PARTNERING FOR BETTER HEALTH AND BETTER LIVES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$311.5M
+5.3% YoY
Annual Giving
$232K
-10.1% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$232K
-10.1% YoY
About Olmsted Medical Center
Based on IRS filings
Olmsted Medical Center is a nonprofit organization focused on Health, based in ROCHESTER, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $311.5M in total assets. In 2024, it awarded 1 grants totaling $232K. Net investment income was $4.6M.
Focus Areas
Ready to take the next step with Olmsted Medical Center?
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 | $311,451,969 | $295,849,044 | $277,318,598 |
| Revenue | $304,844,558 | $278,954,376 | $258,723,356 |
| Expenses | $298,549,388 | $273,475,611 | $254,800,158 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $4,557,215 | $4,002,188 | $2,323,986 |
| 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 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Omc Regional Foundation ($232,256).
| Recipient | Purpose | Amount |
|---|---|---|
| OMC REGIONAL FOUNDATION ROCHESTER, MN | PROVIDE FUNDING TO OMC REGIONAL FOUNDATION FOR HEALTHCARE EDUCATION AND COMMUNITY PURPOSES. | $232,256 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MATTHEW KIRSCH MD | PHYSICIAN | 36 | $1,105,153 |
| VIDHAN CHANDRA MD | PHYSICIAN | 36 | $1,116,000 |
| MARK HERR MD | PHYSICIAN | 40 | $1,029,514 |
| JACOB JUTA MD | PHYSICIAN | 40 | $1,011,604 |
| SAMER ABDEL-AZIZ MD | PHYSICIAN | 40 | $989,659 |
| TIM WEIR FACHE | CHIEF EXECUTIVE OFFICER | 40 | $965,511 |
| JAMES HOFFMANN DO | PRESIDENT | 32 | $661,811 |
| KEVIN HIGGINS | CHIEF FINANCIAL OFFICER | 40 | $593,312 |
| TAMARA ALEXANDROV MD | CLINIC TRUSTEE | 37.2 | $488,548 |
| KEITH KLEIS MD | CLINIC TRUSTEE | 40 | $443,183 |
| MARAL KENDARIAN MD | CLINIC TRUSTEE | 34 | $459,067 |
| MARK WILBUR MD CHIEF | CHEIF MEDICAL OFFICER | 40 | $440,559 |
| MIKE MALUGANI | PUBLIC TRUSTEE-CHAIR | 1 | — |
| MICHAEL TUOHY | PUBLIC TRUSTEE-VICE CHAIR | 1 | — |
| PAM BISHOP | PUBLIC TRUSTEE | 1 | — |
| CASSIE HARRINGTON | PUBLIC TRUSTEE | 1 | — |
| JUSTIN MCNEILUS | PUBLIC TRUSTEE | 1 | — |
| CAROLE NISTLER MD | PUBLIC TRUSTEE | 1 | — |
| DON SUPALLA | PUBLIC TRUSTEE | 1 | — |
| CORENIA WALZ | PUBLIC TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Olmsted Medical Center?
Olmsted Medical Center is a nonprofit organization focused on Health, based in ROCHESTER, MN. It holds $311.5M in total assets as of 2024.
How large is Olmsted Medical Center?
As of 2024, Olmsted Medical Center holds $311.5M in total assets with $304.8M in annual revenue. It awarded 1 grants totaling $232K in 2024.
Where does Olmsted Medical Center operate?
Olmsted Medical Center has awarded grants in Minnesota.
What size grants does Olmsted Medical Center award?
In 2024, Olmsted Medical Center awarded 1 grants totaling $232K — an average of about $232K per grant, based on its IRS Form 990 filings.
What is Olmsted Medical Center's EIN?
Olmsted Medical Center's EIN (Employer Identification Number) is 41-0855367. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Olmsted Medical Center's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Rochester Area Foundation
ROCHESTER, MN
Assets
$68.3M
Grants
125
Total Given
$4.8M
Xcel Energy Foundation
MINNEAPOLIS, MN
Assets
—
Grants
1,820
Total Given
$7.7M
The Minneapolis Foundation
MINNEAPOLIS, MN
Assets
$1.2B
Grants
1,565
Total Given
$121.7M
Saint Paul & Minnesota Foundation
ST PAUL, MN
Assets
$1.6B
Grants
1,445
Total Given
$192.6M
The Richard M Schulze Family Foundation
MINNEAPOLIS, MN
Assets
—
Grants
1,431
Total Given
$47.9M
First Children's Finance
MINNEAPOLIS, MN
Assets
$15.8M
Grants
1,119
Total Given
$14.9M
C K Blandin Foundation
GRAND RAPIDS, MN
Assets
—
Grants
931
Total Given
$15.8M
Otto Bremer Trust
ST PAUL, MN
Assets
—
Grants
883
Total Given
$68.5M
Land O'lakes Foundation
ST PAUL, MN
Assets
—
Grants
868
Total Given
$5.8M
The McKnight Foundation
MINNEAPOLIS, MN
Assets
—
Grants
790
Total Given
$145.9M
Marshall H and Nellie Alworth
DULUTH, MN
Assets
—
Grants
566
Total Given
$1.5M
Catholic Community Foundation
ST PAUL, MN
Assets
$751.7M
Grants
504
Total Given
$43.9M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Olmsted Medical Center on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities