Minnesota · Nonprofit
MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION
MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION (Minnesota) receives grants from 11 organizations whose IRS filings report $706,803 to it, the largest being The McKnight Foundation ($330,000). 3 of them have funded it in more than one year.
- Revenue FY2024
- $1.7M
- Funders on record
- 11
- Grants received
- $707k
- Net assets
- $-476535
What Minneapolis Regional Chamber Development Foundation does
Mission
The mission of the Minneapolis Regional Chamber Development Foundation is to offer innovative ways of reducing unemployment, improve educational opportunities for disadvantaged youth, initiate and conduct leadership development programs and promote efforts that enhance the quality of life and leadership skills in the minneapolis and st. Paul areas.
As stated on its FY2024 Form 990.
Programs
Community leadership: through the Minneapolis Regional Chamber Development Foundation, the chamber engages in an ongoing initiative to promote education and leadership through scholarship programs and conferences and an emerging leaders series.
$1,043,535 spent51% of program spendingLeadership twin cities: each year, leadership twin cities takes a cohort of 50+ high potential individuals through a nine-month program of civic education and leadership skills development. The program's mission is to identify, cultivate and inspire successive generations of community leaders, by examining critical issues and resources, to ensure the social, cultural and economic prosperity of the minneapolis-saint paul region. For more than 40 years, leadership twin cities has informed more than 2,000 civic leaders about the critical issues facing the region. Participants spend one day each month from september-may exploring topics such as economic development, education, arts and culture, community safety, health care and government.
$532,576 spent$133,860 earned by the program26% of program spendingKeystone: minnesota keystone program promotes corporate philanthropy by recognizing and honoring companies that donate at least 2% of their pre-tax earnings to charitable organizations. Qualifying companies have an operating presence in minnesota and donate cash, in-kind donations, including pro-bono services, and/or employee paid volunteer time. Minnesota keystone companies receive recognition on the minnesota keystone website and at an annual event. Minnesota keystone has been operating consistently since 1976 and is a great reflection of minnesota's spirit of generosity and sense of community.
$308,538 spent15% of program spendingElevate futures: elevate futures is an interactive career development platform that links recruitment, skill building and career navigation into one comprehensive system. Elevate futures provides a unique solution to close the workforce gaps. It informs, educates and develop students and job seekers, while directly connecting them to local employers, career counselors, career pathways and jobs. Elevate business hc - businesses in minneapolis and broader hennepin county are eligible to receive free business advising and consulting services through elevate business hc, a new initiative offering no-cost business advising and other resources to help businesses recover from the pandemic and build for future growth. Realtime talent partners with k-12 education, post-secondary education, industry associations, community-based training organizations, and the public sector to ensure students and job-seekers have the skills and experience needed to grow in high-demand opportunities.
$176,381 spentof which $26,500 as grants9% of program spending
The 4 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $2,061,030.
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 2019 to 2020, from $530k to $1.6M (+210%).
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: 2020 44% · 2021 29% · 2022 2%. Grants only. Government contracts and fees sit inside program revenue.
68% of MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (61% 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.
Who funds it, year by year
2019 → 2023: the base broadened from 1 funder to 3 funders, grant income fell $230k → $155k.
2 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 20% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $447k from 2 payers (the payer shares this organization's board, largest Minnesota Community Foundation). These are real filings, and they are not money MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION raised.
From the IRS filings of MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION’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.
How concentrated its funding is
MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION leans on a few funders — its largest provides 47% of grant income and the top three 84%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
Largest funder’s share by year: 2019 100% · 2020 80% · 2021 66% · 2022 41% · 2023 52% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. 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.
How long its funders stay
14% of MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION's funders are still giving 2 years after their first grant; 27% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
94% of MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION's grant income comes from Minnesota funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $140k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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
MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION has grown faster than three-quarters of the 4,203 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024
Organizations like MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION
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.
Where the money goes
91% of spending goes to programs.
Governance
Public support
83%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 2 related entities
- Minneapolis Regional Chamber of Commerce · exempt
- Move Minneapolis · exempt
Screen this organization
A dated, signed PDF of the compliance screen for MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION: 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 MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION?
- MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION (Minnesota) receives grants from 11 organizations whose IRS filings report $706,803 to it, the largest being The McKnight Foundation ($330,000). 3 of them have funded it in more than one year.
- How many funders does MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION have?
- IRS filings report 11 organizations giving $706,803 in grants to MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION, 3 of which have funded it in more than one year.
- Who is the largest funder of MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION?
- The McKnight Foundation is the largest funder on record, with $330,000 in grants. The full list of funders is on this page.
- How can an organization like MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION 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 Minneapolis Regional Chamber Development →
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 11 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