MINNEAPOLIS HEART INSTITUTE FOUNDATION®
2015 Annual Report
Message from the CEO and CMO
THE MINNEAPOLIS HEART INSTITUTE FOUNDATION® (MHIF)
In 1982, a group of cardiologists and surgeons from Minneapolis Heart Institute® at Abbott Northwestern Hospital recognized that maintaining the finest patient care required an enduring commitment to cardiovascular research and education. Those physicians founded the Minneapolis Heart Institute Foundation. Today, MHIF is one of the premier nonprofit cardiovascular and population health research centers in the country.
The Minneapolis Heart Institute Foundation is committed to creating a world without heart and vascular disease. With your support, we can continue to find new and better ways to prevent and treat heart and vascular disease.
Every day, the cardiovascular health of individuals and communities is improved through the innovative research and education of the Minneapolis Heart Institute Foundation® (MHIF). We are an internationally respected leader in the prevention
and treatment of heart and vascular disease. Innovation and community engagement have been hallmarks of our proud 33-year history. We are excited to share our recent accomplishments with you.
In 2015, researchers at MHIF successfully performed the first-in-U.S. implant of the Tendyne transcatheter mitral valve replacement (TMVR), saving the life of a man with heart failure who was not a candidate for open-heart surgery. To date, MHIF has performed nine Tendyne implants, representing the largest patient population in the world.
Another significant milestone is Dr. Timothy Sullivan’s appointment as national principal investigator, researching a new stent for the treatment of peripheral arterial disease (PAD), a condition that affects millions of people. This international trial will test the safety and efficacy of a new stent system that is tailored to the individual patient. Dr. Sullivan will lead 30 research sites across the U.S. in this effort.
MHIF is dedicated to disseminating our research to improve the prevention, diagnosis and treatment of cardiovascular disease. This year, MHIF researchers produced more than 120 peer-reviewed studies and made multiple presentations at national scientific meetings.
We are grateful to those who advanced the work of MHIF in 2015, most notably Jerry Johnson, who served as the Chair of our Board of Directors from 2012 to 2015. His dedication to the MHIF mission helped propel us through times of change, and we are confident that incoming Chair Thomas Gunderson will build on his great work in the years to come.
Please explore the following pages to learn more about the great work of MHIF in 2015. None of these achievements would be possible without the dedication of our staff, research participants, industry partners and, most importantly, our generous donors.
Thank you for your support of the Minneapolis Heart Institute Foundation. Together, we can create a world without heart and vascular disease!
The Minneapolis Heart Institute Foundation sponsors and supports research initiatives of the Minneapolis Heart Institute® at Abbott Northwestern Hospital. Kristine Fortman, PhD
Chief Executive Officer
Dr. Scott Sharkey, FACC President and Chief Medical Officer
Dr. Scott Sharkey, FACC President and Chief Medical OfficerMinneapolis Heart Institute Foundation
Kristine Fortman, PhD Chief Executive OfficerMinneapolis Heart Institute Foundation
January February
Q1/Q2 2015 Impact and Outcome Highlights
Through a grant from Delta Dental of Minnesota, MHIF provides dental practices in Brown County, Minn., with resources and tools to talk to patients about the health impact of tobacco use and sugar-sweetened beverage consumption.
MHIF employees celebrate American Heart Month by spreading awareness of heart disease and the need for clinical research.
Research conducted by the MHIF Hypertrophic Cardiomyopathy (HCM) Center finds that mortality rates are reduced among HCM patients living with implantable defibrillators.
An MHIF study finds that the miniature Micra® Transcatheter Pacing System – the world’s smallest pacemaker – meets initial safety and performance measures.
Founders and longtime supporters of MHIF are honored and celebrated at our annual Founders to the Future reception.
The first implant of a Tendyne transcatheter mitral valve replacement in the U.S. is performed by MHIF. A total of nine Tendyne Bioprosthetic Mitral Valves were implanted at MHIF in 2015, more than at any other research site.
Nearly 100 attendees learn about women and heart disease at MHIF’s Treat Yourself, Treat Your Heart event.
MHIF research interns begin their summer of research projects, physician observation and contributing to peer-reviewed studies.
“I would not be where I am today had the internship
program not existed.” Dr. Katie (Pastorius) Benziger,
2005 research intern, internal medicine resident,
University of Washington
Research internships are made possible with donor support like that of Don and Iris Greene, who designated money in their estate to establish a surgical research internship.
The American College of Cardiology awards the “I Am CardioSmart” award to MHIF employee Gerry Yumul.
Several MHIF physicians and research staff present breakthrough research findings at the 2015 American College of Cardiology Scientific Sessions, where cardiologists from around the nation gather to learn the latest in heart disease treatment.
March April May June
Q2Q1
Treat Yourself,Treat Your Heart
Friday, May 8, 2015The Minikahda Club, Minneapolis
final-daisy-forprint_110x170-collateral.indd 1 4/16/15 1:51 PM
July August December
Q3/Q4 2015 Impact and Outcome Report
Dr. Timothy Sullivan is selected as the national Principal Investigator for the MIMICS-2 trial, examining the safety and efficacy of an innovative stent system to be used in the treatment of peripheral arterial disease.
Following the release of new blood pressure guidelines, Dr. Michael Miedema leads a study to determine whether the guidelines may result in the undertreatment of hypertension and a subsequent increase in heart attack and stroke.
An active demonstration project led by Hearts Beat Back®: The Heart of New Ulm Project (HONU) tests ways to increase the number of children who walk and bike to school in New Ulm, Minn., with funding and support from the Center for Prevention at Blue Cross and Blue Shield of Minnesota.
MHIF is thrilled to welcome new CEO Kristine Fortman, PhD.
September
Professionals from across the region gather at the MHIF Connecting to Transform Communities conference to explore creative and innovative ways to improve the health of populations and communities.
December is a time for reflection on the progress and achievements of the past year, with one commonality among them all: They wouldn’t have been possible without donor support.
A breakthrough research study led by Dr. Michael Miedema finds that increased fruit and vegetable consumption in childhood reduces heart disease risk in adulthood.
The 2015 Heartbeat Gala channels New Orleans with delicious food, exciting games and award-winning jazz music. Following a powerful presentation honoring Dr. Kevin Graham, guests gave generously to continue his important work.
MHIF launches its new website, with a clean interface and easy searchability that provides easier access to site visitors.
October November
Q3 Q4
Founders to the Future
In 1982, when Minneapolis Cardiology Associates became Minneapolis Heart Institute®, the founding physicians established the Minneapolis Heart Institute Foundation® (MHIF). These
founding members enlisted the help of Raymond Plank and other community leaders to support cardiovascular research and education. Together, they recruited 100 supporters who believed that investing in research was important for our community.
Since 1982, MHIF has referred to the founding cardiologists and initial 100 supporters as the Founders of MHIF. These dedicated individuals continue to support MHIF’s cardiovascular research that changes lives every day!
A group of Founders stepped forward in 2015 to serve as the Steering Committee for the Founders, helping to keep their peers informed of MHIF’s ongoing research and impact. We’re grateful to Shirley Bentdahl, Marna Fullerton, Robert Hauser, MD, Tom Keller and Robert Van Tassel, MD for their dedication and support.
In 2015, more than $6 million was invested in cardiovascular research at MHIF. This level of commitment is part of the legacy of each and every Founder who has made MHIF’s important work possible. We are proud to recognize those Founders at our annual Founders to the Future event, where we share the great accomplishments they’ve made possible and look to the future of cardiovascular research through presentations by our research interns.
Heartbeat Gala
At the 2015 Heartbeat Gala, guests celebrated the groundbreaking work of Dr. Kevin Graham, a now-retired cardiologist from Minneapolis Heart Institute® at Abbott
Northwestern Hospital. Dr. Graham was the visionary and driving force behind Hearts Beat Back®: The Heart of New Ulm Project (HONU).
The goal of HONU is to reduce the number of heart attacks that occur in New Ulm, Minn., by reducing heart disease risk factors through healthier eating, smoking cessation, increased physical activity and changes in the built environment, among others.
Today, more New Ulm residents have their blood pressure and cholesterol at the desired levels compared to national estimates. The changes are visible throughout the community, with healthy options available in more restaurants and residents who are more physically active. In fact, the New Ulm community recently banded together and successfully petitioned the city to plow local bike trails during the winter! These remarkable results indicate that Dr. Graham’s vision and leadership are not only improving health in New Ulm, but creating a national model for community health.
To continue this important work, MHIF donor Stuart Nolan established a significant matching gift that will fund HONU through its completion as part of the Pathway to Prevention campaign. Learn more at mplsheart.org/pathwaytoprevention. MHIF RESEARCH INTERNSHIP PROGRAM
PRESENTED BY
A Celebration of our Roots and Growth
145Alumni
FROM2002-2014
28% are nowpracticingphysicians 17%
are in otherhealth careprofessions
55%are undergrador medicalstudents
IN THE LAST FIVE YEARS,INTERNS HAVE CONTRIBUTED TO...
Publications in peer-reviewedjournals
43Posters andPresentationsat national scientific sessions
47
Presentation of the Dr. Robert Van Tassel award for Excellence in Interventional Cardiology to Dr. Michael R. Mooney at the 2015 Founders to the Future Reception.
Dr. Kevin Graham, recipient of the Ray Bentdahl Distinguished Service Award at the 2015 Heartbeat Gala.
Research Internship Program Alumni
The first implant of the Tendyne transcatheter mitral valve replacement in the U.S.
Bob Hatzenbeller was living a diminished life. Once an active outdoorsman, he was spending most days on the couch, his shortness of breath making it impossible to fish, travel,
spend quality time with his family or do any of the things he had previously enjoyed. Then he agreed to participate in the MHIF study of the Tendyne Bioprosthetic Mitral Valve. He became the first person in the United States to have this innovative transcatheter device implanted through a minimally invasive procedure —delivered through a catheter placed in a small incision in the chest. After receiving the implant, Bob felt better almost immediately, and he is once again living a happy, healthy, active life.
MHIF has long been a leader in minimally invasive valve repair and replacement, providing options to patients with degenerative valve disease for whom conventional open-heart surgery is not an option. In 2015, MHIF again demonstrated its valve leadership with the first Tendyne transcatheter mitral valve replacement (TMVR) in the country.
Without donor support, MHIF wouldn’t have the means and agility to participate in studies like Tendyne, and people like Bob – for whom there are no options for improved health – would continue to experience a lessened quality of life.
Bob Hatzenbeller (right) and wife Kathy (left) with MHIF research coordinator Sara Olson, RN, CCRC.
Honor and Memorial Gifts
Mr. Helmuth Albrecht
Mrs. Verda Amatuzio
Mr. Clifton Anderson
Mr. Robert Anthony
Mr. Ralph Avery
Mr. Jason Bass
Mr. William Binole
Mr. David Brown
Mrs. Sharon Bunge
Mr. Rodney Burwell
Ms. Kathryn Elert
Mrs. Bernice Entinger
Mr. Frederick Gamble, Jr.
Mr. Frank Hallberg
Mr. Maurice Hayes
Mr. Grant Hendricks
Mr. Bruce Holien
Mr. Thomas Ireland
Mr. Ronald Johnson
Dr. Thomas Jones
Mr. Curtis Kelm
Mr. David Lee
Mr. Russell Martinson
Mr. Edward McGill
Mr. Howard McMillan
Mr. Delmont Mestad
Mr. Richard Meuleners
Mr. Eldrin Meyer
Mr. Samuel Morison
Mr. Merle Nordeen
Mr. Henry Petersen
Mr. LeRoy Piche
Mr. John Powers III
Mr. Edward Reuter
Mr. Richard Ruch
Ms. Jan Ryan
Mr. Darrell Sperry
Mr. Oren Steinfeldt
Mr. Irving Victor
Mr. William Wisniewski
Ms. Janet Wood
Mrs. Kimberly Ylitalo
Dr. Adrian Almquist, Jr.
Dr. Barry Cabuay
Dr. Thomas Flavin III
Kristine Fortman, PhD
Dr. Kevin Graham
Dr. Elizabeth Grey
Dr. Thomas Knickelbine
Dr. Vibhu Kshettry
Dr. Barry Maron
Dr. Michael Mooney
Ms. Tad Oberuc
Mr. Peter Quimby
Mr. Justin Rosenblatt
Mr. Timothy Sawyer, Jr.
Dr. Robert Van Tassel
Mrs. Marilyn Jean Wert
Mr. Girma Wolde-Michael
Mr. Gerry Yumul
IN HONOR OF
IN MEMORY OF
MHIF RECEIVED CONTRIBUTIONS IN HONOR AND MEMORY OF THE FOLLOWING INDIVIDUALS IN 2015.
Legacy SocietyTHE MINNEAPOLIS HEART INSTITUTE FOUNDATION® (MHIF) LEGACY SOCIETY CONSISTS OF DONORS WHO INCLUDE MHIF IN THEIR ESTATE PLANS OR HAVE MADE A PLANNED GIFT, AND WHO HAVE INFORMED MHIF ABOUT THEIR GIFT.
Aleck Ostrow Family TrustMr. Howard D. AndersonMr. Ward and Mrs. Linda AndersonBarbara and Siah ArmajaniMr. Ray* and Mrs. Shirley BentdahlMs. Gladyce Bergman*
Mr. Frank and Mrs. Sylvia* BrennanMr. C. Richard* and Mrs. Eleanor* BrisboisMr. Conley Brooks, Sr.* and Mrs. Marney* BrooksMr. Walter Bush, Jr. and Mrs. Kathleen BushMr. Stanford* and Mrs. Elise* ChurchMs. Peggy Durda-KnappMrs. Dorothy A. Ewing*
Ms. Angela Frerichs and Mr. Burton Goldstein*
Mr. Willard Goltz*
Mr. James Grantman*
Estate of Mr. Richard HaagMs. Lynne HannonMs. M. Lenore Hannon*
Mr. Donald* and Mrs. Marilyn HenkelMr. Roy and Ms. Kathryn HertensteinMr. Edward* and Mrs. Florence* HesseMr. John and Mrs. Leslie* HollisterMr. C. Charles Jackson*
Ms. Marylyn Louise Johnson*
Mrs. Viola Johnson*
Mrs. Patricia Kelsey*
Mr. Jerald R.* and Mrs. Linda Kiernan*
Mr. Charles* and Mrs. Shirley* Koplen
Mrs. Charlotte Krueger*
Mrs. Maureen Kucera-Walsh and Mr. Michael WalshMs. Eleanor D. Larson*
Ms. Rose Mallinger*
Mr. J. Donald* and Mrs. Dorothy* MeyerMr. Michael T. MulliganMr. Donald* and Mrs. Ruth MurphyMr. A. Louis* and Mrs. Dorothy NesteMrs. Norma Neumann and Dr. Rolf Andreassen*
Ms. Ellen M. Olson*
Ms. Janet S. Paper*
Mr. Donald* and Mrs. Lucile PearsonMr. Daniel F. PerschauMr. Ralph J. Peterson*
Mr. Joshua* and Mrs. Jean* Premack
Mr. Henry Reget*
Mr. Lester* and Mrs. Marion* ReinhardtMr. James and Mrs. Dianne SafleyDr. Wilson M. and Mrs. Barbara C. SalterMs. Ilene T. Saunders*
Mr. Joseph* and Mrs. Norein* ScallonMs. Margaret R. Schaefer*
Mr. James and Mrs. Char SchmuckMr. John “Jack” and Mrs. Elva* SpillaneMr. George Stepnovitz*
Mr. Frank B. Wallace*
Mr. W. Shelley* and Mrs. Virginia* WalshMs. Lucille S. Wellington*
Mr. Bruce TelanderMr. Jon* and Mrs. Mary ThesengaDr. Robert and Mrs. Betty Van TasselDr. Thomas Von RuedenMr. Winston* and Mrs. Maxine WallinMr. W. Shelley* and Mrs. Virginia* Walsh
Ms. Beverly WatsonMr. David Weiner*
Ms. Lucille S. Wellington*
Mr. Sheldon and Mrs. Marilyn Jean WertMr. Dewey White*
Mr. Roger* and Mrs. Shirley Wikner
Mr. Max* and Mrs. Helen* WinterMr. David* and Mrs. Sarah WintonMrs. Judith and Mr. Michael WrightMr. Lowell and Mrs. Norma Zitzloff
*Deceased
Minneapolis Heart Institute Foundation® Founders Mr. Mike and Mrs. Lynn AllenMr. Kenneth* and Mrs. Jeanne* AndersonMr. Lee and Mrs. Penny AndersonMr. DeWalt Ankeny Sr.* and Mrs. Marie Ankeny*
Dr. Kit* and Mrs. Sumonda AromMr. Edward* and Mrs. Karen BakerMs. Constance BakkenMr. B. John BarryMr. Paul and Mrs. Helen BaszuckiDr. Ford and Mrs. Amy BellMr. Craig Bentdahl and Mrs. Stephanie SimonMr. Ray* and Mrs. Shirley BentdahlMrs. Ann Bentdahl and Mr. Roger SmithMr. Glenn* and Mrs. Patricia BergstromMr. Ivan Bowen II* and Mrs. Mary BowenMr. Wayne and Mrs. Signe BoysenMr. Frank and Mrs. Sylvia* BrennanMr. Irving* and Ms. Beverly BrooksMr. Conley Brooks, Sr.* and Mrs. Marney* BrooksMr. Thomas* and Mrs. Janet BrosigDr. Charles and Mrs. Amy BurnsideMr. Ron* and Mrs. Elaine BurtonMr. Rodney* and Mrs. Barbara BurwellMr. William* and Mrs. Sally* ByeMr. Ted* and Mrs. Katy* CarlsenMr. Jeffrey Carlson*
Mr. James ChafouliasMr. Lloyd Cherne*
Mr. Jack and Mrs. Fay ChestnutMr. Richard and Mrs. Diane Cohen
Mr. Sidney Cohen*
Mrs. Marilyn ConlonMr. Rodney and Mrs. Judy CoopermanMr. David* and Mrs. Dorothy DalquistDr. James Daniel and Mrs. Judy McMahonMr. Kenneth* and Ms. Julia DaytonMr. Theodore DeikelMr. William and Mrs. Janice DircksMr. Ernie Dorn Sr.* and Mrs. Beverlee Dorn*
Mr. Ernie and Mrs. Mary DornMr. Jaye* and Mrs. Betty* DyerDr. Frazier and Mrs. Heidi EalesMr. William and Mrs. JoAnne EdlefsenMr. James and Mrs. Judy FetterlyMr. Gary and Mrs. JoAnn FinkMr. Larry Hendrickson and Mrs. Barbara ForsterMr. James Fullerton III* and Mrs. Marna FullertonDr. Fredarick and Mrs. Suzanne GobelMr. Robert* and Mrs. Nancy GoldbergerMr. Donald and Mrs. Therese GoldfusMr. James Grantman*
Mr. John Grundhofer and Ms. Patricia MeierMr. Richard* and Mrs. Margie HaagMs. Nancy Harris RobertsonDr. Robert and Mrs. Sally HauserMr. Howard* and Mrs. Helen HawkinsMr. Douglas HeltneMr. Louis and Mrs. Kathrine HillMr. Gary HolmesMr. C. Charles Jackson*
Mr. Benjamin JaffrayMr. Michael and Mrs. Joyce Jennings
Drs. Charles and Sally JorgensenDr. Lyle and Mrs. Tina JoyceMr. James and Mrs. Mary JundtMr. Thomas and Mrs. Victoria KellerMr. Jerald R.* and Mrs. Linda Kiernan*
Mrs. Janet King*
Dr. Joseph and Mrs. Laura KiserMr. David* and Mrs. Barbara KochMr. Arthur* and Mrs. Emma Jean* KyddMr. John* and Mrs. Rita LamourexMr. Joseph LangerMr. Don and Mrs. Jean LeinMr. Laurence and Mrs. Jean LeJeuneMr. Dale LindquistDr. William and Mrs. Jo-Ann LindsayMr. Thomas and Mrs. Mari LoweMr. Donald* and Mrs. Diana LuckerMr. Bruce and Mrs. Debbie LundeenMr. Wallace* and Mrs. Janis* LundeenMr. David and Mrs. Anne LutherMr. Dan and Mrs. Cathy* LutherMrs. Marlene LynchMr. Harvey MackayMr. Thomas and Mrs. Marilyn* MadisonMr. Dennis and Mrs. Gail MathisenMr. Philip and Mrs. Patti* McElroyMr. Robert McGarvey Jr.* and Mrs. Cynthia McGarveyMr. Burton* and Mrs. Rosalyn McGlynnMr. Richard McNamara*
Mr. William and Mrs. Kathleen McReavyMr. John* and Mrs. Jane* MootyMr. John and Mrs. Susan Morrison
Mr. Michael T. MulliganMr. Robert and Mrs. Ellis NaegeleMrs. Stephanie and Mr. William NaegeleDr. Richard and Mrs. Kathleen NelsonMr. El Roy* and Mrs. Gail NernessMr. Demetre* and Mrs. Ardelle NicoloffMr. Thomas* and Mrs. Mary NobleMrs. Pamela NolanMr. Stuart NolanDr. William and Mrs. Joey NorthrupMr. Earl* OlsonMr. Vance and Mrs. Darin OppermanMr. Raymond PlankMr. Carl Pohlad Jr.* and Mrs. Eloise* PohladMs. Margaret Potter*
Mr. Noel and Mrs. Angelina RahnMr. Jerome* and Ms. Lillian RauMr. Tom RedmondMr. Thomas and Mrs. Sandra RempferDr. James and Mrs. Christine RenierDr. Jonathan and Mrs. Trish RogersMr. Harold and Mrs. Ruth RoitenbergMr. David and Mrs. Sandra ShermanMrs. Jane and Mr. John SieffMr. Eugene* and Mrs. Gail SitMr. Daniel Spiegel and Ms. Marilyn JaxMr. Maurice* and Mrs. Estelle* SpiegelMr. John “Jack” and Mrs. Elva* SpillaneMr. Gary* and Mrs. Jayne St. MarieMr. Clair* and Mrs. Gladys StrommenMr. Lee and Mrs. Louise Sundet
Quanex Foundation
Susan and David Roberts Family Fund
Mr. James and Mrs. Dianne Safley
Dr. Jay Sengupta and Dr. Ria Bardhan
SeQuel Response
Dr. Peter and Mrs. Marcie Stokman
Dr. Benjamin and Mrs. Mabel Sun
$1,000+Ms. Susan Alpert
Mr. Brian Anderson
Sue and Phil Ankeny Family Fund of The Minneapolis Foundation
Applied Power Products
Ms. Carol Barry
Dr. Mosi Bennett and Mrs. Vickie Gilfillian-Bennett
Mr. Daniel and Ms. Trudy Beranek
Dr. John and Mrs. Kathleen Bernhardson
Ms. Jackie Boucher
Mr. Daniel and Mrs. Judy Boulay
Ms. Carmen Bringgold
Mrs. Prudence and Mr. John Brooks
Mr. Conley Brooks, Jr. and Mrs. Carol Brooks
Mr. George and Mrs. Sharon Carisch
Mr. Oscar and Mrs. Valerie Carlson
Ms. Rachelle Chase
Mr. Paul Citron
Dr. Andrew and Mrs. Kristen Cragg
Craig-Hallum Capital Group, LLC
Dr. James Daniel and Mrs. Judy McMahon
Mrs. Dolores DeFore
Mr. Reed Duthler
Dr. Frazier and Mrs. Heidi Eales
Emerson Process Management
Dr. Eric and Mrs. Brooke Fenstad
Dr. Gene and Mrs. Barbara Fortman
Mr. Duncan Gallagher
Dr. Fredarick and Mrs. Suzanne Gobel
Mr. Ronald and Mrs. Jewel Golberg
Mr. David Gutzke and Ms. Jeanette Colby
Estate of Mr. Richard Haag
Mr. Tom Hauge
Dr. Robert and Mrs. Sally Hauser
Dr. Timothy Henry
Mr. Alvin and Mrs. Jayne Hilde
Mr. Brian Hill
Jackson Family Fund of The Minneapolis Foundation
Raymond James Charitable Endowment Fund
Mrs. Patricia Johnson
Mr. Rodney and Mrs. Laura Jordan
Mr. Thomas and Mrs. Victoria Keller
Mr. David and Mrs. Donna Knudtson
Dr. George Krienke via the Rotary Foundation Donor Advised Fund
Drs. Vibhu and Sharon Kshettry
Drs. Casey and Royce Lawler
Drs. Lenard and Wendy Lexier
Dr. Daniel and Mrs. Martha Lips
W. Duncan and Nivin MacMillan Foundation
Mr. Gregg and Mrs. Terri Mahalich
Mr. Daniel Mans
Marbrook Foundation
Mr. Michael and Mrs. Suzanne Marinaro
Mr. Evans Mburu
The John W. Mooty Foundation Trust
Mr. James and Mrs. Lorna Nelson
Oppenheimer, Wolff & Donnelly LLP
Dr. Quirino and Mrs. Helena Orlandi
The S. Bartley Osborn Family Charitable Trust
Dr. Luis Pagan-Carlo and Joseph Sammartino
Mr. Jeff and Mrs. Linda Parell
Pavilion Advisory Group, Inc.
Dr. Wesley and Mrs. Stephanie Pedersen
Mrs. Beverly Petersen
Mr. Peter and Mrs. Gene Pierce via Pierce Family Fund of The Minneapolis Foundation
Mr. Octavio and Mrs. Jody Portu
Mr. Peter and Mrs. Heidi Quimby
Mr. Walter Rasula
Regents of the University of Minnesota
Ritz Family Foundation
Mr. Steven and Mrs. Nancy Schachtman
Dr. Bob and Mrs. Belle Scott
Dr. Timothy Sielaff and Ms. Paula Sell
Signature Pools/Randall Pool & Spa
Donald F. and Virginia H. Swanson Fund of The Minneapolis Foundation
Charles B. Sweatt Foundation
Mr. Thomas and Mrs. Donna Talley
Mr. Lynn and Mrs. Carol Truesdell
The Victor Foundation
Mr. Arthur Waldon
Alice and Fred Wall Family Foundation
Mr. Rufus and Mrs. Elizabeth Winton
Mr. Charles Zaugg
$500+Alvin E. and Mildred H. Miller
Philanthropic Fund of the Minneapolis Jewish Federation
Allina Health Community Engagement
American Diabetes Association
Dr. Ben and Mrs. Marge Bache-Wiig
Mr. Scott and Mrs. Kerry Bader
Mr. Brian Buhl
Mr. Charles and Mrs. Debbi Clendenen
Ms. Christine and Mr. Gary Cohen
Mr. James and Mrs. Carol Cote
Mr. Ernie and Mrs. Mary Dorn
Ms. Karen Drill
Fidelity Charitable Gift Fund
Ms. Susan Funk
Mr. Thomas and Mrs. Sarah Giel/Grain Millers
Mr. Richard and Mrs. Jennie Goelz
Dr. Mario Goessl
Mrs. Janice Hazen
Dr. Jessica Healy
Mr. Robert and Mrs. Ann Howard
Dr. Katarzyna Hryniewicz-Czeneszew and Mr. Sybi Czeneszew
Mr. Thomas and
Mrs. Margaret Johnson
Mr. Dennis Jolley
Mr. Wayne Kelly
Kelso United Charity Fund
Mr. Donald Kinter
Mr. Owen and Mrs. Elizabeth Kornkven
Dr. Stephen Levine
Lieberman Companies
Mrs. Jacqueline Lindman
Mr. Grant and Ms. Phyllis Lovelle
Mr. Gerald and Mrs. Janet Madison
Ms. Vicki Martini
Mrs. Martha Martinson
Mr. William McReavy, Jr.
Medica
Mr. Brian and Mrs. Lori Milbrandt
Music Finance Company
Ms. Myra Nagel
Dr. James and Mrs. JoAnn Nasby
Mr. Norman and Mrs. Ann Newell
Mr. John and Ms. Kari Niedfeldt-Thomas
Mr. William and Mrs. Mary Parpart
Ms. Alice Sanborn
Mr. Timothy Sawyer
Mr. Paul and Mrs. Jane Schosberg
Dr. Nedaa and Ms. Raghda Skeik
Mr. Roy and Mrs. Christine Smalley
Timothy C. Sullivan Donor-Advised Fund
T. Rowe Price Program for Charitable Giving
Ms. Carolyn Taylor
Thomson Reuters
Mr. Mark Ungs
Mr. Loren and Mrs. Carol Walter
Washburn-McReavy Funeral Chapels and Cremation Services
Wells Fargo Community Support Programs
Mr. Frank and Mrs. Frances Wilkinson
2015 Donors Recognition$500,000+Minneapolis Heart Institute®
$250,000+Mr. John and
Mrs. Susan Morrison
Nolan Family Foundation
$100,000+Boston Scientific Corporation
Dr. Mark Graham and Ms. Laneta Dorflinger
The Lampert Foundation
$50,000+The Ivan Bowen Family
Foundation
Medtronic
Shamrock Development
$25,000+Academy of Nutrition and
Dietetics
BMO Harris Bank N.A.
Community Health Charities
Delta Dental MN
Holmes-CSM Family Foundation
Mr. Jim and Mrs. Joyce Jennings
$10,000+Abbott Northwestern Hospital
Abbott Northwestern Hospital Foundation
Ms. Stephanie Albert
Allina Health
Lee and Penny Anderson/APi Group, Inc.
Barbara and Siah Armajani
Blue Cross Blue Shield of Minnesota
Carlson Caspers
Mr. Michael and Mrs. Ann Ciresi
Dr. Louis and Mrs. Judith Cosentino
Mr. Craig and Mrs. Paula Evanich
The Fleischaker Family Foundation
Ms. Gemma Graham
Mr. Michael and Mrs. Mary Graham
Hansen Family Foundation
William H. and Mattie Wattis Harris Foundation
Edward T. Hesse Trust
Mr. William Hodder
Mrs. Caryn Ireland
Mr. Benjamin Jaffray
Bruce Johnson Fund of the Minnesota Community Foundation
Koch Companies
Luther Family Foundation
The Medtronic Foundation
Dr. David and Mrs. Diane Milbrath
Minnesota Hospital Association
Jean and Dennis Neilson Charitable Fund at Schwab Charitable Fund
Buzz and Carolyn Pierce Family Fund of The Minneapolis Foundation
Piper Jaffray Companies
Schwab Charitable Fund
Dr. Scott and Mrs. Patricia Sharkey
Mr. Archie Smith and Mrs. Tina Flint Smith
St. Jude Medical, Inc.
Mr. Bruce* and Mrs. Ruth Stricker Dayton
Dr. Timothy and Mrs. Amy Sullivan
Dr. Chuen and Mrs. Angela Tang
The Tudor Foundation, Inc.
United Health Foundation
Dr. Robert and Mrs. Betty Van Tassel
The James & Jane Welch Foundation
$5,000+Abbott Vascular Devices
Drs. Jason Alexander and Leila Tabibian
Allina Health Division of Applied Research
Dr. Adrian and Mrs. Sally Almquist
Amgen
Andersen Corporation
Anonymous
AstraZeneca
Dr. Richard Bae and Mrs. Lauren Kim-Bae
Mr. Walter and Mrs. Jane Barry
Mrs. Christine and Mr. Evon Bent
Mrs. Shirley Bentdahl
Mr. Frank Brennan
Dr. M. Nicholas Burke and Mrs. Sue Slattery-Burke
Dr. Matthew and Mrs. Catherine Chu
Ciresi Conlin LLP
Community Health Charities Minnesota
Dr. Timothy and Mrs. Teresa Dirks
Doni Family Trust
Joseph Durda Family Foundation
Eagan Lions Club
Edwards Lifesciences
Mr. Ted and Mrs. Angie Erickson
Arthur T. Erickson Foundation
Dr. R. Saeid Farivar and Dr. Firouzeh Mostashari
Dr. Jeanne and Mr. Nigel Finney
Gilead Sciences, Inc.
Gornick Family Foundation and Dr. Charles Gornick, Jr. and Mrs. Nancy Gornick
Mr. Thomas and Mrs. Stephanie Gunderson
Dr. Kevin and Mrs. Ila Harris
Mr. Roger and Mrs. Lynn Headrick
The Hubbard Broadcasting Foundation
Drs. Desmond and Podaly Jay
Mr. Jerald Johnson
Dr. William and Mrs. Stacy Katsiyiannis
Mr. D. William and Mrs. Mary Ellen Kaufman
Mr. William Kelly
Dr. Thomas Knickelbine and Mrs. Heidi Chen
Mr. Laurence and Mrs. Jean LeJeune
Drs. John and Julie Lesser
Mr. Donald MacMillan
McCarthy-Bjorklund Foundation
The Medicines Company
Microsoft Giving Campaign
Dr. Michael and Mrs. Allison Miedema
Dr. Michael and Mrs. Jodi Mooney
National Christian Foundation Twin Cities
Dr. Marc and Mrs. Kari Newell
Northwest Anesthesia, P.A.
Aleck Ostrow Family Trust
The Patch Foundation
Dr. Anil Poulose
RBC Wealth Management
Robert R. Hopper & Associates, L.L.C
Robins Kaplan L.L.P.
Mr. Herve and Mrs. Jennifer Sarteau via Sarteau Family Charitable Fund
Mr. Thomas and Mrs. Bonnie Schwalbe
Dr. Paul Sorajja
Drs. Craig and Leigh Strauss
Tendyne Holdings, Inc.
Dr. Jay and Ms. Sarah Traverse
Ms. Karin Van Dyke
Drs. Yale Wang and In-Zu Tuan via the Wang-Tuan Charitable Fund at Schwab Charitable Fund
Wert Family Foundation
Mr. Girma Wolde-Michael
$2,500+Dr. Raed and Mrs. Oula Abdelhadi
Dr. Peter and Mrs. Mary Ellen Alden
Associated Financial Group
The Baker Foundation
Ms. Marque Ann Barton
Mr. Harvey Boulter
Dr. Durand and Mrs. Renee Burns
Dr. Alex Campbell
Dr. Thomas and Mrs. Elizabeth Flavin
Kristine Fortman, PhD and Mr. Mark Fortman
Mr. Peter Hafiz
Intervalve, Inc.
Mr. Michael and Mrs. Cara Jennings
Mrs. Maureen Kucera-Walsh and Mr. Michael Walsh
Kurt Johnson Auctioneering, Inc.
Law Office of Aparna Dave
Mr. John Liddicoat
Stephen and Sheila Lieberman Endowment Fund of the American Amusement Machine Charitable Foundation
Mr. David Parry
PK Property Services
Protect Perform
AssetsCash and Equivalents $1,385,426 Investments 20,991,799 Contributions Receivable 1,104,865 Pledges Receivable (net) 953,696 Other Receivables 1,449,652 Other Assets 31,424 Fixed Assets (net) 154,442 Total Assets $26,071,304
LiabilitiesAccounts Payable $486,608 Accrued Payroll 259,608 Accrued Pension 470,923 Other Accrued Expenses 463,405 Deferred Rent 119,245 Deferred Revenue 39,344 Total Liabilities $1,839,133
Net AssetsUnrestricted $5,231,100 Temporarily Restricted 5,781,685 Permanently Restricted 13,219,386 Total Net Assets 24,232,171 Total Liabilities and Net Assets $26,071,304
2015 Statement of Operations 2015 Balance Sheet
Other Revenue
Net Assets Released - Endowment Earnings
Net Assets Released from Restrictions
Investment Gain (Loss)
Research Study Revenues
Sublicense Revenue
Grants
Contributions
Fundraising
Administration
Research
Education
Expenses
Net Assets Released from Restrictions
Net Assets Released - Endowment Earnings
Other Revenue
Research Study Revenue
Education
Fundraising
Administration
Research
Sublicense Revenue
Contributions
Grants
Net Assets Released - Endowment Earnings
Other Revenue
Net Assets Released - Endowment Earnings
Net Assets Released from Restrictions
Investment Gain (Loss)
Research Study Revenues
Sublicense Revenue
Grants
Contributions
Fundraising
Administration
Research
Education
Expenses
Net Assets Released from Restrictions
Net Assets Released - Endowment Earnings
Other Revenue
Research Study Revenue
Education
Fundraising
Administration
Research
Sublicense Revenue
Contributions
Grants
Net Assets Released - Endowment Earnings
Revenue (Figure 1)
% Operating Funds with Time or Purpose Restriction Endowments Total
Contributions 20% $1,908,661 $1,068,719 $49,213 $3,026,593
Grants 2% 227,168 209,374 — 436,542
Sub-license Revenue 8% 826,623 — — 826,623
Research Study Revenues 39% 3,841,799 — — 3,841,799
Investment Gain (Loss) 0% 685 (79,251) (362,495) (441,061)
Net Assets Released from Restrictions 18% 1,739,035 (1,739,035) — —
Net Assets Released - Endowment Earnings 7% 668,354 (135,864) (532,490) —
Other Revenue 6% 618,657 (509,206) 109,451 Total Support and Revenues $9,830,982 $(1,185,263) $(845,772) $7,799,947
Expenses (Figure 2)
PROGRAM SERVICES
Education 17% $1,624,649 $1,624,649
Research 54% 5,310,661 5,310,661
Total Program Services $6,935,310 6,935,310
SUPPORTING SERVICES
Administration 20% $2,006,409 $2,006,409
Fundraising 9% 886,000 886,000
Total Supporting Services $2,892,409 $2,892,409 Total Expenses $9,827,719 $9,827,719
Change in Net Assets $3,263 $(1,185,263) $(845,772) $(2,027,772)
Operating RevenueFigure 1
Operating ExpensesFigure 2
The Minneapolis Heart Institute Foundation is a proud member of Community Health Charities Minnesota, an alliance of 40 leading nonprofit health research and service organizations working to improve lives affected by chronic illness by investing in health research, services and education.
