Overview
What is University Of Minnesota Foundation?
The University of Minnesota Foundation is a Minneapolis-based non-profit organization dedicated to supporting the University of Minnesota. With a mission to inspire generosity and connect passion with possibility, they fund various collegiate programs, including Academic Health Services, Athletics, Libraries, Minnesota Extension Service, Multi-Disciplinary and Special Projects, and Weisman Art Museum. Their grants also extend to other University-related foundations like the Minnesota Landscape Arboretum Foundation. With a diverse distribution of funds, they invest in student support, program support, research and community outreach/engagement, faculty and staff support, and capital improvements. The University of Minnesota has campuses in Minneapolis/St. Paul, Crookston, Duluth, Morris, and Rochester. The Foundation employs 46 individuals in their mission to strengthen the University.
Official website here: www.give.umn.edu
Is University Of Minnesota Foundation legitimate?
University Of Minnesota Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Minnesota Foundation 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.
Here are some key statistics you may want to consider:
Executive Compensation: $3,463,391
Professional Fundraising Fees: $0
Other Salaries and Wages: $20,913,611
For more financial information, click here
What is the mission statement of University Of Minnesota Foundation?
The University of Minnesota Foundation is a non-profit organization committed to connecting passions with possibilities and inspiring generosity to support the University of Minnesota. Its mission encompasses three main goals: connecting, inspiring, and supporting greatness at the university. By awarding grants to various collegiate programs, the foundation advances teaching, research, and community outreach. These grants contribute significantly to student support, program development, research initiatives, faculty and staff resources, and capital improvements at the university.
Official website here: www.give.umn.edu
Who is the CEO of University Of Minnesota Foundation?
Christine K Searson is the President/Ceo of University Of Minnesota Foundation. The CEO's salary of University Of Minnesota Foundation is $586,183 and their total compensation is $687,544.
Official website here: www.give.umn.edu
What is the revenue of University Of Minnesota Foundation?
University Of Minnesota Foundation's revenue in 2022 was $372,579,336.
Official website here: www.give.umn.edu
Who are the executives of University Of Minnesota Foundation and what are their salaries?
The average compensation at University Of Minnesota Foundation during 2022 was $529,935. There are 46 employees and 41 volunteers at University Of Minnesota Foundation.
Here are 58 key members and their salaries (University Of Minnesota Foundation's CEO's salary is $586,183 and their total compensation is $687,544):
- Kathleen M Schmidlkofer (President/Ceo) [Trustee/Director]
- Pat Mascia (Umfrea Managing Director)
- Robert J Burgett (Senior Vice President)
- Patricia K Porter (Vice President)
- Christine K Searson (Vice President/Cfo)
- James G Aagaard (Vice President)
- Sarah E Youngerman (Vice President)
- Catherine Mcglinch (Associate Vice President)
- Carol Curoe (Vice President)
- Elizabeth Patty (Associate Vice President)
- Jan L Sickbert (Associate Vice President)
- Steven M Corkery (Associate Vice President)
- Kristi Flanagan Villar (Associate Vice President)
- Shari L Ballard (Trustee/Chair)
- Jacqueline R Williams-Roll (Trustee/Vice Chair)
- Lynn Casey (Trustee/Past Chair)
- Philip E Soran (Trustee/Treasurer)
- Thomas G Olson (Trustee/Secretary)
- Ruth Bachman (Trustee (Until 11/03/21))
- Richard B Beeson Jr (Trustee (Until 11/03/21))
- Mary K Brainerd (Trustee (Until 11/03/21))
- Blythe A Brenden (Trustee)
- Dorothy J Bridges (Trustee)
- Rebecca A Crooks-Stratton (Trustee)
- Mary A Davenport (Trustee)
- Acooa Ellis (Trustee)
- Michael B Fiterman (Trustee)
- Joan Ta Gabel (Trustee)
- Julie E Gilbert (Trustee)
- Kenneth C Glaser (Trustee)
- Kurt E Heikkila (Trustee)
- Susan S Hoff (Trustee)
- Hoyt M Hsiao (Trustee)
- Douglas A Huebsch (Trustee)
- Russell Huffer (Trustee)
- Ezell Jones (Trustee)
- James K Lee (Trustee)
- Michael P Lehan (Trustee)
- Beth Kieffer Leonard (Trustee)
- Ross Levin (Trustee)
- John E Lindahl (Trustee)
- Richard L Lindstrom Md (Trustee (Until 11/03/21))
- Margaret E Lucas (Trustee)
- David J Mcmillan (Trustee)
- David J Meyer (Trustee)
- David C Mortenson (Trustee)
- Abdul M Omari Phd (Trustee)
- Richard T Ostlund Jd (Trustee)
- Bethany M Owen (Trustee)
- Lynne Redleaf (Trustee)
- Michael F Roman (Trustee)
- Roger J Sit (Trustee)
- Esta E Stecher (Trustee)
- Erik M Torgerson (Trustee)
- Peter A Vorbrich (Trustee)
- Bradford W Wallin (Trustee)
- Theresa B Ward (Trustee)
- Penny A Wheeler Md (Trustee)
Official website here: www.give.umn.edu
Where can I find the form 990 for University Of Minnesota Foundation?
The University Of Minnesota Foundation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.give.umn.edu
Learn more at the official website: www.give.umn.edu
Mission Statement of University Of Minnesota Foundation
The University of Minnesota Foundation, a non-profit organization, is dedicated to connecting passions with possibilities, inspiring generosity, and supporting greatness at the University of Minnesota. With a mission to make a difference, the Foundation works tirelessly to fund various collegiate programs at the University of Minnesota.
Grants from the Foundation are distributed to support teaching, research, and community outreach initiatives. Among the programs receiving grants are Academic Health Services, Athletics, Libraries, Minnesota Extension Service, Multi-Disciplinary and Special Projects, and Weisman Art Museum. In addition, funds are allocated to other University-related foundations.
The University of Minnesota Foundation's efforts extend beyond its grants, as it plays a pivotal role in supporting students through student support initiatives, allocating $64 million in grants for this purpose. Furthermore, the organization provides program support, investing $51 million in various University programs. Research and community outreach/engagement projects are given $40 million in grants, while $29 million is allocated for faculty and staff support. Lastly, $18 million is dedicated to capital improvements.
By connecting passionate individuals with the University of Minnesota and its mission, the Foundation inspires generosity and supports the institution's growth and development. Through its grants to various programs and initiatives, the University of Minnesota Foundation fuels the University's pursuit of knowledge, innovation, and excellence.
Impact
This information is meant to be a general summary of University Of Minnesota Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The University Of Minnesota Foundation's impact is significant in supporting the University of Minnesota's mission to connect passion with possibility, inspire generosity, and support greatness. Through grants awarded to various U of M collegiate programs, the foundation plays a crucial role in advancing teaching, research, and community outreach initiatives. This support extends to key areas such as Academic Health Services, Athletics, Libraries, Minnesota Extension Service, Multi-Disciplinary Projects, and the Weisman Art Museum. Additionally, the foundation contributes to student support, program support, research, community engagement, faculty and staff support, and capital improvements. Overall, the foundation's dedication to enhancing education and fostering excellence within the University of Minnesota ecosystem makes a tangible difference in the community and beyond.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
1962
Phone
(612) 624-3333
Principal Officer
Christine K Searson
Main Address
200 Oak Street SE 500, Minneapolis, MN, 554552010
Website
www.give.umn.edu
NTEE Category
Code: B50 - Education
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