUTHWEST MINNESOTA STATE UNIVERSITY FOUNDATION (Minnesota) receives grants from 40 organizations whose IRS filings report $3,012,475 to it, the largest being The Ralph Manwarren Charitable Trust ($569,000). 18 of them have funded it in more than one year.
- Revenue FY2025
- $5.4M
- Funders on record
- 40
- Grants received
- $3.0M
- Net assets
- $37M
What Southwest Minnesota State University Foundation does
Mission
To promote southwest minnesota state university and raise money for scholarships for students.
As stated on its FY2025 Form 990.
Programs
Scholarships: a specific gift applies toward tuition and fees for students who demonstrate academic and/or athletic leadership, to continue their studies at southwest minnesota state university.
$1,428,878 spentof which $1,428,878 as grants43% of program spendingUniversity promotion and recruitment: monies used to promote southwest minnesota state university through the advertising media and to recruit outstanding individuals to attend southwest minnesota state university.
$1,906,254 spentof which $1,199,624 as grants$365,311 earned by the program57% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $3,335,132.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $31M to $40M (+31%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
60% of SOUTHWEST MINNESOTA STATE UNIVERSITY FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2017 → 2023: the base broadened from 10 funders to 14 funders, grant income rose $221k → $439k.
15 of 40 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 26% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of SOUTHWEST MINNESOTA STATE UNIVERSITY FOUNDATION’s funders (the co-funder graph). Top 30 of 40 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
SOUTHWEST MINNESOTA STATE UNIVERSITY FOUNDATION has a broad base — no single funder exceeds 19% of grant income, and it takes 4 funders to reach half.
the vertical line marks half of all grant income — 4 funders to its left
65% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund SOUTHWEST MINNESOTA STATE UNIVERSITY FOUNDATION.
Largest funder’s share by year: 2017 20% · 2018 34% · 2019 25% · 2020 38% · 2021 29% · 2022 27% · 2023 46% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
50% of SOUTHWEST MINNESOTA STATE UNIVERSITY FOUNDATION's funders are still giving 3 years after their first grant; 45% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
71% of SOUTHWEST MINNESOTA STATE UNIVERSITY FOUNDATION's grant income comes from Minnesota funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $784k arriving through sponsors registered in 9 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
SOUTHWEST MINNESOTA STATE UNIVERSITY FOUNDATION runs a healthier operating margin than three-quarters of the 9,398 education nonprofits its size.
this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025
Organizations like SOUTHWEST MINNESOTA STATE UNIVERSITY FOUNDATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Minnesota
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
79% of spending goes to programs.
Governance
Public support
68%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for SOUTHWEST MINNESOTA STATE UNIVERSITY FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds SOUTHWEST MINNESOTA STATE UNIVERSITY FOUNDATION?
- SOUTHWEST MINNESOTA STATE UNIVERSITY FOUNDATION (Minnesota) receives grants from 40 organizations whose IRS filings report $3,012,475 to it, the largest being The Ralph Manwarren Charitable Trust ($569,000). 18 of them have funded it in more than one year.
- How many funders does SOUTHWEST MINNESOTA STATE UNIVERSITY FOUNDATION have?
- IRS filings report 40 organizations giving $3,012,475 in grants to SOUTHWEST MINNESOTA STATE UNIVERSITY FOUNDATION, 18 of which have funded it in more than one year.
- Who is the largest funder of SOUTHWEST MINNESOTA STATE UNIVERSITY FOUNDATION?
- The Ralph Manwarren Charitable Trust is the largest funder on record, with $569,000 in grants. The full list of funders is on this page.
- How can an organization like SOUTHWEST MINNESOTA STATE UNIVERSITY FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 40 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing