MAYO FOUNDATION FOR MEDICAL EDUCATION AND RESEARCH

MAYO FOUNDATION FOR MEDICAL EDUCATION AND RESEARCH

ROCHESTER, MN, US
501(c)(3)
EIN
41-1506440
Subordinate Organization

MAYO FOUNDATION FOR MEDICAL EDUCATION AND RESEARCH

ROCHESTER, MN, US
501(c)(3)
EIN
41-1506440
Subordinate Organization

Overview

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Est.

1915

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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The Mayo Foundation for Medical Education and Research (EIN: 41-1506440) is dedicated to advancing medical education and community health care in support of the charitable purposes of the Mayo Clinic. With an operating budget of $1.1 billion and total revenue of $1.2 billion for the filing year 2014, the organization is significantly funded by multiple sources, none of which account for 50% or more of its revenue. For more information, visit their website at www.mayo.edu.

Mission Statement

TO ASSIST IN CARRYING OUT THE CHARITABLE PURPOSES OF MAYO CLINIC
Revenues

$1.2B

Expenses

$1.1B

Net Income:
+$37M
Assets

$1.8B

Liabilities

$1.6B

Net Assets:
+$181.7M
Operating Budget

$1.1B

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

8

Median grant size
$66.8K
Largest grant received
$65.1M
A
Adkins Jr Kedrick D
Board Member
O
Oviatt Jonathan J
Board Member
S
Sandeen Darrell L
Board Member

Frequently Asked Questions

What is MAYO FOUNDATION FOR MEDICAL EDUCATION AND RESEARCH’s budget?
In 2014, MAYO FOUNDATION FOR MEDICAL EDUCATION AND RESEARCH reported an annual operating budget of around $1.1 billion. More detailed financial information is available to registered users.
What causes does MAYO FOUNDATION FOR MEDICAL EDUCATION AND RESEARCH support?
MAYO FOUNDATION FOR MEDICAL EDUCATION AND RESEARCH supports work in Education, Medical education, and Community health care.
Where does MAYO FOUNDATION FOR MEDICAL EDUCATION AND RESEARCH operate?
MAYO FOUNDATION FOR MEDICAL EDUCATION AND RESEARCH is headquartered in ROCHESTER, MN.
Who funded MAYO FOUNDATION FOR MEDICAL EDUCATION AND RESEARCH recently?
In 2024, MAYO FOUNDATION FOR MEDICAL EDUCATION AND RESEARCH received grants from MAYO CLINIC, DONOR ADVISED CHARITABLE GIVING INC, and THE BESSEMER GIVING FUND C/O BESSEMER TRUST COMPANY TRUSTEE. More information on this organization’s funders is available to registered users.
What is the largest grant MAYO FOUNDATION FOR MEDICAL EDUCATION AND RESEARCH received in 2024?
The largest grant to MAYO FOUNDATION FOR MEDICAL EDUCATION AND RESEARCH in 2024 exceeds $65.1 million.
Overview
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