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

The Mayo Foundation for Medical Education and Research (EIN: 41-1506440) is dedicated to supporting the charitable purposes of Mayo Clinic, with a focus on medical education, community health care, and education. In 2014, the organization operated with a substantial budget of $1.1 billion and reported total revenues of $1.2 billion, drawing significant funding from multiple sources without reliance on a single funder for over 50% of its revenue. More information can be found on 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

9

Median grant size
$60K
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 2025, MAYO FOUNDATION FOR MEDICAL EDUCATION AND RESEARCH received grants from AMERICAN CANCER SOCIETY INC, MAYO CLINIC, and DONOR ADVISED CHARITABLE GIVING INC. 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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