EIN 41-1453093

Minnesota Chamber Foundation

IRS 501(c) type
501(c)(3)
Num. employees
5
Year formed
1983
Most recent tax filings
2020-09-01
Description
The organization's mission is to bring business and the community together to act on issues vital to the prosperity and long-term growth of the Minnesota economy through its various programs. To bring business and the community together to support pro...
Related structure
Minnesota Chamber Foundation is a subordinate organization under Minnesota Chamber of Commerce.
Total revenues
$1,052,369
2020
Total expenses
$897,735
2020
Total assets
$918,016
2020
Num. employees
5
2020

Program areas at Minnesota Chamber Foundation

Minnesota: 2030 is a study of the state's economy, designed to provide a framework for growth in the next decade and beyond. The project began in 2019. Ihs markit, a global economic forecasting firm was hired to provide economic data and analysis. The project was temporarily halted when the pandemic hit the united states/minnesota last spring, but the project is now slated for completion and release in april 2021. The non-partisan, fact based report will include actionable recommendations around labor force and workforce development; opportunities for key industry sectors, including a focus on health care and technology; and strategies to strengthen communities around key assets like child care, housing, connectivity and inclusion.
Center for workforce solutions -Minnesota can lead the nation in rethinking how public and private sector actors provide the tools necessary for workers to thrive in a changing economy. This will partly mean ensuring that all minnesotans receive at least the basic training and education they need to succeed in the workforce. But it will also mean aligning curriculum and training to the skills that are demanded in a 21st century economy, providing young people, parents, and adult workers data-driven information on the opportunities and career paths that await them. And that is the mission of the Minnesota Chamber Foundation's center for workforce solutions. The primary focus of the center in sthe business education netowrk (ben) formed in 2015. Ben is aprivate-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 20 local chambers are ben partners, and that number is growing.
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.

Grants made by Minnesota Chamber Foundation

GranteeGrant descriptionAmount
RS EdenEnergy and Waste Programs$24,521
Little Earth Neighborhood Early Learning Center CorporationEnergy and Waste Programs$11,613
Greater Mankato Growth (GMG)Ben Program Funding$7,500

Who funds Minnesota Chamber Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Minnesota Waste Wise FoundationIncreasing Energy Efficiency and Waste Efficiency Project Implementation$450,000
Initiative FoundationSupport the Mission of the Organization.$10,000
Northland FoundationTo Support the Minnesota: 2030 Study That Takes A Long-Term Look at the Development of Minnesota's Economy.$5,000

Personnel at Minnesota Chamber Foundation

NameTitleCompensation
Annette KojetinVice President , Chief Financial Officer$0
Elizabeth KadounVice President$0
Jennifer ByersExecutive Director$0
Susan MarvinChair$0
Jennifer Byers ExecutiveDirector MCF and Secretary and Treasurer$0
...and 2 more key personnel

Financials for Minnesota Chamber Foundation

RevenuesFYE 09/2020
Total grants, contributions, etc.$904,923
Program services$147,446
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,052,369

Form 990s for Minnesota Chamber Foundation

Fiscal year endingDate received by IRSFormPDF link
2020-092021-08-05990View PDF
2019-092021-02-17990View PDF
2018-092019-10-12990View PDF
2017-092018-04-10990View PDF
2016-092017-09-14990View PDF
...and 6 more Form 990s
Data update history
May 24, 2022
Used new vendors
Identified 1 new vendor, including
April 12, 2022
Used new vendors
Identified 1 new vendor, including
April 4, 2022
Updated personnel
Identified 1 new personnel
March 31, 2022
Posted financials
Added Form 990 for fiscal year 2020
March 29, 2022
Received grants
Identified 1 new grant, including a grant for $450,000 from Minnesota Waste Wise Foundation
Nonprofit Types
Social advocacy organizationsEnvironmental organizationsChapter / child organizationsCharities
Issues
Energy conservationEnvironmentPublic policyBusiness and industry
Characteristics
Funds one specific organizationPolitical advocacyState / local levelTax deductible donations
General information
Address
400 Robert St N No 1500
Saint Paul, MN 55101
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Ramsey County, MN
Website URL
mnchamber.com/minnesota-chamber-foundation 
Phone
(651) 292-4650
IRS details
EIN
41-1453093
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1983
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
C35: Energy Resource Conservation and Development
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Subordinate organization
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