MHIF Annual Report 2007

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MHIF Annual Report 2007

  1. 1. Imagine the possibilities MHIF 2007 Annual Report
  2. 2. Imagine a world without heart disease... a world filled with new medical possibilities in the form of more effective diagnostic techniques and treatment protocols – a world where individuals live healthier, more productive lives by addressing cardiovascular risk factors before they become a problem. This is the vision of the Minneapolis Heart Institute Foundation. Through ground-breaking clinical research, education initiatives and health behavior change programs, we are making a tangible impact on improving individuals’ health and reducing the mortality rate associated with cardiovascular disease. We invite you to join us in envisioning the possibilities. With your support, together we can create a world without heart disease. Imagine the possibilities 2 3
  3. 3. Imagine the possibilities... Dear Friends, 2007 signaled significant investment by the Minneapolis Heart Institute Foundation in people, programs and processes. As you’ll see in At the Annual Meeting in April, Marna Fullerton and Emily Anne Tuttle were elected to the Board of Directors, the pages that follow, we achieved substantial program and financial outcomes, including successful research and education initiatives, new representing the Board of the Abbott Northwestern Hospital Foundation. Sid Mallory, Executive Vice President leadership and team-building, and development and expansion of external relationships. of the Allina Office of Philanthropy, and Rich Meyer, President of the Abbott Northwestern Hospital Foundation, have joined as Ex-Officio members. MHIF Board members Ann Bentdahl, Frazier Eales, MD and Thomas A. Keller, III were similarly elected to the Abbott Northwestern Hospital Foundation Board as part of an agreement between Our research programs grew in the past year, with approximately 60 studies actively recruiting and a total of 130 open studies. At the same Allina, ANWF and MHIF. time, the Foundation assumed responsibility in 2007 for Continuing Medical Education, conducting the Grand Rounds program each Monday morning and sponsoring a well-attended Vascular Masters CME program. Publications of articles and reports in peer-reviewed journals, presentations at national scientific meetings and organizational leadership have achieved an all-time high, again reinforcing the Brigid Bonner and Archie Smith completed two terms on the Board in April and Katherine Hiyane-Brown resigned standing of MHIF among the top ten cardiovascular clinical research and education centers in the nation. from her position in June. To them we offer our deepest thanks for their energetic service and contributions to our growth. Financially, the year resulted in positive unrestricted net assets for the first time since 2003, with significant and positive operating results. Stuart Nolan Audited total liabilities and net assets show a balance of $22,976,891, up from $21,236,362 in 2006. Total support and revenue was Jackie Boucher, Vice President for Education and Joseph Cosico, Vice President for Research Operations, began their $9,312,014 and unrestricted revenue was $7,951,136, with expenses of $6,928,915. work in spring of 2007, bringing new dynamism and experience to the leadership team of MHIF. More funds were contributed than ever before. Special events such as the Golf Event, the 25th Anniversary Gala Dinner and house parties We wish to extend our personal appreciation to all of you who contributed to this success with your time, knowledge set new records. Leadership gifts from the Jon Holden DeHaan Foundation, Medtronic, Piper Jaffray & Company, Mr. A.W. Cherne, Mrs. and resources. Special thanks to our Board of Directors for their oversight, wisdom and 100% participation in our Judy Dayton, Mrs. Beverlee Dorn, the Charles F. Koplen Estate and Mr. and Mrs. Thomas P. Lowe set the momentum for a financially Annual Fund; to the Minneapolis Heart Institute® physicians and staff who contributed generously to our programs strong year. We wish to thank our very generous sponsors and donors for their support of our pioneering cardiovascular research and in many valuable ways; to our dedicated, talented and loyal staff; to our Research Partners for working with us to education programs. achieve remarkable results; and to our many wonderful donors for joining us in our drive to create a world without heart disease. Many individuals and organizations assumed major leadership roles to reach a record $1.6 million in annual gifts. Special thanks to Jerry Johnson, Chair of the Development Committee; Ray and Shirley Bentdahl, Chairs of the 25th Anniversary Gala; Kevin and Irene Graham, We look forward to continued growth and success in 2008. Physician Chairs of the 25th Anniversary Gala; and Andrew Kiernan, Chair of the Annual Golf Event. We extend our thanks to these James V. Toscano individuals and all of the wonderful volunteers who helped ensure unprecedented success this past year. Sincerely, Stuart Nolan James V. Toscano Chair of the Board of Directors President 4 5
