More than $1 million in funds pushed through region in first NMF quarter

Northwest Minnesota Foundation has loaned or granted more than $1 million this quarter.

According to a release, the three-month timeframe of July through September is the first quarter of NMF’s fiscal year.

More than $560,000 were raised through local philanthropic activities, nearly $330,000 of loans were made to small business owners, and more than $156,000 were distributed through NMF’s discretionary grant programs.

Areas of focus included scholarships, business loans and support, as well as programs.


Larissa Donovan is the News Director for the stations of Paul Bunyan Broadcasting and has been, almost without interruption, since Election Day 2016. She covers all the beats in north-central Minnesota, such as local government, crime, education, environment and social issues. She studied communications at Bemidji State University. You can follow along with Larissa's live tweets of meetings and events on Twitter!


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