AgStar Contributes $2,500 to Southern Minnesota Initiative Foundation

OWATONNA - AgStar is providing $2,500 to support Southern Minnesota Initiative Foundation's (SMIF) general endowment fund. AgStar has been an annual supporter of SMIF since 2007.

"AgStar has invested more than $185,000 in SMIF over the last eight years," said John Monson, Senior Vice President, AgStar Financial Services. "As part of that overall investment in programs, new initiatives and disaster relief, we have also committed to annual donations to SMIF for its overall work in the southern Minnesota region. The work of SMIF aligns with AgStar's mission. We are a proud partner and investor."

SMIF, a donor-supported foundation, invests for economic growth in 20 Minnesota counties. The Foundation has provided more than $50 million in grants and loans within the region during the past 29 years. SMIF's key interests include early childhood and economic development.

"AgStar's continued partnership and support helps to strengthen our Foundation's mission to invest in early childhood and economic development programs as well as new endeavors, such as their recent sponsorship of FEAST Festival and Tradeshow last fall," noted SMIF President/CEO Tim Penny. "We appreciate AgStar's continued support and their dedication to supporting the southern Minnesota."

For information on SMIF, visit or call 507-455-3215.

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