Form 990 for tax year 2024

Totals

Total revenue

$11,071,050

Total expenses

$10,149,806

Contributions and grants received

$5,409,181

Grants paid

$4,169,436

Program service revenue

$604,563

Investment income

$4,997,546

Other revenue

$59,760

Total assets, end of year

$110,665,406

Total liabilities, end of year

$5,676,412

Net assets or fund balances, end of year

$104,988,994

Program services expenses (Part IX)

$7,476,678

Management and general expenses

$1,558,830

Fundraising expenses

$1,114,298

Program service expenses (Part III)

$7,476,678

Program services were 73.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2024

• THE NORTHWEST MINNESOTA FOUNDATION (NMF) DEMONSTRATED REMARKABLE COMMITMENT AND IMPACT THROUGHOUT FISCAL YEAR 2025, FOSTERING GROWTH, CONNECTIVITY, AND COMMUNITY WELL-BEING IN THE REGION. THIS COMPREHENSIVE SUMMARY ENCOMPASSES THE CUMULATIVE RESULTS OF NMF ACTIVITIES AND SERVICES, SHOWCASING A DIVERSE RANGE OF INITIATIVES AIMED AT PHILANTHROPY, BUSINESS SUPPORT, AND MISSION-DRIVEN GRANTS.PHILANTHROPY: COMPONENT, COMMUNITY, AND SCHOLARSHIP FUNDS: NMF'S PHILANTHROPIC EFFORTS PLAYED A CENTRAL ROLE IN SHAPING THE REGION'S SOCIO-ECONOMIC LANDSCAPE. THE FOUNDATION DISPERSED A SUBSTANTIAL TOTAL OF $1.9 MILLION THROUGH ITS COMPONENT, COMMUNITY AND SCHOLARSHIP FUNDS, REFLECTING A COMPREHENSIVE APPROACH TO COMMUNITY DEVELOPMENT. SCHOLARSHIPS: A CUMULATIVE SUM OF $442K WAS DEDICATED TO PROVIDING 326 SCHOLARSHIPS, EMPHASIZING NMF'S COMMITMENT TO EDUCATION AND SKILL DEVELOPMENT. COMPONENT AND COMMUNITY FUNDS: A CUMULATIVE SUM OF $1.45M WAS GRANTED TO SUPPORT COMMUNITIES AND DONOR GIVING INTERESTS. THIS FUNDING BOLSTERED VARIOUS INITIATIVES, INCLUDING SENIOR LIVING, ANIMAL SHELTERS, BOY SCOUTS, ROTARIANS, COMMUNITY DEVELOPMENT, CHURCHES, HOMELESS SHELTERS, CONSERVATION, ARTS, MEDICAL CARE AND SERVICES, ENVIRONMENTAL AND RECREATION INITIATIVES, LOCAL CITIES, SCHOOL DISTRICTS, AND NONPROFIT ORGANIZATIONS REINFORCING NMF'S DEDICATION TO COMMUNITY DEVELOPMENT.

  Expenses $7,476,678 · Grants $4,169,436 · Revenue $389,197

• BUSINESS LOANS AND SUPPORT: NMF'S COMMITMENT TO ECONOMIC DEVELOPMENT MANIFESTED IN ROBUST SUPPORT FOR SMALL BUSINESSES, WITH A CUMULATIVE TOTAL OF $1.53M APPROVED ACROSS 75 LOANS THROUGHOUT THE FISCAL YEAR. LOAN PROGRAMS INCLUDE SBA MICROLOANS: STRATEGIC USE OF THE SMALL BUSINESS ADMINISTRATION (SBA) MICROLOAN PROGRAM FACILITATED ECONOMIC GROWTH. EMERGING ENTREPRENEUR LOAN PROGRAM: THIS PROGRAM SUPPORTED A BUSINESS IN POLK COUNTY, CONTRIBUTING TO THE ECONOMIC VIBRANCY OF THE REGION.

