Ucare Foundation is a 501(c)(3) organization based in Minneapolis, Minnesota, registered in 2014, with $3,165,090 in FY2024 revenue. CharityIndex grades it B+, and it directs about 100% of spending to programs.
Revenue (FY2024)
$3.2M
▼ 96.2% vs prior year
Health median: $840K
Expenses (FY2024)
$3.8M
Net assets
$10.1M
Employees
0
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Ucare Foundation: 100% to programs earns a A+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Ucare Foundation: 32 mo reserves · -20% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Ucare Foundation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Ucare Foundation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Grant-making to improve the health of under-served populations in minnesota.
Revenue grew from $115K (FY2016) to $3.2M (FY2024) across 9 reported years.
Financial snapshot
Operating margin
-20.5%
Spent more than it raised in the latest fiscal year.
Total assets
$35.2M
Total liabilities
$25.1M
Net assets
$10.1M
Salaries & benefits
$0
0% of expenses
Board members
15
15 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,165,090▼96.2% | $3,813,431▼96.3% | $10,099,256▼5.7% | $35,239,661▼42.0% | 990 |
| 2023 | $82,513,197▲191% | $103,349,566▲8505% | $10,706,355▼65.9% | $60,706,857▲92.2% | 990 |
| 2022 | $28,310,440▲1104% | $1,201,042▼6.6% | $31,424,918▲542% | $31,577,169▲545% | 990 |
| 2021 | $2,352,143▲96.1% | $1,285,735▼6.9% | $4,892,531▲32.3% | $4,893,006▲25.8% | 990 |
| 2020 | $1,199,594▲131% | $1,380,721▼6.7% | $3,698,700▼1.6% | $3,890,851▲3.5% | 990 |
| 2019 | $518,349▼30.5% | $1,479,827▲274% | $3,759,616▼16.0% | $3,760,141▼16.0% | 990 |
| 2018 | $745,931▼35.7% | $395,170▲139% | $4,475,599▲0.7% | $4,476,047▲0.7% | 990 |
| 2017 | $1,160,311▲913% | $165,082▼88.6% | $4,443,749▲39.4% | $4,444,171▲39.4% | 990 |
| 2016 | $114,553 | $1,449,729 | $3,188,076 | $3,188,534 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Allison O'toole | Board Chair | 0.1 | — |
| Anthony Mendoza | Director & Vice Chair | 0.1 | — |
| Beth Monsrud | Svp, Cfo & Treasurer | 0.1 | — |
| Charity Bennett | Director | 0.1 | — |
| Daniel Santos | Chief Legal Officer & Secretary | 0.1 | — |
| Dorothy Bridges | Director | 0.1 | — |
| Hilary Marden-resnik | President & Ceo | 0.1 | — |
| James Koppel | Director | 0.1 | — |
| James Van Vooren Md | Driector | 0.1 | — |
| Jay Sivasailam | Evp, Chief Growth Officer | 0.1 | — |
| Jeff Bangsberg | Director | 0.1 | — |
| Mariam Mohamed | Director | 0.1 | — |
| Marie Zimmerman-enger | Evp, Chief Strategy Officer | 0.1 | — |
| Martina Sagayam | Director | 0.1 | — |
| Michael Wootten Md | Director | 0.1 | — |
| Patricia Adam Md | Director | 0.1 | — |
| Patricia Nelson | Director (through January 2024) | 0.1 | — |
| P Jay Kiedrowski | Director | 0.1 | — |
| Robert Riskin | Director (through September 2024) | 0.1 | — |
| Tenbit Emiru | Evp, Chief Medical Officer | 0.1 | — |
10 grants to Ucare Foundation totaling $219.6M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Ucare Foundation | Advance a set of community and health wellness initiatives | 2023 | $100,000,000 |
| Ucare Minnesota | Replenishment of foundation funds. | 2023 | $80,000,000 |
| Ucare Minnesota | Replenishment of foundation funds. | 2022 | $28,000,000 |
| Ucare Minnesota | Replenishment of foundation funds. | 2021 | $2,000,000 |
| Ucare Minnesota | Replenishment of ucare foundation balance. | 2020 | $1,000,000 |
| Ucare Minnesota | Replenishment of ucare foundation balance. | 2019 | $412,597 |
| Ucare Minnesota | Replenishment of ucare foundation balance. | 2018 | $500,000 |
| Ucare Minnesota | Replenishment of ucare foundation balance. | 2017 | $1,000,000 |
| University of Minnesota Foundation | Donor advised fund transferred to newly formed ucare foundation. | 2014 | $5,642,733 |
| Ucare Minnesota | Increase fund balance to support ongoing efforts | 2014 | $1,000,000 |
73 grants totaling $3.7M in FY2024 — showing the 15 largest. All grants made by Ucare Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| Apple Tree Dental | Support for the remodel and establishment of apple trees new brighton community outreach center. | $450,000 |
| Apple Tree Dental | Support the remodel and establishment of apple trees new brighton community outreach center. | $150,000 |
| Mississippi Headwaters Area Dental Health Center Incorporated | Support during mentorship, monitoring and paced ramp up for onboarding of a newly licensed and committed dentist to bridge the workforce gap in rural northwestern minnesota. | $100,000 |
| Wilderness Inquiry Inc | Initiative to increase accessibility at organization sites with adaptive equipment, modifications and scholarships for outdoor programs for participants with disabilities. | $100,000 |
| Healthfinders Collaborative Inc | Dental program extends recent projects to build dental-specific efficiency and capacity and drive better outcomes for patients. | $100,000 |
| Minnesota State Colleges and Universities | Updates and expansions to dental clinic addressing a critical shortage of dental professionals and increase access to affordable dental services in the region. | $100,000 |
| Vine Faith In Action | Essential infrastructure modifications for adult community center in mankato, which serves over 2,200 members including older adults and younger individuals with disabilities. | $100,000 |
| Childrens Dental Services Inc | Dental care access expansion project increases accessibility for people living with disabling and neurodivergent conditions. | $100,000 |
| Native American Community Clinic | Traditional healing and maternal and child health initiatives supporting essential elements like resource navigation, education, and traditional healing services. | $100,000 |
| Steps of Strategy | Supourt program (supporting people to overcome, unite, reach, and thrive) to help clients with disabilities access adaptive equipment and onsite mental and chemical health services. | $92,000 |
| The Food Group Minnesota Inc | Expanded operation for twin cities mobile market provides shopping and access to communities lacking adequate fresh, healthful foods. | $90,000 |
| The Food Group Minnesota Inc | Twin cities mobile market provides shopping and access to communities lacking adequate fresh, healthful foods. | $90,000 |
| St Marys Health Clinics | Mobile oral health care services for spanish-speaking immigrants joins a mobile dental clinic reaching underserved latino communities in greater minnesota. | $80,000 |
| Open Door Health Center | School-based health center model to expand access to dental care for 500 rural students in south central minnesota. | $75,000 |
| Iowa Medical Society Foundation | Establish a state-based collaborative learning community among iowa's maternal health provider community to address morbidity and mortality factors affecting iowa moms and babies. | $75,000 |
Explore more
Data for Ucare Foundation (EIN 46-4795214) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.