University of Minnesota Physicians
University of Minnesota Physicians serves as the integrated group practice for the university of Minnesota medical school full-time faculty to provide the highest quality healthcare to patients and their families.University of Minnesota Physicians is a multi-specialty physician organization serving as the faculty practice plan for the university of Minnesota medical school. It is dedicated to providing high quality, patient focused care and advancing medical knowledge. It supports theresearch and education missions of the medical school.
University of Minnesota Physicians at a glance
In short: University of Minnesota Physicians gave $9.5M across 1 grant in 2025 (avg $9.5M), mostly in Minnesota. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $9,541,084
- +4.4% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $9,541,084
- +4.4% vs 2024
- Median grant
- $9,541,084
- Total assets
- $350,393,684
- +22.2% vs 2024
- Primary geography
- Minnesota (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who University of Minnesota Physicians funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was University of Minnesota ($9.5M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was $5M or more: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How University of Minnesota Physicians gives
- Giving fell 62% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $1.6M (2020) to $25.3M (2022). In 2025 it made 1 grant totaling $9.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Minnesota Minneapolis, MN | Education & Research | $9,541,084 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $350,393,684 | $1,008,701,283 | $960,484,923 | $9,541,084 | 1 | $2,763,543 |
| 2024 | $286,805,724 | $903,048,414 | $909,135,379 | $9,138,381 | 1 | $2,333,631 |
| 2023 | $309,059,998 | $902,949,353 | $873,243,046 | $17,327,786 | 1 | $1,147,283 |
| 2022 | $268,522,073 | $804,479,557 | $801,477,284 | $25,268,113 | 1 | $319,103 |
| 2021 | $265,968,943 | $719,799,425 | $704,665,769 | $13,386,132 | 1 | $-216,932 |
| 2020 | $262,112,916 | $702,714,868 | $675,036,594 | $1,560,812 | 1 | $929,351 |
| 2019 | $231,825,478 | $644,353,161 | $627,493,287 | $24,908,967 | 1 | $851,442 |
About University of Minnesota Physicians
Based on IRS filings
University of Minnesota Physicians is a public charity focused on Health, based in Minneapolis, MN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $350.4M in total assets. In 2025, it awarded 1 grant totaling $9.5M. Net investment income was $2.8M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
University of Minnesota Physicians is led by Bevan Yueh, CEO since 2022 (on filings since 2019); 18 of 25 officers listed in 2025 are compensated.
Officers on the 2025 filing
Bevan Yueh
CEO
Physician → CFO, 2021
CFO → CEO, 2022
On filings since 2019
20 hrs/week
$279K (2019) → $607K (2025)
Jakub Tolar
Physician & Board Chair
CMO & Physician → Physician, 2020
Physician → Physician & Board Chair, 2021
On filings since 2019
20 hrs/week
$39K (2019) → $37K (2025)
Joseph Neglia
Director & Employed Physician
Physician → Director & Employed Physician, 2022
On filings since 2019
20 hrs/week
$176K (2019) → $264K (2025)
Kathryn Kacey Justesen
Director & Employed Physician
Physician → Director & Employed Physician, 2022
On filings since 2019
20 hrs/week
$33K (2019) → $105K (2025)
Sayeed Ikramudin
Director & Employed Physician
Physician → Director & Employed Physician, 2022
On filings since 2019
20 hrs/week
$465K (2019) → $560K (2025)
Catherine Bendel
Director & Employed Physician
Physician → Director & Employed Physician, 2022
On filings since 2021
20 hrs/week
$248K (2021) → $223K (2025)
Joel Boyd
Director & Employed Physician
On filings since 2022
20 hrs/week
$452K (2022) → $542K (2025)
Naomi Fujioka
Director & Employed Physician
On filings since 2022
20 hrs/week
$201K (2022) → $203K (2025)
Elizabeth Seaquist
Director & Employed Physician
On filings since 2023
20 hrs/week
$210K (2023) → $185K (2025)
Jessica Kuehn-Hajder
Director & Employed Physician
On filings since 2024
20 hrs/week
$458K (2024) → $507K (2025)
Denis Clohisy
Physician & Board Vice Cha
Physician & Vice Chair → Physician & Board Vice Chair, 2022
Physician & Board Vice Chair → Physician & Board Vice Cha, 2025
