Public Charity

ABBOTT NORTHWESTERN HOSPITAL FOUNDATION

Based in MINNEAPOLIS, MN, ABBOTT NORTHWESTERN HOSPITAL FOUNDATION operates as a Public Charity. The organization reported $1.4M in revenue, $1.4M in expenses for fiscal year 2022. Imperigo tracks 71 reported grant relationships connected to this organization totaling approximately $8.6M.

EIN: 043643816 MINNEAPOLIS, MN Latest filing: 2022
Total Revenue$1.4M
Total Expenses$1.4M
Grant Records71
Funding Total$8.6M
Filing Years2017–2022

Mission

THE MISSION OF ABBOTT NORTHWESTERN HOSPITAL FOUNDATION IS TO RAISE, STEWARD AND DISBURSE FUNDS FOR THE BENEFIT OF ABBOTT NORTHWESTERN HOSPITAL AND THE COMMUNITIES IT SERVES. THE FOUNDATION IS A SEPARATE NOT-FOR-PROFIT ENTITY DEDICATED TO SUPPORTING THE HOSPITAL AND IS GOVERNED BY A SEPARATE BOARD. ABBOTT NORTHWESTERN HOSPITAL IS THE TWIN CITIES' LARGEST NOT-FOR-PROFIT HOSPITAL. EACH YEAR, THE HOSPITAL PROVIDES COMPREHENSIVE HEALTH CARE FOR MORE THAN 200,000 PATIENTS AND THEIR FAMILIES FROM THE TWIN CITIES AREA AND THROUGHOUT THE UPPER MIDWEST. THE HOSPITAL IS ROUTINELY NAMED IN NATIONAL RANKINGS OF THE NATION'S BEST HOSPITALS, INCLUDING BEING NAMED IN U.S. NEWS AND WORLD REPORT'S "AMERICA'S TOP 50 HOSPITALS" LIST FOR TEN CONSECUTIVE YEARS. ABBOTT NORTHWESTERN HOSPITAL IS A PART OF ALLINA HEALTH SYSTEM, A FAMILY OF HOSPITALS, CLINICS AND CARE SERVICES.

Where $100 goes at Abbott Northwestern Hospital Foundation

How Abbott Northwestern Hospital Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$81 Programs the work itself
$12 Management running the organization
$7 Fundraising raising the next dollar

Inside the $81 for programs

$57
Operations
70% of program spending
$17
Research
21% of program spending
$7
Abbott northwestern's phillips eye institute
9% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2022. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SVP-PRESIDENT ANW Ann Madden Rice
DIRECTOR/VICE CHAIR Barbara Burwell
DIRECTOR Benjamin Jaffray
DIRECTOR Berit Francis
DIRECTOR/TREASURER Conley Brooks
DIRECTOR Dan O'laughlin Md

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$4,389,540 40 grants
Health & Medicine
$2,763,050 16 grants
Research & Policy
$1,075,000 4 grants
Education
$87,882 2 grants
Fundraising & Sponsorship
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2022 $1.4M $1.4M —
2020 $26.7M $7.1M $101.1M
2019 $9.8M $13.9M $83.5M
2018 $11.2M $10.9M $79.5M
2017 $15.0M $13.1M $84.0M

Between 2017 and 2022, reported annual revenue declined from $15.0M to $1.4M (-91%).

Interactive year-over-year charts and full filing details available with membership.

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