Skip to main content
Filing year 2023

UNIVERSITY OF MINNESOTA FOUNDATION INVESTMENT ADVISORS

Minneapolis, Minnesota·EIN 41-1931343·NTEE B114 · Education·501(c)(3)
Total revenue
$5.9M
Total assets
$3.4M
Total expenses
$5.9M
Reported officers
19
Mission

TO PROVIDE THE HIGHEST LEVEL OF STEWARDSHIP FOR UNIVERSITY DONORS THROUGH PROFESSIONAL MANAGEMENT AND OVERSIGHT OF THE UNIVERSITY OF MINNESOTA FOUNDATION'S ASSETS BY CREATING A FOCUSED INVESTMENT ENVIRONMENT WITH CLARITY OF PURPOSE, APPROPRIATE FLEXIBILITY, AND FREEDOM TO FOCUS ON INVESTMENT-RELATED ISSUES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Minnesota.

Chief Investment Officer Emeritus
Highest Compensated Employee
Above 90th percentile
$1.2M
$1.3M
Base
$374k
Bonus
$291k
Other
$490k
Benefits
$2k
Chief Investment Officer and President
Above 90th percentile
$971k
$1.1M
Base
$500k
Bonus
$432k
Other
$60
Benefits
Investment Director
Highest Compensated Employee
Above 90th percentile
$648k
$708k
Base
$352k
Bonus
$249k
Other
$60
Benefits
$8k
Investment Director
Highest Compensated Employee
Above 90th percentile
$643k
$703k
Base
$351k
Bonus
$249k
Other
$90
Benefits
$4k
Chief Operating Officer
Above 90th percentilevs Education peers nationwide
$332k
$362k
Base
$247k
Bonus
$42k
Other
$60
Benefits
$8k
Controller
Above 90th percentilevs Education peers nationwide
$284k
$310k
Base
$181k
Bonus
$65k
Other
$258
Benefits
$8k
Director
Board Member
Above 90th percentile
$187k
$204k
Investment Analyst
Highest Compensated Employee
Median to 75th percentile
$183k
$200k
Base
$116k
Bonus
$40k
Other
$48
Benefits
$8k
Secretary/treasurer
25th percentile to median
$70k
$76k

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 10 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at UNIVERSITY OF MINNESOTA FOUNDATION INVESTMENT ADVISORS equaled 20% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
20%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 27%
from 2022

From $1.6M in 2022 to $1.2M in 2023.

$1.6M
2022
$1.2M
2023
In today's dollarsEst.
Down 29% in real terms$1.8M to $1.3M

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

Highest Compensated Employee pay rose 113% from 2022 to 2023, while revenue rose 5%.

$561k in 2022 to $1.2M in 2023.
  • Chief Executive Officer pay fell 41% from 2022 to 2023.
  • Controller pay rose 5% 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.

Among peers

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

FAQ

Common questions about UNIVERSITY OF MINNESOTA FOUNDATION INVESTMENT ADVISORS

What does the Highest Compensated Employee of UNIVERSITY OF MINNESOTA FOUNDATION INVESTMENT ADVISORS earn?

In 2023, the Highest Compensated Employee of UNIVERSITY OF MINNESOTA FOUNDATION INVESTMENT ADVISORS received $1,196,782 in total compensation. This pay is in the top 10% for Highest Compensated Employee roles among Education organizations in Minnesota: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at UNIVERSITY OF MINNESOTA FOUNDATION INVESTMENT ADVISORS compare with similar nonprofits?

Compared with the same role at Education organizations in Minnesota, the 2023 pay of the Highest Compensated Employee at UNIVERSITY OF MINNESOTA FOUNDATION INVESTMENT ADVISORS falls in the top 10%. In 2023, the highest total compensation at UNIVERSITY OF MINNESOTA FOUNDATION INVESTMENT ADVISORS equaled 20% of the organization's total expenses. The median for education organizations is 7%.

What are UNIVERSITY OF MINNESOTA FOUNDATION INVESTMENT ADVISORS's revenue and expenses?

In 2023, UNIVERSITY OF MINNESOTA FOUNDATION INVESTMENT ADVISORS reported $5.9M in total revenue and $5.9M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.