Medtronic Communities Foundation

Organization Overview

Medtronic Communities Foundation is located in Minneapolis, MN. The organization was established in 1977. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Medtronic Communities 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 04/2022, Medtronic Communities Foundation generated $230.2k in total revenue. All expenses for the organization totaled $29.4m during the year ending 04/2022.

Since 2020, Medtronic Communities Foundation has awarded 302 individual grants totaling $111,786,275. 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 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

NONE


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Taproot Foundation
$431,000
Blackbaud
$387,977
Three Point Solutions Inc
$220,710
Weber Shandwick
$193,175
Pyxera Globl Inc
$139,934
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $1,675,980
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets -$1,445,741
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $230,239

Grants Awarded

Over the last fiscal year, Medtronic Communities Foundation has awarded $26,970,452 in support to 86 organizations.

Grant RecipientAmount

THE BLACKBAUD GIVING FUND

Org PageRecipient Profile

Charleston, SC

PURPOSE: US MATCH GIVING

$10,432,046

THURGOOD MARSHALL COLLEGE FUND

Org PageRecipient Profile

Washington, DC

PURPOSE: TMCF SCHOLARSHIP PROGRAM

$942,600

PUERTO RICO SCIENCE TECHNOLOGY &

PURPOSE: MILESTONE BASED PAYMENT

$825,000

EMERGENCY ASSISTANCE FOUNDATION INC

PURPOSE: MEAF GRANT AMENDMENT

$750,000

EMERGENCY ASSISTANCE FOUNDATION INC

PURPOSE: DISASTER RESPONSE

$750,000

NORTHSIDE ACHIEVEMENT ZONE

Org PageRecipient Profile

Minneapolis, MN

PURPOSE: MILESTONE BASED PAYMENT

$700,000
View Grant Profile

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