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EIN 46-4795214

UCare Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Minneapolis
State
Minnesota
Year formed
2014
Most recent tax filings
2023-12-01
NTEE code, primary
E11: Health Care Single Organization Support
Description
The UCare Foundation is a community-directed initiative of UCare Minnesota with a mission to grant-make for programs and initiatives that improve the health of underserved populations in the Twin Cities and throughout Minnesota and Western Wisconsin. In 2022, it approved and disbursed $1,394,000 in grant funding to eleven Minnesota organizations working on innovative services, education, community outreach, and supporting COVID relief efforts while also upholding its core values.
Related structure
UCare Foundation is a subordinate organization under UCare Minnesota.
Total revenues
$82,513,197
2023
Total expenses
$103,349,566
2023
Total assets
$60,706,857
2023
Num. employees
0
2023

Grants made by UCare Foundation

GranteeGrant descriptionAmount
UCare FoundationAdvance A Set of Community and Health Wellness Initiatives$100,000,000
Gracemed Health ClinicFunding for Several Crucial Screen Tests Essential for Assessing and Addressing the Health Concerns of the People Affected By the Water Contamination$200,000
Copal-Education Fund Communidades Organizando El Poder Y La AHolistic Program for Providing Support To Latino Families and Workers' Access To Stable Housing, Employment/benefits, and Healthcare Care.$100,000
...and 48 more grants made totalling $102,589,626

Who funds UCare Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
UCare FoundationAdvance A Set of Community and Health Wellness Initiatives$100,000,000
UCare MinnesotaReplenishment of Foundation Funds.$80,000,000

Financials for UCare Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$80,000,000
Program services$0
Investment income and dividends$2,513,197
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$82,513,197
Data update history
January 9, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 6, 2025
Updated personnel
Identified 7 new personnel
January 3, 2025
Received grants
Identified 2 new grant, including a grant for $100,000,000 from UCare Foundation
January 13, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 13, 2024
Updated personnel
Identified 1 new personnel
Nonprofit Types
Hospital foundationsGrantmaking organizationsHealth organizationsChapter / child organizationsCharities
Issues
Health
Characteristics
Funds one specific organizationState / local levelCommunity engagement / volunteeringTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
500 Stinson Blvd Ne
Minneapolis, MN 55413
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Website URL
ucare.org/about-us/ucare-foundation 
Phone
(612) 676-6500
IRS details
EIN
46-4795214
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2014
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E11: Health Care Single Organization Support
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
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