Minnesota · Nonprofit
MINNESOTA CHAMBER FOUNDATION
MINNESOTA CHAMBER FOUNDATION (Minnesota) receives grants from 14 organizations whose IRS filings report $344,300 to it, the largest being Wells Fargo Foundation ($80,000). 6 of them have funded it in more than one year.
- Revenue FY2024
- $1.4M
- Funders on record
- 14
- Grants received
- $344k
- Net assets
- $684k
What Minnesota Chamber Foundation does
Mission
The organization's mission is to bring stakeholders together to promote prosperity and long-term growth of minnesota's economy.
As stated on its FY2024 Form 990.
Programs
Economic research: in february of 2025, the Minnesota Chamber Foundation released a "scorecard" on minnesota's environmental permitting system. This report, as a follow up to an extensive study the previous year, measured the progress on the minnesota pollution control agency in expediting the permitting process in the state. In addition, the foundation released the 2026 business benchmarks in november of 2025, comparing minnesota's economic performance to the rest of the country.
$362,084 spentof which $362,086 as grants41% of program spendingCenter for workforce solutions the center for workforce solutions is designed to provide private sector solutions to the workforce challenge facing minnesota employers. The center has multiple focus areas. The first, is the business education network (ben) formed in 2015. Ben is a private-sector solution to employers' urgent need to find skilled, qualified and ready workers for jobs available in communities across our state. Ben partners established a relationship with the united way of the twin cities to expand career pathways in 2024 and that work continued in 2025. The center is also home to the foundation's workforce inclusion initiative. Resources and consulting are provided for employers across minnesota. The inclusive leader's alliance was launched last year. Another area of focus is highlighting and advancing the role of new americans to minnesota's economy, both as workers and entrepreneurs.
$194,100 spent$96,482 earned by the program22% of program spendingGrow minnesota! Grow minnesota! Is a statewide business and retention initiative in partnership with local chambers of commerce. Grow minnesota! Was integrated into the foundation in 2025 to align with the goals of the foundation, and in coordination with the economic research and workforce development efforts. Grow minnesota! Produced a report on the state of business retention and expansion in minnesota as a result of hundreds of meetings with businesses across the state. The program also provides one on one assistance to businesses and well as resources to help businesses locate and grow in minnesota. The foundation also is the home to leadership minnesota and leaders lab, which are education and leadership development programs designed to provide emerging leaders with the opportunity to understand minnesota's diverse economy. A cohort of leaders is selected to participate in the program annually.finally, the foundation hosts several events and webinars annually to educate business and community leaders on issues around the economy and workforce.
$337,033 spent$287,491 earned by the program38% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $893,217.
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 2022 to 2023, from $744k to $971k (+31%).
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: 2018 38%. Grants only. Government contracts and fees sit inside program revenue.
80% of MINNESOTA CHAMBER FOUNDATION’s revenue is contributions — about as donation-reliant as the typical peer (88% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 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 2 funders to 3 funders, grant income fell $25k → $20k.
4 of 14 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 39% 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: $2.9M from 4 payers (the payer shares this organization's board, largest Minnesota Waste Wise Foundation). These are real filings, and they are not money MINNESOTA CHAMBER FOUNDATION raised.
From the IRS filings of MINNESOTA CHAMBER 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
MINNESOTA CHAMBER FOUNDATION has a broad base — no single funder exceeds 23% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
46% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MINNESOTA CHAMBER FOUNDATION.
Largest funder’s share by year: 2019 60% · 2020 33% · 2021 55% · 2022 65% · 2023 50% — 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
20% of MINNESOTA CHAMBER FOUNDATION's funders are still giving 3 years after their first grant; 43% 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
88% of MINNESOTA CHAMBER 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. $135k arriving through sponsors registered in 4 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
MINNESOTA CHAMBER FOUNDATION is better cushioned than half of the 1,003 public benefit nonprofits its size.
this organization peer median middle 50% of peers· 1,003 public benefit nonprofits $1M–$10M, FY2024
Organizations like MINNESOTA CHAMBER 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
88% of spending goes to programs.
Governance
Public support
95%
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 6 related entities
- Minnesota Chamber of Commerce · exempt
- Minnesota Waste Wise Foundation · exempt
- Jobs for Minnesotans · exempt
- United for Jobs · exempt
- Pro Jobs Majority · exempt
Screen this organization
A dated, signed PDF of the compliance screen for MINNESOTA CHAMBER 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 MINNESOTA CHAMBER FOUNDATION?
- MINNESOTA CHAMBER FOUNDATION (Minnesota) receives grants from 14 organizations whose IRS filings report $344,300 to it, the largest being Wells Fargo Foundation ($80,000). 6 of them have funded it in more than one year.
- How many funders does MINNESOTA CHAMBER FOUNDATION have?
- IRS filings report 14 organizations giving $344,300 in grants to MINNESOTA CHAMBER FOUNDATION, 6 of which have funded it in more than one year.
- Who is the largest funder of MINNESOTA CHAMBER FOUNDATION?
- Wells Fargo Foundation is the largest funder on record, with $80,000 in grants. The full list of funders is on this page.
- How can an organization like MINNESOTA CHAMBER 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.
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 14 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 22, 2026. What this page cannot tell you · view filing