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

Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2014 (Year End)

$1,819,022,279

Other Assets
45%
Cash & Equivalents
27%
Receivables (Non-Related)
14%
Property, Plant, & Equipment (net)
8%
Investments
3%
Inventories
2%
Prepaid Expenses
2%
Related-Party Receivables
0%
Liabilities in 2014 (Year End)

$1,637,312,039

Payables & Accruals
50%
Other Liabilities
49%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2013
2014
Change
Cash & Equivalents
$496,691,382
$486,854,821
-2%
Receivables (Non-Related)
$247,946,962
$252,104,617
+2%
Related-Party Receivables
-
-
-
Inventories
$31,279,862
$41,009,985
+31%
Prepaid Expenses
$32,528,804
$36,307,845
+12%
Investments
$48,677,281
$52,969,717
+9%
Property, Plant, & Equipment (net)
$122,353,469
$139,274,494
+14%
Other Assets
$826,113,744
$810,500,800
-2%
Total Assets
$1,805,591,504
$1,819,022,279
+1%
Liabilities
2013
2014
Change
Payables & Accruals
$806,174,783
$814,536,860
+1%
Grants Payable
-
-
-
Deferred Revenue
$24,437,803
$12,321,444
-50%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$828,189,962
$810,453,735
-2%
Total Liabilities
$1,658,802,548
$1,637,312,039
-1%
Net assets
2013
2014
Change
Restricted Net Assets
$7,248,039
$7,339,611
+1%
Unrestricted Net Assets
$139,540,917
$174,370,629
+25%
Net assets
2013
2014
Change
Net assets
+$146,788,956
+$181,710,240
+24%
Balance Sheet
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