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Medtronic Foundation

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uuid0004t4w

Namestring
Medtronic Foundation
Legal namestring
Medtronic Foundation
Websiteurl
foundation.medtronic.com
Company typeenum
Private
Founded yearint
1979
Short descriptiontext

Medtronic Foundation is the philanthropic arm of Medtronic plc, funding programs that help 1 million low-income students enter healthcare technology careers and deploying humanitarian medical aid during global crises through strategic partners.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersMinneapolis, United States
HQ citystring
Minneapolis
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
philanthropic foundation programs, healthcare workforce development, educational scholarships and grants, employee giving programs, humanitarian crisis response
Industry4 codes
1Workforce Development & Training Grants (Public Health)
CodeHLAJALAMPrimaryYes
2Research & Science Grantmaking Foundations
CodeBPAGAKAIPrimaryNo
3Public Charities & Grantmaking Intermediaries
CodeBPAGAKAEPrimaryNo
4Health Science & Medical STEM Programs (Pre-Med, Public Health)
CodeEDAMABAJPrimaryNo
NAICS code3 codes
  • Grantmaking Foundations813211
  • Voluntary Health Organizations813212
  • Social Assistance624
SIC code2 codes
  • Services-Social Services8300
  • Services-Health Services8000
Product category
Nonprofit Philanthropic Foundation
Marketing channels1 record

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components3 values
Personnel, Operations, Others
GTM typeB2C
B2C
Offering typeServices
Services
Brand1 record
1Medtronic Spark
Description

A 10-year initiative aimed at helping 1 million students from low-income households enter healthcare technology careers through Innovator Labs, Credentials, and Scholarships.

medtronic.com
Core offering1 text field

Medtronic Foundation is a corporate charitable foundation that runs the Medtronic Spark initiative, a 10-year program aimed at helping 1 million students from low-income households enter healthcare technology careers through three components: Innovator Labs (hands-on innovation training), Credentials (professional certifications), and Scholarships (financial support). It also administers employee giving programs including matched donations (up to $5,000 annually), volunteer grants ($200 per 10 hours), and the annual Project 6 giving campaign, and deploys humanitarian crisis response through partners such as Americares and International Medical Corps.

Differentiator
Functional benefit
Problem solved
Product and service1 record
1Medtronic Spark
CategoryWorkforce development program
Description

A 10-year philanthropic initiative of Medtronic Foundation that helps 1 million students from low-income households enter healthcare technology careers, delivered through three components: Innovator Labs (hands-on innovation training), Credentials (professional certifications), and Scholarships (financial support). Targeted at students from low-income households seeking healthcare technology career entry.

Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership5 partners
1Americares
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Strategic partnership enables crisis response deployment to global communities through rapid deployment of medical aid and humanitarian assistance during emergencies.

2International Medical Corps
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Strategic partnership enables crisis response deployment to global communities, providing medical services and humanitarian aid during global crises.

3University of Illinois Urbana-Champaign
Strategic tierMinorTypeStrategic or Co-development Partner
Description

Partner in workforce transformation discussions; mentioned in context of panel at AIEA Annual Conference discussing role of international higher education partnerships in preparing graduates for evolving future of work.

4Siam University
Strategic tierMinorTypeStrategic or Co-development Partner
Description

Partner in workforce transformation discussions; mentioned in context of panel at AIEA Annual Conference discussing international higher education partnerships.

5Institute of International Education (IIE)
Strategic tierMinorTypeStrategic or Co-development Partner
Description

IIE CEO convened expert panel featuring Medtronic Foundation at AIEA Annual Conference in Washington D.C. to discuss international higher education partnerships and workforce transformation.

Market position
Customer concentration

Classification, Details

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Medtronic Foundation

Nonprofit Philanthropic Foundationfoundation.medtronic.com

Medtronic Foundation is the philanthropic arm of Medtronic plc, funding programs that help 1 million low-income students enter healthcare technology careers and deploying humanitarian medical aid during global crises through strategic partners.

Medtronic Foundation firmographics

Firmographics
Name
Medtronic Foundation
Legal name
Medtronic Foundation
Website
https://foundation.medtronic.com
Company type
Private
Founded year
1979
Operating status
Operating
Headcount range
11–50 employees
Short description
Medtronic Foundation is the philanthropic arm of Medtronic plc, funding programs that help 1 million low-income students enter healthcare technology careers and deploying humanitarian medical aid during global crises through strategic partners.
Ownership category
akta.pro rank

Medtronic Foundation industry classification

Industry
Product category
Nonprofit Philanthropic Foundation
NAICS
Grantmaking Foundations (813211), Voluntary Health Organizations (813212), Social Assistance (624)
SIC
Services-Social Services (8300), Services-Health Services (8000)
akta.pro primary industry
Workforce Development & Training Grants (Public Health) (HLAJALAM)
akta.pro secondary industries
Research & Science Grantmaking Foundations (BPAGAKAI), Public Charities & Grantmaking Intermediaries (BPAGAKAE), Health Science & Medical STEM Programs (Pre-Med, Public Health) (EDAMABAJ)

