Minneapolis Saint Paul Regional Economic
THE MISSION OF THE GREATER MSP PARTNERSHIP IS TO ACCELERATE REGIONAL COMPETITIVENESS AND INCLUSIVE ECONOMIC GROWTH THROUGH JOB CREATION, CAPITAL INVESTMENT AND EXECUTION OF STRATEGIC INITIATIVES. THE PARTNERSHIP WORKS TO STRENGTHEN OUR REGION'S GLOBAL SECTORS, PRIORITIZE TALENT, AND TELL OUR STORY.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.4M
+31.1% YoY
Annual Giving
$60K
+140.0% YoY
Grant Count
3
+200.0% YoY
Avg Grant Size
$20K
-20.0% YoY
About Minneapolis Saint Paul Regional Economic
Based on IRS filings
Minneapolis Saint Paul Regional Economic is a nonprofit organization focused on Community Improvement & Capacity Building, based in SAINT PAUL, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.4M in total assets. In 2024, it awarded 3 grants totaling $60K. Net investment income was $89K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,385,747 | $6,398,281 | $5,387,494 |
| Revenue | $10,270,115 | $8,008,937 | $6,796,435 |
| Expenses | $8,633,502 | $7,635,137 | $6,890,625 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $88,985 | $53,575 | $10,230 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PETER FROSCH | PRESIDENT & CEO | 40 | $501,135 |
| TONYA ALLEN | DIRECTOR | 0.5 | — |
| COMMISSIONER DAVE BEER | DIRECTOR | 0.5 | — |
| MITCH BLESKE | DIRECTOR | 0.5 | — |
| DOUG CARNIVAL | OF COUNSEL | 0.5 | — |
| MAYOR MELVIN CARTER | DIRECTOR | 0.5 | — |
| PRESIDENT REBECCA CUNNINGHAM | DIRECTOR | 0.5 | — |
| DANA ERICKSON | DIRECTOR | 0.5 | — |
| LISA ERICKSON | DIRECTOR | 0.5 | — |
| JEFFREY ETTINGER | DIRECTOR (UNTIL 2/29/2024) | 0.5 | — |
| COMMISSIONER IRENE FERNANDO | DIRECTOR | 0.5 | — |
| BOB FRENZEL | DIRECTOR | 0.5 | — |
| MAYOR JACOB FREY | DIRECTOR | 0.5 | — |
| CHRIS GALVIN | DIRECTOR | 0.5 | — |
| COMMISSIONER MIKE GAMACHE | DIRECTOR | 0.5 | — |
| DARREL GERMAN | DIRECTOR (UNTIL 5/23/2024) | 0.5 | — |
| DOMINIC IANNAZZO | DIRECTOR | 0.5 | — |
| DAN JOHNSON | DIRECTOR (UNTIL 12/31/2024) | 0.5 | — |
| DR ERIC JOLLY | DIRECTOR | 0.5 | — |
| COMMISSIONER STAN KARWOSKI | DIRECTOR | 0.5 | — |
| BARBARA KOSLOSKI | DIRECTOR | 0.5 | — |
| AUDREY LUCAS | DIRECTOR | 0.5 | — |
| MAYOR MIKE MAGUIRE | DIRECTOR | 0.5 | — |
| MATT MARSH | DIRECTOR | 0.5 | — |
| CHAIRMAN COLE MILLER | DIRECTOR | 0.5 | — |
| JON NUDI | DIRECTOR (UNTIL 3/1/2024) | 0.5 | — |
| LAURA OBERST | DIRECTOR | 0.5 | — |
| COMMISSIONER RAFAEL ORTEGA | DIRECTOR | 0.5 | — |
| RT RYBAK | DIRECTOR | 0.5 | — |
| SAHIL SANGHVI | DIRECTOR | 0.5 | — |
| COMMISSIONER SCOTT SCHULTE | DIRECTOR (UNTIL 1/16/2024) | 0.5 | — |
| COMMISSIONER MIKE SLAVIK | DIRECTOR (UNTIL 12/31/2024) | 0.5 | — |
| CHRISTINE SOVEREIGN | DIRECTOR | 0.5 | — |
| JOHN STAUCH | DIRECTOR | 0.5 | — |
| JOHN STERN | DIRECTOR | 0.5 | — |
| COMMISSIONER MATT UDERMANN | DIRECTOR | 0.5 | — |
| ROBERT VISCHER | DIRECTOR | 0.5 | — |
| LAYSHA WARD | DIRECTOR (UNTIL 4/1/2024) | 0.5 | — |
| TIMOTHY A WELSH | DIRECTOR | 0.5 | — |
| BRADLEY WOOD | DIRECTOR | 0.5 | — |
| CHRISTOPHE BECK | CHAIRMAN | 1 | — |
| DENNIS DAHLEN | TREASURER | 0.5 | — |
| RAVI NORMAN | VICE CHAIR | 0.5 | — |
| CATHERINE PENKERT | VICE PRESIDENT, OPERATIONS | 40 | $227,378 |
| MATTHEW K LEWIS | VICE PRESIDENT, PARTNERSHIP STRATEGY | 40 | $257,654 |
| MORRIS GOODWIN JR | MANAGING DIRECTOR, FORGE NORTH | 40 | $252,260 |
| AMANDA TAYLOR | VICE PRESIDENT, BUSINESS INVESTMENT | 40 | $247,975 |
| JULIA SILVIS | MANAGING DIRECTOR, RESEARCH AND INTELLIGENCE | 40 | $215,537 |
| KRISTIN GUILD | DIRECTOR, BUSINESS BRIDGE AND TALENT SOLUTIONS | 40 | $175,565 |
| IEESHA M COLLINS | ENTERPRISE DIRECTOR, TALENT, INCLUSION, & ENGAGEME | 40 | $198,252 |
| JENNIFER M LINDEMER | DIRECTOR, ORGANIZATIONAL DEVELOPMENT | 40 | $183,535 |
| JOANNE BERKENKAMP | MANAGING DIRECTOR, MBOLD | 40 | $193,838 |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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The Geyer Family Foundation
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Love 4 One Another Charities
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Donald and Luella Zibell Family Foundation
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Assets
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Total Given
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Minnesota Citizens Concerned
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Assets
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Total Given
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Clearway Minnesota (sm)
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Assets
—
Grants
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Total Given
$442K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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