Minnesota Private Business Council
The Minnesota Private Business Council fights to advance policies that grow Minnesota jobs and to elect public officials committed to joining with us.
Minnesota Private Business Council at a glance
In short: Minnesota Private Business Council gave $738K across 5 grants in 2024 (avg $148K), mostly in Minnesota. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $738,100
- +149.8% vs 2023
- Grants made (2024)
- 5
- +150.0% vs 2023
- Average grant
- $147,620
- -0.1% vs 2023
- Median grant
- $10,000
- Total assets
- $185,524
- +142.4% vs 2023
- Primary geography
- Minnesota (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Minnesota Private Business Council funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
The largest 2024 recipient was Renew Minnesota ($685K). Together the top 5 received $738K.
Grant Size Distribution
7 grants across all recorded years
The most common grant size was under $50K: 5 grants of 7 (71%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 5 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2024, annual grant giving ranged from $296K (2023) to $738K (2024). In 2024 it made 5 grants totaling $738K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Renew Minnesota Minneapolis, MN | Political Contributions | $685,000 |
| Minnesota Police and Peace Officers Association St. Paul, MN | Support the Efforts and Activities of MPPOA. | $25,600 |
| Common Sense Minnesota Minneapolis, MN | Political Contributions | $10,000 |
| Minnesota Chamber of Commerce and Industry St. Paul, MN | Dvance public policy & job growth strategies to create an environment for businesses to prosper | $10,000 |
| Freedom Club Minnetonka, MN | Educate Minnesota Voters About Issues and Candidates. | $7,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants |
|---|---|---|---|---|---|
| 2024 | $185,524 | $1,734,451 | $1,595,355 | $738,100 | 5 |
| 2023 | $76,526 | $771,250 | $829,524 | $295,510 | 2 |
About Minnesota Private Business Council
Based on IRS filings
Minnesota Private Business Council is a public charity focused on Community Improvement & Capacity Building, based in Minnetonka, MN. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $186K in total assets. In 2024, it awarded 5 grants totaling $738K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Minnesota Private Business Council is led by James Schultz, President on every filing since 2023; 1 of 10 officers listed in 2024 is compensated.
Officers on the 2024 filing
James Schultz
President
On filings since 2023
54 hrs/week
$325K (2023) → $449K (2024)
Eric Else
Director
On filings since 2023
1 hr/week
No compensation reported
Mark Davis
Director
On filings since 2023
1 hr/week
No compensation reported
Martin Davis
Director
On filings since 2023
1 hr/week
No compensation reported
Michael O'Connor
Director
On filings since 2023
1 hr/week
No compensation reported
David Frauenshuh
Director
New on the 2024 filing
1 hr/week
No compensation reported
Mike McFadden
Director
New on the 2024 filing
1 hr/week
No compensation reported
Ronald Eibensteiner
Treasurer
On filings since 2023
1 hr/week
No compensation reported
Todd Paulson
Co-Chair
On filings since 2023
1 hr/week
No compensation reported
Tom Rosen
Co-Chair
On filings since 2023
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2023–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $449K, to James Schultz (President).
Frequently asked questions about Minnesota Private Business Council
How much does Minnesota Private Business Council give each year?
Minnesota Private Business Council gave $738K across 5 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $296K across 2 grants.
What is Minnesota Private Business Council's typical grant size?
Minnesota Private Business Council's median grant in 2024 was $10,000, and its average grant was $147,620, across 5 grants on its 2024 IRS Form 990.
Where does Minnesota Private Business Council give grants?
Minnesota Private Business Council gives mostly in Minnesota: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Minneapolis, MN (2 grants) and St. Paul, MN (2 grants).
Does Minnesota Private Business Council give general operating support?
Not in 2024: none of the 5 grants with a stated purpose on Minnesota Private Business Council's 2024 IRS Form 990 were described as general or operating support.
Who are Minnesota Private Business Council's largest grantees?
Minnesota Private Business Council's largest 2024 grantees include Renew Minnesota ($685,000), Minnesota Police and Peace Officers Association ($25,600) and Common Sense Minnesota ($10,000), according to its 2024 IRS Form 990. Together they received 98% of its itemized 2024 grant dollars.
How large is Minnesota Private Business Council?
Minnesota Private Business Council reported $186K in total assets on its 2024 IRS Form 990. Its revenue that year was $1.7M.
What is Minnesota Private Business Council?
Minnesota Private Business Council is a public charity focused on Community Improvement & Capacity Building, based in Minnetonka, MN. It holds $186K in total assets as of 2024.
What is Minnesota Private Business Council's EIN?
Minnesota Private Business Council's EIN (Employer Identification Number) is 92-3046590. IRS Form 990 filing data is available on this page for 2023–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2023 (received by the IRS August 27, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS October 15, 2025)
- IRS filings on file for fiscal years 2023–2024
Explore Open Grants
Browse active grant opportunities in Minnesota Private Business Council's focus areas in our free grants database
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Minnesota Private Business Council down — hundreds of funders to go?