| Mayo Clinic Group Return | Rochester | $14,891,458,272 |
| Thrivent Financial for Lutherans | Minneapolis | $11,798,685,276 |
| Mayo Clinic | Rochester | $7,929,118,794 |
| Ucare Minnesota | Minneapolis | $7,081,906,710 |
| Allina Health System | Minneapolis | $5,929,260,387 |
| Fairview Health Services | Minneapolis | $5,326,063,577 |
| Healthpartners Inc | Bloomington | $3,178,529,906 |
| HMO Minnesota | Saint Paul | $3,123,827,747 |
| Park Nicollet | St Louis Park | $2,192,407,935 |
| Medica Health Plans | Minnetonka | $1,827,807,730 |
| Hennepin Healthcare System Inc | Minneapolis | $1,709,796,054 |
| Group Health Inc | Bloomington | $1,519,002,057 |
| Stratacor | Minneapolis | $1,239,267,986 |
| Childrens Health Care | Minneapolis | $1,206,394,087 |
| St Cloud Hospital | Saint Cloud | $1,200,551,712 |
| Regions Hospital | Bloomington | $1,127,937,107 |
| University of Minnesota Physicians | Minneapolis | $1,008,701,283 |
| North Memorial Health Care | Robbinsdale | $998,718,346 |
| Smdc Medical Center | Duluth | $846,313,426 |
| National Marrow Donor Program | Minneapolis | $741,231,321 |
| Centracare Health System | Saint Cloud | $647,886,558 |
| St Marys Medical Center | Duluth | $611,421,843 |
| University of St Thomas | St Paul | $602,630,236 |
| St Lukes Hospital of Duluth | Duluth | $595,826,841 |
| University of Minnesota Foundation | Minneapolis | $586,199,341 |
| Healtheast St Johns Hospital | Minneapolis | $521,847,472 |
| Ecmc Group Inc | Minneapolis | $501,325,316 |
| Delta Dental of Minnesota | Minneapolis | $497,053,586 |
| The Travelers Companies Inc | St Paul | $481,659,480 |
| Wings Financial Credit Union | Apple Valley | $476,138,898 |
| Ridgeview Medical Center | Waconia | $407,074,551 |
| Essentia Health | Duluth | $400,833,680 |
| Gillette Childrens Specialty Health Care | Saint Paul | $396,594,783 |
| Centracare Clinic | Saint Cloud | $348,019,745 |
| Duluth Clinic Ltd | Duluth | $339,692,056 |
| St Olaf College | Northfield | $333,072,638 |
| Macalester College | Saint Paul | $328,451,827 |
| St Joseph S Medical Center | Brainerd | $320,979,644 |
| Carleton College | Northfield | $315,082,412 |
| Olmsted Medical Center | Rochester | $304,844,558 |
| Maple Grove Hospital Corporation | Maple Grove | $302,585,274 |
| St Paul Teachers Retirement Fund Association | Saint Paul | $301,193,640 |
| International Operating Engineers Union 49 Health and Welfare Fund | Bloomington | $291,167,769 |
| Second Harvest Heartland | Brooklyn Park | $276,809,083 |
| Blaze Credit Union | Falcon Hgts | $267,991,867 |
| Educational Credit Management Corporation | Minneapolis | $264,998,856 |
| Carpenters & Joiners Welfare Fund | Bloomington | $261,850,024 |
| Workers Compensation Reinsurance Association | Saint Paul | $260,552,944 |
| Scholarship America Inc | Minneapolis | $259,854,510 |
| Connexus Energy | Ramsey | $258,953,092 |
| Wells Fargo Foundation | Minneapolis | $256,338,473 |
| St Francis Regional Medical Center | Minneapolis | $239,330,762 |
| Xcel Energy Inc Voluntary Employees Benefciary Trust for Active Employ | Minneapolis | $237,051,709 |
| Consumer Choice Services Inc | Minnetonka | $236,822,189 |
| Farm Credit Foundations Welfare Benefits Trust | Saint Paul | $231,757,891 |
| Dakota Electric Association | Farmington | $229,998,295 |
| Healtheast Woodwinds Hospital | Minneapolis | $228,545,515 |
| Hazelden Betty Ford Foundation | Center City | $228,065,016 |
