| 1984 |
$2.5 million goal is established seeking one hundred $25,000 contributions/pledges. Completed 1992 |
| 1992 |
Phase II is announced with a $3 million goal. Completed 1996 |
| 1996 |
Frederick Gobel/Robert Van Tassel Endowment for Research in
Cardiology and Demetre Nicoloff Endowment for Research in Cardiovascular
Surgery campaigns are begun. Goal is $2.0 million. Contributed/pledged
to date: $1.2 million. |
| 1997 |
Minneapolis Heart Institute Foundation sells Minneapolis Heart
Institute/Foundation building. Adds $3 million to endowment. |
| 1998 |
As of 12/31/98 pledged endowments total $11.3 million. |
- 196 commitments of $25,000 or more.
- Earnings currently fund 19% of research and education budget.
- 5.5% of earnings are used to fund budget. Excess earnings are added to
the endowment principal.
- 100% of contributions to endowment. No administrative or fundraising
costs.
Purpose:
- To be a continuing and growing source of research and education
support.
- To provide an environment to perpetuate the good names and generosity
of endowment donors.
For additional information about endowment giving on a named fund please
contact the Foundation at 612/863-3958.
Previous Article | Article Index | Next Article
