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EIN 41-1306950

Medtronic Foundation

IRS 501(c) type
501(c)(3)
Num. employees
8
City
Minneapolis
State
Minnesota
Year formed
1977
Most recent tax filings
2024-04-01
NTEE code, primary
T21: Corporate foundations
Description
The Medtronic Foundation is a private foundation that is supported by Medtronic Inc. It made 39 grants last year.
Also known as...
Medtronic Communities Foundation
Total revenues
$22,286,807
2024
Total expenses
$20,387,372
2024
Total assets
$29,790,153
2024
Num. employees
8
2024

Grants made by Medtronic Foundation

GranteeGrant descriptionAmount
The Blackbaud Giving FundUs Match Giving$8,232,837
Thurgood Marshall College Fund (TMCF)Milestone Based Payment$1,900,000
Northside Achievement ZoneMilestone Based Payment$1,890,000
...and 7 more grants made

Who funds Medtronic Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Society of Urodynamics and Female Urology Research FoundationNeuromodulation Grant$50,000

Financials for Medtronic Foundation

RevenuesFYE 04/2024
Total grants, contributions, etc.$20,882,442
Investment income and dividends$1,404,365
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$22,286,807

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The Scripps Howard FoundationCincinnati, OH$11,898,540
Whitney BenefitsSheridan, WY$10,751,224
Circle of Service FoundationChicago, IL$45,496,219
Newman's Own FoundationWestport, CT$13,467,664
Alabama Power FoundationBirmingham, AL$10,001,601
Astros FoundationHouston, TX$10,265,221
Blue Cross and Blue Shield of Mississippi FoundationFlowood, MS$34,409,252
Lynde and Harry Bradley FoundationMilwaukee, WI$30,987,418
Data update history
March 30, 2025
Posted financials
Added Form 990PF for fiscal year 2024
March 26, 2025
Updated personnel
Identified 5 new personnel
March 26, 2025
Used new vendors
Identified 6 new vendors, including , , , , , and
January 6, 2025
Received grants
Identified 1 new grant, including a grant for $50,000 from Society of Urodynamics and Female Urology Research Foundation
May 25, 2024
Posted financials
Added Form 990PF for fiscal year 2023
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCorporate foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedTax deductible donationsAccepts online donations
General information
Address
710 Medtronic Pkwy
Minneapolis, MN 55432
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Anoka County, MN
Website URL
medtronic.com/en-us/our-impact/communities.html 
Phone
(763) 505-2639
IRS details
EIN
41-1306950
Fiscal year end
April
Taxreturn type
Form 990-PF
Year formed
1977
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T21: Corporate foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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