The Hormel Foundation Board of Directors announced Wednesday that the Foundation has approved record distributions of $21.1 million for nonprofit agencies in the Austin/Mower community for 2023.
The Hormel Foundation’s grants advance the missions of nonprofit organizations in Austin and Mower County. Those organizations are Austin Area Foundation, Austin Community Charitable Fund, Austin Community Growth Ventures, Austin Community Scholarship Committee, Austin Public Schools, Cedar Valley Services, City of Austin, The Hormel Institute, Mayo Clinic Health Systems – Austin, Parenting Resource Center, Riverland Community College, Salvation Army, United Way of Mower County and the YMCA of Austin.
The Austin Assurance Scholarship, a pioneering program started by The Hormel Foundation in 2019, received a significant grant to support the program for 2023. This program provides scholarships for Austin Public Schools and Pacelli High School students to use at Riverland Community College in Austin, Albert Lea or Owatonna. To qualify, students must meet certain requirements, including academic goals and volunteer service in the community.
As part of the overall distribution, a record grant was directed to The Hormel Institute. Now in its 80th year and started by The Hormel Foundation in 1942, The Hormel Institute cancer and biomedical research center is the major recipient of foundation distributions. The Hormel Foundation supported major expansions developing the state-of-the-art research center in 1960, 2008 and 2016.