Public Charity

MINNEAPOLIS HEART INSTITUTE FOUNDATION

MINNEAPOLIS HEART INSTITUTE FOUNDATION is a Public Charity headquartered in MINNEAPOLIS, MN. Financial data from the 2024 filing: $23.6M revenue, $19.5M expenses, $74.5M total assets. 118 publicly reported grants to this organization, totaling roughly $17.5M, appear in IRS filings.

EIN: 411426406 MINNEAPOLIS, MN Heart & Circulatory System Diseases & Disorders Research NTEE: H43 Latest filing: 2024
Total Revenue$23.6M
Total Expenses$19.5M
Total Assets$74.5M
Grant Records118
Funding Total$17.5M
Filing Years2019–2024

Mission

THE MISSION OF THE MINNEAPOLIS HEART INSTITUTE FOUNDATION IS TO IMPROVE THE CARDIOVASCULAR HEALTH OF INDIVIDUALS AND COMMUNITIES THROUGH INNOVATIVE RESEARCH AND EDUCATION.

Where $100 goes at Minneapolis Heart Institute Foundation

How Minneapolis Heart Institute Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$68 Programs the work itself
$21 Management running the organization
$11 Fundraising raising the next dollar

Inside the $68 for programs

$64
2024 mhif research accomplishmentsi.Mhif reached an important research milestone with u.S
95% of program spending · Reported in the filing: 350 patients; 2,200 patients; 3,000 visits
$4
2024 mhif education highlightsequal to our commitment to research is our dedication to sharing the learnings from research through education, allowing for local, national and international impact as…
5% of program spending · Reported in the filing: 32 sessions
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Allison O'connor
DIRECTOR Ariel Johnson Phd
PROGRAM DIRECTOR - CCAD Bavana Rangan
DIRECTOR Ben Bache-Wiig Md
DIRECTOR Bobby Steffen Md
DIRECTOR Bree Williamson

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$10,319,689 12 grants
Health & Medicine
$4,098,790 37 grants
General Support
$2,220,240 51 grants
Research & Policy
$297,466 4 grants
Economic Development
$43,200 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $23.6M $19.5M $74.5M
2023 $14.3M $16.6M $66.7M
2022 $23.7M $14.8M $71.1M
2020 $19.2M $12.3M $51.5M
2019 $18.3M $12.1M $41.7M

Between 2019 and 2024, reported annual revenue grew from $18.3M to $23.6M (+29%), with total assets most recently reported at $74.5M.

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

See the full picture for MINNEAPOLIS HEART INSTITUTE FOUNDATION

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