  4. 4. Developing Emergency Cardiac Service Protocols to The Face Of Heart Disease Reduce Mortality ...is not who you expect. “ As a cancer survivor, I had beaten the odds – until I collapsed from a ruptured artery. Thanks to the innovative therapeutic hypothermia program and the wonderful care I received, I’m When an individual is experiencing heart attack symptoms, every second counts. That’s why optimized emergency cardiac service protocols are so critical. back to 100% and able to see my kids grow up. ” Sarah, 32 Dr. Timothy Henry, Director of Research at the Minneapolis Heart Institute Foundation, has led efforts to define a standardized protocol and integrated Cardiovascular disease is not always predictable. Such was the case when Sarah – a physically fit nurse transfer system to move heart attack victims within a 210 mile radius to a and mother of two teenage children – arrived at the Abbott Northwestern Hospital Emergency Room qualified emergency cardiac treatment facility in under 90 minutes. This after collapsing in her own backyard. When the paramedics arrived, Sarah was in cardiac arrest and not Level One protocol has resulted in a 50% reduction in mortality rate and the breathing. They revived her and rushed her to the hospital. Foundation has trained over 50 hospitals around the country to leverage this life-saving team approach. In August, the Wall Street Journal featured a front- Completing a CT scan upon admission, physicians quickly diagnosed Sarah with a coronary artery page article on the program’s potential to shorten treatment time and save dissection. She was quickly transferred to a cath lab where her body temperature was lowered as an tens of thousands of lives. emergency angioplasty was performed. The immediate application of therapeutic cooling prevented irreversible brain damage. Dr. Michael Mooney’s extensive research on therapeutic hypothermia has advanced the Level One protocol by immediately lowering the After just two and a half months, Sarah is back working full time as a nurse and enjoying quality time body temperature of heart attack victims to prevent the onset of serious with her children. “How blessed I feel to live in a community where such advanced cardiovascular neurological damage. Foundation researchers have also extended Level practices are available.” One principles to more quickly diagnose and treat other life threatening conditions such as aortic dissection – a potentially catastrophic occurrence in which 1-2% of patients die each hour surgery is delayed. Fact: Brain damage can occur just 4-6 minutes after the heart stops pumping blood, making time and It’s through generous contributions like yours that new success stories are being told every day. temperature critical in successfully treating cardiac arrest. 6 7
  5. 5. Identifying Risk Factors and Creating Guidelines to The Face Of Heart Disease Save Lives ...could be a family member. “ I feel like the guy on the cell phone commercial who has all those people standing behind him. All the folks at the HCM Center ensured that I received the highest level of care. I am truly One in 500 people currently have a genetic predisposition for hypertrophic cardiomyopathy (HCM), a leading cause of sudden death – and don’t even know it. An estimated 600,000 Americans live with HCM, more than grateful for them. ” Karen, 49 multiple sclerosis and cystic fibrosis combined, and 6,000 die each year from this genetic disorder. “My first brother died from HCM at age 20 and another died at age 34. Ten years ago my Dad was Dr. Barry Maron, Director of the HCM Center at the Minneapolis Heart diagnosed and then my son after passing out before a basketball game. In 2003, I was told that I had the Institute Foundation, is a clinical research pioneer in the diagnosis, treatment disease as well.” and management of HCM. Based on his research, he was the first to recommend managing HCM with implantable cardioverter defibrillators Karen, a kindergarten teacher in Duluth with five adult children, fully understands that HCM can strike without (ICDs) and has developed leading-edge guidelines for the effective care of notice. She knows this genetic predisposition is hereditary and apt to affect many members within the same individuals living with this condition. Dr. Maron was honored with the family. She counts on the guidelines developed by the HCM Center to ensure that her family is managing their American Heart Association’s Heart & Stroke Hero Award in 2007. condition in a way that will prolong their lives. The HCM Center plays a leading