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Minnesota Technology Association

MINNEAPOLIS, MN EIN: 41-1440301 Website

MINNESOTA TECHNOLOGY ASSOCIATION'S MISSION IS TO BUILD A MORE VIBRANT, INNOVATIVE, AND INCLUSIVE TECHNOLOGY ECOSYSTEM IN MINNESOTA BY ENABLING THE CONNECTIONS, PUBLIC POLICIES, AND PARTNERSHIPS NEEDED TO HELP OUR TECH COMMUNITY THRIVE.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.0M

+32.9% YoY

Annual Giving

$254K

-5.2% YoY

Grant Count

27

-12.9% YoY

Avg Grant Size

$9K

+8.8% YoY

About Minnesota Technology Association

Based on IRS filings

Minnesota Technology Association is a nonprofit organization focused on Community Improvement & Capacity Building, based in MINNEAPOLIS, MN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 27 grants totaling $254K. Net investment income was $23K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

ANGORABURNSVILLECHANHASSENCLEARWATERCORCORANCROOKSTONDASSELEDEN PRAIRIEEDINAEXCELSIORGOLDEN VALLEYHOPKINSLITTLE CANADAMAPLE GROVEMARSHALLMINNEAPOLISMINNETONKAMINNETRISTAMOORHEADOAKDALE

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$672K$1M$2M$3M2021202220232024
Metric202420232022
Total Assets$1,045,832$787,026$801,816
Revenue$2,425,062$2,445,001$2,367,285
Expenses$2,316,923$2,386,217$2,326,570
Qualifying Distributions
Net Investment Income$23,013$22,920$1,791
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$67K$134K$201K$268K25 grants202126 grants202231 grants202327 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

NEUROTYPE INC$17KALLIANT ENGINEERING$13KARCHITECT MCGLORY STUDIO…$13KITASCA CONSULTING GROUP …$13KUHL COMPANY$13KASTRIN BIOSCIENCES$12KPRIMAL HEALTH LLC$10KKAMP AUTOMATION$10KKLUGE DESIGN LLC$10KMONTERIS MEDICAL$10K

Grant Size Distribution

109 grants across all recorded years

109<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Neurotype Inc ($16,918), Alliant Engineering ($12,500), Architect Mcglory Studio Llc ($12,500).

RecipientPurposeAmount
ALLIANT ENGINEERING MINNEAPOLIS, MNSCITECH WAGE SUPPORT$12,500
ARCHITECT MCGLORY STUDIO LLC MINNEAPOLIS, MNSCITECH WAGE SUPPORT$12,500
ASTRIN BIOSCIENCES MINNEAPOLIS, MNSCITECH WAGE SUPPORT$11,690
ATIRIX MEDICAL SYSTEMS MINNETONKA, MNSCITECH WAGE SUPPORT$7,500
CHROMATIC 3D MATERIALS INC GOLDEN VALLEY, MNSCITECH WAGE SUPPORT$7,500
CRYOSA LLC ROSEVILLE, MNSCITECH WAGE SUPPORT$7,500
ESCAPE CLIMBING LITTLE CANADA, MNSCITECH WAGE SUPPORT$7,500
INVENSHURE MINNEAPOLIS, MNSCITECH WAGE SUPPORT$7,500
ITASCA CONSULTING GROUP INC MINNEAPOLIS, MNSCITECH WAGE SUPPORT$12,500
KAMP AUTOMATION WASECA, MNSCITECH WAGE SUPPORT$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

JEFF TOLLEFSONPRESIDENT & CEO$259KLONNI RANALLOVP OF FINANCE AND ADMINISTRA…$133KMOLLY DOYLEVP, COMMUNITY & MEMBER ENGAG…$127K

From 2024 filing

NameTitleHoursCompensation
JEFF TOLLEFSONPRESIDENT & CEO40$259,381
SRIDHAR KONERUBOARD CHAIR2
SARAH ENGSTROMVICE CHAIR2
MATTHEW RECKTREASURER2
DANIEL ABDULDIRECTOR2
DR SAMEER BADLANIDIRECTOR2
MATTHEW BAILEYDIRECTOR2
ANDY BINGENHEIMERDIRECTOR2
TAWANNA BLACKDIRECTOR2
KEVIN BOECKENSTEDTDIRECTOR2
ANNA BOROFFDIRECTOR2
ROBIN BROWNDIRECTOR2
MARC CARLSONDIRECTOR2
JULIE DURHAMDIRECTOR2
LUCINDA DUTOITDIRECTOR2
CARY FELBABDIRECTOR2
AMY FISHERDIRECTOR2
AMKA HODZICDIRECTOR2
CHRIS HOWEDIRECTOR2
JOSH JABSDIRECTOR2
TAMMYLYNNE JONASDIRECTOR2
JAKE KRINGSDIRECTOR2
RACHEL LOCKETTDIRECTOR2
CYRUS MORTONDIRECTOR2
MARK MURPHYDIRECTOR2
MEREDITH MURPHYDIRECTOR2
HANY OMARDIRECTOR2
ANUDEEP PARHARDIRECTOR2
JAMES PEICHELDIRECTOR2
TIM PETERSONDIRECTOR2
RAKHI PUROHITDIRECTOR2
CHRISTOPHER RENCEDIRECTOR2
PJ RITTERSDIRECTOR2
SARAH SEGERDIRECTOR2
JAMIE THINGELSTADDIRECTOR2
BETH TSCHIDADIRECTOR2
SHARON KENNEDY VICKERSDIRECTOR2
LONNI RANALLOVP OF FINANCE AND ADMINISTRATION40$132,969
MOLLY DOYLEVP, COMMUNITY & MEMBER ENGAGEMENT40$126,797

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Minnesota Technology Association?

Minnesota Technology Association is a nonprofit organization focused on Community Improvement & Capacity Building, based in MINNEAPOLIS, MN. It holds $1.0M in total assets as of 2024.

How large is Minnesota Technology Association?

As of 2024, Minnesota Technology Association holds $1.0M in total assets with $2.4M in annual revenue. It awarded 27 grants totaling $254K in 2024.

Where does Minnesota Technology Association operate?

Minnesota Technology Association has awarded grants in Minnesota.

What size grants does Minnesota Technology Association award?

In 2024, Minnesota Technology Association awarded 27 grants totaling $254K — an average of about $9K per grant, based on its IRS Form 990 filings.

What is Minnesota Technology Association's EIN?

Minnesota Technology Association's EIN (Employer Identification Number) is 41-1440301. IRS Form 990 filing data is available on this page for 2021–2024.

Explore Open Grants

Browse active grant opportunities in Minnesota Technology Association's focus areas in our free grants database

Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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