Hospitality Minnesota Education Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
WE ARE INVESTING IN OUR INDUSTRY'S FUTURE BY TRAINING THE WORKFORCE OF TODAY AND INSPIRING THE LEADERS OF TOMORROW.
- Income
- $460,805
- Spending
- $387,267
- Spent on programs
- 76%
- Reserves
- 7.5 months of spending
- Largest source of income
- donations and private grants, 65%
- Employees
- 0
- Volunteers
- 50
- Highest pay
- $171,595, president/ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 93 out of 100. Higher than 74% of charities in its peer group (education, $250k to $1m).
Reserves
28 of 35Spendable reserves would cover 7.5 months of spending.
Debt
20 of 20It owes 6% of what it owns.
Living within its means
15 of 15Income exceeded spending by 16% of income.
Income trend
15 of 15Income rose 29% on the year before.
Spending floor
15 of 1576% of spending went to programs and raising each dollar of donations cost 16 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 85 out of 100. Higher than 76% of charities in its peer group (education, $250k to $1m).
Independent board
25 of 2530 of 30 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $257,639 spent. PROSTART PROGRAM:PROSTART IS A TWO-YEAR CURRICULUM FOR CULINARY ARTS AND FOODSERVICE MANAGEMENT THAT INCLUDES CLASSROOM STUDY, MENTORED WORK EXPERIENCES AND AN OPTIONAL PROSTART INVITATIONAL COMPETITION. PROSTART, AFFILIATED WITH THE NATIONAL RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION, IS OFFERED IN OVER 100 MINNESOTA SCHOOLS ENGAGING MORE THAN 5,500 STUDENTS WITH OVER 750 ALREADY WORKING IN THE INDUSTRY. THE HMEF CONNECTS MENTORS TO EACH SCHOOL, PROVIDES PROGRAM TEACHERS WITH TRAINING AND INDUSTRY RESOURCES, AND SPONSORS THE STATEWIDE PROSTART COMPETITION EACH SPRING. THE COMPETITION FEATURES TWO CATEGORIES: CULINARY ARTS AND FOODSERVICE MANAGEMENT. ANNUALLY , UP TO TWENTY TEAMS OF HIGH SCHOOL STUDENTS COMPETE FOR AWARDS, SCHOLARSHIPS, AND THE TOP TEAM IN EACH CATEGORY ADVANCED TO THE NATIONAL PROSTART INVITATIONAL HELD IN MAY. HMEF PROVIDES A TRAVEL ALLOWANCE TO EACH TEAM. THE TALENTS OF PROSTART STUDENTS ARE FEATURED AT SEVERAL INDUSTRY EVENTS THROUGHOUT THE YEAR CONNECTING THEM WITH FUTURE EMPLOYERS AND REINFORCING THEIR CAREER CHOICES.
- $2,489 spent. HOSPITALITY & TOURISM MANAGEMENT PROGRAM:THE HOSPITALITY & TOURISM MANAGEMENT PROGRAM (HTMP) IS A CURRICULUM DEVELOPED BY THE AMERICAN HOTEL & LODGING ASSOCIATION THAT INTRODUCES HIGH SCHOOL STUDENTS TO THE LODGING INDUSTRY. THE CURRICULUM COVERS EVERYTHING FROM FRONT OFFICE AND HOUSEKEEPING MANAGEMENT TO MARKETING AND SALES, FOOD AND BEVERAGE, AS WELL AS GENERAL MANAGEMENT AND LEADERSHIP SKILLS. MINNESOTA CURRENTLY HAS TWENTY-FIVE SCHOOLS TEACHING THIS PROGRAM WITH AROUND 350 STUDENTS. THE HMEF HAS FUNDS AVAILABLE TO PROVIDE GRANTS TO SCHOOLS INTERESTED IN IMPLEMENTING THE PROGRAM, AS WELL AS CONNECTIONS TO MENTORS AND INDUSTRY CONTACTS FOR EACH TEACHER, PROVIDING A "REAL WORLD" RESOURCE FOR THE CLASSROOM.
- $35,000 spent. SCHOLARSHIP PROGRAM:SINCE ITS INCEPTION IN 2008, THE HMEF SCHOLARSHIP PROGRAM HAS AWARDED SCHOLARSHIPS EXCEEDING $980,000 CUMULATIVELY TO STUDENTS PURSUING POST-SECONDARY DEGREES IN ACCREDITED CULINARY AND HOSPITALITY MANAGEMENT PROGRAMS ACROSS THE COUNTRY
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 2006.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.