role in learning how to prevent sudden After being diagnosed with HCM, Dr. Maron recommended that Karen have an ICD implanted. Shortly thereafter, death in athletes, a growing public health concern resulting in 125 deaths she was awakened at 5:30 am with a jolt. Her quarterly check-up indicated that her ICD had delivered this life- each year. The HCM Center is gathering information critical to scientific saving shock. Last August, again while she was asleep, the device saved her a second time. Karen repeatedly expresses investigation. Preliminary statistics from its National Registry for Sudden her gratitude for being given a longer lease on life. Death in Athletes show that HCM is responsible for 5-10 times more deaths than originally predicted and indicate that women and African Americans are not receiving adequate levels of diagnosis and treatment. Fact: Out of the 1,000 individuals in the HCM Center’s patient registry, over 150 have already received a life- Your contributions have a direct impact on reducing mortality, improving health saving shock from their ICD. and increasing quality of life. 8 9
  6. 6. Pioneering Research to Improve Health and The Face Of Heart Disease Quality of Life ...might be standing next to you. “ I was told that I was not in good enough physical condition to undergo surgery. This new What do you do when heart disease negatively impacts your health and quality of life – and you’ve been told that your condition cannot be research procedure worked wonders and now I’m back singing with the Troubadours. Robert, 84 ” controlled with medications and that you are not a viable candidate for open heart surgery? Robert, a retired minister who lives in Northfield with his wife of 62 years, was suffering Current research being conducted by the Minneapolis Heart Institute from memory loss, insomnia, coughing and loss of breath. His physical condition prevented Foundation has yielded highly promising results using a patient’s own him from undergoing invasive valve surgery, so he sought other solutions that would improve his health stem cells to grow new blood vessels and heart tissue. The Foundation’s and offer him the same quality of life he previously enjoyed. OPTIMIST Program is applying these ground-breaking research protocols and is tracking 1,200 patients from more than 30 states in its database. A Minneapolis Heart Institute® cardiologist in an outreach clinic informed Robert about the new research Led by Dr. Timothy Henry and Dr. Jay Traverse, the National Institutes of procedure called RADAR being piloted by the Foundation. In lieu of open heart surgery and the difficult Health has designated the Foundation’s collaboration with the University recovery period that follows, Robert elected to undergo this catheterization and radiation procedure. After a few of Minnesota, the Veteran’s Administration and the Hennepin County days, he was able to return home and soon resume his daily activities. Medical Center as one of five Centers of Excellence in cardiovascular stem cell research in the country. The other four centers include Cleveland Clinic, Robert is now back singing with the Troubadours, a community men’s chorus, as a first tenor. His blood flow has University of Florida at Gainesville, Texas Heart Institute at St. Luke’s greatly improved, allowing him to walk more, sleep better and enjoy conversations with his friends – the simple Hospital and Vanderbilt University. things that most of us take for granted truly make a difference for Robert. Led by Dr. Wesley Pedersen, the Foundation is sponsoring the national RADAR pilot study which employs balloons led by catheters and applies radiation therapy to open aortic heart valves. This protocol allows older patients suffering from debilitating chest pain to regain a high quality of life without the risk of surgery or need to enter a long-term care facility. Fact: MHIF has conducted more adult cardiovascular stem cell transplants than any other center in the U.S. There’s still so much left to discover. Your gifts improve cardiovascular health in our community. 10 11
  7. 7. Ensuring Accurate Diagnosis for Appropriate The Face Of Heart Disease Cardiovascular Care ...is female, 51% of the time. “ They thought it was just anxiety – but it proved to be a heart attack. We all need to better understand how heart disease affects women. ” Kim, 44 More women die each year from heart disease than men, yet a much lower percentage of women are diagnosed and given treatment in a timely and effective manner. This is due to a knowledge gap among the general public A competitive college swimmer and physically active mother of four, Kim at age 36 knew something was and medical communities regarding the unique heart health risk factors and wrong when she experienced long-lasting flu-like symptoms and felt winded after climbing a flight of