Public Charity

UND Aerospace Foundation

Based in Grand Forks, ND, UND Aerospace Foundation operates as a Public Charity. The organization reported $43.8M in revenue, $29.6M in expenses, $123.0M in total assets for fiscal year 2025. Imperigo tracks 3 reported grant relationships connected to this organization totaling approximately $706K.

EIN: 450390485 Grand Forks, ND Single Organization Support NTEE: B11 Latest filing: 2025
Total Revenue$43.8M
Total Expenses$29.6M
Total Assets$123.0M
Grant Records3
Funding Total$706K
Filing Years2021–2025

Mission

To support the functions of, and to assist in carrying out the purposes of, the John D. Odegard School of Aerospace Sciences of the University of North Dakota.

Where $100 goes at UND Aerospace Foundation

How UND Aerospace Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$90 Programs the work itself
$10 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $90 for programs

$61
Flight training center
67% of program spending · Reported in the filing: 69,758 hours
$26
The UND Aerospace Foundation (The Foundation) is a North Dakota nonprofit organization organized to encourage and develop the University of North Dakota's (UND) John D
29% of program spending · Reported in the filing: 13,669 hours
$3
Other programs include FAA testing center, software development, and aerospace merchandise sales
4% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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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.

Officers & Directors

Chief Financial Officer Cara Miller
Aircraft Sales & Project Manager Chad Martin
Director Charles Ahearn
Director Charles Kluenker
Chief Executive Officer Charles Pineo
Director Clay Lacy

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$706,000 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $43.8M $29.6M $123.0M
2024 $37.3M $25.6M $109.6M
2023 $22.9M $22.0M $96.2M
2022 $31.5M $27.9M $96.2M
2021 $34.5M $30.3M $89.6M

Between 2021 and 2025, reported annual revenue grew from $34.5M to $43.8M (+27%), with total assets most recently reported at $123.0M.

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

See the full picture for UND Aerospace Foundation

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