Mayo Clinic

Organization Overview

Mayo Clinic is located in Austin, MN. The organization was established in 2014. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Mayo Clinic is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2015

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT THE AUSTIN CAMPUS OF MAYO CLINIC HEALTH SYSTEM-ALBERT LEA AND AUSTIN.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE OMAYO CLINIC HEALTH SYSTEM-AUSTIN FOUNDATION IS PART OF THE MAYO CLINIC HEALTH SYSTEM. MAYO CLINIC HEALTH SYSTEM IS A FAMILY OF CLINICS, HOSPITALS AND HEALTH CARE FACILITIES SERVING COMMUNITIES IN MINNESOTA, IOWA, WISCONSIN AND GEORGIA. AS PART OF MAYO CLINIC, THE HEALTH SYSTEM OFFERS CARE DESIGNED FOR THE WHOLE BODY CLOSE TO THE PATIENT'S HOME, WHEN THEY NEED IT. A MULTIDISCIPLINARY TEAM OF EXPERTS HAS READY ACCESS TO KNOWLEDGE, RESOURCES, AND EXPERTISE OF MAYO CLINIC AND COLLABORATES ON PROVIDING EXACTLY THE CARE THE PATIENT NEEDS. MAYO CLINIC HEALTH SYSTEM SITES EMPLOY APPROXIMATELY 1,000 PHYSICIANS AND 15,000 ALLIED HEALTH STAFF. IN ADDITION, MAYO CLINIC PHYSICIANS FROM MULTIPLE SPECIALTIES REGULARLY SEE PATIENTS AT HEALTH SYSTEM FACILITIES. BESIDES HAVING HEALTH CARE FACILITIES IN MORE THAN 60 COMMUNITIES, MAYO CLINIC HEALTH SYSTEM INCLUDES 19 OWNED HOSPITALS, TWO OWNED NURSING HOMES, PHYSICIAN SERVICE AGREEMENTS WITH ONE ADDITIONAL HOSPITAL, AND CONTRACT MANAGEMENT AGREEMENTS WITH TWO ADDITIONAL HOSPITALS AND ONE NURSING HOME. SINCE ITS INCEPTION IN 1992, MAYO CLINIC HEALTH SYSTEM HAS GROWN INTO ONE OF THE MOST SUCCESSFUL REGIONAL HEALTH CARE SYSTEMS IN THE UNITED STATES. MORE THAN 600,000 UNIQUE PATIENTS ACCOUNT FOR MORE THAN 2.6 MILLION VISITS ANNUALLY IN MAYO CLINIC HEALTH SYSTEM. IT IS ALSO A NATIONAL LEADER IN QUALITY AND SAFETY EFFORTS.MAYO CLINIC HEALTH SYSTEM-AUSTIN FOUNDATION SUPPORTS MAYO CLINIC HEALTH SYSTEM-ALBERT LEA AND AUSTIN (A RELATED MEDICAL CENTER EXEMPT UNDER SECTION 501(C)(3) OF THE CODE) BY PROVIDING SUPPORT TO THE AUSTIN CAMPUS AND ITS REGIONAL CLINICS. SUPPORT IS IN THE FORM OF GIFTS FOR EXPANSION, ACQUISITION OF MEDICAL EQUIPMENT, FACILITY UPGRADES, HOSPICE PROGRAM SUPPORT, EMPLOYEE DEVELOPMENT, KARL R. POTACH PEDIATRIC CLINIC AND SIMILAR PROJECTS. IN 2015, THE FOUNDATION PROVIDED GRANTS OF $1,077,273 TO SUPPORT SUCH PROJECTS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$100,459
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$100,459
Total Program Service Revenue$0
Investment income $33,762
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $134,221

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Mayo Clinic has recieved totaling $76,643.

Awarding OrganizationAmount
Hirsh Family Foundation

Austin, MN

PURPOSE: SUPPORT HOSPITAL SERVICES

$51,735
Mayo Clinic

Rochester, MN

PURPOSE: SUPPORT CHARITABLE PROGRAMS

$24,908
View Grant Recipient Profile

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