disease symptoms experienced by women. stairs. She went for a stress test and was told that her negative results were probably anxiety driven. Given her elevated cholesterol levels and state of distress, Kim’s husband insisted on calling a cardiologist who The Minneapolis Heart Institute Foundation is committed to discovering diagnosed that Kim was indeed suffering a heart attack. the most effective methods of heart disease diagnosis and treatment specific to women. Historically, women have comprised only 25% of participants in After her recovery, Kim found it difficult to find support from other young women who shared all heart-related clinical research studies indicating that more investigation her experience. She felt alone and unprepared to deal both mentally and emotionally with her heart is necessary. To this end, the Women’s Support Group was piloted as an disease. Six years later, she had another severe cardiac arrest, after which she joined the Women’s Support Group – a approach for reducing feelings of isolation in women recovering from a heart pilot program offered by the Minneapolis Heart Institute Foundation. This care group provided the support she had attack, which is a serious risk factor. Another current pilot study is testing the been seeking, as well as education from experienced cardiologists. efficacy of three stress intervention techniques including social support, web- based strategies and the practice of mindfulness meditation. Today, Kim is enjoying her active life and has become an activist for educating others about the unique heart disease risks and symptoms associated with women. By adding to the body of cardiovascular disease research specific to women, the Foundation is directly improving the health and quality of life for mothers, daughters and their entire families. Fact: 8,000,000 American women are currently living with heart disease and 6,000,000 of them have already As a supporter of Foundation research and education, you are helping change the face of heart disease. experienced a heart attack or angina. 12 13
  8. 8. Innovating the Next Level of Cardiovascular Treatment The Face Of Heart Disease ...is being treated in new ways. “ My leg cramps prevented me from doing the daily activities that allowed me to live independently. The CLEVER trial helped me realize that simple exercise and The Minneapolis Heart Institute Foundation is identifying and educating the professional community about less costly and less invasive clinical practices to enhance quality of life and reduce mortality associated with heart disease. medication could make a huge difference. ” Don, 70 Having created the country’s largest database of patient CT angiogram images, the Foundation is helping to construct protocol guidelines, train Don, a widower of seven years, is accustomed to taking care of his daily needs. When severe leg physicians and write board examinations for using advanced imaging cramps made it no longer possible to go shopping or do yard work, he sought medical treatment. techniques to diagnose and treat cardiovascular risks before they become Twice, cardiovascular procedures targeted at alleviating the pain had to be aborted due to his physical disabling. The financial impact of these new medical practices is significant. condition. Dr. Robert Schwartz, Director of Pre-Clinical Research and Imaging, estimates that heart scans and preventative actions range from $800 to Then, Don met Dr. Alan Hirsch and learned about the CLEVER trial he was conducting for $2,500 per patient, versus the average $50,000 spent on post-heart attack individuals suffering symptoms similar to his own. Don joined the program and began a regular surgery and care. The Foundation is working to identify and prevent regimen of cardiac rehab therapy that included walking an hour on a treadmill three times a week in cardiovascular disease at the earliest possible stage. combination with taking a drug to dilate his femoral arteries, allowing the blood to flow more freely to his feet. Dr. Alan Hirsch is leading a 20 site clinical trial (the CLEVER study) evaluating the benefit, risk and economic impact of leveraging angioplasty, After just six months, stress tests showed that Don had increased his ability from walking just four minutes on exercise and pharmacologic therapies in lieu of more invasive surgical a level grade to over 14 minutes on an incline. He no longer experiences leg pain and is now able to enjoy yard practices to treat peripheral arterial disease (PAD) – a condition which can work, fishing and playing with his four grandchildren. Don continues to walk on his treadmill and is grateful for cause pain and, in severe cases, result in the loss of a limb. Clinical research regaining the ability to once again be pain free. and education initiatives like these are changing the way that heart disease is prevented, diagnosed and treated. Fact: Peripheral arterial disease affects 8,000,000 Americans. Diagnosis is critical and those with PAD have a Many donors like you are creating a lasting legacy by making endowed gifts. 4-5 times higher risk of heart attack or stroke. 14 15
