Minnesota State Fair Foundation
The Minnesota State Fair Foundation is a 501(c)(3) nonprofit fundraising arm of the Minnesota State Fair, soliciting memberships, donations, event proceeds, merchandise sales, and endowment gifts to grant charitable support for Fair preservation, education, and capital projects, having distributed $15M+ since 2003.
- Company typePrivate
- Founded2001
- HeadquartersSaint Paul, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Minnesota State Fair Foundation does
The Minnesota State Fair Foundation is a 501(c)(3) nonprofit organization established in 2001 and operationalized in 2002 as the dedicated fundraising arm for the Minnesota State Fair. It solicits, manages, and disburses charitable contributions in support of the Fair's preservation, educational programs, and capital improvement projects. Since 2003, the Foundation has cumulatively granted more than $15 million to the State Fair, with a peak annual grant year of $2.35 million in 2014. The organization operates from the J.V. Bailey House on the State Fair grounds in Saint Paul, Minnesota, supported by a small staff of 1-10 employees and a volunteer base exceeding 250 individuals who contribute more than 2,300 hours annually.
The Foundation's revenue model is multi-streamed: recurring individual memberships at two tiers (Friends of the Fair at $25+/year and Grand Champion Club at $1,000+/year), one-time donations and gifts, special event proceeds (Taste of the Fair, First Glance), merchandise sales through StateFairWear apparel and Blue Ribbon Bargain Books, endowment gifts with a $20,000+ minimum threshold, and newer channels including cryptocurrency donations and stock transfers processed via LPL Financial. Its customer/donor segments are individual donors (primary), corporate partners (secondary), and State Fair vendors (secondary). The Foundation maintains strategic partnerships with the Minnesota Historical Society (co-operation of the History & Heritage Center and History Walking Tour), PR firm Padilla, and corporate sponsor By The Yard for the Taste of the Fair event. Donor recognition infrastructure includes 5,000+ personalized engraved bricks installed on fairgrounds and named endowments providing permanent recognition.
Strategically, the Foundation has executed multiple capital campaigns including the $4+ million History & Heritage Campaign completed in 2015, the J.V. Bailey House restoration in 2006, and currently active campaigns supporting the 4-H Building and Swine Barn improvement projects. Recent channel diversification into cryptocurrency and stock transfers signals adaptation to modern giving vehicles, while the 2022 engagement of Padilla for the Foundation's 20th anniversary reflects an investment in external communications capacity to support ongoing fundraising momentum.
Minnesota State Fair Foundation firmographics
Firmographics- Name
- Minnesota State Fair Foundation
- Legal name
- Minnesota State Fair Foundation
- Website
- https://msffoundation.org
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- The Minnesota State Fair Foundation is a 501(c)(3) nonprofit fundraising arm of the Minnesota State Fair, soliciting memberships, donations, event proceeds, merchandise sales, and endowment gifts to grant charitable support for Fair preservation, education, and capital projects, having distributed $15M+ since 2003.
- Ownership category
- akta.pro rank
Minnesota State Fair Foundation industry classification
Industry- Product category
- Nonprofit Foundation Fundraising
- NAICS
- Grantmaking Foundations (813211), Grantmaking and Giving Services (8132)
- SIC
- Services-Membership Organizations (8600)
- akta.pro primary industry
- Fairgrounds & Expo Parks (THAHAAAH)
- akta.pro secondary industries
- Family, Kids & Education Fairs (MPAGAFAH), Philanthropic & Charitable Trust Services (FSAAANAI)
Keywords
Where Minnesota State Fair Foundation is headquartered
LocationHeadquarters
- HQ city
- Saint Paul
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Minnesota State Fair Foundation business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Marketing or Sales, Others
Revenue model
- Membership Programs: Annual memberships including Friends of the Fair (starting at $25/year), Grand Champion Club, and 1854 Society for planned giving donors. Members receive benefits such as admission tickets, parking, and recognition during the fair.
- Donations and Gifts: Direct charitable contributions to support the Minnesota State Fair's buildings, programs, and initiatives. Donors can designate gifts to specific program areas or greatest need.
- Special Events: Revenue from Taste of the Fair (annual fundraiser with ticket sales, sponsorships, and auction proceeds) and First Glance (fine arts preview event).
- Merchandise Sales: Proceeds from StateFairWear gift shops and commemorative art merchandise sold at the fairgrounds and online.
- Endowment Gifts: Permanent endowed funds with minimum $20,000 requirement that provide ongoing support for designated purposes in perpetuity.
- Blue Ribbon Bargain Books: Sale of discount books at the fairgrounds during the State Fair event, with all proceeds benefiting the Foundation.
