Skip to content
Nonprofiteer
← All organizations

UNIVERSITY OF MINNESOTA FOUNDATION INVESTMENT ADVISORS

EIN 41-1931343 MINNEAPOLIS, MN

Revenue 2024
$6,765,603
Expenses 2024
$6,765,603

Program services were 88.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
B114
Classification
2000
Street
420 N 5TH ST STE 650

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).

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 SCHMIDLKOFER

    DIRECTOR (UNTIL 5/1/2025)

    Total calculated
    $788,382
    From this org
    $0
    From related orgs
    $739,480
    Other
    $48,902
    Hours/week
    0.4 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $520,832 related
    Bonus
    $0 + $217,460 related
    Other
    $0 + $1,188 related
    Deferred
    $0 + $34,500 related
    Nontaxable benefits
    $0 + $14,402 related
    Filer's total
    $0 + $788,382 related

  • JEFFREY V BAILEY

    CHAIR/DIRECTOR (UNTIL 5/1/2025)

    Total calculated
    $0
    Hours/week
    0.4

  • DOUGLAS A NEIMANN

    CHAIR/DIRECTOR

    Total calculated
    $0
    Hours/week
    0.4

  • PETER A VORBRICH

    VICE CHAIR/DIRECTOR

    Total calculated
    $0
    Hours/week
    0.4 + 0.4 related

  • JACK HANSEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.4

  • SRIRAM LAKSHMINARAYANAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.4

  • ROSS LEVIN

    DIRECTOR (UNTIL 5/1/2025)

    Total calculated
    $0
    Hours/week
    0.4 + 0.4 related

  • JUDY MARES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.4

  • JOHN MORRIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.4 + 40 related

  • MARCIA L PAGE

    DIRECTOR (UNTIL 5/1/2025)

    Total calculated
    $0
    Hours/week
    0.4

  • NII QUAYE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.4

  • THERESA B WARD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.4 + 0.4 related

  • ANDREW J BEHRENS

    CHIEF INVESTMENT OFFICER & PRESIDENT

    Total calculated
    $1,280,434
    From this org
    $1,233,698
    From related orgs
    $0
    Other
    $46,736
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $670,000
    Bonus
    $563,618
    Other
    $80
    Deferred
    $41,400
    Nontaxable benefits
    $5,336
    Filer's total
    $1,280,434

  • CHRISTINE K SEARSON

    SECRETARY/TREASURER

    Total calculated
    $460,969
    From this org
    $0
    From related orgs
    $388,286
    Other
    $72,683
    Hours/week
    0.4 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $318,403 related
    Bonus
    $0 + $68,695 related
    Other
    $0 + $1,188 related
    Deferred
    $0 + $33,651 related
    Nontaxable benefits
    $0 + $39,032 related
    Filer's total
    $0 + $460,969 related

  • AMANDA ESCEN

    CHIEF OPERATING OFFICER

    Total calculated
    $430,614
    From this org
    $357,869
    From related orgs
    $0
    Other
    $72,745
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $275,679
    Bonus
    $82,110
    Other
    $80
    Deferred
    $41,400
    Nontaxable benefits
    $31,345
    Filer's total
    $430,614

  • JEFFREY M RODGERS

    INVESTMENT DIRECTOR

    Total calculated
    $753,356
    From this org
    $681,902
    From related orgs
    $0
    Other
    $71,454
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $393,800
    Bonus
    $288,022
    Other
    $80
    Deferred
    $41,400
    Nontaxable benefits
    $30,054
    Filer's total
    $753,356

  • DANIEL J ARLANDSON

    INVESTMENT DIRECTOR

    Total calculated
    $737,721
    From this org
    $680,780
    From related orgs
    $0
    Other
    $56,941
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $392,638
    Bonus
    $288,022
    Other
    $120
    Deferred
    $41,400
    Nontaxable benefits
    $15,541
    Filer's total
    $737,721

  • DAVID T WALKOSZ

    DIRECTOR OF OPERATIONS

    Total calculated
    $328,614
    From this org
    $260,299
    From related orgs
    $0
    Other
    $68,315
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $194,230
    Bonus
    $65,725
    Other
    $344
    Deferred
    $31,857
    Nontaxable benefits
    $36,458
    Filer's total
    $328,614

  • GRANT LARSON

    INVESTMENT ANALYST

    Total calculated
    $231,814
    From this org
    $184,976
    From related orgs
    $0
    Other
    $46,838
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $139,379
    Bonus
    $45,533
    Other
    $64
    Deferred
    $23,164
    Nontaxable benefits
    $23,674
    Filer's total
    $231,814

  • HOLLIE WILMA

    ASSOCIATE DIRECTOR OF OPERATIONS

    Total calculated
    $138,360
    From this org
    $111,882
    From related orgs
    $0
    Other
    $26,478
    Hours/week
    40

  • DOUGLAS J GORENCE

    FORMER CHIEF INVESTMENT OFFICER EMERITUS

    Total calculated
    $543,329
    From this org
    $522,786
    From related orgs
    $0
    Other
    $20,543
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $522,786
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $20,543
    Filer's total
    $543,329

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 — 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
    $6,765,603
    Expenses
    $6,765,603
    Contributions
    $0
    Grants paid
    $0
  • 2023
    Revenue
    $5,939,742
    Expenses
    $5,939,742
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $5,661,243
    Expenses
    $5,661,243
    Contributions
    $0
    Grants paid
    $0

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

Nonprofiteer parses the Form 990 only. 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.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

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

Declared as related by

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 10 September 2026, under deductibility SOUNK.

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.