Minnesota Chamber Foundation

Organization Overview

Minnesota Chamber Foundation is located in St Paul, MN. The organization was established in 1983. According to its NTEE Classification (W11) the organization is classified as: Single Organization Support, under the broad grouping of Public & Societal Benefit and related organizations. As of 09/2021, Minnesota Chamber Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Chamber Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 09/2021, Minnesota Chamber Foundation generated $942.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $951.0k during the year ending 09/2021. While expenses have increased by 15.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, Minnesota Chamber Foundation has awarded 56 individual grants totaling $636,801. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO BRING BUSINESS & COMMUNITY TOGETHER TO ACT ON ISSUES VITAL TO THE MINNESOTA ECONOMY

Describe the Organization's Program Activity:

Part 3 - Line 4a

MINNESOTA: 2030THE MINNESOTA CHAMBER FOUNDATION PRODUCED RESEARCH ON MINNESOTA'S ECONOMY. MINNESOTA: 2030 WAS A STUDY OF THE STATE'S ECONOMY, DESIGNED TO PROVIDE A FRAMEWORK FOR GROWTH IN THE NEXT DECADE AND BEYOND. THE REPORT WAS RELEASED IN MAY OF 2021.


THE BUSINESS ENVIRONMENTAL SUSTAINABILITY FINANCE PROGRAM (BESFP) IS A GRANT PROGRAM OF THE MINNESOTA CHAMBER FOUNDATION. THE PURPOSE OF THE BESFP GRANT PROGRAM IS TO MOTIVATE BUSINESS OWNERS TO COMPLETE ENERGY EFFICIENCY OR WASTE REDUCTION PROJECTS THAT WOULD OTHERWISE NOT GET DONE WITHOUT BESFP GRANT. GRANTS OF UP TO $3,000 MAY BE AVAILABLE FOR PRE-QUALIFIED ENERGY EFFICIENCY AND WASTE MANAGEMENT PROJECTS. BESFP GRANT PROGRAM WORKS CLOSELY WITH ENERGY SMART OR WASTE WISE STAFF TO IDENTIFY PROJECTS THAT MAY QUALIFY FOR A GRANT. ELIGIBLE PROJECTS INCLUDE ENERGY EFFICIENT PROJECTS THAT RECIEVE AN ENERGY UTILITY REBATE AND WASTE PROJECTS WHICH RESULT IN QUANTIFIABLE WASTE DIVERSION (WASTE KEPT OUT OF THE MUNICIPAL SOLID WASTE STREAM). NO MORE THAN ONE GRANT PER BUSINESS (OR BUSINESS LOCATION) PER CALANDER YEAR OR FOR ONE 12-MONTH PERIOD, WILL BE GIVEN. PRIORITY IS GIVEN TO BUSINESSES THAT HAVE NOT RECEIVED A BESFP GRANT AT ANY TIME IN THE PAST.


CENTER 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 IS DRIVEN BY LOCAL EMPLOYERS AND FUELED BY THE ENGAGEMENT AND PARTNERSHIP OF STUDENTS AND EDUCATORS. IT CONNECTS EMPLOYERS WITH MIDDLE, HIGH SCHOOL AND COLLEGE STUDENTS TO MAKE THEM AWARE OF AND PREPARE THEM FOR CAREER OPPORTUNITIES IN THEIR OWN COMMUNITIES. LOCAL EMPLOYERS THROUGH LOCAL CHAMBERS OF COMMERCE DEVELOP THEIR OWN PROGRAMS TO RESPOND TO LOCAL NEEDS. NEARLY 25 LOCAL CHAMBERS ARE BEN PARTNERS, AND THAT NUMBER IS GROWING. THE CENTER IS ALSO HOME TO THE FOUNDATION'S WORKFORCE DIVERSITY AND INCLUSION INITIATIVE. THIS EFFORT IS DESIGNED TO ASSIST EMPLOYERS ACROSS THE STATE TO DEVELOP WELCOMING WORKPLACES. THE THIRD AREA OF FOCUS IS HIGHLIGHTING AND ADVANCING THE ROLE OF IMMIGRANTS TO MINNESOTA'S ECONOMY, BOTH AS WORKERS AND ENTREPRENEURS.


LEADERS LAB HAS CONCLUDED SEVEN YEARS OF THE PROGRAM WITH WELLOVER 200 ALUMNI. THE PROGRAM IS MODELED AFTER LEADERSHIP MINNESOTA BUT TARGETS DEVELOPING BUSINESS LEADERS. LEADERS LAB WILL TAKE 35 DEVELOPING BUSINESS LEADERS ON 4, 2-DAY SESSIONS. LIKE LEADERSHIP MINNESOTA, EACH SESSION WILL INCLUDE OPPORTUNITIES TO TOUR AND LEARN MORE ABOUT INDUSTRIES THAT DRIVE MINNESOTA'S ECONOMY AND HOW PUBLIC POLICY AFFECTS THE SUCCESS OF BUSINESS IN OUR STATE.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$227,000
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$508,469
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$735,469
Total Program Service Revenue$206,587
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $942,056

Grants Awarded

Over the last fiscal year, Minnesota Chamber Foundation has awarded $272,463 in support to 19 organizations.

Grant RecipientAmount

FOCI MINNESOTA CENTER

Org PageRecipient Profile

Minneapolis, MN

PURPOSE: ENERGY AND WASTE PROGRAMS

$28,215

FOCUS ARTS LLC

PURPOSE: ENERGY AND WASTE PROGRAMS

$27,179

ARIEL INC

PURPOSE: ENERGY AND WASTE PROGRAMS

$25,588

CITY OF LAKES WALDORF SCHOOL

PURPOSE: ENERGY AND WASTE PROGRAMS

$24,285

AMERICAN RED CROSS

Org PageRecipient Profile

Washington, DC

PURPOSE: ENERGY AND WASTE PROGRAMS

$19,000

PREMIER LIGHTING

PURPOSE: ENERGY AND WASTE PROGRAMS

$18,089
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Minnesota Chamber Foundation has recieved totaling $45,000.

Awarding OrganizationAmount
Tides Foundation

San Francisco, CA

PURPOSE: HEALTHY INDIVIDUALS AND COMMUNITIES

$25,000
Saint Paul & Minnesota Foundation

Saint Paul, MN

PURPOSE: MULTIPLE GRANTS FOR MULTIPLE PURPOSES

$10,000
Initiative Foundation

Little Falls, MN

PURPOSE: SUPPORT THE ORGANIZATION THROUGH THE MINNESOTA 2030 STUDY

$10,000
View Grant Recipient Profile

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