200 Oak Street SE
Suite 300
Minneapolis, MN 55455
Principal Staff:
Becky Malkerson,
President & CEO
Board Chair: John Murphy, Jr.
EIN: 41-6027707
Phone: (612)625-1440
Toll-free: (800)922-1663
Fax: (612)625-5673
Main E-mail: mmf@umn.edu
Website: www.mmf.umn.edu
IRS Code: 501(c)(3)
Other Names Used: MMF
Giving Guide Categories
MISSION
To improve the quality of life for the people of Minnesota, the nation, and the world by supporting the advancement of health-related education, research, and service at the University of Minnesota.
990 SNAPSHOT (2005-2007)
Programs and Expenses (2007)Medical Research and Education: $44,753,123.00Media & Communications: $401,362.00Alumni: $778,770.00 | | | | 3-Year Average Charity Expenses | % of total expenses | | Program Services: | $37,426,797 | 80.6%
| | Management: | $3,331,311 | 7.2%
| | Fundraising: | $5,664,334 | 12.2%
|
| | Accountability Review Results:
Date of final report:
10/01/2006
Updated: 12/11/2007 PUBLIC DISCLOSURE
GOVERNANCE
FINANCIAL ACTIVITY
FUNDRAISING
| |
CHARITY RESPONSE TO REVIEW:
Founded in 1939, the Minnesota Medical Foundation (MMF) is the oldest of four foundations recognized by the University of Minnesota’s Board of Regents. It is an independent tax-exempt charitable organization under section 501(c)(3) of the IRS Code that is governed by its own board of trustees.
Over the last five years (fiscal years 2003 through 2007), MMF has raised $287.3 million—or an average of $57.5 million annually—in support of the University of Minnesota Medical School, School of Public Health, Cancer Center, and related units in the University’s Academic Health Center. In doing so, it manages more than 2,500 funds that support academic programs, research, faculty positions, student scholarships, facilities and equipment purchases, and more. Contributions come from a number of generous benefactors—an average of more than 22,000 donors a year during FY 2003–2007—including members of the community, alumni, corporations, foundations, and community organizations. |
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