  9. 9. Financial Highlights Imagine the possibilities... Minneapolis Heart Institute Foundation Audited Summary of Revenue and Expenses - 2007 Minneapolis Heart Institute Foundation Audited Balance Sheet Summary - 12/31/2008 Temporarily & Permanently Revenues Restricted Revenues 16% Contributions 19% Education Improves Our Future Assets Cash and Equivalents $1,314,014 At the Minneapolis Heart Institute Foundation, research and education practices inform one another and in concert, Investment Gains 12% Investments $17,963,684 improve the health and care of individuals with cardiovascular disease. In 2007, the Foundation added new professional Sponsorships 10% Contributions Receivable $385,687 education offerings to its already strong base of community education initiatives. The Foundation educated hundreds of Pledges Receivable $1,679,858 health professionals on the latest cardiovascular research protocols and findings through national Level One trainings, a Income from Services 7% Other Receivables $1,414,340 national satellite symposium on refractory angina and numerous local programs. Licensing Fees 7% Other Assets $18,395 Research Study Revenues 29% Fixed Assets (net) $200,913 At the same time, the Foundation conducted screenings and health presentations at over 260 sites and reached nearly 5,000 Total Assets $22,976,891 Contributions $1,801,165 4th graders across the state of Minnesota through the HiTECH Heart program. Development of an interactive electronic Sponsorships $884,982 curriculum for K-12 students is underway, as well as a new web-site providing online communities and health behavior Research Study Revenues $2,689,025 Liabilities change programs. Moving forward, the Foundation’s educational approach is to develop programs that reach more people, Licensing Fees $684,816 Accounts Payable $330,181 have greater impact and significantly improve the overall health of our community. Income from Services $692,631 Accrued Payroll $378,338 Investment Gains $1,115,510 Accrued Pension $297,614 Temporarily & Permanently $1,443,885 Other Accrued Expenses $205,235 Restricted Revenues Annuity Payment Liability $183,509 Planned Giving Enhances Your Impact Sources of Revenue $9,312,014 Deferred Revenue $155,921 Total Liabilities $1,550,798 What do you want your legacy to be? What will be your impact on heart disease? Expenses Administration 12% Net Assets At the Minneapolis Heart Institute Foundation, we aim to understand your needs first and then match your wishes with the goals of the Unrestricted $522,316 Foundation. Our role, in collaboration with your advisors, is to help you integrate personal planning and philanthropic goals with tax and Unrestricted - Board Designated Fund Raising 10% Endowment $5,837,730 financial planning objectives. Research 69% Temporarily Restricted $2,908,921 This is the role that Michael Schroeder fulfilled for Dick Haag, a generous life-long donor who expressed an interest in endowing the research Restricted $12,157,126 of the Minneapolis Heart Institute Foundation. This interest grew out of a friendship with the late auto dealer Rudy Luther. Both Dick and Education 9% Total Net Assets $21,426,093 Rudy set plans in place to strengthen the financial base for future cardiovascular research. Total Liabilities and Net Assets $22,976,891 Program Services Education $593,354 Dick, with the assistance of his attorney and accountant, established a Charitable Gift Annuity that pays an income to him during his lifetime. Research $4,764,548 At his death, the annuity will distribute the assets to the Foundation to perpetuate its clinical research. Total Program Services $5,357,902 We look forward to assisting you as you define your own personal legacy plan. To better understand how a planned gift might be structured to Supporting Services benefit you and provide a lasting legacy at the Minneapolis Heart Institute Foundation, please contact us at 612-863-3833. Administration $849,647 Fund Raising $721,366 Total Supporting Services $1,571,013 Fact: In 2007, MHIF coordinated Grand Rounds and the Vascular Masters Program to promote continuing medical education in the field. Change in Net Assets $2,383,099 16 17
