- Revenue 2024
- $586,199,341
- Expenses 2024
- $383,185,554
Program services were 79.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- B110
- Classification
- 2000
- Street
- 200 OAK ST SE STE 500
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
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.
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $304,014,073 · Grants $304,014,073
As filed on the 2024 return. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Kathleen M SchmidlkoferKATHLEEN M SCHMIDLKOFER
PRESIDENT/CEO (UNTIL 6/30/2025)
- Total calculated
- $788,382
- From this org
- $739,480
- From related orgs
- $0
- Other
- $48,902
- Hours/week
- 40 + 0.4 related
Schedule J breakdown matched by us
- Base
- $520,832
- Bonus
- $217,460
- Other
- $1,188
- Deferred
- $34,500
- Nontaxable benefits
- $14,402
- Filer's total
- $788,382
-
John MorrisJOHN MORRIS
PRESIDENT/CEO (STARTED 5/1/2025)
- Total calculated
- $0
- Hours/week
- 40 + 0.4 related
-
Kenneth C GlaserKENNETH C GLASER
TRUSTEE/CHAIR
- Total calculated
- $0
- Hours/week
- 0.4
-
Shari L BallardSHARI L BALLARD
TRUSTEE (UNTIL 11/7/2024)
- Total calculated
- $0
- Hours/week
- 0.4
-
Jacqueline R Williams-RollJACQUELINE R WILLIAMS-ROLL
TRUSTEE/PAST CHAIR
- Total calculated
- $0
- Hours/week
- 0.4
-
Abdul M Omari PhDABDUL M OMARI PHD
TRUSTEE/VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0.4
-
Roger J SitROGER J SIT
TRUSTEE/TREASURER
- Total calculated
- $0
- Hours/week
- 0.4
-
Thomas G OlsonTHOMAS G OLSON
TRUSTEE/SECRETARY
- Total calculated
- $0
- Hours/week
- 0.4
-
Wemimo S Abbey MpaWEMIMO S ABBEY MPA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.4
-
Blythe A BrendenBLYTHE A BRENDEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.4
-
Dorothy J BridgesDOROTHY J BRIDGES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.4
-
Lynn CaseyLYNN CASEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.4
-
Rebecca A Crooks-StrattonREBECCA A CROOKS-STRATTON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.4
-
Rebecca M Cunningham MDREBECCA M CUNNINGHAM MD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.4
-
Mary A DavenportMARY A DAVENPORT
TRUSTEE (UNTIL 6/30/2025)
- Total calculated
- $0
- Hours/week
- 0.4
-
Kathie Eiland-MadisonKATHIE EILAND-MADISON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.4
-
Acooa EllisACOOA ELLIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.4
-
Michael B FitermanMICHAEL B FITERMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.4
-
W Anders Folk JDW ANDERS FOLK JD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.4
-
Julie E GilbertJULIE E GILBERT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.4
-
Kurt E HeikkilaKURT E HEIKKILA
TRUSTEE (UNTIL 11/7/2024)
- Total calculated
- $0
- Hours/week
- 0.4
-
Pahoua HoffmanPAHOUA HOFFMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.4
-
Hoyt M HsiaoHOYT M HSIAO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.4
-
Douglas A HuebschDOUGLAS A HUEBSCH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.4
-
Michael H JohnsonMICHAEL H JOHNSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.4
The first 25 listed. Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $586,199,341
- Expenses
- $383,185,554
- Contributions
- $342,224,885
- Grants paid
- $304,014,073
-
2023
- Revenue
- $524,006,934
- Expenses
- $353,145,790
- Contributions
- $254,697,572
- Grants paid
- $283,517,310
-
2022
- Revenue
- $428,104,208
- Expenses
- $329,663,282
- Contributions
- $264,630,179
- Grants paid
- $262,653,447
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2024 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2023 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2022 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2021 · 990
- Revenue
- $372,579,336
- Expenses
- $259,725,296
- Assets (EOY)
- $4,264,297,877
-
2021 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2020 · 990
- Revenue
- $669,514,544
- Expenses
- $255,977,022
- Assets (EOY)
- $4,420,065,180
-
2020 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2019 · 990
- Revenue
- $247,493,306
- Expenses
- $258,577,397
- Assets (EOY)
- $3,368,130,769
-
2018 · 990
- Revenue
- $277,579,789
- Expenses
- $265,831,329
- Assets (EOY)
- $3,303,486,247
-
2017 · 990
- Revenue
- $313,095,237
- Expenses
- $248,961,516
- Assets (EOY)
