THE MISSION OF THE MINNEAPOLIS HEART INSTITUTE FOUNDATION IS TO IMPROVE THE CARDIOVASCULAR HEALTH OF INDIVIDUALS AND COMMUNITIES THROUGH INNOVATIVE RESEARCH AND EDUCATION.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$74.5M
+11.6% YoY
Revenue
$23.6M
+64.9% YoY
Net Investment Income
$1.4M
-41.9% YoY
Expenses
$19.5M
+17.6% YoY
About Minneapolis Heart Institute Foundation
Based on IRS filings
Minneapolis Heart Institute Foundation is a nonprofit organization focused on Medical Research, based in MINNEAPOLIS, MN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $74.5M in total assets. Net investment income was $1.4M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $74,457,179 | $66,731,497 | $71,060,713 |
| Revenue | $23,641,948 | $14,336,467 | $23,655,940 |
| Expenses | $19,464,471 | $16,550,155 | $14,808,254 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,355,537 | $2,334,828 | $1,730,486 |
| 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 0 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Open Grants
2 open opportunities from Minneapolis Heart Institute Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS GUNDERSON | CHAIR | 10 | — |
| JEFFREY STEINLE | PAST CHAIR | 2 | — |
| GREG GRAVES | VICE CHAIR | 2 | — |
| CARMEN VOLKART | TREASURER | 1.5 | — |
| LORI MILBRANDT | SECRETARY | 10 | — |
| BEN BACHE-WIIG MD | DIRECTOR | 1 | — |
| MOSI BENNETT MD | DIRECTOR | 0.5 | — |
| CONLEY BROOKS JR | DIRECTOR | 1 | — |
| SHARON HAWKINS | DIRECTOR | 0.25 | — |
| DAVID HURRELL MD | DIRECTOR | 2 | — |
| WILLIAM KATSIYIANNIS MD | DIRECTOR | 1 | — |
| JIM KING | DIRECTOR | 2.5 | — |
| GINNY KIRBY | DIRECTOR | 1.5 | — |
| PATRICE KLOSS | DIRECTOR | 2 | — |
| RICHARD MEYER | DIRECTOR | 3 | — |
| MARC NEWELL MD | DIRECTOR | 5 | — |
| MICHAEL PETERSON MD | DIRECTOR | 1 | — |
| RETU SAXENA MD | DIRECTOR | 1 | — |
| SCOTT SHARKEY MD | DIRECTOR | 12 | — |
| JAY TRAVERSE MD | DIRECTOR | 1 | — |
| ARIEL JOHNSON PHD | DIRECTOR | 0.5 | — |
| BOBBY STEFFEN MD | DIRECTOR | 1 | — |
| BREE WILLIAMSON | DIRECTOR | 1 | — |
| FRANCES HOFFMAN | DIRECTOR | 1 | — |
| JOSH HOWELL | DIRECTOR | 2 | — |
| KEVIN HARRIS MD | DIRECTOR | 4 | — |
| KRISTIN BOWLDS | DIRECTOR | 2 | — |
| STEVEN BRADLEY | DIRECTOR | 2.5 | — |
| MICHAEL CUMMINGS MD | DIRECTOR | 1 | — |
| JOHN MACK | DIRECTOR | 2 | — |
| ALLISON O'CONNOR | DIRECTOR | 2 | — |
| TIM THORPE | DIRECTOR | 2 | — |
| DOMINICA TALLARICO | DIRECTOR | 1 | — |
| JOSEPH SCHWARTZ | DIRECTOR | 1 | — |
| KRISTINE FORTMAN | CHIEF EXECUTIVE OFFICER | 50 | $460,662 |
| CHARLES ZAUGG | CHIEF FINANCIAL OFFICER | 40 | $206,389 |
| ROSS GARBERICH | VICE PRESIDENT - SCIENTIFIC SERVICES | 40 | $193,538 |
| LISA TINDELL | VICE PRESIDENT - RESEARCH | 40 | $203,501 |
| JESSE HICKS | VICE PRESIDENT-ADVANCEMENT | 40 | $237,718 |
| KRISTIN LAMBRECHT | PROGRAM DIRECTOR - CIRC | 40 | $164,541 |
| BAVANA RANGAN | PROGRAM DIRECTOR - CCAD | 40 | $183,887 |
| LARISSA STANBERRY | DIRECTOR OF DATA SCIENCE | 40 | $184,804 |
| CINDY RESMAN | VICE PRESIDENT - MARKETING & COMMUNICATIONS | 40 | $197,072 |
| NANCY WILSON | DIRECTOR OF ADVANCEMENT | 40 | $165,227 |
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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