Minnesota · Public charity
Metropolitan Economic Development Association
Helping minority entrepreneurs succeed.
- $1.1M
- Granted FY2024(still arriving)
- 3
- Grants FY2024
- 31
- Organizations funded FY2023
- 100%
- First-time grantees FY2023
- Median grant, FY2024
- $89,000
- Largest grant, FY2024
- $1,000,000
- Organizations funded a year
- 2 to 31
- FY2017 to FY2023
- States reached, FY2024
- 1
- Total assets, FY2024
- $64M
How open it is to new grantees
In FY2023, 100% of the organizations Metropolitan Economic Development Association funded were first-time grantees, receiving 100% of its grant dollars.
New vs renewed · share of each year
In FY2023, 0% of grant dollars renewed an existing relationship; $346k went to new ones.
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2024still arriving | 3 | $1.1M | 100% |
| FY2023 | 31 | $346k | 100% |
| FY2022 | 24 | $295k | 79% |
| FY2021 | 27 | $325k | 100% |
| FY2017 | 2 | $71k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.
Top grantees
Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Minnesota Black Chamber of Commerce | $1,000,000 | 1 | 69% |
| Intent Energy LLC | $89,000 | 1 | n/a |
| Minnesota Zoo | $61,000 | 1 | n/a |
| Taste of Rondo | $40,000 | 2 | n/a |
| Christina's Child Care Center | $25,500 | 2 | n/a |
| TurnSignl | $25,000 | 1 | n/a |
| Midwest Select Contracting LLC | $25,000 | 2 | n/a |
| Wugs Vending | $25,000 | 1 | n/a |
| Objective Biotechnology Inc | $25,000 | 1 | n/a |
| Novart Media | $20,000 | 1 | n/a |
Show all 78 grantees
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Minnesota Black Chamber of Commerce | $1,000,000 | 1 | 69% |
| Intent Energy LLC | $89,000 | 1 | n/a |
| Minnesota Zoo | $61,000 | 1 | n/a |
| Taste of Rondo | $40,000 | 2 | n/a |
| Christina's Child Care Center | $25,500 | 2 | n/a |
| TurnSignl | $25,000 | 1 | n/a |
| Midwest Select Contracting LLC | $25,000 | 2 | n/a |
| Wugs Vending | $25,000 | 1 | n/a |
| Objective Biotechnology Inc | $25,000 | 1 | n/a |
| Novart Media | $20,000 | 1 | n/a |
| Howard's Bar Inc | $20,000 | 1 | n/a |
| Gramsky's | $20,000 | 2 | n/a |
| C Stone Landscape LLC | $20,000 | 1 | n/a |
| La Fusion Restaurant LLC | $20,000 | 2 | n/a |
| H2overhaul Inc | $15,000 | 1 | n/a |
| TLC Millimeter Wave Products Inc | $15,000 | 1 | n/a |
| JAB Holdings LLC | $15,000 | 1 | n/a |
| Eggroll Queen | $15,000 | 1 | n/a |
| Yahweh laundromat and cleaning services | $15,000 | 1 | n/a |
| Tacos El Kevin | $15,000 | 1 | n/a |
| Howard's Bar Inc | $15,000 | 1 | n/a |
| CarePoint Home Health LLC | $15,000 | 1 | n/a |
| Archived Expressions LLC dba Mind's Eye Comics | $15,000 | 1 | n/a |
| A Plus Universal Child Care and Learning Center | $15,000 | 1 | n/a |
| ' The Harvest ' Enterprise LLC | $15,000 | 1 | n/a |
| Minuteman Press Uptown | $14,500 | 1 | n/a |
| Fitz Realestate | $10,427 | 1 | n/a |
| Next Global Security | $10,000 | 1 | n/a |
| Sab Company LLC | $10,000 | 1 | n/a |
| Bom Dia Treats LLC | $10,000 | 1 | n/a |
| Irie Vibes | $10,000 | 1 | n/a |
| Rochester Home Care | $10,000 | 1 | n/a |
| Pauls Perfume Paradise | $10,000 | 1 | n/a |
| Park Salon LLC | $10,000 | 1 | n/a |
| The FIT Laboratory | $10,000 | 1 | n/a |
| F and G Beauty Supply | $10,000 | 1 | n/a |
| Performance Athletix | $10,000 | 1 | n/a |
| NoshPosh LLC | $10,000 | 1 | n/a |
| Fit Studio | $10,000 | 1 | n/a |
