History of Our Town USA Community Foundation
Our Town USA Community Foundation was founded by a local chartering board of directors in July 2018. The foundation has contracted with the Southern Minnesota Initiative Foundation for fund management and legal services. Our Town USA Community Foundation has adopted a constitution and bylaws document which is independent of, yet in compliance with, the legal structure of the Initiative Foundation. This structure reduces overhead expenses while receiving the benefit of IRS 501(c)(3) non-profit tax status and legal registry as a charity with the Office of the Minnesota Attorney General.