University of Minnesota Foundation

MINNEAPOLIS, MN EIN: 41-6042488 Website

A NON-PROFIT ORGANIZATION WITH THE SOLE PURPOSE OF SUPPORTING THE UNIVERSITY OF MINNESOTA WITH A MISSION TO CONNECT PASSION WITH POSSIBILITY, INSPIRE GENEROSITY, AND SUPPORT GREATNESS AT THE UNIVERSITY OF MINNESOTA.

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Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$4.9B

+9.0% YoY

Annual Giving

$283.5M

+7.9% YoY

Grant Count

7

+16.7% YoY

Avg Grant Size

$40.5M

-7.5% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$184M$368M$552M$736M20202021202220232024
Metric202420232022
Total Assets$4,888,350,212$4,484,124,199$4,264,297,877
Revenue$524,006,934$428,104,208$372,579,336
Expenses$353,145,790$329,663,282$259,725,296
Qualifying Distributions———
Net Investment Income$281,061,089$161,229,914$38,144,025
Distributable Amount———

Giving Over Time

Total grant dollars and number of grants per year

$0$71M$142M$213M$284M6 grants202011 grants20217 grants20226 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

UNIVERSITY OF MINNESOTA$270.8MFAIRVIEW HEALTH SERVICES$10.3MTHE MINNEAPOLIS FOUNDATION$1.9MUNIVERSITY OF MINNESOTA …$200KMINNESOTA LANDSCAPE ARBO…$179KBOWEN CENTER FOR THE STU…$62KUNIVERSITY OF MINNESOTA …$10K

Grant Size Distribution

37 grants across all recorded years

7<$50K8$50–100K5$100–250K2$250–500K4$500K–1M4$1–5M7$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does University of Minnesota Foundation fund?

Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

KATHLEEN M SCHMIDLKO…PRESIDENT/CEO$693KPAT MASCIAUMFREA MANAGING DIRECTOR$519KROBERT J BURGETTSENIOR VICE PRESIDENT$438KPATRICIA K PORTERVICE PRESIDENT$427KCHRISTINE K SEARSONVICE PRESIDENT/CFO$377KJAMES G AAGAARDVICE PRESIDENT (UNTIL 1/3/20…$314KTRAVIS SMITHASSOCIATE VICE PRESIDENT$301KSARAH E YOUNGERMANVICE PRESIDENT$275KSTEVEN M CORKERYASSOCIATE VICE PRESIDENT$270KELIZABETH PATTYASSOCIATE VICE PRESIDENT$269KCATHERINE MCGLINCHASSOCIATE VICE PRESIDENT$265KKRISTI FLANAGAN VILLARASSOCIATE VICE PRESIDENT$265KMICHAEL COHENVICE PRESIDENT$195KSOPHIA KHANVICE PRESIDENT$166K

From 2024 filing

NameTitleHoursCompensation
KATHLEEN M SCHMIDLKOFERPRESIDENT/CEO40$693,132
JACQUELINE R WILLIAMS-ROLLTRUSTEE/CHAIR0.4—
SHARI L BALLARDTRUSTEE/PAST CHAIR0.4—
KENNETH C GLASERTRUSTEE/VICE CHAIR0.4—
ROGER J SITTRUSTEE/TREASURER0.4—
THOMAS G OLSONTRUSTEE/SECRETARY0.4—
BLYTHE A BRENDENTRUSTEE0.4—
DOROTHY J BRIDGESTRUSTEE0.4—
LYNN CASEYTRUSTEE0.4—
REBECCA A CROOKS-STRATTONTRUSTEE0.4—
MARY A DAVENPORTTRUSTEE0.4—
KATHIE EILAND-MADISONTRUSTEE0.4—
ACOOA ELLISTRUSTEE0.4—
JEFF ETTINGERTRUSTEE0.4—
MICHAEL B FITERMANTRUSTEE0.4—
JULIE E GILBERTTRUSTEE0.4—
KURT E HEIKKILATRUSTEE0.4—
PAHOUA HOFFMANTRUSTEE0.4—
HOYT M HSIAOTRUSTEE0.4—
DOUGLAS A HUEBSCHTRUSTEE0.4—
MICHAEL H JOHNSONTRUSTEE0.4—
RUTH E JOHNSONTRUSTEE0.4—
EZELL JONESTRUSTEE (UNITL 11/15/2023)0.4—
JAMES K LEETRUSTEE0.4—
MICHAEL P LEHANTRUSTEE0.4—
BETH KIEFFER LEONARDTRUSTEE0.4—
ROSS LEVINTRUSTEE0.4—
JOHN E LINDAHLTRUSTEE0.4—
LAURIE MARSHTRUSTEE0.4—
DAVID J MEYERTRUSTEE (UNITL 11/15/2023)0.4—
DAVID C MORTENSONTRUSTEE (UNITL 11/15/2023)0.4—
ABDUL M OMARI PHDTRUSTEE0.4—
LISA OPOKU JDTRUSTEE0.4—
RICHARD T OSTLUND JDTRUSTEE0.4—
BETHANY M OWENTRUSTEE0.4—
LYNNE REDLEAFTRUSTEE0.4—
MICHAEL F ROMANTRUSTEE0.4—
PHILIP E SORANTRUSTEE0.4—
TY R SILBERHORNTRUSTEE0.4—
ESTA E STECHERTRUSTEE0.4—
DARRELL A THOMPSONTRUSTEE0.4—
ERIK M TORGERSONTRUSTEE0.4—
PETER A VORBRICHTRUSTEE0.4—
BRADFORD W WALLINTRUSTEE0.4—
THERESA B WARDTRUSTEE0.4—
NANCY WISER STEFANITRUSTEE0.4—
CHRISTINE K SEARSONVICE PRESIDENT/CFO40$376,543
PAT MASCIAUMFREA MANAGING DIRECTOR40$518,923
ROBERT J BURGETTSENIOR VICE PRESIDENT40$437,790
PATRICIA K PORTERVICE PRESIDENT40$427,492
JAMES G AAGAARDVICE PRESIDENT (UNTIL 1/3/2024)40$313,506
MICHAEL COHENVICE PRESIDENT40$195,080
SARAH E YOUNGERMANVICE PRESIDENT40$275,318
SOPHIA KHANVICE PRESIDENT40$165,744
CATHERINE MCGLINCHASSOCIATE VICE PRESIDENT40$265,140
ELIZABETH PATTYASSOCIATE VICE PRESIDENT40$269,214
KRISTI FLANAGAN VILLARASSOCIATE VICE PRESIDENT40$264,570
STEVEN M CORKERYASSOCIATE VICE PRESIDENT40$270,054
TRAVIS SMITHASSOCIATE VICE PRESIDENT40$300,654

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

2states

States

District of ColumbiaMinnesota

Cities

CHASKAChaskaEDINAMINNEAPOLISMinneapolisROCHESTERST PAULSt PaulWASHINGTONWashington

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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