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EIN 41-1306950

Medtronic Foundation

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
City
Minneapolis
State
Minnesota
Year formed
1977
Most recent tax filings
2022-04-01
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
$230,239
2022
Total expenses
$29,399,610
2022
Total assets
$54,271,830
2022
Num. employees
n/a

Grants made by Medtronic Foundation

GranteeGrant descriptionAmount
The Blackbaud Giving FundUs Match Giving$10,432,046
Thurgood Marshall College Fund (TMCF)TMCF Scholarship Program$942,600
Puerto Rico Science Technology and Research TrustMilestone Based Payment$825,000
...and 43 more grants made totalling $20,998,546

Personnel at Medtronic Foundation

NameTitleCompensation
Paurvi BhattPresident , Vice Chair$278,496
Liz LundAssistant Secretary$207,969

Financials for Medtronic Foundation

RevenuesFYE 04/2022
Total grants, contributions, etc.$0
Investment income and dividends$1,675,980
Net rental income$0
Net gain from sale of non-inventory assets$-1,445,741
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$230,239

Form 990s for Medtronic Foundation

Fiscal year endingDate received by IRSFormPDF link
2020-042021-06-17990PFView PDF
2019-042020-07-02990PRView PDF
2018-042019-05-02990PFView PDF
2017-042018-04-04990PFView PDF
2016-042017-03-09990PFView PDF
...and 4 more Form 990s
Data update history
May 14, 2023
Used new vendors
Identified 4 new vendors, including , , , and
October 13, 2021
Posted financials
Added Form 990PF for fiscal year 2020
September 29, 2021
Updated personnel
Identified 12 new personnel
September 28, 2021
Used new vendors
Identified 5 new vendors, including , , , , and
August 19, 2021
Posted financials
Added Form 990R for fiscal year 2019
Nonprofit Types
Grantmaking organizationsPrivate foundationsCorporate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedTax deductible donations
General information
Address
710 Medtronic Pkwy
Minneapolis, MN 55432
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Anoka County, MN
Website URL
foundation.medtronic.com/us-en/index.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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