Public Charity

North Dakota State University Foundation

North Dakota State University Foundation is a Public Charity headquartered in Fargo, ND. Financial data from the 2024 filing: $102.4M revenue, $52.5M expenses, $688.4M total assets. 205 publicly reported grants to this organization, totaling roughly $29.1M, appear in IRS filings.

EIN: 237120898 Fargo, ND Single Organization Support NTEE: B11 Latest filing: 2024
Total Revenue$102.4M
Total Expenses$52.5M
Total Assets$688.4M
Grant Records205
Funding Total$29.1M
Filing Years2019–2024

Mission

Building enduring relationships that maximize advocacy and philanthropy to support North Dakota State University.

Where $100 goes at North Dakota State University Foundation

How North Dakota State University Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$77 Programs the work itself
$14 Management running the organization
$9 Fundraising raising the next dollar

Inside the $77 for programs

$45
Grants to NDSU for buildings, equipment, research, lectures, faculty development, supplies, travel and other departmental needs and activities not funded through state appropriations or student tuition fees
58% of program spending
$28
Scholarships and awards to students enrolled at North Dakota State University selected by independent scholarship committees
36% of program spending
$4
Alumni records, newsletters and special events such as Homecoming, city alumni/student exchanges
6% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2025
TURTLE MOUNTAIN TEACHER LEADERSHIP ACADEMY AND BISON STRIDES
$190,660
2025
BUILDING REPLACEMENT
$70,000
2025
GENERAL SUPPORT
$27,992
2025
PROGRAM SUPPORT
$26,050
2025
GENERAL SUPPORT OF 501(C)3 ORGANIZATIONS
$17,250

Showing up to 5 of 205 total records — full history available with membership.

Officers & Directors

Sr. VP of Finance & Operation/CFO Allyson Peterson
VP of Alumni & Donor Connections Bethany Hardwig
Board Member Bob Challey
Board Member Chuck Ulmer
Board Member (July-Dec) Dave Clouston
(Jan-Jun)/Chair (July-Dec) Dave Goodin Vice Chair

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$16,257,371 98 grants
Education
$7,720,309 61 grants
Health & Medicine
$2,958,217 7 grants
Research & Policy
$982,500 4 grants
Animal Welfare
$16,475 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $102.4M $52.5M $688.4M
2023 $69.0M $51.0M $627.4M
2022 $58.2M $55.5M $575.5M
2020 $29.7M $26.5M $450.5M
2019 $103.8M $34.5M $426.1M

Between 2019 and 2024, reported annual revenue held roughly steady at around $102.4M, with total assets most recently reported at $688.4M.

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

See the full picture for North Dakota State University Foundation

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