EIN 41-6042488

University of Minnesota Foundation (UMF)

IRS 501(c) type
501(c)(3)
Num. employees
48
Year formed
1962
Most recent tax filings
2024-06-01
Description
University of Minnesota Foundation's mission is to connect passion with possibility, inspire generosity, and support greatness at the University of Minnesota.
Total revenues
$524,006,934
2024
Total expenses
$353,145,790
2024
Total assets
$4,888,350,212
2024
Num. employees
48
2024

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 Foundation. U of m campuses are located in minneapolis/st. Paul, crookston, duluth, morris, and rochester. Distribution by purpose included $84m to student support, $97m to program support, $48m to research and community outreach/engagement, $36m to faculty and staff support, and $19m to capital improvements.

Grants made by UMF

GranteeGrant descriptionAmount
Fairview Health ServiceFund Grants To Support the University of Minnesota Hospital and Clinical Programming at M Health Fairview.$10,305,846
The Minneapolis FoundationFund Grant Per Donor Agreement To Move Funds To Another 501(c)3$1,937,796
United Brotherhood of Carpenters & Joiners - 1847 BCJFund Grant To Support the University of Minnesota Alumni Association.$200,000
...and 3 more grants made

Who funds University of Minnesota Foundation (UMF)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
WEM FoundationGeneral$5,000,000
Lynne and Andrew Redleaf FoundationBuilding Funds, Endowed Directorship Funds, Mental Health and Addiction Services$3,003,000
Vanguard Charitable Endowment ProgramFor Recipient's Exempt Purpose$2,951,400
...and 444 more grants received totalling $66,923,243

Financials for UMF

RevenuesFYE 06/2024
Total grants, contributions, etc.$254,697,572
Program services$0
Investment income and dividends$86,124,116
Tax-exempt bond proceeds$0
Royalty revenue$39,754
Net rental income$-15,234,321
Net gain from sale of non-inventory assets$194,936,973
Net income from fundraising events$357,813
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$3,085,027
Total revenues$524,006,934

Organizations like UMF

OrganizationLocationRevenue
University of Illinois FoundationChampaign, IL$450,262,389
Oklahoma State University FoundationStillwater, OK$242,666,413
University of Arizona FoundationTucson, AZ$224,627,676
Stony Brook FoundationStony Brook, NY$421,041,466
Kansas State University FoundationManhattan, KS$185,341,726
Virginia Tech FoundationBlacksburg, VA$222,260,777
The Miami FoundationMiami, FL$133,524,071
The University of Florida FoundationGainesville, FL$269,131,431
OHSU FoundationPortland, OR$140,597,865
Georgia Tech FoundationAtlanta, GA$282,847,851
Data update history
July 3, 2025
Received grants
Identified 55 new grant, including a grant for $828,454 from Frederick B Wells JR Trust Fund
May 2, 2025
Posted financials
Added Form 990 for fiscal year 2024
April 30, 2025
Updated personnel
Identified 1 new personnel
April 23, 2025
Used new vendors
Identified 4 new vendors, including , , , and
March 27, 2025
Received grants
Identified 169 new grant, including a grant for $3,003,000 from Lynne and Andrew Redleaf Foundation
Nonprofit Types
Grantmaking organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Operates donor advised fundsProvides grantsFundraising eventsOperates internationallyState / local levelEndowed supportTax deductible donationsAccepts online donations
General information
Address
200 Oak St Se 500
Minneapolis, MN 55455
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
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
B50: Graduate, Professional Schools
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
044736
FTB Entity ID
1010890
AB 488 data last updated ("as-of") date
2025-08-20
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