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Filing year 2023

MEDTRONIC COMMUNITIES FOUNDATION

Minneapolis, Minnesota·EIN 41-1306950·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$22.3M
Total assets
$29.8M
Total expenses
$20.4M
Reported officers
11

Executive compensation

Form 990-PF · Part VIII · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide.

President and Vice Chair
Board Chair
Above 90th percentile
$322k
$351k
Assistant Secretary
Board Secretary
Above 90th percentile
$275k
$301k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MEDTRONIC COMMUNITIES FOUNDATION equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
2%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$13.6M

Itemized grants

12

Median grant

$216k

RecipientLocationPurposeAmount
THE BLACKBAUD GIVING FUNDCHARLESTON, SCUS MATCH GIVING$8.2M
THURGOOD MARSHALL COLLEGE FUNDWASHINGTON, DCMILESTONE BASED PAYMENT$1.9M
NORTHSIDE ACHIEVEMENT ZONEMINNEAPOLIS, MNMILESTONE BASED PAYMENT$1.9M
AMERICARES FOUNDATION INCSTAMFORD, CTEMERGENCY AID$650k
EMERGENCY ASSISTANCE FOUNDATION INCJACKSONVILLE, FLEMERGENCY AID$250k
SOCIETY OF HISPANIC PROFESSIONALCITY OF INDUSTRY, CAMILESTONE BASED PAYMENT$232k
CHILDRENS HEARTLINKMINNEAPOLIS, MNMILESTONE BASED PAYMENT$200k
BAKKENMINNEAPOLIS, MNMILESTONE BASED PAYMENT$100k
PROJECT HOPEMILLWOOD, VAMILESTONE BASED PAYMENT$100k
UNIVERSITY OF MINNESOTA FOUNDATIONMINNEAPOLIS, MNMILESTONE BASED PAYMENT$25k
NORTHWESTERN MEMORIAL FOUNDATIONCHICAGO, ILUNRESTRICTED CHARITABLE GRANT$15k
TANZANIA HEALTH PARTNERSHIPMINNEAPOLIS, MNMILESTONE BASED PAYMENT$1k
Compare this foundation's grantees

Down 35%
from 2022

From $493k in 2022 to $322k in 2023.

$493k
2022
$322k
2023
In today's dollarsEst.
Down 36% in real terms$553k to $351k

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Chair pay rose 145% from 2022 to 2023, while revenue rose 1009%.

$131k in 2022 to $322k in 2023.
  • Board Secretary pay rose 17% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about MEDTRONIC COMMUNITIES FOUNDATION

What does the Board Chair of MEDTRONIC COMMUNITIES FOUNDATION earn?

In 2023, the Board Chair of MEDTRONIC COMMUNITIES FOUNDATION received $321,621 in total compensation. This pay is in the top 10% for Board Chair roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Chair pay at MEDTRONIC COMMUNITIES FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2023 pay of the Board Chair at MEDTRONIC COMMUNITIES FOUNDATION falls in the top 10%. In 2023, the highest total compensation at MEDTRONIC COMMUNITIES FOUNDATION equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are MEDTRONIC COMMUNITIES FOUNDATION's revenue and expenses?

In 2023, MEDTRONIC COMMUNITIES FOUNDATION reported $22.3M in total revenue and $20.4M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.