Mission
TO ESTABLISH, PROMOTE AND STIMULATE VOLUNTARY FINANCIAL SUPPORT FOR THE BENEFIT OF MINOT STATE UNIVERSITY, ESPECIALLY IN BUILDING OF ENDOWMENT AND IN ADDRESSING THE LONG-TERM PRIORITIES OF THE UNIVERSITY.
Public Charity
MINOT STATE UNIVERSITY DEVELOPMENT FOUNDATION
MINOT STATE UNIVERSITY DEVELOPMENT FOUNDATION is a Public Charity headquartered in MINOT, ND. Financial data from the 2025 filing: $5.7M revenue, $3.9M expenses, $65.4M total assets. 44 publicly reported grants to this organization, totaling roughly $2.7M, appear in IRS filings.
EIN: 450344784
MINOT, ND
Latest filing: 2025
Total Revenue$5.7M
Total Expenses$3.9M
Total Assets$65.4M
Grant Records44
Funding Total$2.7M
Filing Years2021–2025
Where $100 goes at Minot State University Development Foundation
How Minot State University Development Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$80
Programs
the work itself
$8
Management
running the organization
$12
Fundraising
raising the next dollar
Inside the $80 for programs
$80
Provide scholarships to students based on criteria and support the university through fundraising and funding of various campus projects and university activities
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
TO ASSIST THE ORGANIZATION WITH CARRYING OUT OF ITS TAX EXEMPT MISSION.
$16,000
CULTURE & ARTS
$172,000
Education
$21,000
TO ASSIST THE ORGANIZATION WITH CARRYING OUT OF ITS TAX EXEMPT MISSION.
$14,212
GENERAL SUPPORT
$10,895
Showing up to 5 of 44 total records — full history available with membership.
Officers & Directors
DIRECTOR
Bob Sando
VICE PRESIDENT
Dan Langemo
DIRECTOR
David Gowan
DIRECTOR
Jarid Lundeen
PRESIDENT
Jon Backes
DIRECTOR
Karen Krebsbach
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $5.7M | $3.9M | $65.4M |
| 2024 | $5.7M | $5.7M | $61.7M |
| 2023 | $5.3M | $3.2M | $57.8M |
| 2022 | $11.7M | $2.8M | $52.9M |
| 2021 | $7.7M | $2.4M | $52.0M |
Between 2021 and 2025, reported annual revenue declined from $7.7M to $5.7M (-26%), with total assets most recently reported at $65.4M.
Interactive year-over-year charts and full filing details available with membership.