University of Minnesota Foundation

Description

The University of Minnesota Foundation (UMF) is a key partner with the University in building and sustaining excellence among students and faculty, and fueling discovery in important areas on all University of Minnesota campuses. UMF accomplishes this by raising and managing gifts from individuals and organizations. Through collaboration with University leaders and development officers from all campuses, colleges, and programs, UMF staff ensure that fundraising activities are consistent with the University’s highest priorities and the donor’s philanthropic intentions.

UMF is a separate nonprofit organization with the sole purpose of supporting the University. It has been designated by the University of Minnesota’s Board of Regents as the central development office for the University. The Regents have charged the Foundation with responsibility for:

• Coordinating and executing fundraising activities on behalf of all University campuses, colleges, and programs.
• Receipting and recording all gifts and reporting gifts to the Board of Regents for approval.
• Managing and investing endowed funds.
• Distributing funds, both current gifts and income from endowments, to the University for the purposes designated by donors.