Fairview Foundation

Tax-deductible

Minneapolis, MN501(c)(3)HospitalsEIN 41-1573810Revenue $1.1M in FY2024

On file with the IRSfairview.org/giving2450 Riverside Ave, 55454-1450 · Minneapolis, MNTax-exempt since May 2023Supporting org, Type I — 509(a)(3)

Tell your story. Claim this org

The Fairview Foundation's exempt purpose is to promote philanthropy within Fairview, raise funds, build relationships, provide grants to programs and services that enhance the care of patients, improve the physical, emotional and spiritual health of the communities we serve and support the mission of Fairview Health Services, a charitable organization exempt from income tax under Section 501(c)(3) of the Internal Revenue Code.

501(c)(3) charity; gifts are tax-deductible.
98¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $3.7M a year · 173% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
98%
of spending
Looks good: 98% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
8 mo
of spending, in cash
Looks good: 8.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $100K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.9M
13% of total assets
Looks good: liabilities are 13% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 6 voting members
Looks good: 4 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.1M
+51% vs prior year
Spent
$3.6M
To programs
98%
Net assets
$12.7M
By yearFY2020–FY2024
Revenue
$1.1M
FY2024▲ +51%
Tap a bar for its year
Revenue by fiscal year
FY2020$6.0M
FY2021$804K
FY2022$2.0M
FY2023$738K
FY2024$1.1M
Expenses
$3.6M
FY2024▲ +7%
Tap a bar for its year
Expenses by fiscal year
FY2020$8.4M
FY2021$8.7M
FY2022$4.9M
FY2023$3.4M
FY2024$3.6M
Net assets
$12.7M
FY2024▼ -16%
Tap a bar for its year
Net assets by fiscal year
FY2020$28.5M
FY2021$20.3M
FY2022$17.2M
FY2023$15.1M
FY2024$12.7M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2023.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

98 cents of each dollar spent went to programs.

Program services 98% · $3.6M Management & general 1% · $27K Fundraising 1% · $33K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to fix it

Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation
Secretary
$0Pt VII · Sec A
Pres & Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
SR Dir Community Impact
$0Pt VII · Sec A
See Fairview Foundation executive salaries →

On this list? Claim this org

Something off? Claim to fix it

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Promotes philanthropy and grants funds to improve community health and patient care.

Questions for Fairview Foundation

Tap to ask. Fairview Foundation sees how many people are interested.

Your first name shows with your question. Fairview Foundation answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $3.6M · in their own filed words · FY2024
01

Fairview Foundation's program accomplishments included providing support for capital improvements to better serve community needs, financial assistance for patients in crisis, mental health and addiction services, community health outreach and a wide range of programs including spiritual care, non-reimbursable hospice services, and food…

