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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 2024. Filed on March 12, 2025.

200 Oak Street SE 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 2024 IRS Form 990 filing, University of Minnesota Foundation, a 501(c)(3) charitable organization, reported compensation for 14 out of 48 total employees. Among the employees shown here, the average compensation is $407,412. The highest compensated employee at University of Minnesota Foundation is Kathleen M Schmidlkofer with fiscal year 2024 compensation of $879,654.

Revenue, expenses, and employee compensation

Revenue

$524,006,934

Expenses

$353,145,790

Employee compensation

$39,445,357
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Kathleen M Schmidlkofer
President and Chief Executive Officer
$879,654
$693,132 No related comp$186,522
Pat Mascia
Umfrea Managing Director
$575,763
$518,923 No related comp$56,840
Patricia K Porter
Vice President
$504,737
$427,492 No related comp$77,245
Robert J Burgett
Senior Vice President
$497,255
$437,790 No related comp$59,465
Christine K Searson
Vice President and Chief Financial Officer
$446,177
$376,543 No related comp$69,634
James G Aagaard
Vice President (Until 1/3/2024)
$376,643
$313,506 No related comp$63,137
Travis Smith
Associate Vice President
$355,909
$300,654 No related comp$55,255
Sarah E Youngerman
Vice President
$334,552
$275,318 No related comp$59,234
Steven M Corkery
Associate Vice President
$330,053
$270,054 No related comp$59,999
Catherine McGlinch
Associate Vice President
$327,346
$265,140 No related comp$62,206
Elizabeth Patty
Associate Vice President
$320,053
$269,214 No related comp$50,839
Kristi Flanagan Villar
Associate Vice President
$315,397
$264,570 No related comp$50,827

Benchmark Employee Compensation

Non-Employee Board Members

Abdul M Omari, Ph.D.
Trustee
Acooa Ellis
Trustee
Beth Kieffer Leonard
Trustee
Bethany M Owen
Trustee
Blythe A Brenden
Trustee
Bradford W Wallin
Trustee
Darrell A Thompson
Trustee
David C Mortenson
Trustee (Unitl 11/15/2023)
David J Meyer
Trustee (Unitl 11/15/2023)
Dorothy J Bridges
Trustee
Douglas A Huebsch
Trustee
Erik M Torgerson
Trustee

Contractors

Japs-Olson Company
Printing and Publications
$542,252
Ten X Ten LLC
Consulting
$412,365
Huron Consulting Services
Development Consulting
$404,753
Marketing Communication Resource Inc.
Printing and Publications
$379,069
Phusion LLC
Printing and Publications
$358,386

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
Minneapolis, Minnesota