BETA

MEDTRONIC GLOBAL HEALTH FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
MEDTRONIC GLOBAL HEALTH FOUNDATION (EIN 81-2307516)
Tax period
2021-05-01 to 2022-04-29
Filed
2023-03-15
IRS object ID
202340749349100119
Schema version
2021v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-03-15T10:58:15-05:00ReturnTs
Tax Period End2022-04-29TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN390859910PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BAKER TILLY US LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1225 S 6TH ST 2300AddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55402ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-05-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN812307516EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MEDTRONIC GLOBAL HEALTH FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMEDTBusinessNameControlTxt
Phone7635052643PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1710 MEDTRONIC PKWYAddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55432ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRUCHIKA SINGHALPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone7635052643PhoneNum
Signature2023-03-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstRUCHIKAPersonFirstNm
Person LastSINGHALPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLAWRENCE H MOHR CPAPreparerPersonNm
PTINP00447603PTIN
Phone6128764500PhoneNum
Preparation2023-03-14PreparationDt
Self EmployedYes (X)SelfEmployedInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$29,870,787FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$23,059,768ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$381,233InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$79,425InterestOnSavNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$366,291NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$24,080,721GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$23,074,710TotalRevAndExpnssAmt
Total Net Invst Incm$79,425TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss$25,315AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$0AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$178,571OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$431OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$0OtherProfFeesDsbrsChrtblAmt
Other Expenses Rev And Expnss$50,000OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$0OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$0OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$253,886TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$431TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$94,231ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$692,752ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$348,117TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$431TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$692,752TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$22,726,593ExcessRevenueOverExpensesAmt
Net Investment Income$78,994NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$688,050CashBOYAmt
Cash EOY$539,529CashEOYAmt
Cash EOYFMV$539,529CashEOYFMVAmt
Sav And Temp Cash Invst EOY$12,599,086SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$12,599,086SavAndTempCashInvstEOYFMVAmt
Corporate Bonds BOY$0CorporateBondsBOYAmt
Corporate Bonds EOY$3,032,172CorporateBondsEOYAmt
Corporate Bonds EOYFMV$3,032,172CorporateBondsEOYFMVAmt
Other Assets BOY$6,700,000OtherAssetsBOYAmt
Other Assets EOY$13,700,000OtherAssetsEOYAmt
Other Assets EOYFMV$13,700,000OtherAssetsEOYFMVAmt
Total Assets BOY$7,388,050TotalAssetsBOYAmt
Total Assets EOY$29,870,787TotalAssetsEOYAmt
Total Assets EOYFMV$29,870,787TotalAssetsEOYFMVAmt
Accounts Payable EOY$253,455AccountsPayableEOYAmt
Grants Payable BOY$648,521GrantsPayableBOYAmt
Grants Payable EOY$50,000GrantsPayableEOYAmt
Total Liabilities BOY$648,521TotalLiabilitiesBOYAmt