| Park Nicollet Health Services | Bloomington | $226,462,928 |
| Boilermakers National Health & Welfare Fund | Bloomington | $224,613,531 |
| Kinvara Inc | Minnetonka | $222,687,874 |
| Cuyuna Regional Medical Center | Crosby | $213,927,615 |
| Saint Paul & Minnesota Foundation | Saint Paul | $210,840,402 |
| Minnesota Laborers Health and Welfare Fund | Mendota Hts | $199,286,181 |
| St Marys Regional Health Center | Detroit Lakes | $196,231,024 |
| Minneapolis Foundation | Minneapolis | $192,988,402 |
| Lakeview Memorial Hospital Association Inc | Bloomington | $192,857,499 |
| Lutheran Social Service of Minnesota | Saint Paul | $187,248,443 |
| Ecumen | Shoreview | $182,342,920 |
| Mankato Rehabilitation Center Inc | Mankato | $182,061,265 |
| University of Minnesota Health Clinics and Surgery Center Inc | Minneapolis | $181,571,203 |
| Lake Region Healthcare Corporation | Fergus Falls | $178,722,216 |
| Saint Johns University | Collegeville | $177,677,023 |
| Young Mens Christian Association of the North | Minneapolis | $173,815,799 |
| Healtheast Medical Research Institute | Minneapolis | $171,265,869 |
| Lakewood Health System | Staples | $162,872,023 |
| Avera Marshall | Marshall | $162,783,478 |
| Medica Holding Company | Minnetonka | $156,385,778 |
| East Central Energy | Braham | $155,598,325 |
| Augsburg University | Minneapolis | $153,576,736 |
| Anne Ray Foundation | Eden Prairie | $153,086,190 |
| St Catherine University | Saint Paul | $151,635,094 |
| Gustavus Adolphus College | Saint Peter | $151,267,734 |
| Magnifi Financial Credit Union | Melrose | $149,695,408 |
| Wright-Hennepin Cooperative Electric Association | Rockford | $145,470,450 |
| Range Regional Health Services | Hibbing | $141,007,392 |
| Pipe Trades Services Mn Welfare Fund | White Bear Lake | $140,356,260 |
| Grand Itasca Clinic and Hospital | Grand Rapids | $140,219,254 |
| Bethel University | Saint Paul | $138,482,716 |
| Lifeworks Services Inc | Richfield | $138,363,287 |
| Concordia College Corporation | Moorhead | $138,334,204 |
| Welia Health | Mora | $138,230,370 |
| Medica Community Health Plan | Minnetonka | $134,469,618 |
| University of Northwestern-St Paul | Saint Paul | $126,982,704 |
| Minnesota Valley Electric Cooperative | Jordan | $126,685,812 |
| Lake Country Power | Cohasset | $125,678,377 |
| Concordia University St Paul | Saint Paul | $123,729,019 |
| Trustees of the Hamline University of Minnesota | Saint Paul | $123,348,922 |
| Aitkin Community Hospital Inc | Aitkin | $120,928,291 |
| Pheasants Forever Inc | Saint Paul | $118,599,546 |
| College of St Benedict Business Off | Saint Joseph | $117,296,036 |
| Minnesota Public Radio | Saint Paul | $114,636,825 |
| College of St Scholastica Inc | Duluth | $112,724,151 |
| Winona Health Services | Winona | $111,941,292 |
| Presbyterian Homes Housing and Assisted Living Inc | Roseville | $107,493,250 |
| Catholic Community Foundation of Minnesota | Saint Paul | $107,256,547 |
| McKnight Foundation | Minneapolis | $106,746,947 |
| Hutchinson Health | Bloomington | $106,407,504 |
| Astera Health | Wadena | $102,360,860 |
| Westfields Hospital Inc | Bloomington | $101,120,707 |
| Glencoe Regional Health Services | Glencoe | $100,674,254 |
| Partners in Community Supports Inc | Saint Paul | $100,110,294 |
| Nexus Family Healing | Plymouth | $99,124,546 |
| St Marys University of Minnesota | Winona | $99,115,009 |
| North Central States Regional Council of Carpenters Health Fund | Bloomington | $97,027,020 |
| Community Memorial Hospital Association | Cloquet | $95,722,288 |
| Local No 1 Health Fund | Bloomington | $94,632,699 |
| Margaret A Cargill Foundation | Eden Prairie | $92,623,926 |
| Miscellaneous Drivers and Helpers | Bloomington | $90,060,172 |
| American Baptist Homes of the Midwest | Eden Prairie | $89,799,290 |
| Crow Wing Cooperative Power & Light Company | Brainerd | $89,311,030 |
| Minnesota Transitions Chartered School | Minneapolis | $88,333,286 |
| Amery Regional Medical Center Inc | Bloomington | $88,005,084 |
| Construction Industry Laborers Welfare Fund | Bloomington | $86,543,222 |
| IBEW 292 Health Care Plan | Brooklyn Park | $86,209,442 |
| Minnesota Historical Society | Saint Paul | $85,392,186 |
| Mienergy Cooperative | Rushford | $84,435,068 |
| Otto Bremer Trust | Saint Paul | $83,679,183 |
| Ecmc Foundation | Minneapolis | $82,572,335 |
| Upper Midwest Organ Procurement Organization Inc | Minneapolis | $82,460,485 |
| Wilson Foundation | Saint Paul | $81,574,944 |
| Lifecare Medical Center | Roseau | $81,457,182 |
| Minnesota Teen Challenge Inc | Minneapolis | $80,422,138 |
| Critical Care Services Inc | Arden Hills | $79,781,905 |
| Paul Bunyan Rural Telephone Cooperative | Bemidji | $77,772,539 |
| Hudson Hospital Inc | Bloomington | $77,616,402 |
| Feed My Starving Children | Coon Rapids | $77,545,563 |
| Benedictine Health System | Minneapolis | $76,877,976 |
| Eventide | Moorhead | $76,610,480 |
| Alight | Minneapolis | $76,492,994 |
| Augustana Care | Edina | $75,310,063 |
| Michigan Electrical Employees Insurance Fund | Bloomington | $75,218,410 |
| Mille Lacs Health System | Onamia | $74,512,816 |
| St Paul Electrical Workers Welfare Fund | Bloomington | $72,185,747 |
| Planned Parenthood North Central States | Saint Paul | $72,052,438 |
| Stearns Cooperative Electric Association | Melrose | $71,510,283 |
| People Incorporated | Eagan | $71,464,947 |
| Sheet Metal No 10 Benefit Fund | Bloomington | $71,301,173 |
| Members Cooperative Credit Union | Duluth | $69,886,373 |
| Goodwill Industries Inc | Saint Paul | $68,444,009 |
| Riverview Healthcare Association | Crookston | $68,204,689 |
| The Richard M Schulze Family Foundation | Minneapolis | $68,124,046 |
| Catholic Financial Life Foundation Inc | Arden Hills | $67,560,323 |
| Amherst H Wilder Foundation | St Paul | $64,065,265 |
| Ideal Credit Union | Woodbury | $63,119,291 |
| Blake School | Hopkins | $62,197,304 |
| Mitchell Hamline School of Law | Saint Paul | $61,940,378 |
| Beltrami Electric Cooperative | Bemidji | $61,294,466 |
| Saint Therese Communities | St Louis Park | $61,271,933 |
| Freeborn-Mower Cooperative Services | Albert Lea | $60,266,711 |
| Lake Region Electric Cooperative | Pel Rapids | $59,514,606 |
| Governmental and Educational Assistance Corporation | Champlin | $59,018,091 |
| City & County Credit Union | Saint Paul | $58,663,029 |
| Senior Care Communities Inc | Saint Paul | $58,396,240 |
| Joyful Noise Charitable Foundation | Minneapolis | $58,311,253 |
| Peoples Cooperative Services | Oronoco | $58,283,541 |
| District Energy St Paul Inc | Saint Paul | $58,242,371 |
| Minneapolis Society of Fine Arts | Minneapolis | $57,720,775 |
| Target Foundation | Minneapolis | $57,393,098 |
| Healthpartners Institute | Minneapolis | $56,733,393 |
| Breck School | Minneapolis | $56,532,883 |
| Blue Earth Nicollet Faribault Cooperative Electric Association | Mankato | $56,362,273 |
| St Paul Academy and Summit School | Saint Paul | $56,170,513 |
| Dunwoody College of Technology | Minneapolis | $55,430,916 |
| Elim Homes Inc | Edina | $55,428,611 |
| Ebenezer Society | Edina | $55,268,011 |
| United Hospital District Inc | Blue Earth | $54,799,772 |
| Hennepin Healthcare Research Institute | Minneapolis | $54,717,221 |
| Fred C and Katherine B Andersen Foundation | Bayport | $54,405,407 |
| Stevens Community Medical Center Inc | Morris | $54,118,150 |
| Centracare Health System of Melrose | Melrose | $53,836,464 |
| Walker Art Center Inc | Minneapolis | $53,518,372 |
| Central Minnesota Diagnostic Inc | Milaca | $53,328,827 |
| Scholarship America Inc | Minneapolis | $52,398,511 |
| Foundation for Health Care Continuums | Sartell | $52,300,437 |
| 3m Employees Welfare Benefits Association Trust I | St Paul | $51,480,490 |
| Northstar Education Finance Inc | Eden Prairie | $51,293,468 |
| Steele Waseca Cooperative Electric | Owatonna | $50,967,936 |
| Twin Cities Public Television Inc | Saint Paul | $50,751,698 |
| Bethesda | Willmar | $50,461,847 |
| Catholic Charities of the Archdiocese of St Paul & Mpls | Minneapolis | $49,980,623 |
| Independent Community Bankers of America | Sauk Centre | $49,136,177 |
| Commonbond Communities | St Paul | $48,906,055 |
| Essentia Health Moose Lake | Moose Lake | $48,753,930 |
| Deer River Health Care Center Inc | Deer River | $47,744,262 |
| Healthpartners Rc | Bloomington | $47,691,099 |
| American Academy of Neurology | Minneapolis | $47,004,456 |
| Minnesota Orchestral Association | Minneapolis | $46,968,827 |
| American Academy of Neurology Institute | Minneapolis | $46,947,665 |
| Community Reinvestment Fund Inc | Minneapolis | $46,782,310 |
| Communitygiving | Saint Cloud | $46,201,694 |
| Greater Twin Cities United Way | Minneapolis | $45,329,603 |
| Minneapolis Jewish Federation | St Louis Park | $45,129,168 |
| Consolidated Telephone Company | Brainerd | $44,717,745 |
| Fraser | Richfield | $44,574,175 |
| Aeon | Minneapolis | $44,429,925 |
| Centracare Health System Sauk Centre | Sauk Centre | $44,423,575 |
| Bush Foundation | St Paul | $43,880,423 |
| Painters and Allied Trades District Council 82 Health Care Fund | Bloomington | $43,663,244 |
| Wells Fargo & Co Employee Benefit Trust for Retiree | Minneapolis | $43,285,880 |
| Borealis Philanthropy | Minneapolis | $42,473,306 |
| Katherine Wells Macmillan Foundation | Minneapolis | $41,837,081 |
| Federated Rural Electric Association | Jackson | $41,746,812 |
| Habitat for Humanity International Inc | Saint Paul | $41,669,226 |
| Xcel Energy Inc Veba Trust for Retired Employees | Minneapolis | $41,274,997 |
| Garden Valley Telephone Company | Erskine | $41,163,364 |
| Minneapolis College of Art & Design | Minneapolis | $40,585,478 |
| Greater Minnesota Housing Fund | St Paul | $40,328,548 |
| Science Museum of Minnesota | Saint Paul | $40,123,238 |
| The Hormel Foundation | Austin | $40,078,641 |
| Education Minnesota | Saint Paul | $39,957,316 |
| Shattuck-St Marys Schools | Faribault | $39,621,966 |
| Presbyterian Homes and Services | Roseville | $39,422,542 |
| Gulf Care Inc | Eden Prairie | $39,060,298 |
| Valley Senior Services Alliance | Roseville | $38,526,176 |
| Centracare Health System-Long Prairie | Long Prairie | $38,006,094 |
| Runestone Electric Association | Alexandria | $37,517,813 |
