Minnesota · Nonprofit
MINNESOTA CHAPTER OF THE NATIONAL ASSOCIATION OF CORPORATE DIRECTORS
MINNESOTA CHAPTER OF THE NATIONAL ASSOCIATION OF CORPORATE DIRECTORS (Minnesota) receives grants from 4 organizations whose IRS filings report $360,000 to it, the largest being THE BUSH FOUNDATION ($150,000). 3 of them have funded it in more than one year, and 53% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $225k
- Funders on record
- 4
- Grants received
- $360k
- Net assets
- $193k
What Minnesota Chapter of the National Association of Corporate Directors does
Mission
Nacd inspires to a world where businesses are sustainable, profitable and trusted. It provides tools, resources and voice to advance this vision.
As stated on its FY2024 Form 990.
Program
On its FY2025 return the organization reported starting a significant new program.
Nacd minnesota chapter began a program for new nacd members to introduce them to the local chapter and help them connect with other members within the state.
Its own explanation, from Schedule O of that return (Part III, line 2).
The nacd minnesota chapter follows the mission of nacd in advancing exemplary board leadership. It is a requirement for each program that the topic relate to "governance and we require a minimum of one director, preferably an nacd member, as a speaker or presenter on a panel. In this way, we offer the local director community opportunities to become informed and educated, as well as providing a forum for discussion of topics relating to the boardroom and director performance.(continued in schedule o)in 2025, nacd-mn offered 14 programs - six virtual, one hybrid, and the rest in person - with over 500 attendees. Virtual pricing was complimentary for members and $45 for nonmembers. In-person pricing was $50 for members and $65 for nonmembers. Nacd-mn programming focused on those who serve on public, private and nonprofit organization boards, with an emphasis on providing pathways for those seeking to build their board governance careers. Content was designed to strengthen board governance and equip directors to be ready to navigate the realities of business today.
$112,378 spent$15,823 earned by the program100% of program spending
The program described on its FY2025 Form 990. Program spending in total: $112,378.
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 $28k to $191k (+573%).
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.
91% of MINNESOTA CHAPTER OF THE NATIONAL ASSOCIATION OF CORPORATE DIRECTORS’s revenue is contributions — more donation-reliant than the typical peer (57% 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
Channon Lemon
Executive director
Board chair
Melodie Rose
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2022 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $10k → $160k.
2 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 53% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of MINNESOTA CHAPTER OF THE NATIONAL ASSOCIATION OF CORPORATE DIRECTORS’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 CHAPTER OF THE NATIONAL ASSOCIATION OF CORPORATE DIRECTORS leans on a few funders — its largest provides 42% of grant income and the top three 94%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
53% 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 CHAPTER OF THE NATIONAL ASSOCIATION OF CORPORATE DIRECTORS.
Largest funder’s share by year: 2022 100% · 2023 94% — 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.
Where its funders are
53% of MINNESOTA CHAPTER OF THE NATIONAL ASSOCIATION OF CORPORATE DIRECTORS's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $170k that is directly attributable, 100% of it comes from Minnesota funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $190k arriving through sponsors registered in 1 state 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 CHAPTER OF THE NATIONAL ASSOCIATION OF CORPORATE DIRECTORS is better cushioned than half of the 22,812 education nonprofits its size.
this organization peer median middle 50% of peers· 22,812 education nonprofits $100k–$1M, FY2024
Organizations like MINNESOTA CHAPTER OF THE NATIONAL ASSOCIATION OF CORPORATE DIRECTORS
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
36% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for MINNESOTA CHAPTER OF THE NATIONAL ASSOCIATION OF CORPORATE DIRECTORS: 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 CHAPTER OF THE NATIONAL ASSOCIATION OF CORPORATE DIRECTORS?
- MINNESOTA CHAPTER OF THE NATIONAL ASSOCIATION OF CORPORATE DIRECTORS (Minnesota) receives grants from 4 organizations whose IRS filings report $360,000 to it, the largest being THE BUSH FOUNDATION ($150,000). 3 of them have funded it in more than one year, and 53% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does MINNESOTA CHAPTER OF THE NATIONAL ASSOCIATION OF CORPORATE DIRECTORS have?
- IRS filings report 4 organizations giving $360,000 in grants to MINNESOTA CHAPTER OF THE NATIONAL ASSOCIATION OF CORPORATE DIRECTORS, 3 of which have funded it in more than one year.
- Who is the largest funder of MINNESOTA CHAPTER OF THE NATIONAL ASSOCIATION OF CORPORATE DIRECTORS?
- THE BUSH FOUNDATION is the largest funder on record, with $150,000 in grants. The full list of funders is on this page.
- How can an organization like MINNESOTA CHAPTER OF THE NATIONAL ASSOCIATION OF CORPORATE DIRECTORS 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 Minnesota Chapter of the National Association of Corporate Directors →
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 4 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