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University of Minnesota Foundation

Public charity990-T FY2023
DBA: % MCNAMARA ALUMNI CENTER
Other · MINNEAPOLIS, MN · EIN 41-6042488
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About

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.

In care of Mcnamara Alumni Center

Donations are tax-deductible
Category
Other
Employees
48
Volunteers
45

Financial Snapshot

FY ending 2024-06-30
Revenue
$524.0M
Expenses
$353.1M
Assets
$4.9B
Liabilities
$525.5M

Financial history

$524.0M$262.0M$0
161718192021222324
RevenueExpenses
Latest FY2024: $524.0M · Avg: $353.5M

Foreign activity (Schedule F)

Total spent abroad$794.4M
Foreign employees0
Foreign offices0
Foreign partnership interestYes
Foreign trust interestNo
RegionActivitySpent
CENTRAL AMERICA AND THE CARIBBEAN——
NORTH AMERICA——
EAST ASIA AND THE PACIFIC——
SUB-SAHARAN AFRICA——
EUROPE (INCLUDING ICELAND & GREENLAND)——

Political & Grant Activity

Campaign Spending
—
Lobbying
—
Grants Given
$283.5M
UNIVERSITY OF MINNESOTA FOUNDATION
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Address

200 OAK ST SE STE 500
Minneapolis, MN, 55455-201

Governance

Voting board members43
Independent members42
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %5.0%
Permanent endowment %58.0%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.