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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 2020. Filed on March 16, 2021.

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 2020 IRS Form 990 filing, University of Minnesota Foundation, a 501(c)(3) charitable organization, reported compensation for 12 out of 56 total employees. Among the employees shown here, the average compensation is $339,553. The highest compensated employee at University of Minnesota Foundation is Kathleen M Schmidlkofer with fiscal year 2020 compensation of $664,899.

Revenue, expenses, and employee compensation

Revenue

$247,493,306

Expenses

$258,577,397

Employee compensation

$31,677,837
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Kathleen M Schmidlkofer
President and Chief Executive Officer
$664,899
$576,975 No related comp$87,924
Robert J Burgett
Senior Vice President
$439,433
$388,230 No related comp$51,203
Kathleen L Pickard
Vice President and Chief Financial Officer
$394,671
$333,746 No related comp$60,925
Sarah Harris End Oct 2019
Umfrea Managing Director
$374,200
$327,904 No related comp$46,296
James G Aagaard
Vice President
$331,204
$278,164 No related comp$53,040
Patricia K Porter
Vice President
$322,382
$312,044 No related comp$10,338
Sarah E Youngerman
Vice President
$283,022
$234,503 No related comp$48,519
Steven M Corkery
Assistant Vice President
$260,202
$212,639 No related comp$47,563
Jan L Sickbert
Associate Vice President
$256,661
$208,710 No related comp$47,951
Lynn Slifer
Associate Vice President
$251,733
$205,467 No related comp$46,266
Elizabeth Patty
Associate Vice President
$248,334
$208,688 No related comp$39,646
Jane F Godfrey
Associate Vice President
$247,898
$202,121 No related comp$45,777

Benchmark Employee Compensation

Non-Employee Board Members

Abdul M Omari, Ph.D.
Trustee
Archie J Givens Jr
Trustee
Beth Kieffer Leonard
Trustee
Blythe A Brenden
Trustee
Bradford W Wallin
Trustee
David C Mortenson
Trustee
David J McMillan
Trustee
David J Meyer
Trustee
Deborah L Hopp
Trustee
Dorothy J Bridges
Trustee
Erik M Torgerson
Trustee
Erwin A Kelen
Trustee

Contractors

Lathrop Gpm
Legal
$777,351
Architect Mechanical Inc
Contractor
$464,878
US Bank
Bank and Trust Fees
$415,145
Aldes Inc
Janitorial and Painting
$375,371
DiffStrat Companies Inc
Employee Workshops and Seminars
$288,340

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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