Hennepin Health Foundation

Organization Overview

Hennepin Health Foundation, operating under the name Hennepin Healthcare Foundation, is located in Minneapolis, MN. The organization was established in 2015. 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. Hennepin Healthcare 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, Hennepin Healthcare Foundation generated $10.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $6.9m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Hennepin Healthcare Foundation has awarded 18 individual grants totaling $38,832,061. 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 RAISE AND ADMINISTER PHILANTHROPIC SUPPORT FOR HENNEPIN HEALTHCARE SYSTEMS INC.HENNEPIN HEALTH FOUNDATION (HHF) SUPPORTS THE MISSION OF HENNEPIN HEALTHCARE, MINNESOTA'S LARGEST PUBLIC SAFETY NET AND ACADEMIC MEDICAL CENTER. HENNEPIN HEALTHCARE IS HOME TO THE LARGEST AND BUSIEST TRAUMA CENTER IN THE STATE AND TRAINS THE MAJORITY OF THE PHYSICIANS, NURSES AND CLINICIANS WHO CARE FOR THE CITIZENS OF THIS STATE. HENNEPIN HEALTHCARE'S HOSPITAL AND CLINICS DELIVER MORE THAN 93,000 EMERGENCY AND URGENT CARE VISITS AND APPROXIMATELY 662,000 CLINIC VISITS EACH YEAR. HENNEPIN HEALTH FOUNDATION RAISES AND ADMINISTERS PHILANTHROPIC SUPPORT FOR HENNEPIN HEALTHCARE AND ITS RESEARCH ARM, HENNEPIN HEALTHCARE RESEARCH INSTITUTE (HHRI).

Describe the Organization's Program Activity:

Part 3 - Line 4a

INNOVATIONS IN PATIENT CARE: WITH OVER 4,000 PATIENTS AND THEIR FAMILIES SEEKING CARE EACH DAY, EVERY GIFT CAN EMPOWER AND PROVIDE COMFORT DURING TIMES OF UNCERTAINTY. DONATIONS SUPPORT A VARIETY OF URGENT NEEDS OF OUR PATIENT POPULATION, REMOVE BARRIERS TO HEALTHCARE ACCESS, MAXIMIZE TECHNOLOGY TO ADVANCE HEALTHIER OUTCOMES, AND LAUNCH INNOVATIONS THAT EMPOWER PATIENTS AND THEIR FAMILIES TO TAKE CHARGE OF THEIR HEALTH CARE. THERE IS ENORMOUS POTENTIAL TO IMPROVE THE HEALTH OF OUR COMMUNITY, EVEN TARGETING SPECIFIC POPULATIONS OR DISEASES. HENNEPIN HEALTHCARE HAS MANY EFFORTS UNDERWAY TO EXTEND CARE BEYOND THE WALLS OF OUR CLINICS AND HOSPITAL. THROUGH MVNA AND HOSPICE OF THE TWIN CITIES, HHS EXPANDS THE OPPORTUNITY FOR DONORS TO SUPPORT THE DELIVERY OF HEALTHCARE IN SHELTERS, PRIVATE HOMES, SCHOOLS, BUSINESSES, AND COMMUNITY CENTERS. EXAMPLES INCLUDE: SUPPORT FOR APPOINTMENT TRANSPORTATION, ACCESS TO CLOTHING AND FOOD, ASSISTANCE WITH MEDICAL EQUIPMENT, LODGING FOR OUT-OF-TOWN FAMILIES, AND ENHANCED SERVICES FOR YOUTH, THE LGBTQ COMMUNITIES, MOTHER-BABY, THOSE IN COUNTY JAIL, AND THE HOMELESS.


EDUCATING THE WORKFORCE OF TOMORROW: HENNEPIN HEALTHCARE IS HOME TO OVER 15 RESIDENCY AND FELLOWSHIP TRAINING PROGRAMS AND IS THE PRIMARY TEACHING AFFILIATE OF THE UNIVERSITY OF MINNESOTA AND MORE THAN 60 MINNESOTA SCHOOLS. WE ARE A PLACE OF LEARNING AND INNOVATION FOR THOUSANDS OF HEALTH CARE PROVIDERS EACH YEAR, INCLUDING: FIRSTRESPONDERS, RESIDENT PHYSICIANS, NURSING STUDENTS, AND MEDICAL STUDENTS IN ROTATIONS. DONATIONS HELP ENHANCE TRAINING OPPORTUNITIES AND RESIDENCY PROGRAMS, PURCHASE EQUIPMENT, AND EXPAND TRAUMA PREVENTION OUTREACH, TELEMEDICINE, AND RURAL HEALTH EDUCATION.


TRAUMA AND CRITICAL CARE: HENNEPIN HEALTHCARE IS HOME TO THE LARGEST AND BUSIEST LEVEL 1 TRAUMA CENTER IN THE STATE, INCLUDING A PEDIATRIC LEVEL 1 TRAUMA CENTER. GENEROSITY PROVIDES FUNDING TO THE PATIENT CARE SERVICES RELATED TO HHS'S LEVEL 1 TRAUMA DESIGNATIONS SUCH AS PATIENT COMFORT IN TRAUMATIC BRAIN INJURY, THE BURN UNIT, STROKE CARE, HEART CLINIC, REGIONAL POISON CENTER AND TOXICOLOGY CARE, CARE DURING AND AFTER TRANSPLANT, AND CARE IN DEALING WITH THE EFFECTS OF DOMESTIC VIOLENCE, SEXUAL ASSAULT, CHILD ABUSE AND NEGLECT.


CLINICAL RESEARCH: INSIGHTS PROVIDED BY MEDICAL RESEARCH AT HENNEPIN HEALTHCARE LOOK TO LESSEN THE IMPACT OF TODAY'S HEALTH PROBLEMS. RESEARCH PRIORITIES INCLUDE: ADDICTION, COVID-19, HEALTH SERVICES, INFECTIOUS DISEASE/HIV, AND ACUTE CARE/TRAUMA. FINANCIAL SUPPORT CAN IMPACT THE SUCCESS OF THIS RESEARCH DIRECTED BY THE HENNEPIN HEALTHCARE RESEARCH INSTITUTE.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$237,145
Related organizations$5,756
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$9,517,927
Noncash contributions included in lines 1a–1f $2,972,366
Total Revenue from Contributions, Gifts, Grants & Similar$9,760,828
Total Program Service Revenue$484,170
Investment income $616,371
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $7,040
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $10,869,392

Grants Awarded

Over the last fiscal year, Hennepin Health Foundation has awarded $3,394,782 in support to 4 organizations.

Grant RecipientAmount

HENNEPIN HEALTHCARE SYSTEM INC

Org PageRecipient Profile

Minneapolis, MN

PURPOSE: PROGRAMMATIC ACTIVITIES INCLUDING FUNDING THE DENTAL CLINIC AND THE REDLEAF CENTER FOR FAMILY HEALING

$3,205,012

FIREFIGHTERS FOR HEALING

Org PageRecipient Profile

Champlin, MN

PURPOSE: TO ASSIST IN FUNDING THEIR NEW SITE TO PROVIDE HOUSING FOR FAMILIES OF BURN PATIENTS WHILE THEY ARE UNDERGOING EXTENDED CARE

$100,000

HENNEPIN HEALTHCARE RESEARCH INSTITUTE

Org PageRecipient Profile

Minneapolis, MN

PURPOSE: ESTABLISHED ENDOWMENT AND DONATIONS TOWARDS RESEARCH ACTIVITIES

$68,784

UNIVERSITY OF CALIFORNIA SAN FRANCISCO

Org PageRecipient Profile

San Francisco, CA

PURPOSE: TO SUPPORT UNIVERSITY OF CALIFORNIA SAN FRANCISCO'S HIV CENTER

$20,986
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Hennepin Health Foundation has recieved totaling $32,250.

Awarding OrganizationAmount
Seidl Foundation Inc

Wausau, WI

PURPOSE: ED PEDIATRIC AREA REFRESH FUND, NEXT STEP PROGRAMS, REDLEAF CENTER FOR FAMILY HEALING

$30,000
James F Bell Foundation

Minneapolis, MN

PURPOSE: GENERAL OPERATIONS

$1,500
182210 Pgn Foundation

Las Vegas, NV

PURPOSE: TRAUMA UNIT

$750
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$4,127,972
Earnings$471,050
Net Contributions$43,240
Other Expense$149,054
Ending Balance$4,493,208

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