- $3,091,973,602
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
-
UNIVERSITY OF MINNESOTA
$294,797,625
2024 THE FOUNDATION PROVIDES FUND GRANTS TO AND FOR THE BENEFIT OF THE UNIVERSITY OF MINNESOTA.
-
UNIVERSITY OF MINNESOTA
$270,821,870
2023 THE FOUNDATION PROVIDES FUND GRANTS TO AND FOR THE BENEFIT OF THE UNIVERSITY OF MINNESOTA.
-
UNIVERSITY OF MINNESOTA
$251,175,356
2022 THE FOUNDATION PROVIDES FUND GRANTS TO AND FOR THE BENEFIT OF THE UNIVERSITY OF MINNESOTA.
-
$10,305,846
2023 FUND GRANTS TO SUPPORT THE UNIVERSITY OF MINNESOTA HOSPITAL AND CLINICAL PROGRAMMING AT M HEALTH FAIRVIEW.
-
$6,769,246
2022 FUND GRANTS TO SUPPORT THE UNIVERSITY OF MINNESOTA HOSPITAL AND CLINICAL PROGRAMMING AT M HEALTH FAIRVIEW.
-
$5,554,400
2024 FUND GRANTS TO SUPPORT THE UNIVERSITY OF MINNESOTA HOSPITAL AND CLINICAL PROGRAMMING AT M HEALTH FAIRVIEW.
-
MINNESOTA LANDSCAPE ARBORETUM FOUNDATION
$4,284,530
2022 THE MINNESOTA LANDSCAPE ARBORETUM FOUNDATION IS A RECOGNIZED FOUNDATION OF THE UNIVERSITY OF MINNESOTA.
-
$1,937,796
2023 FUND GRANT PER DONOR AGREEMENT TO MOVE FUNDS TO ANOTHER 501(C)3
-
UNIVERSITY GATEWAY CORPORATION
$1,300,000
2024 FUND GRANT TO SUPPORT THE UNIVERSITY GATEWAY CORPORATION - A FACILITY THAT SUPPORTS THE UNIVERSITY OF MINNESOTA.
-
$806,253
2024 BETA OF CLOVIA FOUNDATION ESTABLISHED THEIR OWN 501(C)3. FUND GRANT TO TRANSFER THE FUND BALANCE.
The 10 largest by cash amount. The API serves every itemized grant.
Grants received
-
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$9,484,979
2024 For grant recipient's exempt purposes
-
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$3,656,407
2023 For grant recipient's exempt purposes
-
$3,048,100
2024 EDUCATION
-
$2,980,694
2024 DONOR ADVISED, EDUCATION
-
VANGUARD CHARITABLE ENDOWMENT PROGRAM
$2,951,400
2023 FOR RECIPIENT'S EXEMPT PURPOSE
-
DONOR ADVISED CHARITABLE GIVING
$2,918,849
2024 EDUCATION
-
DONOR ADVISED CHARITABLE GIVING
$2,331,772
2023 EDUCATION
-
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$2,271,855
2022 For grant recipient's exempt purposes
-
DONOR ADVISED CHARITABLE GIVING
$2,247,902
2022 EDUCATION
-
2024 UNRESTRICTED GENERAL SUPPORT
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2024 return
-
UNIVERSITY GATEWAY CORPORATION
501(C)(3) · FACILITY TO SUPPORT UNIVERSITY OF MINNESOTA · MN · controlled entity
-
UNIVERSITY OF MINNESOTA FOUNDATION INVESTMENT ADVISORS
501(C)(3) · INVESTMENT MANAGEMENT · MN · controlled entity
Declared as related by
-
UNIVERSITY GATEWAY CORPORATION
On its 2024 return
-
ENGEBRETSON FAMILY CHARITABLE TRUST
On its 2024 return
-
UNIVERSITY OF MINNESOTA FOUNDATION INVESTMENT ADVISORS
On its 2024 return
-
CURTIS L CARLSON FAMILY FOUNDATION FOR THE UNIVERSITY OF MINNESOTA
On its 2024 return
-
On its 2024 return
-
On its 2023 return
-
The Millicent Merle Atkins Charitable Trust
On its 2022 return
Taxable family
From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.