On filings since 2019
20 hrs/week
$447K (2019) → $512K (2025)
Rahel Ghebre
Physician & Board Secretary
Physician → Physician & Secretary, 2021
Physician & Secretary → Physician & Board Secretary, 2022
On filings since 2019
20 hrs/week
$97K (2019) → $324K (2025)
Rosemary Kelly
Employed Physician
Physician → Employed Physician, 2022
On filings since 2019
20 hrs/week
$956K (2019) → $1.5M (2025)
Christopher Martin
Employed Physician
Physician → Employed Physician, 2022
On filings since 2021
20 hrs/week
$1.4M (2021) → $1.9M (2025)
Matthew Hunt
Employed Physician
Physician → Employed Physician, 2022
On filings since 2021
20 hrs/week
$1.2M (2021) → $1.1M (2025)
Nick Nyhus
CAO
Chief Administrative Officer → CAO, 2025
On filings since 2022
40 hrs/week
$322K (2022) → $369K (2025)
Pranava Sinha
Employed Physician
On filings since 2024
20 hrs/week
$1.4M (2024) → $1.3M (2025)
Amila William
Employed Physician
New on the 2025 filing
20 hrs/week
$1.1M (2025)
Dee Thibodeau
Community Board Member
On filings since 2019
1 hr/week
No compensation reported
Jon Christianson
Community Board Member
On filings since 2019
1 hr/week
No compensation reported
Julia Joseph-Di Caprio
Community Board Member
On filings since 2020
1 hr/week
No compensation reported
Richard Migliori
Community Board Member
On filings since 2021
1 hr/week
No compensation reported
Tom Olson
Community Board Member
On filings since 2021
1 hr/week
No compensation reported
Kathleen Pickard
Community Board Member
Community Board Member & Board Treasurer → Community Board Member, 2025
On filings since 2023
1 hr/week
No compensation reported
William Sibert
CFO
On filings since 2023
40 hrs/week
No compensation reported
Former officers (45)
- Former: Tushar Vora (2019–2024) — Employed Physician
- Former: James Hereford (2020–2024) — Nonvoting Board Member
- Former: Amy Reed Termed (2024) — Director & Employed Physician
- Former: Amy Reed (2019–2023) — Director & Employed Physician
- Former: Kristine B. Johnson (2019–2023) — Community Board Member
- Former: Pete Mitsch (2019–2023) — Former CFO
- Former: Peter Igarashi (2019–2023) — Director & Employed Physician
- Former: Luciano Amado (2020–2023) — Employed Physician
- Former: Julia Joseph-Dicaprio (2021–2023) — Community Board Member
- Former: Ann Van Heest (2019–2022) — Director & Employed Physician
- Former: Barbara Daniels (2019–2022) — Former CEO
- Former: Jon Hallberg (2019–2022) — Director & Employed Physician
- Former: Badrinath Konety MD (2019–2021) — Former CEO
- Former: Barbara Gold (2019–2021) — Clinical Risk Officer
- Former: Demosthenes Iskos MD (2019–2021) — Physician
- Former: Mary Johnson (2019–2021) — Chief Strategy Officer
- Former: Abe Jacob (2020–2021) — COO
- Former: Amy Reed Md Facs Rp (2020–2021) — Physician
- Former: Sayeed Irkramuddin Md Mha (2021) — Physician
- Former: Stephen Battista MD (2021) — Physician
- Former: Bradley Benson MD (2019–2020) — Physician
- Former: Brian Burnett PhD (2019–2020) — Community Board Member
- Former: Carrie Terrell MD (2019–2020) — Physician
- Former: Charles Dietz MD (2019–2020) — Physician
- Former: Edward Greeno MD (2019–2020) — Physician
- Former: Eric Ernst MD (2019–2020) — Physician
- Former: Holly Boyer MD (2019–2020) — Physician
- Former: Kyle Anderson MD (2019–2020) — Physician
- Former: Patricia Adam MD (2019–2020) — Physician
- Former: Quan Pham MD (2019–2020) — Physician
- Former: Sameer Gupta MD (2019–2020) — Physician
- Former: Sopia Vinogradov MD (2019–2020) — Physician
- Former: Steven Heifetz MD (2019–2020) — Physician
- Former: Thomas Olson (2019–2020) — Community Board Member
- Former: Christine Johnson (2020) — Community Board Member
- Former: Gerg Beilman MD (2020) — Physician
- Former: James Pacala MD MS (2020) — Physician
- Former: Sarah Schwarzenberg M (2020) — Physician
- Former: Shamane March MD (2020) — Physician
- Former: Greg Beilman MD (2019) — Physician
- Former: James Pacala MD (2019) — Physician
- Former: Julia Joseph Di-Caprio (2019) — Community Board Member
- Former: Levi Downs MD (2019) — CMO
- Former: Macaran Baird MD (2019) — CEO
- Former: Sarah Schwarzenberg MD (2019) — Physician
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $1.9M, to Christopher Martin (Employed Physician). 18 officers or directors reported compensation on that filing.