Keywords

  • Philanthropic foundation programs
  • Healthcare workforce development
  • Educational scholarships and grants
  • Employee giving programs
  • Humanitarian crisis response

Where Medtronic Foundation is headquartered

Location

Headquarters

HQ city
Minneapolis
HQ country
United States
HQ region
North America

Markets served

Medtronic Foundation business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Personnel, Operations, Others

Distribution channels1 record

Marketing channels1 record

Medtronic Foundation product offering

Product offering

Core offering

Medtronic Foundation is a corporate charitable foundation that runs the Medtronic Spark initiative, a 10-year program aimed at helping 1 million students from low-income households enter healthcare technology careers through three components: Innovator Labs (hands-on innovation training), Credentials (professional certifications), and Scholarships (financial support). It also administers employee giving programs including matched donations (up to $5,000 annually), volunteer grants ($200 per 10 hours), and the annual Project 6 giving campaign, and deploys humanitarian crisis response through partners such as Americares and International Medical Corps.

Differentiator

Problem solved

Functional benefit

Brands

  • Medtronic Spark: A 10-year initiative aimed at helping 1 million students from low-income households enter healthcare technology careers through Innovator Labs, Credentials, and Scholarships.

Products and services

  • Medtronic Spark A 10-year philanthropic initiative of Medtronic Foundation that helps 1 million students from low-income households enter healthcare technology careers, delivered through three components: Innovator Labs (hands-on innovation training), Credentials (professional certifications), and Scholarships (financial support). Targeted at students from low-income households seeking healthcare technology career entry.

Companies that use Medtronic Foundation

Customer profile

Segments1 record

Ideal customer profiles2 records

Medtronic Foundation technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Medtronic Foundation partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered core and minor.

  • AmericarescoreStrategic or Co-development PartnerStrategic partnership enables crisis response deployment to global communities through rapid deployment of medical aid and humanitarian assistance during emergencies.
  • International Medical CorpscoreStrategic or Co-development PartnerStrategic partnership enables crisis response deployment to global communities, providing medical services and humanitarian aid during global crises.
  • University of Illinois Urbana-ChampaignminorStrategic or Co-development PartnerPartner in workforce transformation discussions; mentioned in context of panel at AIEA Annual Conference discussing role of international higher education partnerships in preparing graduates for evolving future of work.
  • Siam UniversityminorStrategic or Co-development PartnerPartner in workforce transformation discussions; mentioned in context of panel at AIEA Annual Conference discussing international higher education partnerships.
  • Institute of International Education (IIE)minorStrategic or Co-development PartnerIIE CEO convened expert panel featuring Medtronic Foundation at AIEA Annual Conference in Washington D.C. to discuss international higher education partnerships and workforce transformation.

Scale indicators4 records

Medtronic Foundation competitors and assessment

Company assessment

Market position

Customer concentration

Medtronic Foundation social profiles

Digital presence

Medtronic Foundation financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Medtronic Foundation leadership team

Management profile

Number of profiles

Medtronic Foundation funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Medtronic Foundation M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Medtronic Foundation

What does Medtronic Foundation do?

Medtronic Foundation is a corporate charitable foundation that runs the Medtronic Spark initiative, a 10-year program aimed at helping 1 million students from low-income households enter healthcare technology careers through three components: Innovator Labs (hands-on innovation training), Credentials (professional certifications), and Scholarships (financial support). It also administers employee giving programs including matched donations (up to $5,000 annually), volunteer grants ($200 per 10 hours), and the annual Project 6 giving campaign, and deploys humanitarian crisis response through partners such as Americares and International Medical Corps.

Is Medtronic Foundation a public or private company?

Medtronic Foundation is a private company. It is classified as corporate owned and is currently operating.

When was Medtronic Foundation founded?

Medtronic Foundation was founded in 1979. It employs 11 to 50 people.

Where is Medtronic Foundation based?

Medtronic Foundation is headquartered in Minneapolis, United States, in the North America region.

Does Medtronic Foundation have an API?

No public API is recorded for Medtronic Foundation.

What industry is Medtronic Foundation in?

Medtronic Foundation's product category is Nonprofit Philanthropic Foundation. Its primary akta.pro industry code is HLAJALAM, Workforce Development & Training Grants (Public Health), with a secondary code of BPAGAKAI, Research & Science Grantmaking Foundations. Its NAICS code is 813211 and its SIC code is 8300.

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Live signals
IieInternational Higher Education & Industry Partnerships: Shaping the Future of WorkIIE's CEO Jason Czyz convened an expert panel at the AIEA Annual Conference in Washington D.C. to discuss the role of international higher education partnerships in workforce transformation, bringing together leaders from Medtronic Foundation, University of Illinois Urbana-Champaign, and Siam University. The panel highlighted models including Medtronic Foundation's 10-year Spark initiative aiming to propel 1 million students into health tech careers, and UIUC's Research Park ecosystem with 120+ corporate partners and 2,000 employees. All participants emphasized that deep collaboration between higher education and industry is essential to prepare graduates for a rapidly evolving future of work where 65% of today's primary school children will likely work in roles that don't yet exist.Welcome to MedtronicEmpowering global community impactMedtronic Foundation has announced its community impact programs, including Medtronic Spark — a 10-year initiative aimed at helping 1 million students from low-income households enter healthcare technology careers through three components: Innovator Labs, Credentials, and Scholarships. The foundation also supports employees through matched donations (up to $5,000 annually), volunteer grants ($200 per 10 hours), and annual Project 6 giving campaigns. Strategic partnerships with Americares and International Medical Corps enable crisis response deployment to global communities.PR NewswireMedtronic Foundation launches new STEM partnerships to serve over 60,000 underserved and underrepresented studentsThe Medtronic Foundation announced 13 new partnerships with STEM education organizations serving underrepresented and underserved K-12 students in Minnesota, Northern California, and Puerto Rico. The foundation will invest nearly $4 million over two years to collectively serve over 60,000 students, with Medtronic employee volunteers providing mentorship and skilled volunteerism. This initiative is part of Medtronic Foundation's broader effort to promote equity and improve lives in underserved communities through STEM education.Patrick J. McGovern FoundationFoundation announces new grants to accelerate potential of digital healthThe Patrick J. McGovern Foundation has awarded over $5.8 million in grants to support digital transformation and AI-driven approaches in global health systems. The funding targets various organizations, including Nexleaf Analytics and Medtronic Global Health Foundation, to enhance data governance, vaccine cold chain management, and community health platforms across multiple countries.Welcome to MedtronicCorporate Governance of Grants & DonationsMedtronic outlines its charitable donation program, covering grants for medical events, training, and education, along with FAQs and employee internal donation information. The page provides contact details for grant and donation inquiries.PR NewswireMedtronic and Medtronic Foundation Partner to Address COVID-19 Surges with Focus on EquityMedtronic and the Medtronic Foundation announced an additional $3 million in resources for COVID-19 relief efforts, bringing their total support to $56 million. This funding is directed toward underserved communities in India, Brazil, and the United States to provide medical supplies, treatment sites, and workforce training. The initiative also includes employee engagement programs such as donation matching and virtual volunteering.PR NewswireThe Medtronic Foundation and Children's Heartlink Focus New Partnership on Health Equity for 10,000 Children and 10,000 Health Workers in Underserved CountriesThe Medtronic Foundation and Children's HeartLink announced a $2.5 million, three-year partnership to address congenital heart disease in children, focusing on health equity in underserved countries. The initiative aims to provide pediatric heart surgery to 10,000 children and train 10,000 health workers across Brazil, India, and China while strengthening hospital capacity and reducing disparities in access to care. The partnership also engages Medtronic employees in clinical education, technology development, and data analytics, with Children's HeartLink planning to double its impact by 2030 through five new partner hospitals.PR NewswireMedtronic and the Medtronic Foundation Expand COVID-19 Support to More Than $46 Million USDMedtronic and the Medtronic Foundation announced an additional $3.8 million commitment for COVID-19 relief, bringing their total pandemic-related charitable contributions to more than $46 million. The funding supports healthcare worker protection through PPE donations, mental health services, operational support for nonprofits, and food assistance programs targeting underserved and BIPOC communities disproportionately affected by the pandemic. PPE donations include more than 400,000 N95 surgical masks and 430,000 KN95 respirators distributed by International Medical Corps to hospitals in COVID-19 hot spots.GlobeNewswireMedtronic Foundation Commits $16M in Health and Education Partnerships to Address Racial Disparities and Advance Social Justice in Black CommunitiesMedtronic Foundation announced a $16 million commitment to partnerships with the Thurgood Marshall College Fund, Northside Achievement Zone, and People's Center Clinics & Services. The funding supports scholarships for HBCU students, community rebuilding, and health disparities, with a global Day of Action for racial equity. The foundation will match employee donations 2:1 until Oct. 30, 2020.GlobeNewswireMedtronic Foundation Commits an Additional $10M to Global COVID-19 EffortsThe Medtronic Foundation announced an additional $10M in contributions to global COVID-19 relief efforts, adding to a $1.2M initial donation in February. The funds will support frontline health workers, PPE, and local community assistance for vulnerable populations. The foundation will evaluate needs and consider further contributions as the situation evolves.