Disregarded entities on its 2024 return
-
UNIVERSITY OF MINNESOTA FOUNDATION - DINNAKEN HOUSING LLC
REAL ESTATE RENTAL · DE · income $3,195,680 · assets $19,710,742
-
ARGYLE HOUSE LLC
REAL ESTATE RENTAL · DE · income $1,917,262 · assets $9,526,125
-
TARRIE HOUSE
REAL ESTATE RENTAL · DE · income $593,883 · assets $1,736,064
-
FULTON TOWNHOUSE
REAL ESTATE RENTAL · DE · income $250,959 · assets $748,423
-
STADIUM VILLAGE MALL
REAL ESTATE RENTAL · DE · income $309,576 · assets $4,504,031
-
UMFREA PV LLC
REAL ESTATE RENTAL · DE · income $254,004 · assets $49,326,292
-
DINNAKEN OFFICE BUILDING LLC
REAL ESTATE RENTAL · DE · income $0 · assets $1,845,806
-
DINNAKEN PARKING LOT LLC
REAL ESTATE RENTAL · DE · income $5,659 · assets -$9,164
-
SV PLAZA LLC
REAL ESTATE RENTAL · DE · income $62,818 · assets $15,555,274
-
OAK WASH LLC
REAL ESTATE RENTAL · DE · income $198,326 · assets $6,571,682
-
GO-INNOVATION FINANCE FUND
LOAN PORTFOLIO · AS · income $2,251,755 · assets $17,240,921
Related partnerships on its 2024 return
-
ARTES CAPITAL SMA 1 LLC
INVESTMENT · INVESTMENT · CA · 99.68% owned · share of income $4,899,139 · share of assets $51,657,671
-
CLEAR HAVEN - UMF FUND LP
INVESTMENT · INVESTMENT · NY · 100% owned · share of income $23,983,149 · share of assets $261,292,811
-
CLEAR HAVEN CREDIT OPPORTUNITIES FEEDER FUND II
INVESTMENT · INVESTMENT · NY · 100% owned · share of income -$40,450 · share of assets $9,728,241
-
CLEAR HAVEN CREDIT OPPORTUNITIES FEEDER FUND III
INVESTMENT · INVESTMENT · NY · 100% owned · share of income -$6,854 · share of assets $2,493,146
-
CORRUM CAPITAL UMF LP
INVESTMENT · INVESTMENT · NC · 99.99% owned · share of income $5,011,499 · share of assets $53,903,295
-
COVENTURE STRATEGIC PARTNERS FUND UMF LLC
INVESTMENT · INVESTMENT · NY · 99.2% owned · share of income $823,032 · share of assets $8,200,279
-
FIDELIS INVESTORS MORTGAGE FUND I LP
INVESTMENT · INVESTMENT · NJ · 74.56% owned · share of income $6,134,607 · share of assets $167,915,774
-
FIDELIS INVESTORS WH 2021-01 LP
INVESTMENT · INVESTMENT · NJ · 99.84% owned · share of income $10,415,534 · share of assets $122,827,160
-
GO-HIGHMORE TRADE FINANCE FUND LP
INVESTMENT · INVESTMENT · NY · 98.71% owned · share of income -$259,442 · share of assets $8,360,990
-
HC SMA-I LLC
INVESTMENT · INVESTMENT · NJ · 100% owned · share of income $422,050 · share of assets $6,386,626
-
LATERAL UMF FEEDER LLC
INVESTMENT · INVESTMENT · CA · 100% owned · share of income $68,575 · share of assets $1,838,692
-
LEGALIST DIP SPV II LP
INVESTMENT · INVESTMENT · CA · 89.73% owned · share of income $2,111,323 · share of assets $26,031,874
-
LEGALIST SPV II LP
INVESTMENT · INVESTMENT · CA · 95.32% owned · share of income -$28,968 · share of assets $3,260,770
-
LEGALIST SPV III LP
INVESTMENT · INVESTMENT · CA · 100% owned · share of income $7,964,636 · share of assets $65,817,231
-
LESTE UMF FUND 1 LLC
INVESTMENT · INVESTMENT · FL · 100% owned · share of income $711,308 · share of assets $7,620,535
-
LRC PARTNERS I LLC
INVESTMENT · INVESTMENT · NC · 99.01% owned · share of income $1,916,866 · share of assets $9,768,455
-
MHRA LP
INVESTMENT · INVESTMENT · NY · 94.97% owned · share of income -$6,850 · share of assets $2,388,372
-
MRP SMA II LP
INVESTMENT · INVESTMENT · MN · 95.34% owned · share of income $2,500,046 · share of assets $34,887,373
-
NORTHLEAF STRATEGIC CAPITAL FUND LP
INVESTMENT · INVESTMENT · CA · 100% owned · share of income $1,254,016 · share of assets $20,575,454
-
OHP SMA 1
INVESTMENT · INVESTMENT · CT · 98.1% owned · share of income $324,565 · share of assets $3,053,204
-
PC ABL SMA 1 LP
INVESTMENT · INVESTMENT · CA · 100% owned · share of income $2,487,281 · share of assets $32,658,188
-
POST ROAD SPECIALTY LENDING FUND (UMINN) LP
INVESTMENT · INVESTMENT · CT · 96.74% owned · share of income $21,566 · share of assets $9,342,142
-
PSF VIKING LENDING LLC
INVESTMENT · INVESTMENT · TX · 93.62% owned · share of income $315,496 · share of assets $20,803,379
-
SERIES M - VIRAGE CAPITAL PARTNERS II LP
INVESTMENT · INVESTMENT · TX · 100% owned · share of income $1,582,923 · share of assets $23,911,755
-
STORMFIELD NORTH STAR FUND LP
INVESTMENT · INVESTMENT · CT · 100% owned · share of income $5,576,640 · share of assets $55,121,256
The first 25 as filed. The return lists the rest.
Related corporations and trusts on its 2024 return
-
CHARITABLE REMAINDER UNITRUSTS (33)
T · TRUST · MN
-
T · TRUST · MN
-
T · TRUST · MN
Listed by
-
UNIVERSITY OF MINNESOTA FOUNDATION INVESTMENT ADVISORS
As a related corporation or trust on its 2024 return
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.