Total Liabilities EOY$303,455TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$6,739,529NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$29,067,332NoDonorRstrNetAssestsEOYAmt
Donor Rstr Net Assets EOY$500,000DonorRstrNetAssetsEOYAmt
Tot Net Ast Or Fund Balances BOY$6,739,529TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$29,567,332TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$7,388,050TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$29,870,787TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$6,739,529TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$22,726,593ExcessRevenueOverExpensesAmt
Other Increases$101,210OtherIncreasesAmt
Subtotal$29,567,332SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$29,567,332TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertySALES & MATURITIES OF PUBLICLY TRADED BONDSPropertyDesc
Gross Sales Price$24,080,721GrossSalesPriceAmt
Cost Or Other Basis$24,080,721CostOrOtherBasisAmt
Gain Or Loss$0GainOrLossAmt
Gains Minus Excess Or Losses$0GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$0CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,098InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$1,098SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$1,098TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$0EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Es Penalty$32EsPenaltyAmt
Tax Due$1,130TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateMNOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled EntityYes (1)OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressFOUNDATION.MEDTRONIC.COMWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1THE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7635052643PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1710 MEDTRONIC PKWYAddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55432ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnYes (1)FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnYes (1)PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions0ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Transactions Fail To Qlfy As Exc0TransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsYes (1)MaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (11 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
RUCHIKA SINGHAL
710 MEDTRONIC PARKWAYMINNEAPOLISMN55432PRESIDENT, VICE CHAIR15.00$0$0$0
HAL BECKHAM
710 MEDTRONIC PARKWAYMINNEAPOLISMN55432TREASURER (OUTGOING)5.00$0$0$0
MARTHA HA
710 MEDTRONIC PARKWAYMINNEAPOLISMN55432SECRETARY0.20$0$0$0
GIORDANA BELENCHIA
710 MEDTRONIC PARKWAYMINNEAPOLISMN55432ASSISTANT SECRETARY2.00$0$0$0
LIZ LUND
710 MEDTRONIC PARKWAYMINNEAPOLISMN55432ASSISTANT SECRETARY18.00$0$0$0
CAROL SURFACE
710 MEDTRONIC PARKWAYMINNEAPOLISMN55432CHAIR OF BOARD, DIRECTOR0.20$0$0$0
OMAR ISHRAK
710 MEDTRONIC PARKWAYMINNEAPOLISMN55432BOARD DIRECTOR0.20$0$0$0
BRAD LERMAN
710 MEDTRONIC PARKWAYMINNEAPOLISMN55432BOARD DIRECTOR0.20$0$0$0
KAREN PARKHILL
710 MEDTRONIC PARKWAYMINNEAPOLISMN55432BOARD DIRECTOR0.20$0$0$0
GEOFF MARTHA
710 MEDTRONIC PARKWAYMINNEAPOLISMN55432BOARD DIRECTOR0.20$0$0$0
TOROD NEPTUNE
710 MEDTRONIC PARKWAYMINNEAPOLISMN55432BOARD DIRECTOR0.20$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1NONEDescription1Txt
Expenses1$0Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1MEDTRONIC LABS IS THE ONLY HEALTH SYSTEMS INNOVATOR THAT DEVELOPS COMMUNITY-BASED, TECH-ENABLED SOLUTIONS FOR UNDERSERVED PATIENTS, FAMILIES, AND COMMUNITIES ACROSS THE WORLD. BY BRIDGING HYPER-LOCAL SERVICES WITH CUTTING-EDGE TECHNOLOGY, WE PROVIDE SUSTAINABLE AND LOCALIZED HEALTHCARE SOLUTIONS THAT PRODUCE MEASURABLE PATIENT OUTCOMES FOR ALL. BY BUILDING POWERFUL SYSTEM-LEVEL PARTNERSHIPS, MEDTRONIC LABS IS CREATING A GLOBAL HEALTH SYSTEM FOR THE FUTURE.Description1Txt
Expenses1$7,000,000Expenses1Amt
Total$7,000,000TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$18,681,920AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$506,051AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$19,187,971TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$19,187,971AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$287,820CashDeemedCharitableAmt