| Hair Beauty & Wellness | $10,000 | 1 | n/a |
| Planting People Growing Justice LLC | $10,000 | 1 | n/a |
| Slice Pizza LLC | $10,000 | 1 | n/a |
| The Ovation Group | $10,000 | 1 | n/a |
| Community Reinvestment Fund Inc | $10,000 | 1 | 0% |
| Platinum Staffing Grouop Inc | $10,000 | 1 | n/a |
| Satisfied carpet cleaning | $10,000 | 1 | n/a |
| BKB Luxury Transportation | $10,000 | 1 | n/a |
| LM Display | $10,000 | 1 | n/a |
| Happypeople LLC | $10,000 | 1 | n/a |
| Koficore Inc | $10,000 | 1 | n/a |
| Midwest Recovery Inc | $10,000 | 1 | n/a |
| DG Pilot LLC | $10,000 | 1 | n/a |
| Introspect Mental Health | $10,000 | 1 | n/a |
| Group Balboa LLC dba Guacaya Bistreaux | $10,000 | 1 | n/a |
| Porksuit Solutions LLC | $10,000 | 1 | n/a |
| Trust Home Care LLC | $10,000 | 1 | n/a |
| InControl LLC | $10,000 | 1 | n/a |
| Onyx Coffee House | $10,000 | 1 | n/a |
| Hire Up Staff LLC | $10,000 | 1 | n/a |
| Fearless Commerce | $10,000 | 1 | n/a |
| RuvaAfricWear | $10,000 | 1 | n/a |
| Joy Catering | $10,000 | 1 | n/a |
| Keyhubs LLC | $10,000 | 1 | n/a |
| Hour Kids Walk-In Childcare | $10,000 | 1 | n/a |
| BW Limited Holdings dba Olu's Home | $10,000 | 1 | n/a |
| Code White Teeth Whitening | $10,000 | 1 | n/a |
| Woodbury Spanish Immersion Early Learning Academy | $10,000 | 1 | n/a |
| Me and I LLC | $10,000 | 1 | n/a |
| Anytime Fitness | $10,000 | 1 | n/a |
| Shanghai Wholesale | $10,000 | 1 | n/a |
| Faithful Consulting LLC | $10,000 | 1 | n/a |
| Accord Medical Inc | $10,000 | 1 | n/a |
| Fit LLC | $10,000 | 1 | n/a |
| 4 The Love LLC | $10,000 | 1 | n/a |
| Neoo Development | $10,000 | 1 | n/a |
| Midwest Bakery Inc | $10,000 | 1 | n/a |
| T Will Sports Inc | $10,000 | 1 | n/a |
| Privilage Cuts and Grooming | $8,500 | 1 | n/a |
Plus 4 recipients with no EIN on record ($38k), not named here.
Co-funders
Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a set of overlaps that mostly run through this funder rather than between each other.
Open a dossier: Metropolitan Consortium of Community Developers
How this is measured
Compare Metropolitan Economic Development Association with peer funders
About Metropolitan Economic Development Association
- How much does Metropolitan Economic Development Association give?
- Metropolitan Economic Development Association reported 3 grants totaling $1,129,000 in its FY2024 IRS filing. It funded between 2 and 31 organizations a year over FY2017 to FY2023.
- What does Metropolitan Economic Development Association fund?
- By grant dollars over FY2017 to FY2024, its largest causes are Community Improvement (52%), Public Safety & Disaster (8%), Food & Nutrition (7%).
- Who are Metropolitan Economic Development Association's largest grantees?
- By total granted over FY2017 to FY2024: Minnesota Black Chamber of Commerce ($1.0M), Intent Energy LLC ($89k), Minnesota Zoo ($61k).
- Does Metropolitan Economic Development Association fund new organizations?
- In FY2023, 100% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as Metropolitan Economic Development Association?
- Its strongest co-funders, measured against what their size predicts, include Metropolitan Consortium of Community Developers.
- Where is Metropolitan Economic Development Association based?
- Metropolitan Economic Development Association is based in MN.
Play a game based on Metropolitan Economic Development Association’s filings →