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Minnesota · Nonprofit

Fairview Health Services

Fairview Health Services (Minnesota) receives grants from 31 organizations whose IRS filings report $40,521,701 to it, the largest being UNIVERSITY OF MINNESOTA FOUNDATION ($25,646,619). 12 of them have funded it in more than one year.

Revenue FY2024
$5.3B
Funders on record
31
Grants received
$41M
Net assets
$2.6B
12/31 repeat funderspeak grant-dependency 0%
01What it does

What Fairview Health Services does

Mission

Mission: Fairview is driven to heal, discover and educate for longer, healthier lives. Vision: Fairview is driving a healthier future. Values: Dignity: We value the uniqueness of each person and work to ensure everyone's right to privacy. We respect the cultures, values, beliefs and traditions of others and honor their talents and contributions. Integrity: We say what we mean and do what we say. We communicate openly and honestly and behave ethically. We demand the best of ourselves and accept shared accountability for our actions. Service: We work to make a difference in people's lives and in our communities. We strive for excellence by anticipating, meeting and exceeding expectations. We continually improve our programs and skills through learning and innovation. We responsibly manage our resources.

As stated on its FY2024 Form 990.

Programs

  1. Fairview Health Services is an integrated academic health system located in Minneapolis, Minnesota, and, along with its affiliates and subsidiaries, is one of the leading health care providers in Minnesota with $8 billion in operating revenue for 2024. Fairview offers a broad continuum of health care services through its hospitals, clinics, and other health care related operations and is a Minnesota nonprofit corporation that is exempt from federal income taxation under Section 501(c)(3) of the Internal Revenue Code. The most recent community health needs assessment (CHNA) identified 3 key areas as the greatest needs in our community - navigating and accessing care and resources; healing, connectedness, and mental health; structural racism and barriers to equity. Fairview Health Services is meeting the needs of the community by focusing on racial and ethnic populations experiencing health disparities and people experiencing poverty through partnering with the community to build solutions, removing barriers to create and expand relevant programs and focused services. Please see Schedule H for a description of additional services, community benefit activities, and the full spectrum…

    $2,263,800,596 spentof which $68,708 as grants$3,089,916,761 earned by the program
    55% of program spending
  2. Cost of participating in government programs: Fairview is committed to serving the health care needs of members of its community. To support full access to services, Fairview participates in the following public health care programs: Medicare, Medicaid, and MinnesotaCare. Reimbursement from these programs for services rendered, generally falls below the cost of providing the care. To compensate for the under funding by government programs, Fairview makes a significant financial investment to offset these losses. While Fairview is a tax-exempt entity, it does support its local communities through various taxes it pays. In 2024, Fairview Health Services paid approximately $100 million in real estate, sales, unrelated business income and Minnesota Care taxes. In 2024, Fairview incurred $68,527,156 of medical taxes and surcharge costs in health care services that exceeded the reimbursement received by public programs, surcharge, medical taxes and fees related to these programs and not including Medicare. The following is a breakdown on costs related to the cost of participating in government programs: Costs exceed Medicaid Reimbursement: Fairview is serving thousands of low- income…

    $1,652,531,709 spent$1,960,118,619 earned by the program
    40% of program spending
  3. The primary purpose of our educational and research programs is to benefit patients and the community at large by educating health professionals both within Fairview and in the broader community, and by fostering advances in knowledge and evidence-based improvements to clinical treatments and approaches to health care delivery. The Office of the Chief Academic Officer champions the work of the research and education teams at M Health Fairview. The CAO leverages resources across the M Health Fairview partnership to improve research and education in the system, creates significant milestones on our journey to becoming a learning health system, utilizes a Clinical Learner Experience survey to continually improve the education and connection with our future healthcare workforce, and builds out research support services to support systemwide studies. RESEARCH - Research is an integral and critical component in providing exceptional care to patients and the community. As an academic health system, M Health Fairview is committed to clinical innovation. A young patient was living with a horrible disease with no previously known cure. Through the care of our teams and a new kind of…