Net Vl Noncharitable Assets$18,900,151NetVlNoncharitableAssetsAmt
Minimum Investment Return$945,008MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$945,008MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,098TaxBasedOnInvestmentIncomeAmt
Total Tax$1,098TotalTaxAmt
Distributable Before Adj$943,910DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$943,910DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$943,910DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$692,752ExpensesAndContributionsAmt
Program Related Invst Total$7,000,000ProgramRelatedInvstTotalAmt
Qualifying Distributions$7,692,752QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$943,910DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Total Excess Distribution Cyov$0TotalExcessDistributionCyovAmt
Qualifying Distributions$7,692,752QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$943,910AppliedToCurrentYearAmt
Remaining Distri From Corpus$6,748,842RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$6,748,842TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$6,748,842ExcessDistriCyovToNextYrAmt
Excess From Current Year$6,748,842ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonGRANT APPLICATIONS SHOULD BE SUBMITRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1710 MEDTRONIC PKWYAddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55432ZIPCd
FieldValueIRS element (for citing)
Recipient Phone7635052643RecipientPhoneNum
Form And Info And MaterialsORGANIZATIONS MUST APPLY FOR GRANTS USING THE FOUNDATION'S ONLINE APPLICATION SYSTEM. ADDITIONAL DOCUMENTS WILL BE REQUIRED WITH THE ONLINE APPLICATION. THE ONLINE APPLICATION PROCESS ALLOWS FOR THE ATTACHMENT OF REQUIRED DOCUMENTS IN AN ELECTRONIC FORMAT. THE ADDITIONAL DOCUMENTS REQUIRED WITH THE ONLINE APPLICATION ARE AS FOLLOWS: - PROJECT BUDGET FORM (A TEMPLATE WILL BE PROVIDED ONLINE) - INTERIM/FINAL REPORT ON THE GRANT APPLICANT'S MOST RECENT GRANT FROM MEDTRONIC GLOBAL HEALTH FOUNDATION (ONLY REQUIRED IF THE GRANT APPLICANT HAS PREVIOUSLY RECEIVED FUNDING FROM THE FOUNDATION)FormAndInfoAndMaterialsTxt
Submission DeadlinesDEADLINES VARY. MOST PROGRAMS ARE DUE BETWEEN SEPTEMBER 15 - JANUARY 31.SubmissionDeadlinesTxt
Restrictions On AwardsTHE FOUNDATION FUNDS: - IN THE U.S.: 501(C)(3) ORGANIZATIONS (AN IRS DETERMINATION LETTER VERIFYING THE STATUS IS REQUIRED) - OUTSIDE THE U.S.: ORGANIZATIONS REGISTERED AS NONPROFITS, OR IN SOME CASES, ORGANIZATIONS THAT FUNCTION AS NONPROFITS, WHICH COULD INCLUDE SCHOOLS AND GOVERNMENT INSTITUTIONS. THE FOUNDATION DOES NOT FUND: - CONTINUING MEDICAL EDUCATION (CME) GRANTS - 501(C)(3) TYPE 509(A)(3) SUPPORTING ORGANIZATIONS - CAPITAL OR CAPITAL PROJECTS - GENERAL OPERATING SUPPORTRestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line1RecipientForeignAddress/AddressLine1TxtCityRecipientForeignAddress/CityNmCountryRecipientForeignAddress/CountryCdForeign PostalRecipientForeignAddress/ForeignPostalCd
BRAC USA
110 WILLIAM ST 18TH FLOORNEW YORKNY10038N/APCTHESE ADDITIONAL FUNDS WERE INTENDED TO SUPPORT BRAC'S ROUTINE CARE DELIVERY OF 584 PATIENTS OVER THE COURSE OF TWO MONTHS. BRAC IS TO EVALUATE PATIENT RETENTION AND CLINICAL IMPROVEMENTS OF 584 PATIENTS DIAGNOSED WITH HYPERTENSION, DIABETES, AND CO-MORBIDITIES. BRAC'S MODEL UTILIZES A COMMUNITY-DRIVEN APPROACH TO PROVIDING QUALITY AND COMPREHENSIVE NCD CARE IN HARD TO REACH AREAS WITH ALIGNS CLOSELY WITH MGHF VISION TO DESIGN AND SCALE HEALTHCARE DELIVERY MODELS THAT ADDRESS BARRIERS TO CARE ACROSS THE CARE CONTINIUM.$44,231
CHILDREN'S HEARTLINK
5075 ARCADIA AVEEDINAMN55436N/APCMF/CHL PARTNERSHIP$500,000
NORTH STAR ALLIANCE EAST AFRICA
N/ANCROUND 2 FEASIBILITY GRANT$148,521SILANGA CLOSE 8 OFF SILANGA ROADNAIROBIKE00202
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$692,752TotalGrantOrContriPdDurYrAmt

Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1KARNATAKA HEALTH PROMOTION TRUSTBusinessNameLine1Txt

Recipient Foreign Address RecipientForeignAddress

FieldValueIRS element (for citing)
Address Line1RAJAJINAGAR INDL AREA BEHIND KSSIDCAddressLine1Txt
Address Line2ADMIN OFFICE RAJAJINAGARAddressLine2Txt
CityKARNATAKACityNm
CountryINCountryCd
Foreign Postal560044ForeignPostalCd
FieldValueIRS element (for citing)
Recipient RelationshipN/ARecipientRelationshipTxt
Recipient Foundation StatusNCRecipientFoundationStatusTxt
Grant Or Contribution PurposeADDITIONAL FUNDS ARE TO SUPPORT KHPT'S DELIVERY OF CONTINUUM OF CARE FOR 1,806 PEOPLE WITH DIABETES AND HYPERTENSION, FOR SEVEN MONTHS. THIS WILL ALLOW FOR KHPT STAFF TO FULLY ENGAGE IN THE IMPLEMENTATION AND EVALUATION PHASE WHILE ENSURING CONTINUUM OF NCD CARE. KHPT IS ENSURING RETENTION AND CLINICAL IMPROVEMENTS OF 1,806 PERSONS WITH DIABETES AND HYPERTENSION.GrantOrContributionPurposeTxt
Amt$50,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Apprv Fut$50,000TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$381,233ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$366,291ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$14,942ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$14,942TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
MEDTRONIC COMMUNITIES FOUNDATION
1710 MEDTRONIC PARKWAYMINNEAPOLISMN55432$22,559,768Yes (X)
PATRICK J MCGOVERN FOUNDATION
2PO BOX 171536BOSTONMA02117$500,000Yes (X)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$25,315Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Expenditure Responsibility Stmt ExpenditureResponsibilityStmt

Expenditure Responsibility ExpenditureResponsibilityGrp (3 entries)

Address Line1ForeignAddress/AddressLine1TxtAddress Line2ForeignAddress/AddressLine2TxtCityForeignAddress/CityNmCountryForeignAddress/CountryCdForeign PostalForeignAddress/ForeignPostalCdGrantGrantDtGrantGrantAmtPurpose Of GrantPurposeOfGrantTxtAny Diversion By GranteeAnyDiversionByGranteeTxtDates Of Reports By GranteeDatesOfReportsByGranteeTxtResults Of VerificationResultsOfVerificationTxtExpended By GranteeExpendedByGranteeAmtVerificationVerificationDtAddress Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCd
TELETHON INSTITUTE FOR CHILD HEALTH RESEARCH
PERTH CHILDRENS HOSPITAL 15HOSPITAL AVENEDLANDSAS60092021-02-01$10,000COVID-19 RESPONSENONE KNOWNREPORT NOT YET RECEIVEDFINAL REPORT NOT YET RECEIVED. THE FOUNDATION HAS NO REASON TO BELIEVE ANY AMOUNT HAS BEEN DIVERTED BY THE GRANTEE.
NORTH STAR ALLIANCE EAST AFRICA
SILANGA CLOSE 8 OFF SILANGA ROADNAIROBIKE002022020-09-30$348,521THE NON COMMUNICABLE DISEASES (NCDS) PROJECT STARTED IN SEPTEMBER 2021 WITH THE AIM TO:1. SUPPORT COMMUNITY HEALTH SYSTEMS ON NCD DELIVERY.2. ENHANCE ROUTINE SCREENING, DIAGNOSIS AND ACCESS TO TREATMENT FOR NCDS.3. INCREASE EDUCATION AND AWARENESS ON NCDS IN TARGET COMMUNITIESTHE PROJECT TEAM WORKED CLOSELY WITH THE MINISTRY OF HEALTH (MOH) AT THE COUNTY AND SUB COUNTY LEVELS. THE TEAM ALSO ENGAGED THE COMMUNITY MEMBERS, SOME OF WHOM WORKED AS COMMUNITY HEALTH VOLUNTEERS (CHVS). NORTH STAR KEPT THE BLUE BOXES OPEN THROUGHOUT THE PROJECT PERIOD TO ENSURE THAT THE TARGET POPULATIONS RECEIVED HEALTHCARE.NONE KNOWNFINAL REPORT RECEIVED 9/30/21THE SUPPORT FROM THE MEDTRONIC FOUNDATION TRANSFORMED THE LIVES OF A LARGE NUMBER OF PEOPLE WHO OTHERWISE WOULD NOT HAVE ACCESSED NCD SERVICES. IT WAS A LEARNING EXPERIENCE FOR NORTH STAR ALLIANCE AND INSPIRATION TO STRENGTHEN NCD SERVICES AT THE BLUE BOXES ACROSS THE ENTIRE NETWORK. THE PROJECT HELPED TO STRENGTHEN THE RELATIONSHIP BETWEEN NORTH STAR AND THE MOH AND TO DEVELOP THE SKILLS OF FRONTLINE STAFF.$348,5212021-09-30
MEDTRONIC LABS PBC
2022-04-29$7,000,000MEDTRONIC LABS DESIGNS HEALTHCARE DELIVERY SERVICE MODELS WITH AND FOR UNDERSERVED COMMUNITIES THAT INTEGRATE DIGITAL AND PRODUCT TECHNOLOGIES ACROSS THE PATIENT CARE CONTINUUM. TO AMPLIFY ITS IMPACT AND REACH SCALE, IT PARTNERS WITH LOCAL TECH ENTREPRENEURS, HEALTHCARE PROVIDERS, NGOS (NON-GOVERNMENTAL ORGANIZATIONS), GOVERNMENTS, AND OTHER STAKEHOLDERS. PROGRAMS STRENGTHEN AND EXTEND HEALTH SYSTEMS INTO LOCAL COMMUNITIES, DELIVERING SUSTAINABLE OUTCOMES FOR UNDERSERVED PATIENTS WORLDWIDE. OUR TEAM OF 150 FIELD OPERATIONS EXPERTS, HEALTH COACHES, CLINICIANS, TECHNOLOGISTS, AND DESIGNERS SUPPORT OUR GROWING PORTFOLIO OF PROGRAMS ACROSS FIVE COUNTRIES.NONE KNOWNREPORTS RECEIVED REGULARLYREPORTS AND UPDATES RECEIVED REGULARLY. LABS HAS MET WITH MGHF BOARD ON QUARTERLY BASIS TO PROVIDE UPDATES ON IMPLIMENTATION ACTIVITIES AND LIVES IMPACTED METRICS. IN FY22 LABS FINALIZED 5 CROSS-SECTOR PARTNERSHIPS THAT TOTAL TO CLOSE TO $4.5M OF OUTSIDE CAPITAL GRANTED TO MDT LABS TO EXPAND ITS REACH ACROSS 5 AFRICAN COUNTRIES. LABS IS FOCUSED ON BUILDING A DIGITAL PLATFORM THAT IS THE BEST IN CLASS SOLUTION FOR COMMUNITY BASED HEALTHCARE DELIVERY. IN FY22 LABS HAS BEEN SUCCESFUL AT ACCELERATING PATIENT IMPACT FOR NCDS.$7,000,000710 MEDTRONIC PARKWAYMINNAPOLISMN55432

