Minnesota · Nonprofit
CFA Society of Minnesota
CFA Society of Minnesota (Minnesota) receives grants from 1 organization whose IRS filings report $810,130 to it, the largest being CFA INSTITUTE ($810,130). 1 of them have funded it in more than one year.
- Revenue FY2024
- $471k
- Funders on record
- 1
- Grants received
- $810k
- Net assets
- $370k
What CFA Society of Minnesota does
Mission
OUR MISSION: To advance professional excellence while promoting ethical behavior and fellowship through development and engagement opportunities for our members.
As stated on its FY2024 Form 990.
Programs
Annual dinner - the cfamn annual dinner is our largest public awareness event, designed to raise the level of awareness of our members in the broader community as well as bring together as large a group of members as possible to continue working toward development of "community." a veritable "who's who" of the local investment community - clients, spouses and employers as well as the general membership - is invited and encouraged to attend. The annual dinner was held in february 2025 with 400 attendees.
New cfa charterholder recognition - the chartered financial analyst (cfa) designation is a globally recognized standard for measuring the competence and integrity of investment professionals. The three levels of examination verify a candidate's ability to apply these principles across all areas of the investment decision-making process. The program's professional conduct requirements demand that both cfa candidates and charterholders adhere to the highest standards of ethical responsibility. In fy2025 we held 1 dinner with more than 60 attendees.
Professional learning - professional learning events are held throughout our active months (september through june). Programs typically are offered in an evening format and provide updates on current industry topics and best practices. Meetings are open to members, other industry professionals and students. Speakers are representatives from the financial services industry, both local and national perspectives. In fy2025 (sep 2024-aug 2025), we offered more than 25 in person and virtual events, attended by more than 1400 people.
The 3 programs described on its FY2024 Form 990, listed largest first by expense.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $569k to $647k (+14%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 7% · 2022 3%. Grants only. Government contracts and fees sit inside program revenue.
0% of CFA Society of Minnesota’s revenue is contributions — more earned-revenue than three-quarters of its peers (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Shannon Schaaf
Executive Director
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base held at 1 funder, grant income rose $76k → $102k.
From the IRS filings of CFA Society of Minnesota’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
CFA Society of Minnesota draws 100% of its grant income from funders outside Minnesota, across 1 state in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
CFA Society of Minnesota is better cushioned than half of the 11,971 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 11,971 community improvement nonprofits $100k–$1M, FY2024
Organizations like CFA Society of Minnesota
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Minnesota
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Governance
Screen this organization
A dated, signed PDF of the compliance screen for CFA Society of Minnesota: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds CFA Society of Minnesota?
- CFA Society of Minnesota (Minnesota) receives grants from 1 organization whose IRS filings report $810,130 to it, the largest being CFA INSTITUTE ($810,130). 1 of them have funded it in more than one year.
- How many funders does CFA Society of Minnesota have?
- IRS filings report 1 organization giving $810,130 in grants to CFA Society of Minnesota, 1 of which have funded it in more than one year.
- Who is the largest funder of CFA Society of Minnesota?
- CFA INSTITUTE is the largest funder on record, with $810,130 in grants. The full list of funders is on this page.
- How can an organization like CFA Society of Minnesota find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds CFA Society of Minnesota →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing