Public Charity

THE NORTHERN MICHIGAN UNIVERSITY FOUNDATION

THE NORTHERN MICHIGAN UNIVERSITY FOUNDATION, of MARQUETTE, MI, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $12.6M in revenue, $5.0M in expenses, $85.7M in total assets. 65 publicly reported grants to this organization, totaling roughly $2.1M, appear in IRS filings.

EIN: 237034523 MARQUETTE, MI Latest filing: 2025
Total Revenue$12.6M
Total Expenses$5.0M
Total Assets$85.7M
Grant Records65
Funding Total$2.1M
Filing Years2020–2025

Mission

THE NMU FOUNDATION WILL ESTABLISH AND FOSTER RELATIONSHIPS TO GENERATE RESOURCES THAT BENEFIT THE STRATEGIC GOALS OF NORTHERN MICHIGAN UNIVERSITY.

Officers & Directors

CHIEF EXECUTIVE OFFICER - PART YEAR Brad M Canale
TRUSTEE Cain G Besse
TRUSTEE Curt L Tucker
TRUSTEE David R Nerenz
SECRETARY/TREASURER Gerard J Molitor
TRUSTEE Jesse W Bell

Officer compensation and complete director data available with membership.

Top Grant Purposes

BERRY CHAIR BUSINESS SCHOOL
$500,000 1 grant
GENERAL SUPPORT
$342,914 9 grants
For grant recipient's exempt purposes
$260,370 8 grants
GENERAL USE AND/OR SPECIAL FUND/PROJECT
$226,000 2 grants
See Part IV
$175,000 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $12.6M $5.0M $85.7M
2024 $6.1M $5.4M $77.3M
2023 $18.0M $4.8M $70.9M
2021 $6.7M $3.7M $57.2M
2020 $6.8M $4.2M $44.6M

Between 2020 and 2025, reported annual revenue grew from $6.8M to $12.6M (+86%), with total assets most recently reported at $85.7M.

Interactive year-over-year charts and full filing details available with membership.

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