EIN 41-6042488

University of Minnesota Foundation (UMF)

IRS 501(c) type
501(c)(3)
Num. employees
56
Year formed
1962
Most recent tax filings
2020-06
Description
University of Minnesota Foundation's mission is to connect passion with possibility, inspire generosity, and support greatness at the University of Minnesota.

Program areas at UMF

Grants awarded to or on behalf of the University of Minnesota collegiate programs in support of teaching, research, and outreach to the community. Grants awarded in support of education to U of M program including Academic Health Services, Athletics, Libraries, Minnesota Extension Service, Multi-Disciplinary and Special Projects, and Weisman Art Museum. Grants to other University -related foundation include the Minnesota Landscape Arboretum. U of M campuses are located in Minneapolis/St. Paul, Crookston, Duluth, Morris, and Rochester. Distribution by purpose included $63M to student support, $59M to program support, $36M to research and community outreach/engagement, $26M to faculty and staff support, and $18M to capital improvements.

Form 990s for UMF

Fiscal year endingDate received by IRSFormPDF link
2019-062021-01-21990View PDF
2018-062019-06-19990View PDF
2017-062018-06-14990View PDF
2016-062017-10-04990View PDF
2015-062016-08-02990View PDF
...and 5 more Form 990s

Who funds University of Minnesota Foundation (UMF)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Minneapolis FoundationCollege of Biological Sciences: Edith Walters Jones + Robert Jones Fellowship$3,877,088
 Subscribe to view█████$9,999,999
 Subscribe to view█████ ███ ████ █████$9,999,999
...and 291 more grants received

Grants made by UMF

GranteeGrant descriptionAmount
Children's Cancer Research FundTransfer Gift Funds Per Donor Intent To Childrens Cancer Research Fund.$100,000
 Subscribe to view██ █████ █████ █████ █████ █ █ █████ █████ █ █ █████ █ █████$99,999
 Subscribe to view██ ██ █ █████ █████ ███ █████ █ ██ ███ ██████ █ ████ ████ █ █████ ███ ███, █████ ██ ██ ██ ███ ███ █ █ ██ █ ██ ████$99,999
 Subscribe to view███ █ █████ ███ ██, ██ █ █ ██████ ██████ █ █████ █ █████ █ ██ ███$99,999
 Subscribe to view██ ██ █ ████ ██ █████ █ █████ █████ ██ ██ ███$9,999

Financials for UMF

RevenuesFYE 06/2020
Total grants, contributions, etc.$270,089,105
Program services$0
Investment income and dividends$26,752,875
Tax-exempt bond proceeds$0
Royalty revenue$37,687
Net rental income$116,951
Net gain from sale of non-inventory assets$-49,711,115
Net income from fundraising events$207,803
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$247,493,306

Personnel at UMF

NameTitleCompensation
Kathleen M. SchmidlkoferPresident and Chief Executive Officer$570,077
Kathleen L PickardVice President and Chief Financial Officer$315,746
Sarah E YoungermanVice President$230,540
 Subscribe to viewRea Managing Director$331,250
 Subscribe to viewExec Vice Pres$434,186
...and 7 more key personnel

Organizations like UMF

OrganizationLocationRevenue
University of Illinois FoundationUrbana, IL$352,648,216
The Boston Foundation (TBF)Boston, MA$165,527,614
San Antonio Area FoundationSan Antonio, TX$131,999,201
The Rotary Foundation of Rotary InternationalEvanston, IL$376,412,655
Oklahoma State University FoundationStillwater, OK$143,437,110
Arizona Community FoundationPhoenix, AZ$106,808,500
The Dallas FoundationDallas, TX$97,887,988
University of Mississippi FoundationOxford, MS$82,053,951
The Children's Hospital of Philadelphia FoundationPhiladelphia, PA$197,646,953
Children's Wisconsin / Children's Hospital of Wisconsin Foundation IncMilwaukee, WI$78,881,393
Kansas State University FoundationManhattan, KS$164,560,314
Binghamton University FoundationBinghamton, NY$69,594,810
University of Arizona FoundationTucson, AZ$161,181,865
New Hampshire Charitable FoundationConcord, NH$103,387,258
Communities Foundation of TexasDallas, TX$206,780,551
Philadelphia Foundation (PF)Philadelphia, PA$79,448,283
Stony Brook FoundationStony Brook, NY$75,975,483
The University of Florida FoundationGainesville, FL$148,617,994
The Oregon Community FoundationPortland, OR$232,236,926
Hartford Foundation for Public Giving (HFPG)Hartford, CT$86,652,679
The Cleveland FoundationCleveland, OH$120,009,767
The San Diego FoundationSan Diego, CA$87,666,191
American Friends of Hebrew UniversityNew York, NY$83,507,207
North Carolina Community Foundation (NCCF)Raleigh, NC$74,052,915
Texas A&M FoundationCollege Station, TX$249,338,231
Nonprofit Types
Issues
Characteristics
Key performance indicators
Total revenues
$247,493,306
2020
Yearly growth
-10.8%
% of revenues
n/a
Total expenses
$258,577,397
2020
Yearly growth
-2.7%
% of expenses
n/a
Total assets
$3,368,130,769
2020
Yearly growth
2%
% of assets
n/a
Num. employees
56
2020
Yearly growth
1.8%
% of total
n/a
General information
Address
200 Oak Street SE No 500
Minneapolis, MN 55455
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
Website URL
give.umn.edu/ 
Phone
612-624-3333
Facebook page
UofMGiving 
Twitter profile
@umn_give 
IRS details
EIN
41-6042488
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1962
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
V11: Social Science Single Organization Support
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent