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University Of Minnesota Foundation Investment Advisors

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 411931343 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

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Overview

What is University Of Minnesota Foundation Investment Advisors?

The University of Minnesota Foundation Investment Advisors is a specialized corporation established in 1998 to manage the financial assets of the University of Minnesota Foundation. Recognizing the need for improved asset growth and diversification, the foundation created this entity to handle its day-to-day financial management. The corporation's streamlined structure allows it to retain a skilled Chief Investment Officer and attract board members with financial expertise. This setup enables the organization to react swiftly to market changes and offer more efficient oversight of external investment managers. Its primary mission is to provide optimal stewardship for university donors, ensuring professional management and oversight of the foundation's assets, creating a focused investment environment, and fostering clarity of purpose, flexibility, and investment-related focus. The corporation also assists one other charitable organization with its financial needs. With a team of 9 dedicated employees, the University of Minnesota Foundation Investment Advisors serves its purpose effectively.

Is University Of Minnesota Foundation Investment Advisors legitimate?

University Of Minnesota Foundation Investment Advisors is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Minnesota Foundation Investment Advisors submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $1,350,322
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,904,185

For more financial information, click here

What is the mission statement of University Of Minnesota Foundation Investment Advisors?

The University of Minnesota Foundation Investment Advisors is committed to providing the highest level of stewardship for university donors. They achieve this by managing and overseeing the University of Minnesota Foundation's assets in a focused investment environment. This environment is characterized by clarity of purpose, appropriate flexibility, and the freedom to concentrate on investment-related issues. The establishment of this advisory body enables the Foundation to benefit from a skilled Chief Investment Officer, financial experts in the community, and a more swift response to market fluctuations. Additionally, the advisors offer their services to another charitable organization, further demonstrating their dedication to responsible investment management.

What is the revenue of University Of Minnesota Foundation Investment Advisors?

University Of Minnesota Foundation Investment Advisors's revenue in 2024 was $5,939,742.

Who are the executives of University Of Minnesota Foundation Investment Advisors and what are their salaries?

The average compensation at University Of Minnesota Foundation Investment Advisors during 2024 was $354,542. There are 12 employees and 10 volunteers at University Of Minnesota Foundation Investment Advisors.

Here are 19 key members and their salaries:


Kathleen M Schmidlkofer (Director)
  • Compensation: $0
  • Related: $693,132
  • Other: $186,522
Jeffrey V Bailey (Chair/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter M Grant (Director (Until 11/1/2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Hansen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
B Kristine Johnson (Director (Until 11/1/2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Sriram Lakshminarayanan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ross Levin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas A Neimann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcia L Page (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter A Vorbrich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theresa B Ward (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew J Behrens (Chief Investment Officer And President)
  • Compensation: $931,838
  • Related: $0
  • Other: $39,600
Christine K Searson (Secretary/Treasurer)
  • Compensation: $0
  • Related: $376,543
  • Other: $69,634
Amanda Escen (Chief Operating Officer)
  • Compensation: $288,372
  • Related: $0
  • Other: $43,216
Douglas J Gorence (Chief Investment Officer Emeritus)
  • Compensation: $1,155,257
  • Related: $0
  • Other: $41,525
Jeffrey M Rodgers (Investment Director)
  • Compensation: $600,863
  • Related: $0
  • Other: $47,350
Daniel J Arlandson (Investment Director)
  • Compensation: $600,035
  • Related: $0
  • Other: $43,450
David T Walkosz (Controller)
  • Compensation: $245,801
  • Related: $0
  • Other: $37,864
Grant Larson (Investment Analyst)
  • Compensation: $156,066
  • Related: $0
  • Other: $27,231
Where can I find the form 990 for University Of Minnesota Foundation Investment Advisors?

University Of Minnesota Foundation Investment Advisors's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of University Of Minnesota Foundation Investment Advisors

University of Minnesota Foundation Investment Advisors, in its mission, aims to offer the highest level of stewardship for university donors. This is achieved by taking charge of the professional management and oversight of the University of Minnesota Foundation's assets. By establishing a focused investment environment, the corporation ensures clarity of purpose, appropriate flexibility, and freedom to concentrate on investment-related matters. This structure allows University of Minnesota Foundation Investment Advisors to maintain a high-caliber Chief Investment Officer and attracts financially-experienced community board members. This setup enables the organization to react more swiftly to market changes and provide more effective oversight of its external investment managers. Beyond managing the University of Minnesota Foundation's assets, University of Minnesota Foundation Investment Advisors also offers services to one additional charitable organization.

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Impact




October, 2024

University of Minnesota Foundation Investment Advisors plays a critical role in the stewardship of university donor assets by overseeing the management of the University of Minnesota Foundation's financial resources. Its establishment in 1998 was a strategic move to enhance asset growth and diversification, ultimately strengthening the financial stability of the Foundation.

By creating a focused investment environment, the organization ensures clarity of purpose and the flexibility needed to adapt to changing market conditions. This approach allows for a concentrated effort on investment-related issues, maximizing returns and protecting the interests of donors. The streamlined structure facilitates the appointment of a highly skilled Chief Investment Officer and attracts board members with diverse financial expertise, fostering a rich environment for informed decision-making.

The impact of their work extends beyond the university, as the corporation also provides investment management services to another charitable organization. This not only enhances the overall financial ecosystem surrounding the University of Minnesota but also reinforces a culture of responsible stewardship in the nonprofit sector. In this way, University of Minnesota Foundation Investment Advisors significantly contributes to the sustainability and growth of educational opportunities through effective asset management.




This information is meant to be a general summary of University Of Minnesota Foundation Investment Advisors. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$5,939,742 (2024)
Expenses
$5,939,742 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Program Service Revenue: $5,939,742
  • Gross Receipts: $5,939,742

Assets and Liabilities:

  • Total Assets: $2,748,098
  • Total Liabilities: $2,541,001
  • Net Assets: $207,097

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

INVESTMENT MANAGEMENT

Revenue

$5,939,742

Organization Details

Founding Year

1998

Principal Officer

Andrew Behrens

NTEE Category

Code: B114 - Education

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