| Mille Lacs Energy Cooperative | Aitkin | $37,222,762 |
| Fairview Bethesda Hospital | Minneapolis | $37,127,678 |
| Allina Health Foundation | Minneapolis | $37,098,935 |
| Trellis Co | Minneapolis | $36,829,884 |
| Walker Methodist | Alexandria | $36,335,688 |
| Bethany Lutheran College & Seminary Inc | Mankato | $36,287,765 |
| Wild Rice Electric Cooperative Inc | Mahnomen | $35,813,069 |
| Utility Workers Union of America National Health and Welfare Fund | Bloomington | $34,859,755 |
| Manitou Fund | Saint Paul | $33,182,899 |
| J A Wedum Foundation | Plymouth | $32,945,038 |
| Guthrie Theatre Foundation | Minneapolis | $32,853,167 |
| Artspace Projects Inc | Minneapolis | $32,698,123 |
| Itasca Mantrap Co-Op Electrical Assn | Park Rapids | $32,595,678 |
| Minnco Credit Union | Cambridge | $32,345,803 |
| Meeker Cooperative Light & Power Association | Litchfield | $31,873,414 |
| Ghr Foundation | Minneapolis | $31,112,042 |
| American Registry of Radiologic Technologists | Saint Paul | $30,707,389 |
| Opus Foundation | Minneapolis | $29,163,336 |
| Minnesota Valley Cooperative Light and Power Association | Montevideo | $29,138,552 |
| Minnesota & N Dakota Bricklayers & Allied Craftworkers Health Fund | Mendota Hts | $28,445,942 |
| Goodman Family Operating Foundation | Chaska | $28,249,262 |
| Pipe Trades Services Mn Retiree Health Fund | White Bear Lake | $27,775,099 |
| South Central Electric Association | St James | $27,713,024 |
| Wayzata Bay Senior Housing Inc | Roseville | $25,298,676 |
| Providence Academy | Plymouth | $24,163,354 |
| American Public Media Group | Saint Paul | $24,103,617 |
| Wonderful Foundations | Minneapolis | $22,902,884 |
| Best Buy Foundation | Richfield | $22,277,118 |
| Economics Laboratory Foundation Ecolab Foundation | Saint Paul | $21,545,775 |
| Charles K Blandin Foundation | Grand Rapids | $21,347,021 |
| First Alliance Credit Union | Rochester | $21,320,406 |
| Sharepoint Credit Union | Bloomington | $20,304,843 |
| Co-Op Credit Union of Montevideo | Montevideo | $20,157,881 |
| My Credit Union | Bloomington | $19,141,834 |
| Northwest Area Foundation | Saint Paul | $18,866,245 |
| Jerome Foundation Inc | Saint Paul | $15,353,783 |
| Schoeneckers Foundation | Minneapolis | $12,855,958 |
| The Curtis L Carlson Family Foundation | Minnetonka | $12,427,978 |
| Wurtele Foundation | Minneapolis | $10,586,765 |
| Rbc Foundation USA | Minneapolis | $10,304,123 |
| Chs Foundation | Inver Grove | $10,119,491 |
| David and Janis Larson Foundation | Minneapolis | $9,997,119 |
| Lynne & Andrew Redleaf Foundation | Minneapolis | $7,705,753 |
| Tara Health Foundation | Minneapolis | $6,783,952 |
| Hugh J Andersen Foundation | Bayport | $6,493,377 |
| K A H R Foundation | Minnetrista | $6,088,932 |
| F R Bigelow Foundation Trust 555 | Saint Paul | $4,967,775 |
| Guilder Foundation | Minneapolis | $4,814,627 |
| Pohlad Family Foundation | Minneapolis | $4,344,928 |
| Kaena Foundation | Minneapolis | $4,219,572 |
| Nexus Community Partners | Minneapolis | $3,484,297 |
| The Jennings Family Foundation | Edina | $3,469,906 |
| Cargill Foundation | Minneapolis | $2,521,092 |
| Medtronic Communities Foundation | Minneapolis | $2,010,402 |
| James M Stanton Foundation | Bloomington | $1,977,324 |
| United Health Foundation | Eden Prairie | $989,251 |
| Xcel Energy Foundation | Minneapolis | $30,018 |
| Sauer Family Foundation | Saint Paul | -$628,452 |