SAINT PAUL, MN
African Economic Development Solutions
Quick Facts
- EIN
- 80-0345712
- Location
- SAINT PAUL, MN
- Category
- Education
- NTEE Code
- B60
- Total Assets
- $13.7M
- Annual Income
- $5.2M
- Annual Revenue
- $5.2M
- IRS Ruling Year
- 2009
- Tax Subsection
- 501(c)(03)
About This Organization
African Economic Development Solutions is a nonprofit organization based in SAINT PAUL, MN. It received its IRS tax-exempt ruling in 2009. The organization is classified under IRC Section 501(c)(03). It operates in the area of education. Total assets are reported at $13.7M. Annual income is $5.2M. The organization has received $3.4M in foundation grants from 12 funders. It has received $2.6M in federal awards from 4 agencies.
Grants Received from Foundations
Foundation grants awarded to African Economic Development Solutions, based on IRS 990-PF filings.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Mcknight Foundation | $100K | 2024 | for general operating support |
| Mcknight Foundation | $20K | 2024 | to plan and pilot programming and build new facility for increased artistic opportunities for African immigrant and next generation artists so they can catalyze the leadership, power, and creativity of artists and culture bearers |
| Otto Bremer Trust | $500K | 2023 | LITTLE AFRICA PLAZA |
| Target Foundation | $150K | 2023 | ECONOMIC OPPORTUNITY - HOMETOWN |
| Target Foundation | $150K | 2023 | ECONOMIC OPPORTUNITY - HOMETOWN |
| Northwest Area Foundation | $125K | 2023 | GENERAL OPERATING SUPPORT |
| F R Bigelow Foundation Trust 555 | $75K | 2023 | LITTLE AFRICA PLAZA |
| F R Bigelow Foundation Trust 555 | $75K | 2023 | LITTLE AFRICA PLAZA |
| Otto Bremer Trust | $50K | 2023 | GENERAL OPERATIONS |
| The Mortenson Family Foundation | $33K | 2023 | UNRESTRICTED |
| F R Bigelow Foundation Trust 555 | $30K | 2023 | LITTLE AFRICA PLAZA |
| Mcknight Foundation | $20K | 2023 | To plan and pilot programming and build new facility for increased artistic opportunities for African immigrant and next generation artists so they can catalyze the leadership, power, and creativity of artists and culture bearers |
| Allstate Foundation | $5K | 2023 | AEDS GENERAL OPERATING SUPPORT - ENHANCING EQUITY, INCLUSION AND DIVERSITY |
| Northwest Area Foundation | $125K | 2022 | SUPPORTING AFRICAN IMMIGRANT OWNED SMALL BUSINESSES AND MINORITY OWNED BUSINESSES |
| Northwest Area Foundation | $125K | 2022 | SUPPORTING AFRICAN IMMIGRANT OWNED SMALL BUSINESSES AND MINORITY OWNED BUSINESSES |
| Mcknight Foundation | $100K | 2022 | To redevelop a vacant commercial property in the Little Africa Cultural District to include a Halal meat market and grocery, retail space and community spaces, and AEDS offices |
| Mcknight Foundation | $100K | 2022 | For general operating support |
| Bcbsm Foundation Inc. | $100K | 2022 | African Minnesotan Early Childhood Provider Initiative |
| Mcknight Foundation | $100K | 2022 | For general operating support |
| Bcbsm Foundation Inc. | $100K | 2022 | African Minnesotan Early Childhood Provider Initiative |
| Mcknight Foundation | $100K | 2022 | To redevelop a vacant commercial property in the Little Africa Cultural District to include a Halal meat market and grocery, retail space and community spaces, and AEDS offices |
| Otto Bremer Trust | $50K | 2022 | AEDS GENERAL OPERATING AND CAPITAL PROJECT REQUEST |
| Otto Bremer Trust | $50K | 2022 | AEDS GENERAL OPERATING AND CAPITAL PROJECT REQUEST |
| F R Bigelow Foundation Trust 555 | $50K | 2022 | 2022 TRANSITIONAL GEN OP GRANT |
| F R Bigelow Foundation Trust 555 | $50K | 2022 | 2022 TRANSITIONAL GEN OP GRANT |
| The Mortenson Family Foundation | $33K | 2022 | UNRESTRICTED |
