Mission
BUILDING A STRONGER MINNESOTA THROUGH EDUCATION, SCHOLARSHIPS/GRANTS, RESEARCH AND OUTREACH BASED INCENTIVES.
Small Public Charity
MINNESOTA ECONOMIC DEVELOPMENT FOUNDATION
MINNESOTA ECONOMIC DEVELOPMENT FOUNDATION is a Small Public Charity headquartered in MINNEAPOLIS, MN. Financial data from the 2024 filing: $73K revenue, $60K expenses, $183K total assets. 4 publicly reported grants to this organization, totaling roughly $20K, appear in IRS filings.
EIN: 020684826
MINNEAPOLIS, MN
Chambers of Commerce & Business Leagues
NTEE: S41
Latest filing: 2024
Total Revenue$73K
Total Expenses$60K
Total Assets$183K
Grant Records4
Funding Total$20K
Filing Years2020–2024
Where $100 goes at Minnesota Economic Development Foundation
How Minnesota Economic Development Foundation divides every $100 it spends, from its own Form 990-EZ filings, averaged across 7 years.
$81
Programs
the work itself
$19
Everything else
operations and overhead
Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.
Inside the $81 for programs
$42
Minnesota Economic Development Foundation hosted aminnesota basic economic development course
$39
Building stronger minnesota communities through economic development outreach, education, training and research initiatives
Source: Form 990-EZ filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
TO SUPPORT MISSION OF BUILDING STRONGER MN COMMUNITITES THROUGH ECONOMIC DEVELOPMENT OUTREACH, EDUCATION, TRAINING AND RESEARCH INITIATIVES.
$5,000
TO SUPPORT MISSION OF BUILDING STRONGER MN COMMUNITITES THROUGH ECONOMIC DEVELOPMENT OUTREACH, EDUCATION, TRAINING AND RESEARCH INITIATIVES.
$5,000
TO SUPPORT MISSION OF BUILDING STRONGER MN COMMUNITITES THROUGH ECONOMIC DEVELOPMENT OUTREACH, EDUCATION, TRAINING AND RESEARCH INITIATIVES.
$5,000
TO SUPPORT MISSION OF BUILDING STRONGER MN COMMUNITITES THROUGH ECONOMIC DEVELOPMENT OUTREACH, EDUCATION, TRAINING AND RESEARCH INITIATIVES.
$5,000
Showing up to 5 of 4 total records — full history available with membership.
Officers & Directors
DIRECTOR
Heidi Peper
DIRECTOR
Keith Dahl
VICE CHAIR/TREASURER
Leslie Dingmann
DIRECTOR
Matt Brown
CHAIR
Rebecca Kurtz
DIRECTOR
Sandy Voigt
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $73K | $60K | $183K |
| 2023 | $50K | $50K | $171K |
| 2022 | $61K | $37K | $167K |
| 2021 | $38K | $53K | $138K |
| 2020 | $59K | $27K | $152K |
Between 2020 and 2024, reported annual revenue grew from $59K to $73K (+25%), with total assets most recently reported at $183K.
Interactive year-over-year charts and full filing details available with membership.