Cause IQ organization profile

University of Minnesota Foundation (UMF)

Form 990s | Financials | Vendors | Personnel | Peers

UMF is a organizations supporting a business or community development nonprofit based in Minneapolis, MN that was founded in 1962. As of 2018 they had $313 million in revenue and $3.0 billion in assets.

University of Minnesota Foundation's mission is to connect passion with possibility, inspire generosity, and support greatness at the University of Minnesota.

University of Minnesota Foundation (UMF) makes grants to other organizations, such as $2,700,000 to University Gateway Corporation for "Fund Grant To Support the University Gateway Corporation, A Related Organization That Supports the University of Minnesota, University of Minnesota Foundation, and University of Minnesota Alumni Association."; $130,000 to University of Minnesota Alumni Association for "Fund Grant To Support the University of Minnesota Alumni Association."; $101,404 to Minnesota Landscape Arboretum Foundation for "The Minnesota Landscape Arboretum Foundation Is A Recognized Foundation of the University of Minnesota."; $78,720 to University of Minnesota Physicians for "Fund Grant for the M Health Clinics and Surgery Center."; and $35,000 to Starkey Hearing Foundation for "Grant To Support Mission Work To Provide Hearing Clinic in Senegal, Africa, As Approved By the International Hearing Foundation at the University of Minnesota.".

Fiscal year end:
Revenue trends:
Asset trends:

Form 990s for UMF

Fiscal year endingDate received by IRSFormPDF link
2018-06Jun 19, 2019990View PDF
2017-06Jun 14, 2018990View PDF
2016-06Oct 4, 2017990View PDF
2015-06Aug 2, 2016990View PDF
2014-06Jul 6, 2015990View PDF
...and four more Form 990 PDFs

Financials for UMF

Total grants, contributions, etc.$262,237,874
Program services$0
Investment income and dividends$18,766,357
Tax-exempt bond proceeds$0
Royalty revenue$55,491
Net rental income$80,621
Net gain from sale of non-inventory assets$29,979,866
Net income from fundraising events$134,226
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,840,802
Total revenues$313,095,237

Vendors for UMF

VendorServicesAmount paidDate
DrupalContent management system software2020-06-15
██████ ███Software2019-08-29
████████ ███ ███Tax accounting2019-05-31
████████████Professional Fundraising Services; Bike Ride$2,068,4332018-06-01
███████ ████████Catering for Events$261,0922018-06-01
███ █████████Printing and Publications$249,5942018-06-01
██████████ █████ ███ ██████████ ███Consulting Services$253,1332018-06-01
██ ████Bank and Trust Fees$362,8932018-06-01

Personnel at UMF

NameTitleCompensationMost recent data
Kathleen M. SchmidlkoferPresident and Chief Executive Officer$565,208June 13, 2020
Kathleen L PickardVice President and Chief Financial Officer$298,421May 31, 2019
█████ █ ██████████Vice President$225,690June 30, 2018
█████ ██████Rea Managing Director$294,000June 30, 2018
█████████ █ █████████Exec Vice Pres$434,186June 30, 2018
███████ ██ ████████Chairman$0June 13, 2020
█████ ██ ███████Vice Chair$0June 13, 2020
████ █████Chair$0June 13, 2020
████ ██ ███████Vice Chair$0June 13, 2020
████ ██ █████████President$0June 13, 2020
...and four more key personnel

Peer organizations supporting a single business or community development organization

1Medtronic Foundation501(c)(3)$80 millionFridley, MN
2Mcknight Foundation501(c)(3)$183 millionMinneapolis, MN
3Richard M Schulze Family Foundation501(c)(3)$80 millionMinneapolis, MN
4The Minneapolis Foundation501(c)(3)$147 millionMinneapolis, MN
5Anne Ray Foundation501(c)(3)$279 millionEden Pairie, MN
6Margaret A Cargill Foundation501(c)(3)$96 millionEden Prairie, MN
7GHR Foundation501(c)(3)$98 millionMinneapolis, MN
8Saint Paul and Minnesota Foundations501(c)(3)$109 millionSaint Paul, MN
9ECMC Group501(c)(3)$408 millionMinneapolis, MN
10Scholarship America501(c)(3)$186 millionMinneapolis, MN
11Foundation for A Better World501(c)(3)$181 millionMarietta, GA
12The San Diego Foundation501(c)(3)$155 millionSan Diego, CA
13John S. and James L. Knight Foundation501(c)(3)$186 millionMiami, FL
14Winston-Salem Foundation501(c)(3)$166 millionWinston Salem, NC
15Community First Foundation501(c)(3)$92 millionArvada, CO
16Annie E Casey Foundation (AECF)501(c)(3)$152 millionBaltimore, MD
17Community Foundation for the Fox Valley Region501(c)(3)$139 millionAppleton, WI
18Duke Endowment501(c)(3)$265 millionCharlotte, NC
19Seattle Foundation501(c)(3)$169 millionSeattle, WA
20University of Oregon Foundation501(c)(3)$171 millionEugene, OR
21Wyss Foundation501(c)(3)$169 millionWashington, DC
22Barr Foundation501(c)(3)$150 millionBoston, MA
23Oklahoma State University Foundation501(c)(3)$156 millionStillwater, OK
24The Cleveland Foundation501(c)(3)$132 millionCleveland, OH
25Hartford Foundation for Public Giving (HFPG)501(c)(3)$82 millionHartford, CT