| The Mortenson Family Foundation | $33K | 2022 | UNRESTRICTED |
| Mardag Foundation | $25K | 2022 | AEDS ART AND CULTURE CAPACITY BUILDING |
| Mardag Foundation | $25K | 2022 | AEDS ART AND CULTURE CAPACITY BUILDING |
| Pohlad Family Foundation | $500 | 2022 | GENERAL OPERATING |
| Pohlad Family Foundation | $500 | 2022 | GENERAL OPERATING |
| Northwest Area Foundation | $125K | 2021 | SUPPORTING AFRICAN IMMIGRANT OWNED AND MINORITY OWNED SMALL BUSINESSES |
| Mcknight Foundation | $100K | 2021 | for general operating support |
| Mcknight Foundation | $100K | 2021 | for general operating support |
| Mcknight Foundation | $100K | 2021 | for general operating support |
| F R Bigelow Foundation Trust 555 | $50K | 2021 | LITTLE AFRICA PLAZA |
| Mcknight Foundation | $150K | 2020 | To build capacity in delivering services that build wealth within the Twin Cities African immigrant communities, and to help cover costs associated with CARES Act funding |
| Mcknight Foundation | $150K | 2020 | To build capacity in delivering services that build wealth within the Twin Cities African immigrant communities, and to help cover costs associated with CARES Act funding |
| Otto Bremer Trust | $50K | 2020 | SUPPORTING AFRICAN IMMIGRANT BUSINESSES |
| Otto Bremer Trust | $40K | 2020 | GENERAL OPERATIONS |
| Bush Foundation | $25K | 2020 | TO BE A LEADER AND LEARNER AS A MEMBER OF COMMUNITY CREATIVITY COHORT 2, A 3-YEAR PARTICIPANT-LED CAPACITY BUILDING EFFORT TO SUPPORT ORGANIZATIONS LED BY AND SERVING PEOPLE OF COLOR AND INDIGENOUS PEOPLE, RURAL COMMUNITIES, AND SMALLER CITIES AND TOWNS |
| Bush Foundation | $15K | 2020 | SPONSORSHIP OF AFRICAN LEADERSHIP CONFERENCE |
| Affinity Plus Federal Credit Union Foundation | $10K | 2020 | TWIN CITIES HEALING |
| Mcknight Foundation | $2K | 2020 | To build capacity in delivering services that build wealth within the Twin Cities African immigrant communities, and to help cover costs associated with CARES Act funding |
| Mcknight Foundation | $2K | 2020 | To build capacity in delivering services that build wealth within the Twin Cities African immigrant communities, and to help cover costs associated with CARES Act funding |
Federal Awards Received
Federal grants and cooperative agreements from USAspending.gov.
| Agency | Program | Amount | Year |
|---|---|---|---|
| Department of the Treasury | 9 awards totaling $2,416,439 | $2.4M | 2025 |
| Small Business Administration | 5 awards totaling $215,857 | $216K | 2025 |
| National Endowment for the Arts | 1 awards totaling $10,000 | $10K | 2025 |
| Department of Agriculture | 1 awards totaling N/A | — | 2025 |
Frequently Asked Questions
What does African Economic Development Solutions do?
African Economic Development Solutions is a nonprofit organization focused on education, based in SAINT PAUL, MN. It is classified under IRC Section 501(c)(03).
Who funds African Economic Development Solutions?
African Economic Development Solutions has received foundation grants from Mcknight Foundation, Otto Bremer Trust, Target Foundation, and others. It has also received federal awards from Department of the Treasury, Small Business Administration, National Endowment for the Arts, among others.
What is African Economic Development Solutions's annual revenue?
African Economic Development Solutions reports total assets of $13.7M. Annual income is $5.2M.
Where is African Economic Development Solutions located?
African Economic Development Solutions is located in SAINT PAUL, MN.
Is African Economic Development Solutions a 501(c)(3)?
Yes, African Economic Development Solutions is a 501(c)(3) tax-exempt organization. Its EIN is 80-0345712. Donations to this organization may be tax-deductible.
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