Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1983.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
84 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
21 people listed on the 990.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Connects Minnesota businesses and communities to strengthen the state's economy and develop workforce solutions that help employers find skilled, qualified workers.
Questions for Minnesota Chamber Foundation
Your first name shows with your question. Minnesota Chamber Foundation answers here, for everyone.
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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.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $718K | $776K |
| Total assetsLn 16 | $880K | $879K |
| LiabilitiesLn 26 | $195K | $230K |
| Net assetsLn 32 | $684K | $648K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $362K | $362K | ||
| Other salaries and wagesLn 7 | $415K | $270K | $134K | $12K |
| Other employee benefitsLn 9 | $150 | $150 | ||
| Accounting feesLn 11c | $8K | $2K | $6K | |
| Other fees for servicesLn 11g | $7K | $7K | ||
| Advertising and promotionLn 12 | $172 | $172 | ||
| Office expensesLn 13 | $23K | $10K | $13K | $10 |
| OccupancyLn 16 | $6K | $4K | $2K | $25 |
| TravelLn 17 | $153K | $153K | $304 | |
| Conferences, conventions and meetingsLn 19 | $52K | $47K | $3K | $1K |
| InsuranceLn 23 | $894 | $894 | ||
| Other expenses (24a–d)Ln 24 | $39K | $38K | $717 | |
| Total functional expensesLn 25 | $1.1M | $893K | $160K | $13K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest Viewing | $1.0M | $1.1M | −$36K | $648K | 990 PDF |
| FY2024 | $1.4M | $1.4M | −$54K | $684K | 990 PDF |
| FY2023 | $1.2M | $1.1M | $151K | $738K | 990 PDF |
| FY2022 | $930K | $958K | −$27K | $587K | 990 PDF |
| FY2021 | $942K | $951K | −$9K | $614K | 990 PDF |
| FY2020 | $1.1M | $898K | $155K | $623K | 990 PDF |
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Schedules filed Part IV
See the full FY2025 990 (6 parts)
Part I · Summary $1,030,337 revenue, 12 lines filed
Part VI · Governance 16 of 18 board members independent, no flags
Part VIII · Statement of revenue $1,030,337 across 5 lines filed
Part IX · Statement of functional expenses $1,066,240 across 12 lines filed
Part X · Balance sheet $878,601 assets, 11 lines filed
Part XI · Reconciliation of net assets $648,423 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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