Park Nicollet Foundation

Organization Overview

Park Nicollet Foundation is located in St Louis Park, MN. The organization was established in 1974. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Park Nicollet Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Park Nicollet Foundation generated $8.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $3.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Park Nicollet Foundation has awarded 134 individual grants totaling $31,442,878. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO IMPROVE THE HEALTH AND WELL-BEING OF OUR PATIENTS, FAMILIES AND COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O - EXEMPT PURPOSE AND ACHIEVEMENTS FOR A DESCRIPTION OF PROGRAM SERVICE ACCOMPLISHMENTS


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Board, Officers & Key Employees

Name (title)Compensation
Dean Buresh
Director & Chair
$0
Elizabeth A Warner
Director & Executive Dire
$0
Kim Cassens
Director & Vice Chair
$0
Mark Cheeley
Director & Secretary
$0
Jerry Timian
Director & Treasurer
$0
Tricia L Dege Cfo Jan-Sept
CFO
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$149,733
Related organizations$165,964
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$3,489,640
Noncash contributions included in lines 1a–1f $6,295
Total Revenue from Contributions, Gifts, Grants & Similar$3,805,337
Total Program Service Revenue$0
Investment income $1,521,102
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,837,259
Net Income from Fundraising Events -$40,863
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,122,835

Grants Awarded

Over the last fiscal year, Park Nicollet Foundation has awarded $3,034,614 in support to 7 organizations.

Grant RecipientAmount

PARK NICOLLET METHODIST HOSPITAL

Org PageRecipient Profile

St Louis Park, MN

PURPOSE: TO SUPPORT PROGRAMS AND SERVICES FOR PATIENTS, FAMILIES AND COMMUNITY MEMBERS THROUGH: HOSPICE, GROWING THROUGH GRIEF, NURSE PROGRAM, STRUTHERS PARKINSON'S CENTER, MELROSE CENTER, FRAUENSHUH CANCER CENTER, HOMECARE, HOSPICE, PATIENT AND STAFF EDUCATION AND RESEARCH PROJECTS, HOSPITAL CAFETERIA, FAMILY BIRTH CENTER, INTEGRATIVE THERAPY, PEDIATRIC PROGRAMS AND SPIRITUAL CARE, STROKE INSPIRE.

$2,185,065

PARK NICOLLET CLINIC

Org PageRecipient Profile

St Louis Park, MN

PURPOSE: TO SUPPORT PROGRAMS AND SERVICES FOR PATIENTS, FAMILIES AND COMMUNITY MEMBERS THOUGH: CANCER SUPPORT, MENTAL HEALTH, SCHOOL BASED HEALTH RESOURCE CENTERS, JANE BRATTAIN BREAST CENTER, FAMILY AND PEDIATRIC MEDICINE, WOMENS SERVICES AND CENTER, PATIENT AND STAFF EDUCATION RESEARCH PROJECTS AND PATIENT CARE ELEMENTS IN CLINICS.

$651,817

HEALTHPARTNERS INSTITUTE

Org PageRecipient Profile

Minneapolis, MN

PURPOSE: MYASTHENIA GRAVIS ACUPUNCTURE PILOT

$104,732

CHILDREN'S DENTAL SERVICES

Org PageRecipient Profile

Minneapolis, MN

PURPOSE: FREE DENTAL CARE FOR DISADVANTAGED YOUTH AND PREGNANT WOMEN.

$55,000

PORTICO HEALTHNET

Org PageRecipient Profile

St Paul, MN

PURPOSE: PROVIDING INSURANCE NAVIGATION AND RESOURCES TO ASSIST UNINSURED FAMILIES WITH ACCESS TO HEALTH CARE COVERAGE AND CARE.

$16,000

BROOKLYN CENTER COMMUNITY SCHOOLS

PURPOSE: ADMINISTRATIVE SUPPORT FOR THE BROOKLYN CENTER HEALTH RESOURCE CENTER.

$11,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Park Nicollet Foundation has recieved totaling $55,000.

Awarding OrganizationAmount
Kendrick B Melrose Family Foundation

Plymouth, MN

PURPOSE: MELROSE EAST ST. PAUL LOCATION EXPANSION

$55,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$53,040,037
Earnings$2,129,320
Net Contributions$3,150,963
Grants$1,731,917
Ending Balance$56,588,403

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