Minnesota Chamber Foundation
Connects Minnesota businesses and communities to strengthen the state's economy and develop workforce solutions that help employers find skilled, qualified workers. For fiscal year 2024 it reported $1.0M in revenue, $1.1M in expenses, and $648K in net assets.Pt I
- Founded
- 1983
- Type
- Public charity (501(c)(3)) · Public & Societal Benefit
- Location
- St Paul, MN
- Filings
- 5 on file (2020–2024)
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Summary of the Filing
Where the work happens
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.
Grow 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!
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.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 84% | — | — |
| Overhead ratio | 15% | — | — |
| Fundraising cost ratio | 2% | — | — |
| Revenue growth | -24% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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