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Minnesota · Nonprofit

UNIVERSITY OF MINNESOTA FOUNDATION

UNIVERSITY OF MINNESOTA FOUNDATION (Minnesota) receives grants from 873 organizations whose IRS filings report $489,044,420 to it, the largest being CHILDREN'S CANCER RESEARCH FUND ($39,096,113). 490 of them have funded it in more than one year.

Revenue FY2025
$586M
Funders on record
873
Grants received
$489M
Net assets
$4.8B
490/873 repeat funderspeak grant-dependency 28%
01What it does

What University of Minnesota Foundation does

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.

As stated on its FY2025 Form 990.

Program

  1. Grants awarded to or on behalf of the university of minnesota collegiate programs in support of teaching, research, and outreach to the community. Grants awarded in support of education to u of m program including academic health services, athletics, libraries, minnesota extension service, multi-disciplinary and special projects, and weisman art museum. Grants to other university-related foundation include the minnesota landscape arboretum foundation. U of m campuses are located in minneapolis/st. Paul, crookston, duluth, morris, and rochester. Distribution by purpose included $85m to student support, $99m to program support, $47m to research and community outreach/engagement, $39m to faculty and staff support, and $34m to capital improvements.

    $304,014,073 spentof which $304,014,073 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $304,014,073.

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 ($286M) Expenses 100 ($290M) Net assets 100 ($2.6B)2018 Revenue 110 ($313M) Expenses 86 ($249M) Net assets 108 ($2.8B)2019 Revenue 97 ($278M) Expenses 92 ($266M) Net assets 115 ($3.0B)2020 Revenue 87 ($247M) Expenses 89 ($259M) Net assets 118 ($3.0B)2021 Revenue 234 ($670M) Expenses 88 ($256M) Net assets 154 ($4.0B)2022 Revenue 130 ($373M) Expenses 90 ($260M) Net assets 149 ($3.8B)2023 Revenue 150 ($428M) Expenses 114 ($330M) Net assets 156 ($4.0B)2024 Revenue 183 ($524M) Expenses 122 ($353M) Net assets 169 ($4.4B)2025 Revenue 205 ($586M) Expenses 132 ($383M) Net assets 185 ($4.8B)
'17'18'19'20'21'22'23'24'25
Revenue (205)Expenses (132)Net assets (185)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 2020 to 2021, from $3.4B to $4.4B (+31%).

$2.9B
$3.1B
$3.3B
$3.4B
$4.4B
$4.3B
$4.5B
$4.9B
$5.5B
'17'18'19'20'21'22'23'24'25
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
2025
ContributionsProgram revenueInvestmentOther

58% of UNIVERSITY OF MINNESOTA FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (14% for the typical peer).

This organization
Typical peer · 732 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

−$4.5M
’17
$64M
’18
$12M
’19
−$11M
’20
$414M
’21
$113M
’22
$98M
’23
$171M
’24
$203M
’25
51
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.

Board chair

Kenneth C Glaser

Trustee/chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed575860585958615961
Joined·+6+4+8+7+7+8+6+7
No longer listed·521068585
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 193 funders to 349 funders, grant income rose $22M → $67M.

112 of 873 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 32% 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: $45k from one payer (an institutional transfer, not a grant programme, largest Tansy Charitable Foundation). These are real filings, and they are not money UNIVERSITY OF MINNESOTA FOUNDATION raised.

From the IRS filings of UNIVERSITY OF MINNESOTA FOUNDATION’s funders (the co-funder graph). Top 30 of 873 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

UNIVERSITY OF MINNESOTA FOUNDATION has a broad base — no single funder exceeds 8% of grant income, and it takes 15 funders to reach half.

the vertical line marks half of all grant income — 15 funders to its left

51% 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 UNIVERSITY OF MINNESOTA FOUNDATION.

8%
largest funder
20%
top three
~41
effective funders

Largest funder’s share by year: 2017 23% · 2018 13% · 2019 12% · 2020 19% · 2021 9% · 2022 8% · 2023 13% — 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.

How long its funders stay

45% of UNIVERSITY OF MINNESOTA FOUNDATION's funders are still giving 3 years after their first grant; 56% 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

69% of UNIVERSITY OF MINNESOTA FOUNDATION's grant income comes from Minnesota funders.

ME
NH
WA
ND
MN
IL
WI
MI
NY
MA
OR
NV
WY
SD
IA
IN
OH
PA
NJ
CT
RI
CA
UT
CO
NE
MO
KY
VA
MD
DE
AZ
NM
KS
AR
TN
NC
SC
DC
OK
GA
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. $156M arriving through sponsors registered in 36 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

UNIVERSITY OF MINNESOTA FOUNDATION runs a healthier operating margin than three-quarters of the 684 education nonprofits its size.

Operating margin35% · top quartile
Months of reserve50.6mo · top quartile
Revenue growth (annualized)9% · top quartile

this organization peer median middle 50% of peers· 684 education nonprofits over $100M, FY2025

Government funding UNIVERSITY OF MINNESOTA FOUNDATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2.6M on record.

Federal$2.6M
grants $2.6Mcontracts $0
19
20
21
22
Top agencies
  • Department of Defense$2.6M

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 UNIVERSITY OF MINNESOTA 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

79% of spending goes to programs.

Program 79%Management 8%Fundraising 13%

Governance

43
board members
98%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

80%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 20 states

AK
ME
NH
MN
MI
NY
MA
OR
OH
PA
NJ
CA
CO
KY
WV
VA
MD
AR
SC
OK

Part of a family of 47 related entities

  • University of Minnesota Foundation - Dinnaken Housing LLC · disregarded
  • Argyle House LLC · disregarded
  • Tarrie House · disregarded
  • Fulton Townhouse · disregarded
  • Stadium Village Mall · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for UNIVERSITY OF MINNESOTA 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 UNIVERSITY OF MINNESOTA FOUNDATION?
UNIVERSITY OF MINNESOTA FOUNDATION (Minnesota) receives grants from 873 organizations whose IRS filings report $489,044,420 to it, the largest being CHILDREN'S CANCER RESEARCH FUND ($39,096,113). 490 of them have funded it in more than one year.
How many funders does UNIVERSITY OF MINNESOTA FOUNDATION have?
IRS filings report 873 organizations giving $489,044,420 in grants to UNIVERSITY OF MINNESOTA FOUNDATION, 490 of which have funded it in more than one year.
Who is the largest funder of UNIVERSITY OF MINNESOTA FOUNDATION?
CHILDREN'S CANCER RESEARCH FUND is the largest funder on record, with $39,096,113 in grants. The full list of funders is on this page.
How can an organization like UNIVERSITY OF MINNESOTA 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 FY2025 (financials across 2017–2025), and the filings of 873 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 22, 2026. What this page cannot tell you · view filing