  10. 10. Dr. and Mrs. Terrence Longe Mr. and Mrs. Dennis L. Senneseth Estate of Eva G. Holmes* Dean I. Moore Demitre Nicoloff Contributors Mr. and Mrs. Donald J. Lucker Leonard* and Zetta Shapiro Excel Bank Mr. and Mrs. John Mooty Endowment for Research in Mr. and Mrs. Bruce Lundeen Dr. and Mrs. Scott Sharkey Mr. and Mrs. Keith L. Flom Ms. Jolene C. Morgan Cardiovascular Surgery The men, women, corporations and foundations whose names appear below have made an important financial contribution toward creating a world Walt* and Jan* Lundeen Sieff Family Foundation Mr. and Mrs. Edward Fong Murphy Insurance Agency Mrs. Beverlee Dorn Lunds Siemens Medical Systems, Inc. Frank Mastoloni & Sons, Inc. Mr. and Mrs. Steve Musser Mrs. Sheiva Kudishevich without heart disease. Lupient Automotive Group Mr. and Mrs. Archie Smith Mr. and Mrs. Ivan A. Gelabert Mr. and Mrs. Michael J. Nelson Mr. and Mrs. Dan Luther Mary A. Smith Estate* Gerilyn, Paul, Jr., Tom and Sarah Giel Ms. Lorraine W. Neuger $100,000 and above Mr. and Mrs. David Luther Spell Family Foundation Mr. and Mrs. Jeffery C. Gleason Mr. and Mrs. Richard E. Nordstrom Mrs. Beverlee Dorn The Foundation is thankful for their contributions and is pleased to recognize their generosity. The inclusion and spelling of your name is important. Luther Family Foundation Mr. Dan J. Spiegel Mr. and Mrs. Stanley B. Goodman Ms. Joan E. Noun Mrs. Judy Dayton Mr. and Mrs. John H. Lynch Maurice* and Mitz* Spiegel Dr. and Mrs. Charles Gornick Mr. and Mrs. Jerry V. Noyce Jon Holden DeHaan Foundation Please call the Foundation at 612-863-3958 if you notice any errors. Thank you. Mr. and Mrs. Harvey Mackay Family Philantropic Fund Dr. Elizabeth Grey and Dr. Martin Asis Ms. Ellen M. Olson Mr. and Mrs. Charles F. Koplen* Dr. and Mrs. James Madison Jack and Elva* Spillane Ms. Joan M. Harper Ms. Doris Overby Mr. and Mrs. Thomas P. Lowe Mr. and Mrs. Thomas F. Madison Mr. and Mrs. William H. Spoor Dr. Kevin and Ila Harris Dr. Luis Pagan-Carlo Medtronic, Inc. Legacy Circle Founders Society Mr. and Mrs. Dennis Mathisen Mr. and Mrs. Ron M. Burton Greystone Foundation Mr. George A. Mairs III Mr. and Mrs. Gary St. Marie Mr. and Mrs. Paul R. Hartig Ms. Rebecca A. Patient Estate Provision Minneapolis Cardiology Associates Mr. and Mrs. Rodney Burwell Groves Foundation Ms. Rose Mallinger* Estate Dr. and Mrs. Peter Stokman Dr. and Mrs. Robert Hauser Mr. and Mrs. Ronald L. Paulson $25,000 - $99,999 The Founders Society recognizes pledges and John W. Mooty and Jane N. Mooty Business Data Record Services Mr. and Mrs. John F. Grundhofer Marbrook Foundation Clair* and Gladys Strommen Dr. Tim Henry Mr. and Mrs. Donald R. Pearson Abbott Laboratories These individuals and couples have cumulative giving of $25,000 and greater. Foundation Trust Mr. Billy Bye Dr. Kevin and Ila Harris Mary A. Smith Estate* Mr. and Mrs. Lee N. Sundet William T. Hession, M.D. Dr. and Mrs. Wesley Pedersen Allina Health System committed to ensuring that the future of the The Founders Society includes the four Mr. and Mrs. Stuart Nolan C.H. Carpenter Lumber Mr. and Mrs. Howard J. Hawkins Robert* and Cynthia McGarvey Dr. and Mrs. Chuen Tang in memory of Brendan Hession Peter Storm, Inc. Apogee Enterprises, Inc. Foundation is financially secure through an giving levels denoted below: Old Dutch Foods, Inc. Cardiac Surgical Associates Hawkins, Inc. Mr. and Mrs. Burton J. McGlynn Tapemark Company estate designation: Paul G. Allen Foundation Ted* and Katy Carlsen Dr. and Mrs. Richard Hazen Mr. Richard F. McNamara TCF Foundation Principals SciCom Data Services Mr. Jeffrey Carlson Mr. and Mrs. Douglas Heltne Mr. and Mrs. William McReavy Mr. and Mrs. Bruce Telander Thelma Aaby* $1,000,000 and above Sit Investment Associates, Inc. Ceridian Corp. Mr. Larry Hendrickson Meritex Foundation Thelma E. Aaby* Evelyn Inger Anderson* Abbott Northwestern Hospital Spell Family Foundation Mr. James Chafoulias Dr. Timothy Henry Midway National Bank Mr. and Mrs. Jack Thesenga Ward and Linda Anderson Mrs. Beverlee Dorn Spring Lake Park Lions Dr. and Mrs. Ivan Chavez Dr. William T. Hession Rolf Andreassen, M.D. Tom and Mari Lowe St. Jude Medical, Inc. Mr. A. W. Cherne Mr. and Mrs. Al Hilde, Jr. Midwest Vending, Inc. Dr. Jay and Sarah Traverse “Our community and the wider world is uniquely fortunate to Dr. and Mrs. Simon Milstein UBS Financial Services, Inc. Conley Brooks, Sr. Rudy* and Shirley* Luther Fund of Thrivent Financial for Lutherans Mr. Lloyd G. Cherne* Mr. Louis F. Hill The Minneapolis Foundation / Varitronic Systems, Inc. have Dr. Robert Schwartz and his team exploring the cutting- Ellen Daufney* The Minneapolis Foundation Dr. and Mrs. Robert Van Tassel Mr. and Mrs. Jack Chestnut Hoechst Marion Rousel, Inc. Mary Durda-Knapp Medtronic, Inc. Jean and Sheldon Wert Mr. and Mrs. Richard Cohen Mr. and Mrs. Michael Horovitz Ankeny Family Fund Virchow Krause & Company, LLP edge of technology, research and treatment for the human heart The Minneapolis Foundation / ViroMed Company, LTD. Dorothy Ewing* William Randolph Hearst Foundation Mr.* and Mrs.