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MEDTRONIC COMMUNITIES FOUNDATION

MEDTRONIC COMMUNITIES FOUNDATION

MINNEAPOLIS, MN, US
•
501(c)(3)
•
EIN
41-1306950
•
FOUNDATION.MEDTRONIC.COM
•
Open for Solicitation
Private Foundation
Regional Funder
funder logo

MEDTRONIC COMMUNITIES FOUNDATION

MINNEAPOLIS, MN, US
•
501(c)(3)
•
EIN
41-1306950
•
FOUNDATION.MEDTRONIC.COM
•
Open for Solicitation
Private Foundation
Regional Funder
Overview
Programs
990s
Income Statement
Balance Sheet
How to Apply
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Income Statement

Fiscal Year Start:
May 1
Revenues in 2024

$22,286,807

Contributions
94%
Investments
6%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024

$20,387,372

Grants
69%
Fees to Service Providers
20%
Salaries & Benefits
9%
Other
3%
Benefits to Members
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$1,508,081
$20,882,442
+1285%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$1,143,477
$1,404,365
+23%
Other
-$641,156
$0
-100%
Total Revenues
$2,010,402
$22,286,807
+1009%
Expenses
2023
2024
Change
Grants
$20,910,870
$14,087,248
-33%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,552,024
$1,767,064
-31%
Fees to Service Providers
$1,109,837
$4,001,258
+261%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$0
-
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$426,320
$531,802
+25%
Total Expenses
$24,999,051
$20,387,372
-18%
Net income
2023
2024
Change
Net income
-$22,988,649
+$1,899,435
-108%
Income Statement
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