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.

For the year ending 04/2020, Medtronic Communities Foundation generated $82.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (9.5%) each year. All expenses for the organization totaled $33.4m during the year ending 04/2020. As we would expect to see with falling revenues, expenses have declined by (15.7%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Medtronic Communities Foundation has awarded 67 individual grants totaling $26,193,490. 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

2020

Describe the Organization's Program Activity:

Part 3 - Line 4a

NONE


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Public Health Institute
$320,634
Dont Blink
$323,897
Pyxera Global
$805,030
Weber Shandwick
$108,134
Creative Medical Research Ltd
$244,724
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $80,515,815
Interest on Savings $1,816,583
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets -$154,717
Capital Gain Net Income $3,758
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $82,177,681

Grants Awarded

Over the last fiscal year, Medtronic Communities Foundation has awarded $26,193,490 in support to 67 organizations.

Grant RecipientAmount

MEDTRONIC GLOBAL HEALTH FOUNDATION

Org PageRecipient Profile

Minneapolis, MN

PURPOSE: EXPANDING ACCESS TO HEALTHCARE FOR THE UNDERSERVED WORLDWIDE AND SUPPORTING HEALTHY COMMUNITIES WHERE WE LIVE AND GIVE.

$11,073,808

THE BLACKBAUD GIVING FUND

PURPOSE: FY20 MATCHING GRANTS

$6,711,281

THE BAKKEN MUSEUM

PURPOSE: BAKKEN MUSEUM GENERAL OPERATING AND PATHWAY SUSTAINABILITY

$902,500

PUERTO RICO PUBLIC HEALTH TRUST (A PROGRAM OF THE PUERTO RICO SCIENCE TECHN

PURPOSE: BUILDING COMMUNITY HEALTH WORKER CAPACITY IN PUERTO RICO

$900,000

THE BLACKBAUD GIVING FUND

PURPOSE: FY20 VOLUNTEER GRANTS

$617,301

MEALS ON WHEELS AMERICA

Org PageRecipient Profile

Arlington, VA

PURPOSE: COVID-19 RESPONSE

$500,000
View Grant Profile

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