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Minnesota · Nonprofit

MINNESOTA MEDICAL ASSOCIATION FOUNDATION

MINNESOTA MEDICAL ASSOCIATION FOUNDATION (Minnesota) receives grants from 6 organizations whose IRS filings report $292,969 to it, the largest being THE PHYSICIANS FOUNDATION INC ($117,175). 2 of them have funded it in more than one year.

Revenue FY2024
$467k
Funders on record
6
Grants received
$293k
Net assets
$2.2M
2/6 repeat fundersgrants exceed reported revenue in one year
01What it does

What Minnesota Medical Association Foundation does

Mission

The foundation's mission is to be the mma's philanthropic partner in making minnesota the healthiest state and best place to practice.

As stated on its FY2024 Form 990.

Program

  1. As a philanthopic partner, the mma foundation supports the mission of the mma to make minnesota the healthiest state and best place to practice. It develops and promotes initiatives to catalyze optimal health for all, foster well-being for physicians and physicians in training, and promote the profession and support diversification of the future workforce. In 2024, the foundation awarded one community health grant that provided $5,000 for wound care kits at a shelter that serves unhoused people in the duluth areas. The foundation also continued its support for medical students, residents, and fellows by providing scholarships for their community service and research. In 2024, the foundation delivered $6,545 in scholarship grants. In 2024, the foundation continued its suicide prevention initiative by funding physician-led training in counseling on access to lethal means and question-persuade-refer suicide prevention gatekeeper training to medical association members across minnesota.in the past year, the foundation also supported its physician volunteerism program, which is a resource that identifies volunteer opportunities specifically for physicians. The program grows out of the…

    $37,809 spentof which $11,545 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $37,809.

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.

100 = 20172017 Revenue 100 ($133k) Expenses 100 ($69k) Net assets 100 ($1.4M)2018 Revenue 177 ($236k) Expenses 255 ($176k) Net assets 98 ($1.4M)2019 Revenue 103 ($138k) Expenses 244 ($169k) Net assets 108 ($1.5M)2020 Revenue 158 ($211k) Expenses 181 ($125k) Net assets 115 ($1.6M)2021 Revenue 228 ($304k) Expenses 145 ($100k) Net assets 137 ($1.9M)2022 Revenue 135 ($180k) Expenses 152 ($105k) Net assets 123 ($1.7M)2023 Revenue 221 ($295k) Expenses 276 ($191k) Net assets 138 ($1.9M)2024 Revenue 351 ($467k) Expenses 146 ($101k) Net assets 155 ($2.2M)
'17'18'19'20'21'22'23'24
Revenue (351)Expenses (146)Net assets (155)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $1.6M to $1.9M (+19%).

$1.4M
$1.4M
$1.5M
$1.6M
$1.9M
$2.0M
$2.0M
$2.2M
'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

Surplus & reserves

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

$64k
’17
$59k
’18
−$31k
’19
$85k
’20
$203k
’21
$75k
’22
$104k
’23
$367k
’24
40
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

Kristen Gloege

Chief executive officer

As listed on its FY2024 Form 990.

The chief executive listed changed between the FY2017 and FY2018 filings.

'17'18'19'20'21'22'23'24
Listed1010121316151713
Joined·+3+4+2+3+0+3+0
No longer listed·3210114
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 2 funders, grant income fell $11k → $-29406.

2 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 7% 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: $55k from one payer (the payer shares this organization's board, largest Minnesota Medical Association). These are real filings, and they are not money MINNESOTA MEDICAL ASSOCIATION FOUNDATION raised.

From the IRS filings of MINNESOTA MEDICAL ASSOCIATION FOUNDATION’s funders (the co-funder graph). 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

MINNESOTA MEDICAL ASSOCIATION FOUNDATION leans on a few funders — its largest provides 40% of grant income and the top three 85%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

55% 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 MINNESOTA MEDICAL ASSOCIATION FOUNDATION.

40%
largest funder
85%
top three
~4
effective funders

Largest funder’s share by year: 2018 100% · 2019 100% · 2020 100% · 2022 52% — diversifying over time.

“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.

Where its funders are

MINNESOTA MEDICAL ASSOCIATION FOUNDATION draws 85% of its grant income from funders outside Minnesota, across 4 states in all.

MN
CO
TX
FL

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

’19
’20
’22
Minnesota out of state home

Funder states come from each funder’s own filing. $21k arriving through sponsors registered in 2 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

Organizations like MINNESOTA MEDICAL ASSOCIATION FOUNDATION

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

38% of spending goes to programs.

Program 38%Management 62%Fundraising 0%

Governance

12
board members
100%
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 1 related entity

  • Minnesota Medical Assn · exempt

Screen this organization

A dated, signed PDF of the compliance screen for MINNESOTA MEDICAL ASSOCIATION FOUNDATION: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 MINNESOTA MEDICAL ASSOCIATION FOUNDATION?
MINNESOTA MEDICAL ASSOCIATION FOUNDATION (Minnesota) receives grants from 6 organizations whose IRS filings report $292,969 to it, the largest being THE PHYSICIANS FOUNDATION INC ($117,175). 2 of them have funded it in more than one year.
How many funders does MINNESOTA MEDICAL ASSOCIATION FOUNDATION have?
IRS filings report 6 organizations giving $292,969 in grants to MINNESOTA MEDICAL ASSOCIATION FOUNDATION, 2 of which have funded it in more than one year.
Who is the largest funder of MINNESOTA MEDICAL ASSOCIATION FOUNDATION?
THE PHYSICIANS FOUNDATION INC is the largest funder on record, with $117,175 in grants. The full list of funders is on this page.
How can an organization like MINNESOTA MEDICAL ASSOCIATION FOUNDATION 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 6 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