Northwest Minnesota Foundation issues over $1.5 million in grants, loans during 4th quarter

Northwest Minnesota Foundation issues over $1.5 million in grants, loans during 4th quarter

BEMIDJI — More than $1.5 million was loaned or granted out into the region from April through June through the Northwest Minnesota Foundation. This three-month time frame comprises the fourth quarter of NMF’s fiscal year. Funds released by NMF included more than $300,000 in grants through NMF's family of funds; more than $360,000 through NMF’s mission-driven grant programs; and more than $842,000 through loans to small business owners, a release…