    $232,792,147 spent$26,955,431 earned by the program
    6% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $4,149,124,452.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($3.8B) Expenses 100 ($3.3B) Net assets 100 ($2.5B)2018 Revenue 103 ($3.9B) Expenses 110 ($3.7B) Net assets 100 ($2.5B)2019 Revenue 107 ($4.0B) Expenses 122 ($4.1B) Net assets 101 ($2.5B)2020 Revenue 104 ($3.9B) Expenses 114 ($3.8B) Net assets 106 ($2.7B)2021 Revenue 110 ($4.1B) Expenses 111 ($3.7B) Net assets 112 ($2.8B)2022 Revenue 116 ($4.4B) Expenses 126 ($4.2B) Net assets 98 ($2.5B)2023 Revenue 125 ($4.7B) Expenses 131 ($4.4B) Net assets 99 ($2.5B)2024 Revenue 142 ($5.3B) Expenses 146 ($4.9B) Net assets 104 ($2.6B)
'17'18'19'20'21'22'23'24
Revenue (142)Expenses (146)Net assets (104)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $4.8B to $6.1B (+25%).

$5.0B
$5.0B
$5.2B
$5.4B
$5.5B
$4.8B
$6.1B
$6.5B
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 0% · 2018 0% · 2019 0% · 2020 2% · 2021 1% · 2022 0% · 2023 0% · 2024 1%. Grants only. Government contracts and fees sit inside program revenue.

1% of Fairview Health Services’s revenue is contributions — more donation-reliant than the typical peer (1% for the typical peer).

This organization
Typical peer · 2,211 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

$420M
’17
$204M
’18
−$52M
’19
$104M
’20
$405M
’21
$169M
’22
$324M
’23
$440M
’24
0.9
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

James Hereford

President & CEO

Board chair

RIch Ostlund

Chair, END 12-2024

As listed on its FY2024 Form 990.

20172018201920202024
Listed5144443937
Joined·+6+10+7·
No longer listed·131012·
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 4 funders to 7 funders, grant income rose $76k → $7.3M.

5 of 31 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $38M from 9 payers (the payer shares this organization's board, largest Fairview Foundation). These are real filings, and they are not money Fairview Health Services raised.

From the IRS filings of Fairview Health Services’s funders (the co-funder graph). Top 29 of 31 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Fairview Health Services leans on a few funders — its largest provides 63% of grant income and the top three 95%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

68% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Fairview Health Services.

63%
largest funder
95%
top three
~2
effective funders

Largest funder’s share by year: 2017 61% · 2018 50% · 2019 86% · 2020 69% · 2021 74% · 2022 74% · 2023 92% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

27% of Fairview Health Services's funders are still giving 3 years after their first grant; 39% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

72% of Fairview Health Services's grant income comes from Minnesota funders.

WA
MN
WI
NY
MA
SD
PA
NJ
VA
NC
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Minnesota out of state home

Funder states come from each funder’s own filing. $578k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Fairview Health Services runs a healthier operating margin than half of the 2,075 health nonprofits its size.

Operating margin8% · above the median
Months of reserve0.9mo · above the median
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 2,075 health nonprofits over $100M, FY2024

Government funding Fairview Health Services receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $12.7M on record — $12.7M federal, $19k state.

Federal$12.7M
grants $11.8Mcontracts $912k
17
18
19
20
22
23
24
25
Top agencies
  • Department of Health and Human Services$11.3M
  • Department of Veterans Affairs$912k
  • Department of Agriculture$484k
State$19k
17
19
20
22
23
24
25
By state
  • MA$17k
  • FL$2k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Fairview Health Services

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Minnesota

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

85% of spending goes to programs.

Program 85%Management 15%Fundraising 0%

Governance

20
board members
95%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

MN

Part of a family of 37 related entities

  • Fairview Pharmacy Services LLC · disregarded
  • Fairview Maple Grove Surgery Center · disregarded
  • Integradose Compounding Services LLC · disregarded
  • University Anesthesia Providers LLC · disregarded
  • D&T Facility Management Company · exempt

Screen this organization

A dated, signed PDF of the compliance screen for Fairview Health Services: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Fairview Health Services?
Fairview Health Services (Minnesota) receives grants from 31 organizations whose IRS filings report $40,521,701 to it, the largest being UNIVERSITY OF MINNESOTA FOUNDATION ($25,646,619). 12 of them have funded it in more than one year.
How many funders does Fairview Health Services have?
IRS filings report 31 organizations giving $40,521,701 in grants to Fairview Health Services, 12 of which have funded it in more than one year.
Who is the largest funder of Fairview Health Services?
UNIVERSITY OF MINNESOTA FOUNDATION is the largest funder on record, with $25,646,619 in grants. The full list of funders is on this page.
How can an organization like Fairview Health Services find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 31 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing