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 $75m to student support, $91m to program support, $41m to research and community outreach/engagement, $33m to faculty and staff support, and $23m to capital improvements.
Who funds University of Minnesota Foundation (UMF)
Grants from foundations and other nonprofits
Grantmaker | Grantmaker tax period | Description | Amount |
---|
WEM Foundation | 2023-12 | General | $5,000,000 |
Bentson Foundation | 2023-12 | General | $3,066,000 |
Lynne and Andrew Redleaf Foundation | 2023-12 | Building Funds, Endowed Directorship Funds, Mental Health and Addiction Services | $3,003,000 |
...and 446 more grants received totalling $66,459,001 |
Personnel at UMF
Name | Title | Compensation | Date of data |
---|
Kathleen M Schmidlkofer | President and Chief Executive Officer | $663,238 | 2023-06-30 |
Christine K Searson | Vice President and Chief Financial Officer | $349,101 | 2024-03-26 |
Carol Curoe | Vice President | $202,840 | 2023-06-30 |
Pat Mascia | Rea Managing Director | $506,847 | 2023-06-30 |
Financials for UMF
Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
---|
Total grants, contributions, etc. | $264,630,179 | $331,607,739 | -20.2% |
Program services | $0 | $0 | - |
Investment income and dividends | $48,944,590 | $21,612,591 | 126.5% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $54,948 | $34,300 | 60.2% |
Net rental income | $-821,394 | $-1,025,872 | 19.9% |
Net gain from sale of non-inventory assets | $112,285,324 | $16,531,434 | 579.2% |
Net income from fundraising events | $485,606 | $724,395 | -33% |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $2,524,955 | $3,094,749 | -18.4% |
Total revenues | $428,104,208 | $372,579,336 | 14.9% |
Organizations like UMF
Organization | Type | Location | Revenue |
---|
University of Arizona Foundation | 501(c)(3) | Tucson, AZ | $221,291,216 |
Oklahoma State University Foundation | 501(c)(3) | Stillwater, OK | $281,473,035 |
Maine Community Foundation | 501(c)(3) | Ellsworth, ME | $108,670,378 |
Virginia Tech Foundation | 501(c)(3) | Blacksburg, VA | $222,260,777 |
University of Illinois Foundation | 501(c)(3) | Champaign, IL | $450,262,389 |
LSU Foundation | 501(c)(3) | Baton Rouge, LA | $107,404,676 |
KU Endowment | 501(c)(3) | Lawrence, KS | $302,294,908 |
The Boston Foundation (TBF) | 501(c)(3) | Boston, MA | $161,296,905 |
Wisconsin Foundation and Alumni Association (UWF) | 501(c)(3) | Madison, WI | $490,458,457 |
Kansas State University Foundation | 501(c)(3) | Manhattan, KS | $185,341,726 |
Data update history
November 26, 2024
Received grants
Identified 89 new grant, including a grant for $5,000,000 from WEM Foundation August 25, 2024
Received grants
Identified 145 new grant, including a grant for $3,066,000 from Bentson Foundation May 18, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $92,010 from Carly May Foundation May 17, 2024
Updated personnel
Identified 6 new personnel
Nonprofit Types
Grantmaking organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Operates donor advised fundsProvides grantsFundraising eventsOperates internationallyState / local levelReceives government fundingEndowed 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/Â
- Phone
- (612) 624-3333
- Facebook page
- UofMGivingÂ
- Twitter profile
- @umn_giveÂ
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 - Awaiting Reporting
- FTB status revoked
- Not revoked
- AG Registration Number
- 044736
- FTB Entity ID
- 1010890
- AB 488 data last updated ("as-of") date
- 2025-03-05
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