Medtronic Global Health Foundation
Medtronic Global Health Foundation is a private foundation based in Minneapolis, Minnesota. Its website describes global health work that partners with individuals and organizations to improve health outcomes and healthcare delivery in underserved communities through models of innovation, scale, and sustainability.
Medtronic Global Health Foundation at a glance
- Total assets
- $50,867,250
- +14.4% vs 2024
- Revenue (2025)
- $6,430,462
- -55.6% vs 2024
- Qualifying distributions (2025)
- $9,104,692
- -28.4% vs 2024
- Expenses (2025)
- $262,419
- -5.4% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Medtronic Global Health Foundation
- Invitation Only
-
The foundation’s website says it is invitation-only, that unsolicited submissions are not reviewed, and that it reaches out to potential partners when funding is available. The 2023 filing says organizations must apply through the foundation’s online application system. Required materials include an online project-budget form and, for prior recipients, an interim or final report on their most recent grant from the foundation. The filing says U.S. applicants must be 501(c)(3) organizations with an IRS determination letter; applicants outside the U.S. must be registered nonprofits or, in some cases, organizations that function as nonprofits, such as schools and government institutions. The foundation does not fund continuing medical education grants, 501(c)(3) type 509(a)(3) supporting organizations, capital or capital projects, or general operating support.
- Review Cycle
- The 2023 filing says deadlines vary, with most programs due between September 15 and January 31.
- Deadline
- The 2023 filing says deadlines vary, with most programs due between September 15 and January 31.
- Contact
Application contact: Grant Applications Should Be Submit
Mailing address: 710 Medtronic Pkwy, Minneapolis, MN 55432
Phone: (763) 505-2643
Website: https://medtronic.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Medtronic Global Health Foundation funds
How this funder distributes its grants
Grant Size Distribution
31 grants across all recorded years
The most common grant size was under $50K: 8 grants of 31 (26%).
Geographic Focus
Where this funder awards grants
The website describes the foundation’s global health work as serving underserved communities and says its community grantmaking supports communities around the world. It does not specify particular countries or regions for grantmaking.
Grant Distribution by State
States
Cities
How Medtronic Global Health Foundation gives
- Giving fell 99% from 2020 to 2023. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $50K (2023) to $6.8M (2020). In 2023 it made 1 grant totaling $50K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Karnataka Health Promotion Trust | Additional funds are to support khpt's delivery of continuum of care for 1,806 people with diabetes and hypertension, for seven months. This will allow for khpt staff to fully engage in the implementation and evaluation phase while ensuring continuum of ncd care. Khpt is ensuring retention and clinical improvements of 1,806 persons with diabetes and hypertension. | $50,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $50,867,250 | $6,430,462 | $262,419 | — | — | $9,104,692 | $427,221 | $464,154 |
| 2024 | $44,456,098 | $14,495,304 | $277,365 | — | — | $12,711,614 | $495,102 | $499,248 |
| 2023 | $32,179,610 | $319,955 | $204,702 | $50,000 | 1 | $8,105,315 | $312,854 | $630,756 |
| 2022 | $29,870,787 | $23,074,710 | $348,117 | $692,752 | 3 | $7,692,752 | $78,994 | $943,910 |
| 2021 | $7,388,050 | $10,168,956 | $4,891,411 | $4,320,119 | 27 | — | — | — |
| 2020 | $2,495,584 | $11,073,808 | $9,673,809 | $6,834,228 | 21 | — | — | — |
Under IRS private-foundation payout rules, Medtronic Global Health Foundation reported a distributable amount of $464K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation’s website says its chronic-care work aims to empower patients in managing lifelong conditions, improve access to quality healthcare, and connect patients with community and social services. Its acute-care work supports models of care for time-critical events such as heart attack, sudden cardiac arrest, and stroke. It also says it elevates the perspectives of patients and frontline healthcare workers in policy and advocacy discussions.
A statement on the foundation’s 2023 filing describes Medtronic Labs’ work developing community-based, technology-enabled solutions for underserved patients, families, and communities worldwide. The statement says this work connects local services with technology and system-level partnerships to develop sustainable, localized healthcare solutions.
Grantmaking
The 2023 filing reports one grant totaling $50,000. The 2024 and 2025 filings report no grants. The available information does not identify grantees or provide typical grant sizes.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Ruchika Singhal as director and chairman of the board; Victoria Davis as treasurer; Giordana Belenchia as secretary; Courtney Nelson Wills as assistant secretary; and Geoffrey S. Martha, Sheila Quintus, and Torod Neptune as directors.
Medtronic Global Health Foundation is led by Ruchika Singhal, Director & Chairman of the Board since 2024 (on filings since 2022); none of the 7 officers listed in 2025 report compensation.
Officers on the 2025 filing
Ruchika Singhal
Director & Chairman of the Board
President & Vice Chair → Director & Chairman of the Board, 2024
On filings since 2022
15 hrs/week
No compensation reported
Torod Neptune
Director
Board Director → Director, 2024
On filings since 2022
0.2 hrs/week
No compensation reported
Geoffrey S. Martha
Director
On filings since 2024
0.2 hrs/week
No compensation reported
Sheila Quintus
Director
New on the 2025 filing
0.2 hrs/week
No compensation reported
Giordana Belenchia
Secretary
Assistant Secretary → Secretary, 2025
On filings since 2022
0.2 hrs/week
No compensation reported
Victoria Davis
Treasurer
Assistant Treasurer → Treasurer, 2024
On filings since 2023
18 hrs/week
No compensation reported
Courtney Nelson Wills
Assistant Secretary
New on the 2025 filing
2 hrs/week
No compensation reported
Former officers (11)
- Former: Karen L. Parkhill (2020–2024) — Director
- Former: Martha Ha (2020–2024) — Secretary
- Former: Carol Surface (2020–2023) — Chair of Board & Director
- Former: Geoff Martha (2020–2023) — Board Director
- Former: Jason Bristow (2023) — Treasurer
- Former: Brad Lerman (2020–2022) — Board Director
- Former: Hal Beckham (2020–2022) — Treasurer
- Former: Liz Lund (2020–2022) — Assistant Secretary
- Former: Omar Ishrak (2020–2022) — Board Director
- Former: Adam Krauss (2020–2021) — Assistant Secretary
- Former: Paurvi Bhatt (2020–2021) — President & Vice Chair
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Medtronic Global Health Foundation
How large is Medtronic Global Health Foundation?
Medtronic Global Health Foundation reported $50.9M in total assets on its 2025 IRS Form 990-PF. It paid out $9.1M in qualifying distributions that year, against a required minimum of $464K (roughly 5% of its investment assets).
What does Medtronic Global Health Foundation fund?
The foundation’s website says its chronic-care work aims to empower patients in managing lifelong conditions, improve access to quality healthcare, and connect patients with community and social services. See mission & focus areas ↑
How do I apply for a grant from Medtronic Global Health Foundation?
The foundation’s website says it is invitation-only, that unsolicited submissions are not reviewed, and that it reaches out to potential partners when funding is available. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does Medtronic Global Health Foundation make grants?
The website describes the foundation’s global health work as serving underserved communities and says its community grantmaking supports communities around the world. It does not specify particular countries or regions for grantmaking.
What is Medtronic Global Health Foundation's EIN?
Medtronic Global Health Foundation's EIN (Employer Identification Number) is 81-2307516. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS March 4, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 14, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 16, 2026)
- IRS filings on file for fiscal years 2020–2025
Explore Open Grants
Browse active grant opportunities in Medtronic Global Health Foundation's focus areas in our free grants database
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