Southern Minnesota Initiative Foundation (SMIF) is a donor-supported economic development foundation serving the 20 counties of south central and southeastern Minnesota. We got our start in the farm crisis of the 1980s to help diversify Greater Minnesota economies and ensure vibrant communities for future generations. Our main focus areas are early childhood, economic development and community vitality and philanthropy.
SMIF has invested over $100 million in the region since 1986:
- $28.3 million in loans
- $28.9 million in grants
- $43.7 million in programming
We invest about $5 million annually and also act as a regional collaborator.