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Medtronic Communities Foundation is a private corporation based in MINNEAPOLIS, MN. The foundation received its IRS ruling in 1977. It holds total assets of $29.8M. Annual income is reported at $22.3M. Total assets have grown from $22.3M in 2011 to $27.4M in 2022. The foundation is governed by 11 officers and trustees. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Minnesota and California. According to available records, Medtronic Communities Foundation has made 149 grants totaling $69.6M, with a median grant of $125K. Annual giving has grown from $23.7M in 2020 to $45.9M in 2022. Individual grants have ranged from N/A to $11.1M, with an average award of $467K. The foundation has supported 69 unique organizations. The foundation primarily supports organizations in South Carolina, Minnesota, Texas, which account for 32% of all grants. Grantmaking reaches organizations across 18 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$125K
Average Grant
$417K
Largest Grant
$10.4M
Based on 55 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Medtronic Communities Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 149 grants. Its grantmaking reaches organizations primarily in SC, MN, TX.
Medtronic Communities Foundation has distributed a total of $69.6M across 149 grants. The median grant size is $125K, with an average of $467K. Individual grants have ranged from N/A to $11.1M.
The application deadline is DEADLINES VARY. MOST PROGRAMS ARE DUE BETWEEN SEPTEMBER 15 - JANUARY 31.. The foundation funds: - in the u.s.: 501(c)(3) organizations (an irs determination letter verifying the status is required) - outside the u.s.: organizations registered as nonprofits, or in some cases, organizations that function as nonprofits, which could include schools and government institutions the foundation does not fund: - continuing medical education (cme) grants - 501(c)(3) type 509(a)(3) supporting organizations - capital or capital projects - general operating support - individuals, including scholarships for individuals - lobbying, political or fraternal activities - long-term counseling or personal development - program endowments - purchase of automatic external defibrillators (aeds) - religious groups for religious purposes - private foundations - research.
Medtronic Communities Foundation is headquartered in MINNEAPOLIS, MN. While based in MN, the foundation distributes grants to organizations across 18 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Paurvi Bhatt | FORMER PRESIDENT | $493K | $21K | $515K |
| Liz Lund | ASSISTANT SECRETARY | $236K | $36K | $272K |
| Sally Saba | PRESIDENT AND VICE CHAIR | $131K | $30K | $161K |
| Ira Bindra | INTERIM PRESIDENT & BOARD DIRECTOR | $68K | $19K | $86K |
| Martha Ha | SECRETARY | $0 | $0 | N/A |
| Torod Neptune | CHAIR | $0 | $0 | N/A |
| Karen Parkhill | MEMBER OF BOARD OF DIRECTORS | $0 | $0 | N/A |
| Ivan Fong | MEMBER OF BOARD OF DIRECTORS | $0 | $0 | N/A |
| Kacie Dewolf | TREASURER | $0 | $0 | N/A |
| Geoff Martha | MEMBER OF BOARD OF DIRECTORS | $0 | $0 | N/A |
| Nick Benjamin | ASSISTANT SECRETARY | $0 | $0 | N/A |
Total Giving
$25M
Total Assets
$27.4M
Fair Market Value
$27.4M
Net Worth
$23.4M
Grants Paid
$20.9M
Contributions
$1.5M
Net Investment Income
$1.1M
Distribution Amount
$2M
Total Grants
149
Total Giving
$69.6M
Average Grant
$467K
Median Grant
$125K
Unique Recipients
69
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Project HopeCOVID-19 RESPONSE | Millwood, VA | $505K | 2022 |
| The Blackbaud Giving FundUS MATCH GIVING | Charleston, SC | $10.4M | 2022 |
| Thurgood Marshall College FundTMCF SCHOLARSHIP PROGRAM | Washington, DC | $943K | 2022 |
| Puerto Rico Science Technology &MILESTONE BASED PAYMENT | San Juan, PR | $825K | 2022 |
| Emergency Assistance Foundation IncDISASTER RESPONSE | Jacksonville, FL | $750K | 2022 |
| Northside Achievement ZoneMILESTONE BASED PAYMENT | Minneapolis, MN | $700K | 2022 |
| Americares Foundation IncCOVID-19 RESPONSE | Stamford, CT | $510K | 2022 |
| Childrens HeartlinkMEDTRONIC FOUNDATION AND CHL PARTNERSHIP (2021-24) | Minneapolis, MN | $500K | 2022 |
| Healthfinders Collaborative IncFEASIBILITY TO SCALE HEALTH MILESTONE PAYMENT | Northfield, MN | $316K | 2022 |
| Northern California CenterMILESTONE BASED PAYMENT | Santa Rosa, CA | $300K | 2022 |
| International Medical CorpsDISASTER RESPONSE | Los Angeles, CA | $300K | 2022 |
| Direct ReliefCOVID-19 RESPONSE | Goleta, CA | $260K | 2022 |
| Society Of Hispanic ProfessionalSTEM | City Of Industry, CA | $232K | 2022 |
| Project Lead The WaySTEM | Indianapolis, IN | $225K | 2022 |
| Spark YouthSTEM | Minneapolis, MN | $175K | 2022 |
| LandpathsSTEM | Santa Rosa, CA | $135K | 2022 |
| Career Technical EducationSTEM | Santa Rosa, CA | $135K | 2022 |