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp (2 entries)

IdentifierIdentifierTxtForm And Line ReferenceFormAndLineReferenceDescMedium ExplanationMediumExplanationTxt
ELECTION TO AMORTIZE BOND PREMIUMFORM 990-PF, PART I, LINE 3MEDTRONIC GLOBAL HEALTH FOUNDATIONEIN: 81-2307516FORM 990-PF, TAX YEAR ENDING 04/29/2022TAXPAYER HEREBY MAKES THE BOND PREMIUM AMORTIZATION ELECTIONPURSUANT TO CODE SEC. 171(C).
SCHEDULE OF CONTROLLED ENTITIESFORM 990-PF, PART VII-A, LINE 11NAME OF CONTROLLED ENTITY:MEDTRONIC LABS PBCADDRESS:710 MEDTRONIC PKWYMINNEAPOLIS, MN 55432EMPLOYER ID NUMBER:81-2904269EXCESS BUSINESS HOLDING: NO

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondCATERPILLAR FINL MTN 2.4% 6/06/22BondNm
EOY Book Value$3,032,172EOYBookValueAmt
EOYFMV$3,032,172EOYFMVAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescPROGRAM RELATED INVESTMENTSDesc
BOY Book Value$6,700,000BOYBookValueAmt
EOY Book Value$13,700,000EOYBookValueAmt
EOYFMV$13,700,000EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescDUES & SUBSCRIPTIONSDesc
Revenue And Expenses Per Books$50,000RevenueAndExpensesPerBooksAmt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescUNREALIZED GAIN/LOSSDesc
Amt$101,210Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INVESTMENT MANAGEMENT FEES$431$431$0
OTHER PROFESSIONAL FEES$178,140$0$0

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