  Revenue $215,366

• MISSION-DRIVEN GRANTS - NMF MISSION-DRIVEN GRANTS WERE PIVOTAL IN ADDRESSING SOCIETAL CHALLENGES AND PROMOTING COMMUNITY RESILIENCE, WITH A CUMULATIVE TOTAL OF $1.34M (PY $4.15M) APPROVED THROUGHOUT FISCAL YEAR 2025. TRAINING AND EDUCATION GRANTS: SUPPORTING NONPROFIT ORGANIZATIONS CAPACITY-BUILDING INITIATIVES, CONFERENCES, PROGRAMMING, AND CONSULTANT SERVICES FOR BOARD AND STAFF DEVELOPMENT. DEI GRANTS: PROMOTING DIVERSITY, EQUITY, AND INCLUSION. HOMELESSNESS GRANTS: SUPPORTING TRANSPORTATION SERVICES FOR FAMILIES TO AREA SHELTERS AS NEEDED. HOUSING GRANTS: SUPPORTING MARKET RESEARCH AND DEVELOPMENT OF A REGION-WIDE WORKFORCE STUDY, HOUSING DEVELOPERS TRAINING, AND SPECIFIC COMMUNITY-DRIVEN HOUSING PROJECTS. INNOVATION GRANTS: SUPPORTING THE EXPANSION OF ADDITION-RELATED SERVICES AND INNOVATIVE SOLUTIONS TO REGIONAL CHALLENGES.CONCLUSION - THE CUMULATIVE IMPACT OF NMF 'S INITIATIVES THROUGHOUT FISCAL YEAR 2025 REFLECTS A FOUNDATION DEEPLY EMBEDDED IN THE FABRIC OF NORTHWEST MINNESOTA. FROM ROBUST PHILANTHROPIC EFFORTS, BOLSTERING EDUCATION, HEALTHCARE, AND CULTURAL ENDEAVORS, TO STRATEGIC SUPPORT FOR SMALL BUSINESSES AND INNOVATIVE MISSION-DRIVEN GRANTS, NMF HAS PLAYED A PIVOTAL ROLE IN SHAPING THE REGION'S ECONOMIC AND SOCIAL LANDSCAPE. AS THE FOUNDATION LOOKS FORWARD TO FUTURE ENDEAVORS, ITS COMMITMENT TO CONNECTING PEOPLE, PLACES, AND POSSIBILITIES REMAINS UNWAVERING, FOSTERING BOUNDLESS OPPORTUNITIES FOR THE RESIDENTS OF NORTHWEST MINNESOTA.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

• CATHOLIC CHARITIES OF THE TWIN CITIES OPPORTUNITY CENTER

  $200,962

  MINNESOTA ENGAGEMENT ON SHELTER & HOUSING

• BEMIDJI AREA SCHOOL DISTRICT #31

  $156,082

  BHS FIELD IMPROVEMENT PROJECT, BEMIDJI SCHOOL DISTRICT ATHLETICS

• LIFECARE MEDICAL CENTER

  $119,816

  TO PURCHASE TROPHON2 ULTRASOUND PROBE DISINFECTION DEVICE FO, UPDATE VIDEO LARYNGOSCOPY EQUIPMENT, WHICH IS UTILIZED BY EM, TO PURCHASE TV'S FOR EACH RESIDENT ROOM AT THE LIFECARE ROSE, TO PURCHASE A TRAILER TO PULL BEHIND THE RANGER FOR RESIDENT, FUNDING TO GO TOWARDS A NEW VAN FOR ROSEAU SENIOR LIVING,

• NORTH STAR NEIGHBORS

  $102,000

  TO SUPPORT ORGANIZATION'S OPERATIONS

• WHITE EARTH NATION

  $95,000

  WHITE EARTH NATURAL RESOURCE DIVISION YOUTH INTERNSHIP PROGR

• FRIENDS OF ITASCA STATE PARK

  $80,743

  PLAYGROUND

• INTER-COUNTY COMMUNITY COUNCIL INC

  $75,000

  FINAL PAYMENT FOR BSG YOUTH HOMELESSNESS PROJECT

• WARROAD PUBLIC SCHOOLS ISD #690

  $57,481

  FINAL DISBURSEMENT OF THE WARROAD FARMERS UNION OIL CO. SCHO, NANCY FISHER, CLAVINOVA, DRAINAGE EXCAVATION OF WARROAD ATHLETIC COMPLEX, JEREMY CULLETON, WHS RETOOLING CTE MANUFACTURING, 3 PROMETHEAN ACTIVITY PANELS FOR SPECIAL EDUCATION

• WARROAD COMMUNITY CHILDCARE CENTER

  $55,000

  USE FUNDS WHERE NEEDED MOST

• CITY OF ROSEAU

  $55,000

  ROSEAU DAYCARE - FACILITY IMPROVEMENTS

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

• NORTH STAR NEIGHBORS

  501(C)(3) · HOUSING · MN · controlled entity

  Directly controlled by NORTHWEST MINNESOTA FOUNDATION

• NORTHWEST MINNESOTA COMMUNITY IMPACT CORPORATION

  501(C)(3) · LENDING · MN · controlled entity

  Directly controlled by NORTHWEST MINNESOTA FOUNDATION

Provenance

Return type

form_990

Tax year

2024

Filed

17 February 2026

IRS schema version

2024v5.5

Source object

202600649349300545

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.