$3.6Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$100K
Grants paid · 26 grants · $27.9M · 2020–2024
Fairview Health ServicesMN · FY2024$2,794,094
Unitemized GrantFY2024$100,368
Unitemized GrantFY2024$99,183
Unitemized GrantFY2024$97,656
Fairview Health ServicesMN · FY2023$2,770,828
Unitemized GrantFY2023$384,011
Unitemized GrantFY2023$31,383
Fairview Bethesda HospitalMN · FY2023$7,166
Fairview Health ServicesMN · FY2022$4,451,029
Unitemized GrantFY2022$178,563
Unitemized GrantFY2022$79,333
Unitemized GrantFY2022$7,150
See all 26 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Investment incomeLn 3$750K
Gifts and grantsLn 1h$363K
Money outPt IX
$3.6M
Ln 25
Programscol B$3.6M
Managementcol C$27K
Fundraisingcol D$33K
Owns and owesPt X
$12.7M
net assets · Ln 32
Cash and savingsLn 1–2$2.4M
Total assetsLn 16$14.6M
LiabilitiesLn 26$1.9M
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$363K
Investment incomeLn 3$750K
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$2.4M
Cash and savings togetherLn 1–2$2.4M
InvestmentsLn 11–13$11.9M
Land, buildings, equipmentLn 10c$516
Other assetsLn 15$11K
Total assetsLn 16$14.6M
LiabilitiesLn 26$1.9M
Net assetsLn 32$12.7M
OperationsPt I, VI
EmployeesI 51
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$3.9M$2.4M
InvestmentsLn 11–13$11.2M$11.9M
Land, buildings, equipmentLn 10c$1K$516
Total assetsLn 16$15.4M$14.6M
LiabilitiesLn 26$275K$1.9M
Net assetsLn 32$15.1M$12.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$3.3M$3.3M
Grants to domestic individualsLn 2$297K$297K
Professional fundraising feesLn 11e$33K$33K
Other fees for servicesLn 11g$337$0$337$0
Office expensesLn 13$4K$4K
Depreciation, depletion and amortizationLn 22$516$516
InsuranceLn 23$22K$22K
All other expensesLn 24e$0$0$0$0
Total functional expensesLn 25$3.6M$3.6M$27K$33K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $1.1M$3.6M−$2.5M$12.7M 990 PDF
FY2023 $738K$3.4M−$2.6M$15.1M 990 PDF
FY2022 $2.0M$4.9M−$2.9M$17.2M 990 PDF
FY2021 $804K$8.7M−$7.9M$20.3M 990 PDF
FY2020 $6.0M$8.4M−$2.5M$28.5M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $1,113,450 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $383,657$363,492
I-9 Program service revenue$0
I-10 Investment incomePrior year $354,466$749,958
I-11 Other revenue$0
I-12 Total revenuePrior year $738,123$1,113,450
I-13 Grants and similar amounts paidPrior year $3,286,261$3,551,197
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$33,426
I-17 Other expensesPrior year $82,677$26,784
I-18 Total expensesPrior year $3,368,938$3,611,407
I-19 Revenue less expensesPrior year −$2,630,815−$2,497,957
Part VI · Governance 4 of 6 board members independent, no flags
VI-1a Voting members of the governing body6
VI-1b Independent voting members4
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,113,450 across 6 lines filed
VIII-1d Related organizations$60,209
VIII-1f All other contributions, gifts and grants$303,283
VIII-1h Total contributions, gifts and grants$363,492
VIII-3 Investment incomeExcluded from tax $749,958$749,958
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $749,958$1,113,450
Part IX · Statement of functional expenses $3,611,407 across 8 lines filed
IX-1 Grants to domestic organizationsPrograms $3,253,990$3,253,990
IX-2 Grants to domestic individualsPrograms $297,207$297,207
IX-11e Professional fundraising feesFundraising $33,426$33,426
IX-11g Other fees for servicesPrograms $0 · Management $337 · Fundraising $0$337
IX-13 Office expensesManagement $3,693$3,693
IX-22 Depreciation, depletion and amortizationManagement $516$516
IX-23 InsuranceManagement $22,238$22,238
IX-24e All other expensesPrograms $0 · Management $0 · Fundraising $0$0
IX-25 Total functional expensesPrograms $3,551,197 · Management $26,784 · Fundraising $33,426$3,611,407
Part X · Balance sheet $14,620,172 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $3,914,287$2,445,902
X-3 Pledges and grants receivableStart of year $269,762$269,762
X-10c Land, buildings and equipment, netStart of year $1,031$516
X-11 Publicly traded securitiesStart of year $11,169,952$11,893,313
X-15 Other assetsStart of year $10,679$10,679
X-16 Total assetsStart of year $15,365,711$14,620,172
X-17 Accounts payable and accrued expensesStart of year $223,135$1,845,452
X-25 Other liabilitiesStart of year $52,357$48,675
X-26 Total liabilitiesStart of year $275,492$1,894,127
X-27 Net assets without donor restrictionsStart of year $5,979,357$6,224,992
X-28 Net assets with donor restrictionsStart of year $9,110,862$6,501,053
X-32 Total net assets or fund balancesStart of year $15,090,219$12,726,045
X-33 Total liabilities and net assetsStart of year $15,365,711$14,620,172
Part XI · Reconciliation of net assets $12,726,045 net assets at year end
XI-1 Total revenue$1,113,450
XI-2 Total expenses$3,611,407
XI-3 Revenue less expenses−$2,497,957
XI-4 Net assets at start of year$15,090,219
XI-5 Net unrealized gains (losses) on investments$133,783
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$12,726,045

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.