Hennepin Healthcare System Inc. is a 501(c)(3) public charity and nationally recognized healthcare organization based in Minneapolis, Minnesota. Established in 2007, the organization operates as a comprehensive healthcare system that includes a level 1 adult and pediatric trauma center, a medical center featuring the largest emergency department in Minnesota, a comprehensive clinic system, an EMS service, and a nurse home visiting program. The system operates a hospital with 894 beds and 65 bassinets (452 available), 10 primary care clinics, and 34 specialty care clinics. Hennepin Healthcare employs approximately 910 providers, 243 residents, and 151 pharmacists across nine pharmacy locations, and serves as a major employer and economic engine in Hennepin County.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$816.7M
+6.8% YoY
Annual Giving
$610K
-65.4% YoY
Grant Count
22
-29.0% YoY
Avg Grant Size
$28K
-51.3% YoY
Mission & Focus Areas
Hennepin Healthcare System's mission is: "We partner with our community, our patients, and their families to ensure access to outstanding care for everyone, while improving health and wellness through teaching, patient and community education and research."
The organization strives to:
- Provide the best possible care to every patient
- Search for new ways to improve the care that will be provided tomorrow
- Educate health care providers for the future
- Ensure access to health care for all
Primary funding focus areas include Education, Philanthropy, Voluntarism & Grantmaking, and Human Services.
Grantmaking
Hennepin Healthcare System provides grants with typical award ranges of $5,029–$392,112. Total giving in the most recent fiscal year (2024) was $4,893,932.
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Geographic Focus
Where this funder awards grants
Grantmaking priorities focus primarily on Minnesota and North Dakota.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $816,695,986
- Total Giving: $4,893,932
- Annual Revenue: $1.71 billion
- Annual Expenses: $1.72 billion
- Total Liabilities: $818 million
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $816,695,986 | $764,932,865 | $808,614,378 |
| Revenue | $1,709,796,054 | $1,554,670,883 | $1,429,182,475 |
| Expenses | $1,719,315,271 | $1,609,599,129 | $1,457,616,429 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $97,172 | $2,027,670 | $1,158,438 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
136 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Jennifer DeCubellis - Principal Officer
- Theresa Pesch - President, Hennepin Healthcare Foundation
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JENNIFER DECUBELLIS MA | CHIEF EXECUTIVE OFFICER | 40 | $927,516 |
| THOMAS WYATT MD | DIRECTOR/PHYSICIAN (UNTIL 4/24) | 40 | $560,366 |
| ARTI PRASAD MD | DIRECTOR/PHYSICIAN | 40 | $534,273 |
| TOM KLEMOND MD DIRECTORVP | MEDICAL AFFAIRS (EFF. 6/24) | 40 | $280,710 |
| IRENE FERNANDO | DIRECTOR | 2 | — |
| MARION GREENE | DIRECTOR | 2 | — |
| BABETTE APLAND | DIRECTOR (UNTIL 9/24) | 2 | — |
| MOHAMED OMAR MBA MS | DIRECTOR | 2 | — |
| KATHY TUNHEIM | BOARD CHAIR (UNTIL 10/24) | 2 | — |
| JENNELL BILEK | DIRECTOR | 2 | — |
| BROCK NELSON | DIRECTOR (UNTIL 12/24) | 2 | — |
| CRAIG WARREN | DIRECTOR | 2 | — |
| MITCHELL DAVIS | DIRECTOR | 2 | — |
| CONNIE DELANEY | DIRECTOR | 2 | — |
| KYLE MAKARIOS | DIRECTOR | 2 | — |
| LISA ANDERSON CPA INACTIVE | CHIEF FINANCIAL OFFICER | 40 | $477,460 |
| ANDREW SCHMIDT MD | CMO (INTERIM) (UNTIL 5/24) | 40 | $608,539 |
| MEGHAN WALSH MD | CHIEF ACADEMIC AND RESEARCH OFFICER | 40 | $475,382 |
| WENDY STULAC-MOTZEL | CHIEF OPERATING OFFICER | 40 | $463,458 |
| KAREN STRAUMAN | CHIEF NURSING OFFICER | 40 | $403,093 |
| NATHANIEL SCOTT MD | CHIEF CLINICAL OFFICER | 40 | $394,455 |
| THERESA PESCH RN | VP PHILANTHROPY HHF PRESIDENT | 2 | $431,214 |
| NNEKA SEDERSTROM PHD MPH MA FCC | CHIEF HEALTH EQUITY OFFICER | 40 | $357,307 |
| ERIC LING MD | CHIEF MEDICAL OFFICER (EFF. 5/24) | 40 | $316,146 |
| ABDIRAHMAN ABDI | CAO (EFF. 6/24) | 40 | $216,883 |
| THOMAS BERGMAN MD | PHYSICIAN DIVISION CHAIR | 40 | $1,161,851 |
| WALTER GALICICH MD | PHYSICIAN-MANAGING | 40 | $1,049,370 |
| XIAO WANG MD | PHYSICIAN-RADIOLOGY DIAGNOSTIC | 40 | $859,776 |
| ASAD IRFANULLAH MD | PHYSICIAN-RADIOLOGY IR | 40 | $845,183 |
| PRATEEK SAHGAL MD | PHYSICIAN-MNG-RADIOLOGY | 40 | $844,942 |
Recent News & Activity
Recent developments and announcements
Hennepin Healthcare Research Institute announced grant awards in Q2 and Q3 of 2025. The organization was recognized as one of AARP's 2021 Quality Measure Innovation Grant Award Winners. In 2024, Hennepin Health introduced reinvestment initiatives focused on community health priorities.
Grant Awards - Awards, 2025, Q3 - Hennepin Healthcare Research InstituteSubject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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—
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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