* Sidney Cohen Horton, Inc. James and Chriss Renier Vital Images, Inc. at the outstanding Minneapolis Heart Institute Foundation.” Willard Goltz* Benefactors Community Credit Hubbard Broadcasting, Inc. Richard Haag $250,000 - $999,999 Founders Mrs. Marilyn Conlon Dr. David and Stacey Hurrell Minnesota Thoracic Associates, P.A. Thomas J. Von Rueden, MD Judy Dayton Mr. and Mrs. Gerald M. Mitchell Mr. John von Steinbergs M. Leonore Hannon* Boston Scientific $25,000 - $99,999 Consulting Radiologists, LTD. International Dairy Queen Dr. and Mrs. Michael Mooney Wallin Foundation C. Charles Jackson* Community Health Charities Minnesota Abbott Laboratories Mr. and Mrs. Rodney Cooperman Jack J. Jorgensen Charitable Trust Mr. and Mrs. John Morrison Walter G. Anderson, Inc. Joyce A. Johnson* Kenneth* and Judy Dayton Abbott Vascular Devices Mr. and Mrs. James R. Cote Mr. C. C. Jackson* Mr. Michael T. Mulligan Mr. William F. Wanner Viola Johnson* George Family Foundation Mr. and Mrs. Mike Allen D.J. Kranz Company, Inc. Jacobs Management Corp. Mr. and Mrs. Robert O. Naegele Mr. David Weiner Patricia Kelsey* Mr. Richard Haag Allianz Life Insurance Company David* and Dorothy Dalquist Mr. and Mrs. Benjamin S. Jaffray Mr. and Mrs. William Naegele Lucille S. Wellington Estate* Harold Kiecker* Jon Holden DeHaan Foundation Allina Health System Dr. James Daniel and Mrs. Judy McMahon Mrs. Patricia Jaffray Dr. and Mrs. Richard R. Nelson Wert Family Foundation Historic Plymouth Building Pikovsky Management, LLC Arbor Capital Management, LLC Jerry Kiernan* Mr. William A. Ross/William Ross Dr. and Mrs. Adrian Almquist Col.* and Mrs.* Thomas Davis The James & Jane Welch Foundation Mr. and Mrs. El Roy Nerness Mr. Dewey White* Dr. and Mrs. Morrison Hodges Ms. Ruth A. Pochucha Bacoustics, LLC Charles* and Shirley* Koplen Foundation Mrs. Jeanne Anderson Mr. and Mrs. Bruce Dayton Mr. and Mrs. Jim Jennings Dr. Demetre* and Arde F. Nicoloff Mr. and Mrs. Roger J. Wikner Ms. Barbara M. Howe Dr. and Mrs. Anil Poulose Mr. B. John Barry and Mrs. Cheryl Charolette Krueger* Mr. and Mrs. W. Shelley Walsh Mr. and Mrs. Lee R. Anderson DeCare Dental Dr. and Mrs. Randall Johnson Mr. and Mrs. Thomas D. Noble Max* and Helen* Winter Foundation Dr. David and Stacey Hurrell R. William and Mary Ann Reilly Sandeen Eleanor Larson* Mr. and Mrs. Lowell Anderson Deikel Family Foundation Joseph Durda Family Foundation Dr. and Mrs. William Northrup III Mr. and Mrs. David M. Winton Mr. and Mrs. Alan Ingber Foundation Timothy and Marque Ann Barton Grace Idella Mahlberg* Guardian Mr. John E. Andrus III Mr. and Mrs. Yale T. Dolginow Dr. and Mrs. Lyle Joyce Northwest Anesthesia, P.A. Wipfli, LLP IV Corp. Mr. Clifford M. Roberts Jr. Mr. and Mrs. Ray Bentdahl Rose Mallinger* $100,000 - $249,000 Apache Foundation Mr. and Mrs. Ernest F. Dorn, Jr. Thomas A. Keller III and Victoria H. Keller Mr. Earl B. Olson Mr. Michael Wright Ms. Lenore Jacobson Mr. and Mrs. William C. Rollefson Business Data Record Services Ivan Mathes* Ames Construction, Inc. Apogee Enterprises, Inc. Mrs. Lucia Duff Patricia Kelsey* Estate Mr. and Mrs. Vance Opperman Mr. and Mrs. Lowell Zitzloff Mr. and Mrs. Charles P. Jernell Royal Pearl Company Mr. A. W. Cherne J. Donald Meyer Mr. and Mrs. John Bacich Applied Power Products Mr. Jaye F. Dyer Mr. Andrew Kiernan Dr. John Overton and Dr. Ann Lowry Mr. and Mrs. Harry B. Johnson Mr. and Mrs. David J. Rudberg Community Health Charities A. Louis and Dorothy Neste Mr. B. John Barry and Arbor Capital Management, LLC Eagan Lion’s Club Mrs. Janet King Dr. Luis Pagan-Carlo The following gifts and pledges were Ms. Karen L. Johnson Mr. and Mrs. Arthur H. Schoenborn Mr. and Mrs. Bruce Dayton Gordon Olson Mrs. Cheryl Sandeen Ark Foundation Mr. and Mrs. William J. Edlefsen Dr. and Mrs. Michael King Paper Warehouse, Inc. received between January 1, 2007 and Ms. Joan D. Jorgensen Ms. Lory A. Schoffman DeCare Dental Aleck Ostrow* Dr. and Mrs. Ford Bell Dr. and Mrs. Kit Arom Dr. and Mrs. Robert Emery Dr. and Mrs. Joseph C. Kiser Parke-Davis December 31, 2007 Mr. and Mrs. Herb Kahler Mr. N. Theodore Seglem Dr. and Mrs. Frazier Eales Donald and Lucile Pearson Mr. and Mrs. Ray Bentdahl ArrowHead Capital Management, LLC Ernst & Young Mr. and Mrs. Robert Klas Sr. Mr. and Mrs. Donald R. Pearson M.B. Kaplan, M.D. Dr. Scott and Patricia Sharkey Excel Bank Ralph J. Peterson Berger Transfer & Storage, Inc. Bacoustics, LLC Mr. and Mrs. James Fetterly Dr. Thomas Knickelbine and Dr. and Mrs. Wesley Pedersen Paul Giel Endowment For Mr. and Mrs. Alvin Kaufman Mr. and Mrs. James H. Smith Ms. Barbara L. Forster Ilene Saunders* Mr. and Mrs. Conley Brooks Sr. The Baker Foundation Mr. and Mrs. Gary Fink Mrs. Heidi Chen Pfizer, Inc. Cardiovascular Research Mr. and Mrs. Stanley Kerber Dr. and Mrs. Peter Stokman Great Clips Inc. Margaret Schaefer* Mr. and Mrs. William R. Dircks Ms. Constance Bakken First Bank National Association Mr. and Mrs. David A. Koch Mr. and Mrs. Edward J. Phillips Ms. Diane Anderes Mr. and Mrs. Robert Klas Sr. Dr. and Mrs. Chuen Tang Lake Region Medical Alyce