- Cryptocurrency Donations: Acceptance of cryptocurrency donations through cryptoforcharity.io platform.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Friends of the Fair membership starting at $25 per year |
| One time/ perpetual license | Pay-as-you-go | Welcome Wall tiles at $600 each |
| One time/ perpetual license | Multi-year contract | Named Endowment minimum of $20,000 |
| Transaction based/ take rate | Pay-as-you-go | Blue Ribbon Bargain Books sold at fairgrounds |
Go-to-market motion1 record
Distribution channels7 records
Marketing channels10 records
Minnesota State Fair Foundation product offering
Product offeringCore offering
The Minnesota State Fair Foundation is a 501(c)(3) nonprofit that raises and manages charitable contributions to fund buildings, programs, and initiatives of the Minnesota State Fair. Its core offerings include tiered annual memberships (Friends of the Fair, Grand Champion Club), planned giving vehicles (1854 Society, endowments with Named Funds at $20,000 minimum), donor recognition products (Welcome Wall tiles, recognition benches, arena seats), fundraising events (Taste of the Fair, First Glance), and merchandise sales (Blue Ribbon Bargain Books, State FairWear).
Product overview
The Minnesota State Fair Foundation is a 501(c)(3) nonprofit organization that serves as the fundraising arm for the Minnesota State Fair. The Foundation's portfolio consists primarily of donor engagement programs rather than a traditional product platform. Key offerings include membership programs (Friends of the Fair starting at $25/year, Grand Champion Club at $1,000+/year), planned giving options (1854 Society, endowment programs with Named Funds at $20,000 minimum), and donor recognition items (Welcome Wall tiles, benches, arena seats). The Foundation also operates fundraising events (Taste of the Fair, First Glance, Blue Ribbon BINGO), sells merchandise (Blue Ribbon Bargain Books, State FairWear), and directs contributions to six impact areas: Agricultural Education, Arts and Culture, Education, Fairgrounds Environment, History and Heritage, and Greatest Need. Special projects have included the 4-H Building Campaign and Swine Barn Improvement Project.
Differentiator
Problem solved
Functional benefit
Brands
- Friends of the Fair: Official membership program supporting the Minnesota State Fair with various benefit levels starting at $25 per year.
- 1854 Society
- Grand Champion Club
Products and services
- Friends of the Fair Membership Annual membership program offering benefits for the Minnesota State Fair; membership levels start at $25 per year and include benefits during the 12-day State Fair.
- Grand Champion Club Premium membership level for donors giving $1,000 or more annually, including behind-the-scenes events and special recognition on the fairgrounds.
- 1854 Society Recognition society for donors who have made planned gifts, bequests, or included the Foundation in their estate plans, honoring the Fair's 1854 founding year.
- Recognition Programs Includes Welcome Wall tiles ($600 each), recognition benches, and personalized arena seats that commemorate donors on the fairgrounds.
- Blue Ribbon Bargain Books Discount booklets offering over $500 in savings at fair vendors; all proceeds from books sold on the fairgrounds benefit the Foundation.
- State FairWear Official State Fair merchandise including commemorative art, posters, and apparel sold at gift shops on the fairgrounds and online; a portion of purchases supports the Foundation.
- Taste of the Fair Annual fundraiser held one week before the State Fair featuring food, drink, entertainment, and live/silent auctions at the International Bazaar; the Foundation's largest fundraising event.
- First Glance Private preview event of the Fine Arts Exhibition featuring over 300 works by Minnesota artists before the State Fair opens; ticketed event benefiting the Foundation.
- Program Area Giving Donor-designatable giving categories including Agricultural Education, Arts and Culture, Education, Fairgrounds Environment, History and Heritage, and Greatest Need.
- Endowment Program Permanent, self-sustaining endowed funds that provide ongoing support for the State Fair; Named Funds require a minimum gift of $20,000, payable over up to five years.
- Special Projects Specific capital improvement initiatives such as the 4-H Building Campaign and Swine Barn Improvement Project (Robert A. Christensen Pavilion).
- Blue Ribbon BINGO BINGO game held in Ramberg Center during the fair; proceeds support the Foundation and winners receive admission tickets and prizes.
- History Walking Tour Self-guided tour created in partnership with the Minnesota Historical Society featuring various stops around the fairgrounds focusing on State Fair history.
Quantifiable outcome
- More than $15 million in cumulative grants to the Minnesota State Fair since 2003
- +3 more outcomes
Companies that use Minnesota State Fair Foundation
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles3 records
Minnesota State Fair Foundation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Minnesota State Fair Foundation partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Minnesota Historical SocietycoreLong-standing partnership for the History Walking Tour and the History & Heritage Center located in the West End Market. The partnership has developed educational exhibits and preserves State Fair archives and photographs for public accessibility.
- The Sioux ChefminorIndigenous Food Lab at Dan Patch Park presented by the Sioux Chef, bringing cultural programming to the fairgrounds.
