A NON-PROFIT ORGANIZATION WITH THE SOLE PURPOSE OF SUPPORTING THE UNIVERSITY OF MINNESOTA WITH A MISSION TO CONNECT PASSION WITH POSSIBILITY, INSPIRE GENEROSITY, AND SUPPORT GREATNESS AT THE UNIVERSITY OF MINNESOTA.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 14 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations nationwide.
- Base
- $504k
- Bonus
- $188k
- Other
- $1k
- Benefits
- $14k
- Base
- $417k
- Bonus
- $102k
- Other
- —
- Benefits
- $39k
- Base
- $359k
- Bonus
- $68k
- Other
- $774
- Benefits
- $34k
- Base
- $369k
- Bonus
- $68k
- Other
- $1k
- Benefits
- $11k
- Base
- $316k
- Bonus
- $60k
- Other
- $774
- Benefits
- $37k
- Base
- $263k
- Bonus
- $49k
- Other
- $2k
- Benefits
- $28k
- Base
- $262k
- Bonus
- $39k
- Other
- $270
- Benefits
- $28k
- Base
- $232k
- Bonus
- $43k
- Other
- $414
- Benefits
- $28k
- Base
- $236k
- Bonus
- $34k
- Other
- $414
- Benefits
- $28k
- Base
- $232k
- Bonus
- $32k
- Other
- $774
- Benefits
- $31k
- Base
- $236k
- Bonus
- $32k
- Other
- $774
- Benefits
- $19k
- Base
- $232k
- Bonus
- $32k
- Other
- $180
- Benefits
- $27k
- Base
- $170k
- Bonus
- $25k
- Other
- $408
- Benefits
- $29k
- Base
- $165k
- Bonus
- —
- Other
- $271
- Benefits
- $15k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President/ceo Above 90th percentilevs Education peers in Minnesota | $504k | $188k | $1k | $14k | $880k $961k |
Umfrea Managing Director Key Employee Above 90th percentile | $417k | $102k | — | $39k | $576k $629k |
Vice President Board Vice President Above 90th percentile | $359k | $68k | $774 | $34k | $505k $552k |
Senior Vice President 75th to 90th percentile | $369k | $68k | $1k | $11k | $497k $543k |
Vice President/cfo Above 90th percentilevs Education peers in Minnesota | $316k | $60k | $774 | $37k | $446k $488k |
Vice President (until 1/3/2024) Board Vice President Above 90th percentile | $263k | $49k | $2k | $28k | $377k $412k |
Associate Vice President Board Vice President Above 90th percentile | $262k | $39k | $270 | $28k | $356k $389k |
Vice President Board Vice President 75th to 90th percentile | $232k | $43k | $414 | $28k | $335k $366k |
Associate Vice President Board Vice President 75th to 90th percentile | $236k | $34k | $414 | $28k | $330k $361k |
Associate Vice President Board Vice President 75th to 90th percentile | $232k | $32k | $774 | $31k | $327k $358k |
Associate Vice President Board Vice President 75th to 90th percentile | $236k | $32k | $774 | $19k | $320k $350k |
Associate Vice President Board Vice President 75th to 90th percentile | $232k | $32k | $180 | $27k | $315k $345k |
Vice President Board Vice President Median to 75th percentile | $170k | $25k | $408 | $29k | $242k $265k |
Vice President Board Vice President Median to 75th percentile | $165k | — | $271 | $15k | $198k $217k |
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 45 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at UNIVERSITY OF MINNESOTA FOUNDATION equaled 0.2% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Up 13%
from 2022
From $777k in 2022 to $880k 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.
Chief Executive Officer pay rose 13% from 2022 to 2023, while revenue rose 22%.
- Key Employee pay held roughly steady from 2022 to 2023.
- Board Vice President pay rose 7% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about UNIVERSITY OF MINNESOTA FOUNDATION
What does the Chief Executive Officer of UNIVERSITY OF MINNESOTA FOUNDATION earn?
In 2023, the Chief Executive Officer of UNIVERSITY OF MINNESOTA FOUNDATION received $879,654 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in Minnesota: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at UNIVERSITY OF MINNESOTA FOUNDATION compare with similar nonprofits?
Compared with the same role at Education organizations in Minnesota, the 2023 pay of the Chief Executive Officer at UNIVERSITY OF MINNESOTA FOUNDATION falls in the top 10%. In 2023, the highest total compensation at UNIVERSITY OF MINNESOTA FOUNDATION equaled 0.2% of the organization's total expenses. The median for education organizations is 7%.
What are UNIVERSITY OF MINNESOTA FOUNDATION's revenue and expenses?
In 2023, UNIVERSITY OF MINNESOTA FOUNDATION reported $524M in total revenue and $353.1M in total expenses on its IRS Form 990.
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