Scholten* Dr. and Mrs. Frazier Eales Mr. and Mrs. Earl Bakken Dr. and Mrs. Thomas Flavin Dr. Vibhu Kshettry and Piper Jaffray & Company Mr. and Mrs. Dean R. Anderson Dr. Thomas Knickelbine and Mr. and Mrs. Jack Thesenga Luther Family Foundation Paul J. Seyer Excel Bank Timothy and Marque Ann Barton Dr. Bjorn Flygenring and Mrs. Vala Hafstad Dr. Sharon Kshettry Mr. Raymond N. Plank Mr. and Mrs. Joseph C. Arbeiter Mrs. Heidi Chen Mr. and Mrs. David Thomas M&I Bank Mary Smith* Frederick O. Watson Foundation Mr. and Mrs. Paul Baszucki Ms. Barbara L. Forster Lake Region Medical Mr. Carl Pohlad / Carl and Eloise* Ms. Katherine L. Arbeiter Mr. and Mrs. Charles F. Koplen* Mr. and Mrs. Onan A. Thompson Mr. George A. Mairs III Roger Smith* Great Clips Inc. Mr. Craig Bentdahl and Mrs. Marna Fullerton Mr. and Mrs. John F. Lamoureux Pohlad Family Foundation B & A, Inc. Mr. Gerard W. Kranz Mr. and Mrs. Richard A. Tickle Piper Jaffray & Company Elva Spillane* Great River Energy Ms. Stephanie Simon General Mills Foundation Mr. Joseph Langer Mr. and Mrs. Ronald Poole Mr. B. John Barry and Mr. and Mrs. Allan Krejci Mr. and Mrs. David Tollefson Carl and Eloise Pohlad Family George Steponovitz* Guidant Mrs. Patricia Bergstrom Dr. and Mrs. Fredarick Gobel Mr. and Mrs. Harold W. Larson John* and Margaret Potter Mrs. Cheryl Sandeen Mr. and Mrs. William S. Lapp Ms. Ardith B. Toman Foundation Lois E. Thompson* Dr. and Mrs. Robert Hauser Mr. and Mrs. Ivan Bowen Mr. and Mrs. Robert Goldberger Mr. and Mrs. Dan Lastavich Dr. and Mrs. Anil Poulose Mr. and Mrs. Dean M. Bauerly Larkin, Hoffman, Daly & Lindgren Dr. Jay and Sarah Traverse Mr. William A. Ross / William A. Ross Frank Wallace* Holmes/CSM Family Foundation Mr. and Mrs. Wayne Boysen Mr. and Mrs. Herbert R. Goldenberg Dr. Casey Lawler and Dr. Marc Pritzker Mr. and Mrs. Donald R. Bergstrom Mr. and Mrs. Stanley J. Larson Mr. and Mrs. Gerald Utterberg Foundation Lucille Wellington* Hormel Foods Corporation Dr. Robert* and Maryann Brandenburg Dr. and Mrs. Irv Goldenberg Dr. Royce Lawler Protective Insurance Mr. and Mrs. Harold G. Bergstrom Dr. Casey Lawler and Dr. Royce Lawler Dr. and Mrs. Robert Van Tassel Spell Family Foundation Ms. Elizabeth H. Howell Mr. and Mrs. Frank J. Brennan Mr. and Mrs. Don Goldfus Mr. and Mrs. Larry Le Jeune Mr. William A. Purcell Mr. and Mrs. Earl L. Blaylock Dr. John Lesser and Dr. Julie Knier-Lesser Venture Bank Mr. Dan J. Spiegel James F. Bell Foundation Irving* and Beverly Brooks Mr. John B. Goodman Mr. and Mrs. Don C. Lein Mr. and Mrs. Noel Rahn Branch Landscape Nursery Mr. and Mrs. E. Thomas Lietzke William & Stuart Jewelry Co. St. Jude Medical, Inc. Mr. and Mrs. James Jundt Mr. and Mrs. Thomas Brosig Dr. and Mrs. Charles Gornick Mr. and Mrs. Stephen E. Lieberman Jerry* and Lillian Rau Ms. Zoe Ann Brandberg Mr. and Mrs. David G. Lillie Mr. and Mrs. Douglas Wills ViroMed Company, LTD. Jerry* and Linda Kiernan Dr. M. Nicholas Burke and Dr. and Mrs. Kevin Graham Lifetouch, Inc. Mr. Tom Redmond Mr. and Mrs. Matthew C. Bristol Ms. Karen A. Lindgren Mr. and Mrs. Donald W. Wilson Wert Family Foundation Mr.* and Mrs.* Charles F. Koplen Estate Susan Slattery-Burke Mr. James Grantman Mr. and Mrs. Dale Lindquist Mr. and Mrs. Thomas Rempfer Ms. Patricia D. Brooks Dr. and Mrs. Daniel Lips Mr. John F. Woodhead, III Dr. John Lesser and Dr. Julie Knier-Lesser Dr. and Mrs. Durand Burns The Greater Metro Auto Dealers Dr. William Lindsay Richard M. and Sandra J. Schulze Dr. M. Nicholas Burke and Mr. and Mrs. Thomas P. Lowe Mr. and Mrs. Robert Zagaros $10,000 - $24,999 M&I Bank Dr. and Mrs. Charles Burnside Association of MN Dr. and Mrs. Daniel Lips Family Fund Susan Slattery-Burke Mr. and Mrs. Peter Lupori Mr. and Mrs. Michael Afremov Mr. and Mrs. Harold Roitenberg Dr. and Mrs. Durand Burns Mr. and Mrs. James W. Marshall The following gifts were received between Alfred W. Erickson Foundation Mr. and Mrs. James Safley Ms. Phyllis L. Carrico Mr. and Mrs. Patrick J. Martyn January 1, 2007 and December 31, 2007 ArrowHead Capital Management, LLC Margaret R. Schaefer* Trust Dr. and Mrs. Ivan Chavez Mr. and Mrs. William J. McGlone Atritech, Inc. Schneider (USA), Inc. Ms. Yvonne M. Christensen Mr. and Mrs. Daryl S. McLinden Fredarick Gobel/Robert Van Tassel Mr. and Mrs. John Bacich Fact: MHIF researchers published over 100 articles in peer-reviewed journals and presented their findings at Mr. and Mrs. Richard Schneider Mr. and Mrs. Frederick D. Conrad Medtronic, Inc. Endowment for Research in Cardiology BankFirst Dr. and Mrs. Robert Schwartz Mrs. Judy Dayton Mr. and Mrs. Robert Mielke Mr. and Mrs. Thomas De Fore Boston Scientific Corporation over 125 lectures & poster talks in the past year. Ray* and Marie* Schweigert Dr. and Mrs. Frazier Eales Ms. Laverne H. Mitby Mr. and Mrs. William R. Dircks 18 *Deceased 19

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