Medtronic Communities Foundation
Medtronic Communities Foundation is a private 501(c)(3) foundation based in Minneapolis, Minnesota. Established in 1977, the foundation is supported by Medtronic Inc. and operates as a corporate foundation dedicated to community impact and philanthropic initiatives.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$13.6M
-45.2% YoY
Grant Count
12
-77.8% YoY
Avg Grant Size
$1.1M
+146.7% YoY
Mission & Focus Areas
The foundation's grantmaking focuses on:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
The foundation is committed to creating lasting change in communities worldwide, with particular emphasis on nurturing strong communities where Medtronic operates.
Grantmaking
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking is concentrated in:
- Minnesota
- Virginia
- South Carolina
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year 2024:
- Total Assets: $29,790,153
- Total Revenue: $22,286,807
- Total Expenses: $20,387,372
- Total Liabilities: $4,510,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| 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
201 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
The foundation employs 8 staff members.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TOROD NEPTUNE | CHAIR | 0.2 | — |
| SALLY SABA | PRESIDENT AND VICE CHAIR | 16 | $321,621 |
| KACIE DEWOLF | TREASURER | 5 | — |
| COURTNEY NELSON WILLS | SECRETARY | 0.2 | — |
| MARTHA HA | FORMER SECRETARY | 0.2 | — |
| NICK BENJAMIN | ASSISTANT SECRETARY | 2 | — |
| LIZ LUND | ASSISTANT SECRETARY | 39.6 | $275,391 |
| IRA BINDRA | MEMBER OF BOARD OF DIRECTORS | 16 | — |
| KAREN PARKHILL | MEMBER OF BOARD OF DIRECTORS | 0.2 | — |
| IVAN FONG | MEMBER OF BOARD OF DIRECTORS | 0.2 | — |
| GEOFF MARTHA | MEMBER OF BOARD OF DIRECTORS | 0.2 | — |
Recent News & Activity
Recent developments and announcements
Medtronic Spark represents a major global initiative—a 10-year commitment to propel 1 million students from low-income households into healthcare technology careers. The program addresses the growing health tech talent gap through three components: Medtronic Spark Innovator Labs, Medtronic Spark Credentials, and the Medtronic Spark Scholarship.
Medtronic Communities Foundation - GrantThe foundation also supports employee engagement through volunteer and donation matching programs designed to maximize community impact.
Related Funders
Similar funders by location and focus area
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Grants
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Total Given
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Total Given
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Assets
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Clearway Minnesota (sm)
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Assets
—
Grants
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Total Given
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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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