Mission
The Northern State University Foundation is dedicated to securing the future of Northern State University. Its purpose is to solicit and administer funds and to pursue other activities to advance this goal.
Public Charity
Northern State University Foundation
Northern State University Foundation is a Public Charity headquartered in Aberdeen, SD. Financial data from the 2025 filing: $12.6M revenue, $9.3M expenses, $76.2M total assets. 79 publicly reported grants to this organization, totaling roughly $37.7M, appear in IRS filings.
EIN: 237002314
Aberdeen, SD
Latest filing: 2025
Total Revenue$12.6M
Total Expenses$9.3M
Total Assets$76.2M
Grant Records79
Funding Total$37.7M
Filing Years2021–2025
Where $100 goes at Northern State University Foundation
How Northern State University Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$92
Programs
the work itself
$5
Management
running the organization
$3
Fundraising
raising the next dollar
Inside the $92 for programs
$50
NSU Foundation paid 902 academic, 849 departmental, and 668 athletic scholarships to students attending Northern State University
$40
NSU Foundation provided funds to support Northern State University special projects, including departmental support of $2,155,674, athletic support of $902,781, and operational support of $146,985
$2
NSU Foundation provided support for alumni events to develop a spirit of camaraderie and fraternity among the NSU alumni, donors, and friends
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
GENERAL SUPPORT
$11,000
Donation
$500,000
Education
$184,203
For grant recipient's exempt purposes
$137,500
General Support
$25,000
Showing up to 5 of 79 total records — full history available with membership.
Officers & Directors
Secretary
Alex Grieben
Director
Allie Ryckman
Director
Arthur Russo
Director
Chad Bergan To Sep 2024
Non-Voting Director
Dr Neal Schnoor To May 2025
Director
Eric Payne From Oct 2024
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $12.6M | $9.3M | $76.2M |
| 2024 | $13.5M | $8.5M | $70.8M |
| 2023 | $8.4M | $7.7M | $63.5M |
| 2022 | $9.4M | $11.2M | $67.5M |
| 2021 | $9.5M | $35.9M | $76.4M |
Between 2021 and 2025, reported annual revenue grew from $9.5M to $12.6M (+32%), with total assets most recently reported at $76.2M.
Interactive year-over-year charts and full filing details available with membership.