Minnesota · Nonprofit
MAYO CLINIC GROUP RETURN
MAYO CLINIC GROUP RETURN (Minnesota) receives grants from 9 organizations whose IRS filings report $449,046 to it, the largest being WHITEFISH COMMUNITY FOUNDATION INC ($229,300). 2 of them have funded it in more than one year, and 85% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $14.9B
- Funders on record
- 9
- Grants received
- $449k
- Net assets
- $8.7B
What Mayo Clinic Group Return does
Mission
To inspire hope and contribute to health and well-being by providing the best care to every patient through integrated clinical practice, education, and research.
As stated on its FY2024 Form 990.
Programs
Patient care (see schedule o)patient caremayo clinic, as an affiliated group of healthcare entities, is an integrated, not-for-profit group practice and has sites in rochester, minnesota; scottsdale/phoenix, arizona; jacksonville, florida and also serves approximately 40 communities in the upper midwest through the mayo clinic health system. Mayo clinic is driven by its mission of providing the best patient care to every patient, every day through integrated clinical practice, education, and research. Doctors from every medical specialty work together to care for patients and are joined by common systems and a philosophy that the needs of the patient come first. There are 17 subordinate organizations from the mayo clinic affiliated group that are part of this group return. Operations include 21 hospital facilities (19 licensed hospitals), numerous clinical facilities, 1 nursing home, 3 elderly/assisted living facilities and 7 chemical dependency treatment centers, an ambulance service organization, 1 foundation-type organization and 1 organization that provides support services (shared services) to mayo clinic, its affiliates and patients.geographically, the subordinates are…
$11,475,243,483 spentof which $1,636,513,376 as grants$13,501,093,400 earned by the program94% of program spendingMedical research (see schedule o)medical researchmayo clinic, as an affiliated group, conducts basic, translational, clinical, and epidemiological research at its campuses in minnesota, arizona, and florida and throughout the mayo clinic health system. The needs of the patients is what drives research at mayo clinic. As doctors treat patients and see opportunities for advancing patient care, they work together with mayo scientists and research teams to develop new and improved diagnostic tools, medications, devices, treatment protocols and more.mayo clinic's unique culture of collaboration and teamwork, and its extensive facilities and resources, make it possible for researchers to unravel and solve complex research questions. Answering these questions requires a team of physicians who care for patients with a disease, basic scientists who investigate the condition's molecular basis and epidemiologists who study its effect on populations. This close integration makes it possible to quickly bring proven diagnostics and therapeutics to patients and share this knowledge with the next generation of doctors and scientists.the research activities conducted by the subordinates are…
$324,006,853 spentof which $28,541,447 as grants$880,788 earned by the program3% of program spendingShared services (see schedule o)shared servicesas part of its exempt function, one of the subordinate organizations (mayo foundation for medical education and research) facilitates efforts and shared services on behalf of and for the benefit of mayo clinic and its affiliates. Certain services are centralized within the subordinate organization and include finance, human resources, legal, public affairs, supply chain, information technology and various other services. Certain costs related to providing these shared services are allocated out or charged to the affiliates. Facilitating these efforts and services allows mayo clinic and its affiliates to better conduct their exempt functions by reducing costs, having standardized practices and procedures, and creating economies of scale.
$196,322,073 spent$196,322,073 earned by the program2% of program spendingHealth professional educationmayo clinic's investments in education inform and empower physicians, researchers, medical professionals, patients, students, and communities to improve public health and well-being, along with preparing the next generation of health care professionals to provide outstanding, compassionate care to patients worldwide. The educational activities of mayo clinic are centered in the mayo clinic college of medicine and science which consists of five schools:- mayo clinic alix school of medicine- mayo clinic school of graduate medical education- mayo clinic graduate school of biomedical sciences- mayo clinic school of health sciences- mayo clinic school of continuous professional developmentmayo clinic, as an affiliated group, offers educational programs and training opportunities on its campuses in rochester, minnesota; scottsdale/phoenix, arizona; and jacksonville, florida and several of the health system sites in minnesota and wisconsin. In affiliation with the mayo clinic college of medicine, the subordinates offer physician residency programs and fellowships in many medical and surgical specialties, training programs for allied health personnel and…
$197,086,693 spentof which $7,680,248 as grants$228,758,225 earned by the program2% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $12,192,659,102.
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.
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 $14.6B to $17.7B (+21%).
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.
Government-grant reliance: 2017 1% · 2018 1% · 2019 1% · 2020 2% · 2021 1% · 2022 1% · 2023 1% · 2024 1%. Grants only. Government contracts and fees sit inside program revenue.
5% of MAYO CLINIC GROUP RETURN’s revenue is contributions — more reliant on donations than three-quarters of its peers (1% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.
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.
Who funds it, year by year
2020 → 2023: the base broadened from 3 funders to 4 funders, grant income fell $33k → $15k.
5 of 9 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 86% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of MAYO CLINIC GROUP RETURN’s funders (the co-funder graph). Top 8 of 9 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
MAYO CLINIC GROUP RETURN leans on a few funders — its largest provides 51% of grant income and the top three 83%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
100% 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 MAYO CLINIC GROUP RETURN.
Largest funder’s share by year: 2020 45% · 2021 100% · 2022 74% · 2023 55% — 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
25% of MAYO CLINIC GROUP RETURN's funders are still giving 2 years after their first grant; 22% give in more than one year at all.
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
85% of MAYO CLINIC GROUP RETURN's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $65k that is directly attributable, 100% of it comes from funders outside Minnesota, across 3 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $384k arriving through sponsors registered in 3 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.
Against its field
MAYO CLINIC GROUP RETURN runs a healthier operating margin than half of the 2,075 health nonprofits its size.
this organization peer median middle 50% of peers· 2,075 health nonprofits over $100M, FY2024
Organizations like MAYO CLINIC GROUP RETURN
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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
85% of spending goes to programs.
Governance
Public support
87%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 10 states
Part of a family of 40 related entities
- Freels Mc LLC · disregarded
- Destination Medical Center Eda · exempt
- Mayo Clinic · exempt
- Hormel Foundation · exempt
- Naeve Health Care Foundation · exempt
Screen this organization
A dated, signed PDF of the compliance screen for MAYO CLINIC GROUP RETURN: 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.
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 MAYO CLINIC GROUP RETURN?
- MAYO CLINIC GROUP RETURN (Minnesota) receives grants from 9 organizations whose IRS filings report $449,046 to it, the largest being WHITEFISH COMMUNITY FOUNDATION INC ($229,300). 2 of them have funded it in more than one year, and 85% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does MAYO CLINIC GROUP RETURN have?
- IRS filings report 9 organizations giving $449,046 in grants to MAYO CLINIC GROUP RETURN, 2 of which have funded it in more than one year.
- Who is the largest funder of MAYO CLINIC GROUP RETURN?
- WHITEFISH COMMUNITY FOUNDATION INC is the largest funder on record, with $229,300 in grants. The full list of funders is on this page.
- How can an organization like MAYO CLINIC GROUP RETURN 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 9 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