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 · Schedule J · 9 reported individuals · Filing year 2023
- Base
- $374k
- Bonus
- $291k
- Other
- $490k
- Benefits
- $2k
- Base
- $500k
- Bonus
- $432k
- Other
- $60
- Benefits
- —
- Base
- $352k
- Bonus
- $249k
- Other
- $60
- Benefits
- $8k
- Base
- $351k
- Bonus
- $249k
- Other
- $90
- Benefits
- $4k
- Base
- $247k
- Bonus
- $42k
- Other
- $60
- Benefits
- $8k
- Base
- $181k
- Bonus
- $65k
- Other
- $258
- Benefits
- $8k
- Base
- $116k
- Bonus
- $40k
- Other
- $48
- Benefits
- $8k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Chief Investment Officer Emeritus highest compensated employee | $374k | $291k | $490k | $2k | $1.2M $1.3M |
Chief Investment Officer and President | $500k | $432k | $60 | — | $971k $1.1M |
Investment Director highest compensated employee | $352k | $249k | $60 | $8k | $648k $708k |
Investment Director highest compensated employee | $351k | $249k | $90 | $4k | $643k $703k |
Chief Operating Officer | $247k | $42k | $60 | $8k | $332k $362k |
Controller highest compensated employee | $181k | $65k | $258 | $8k | $284k $310k |
Director board member | — | — | — | — | $187k $204k |
Investment Analyst highest compensated employee | $116k | $40k | $48 | $8k | $183k $200k |
Secretary/treasurer | — | — | — | — | $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.
Down 27%
from 2022
From $1.6M in 2022 to $1.2M in 2023.
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.
Revenue and expenses over time
UNIVERSITY OF MINNESOTA FOUNDATION INVESTMENT ADVISORS reported revenue and expenses across 2 filing years.
What Education executives earn in Minnesota
Comparable education organizations in Minnesota pay their highest-earning executive a median of $90,954.
These are education sector-wide figures, not this organization's reported pay. Based on 268 organizations across 268 filings (2022 – 2023).
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