- PadillaminorLeading public relations firm based in Minneapolis that donated services to help the Foundation increase awareness and highlight accomplishments during its 20th anniversary in 2022.
- By The Yard Inc.minorProud sponsor of the Taste of the Fair annual fundraiser event.
- LPL FinancialminorBrokerage firm used for stock gift transfers. Stock gift transfers processed through DTC #0075, Account # 22016165.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
Minnesota State Fair Foundation competitors and assessment
Company assessmentBroad incumbents
- Minnesota Historical Society: Existing strategic partner of the Foundation (History & Heritage Center); broader statewide cultural/heritage nonprofit with major endowment, large donor base, and statewide fundraising infrastructure that competes for the same Minnesota charitable dollars.
- Guthrie Theater: Major Minnesota cultural institution with robust foundation, membership, and major-gift programs; comparable nonprofit fundraising scale and Minneapolis-Saint Paul geographic overlap, competing for similar donor pools.
Regional players
- Como Friends: Independent nonprofit supporting Como Park Zoo and Conservatory in Saint Paul, MN — same Minnesota/regional fundraising geography and similar community-institution foundation model with memberships, events, and capital campaigns.
Direct peers
- Wisconsin State Fair Park Foundation: Charitable entity supporting Wisconsin State Fair Park facilities, youth programs (including 4-H equivalents), and capital projects — closely analogous in scope and donor base to the Minnesota State Fair Foundation.
- Iowa State Fair Blue Ribbon Foundation: Fundraising arm of the Iowa State Fair, structured as a 501(c)(3) supporting fairgrounds improvements, scholarships, and agricultural education — near-identical model to the Minnesota State Fair Foundation, including membership programs and recognition items.
- Indiana State Fair Foundation: Charitable foundation supporting the Indiana State Fairgrounds through donations, endowments, and capital campaigns for buildings and youth programs — directly comparable peer in mission, structure, and revenue model.
- Eastern States Exposition (The Big E): Operates a major regional fair/exposition in West Springfield, MA with associated nonprofit fundraising arm; comparable in scale and mission to a state fair foundation supporting facilities and programs.
- Texas State Fair Foundation (State Fair of Texas): Fundraising and grantmaking entity supporting the State Fair of Texas in Dallas, including Big Tex Scholarship Program and fairgrounds capital needs — comparable in scale and structure.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Minnesota State Fair Foundation social profiles
Digital presenceMinnesota State Fair Foundation compliance and trust
Trust signalCompliance2 records
Minnesota State Fair Foundation financial estimates
Financial estimateRevenue estimate
Valuation estimate
Minnesota State Fair Foundation leadership team
Management profileNumber of profiles
Profiles2 records
Minnesota State Fair Foundation funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Minnesota State Fair Foundation M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Minnesota State Fair Foundation
What does Minnesota State Fair Foundation do?
The Minnesota State Fair Foundation is a 501(c)(3) nonprofit that raises and manages charitable contributions to fund buildings, programs, and initiatives of the Minnesota State Fair. Its core offerings include tiered annual memberships (Friends of the Fair, Grand Champion Club), planned giving vehicles (1854 Society, endowments with Named Funds at $20,000 minimum), donor recognition products (Welcome Wall tiles, recognition benches, arena seats), fundraising events (Taste of the Fair, First Glance), and merchandise sales (Blue Ribbon Bargain Books, State FairWear).
Is Minnesota State Fair Foundation a public or private company?
Minnesota State Fair Foundation is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Minnesota State Fair Foundation founded?
Minnesota State Fair Foundation was founded in 2001. It employs 1 to 10 people.
Where is Minnesota State Fair Foundation based?
Minnesota State Fair Foundation is headquartered in Saint Paul, United States, in the North America region.
How does Minnesota State Fair Foundation make money?
Seven revenue lines are on record. Membership Programs are the primary driver. The others are donations and Gifts, special Events, merchandise Sales, endowment Gifts, blue Ribbon Bargain Books and cryptocurrency Donations.
Who are Minnesota State Fair Foundation's main competitors?
Broad incumbents on record are Minnesota Historical Society and Guthrie Theater. Como Friends is listed as a regional player. Direct peers are Wisconsin State Fair Park Foundation, Iowa State Fair Blue Ribbon Foundation, Indiana State Fair Foundation, Eastern States Exposition (The Big E) and Texas State Fair Foundation (State Fair of Texas).
Does Minnesota State Fair Foundation have an API?
No public API is recorded for Minnesota State Fair Foundation.
What industry is Minnesota State Fair Foundation in?
Minnesota State Fair Foundation's product category is Nonprofit Foundation Fundraising. Its primary akta.pro industry code is THAHAAAH, Fairgrounds & Expo Parks, with a secondary code of MPAGAFAH, Family, Kids & Education Fairs. Its NAICS code is 813211 and its SIC code is 8600.