Frequently asked questions about University of Minnesota Physicians
How much does University of Minnesota Physicians give each year?
University of Minnesota Physicians gave $9.5M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $9.1M across 1 grant.
How large is University of Minnesota Physicians?
University of Minnesota Physicians reported $350.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.0B.
What is University of Minnesota Physicians?
University of Minnesota Physicians is a public charity focused on Health, based in Minneapolis, MN. It holds $350.4M in total assets as of 2025.
Where does University of Minnesota Physicians operate?
University of Minnesota Physicians has awarded grants in Minnesota.
What is University of Minnesota Physicians's EIN?
University of Minnesota Physicians's EIN (Employer Identification Number) is 41-1843943. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2024 (received by the IRS May 7, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS May 14, 2026)
- Updated Form 990 for fiscal year 2019 (received by the IRS April 9, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS April 20, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS March 25, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS April 24, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 10, 2024)
Live grants for the work University of Minnesota Physicians funds
Health Open opportunities, soonest deadline first.
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Similar Funders
Similar funders in Minnesota
The Minneapolis Foundation
Minneapolis, MN
The Minneapolis Foundation funds civic, social, and economic needs, including economic mobility, education, health, the environment, arts, and human services, with most grant dollars going to Minnesota. Its 2025 grants had a median of $25,000, though amounts varied widely. It says no funding opportunities are currently open; whether it accepts unsolicited requests is not stated.
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$1.2B
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Saint Paul & Minnesota Foundation
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The Saint Paul & Minnesota Foundation funds community-led work in areas including economic opportunity, health and human services, youth and education, housing, and organizational capacity. Its 2025 grants had a median of $26,000; listed programs offer up to $50,000 for eligible East Metro work and up to $15,000 for qualifying Minnesota organizations. It accepts applications through specific programs, including rolling application opportunities; the Community Solutions Grant Program serves Dakota, Ramsey, and Washington counties.
Assets
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Grants
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$107.2M
The Richard M Schulze Family Foundation
Minneapolis, MN
The Richard M. Schulze Family Foundation funds education, health care, and human services, including college scholarships, with most support benefiting working- and middle-class families in specified Minnesota and Florida counties; it also makes some national grants. Its 2024 grants had a median of $5,000, though awards ranged from $50 to $10 million. It plans to move to invitation-only grantmaking in 2027; whether it currently accepts unsolicited requests is not stated.
Assets
$218.3M
Grants
1,431
Total Given
$47.9M
Wells Fargo Foundation
Minneapolis, MN
Wells Fargo Foundation funds financial opportunity, affordable housing, small business growth, and some other local community needs across national and eligible local communities. Its 2025 grants ranged from $3,000 to $8 million, with a median of $35,000. It does not accept unsolicited requests; eligible organizations may submit a grant interest form to be considered for an invitation.
Assets
$8.6M
Grants
1,376
Total Given
$157.4M
C K Blandin Foundation
Grand Rapids, MN
The C K Blandin Foundation funds rural Minnesota projects that build community wealth, improve rural places, strengthen small communities, and support capacity-building, with a primary focus on the Grand Rapids area. Rural grants are typically $25,000–$150,000; it does not accept unsolicited requests, offering opportunities through invitations or competitive RFPs.
Assets
$506.3M
Grants
931
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The McKnight Foundation
Minneapolis, MN
The McKnight Foundation funds arts and culture, resilient food systems, Midwest climate and energy, neuroscience, and equitable communities, with Minnesota a primary focus for several programs and work also extending beyond the state. Its 2024 grants had a median of $100,000; prospective applicants should first discuss fit with program staff, who provide proposal instructions if the work can be considered.
Assets
$2.7B
Grants
790
Total Given
$145.9M
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University of Minnesota Physicians down — hundreds of funders to go?