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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 2017. Filed on April 26, 2018.

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 2017 IRS Form 990 filing, University of Minnesota Foundation, a 501(c)(3) charitable organization, reported compensation for 14 out of 62 total employees. Among the employees shown here, the average compensation is $290,387. The highest compensated employee at University of Minnesota Foundation is Kathleen M Schmidlkofer with fiscal year 2017 compensation of $523,407.

Revenue, expenses, and employee compensation

Revenue

$285,647,333

Expenses

$290,138,625

Employee compensation

$27,031,766
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Kathleen M Schmidlkofer
President and Chief Executive Officer
$523,407
$487,279 No related comp$36,128
Elizabeth A Malkerson
Executive Vice President
$466,991
$422,914 No related comp$44,077
Kathleen L Pickard
Vice President and Chief Financial Officer
$324,622
$270,978 No related comp$53,644
Robert J Burgett
Senior Vice President
$323,551
$282,329 No related comp$41,222
Sarah Harris
Umfrea Managing Director
$321,868
$278,292 No related comp$43,576
Patricia Porter
Vice President
$318,087
$276,869 No related comp$41,218
James G Aagaard
Vice President
$287,729
$239,704 No related comp$48,025
Sarah E Youngerman
Vice President
$256,299
$210,332 No related comp$45,967
Jane F Godfrey
Associate Vice President
$219,949
$177,366 No related comp$42,583
Steven M Corkery
Assistant Vice President
$215,334
$174,594 No related comp$40,740
Lorie Humphrey
Vice President
$215,248
$194,269 No related comp$20,979
Jan L Sickbert
Associate Vice President
$210,473
$168,045 No related comp$42,428

Benchmark Employee Compensation

Non-Employee Board Members

Archie J Givens Jr
Trustee
Blythe A Brenden
Trustee
Bradford W Wallin
Trustee
Brian D Wenger, Jd
Trustee
Christopher J Policinski
Vice Chair
David J McMillan
Trustee (End 11/16)
David J Meyer
Trustee
Deborah L Hopp
Trustee
Eric W Kaler, Ph.D.
Trustee
Erik M Torgerson
Trustee
Erwin A Kelen
Trustee
Ezell Jones
Trustee

Contractors

Parametric Portfolio Associates
Investment Manager Fees
$810,027
RiverNorth Capital Management
Investment Manager Fees
$602,718
Grenzebach Glier Association
Consulting
$430,525
Amcon Construction
Office Remodel
$390,418
Lipman Hearne Inc
Consulting
$283,011

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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University of Minnesota Foundation Investment Advisors
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