University of Minnesota Foundation

EIN 416042488 · Donor-advised fund program as reported on Form 990 Schedule D, fiscal year 2023.

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DAF assets
$523K
at fiscal year end
Grants out
$39K
from DAF accounts
Contributions in
$0
received into DAFs
Payout rate
7.4%
median is 12.5%
Accounts
1
funds held at year end
Average account
$523K
assets per fund

At 7.4%, this sponsor paid out below the 12.5% median for sponsors holding more than $10 million.

DAF assets by year

$394K
FY2019
$528K
FY2020
$494K
FY2021
$503K
FY2022
$523K
FY2023

Grants paid by year

$17K
FY2019
$17K
FY2020
$18K
FY2021
$0
FY2022
$39K
FY2023

A missing year means no return for that year has been released yet, not that the organization was inactive. Years marked fall in the 2020–21 pandemic giving surge, when contributions into donor-advised funds rose sharply across the sector; treat them as an unusual period rather than a baseline.

Grant disclosure

Reported $1.15B of grants across just 37 itemized lines — $31.1M per line. Sponsors that itemize fully average well under $200,000 per line, so the underlying grants are effectively not disclosed.

$1.9M of this sponsor’s grants went to other DAF sponsors — 0% of its itemized grantmaking. Money moved between sponsors is reported as a grant, but it has not yet reached a working charity. This total counts only organizations whose donor-advised fund program is their primary activity, so grants to universities and hospitals that happen to run a DAF on the side are excluded.

Largest reported recipients

Organizations receiving the most from this sponsor across 2019–2024, as itemized on Schedule I. Only grants above $5,000 must be listed.

RecipientTotal 2019–2024
Regents Of The University Of MinnesotaEIN 416007513 MN$1.12B
Fairview Health ServicesEIN 410991680 MN$20.1M
Minnesota Landscape Arboretum FoundationEIN 237081057 MN$5.9M
The Minneapolis Foundation runs a DAF programEIN 416029402 MN$1.9M
University Gateway CorporationEIN 411879994 MN$900K
University Of Minnesota Alumni AssociationEIN 416037089 MN$777K
Mayo Clinic Rochester runs a DAF programEIN 416011702 MN$554K
University Of Minnesota PhysiciansEIN 411843943 MN$534K
Georgetown Family Center Bowen Center for the Study of the FamilyEIN 521667358 DC$287K
Childrens Cancer Research FundEIN 411893645 MN$100K
Fairview FoundationEIN 411573810 MN$67K
Greater MSPEIN 274026636 MN$50K
Starkey Hearing FoundationEIN 363297852 MN$25K
Carol E Macpherson Memorial Scholarship FundEIN 510180046 MN$19K
Minneapolis-University Rotary FoundationEIN 411857937 MN$5K

How these figures are calculated: methodology and disclosures. Source: IRS Form 990 e-file XML for fiscal year 2023, via the National Center for Charitable Statistics. Payout rate is DAF grants divided by DAF assets at year end. Recipient totals combine tax years 2019–2024 where filings are available. IRS release and parsing lag means recent years are incomplete for many organizations — NCCS advises treating the most recent year in the panel as partial.