EIN 41-6042488

University of Minnesota Foundation (UMF)

IRS 501(c) type
Num. employees
Year formed
Most recent tax filings
University of Minnesota Foundation's mission is to connect passion with possibility, inspire generosity, and support greatness at the University of Minnesota.
Total revenues
Total expenses
Total assets
Num. employees

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 $64M to student support, $51M to program support, $40M to research and community outreach/engagement, $29M to faculty and staff support, and $18M 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$1,796,489
Minnesota Landscape Arboretum FoundationThe Minnesota Landscape Arboretum Foundation Is A Recognized Foundation of the University of Minnesota.$657,924
University of Minnesota PhysiciansFund Grant To Support the University of Minnesota Physicians Mill City and Broadway Clinics$295,743
...and 3 more grants made

Who funds University of Minnesota Foundation (UMF)

Grants from foundations and other nonprofits
Lynne and Andrew Redleaf FoundationBuilding Funds$4,127,778
The Minneapolis FoundationThe Harry and Belle Family Fund #22697$2,981,821
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$2,611,153
...and 338 more grants received totalling $51,834,353

Personnel at UMF

Christine K SearsonVice President and Chief Financial Officer$220,153
Carol CuroeVice President$244,004
Sarah HarrisRea Managing Director$327,904
Kathleen L PickardPast Vice President and Chief Financial Officer$303,489
Kathleen M. SchmidlkoferPresident and Chief Executive Officer$563,378
...and 6 more key personnel

Financials for UMF

RevenuesFYE 06/2022
Total grants, contributions, etc.$331,607,739
Program services$0
Investment income and dividends$21,612,591
Tax-exempt bond proceeds$0
Royalty revenue$34,300
Net rental income$-1,025,872
Net gain from sale of non-inventory assets$16,531,434
Net income from fundraising events$724,395
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$3,094,749
Total revenues$372,579,336

Form 990s for UMF

Fiscal year endingDate received by IRSFormPDF link
2020-062021-04-14990View PDF
2019-062021-01-21990View PDF
2018-062019-06-19990View PDF
2017-062018-06-14990View PDF
2016-062017-10-04990View PDF
...and 6 more Form 990s

Organizations like UMF

North Carolina Community Foundation (NCCF)Raleigh, NC$109,848,330
San Antonio Area FoundationSan Antonio, TX$192,937,536
Binghamton University FoundationBinghamton, NY$309,395,877
University of Arizona FoundationTucson, AZ$279,111,154
University of Mississippi FoundationOxford, MS$103,931,521
NDSU Foundation NDSU Foundation and Alumni AssociationFargo, ND$199,184,967
Maine Community FoundationEllsworth, ME$98,048,575
Oklahoma State University FoundationStillwater, OK$191,009,042
University of Illinois FoundationUrbana, IL$391,520,907
New Hampshire Charitable FoundationConcord, NH$131,178,906
Data update history
May 15, 2023
Updated personnel
Identified 3 new personnel
May 10, 2023
Used new vendors
Identified 4 new vendors, including , , , and
May 5, 2023
Received grants
Identified 13 new grant, including a grant for $510,000 from Mortenson Family Foundation
August 4, 2022
Received grants
Identified 72 new grant, including a grant for $13,162,000 from UCare Minnesota
July 26, 2022
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Operates donor advised fundsProvides grantsFundraising eventsOperates internationallyState / local levelEndowed supportTax deductible donations
General information
200 Oak St Se 500
Minneapolis, MN 55455
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
Website URL
Facebook page
Twitter profile
IRS details
Fiscal year end
Taxreturn type
Form 990
Year formed
Eligible to receive tax-deductible contributions (Pub 78)
NTEE code, primary
B50: Graduate, Professional Schools
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
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