SOUTHWEST INITIATIVE FOUNDATION

EIN 411555592 · Donor-advised fund program as reported on Form 990 Schedule D, fiscal year 2023.

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DAF assets
$4.50M
at fiscal year end
Grants out
$495K
from DAF accounts
Contributions in
$383K
received into DAFs
Payout rate
11.0%
median is 12.5%
Accounts
34
funds held at year end
Average account
$132K
assets per fund

At 11.0%, this sponsor paid out below the 12.5% median for sponsors holding more than $10 million.

DAF assets by year

$4.8M
FY2019
$4.2M
FY2020
$3.9M
FY2021
$4.2M
FY2022
$4.5M
FY2023

Grants paid by year

$254K
FY2019
$481K
FY2020
$406K
FY2021
$359K
FY2022
$495K
FY2023

A missing year means no return for that year has been released yet, not that the organization was inactive. Years marked fall in the 2020–21 pandemic giving surge, when contributions into donor-advised funds rose sharply across the sector; treat them as an unusual period rather than a baseline.

Grant disclosure

Itemized 953 grant lines totalling $17.4M across 2019–2024 — $18K per line.

$23K of this sponsor’s grants went to other DAF sponsors — 0% of its itemized grantmaking. Money moved between sponsors is reported as a grant, but it has not yet reached a working charity. This total counts only organizations whose donor-advised fund program is their primary activity, so grants to universities and hospitals that happen to run a DAF on the side are excluded.

Largest reported recipients

Organizations receiving the most from this sponsor across 2019–2024, as itemized on Schedule I. Only grants above $5,000 must be listed.

RecipientTotal 2019–2024
Isd #2902 - Russell Tyler Ruthton Public SchoolsEIN 204928015 MN$755K
City Of Granite FallsEIN 416005203 MN$629K
Pipestone Senior Citizens CenterEIN 411470351 MN$554K
Northwest Minnesota Foundation runs a DAF programEIN 411556013 MN$480K
Northland FoundationEIN 411554455 MN$480K
Southern Minnesota Initiative Foundation runs a DAF programEIN 363454285 MN$480K
West Central Initiative runs a DAF programEIN 363453471 MN$480K
Initiative Foundation runs a DAF programEIN 363451562 MN$480K
Prairie Five Community Action CouncilEIN 410904802 MN$327K
MN River Area Agency on AgingEIN 261632413 MN$281K
Department Of Public TransformationEIN 830770235 MN$255K
Cottonwood Economic Development AuthorityEIN 416005075 MN$219K
City Of JacksonEIN 416005262 MN$177K
City Of TylerEIN 416005587 MN$155K
City Of LitchfieldEIN 416005320 MN$152K

How these figures are calculated: methodology and disclosures. Source: IRS Form 990 e-file XML for fiscal year 2023, via the National Center for Charitable Statistics. Payout rate is DAF grants divided by DAF assets at year end. Recipient totals combine tax years 2019–2024 where filings are available. IRS release and parsing lag means recent years are incomplete for many organizations — NCCS advises treating the most recent year in the panel as partial.