ABBOTT NORTHWESTERN HOSPITAL FOUNDATION Charity Report

Public IRS 990 nonprofit record

ABBOTT NORTHWESTERN HOSPITAL FOUNDATION

EIN 04-3643816 · Single Organization Support (E11)

What they do

THE MISSION of ABBOTT NORTHWESTERN HOSPITAL FOUNDATION is to RAISE, STEWARD and DISBURSE FUNDS for THE BENEFIT of ABBOTT NORTHWESTERN HOSPITAL and THE COMMUNITIES IT SERVES. THE FOUNDATION is A SEPARATE NOT-FOR-PROFIT ENTITY DEDICATED to SUPPORTING THE HOSPITAL and is GOVERNED BY A SEPARATE BOARD. ABBOTT NORTHWESTERN HOSPITAL is THE TWIN CITIES LARGEST NOT-FOR-PROFIT HOSPITAL. EACH YEAR, THE HOSPITAL PROVIDES COMPREHENSIVE HEALTH CARE for MORE THAN 200,000 PATIENTS and THEIR FAMILIES FROM THE TWIN CITIES AREA and THROUGHOUT THE UPPER MIDWEST. THE HOSPITAL is ROUTINELY NAMED IN NATIONAL RANKINGS of THE NATIONS BEST HOSPITALS, INCLUDING BEING NAMED IN U.S. NEWS and WORLD REPORTS "AMERICAS TOP 50 HOSPITALS" LIST for TEN CONSECUTIVE YEARS. ABBOTT NORTHWESTERN HOSPITAL is A PART of ALLINA HEALTH SYSTEM, A FAMILY of HOSPITALS, CLINICS and CARE SERVICES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $75.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2022The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders25 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

78.15%of revenue went to mission work75.1% of expenses · Program services

9.73%of revenue went to fundraising9.3% of expenses

$104.13spent for every $100 of revenueSpending was higher than revenue this year.

16.24%of revenue went to management and office costs15.6% of expenses

71.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $56,332 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $103,314 for RICHARD MAGNUSON (CFO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2022

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,364,520

Mission workProgram services$1,066,43078.15% of revenue75.1% of expenses

ManagementOffice and general costs$221,64416.24% of revenue15.6% of expenses

FundraisingAsking for donations$132,7789.73% of revenue9.3% of expenses

Total expenses$1,420,852104.13% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2022CurrentExpense mix: 75.1% mission · 15.6% management · 9.3% fundraisingTotal expenses: 104.13% of revenue

2021Expense mix: 81.7% mission · 11.2% management · 7.0% fundraisingTotal expenses: 65.09% of revenue

2020Expense mix: 71.1% mission · 18.7% management · 10.2% fundraisingTotal expenses: 26.71% of revenue

2019Expense mix: 85.8% mission · 8.7% management · 5.5% fundraisingTotal expenses: 142.18% of revenue

2018Expense mix: 78.5% mission · 14.1% management · 7.4% fundraisingTotal expenses: 97.12% of revenue

2017Expense mix: 83.6% mission · 10.1% management · 6.2% fundraisingTotal expenses: 87.92% of revenue

2016Expense mix: 84.3% mission · 9.8% management · 5.9% fundraisingTotal expenses: 106.13% of revenue

Money in and money out

Revenue$1,364,520

Expenses$1,420,852

Annual shortfall $56,332 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,066,430 · 75.1% of expenses

Management and office costs$221,644 · 15.6% of expenses

Fundraising$132,778 · 9.3% of expenses

See all reported dollar amounts

Revenue$1,364,520

Expenses$1,420,852

Income$61,370,412

Contributions$976,115

Mission work (program services)$1,066,430

Fundraising$132,778

Grants given$57,194,527

Average grant$986,113

Management and general$221,644

Accounting fees$3,569

People

Leadership and board

Tax year 2022

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

RICHARD MAGNUSONCFO · 2 hrs/week $103,314Base · Other $103,314

JEAN WATSON MDDIRECTOR · 2 hrs/week $58,103Base · Other $58,103

RICHARD MEYERDIRECTOR/PRESIDENT · 40 hrs/week $50,115Base · Other $50,115

ANN MADDEN RICESVP-PRESIDENT ANW · 2 hrs/week $19,794Base · Other $19,794

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (25)

RICHARD MAGNUSONCFO

JEAN WATSON MDDIRECTOR

RICHARD MEYERDIRECTOR/PRESIDENT

ANN MADDEN RICESVP-PRESIDENT ANW

LEE AROSTEGUI MDDIRECTOR

TODD LIFSONDIRECTOR

THOMAS GUNDERSONDIRECTOR

ROB SITDIRECTOR/VICE CHAIR

RAYMOND YUDIRECTOR

MUMTAZ KAZIM MDDIRECTOR

MICHELLE MILLERDIRECTOR/SECRETARY

MEGAN GIVENS LAATSCHDIRECTOR

MARTHA MACMILLANDIRECTOR

MARTHA HEADDIRECTOR

LINDA KETOVER MDDIRECTOR/CHAIR/PAST CHAIR

KRISTINE FORTMAN PHDDIRECTOR

JULIE VANDERBOOMDIRECTOR

JESSE OVERTON IIDIRECTOR

JEANNE COOKDIRECTOR

JASON PAULNOCKDIRECTOR/CHAIR

DAN OLAUGHLIN MDDIRECTOR

CONLEY BROOKSDIRECTOR/TREASURER

BERIT FRANCISDIRECTOR

BENJAMIN JAFFRAYDIRECTOR

BARBARA BURWELLDIRECTOR/VICE CHAIR

About this charity

Location: P O BOX 43 INTERNAL ZIP 10890, MINNEAPOLIS, MN 554400043
County: Hennepin
In care of: RICHARD E MAGNUSON
Primary officer: RICHARD E MAGNUSON, CHIEF FINANCIAL OFFICER

How to reach them

WebsiteVisit the charity’s website Emailallinahealthfoundation@allina.com Phone(612) 262-0660

Filing and classification

Latest tax year: 2022
Tax period began: January 1, 2022
Return type: 990
NTEE classification: Single Organization Support (E11)
IRS tax category: Single Organization Support
Grant-giving organization: Yes