NonprofitsMinnesota Chamber Foundation

Public & Societal Benefit

Minnesota Chamber Foundation

SAINT PAUL, MN

Total revenue

$1.4M

Total expenses

$1.4M

Net assets

$684K

Grants received

$2.9M

35 grants

EIN

411453093

Tax year

2023

Mission

To bring stakeholders together to promote prosperity & long-term growth of minnesota's economy.

Programs

4 programs

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.

Expenses: $633KGrants: $266K

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 partners established a relationship with the united way of the twin cities to expand career pathways in 2024 and that work continued in 2024. 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.

Expenses: $176K

Leadership minnesota: we are currently in the 24th year of offering leadership minnesota to our membership with over 800 alumni. Leadership minnesota serves to enhance the understanding of the state's economy and the role of public policy for minnesota's business leaders. Participants from various parts of minnesota will travel across the state with the goal of increasing their understanding of what drives minnesota's economy and how public policy affects the success of business in our state. They will tour various companies and talk directly with industry and company leaders about their economic impact to our state, their challenges, opportunities and future plans. The group is selected in april and the programs begins the following september. An alumni event is held once a year in a part of the state that was not part of the initial program year for participants. Leaders lab: we have concluded ten years of the program with well over 300 alumni. This program is modeled after leadership minnesota but targets developing business leaders. Leaders lab will takes 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.

Expenses: $137K

Education: the foundation hosts several events and webinars annually to educate business and community leaders on issues around the economy and workforce.

Expenses: $92K

Financials

FY 2023

Revenue

Contributions & grants$1.1M
Program service revenue$267K
Investment income
Other revenue
Total revenue$1.4M

Expenses

Grants paid$266K
Salaries & benefits$395K
Fundraising$12K
Other expenses$744K
Total expenses$1.4M
Total assets$880K
Net assets$684K

People

22 listed

NameRoleCompensation

DOUG LOON

PRESIDENT/CEO

Board

1 hrs/wk

JENNIFER BYERS

EXECUTIVE DIRECTOR

Board

30 hrs/wk

JEFF DEYOUNG

CHAIR

Board

1 hrs/wk

TRACI TAPANI

CHAIR-ELECT

Board

1 hrs/wk

JON CAMPBELL

PAST CHAIR

Board

1 hrs/wk

RICK BAUERLY

DIRECTOR

Board

1 hrs/wk

LISA BODINE

DIRECTOR

Board

1 hrs/wk

JILL RENSLOW

DIRECTOR

Board

1 hrs/wk

DARIN LYNCH

DIRECTOR

Board

1 hrs/wk

JOHN MARSHALL

DIRECTOR

Board

1 hrs/wk

SUSAN MARVIN

DIRECTOR

Board

1 hrs/wk

TIM PENNY

DIRECTOR

Board

1 hrs/wk

DAVID RUDOLPH

DIRECTOR

Board

1 hrs/wk

ERIC BLACK

DIRECTOR

Board

1 hrs/wk

BRET WEISS

DIRECTOR

Board

1 hrs/wk

LARA JURAS

DIRECTOR

Board

1 hrs/wk

ANNETTE KOJETIN

VICE PRESIDENT/CFO

Board

1 hrs/wk

LAURA BORDELON

SR. VICE PRESIDENT

Staff

0

BENTLEY GRAVES

DIRECTOR

Staff

0

ELIZABETH KADOUN

VICE PRESIDENT

Staff

0

JENNIFER MUNYER

VICE PRESIDENT

Staff

5 hrs/wk

VICTORIA STUTE

VICE PRESIDENT

Staff

0

Grants received

Showing 35 of 35

FromAmountPurposeYear
$10K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2024
$3K
General & Unrestricted
2024
$600K
INCREASING ENERGY EFFICIENCY AND WASTE EFFICIENCY PROJECT IMPLEMENTATION
2023
$50K
PROGRAM EXPENSES
2023
$10K
COMMUNITY VITALITY
2023
$5K
UNRESTRICTED GENERAL
2023
$3K
Leadership MN Sponsorship fund
2023
$450K
INCREASING ENERGY EFFICIENCY AND WASTE EFFICIENCY PROJECT IMPLEMENTATION
2022
$150K
PROGRAM EXPENSES
2022
$18K
General Support
2022
$10K
COMMUNITY VITALITY
2022
$450K
INCREASING ENERGY EFFICIENCY AND WASTE EFFICIENCY PROJECT IMPLEMENTATION
2021
$10K
SUPPORT THE ORGANIZATION THROUGH THE MINNESOTA 2030 STUDY
2021
$10K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2021
$10K
ECONOMIC SUSTAINABILITY GRANT
2021
$200K
INCREASING ENERGY EFFICIENCY AND WASTE EFFICIENCY PROJECT IMPLEMENTATION
2020
$15K
MULTIPLE PURPOSES
2020
$15K
To update research completed in 2013 that analyzed the Economic Contributions of Immigrants in Minnesota
2020
$15K
To update research completed in 2013 that analyzed the Economic Contributions of Immigrants in Minnesota
2020
$10K
SUPPORT THE MISSION OF THE ORGANIZATION.
2020
$10K
2020 ECONOMIC SUSTAINABILITY GRANT
2020
$5K
PROJECT SUPPORT FOR MINNESOTA 2030 RESEARCH PROJECT IN RURAL MINNESOTA
2020
$450K
INCREASING ENERGY EFFICIENCY AND WASTE EFFICIENCY PROJECT IMPLEMENTATION
2019
$13K
MULTIPLE GRANTS
2019
$10K
TO SUPPORT THE MISSION OF THE ORGANIZATION.
2019
$5K
TO SUPPORT THE MINNESOTA: 2030 STUDY THAT TAKES A LONG-TERM LOOK AT THE DEVELOPMENT OF MINNESOTA'S ECONOMY.
2019
$5K
TO PROVIDE SUPPORT FOR"MINNESOTA 2030: EMPOWERING MINNESOTA'S ECONOMY -- A PREVIEW OF GROUNDBREAKING ECONOMIC RESEARCH."
2019
$200K
INCREASING ENERGY EFFICIENCY AND WASTE EFFICIENCY PROJECT IMPLEMENTATION
2018
$49K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2018
$65K
INCREASING ENERGY EFFICIENCY AND WASTE EFFICIENCY PROJECT IMPLEMENTATION
2017

Funded by

$2.9M from 14 funders · 35 grants · 2017–2024

Minnesota Waste Wise Foundation

$2.4M · 7 grants · 2017–2023

Minnesota Chamber Of Commerce And

$200K · 2 grants · 2022–2023

Saint Paul & Minnesota Foundation

$84K · 4 grants · 2018–2024

Xcel Energy Foundation

$40K · 4 grants · 2020–2023

Initiative Foundation

$35K · 4 grants · 2019–2021

The McKnight Foundation

$30K · 2 grants · 2020

Thrivent Financial for Lutherans

$18K · 1 grant · 2022

Details

EIN411453093
NTEE codeW11
Subsection03
Ruling date1983-10
Formed1983
Employees3
Volunteers12
MINNESOTA CHAMBER FOUNDATION — Mission, Financials & Grants Received | Grantivo