Message from the Chairman
The Minneapolis Heart Institute Foundation® (MHIF) has a storied past and a promising future. In 1982, visionary cardiologists and surgeons, passionate about improving outcomes for their patients, formed MHIF in order to advance research and education in a clinical setting. A talented and driven staff was assembled, and MHIF has since established itself as one of the premier research institutions in the country.
Today, MHIF continues our Founders’ momentum as we work together to achieve a world without heart and vascular disease. Achieving this lofty goal requires a dedicated team of extraordinary people. As planned, 2015 was a transition year for the MHIF team, with new talent added to our strong core of personnel. Key among the changes was the hiring of Kris Fortman as the new MHIF CEO to work alongside President and Chief Medical Officer Dr. Scott Sharkey. In her role as CEO, Kris brings industry experience, a philanthropic spirit and a passion for our work that has energized MHIF staff and stakeholders.
Two long-time leaders moved on from MHIF in 2015. Dr. Robert Hauser retired, and Chief Operating Officer Jackie Boucher accepted a leadership role in a different cardiovascular organization in the Twin Cities. The service and dedication of both Bob and Jackie to MHIF are appreciated and will be missed.
In my new position on MHIF’s Board, I have benefited greatly from the hard work of others before me. Notably, Jerry Johnson served as Board Chair from 2012 to 2015. Jerry’s strong leadership helped MHIF maintain its base through times of change, and his unwavering dedication to our mission has been inspiring. The Board has remained focused on stability and growth, while also making sure to honor the spirit and the intent of our founders and the many heartfelt contributions of our donors. I am grateful to be working with this invigorated and charitable Board of Directors.
Thank you to all who contributed financially in support of the MHIF mission in 2015. Our work would not be possible without your support and commitment. Together, we can create a world without heart and vascular disease!
Thomas J. Gunderson,Chair, Minneapolis Heart Institute Foundation Board of Directors
Thomas J. Gunderson Chair, Minneapolis Heart Institute Foundation Board of Directors
Physicians and Board of Directors
Raed H. Abdelhadi, MD
JoEllyn Abraham, MD
Peter Alden, MD
Jason Alexander, MD
Adrian Almquist, MD (retired)
Judah Askew, MD
Richard Y. Bae, MD
Mosi K. Bennett, MD
John Bernhardson, MD
M. Nicholas Burke, MD
Durand E. Burns, MD
Barry Cabuay, MD
Domenico Calcaterra, MD
Alex R. Campbell, MD
Ivan Chavez, MD
Matthew Chu, MD
Andrew Cragg, MD
Timothy Dirks, MD
Frazier Eales, MD
Peter Eckman, MD
Robert S. Farivar, MD
Eric Fenstad, MD
Thomas Flavin, III, MD
Björn Flygenring, MD
Dr. James Furda
Charles C. Gornick, MD
John Graber, MD (retired)
Elizabeth Z. Grey, MD
Kevin Harris, MD
Robert Hauser, MD (retired)
Timothy Henry, MD (casual)
William Hession, MD
Mark A. Houghland, MD
Katarzyna Hryniewicz, MD
David Hurrell, MD
Desmond Jay, MD
William Katsiyiannis, MD
Thomas Knickelbine, MD
Vibhu Kshettry, MD
Casey Lawler, MD
John Lesser, MD
David Lin, MD
Daniel Lips, MD
Terrence Longe, MD
Jesse Manunga, MD
James Madison, MD
Daniel Melby, MD
Michael Miedema, MD
Michael Mooney, MD
Karol Mudy, MD
Marc C. Newell, MD
Maria-Teresa Olivari, MD (retired)
Quirino Orlandi, MD
Luis Pagan-Carlo, MD
Wesley Pedersen, MD
Anil Poulose, MD
Michael Samara, MD
Robert S. Schwartz, MD
Jay Sengupta, MD
Scott Sharkey, MD
Nedaa Skeik, MD
Paul Sorajja, MD
Elliott Stephenson, MD
Peter Stokman, MD
Craig Strauss, MD
Timothy Sullivan, MD
Benjamin Sun, MD
Chuen-Yin Tang, MD
Norma Thiessen, MD
Jessica Titus, MD
Jay H. Traverse, MD
Yale L. Wang, MD
Peter Zimbwa, MD
Christine Bent
Robert Barrows
Thomas Biggs, MD
Carmen Bringgold
Conley Brooks, Jr.
M. Nicholas Burke, MD
Craig Evanich
Robert S. Farivar, MD
Tamarra Giertz
Thomas Gunderson
David Hurrell, MD
Ben Jaffray
Jerry Johnson
William Katsiyiannis, MD
William Kaufman
Thomas Keller, III
Maureen Kucera-Walsh
Steven Marsich
Richard Meyer
David Milbrath, DDS
Michael Mooney, MD
Peter Quimby
Robert Scott, MD
Steven Sjoblad
Archie Smith
Timothy Sullivan, MD
Jay H. Traverse, MD
Robert Van Tassel, MD
MINNEAPOLIS HEART INSTITUTE® AT ABBOTT NORTHWESTERN HOSPITAL AND MINNEAPOLIS HEART INSTITUTE FOUNDATION PHYSICIANS
MINNEAPOLIS HEART INSTITUTE FOUNDATION BOARD OF DIRECTORS
920 East 28th Street, Suite 100 Minneapolis, MN 55407
612-863-3833877-800-2729 toll free612-863-3801 fax
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