Minnesota Medical Association Foundation
THE FOUNDATION'S MISSION IS TO BE THE MMA'S PHILANTHROPIC PARTNER IN MAKING MINNESOTA THE HEALTHIEST STATE AND BEST PLACE TO PRACTICE.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.2M
+11.8% YoY
Revenue
$467K
+58.5% YoY
Net Investment Income
$278K
+211.0% YoY
Expenses
$101K
-47.2% YoY
About Minnesota Medical Association Foundation
Based on IRS filings
Minnesota Medical Association Foundation is a nonprofit organization, based in MINNEAPOLIS, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. Net investment income was $278K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,202,514 | $1,969,476 | $1,971,226 |
| Revenue | $467,265 | $294,735 | $179,890 |
| Expenses | $100,660 | $190,647 | $105,348 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $278,179 | $89,455 | $59,029 |
| 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
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 |
|---|---|---|---|
| JUAN BOWEN MD | PAST-PRESIDENT | 1 | — |
| GEORGE SCHOEPHOERSTER MD | PRESIDENT | 1 | — |
| JANET SILVERSMITH | SECRETARY | 1 | — |
| STEPHEN PALMQUIST MD | TREASURER | 1 | — |
| GEORGE LOHMER | DIRECTOR | 1 | — |
| MACARAN BAIRD MD | DIRECTOR | 1 | — |
| DAVID AGERTER MD | DIRECTOR | 1 | — |
| ED EHLINGER MD | DIRECTOR | 1 | — |
| VERNA THORNTON MD | DIRECTOR | 1 | — |
| FATIMA JIWA MBCHB | DIRECTOR | 1 | — |
| KASEY JUSTESEN MD | DIRECTOR | 1 | — |
| TIFFANY ONYEJIAKA | DIRECTOR | 1 | — |
| KRISTEN GLOEGE | CHIEF EXECUTIVE OFFICER | 12 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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