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  1. Our Company
  2. Governance
  3. Principles & Ethics
  4. Political Contribution Policy
Abstract dots
Principles and Ethics

Political contribution policy

Page outlining Medtronic’s political contribution policy.

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Medtronic encourages the advancement of sound public policy that supports our Mission. Any support for candidates is made in compliance with applicable law. Federal law prohibits corporations from making political contributions to federal candidates or party committees, but corporations may establish political action committees funded solely through voluntary employee contributions. Some jurisdictions permit corporate contributions to state and local candidates.

PAC Contributions

To encourage the advancement of public policy that supports our Mission, Medtronic has established the Medtronic PAC, an employee-based, voluntary, non-partisan political action committee. The Medtronic PAC, governed by a Board of Directors comprised of employees and executives of Medtronic, has adopted by-laws and operational guidelines that include criteria for disbursements by the Medtronic PAC to federal candidates. The following is a summary of the guidelines:

  • To determine if a federal candidate is eligible for Medtronic PAC contributions, candidates should first demonstrate behavior consistent with the values outlined in the Medtronic Mission and the principles of American democracy before being evaluated against criteria such as key committee assignments, leadership, a history of support for Medtronic and industry-related issues, and constituent representation.
  • The Medtronic PAC Board of Directors approves all disbursements.
  • The Medtronic PAC does not support Presidential candidates at any stage in the campaign process.
  • The Medtronic PAC reports all financial activity as required by law to the Federal Election Commission.

Corporate Contributions

In jurisdictions that permit corporations to make contributions to campaigns of state and local candidates or party committees, Medtronic uses the same criteria and framework to evaluate such contributions.

Under the Medtronic Corporate Contributions Policy, Medtronic may contribute corporate funds where allowed by law. Under the policy, all corporate political contributions are subject to approval by a three-member Corporate Political Fund Committee to include the Chief Financial Officer, the General Counsel and the Vice President of Government Affairs. The Committee reviews all corporate contribution recommendations based on guidelines consistent with Medtronic’s overall contribution strategy and candidate evaluation criteria. In addition, on an annual basis the Nominating and Corporate Governance Committee of the Board of Directors reviews corporate political contributions.

Disclosure

Medtronic adheres to all state and federal laws regarding disclosure of corporate contributions for political activities and Medtronic PAC contributions. In the interest of transparency to our shareholders, we make available semiannually a list of all political contributions made by Medtronic and the Medtronic PAC and, commencing in 2012, all dues in excess of $25,000 paid to trade associations and other tax-exempt organizations. Please use the following links to review our reports:

Political Contributions

Medtronic PAC January 1 -December 31, 2024
Medtronic PAC January 1 -December 31, 2024 (open in new window)

A list of political contributions made by Medtronic January through December 2024

PDF 137 KB
Medtronic PAC January 1, 2023 – December 30, 2023
Medtronic PAC January 1, 2023 – December 30, 2023 (open in new window)

A list of political contributions made by Medtronic in 2023

PDF 144 KB
Medtronic PAC contributions 2022
Medtronic PAC contributions 2022 (open in new window)

A list of political contributions made by Medtronic in 2022

PDF 120 KB
Political Contributions 2021
Political Contributions 2021 (open in new window)

A list of political contributions made by Medtronic in 2021

PDF 89 KB
Political Contributions 2020
Political Contributions 2020 (open in new window)

A list of political contributions made by Medtronic in 2020.

ECONOMICS AND REIMBURSEMENT PDF 95 KB
Political Contributions 2019
Political Contributions 2019 (open in new window)

A list of political contributions made by Medtronic in 2019

PDF 100 KB
Medtronic Political Contributions: January 1, 2018 - December 31, 2018
Medtronic Political Contributions: January 1, 2018 - December 31, 2018 (open in new window)

Medtronic political contributions from January 1, 2018, to December 31, 2018.

PDF 130 KB
Medtronic Political Contributions: January 1, 2017 - December 31, 2017
Medtronic Political Contributions: January 1, 2017 - December 31, 2017 (open in new window)

Medtronic political contributions from January 1, 2017 - December 31, 2017.

PDF 121 KB
Political Contributions 2016
Political Contributions 2016 (open in new window)

A list of political contributions made by Medtronic in 2016

PDF 55 KB
Political Contributions 2015
Political Contributions 2015 (open in new window)

A list of political contributions made by Medtronic in 2015

PDF 64 KB
Political Contributions 2014
Political Contributions 2014 (open in new window)

A list of political contributions made by Medtronic in 2014

PDF 136 KB
Political Contributions 2013
Political Contributions 2013 (open in new window)

A list of political contributions made by Medtronic in 2013

PDF 164 KB
Political Contributions 2012
Political Contributions 2012

A list of political contributions made by Medtronic in 2012

PDF 110 KB
Political Contributions 2011
Political Contributions 2011 (open in new window)

A list of political contributions made by Medtronic in 2011

PDF 95 KB

Association Dues Payments

Medtronic Association Dues Payments January 1 – December 31, 2024
Medtronic Association Dues Payments January 1 – December 31, 2024 (open in new window)

Medtronic Association Dues Payments January 1 –June 30, 2024

PDF 138 KB
Medtronic Association Dues Payments January 1 –December 30, 2023
Medtronic Association Dues Payments January 1 –December 30, 2023 (open in new window)

Medtronic Association Dues Payments January 1 – December 30, 2023

PDF 136 KB
Medtronic Association Dues Payments 2022
Medtronic Association Dues Payments 2022 (open in new window)

Medtronic Association Dues Payments 2022

PDF 97 KB
Medtronic Association Dues Payments January 1 – December 31, 2021
Medtronic Association Dues Payments January 1 – December 31, 2021 (open in new window)

Medtronic Association Dues Payments January 1 – December 31, 2021

PDF 100 KB
Association Dues Payments 2020
Association Dues Payments 2020 (open in new window)

Association Dues Payments 2020

PDF 112 KB
Association Dues Payments 2019
Association Dues Payments 2019 (open in new window)

Association Dues Payments 2019

PDF 112 KB
Medtronic Association Dues Payments: January 1, 2018 - December 31, 2018
Medtronic Association Dues Payments: January 1, 2018 - December 31, 2018 (open in new window)

Medtronic association dues payments from January 1, 2018, to December 31, 2018.

PDF 53 KB
Association Dues Payments 2017
Association Dues Payments 2017 (open in new window)

Association Dues Payments for 2017

PDF 36 KB
Association Dues Payments 2016
Association Dues Payments 2016 (open in new window)

Association Dues Payments for 2016

PDF 31 KB
Association Dues Payments 2015
Association Dues Payments 2015 (open in new window)

Association Dues Payments for 2015

PDF 70 KB
Association Dues Payments 2014
Association Dues Payments 2014 (open in new window)

Association Dues Payments for 2014

PDF 25 KB
Association Dues Payments 2013
Association Dues Payments 2013 (open in new window)

Association Dues Payments for 2013

PDF 18 KB
Association Dues Payments 2012
Association Dues Payments 2012 (open in new window)

Association Dues Payments for 2012

PDF 26 KB

Questions about political contributions can be directed to our Vice President, Government Affairs, 950 F Street, NW, Suite 500 Washington, DC 20004.

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