Margaret A Cargill Foundation
- Assets
- $2.9b
- Revenue
- $6.3m
- Investments
- $2.8b
- Employees
- 0
- Location
- Eden Prairie, MN
- Founding
- Data as of
- 12/2016
- EIN
- 20-5434405
Organization Overview
Margaret A Cargill Foundation is located in Eden Prairie, MN.
For the year ending 12/2016, Margaret A Cargill Foundation generated $6.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (70.7%) each year. All expenses for the organization totaled $152.6m during the year ending 12/2016. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2016
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christine Morse Trustee Chair, CEO | 55 | $1,206,669 | |
Shawn Wischmeier Chief Investment Officer | 50 | $1,181,780 | |
Paul Busch Trustee, President | 55 | $694,648 | |
Michael Ruetz Dr. Risk Mgmt & Asse | 50 | $594,426 | |
Celia Ellingson VP Of Strategic Deve | 45 | $575,893 | |
Rodney Overcash Investment Director | 50 | $545,296 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mcgough Construction Co Inc | 12/30/16 | $11,200,191 |
Financial Risk Groupinc | 12/30/16 | $1,548,261 |
Womble Carlyle Sandridge & Rice Llp | 12/30/16 | $855,006 |
The Bridgespan Group Inc | 12/30/16 | $762,695 |
Arrowstreet Capital Limited Partnership | 12/30/16 | $724,056 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $33,865,302 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$41,716,691 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $14,124,427 |
| Total Revenue | $6,273,038 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,210,034 |
| Other employee salaries and wages | $14,163,071 |
| Pension plans, employee benefits | $3,184,200 |
| Interest | $0 |
| Taxes | $2,483,735 |
| Depreciation | $2,854,479 |
| Occupancy | $3,711,580 |
| Travel, conferences, and meetings | $1,209,803 |
| Printing and publications | $0 |
| Other expenses | $4,685,942 |
| Total operating and administrative expenses | $49,967,610 |
| Contributions, gifts, grants paid | $102,640,109 |
| Total expenses and disbursements | $152,607,719 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $58,629,022 |
| Net Accounts receivable | $6,212,692 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,617,980 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,937,049,397 |
| Net Land, buildings, and equipment | $57,678,437 |
| Other assets | $0 |
| Total assets | $2,901,050,009 |
| Accounts payable and accrued expenses | $10,897,463 |
| Grants payable | $62,223,170 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $3,013,665 |
| Total liabilities | $76,134,298 |
Grants Awarded
Over the last fiscal year, Margaret A Cargill Foundation has awarded $156,642,115 in support to 497 organizations.
| Grant Recipient | Amount |
|---|---|
CENTER FOR DISASTER PHILANTHROPY INC PURPOSE: MIDWEST EARLY RECOVERY FUND | $3,100,000 |
San Francisco, CA PURPOSE: SUPPORT REDUCTION IN DEFORESTATION AND DEGRADATION | $3,050,000 |
THE POWER OF NUTRITION PURPOSE: TACKLING CHILD UNDERNUTRITION IN ETHIOPIA AND POST-EBOLA LIBERIA | $3,000,000 |
MINNESOTA COMMUNITY FOUNDATION PURPOSE: SUPPORT FOR A DONOR ADVISED FUND AT THE MINNESOTA COMMUNITY FOUNDATION | $2,782,561 |
Washington, DC PURPOSE: NORTHERN GREAT PLAINS CONSERVATION INITIATIVE PHASE II | $2,750,000 |
Minneapolis, MN PURPOSE: SUPPORT FOR A DONOR ADVISED FUND AT THE MINNEAPOLIS FOUNDATION | $2,691,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Delta Dental Plan Of Michigan Okemos, MI | $855,270,608 | $992,190,042 |
Mclaren Health Plan Inc Flint, MI | $450,183,476 | $1,045,922,622 |
St Lukes Hospital Of Kansas City Kansas City, MO | $1,771,100,748 | $1,070,641,998 |
Saint Thomas West Hospital St Louis, MO | $949,679,305 | $1,081,181,844 |
St Cloud Hospital St Cloud, MN | $1,702,572,092 | $1,117,982,242 |
Woodmen Of The World Life Insurance Society Omaha, NE | $11,463,649,522 | $1,020,619,814 |
Mercy Hospital Springfield Springfield, MO | $547,925,906 | $1,115,699,805 |
Ssm Health Care Corporation St Louis, MO | $4,485,127,106 | $1,033,534,741 |
Ascension St John Hospital St Louis, MO | $469,518,860 | $965,978,781 |
Advocate North Side Health Network Downers Grove, IL | $946,824,836 | $901,672,521 |
Marshfield Clinic Inc Marshfield, WI | $1,051,547,723 | $852,264,236 |
Gundersen Lutheran Administrative Services Inc La Crosse, WI | $1,235,621,372 | $953,342,080 |