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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education University of Minnesota Foundation

University of Minnesota Foundation

Fiscal year ending 2016. Filed on May 7, 2017.

200 Oak Street SE No 500
103
Minneapolis, Minnesota 55455

University of Minnesota Foundation (EIN: 41-6042488) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2016 IRS Form 990 filing, University of Minnesota Foundation, a 501(c)(3) charitable organization, reported compensation for 10 out of 46 total employees. Among the employees shown here, the average compensation is $309,652. The highest compensated employee at University of Minnesota Foundation is Kathleen M Schmidlkofer with fiscal year 2016 compensation of $493,485.

Revenue, expenses, and employee compensation

Revenue

$273,241,140

Expenses

$262,543,503

Employee compensation

$25,293,873
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Kathleen M Schmidlkofer
President and Chief Executive Officer
$493,485
$457,387 No related comp$36,098
Elizabeth A Malkerson
Executive Vice President
$454,329
$410,281 No related comp$44,048
Sarah Harris
Umfrea Managing Director
$321,799
$278,154 No related comp$43,645
Kathleen L Pickard
Vice President and Chief Financial Officer
$304,440
$252,858 No related comp$51,582
Patricia K Porter
Vice President
$302,791
$263,282 No related comp$39,509
Mark L Baumgartner
Vice President
$292,811
$253,254 No related comp$39,557
Robert J Burgett
Vice President
$291,171
$253,653 No related comp$37,518
James G Aagaard
Vice President
$274,444
$227,826 No related comp$46,618
Erik J Thurman
Vice President
$272,875
$225,471 No related comp$47,404
Lorie Humphrey
Vice President
$88,377
$80,263 No related comp$8,114

Benchmark Employee Compensation

Non-Employee Board Members

Archie J Givens Jr
Trustee
Beverly N Grossman
Trustee
Blythe A Brenden
Trustee
Bradford W Wallin
Trustee
Brian D Wenger, Jd
Trustee
Christopher J Policinski
Trustee
David J McMillan
Trustee
David J Meyer
Trustee
Deborah L Hopp
Former Chair
Eric W Kaler, Ph.D.
Trustee
Erik M Torgerson
Trustee
Erwin A Kelen
Trustee

Contractors

Grenzebach Glier & Association
Consulting
$687,638
Parametric Portfolio Associates
Investment Manager Fees
$597,837
Deer Park Road Management Co
Investment Manager Fees
$579,706
Amcon Construction
Office Remodel
$348,437
Parallel Technologies Inc
Office Remodel
$289,940

Mission Statement

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.

Revisions to this organization profile

March 12, 2025:
2024 University of Minnesota Foundation 990 filed
March 26, 2024:
2023 University of Minnesota Foundation 990 filed
March 17, 2023:
2022 University of Minnesota Foundation 990 filed

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