Mission
THE NMU FOUNDATION WILL ESTABLISH AND FOSTER RELATIONSHIPS TO GENERATE RESOURCES THAT BENEFIT THE STRATEGIC GOALS OF NORTHERN MICHIGAN UNIVERSITY.
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. 73 publicly reported grants to this organization, totaling roughly $2.6M, appear in IRS filings.
EIN: 237034523
MARQUETTE, MI
Universities
NTEE: B43
Latest filing: 2025
Total Revenue$12.6M
Total Expenses$5.0M
Total Assets$85.7M
Grant Records73
Funding Total$2.6M
Filing Years2020–2025
Where $100 goes at The Northern Michigan University Foundation
How The Northern Michigan University Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$68
Programs
the work itself
$21
Management
running the organization
$11
Fundraising
raising the next dollar
Inside the $68 for programs
$29
Scholarships and other financial aid
$21
Academic departments and programs
$8
Public television
Plus 2 more programs. Cost per person served and the full program breakdown are on the full profile.
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
$25,000
GENERAL OPERATIONS
$16,363
DONOR ADVISED GRANTS
$10,000
BERRY BUSINESS CHAIR, STAN & MARGARET WHITMAN MEMORIAL STUDENT SCHOLARSHIP
$500,100
BERRY CHAIR BUSINESS SCHOOL
$500,000
Showing up to 5 of 73 total records — full history available with membership.
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
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.