North Dakota State University Foundation

Organization Overview

North Dakota State University Foundation, operating under the name NDSU Foundation NDSU Foundation and Alumni Association, is located in Fargo, ND. The organization was established in 1971. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 12/2021, NDSU Foundation NDSU Foundation and Alumni Association employed 53 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. NDSU Foundation NDSU Foundation and Alumni Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2020, NDSU Foundation NDSU Foundation and Alumni Association generated $29.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $26.5m during the year ending 12/2020. While expenses have increased by 2.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

BUILDING ENDURING RELATIONSHIPS THAT MAXIMIZE ADVOCACY AND PHILANTHROPY TO SUPPORT NDSU.

Describe the Organization's Program Activity:

Part 3 - Line 4a

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.


SCHOLARSHIPS AND AWARDS TO STUDENTS ENROLLED AT NORTH DAKOTA STATE UNIVERSITY SELECTED BY INDEPENDENT SCHOLARSHIP COMMITTEES.


ALUMNI RECORDS, NEWSLETTERS AND SPECIAL EVENTS SUCH AS HOMECOMING, CITY ALUMNI/STUDENT EXCHANGES. SPONSOR UNIVERSITY PROGRAMS SUCH AS HARVEST BOWL AND CELEBRATION OF EXCELLENCE.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Sei
Investment Management
$1,617,036
Ruffalo Noel Levitz
Professional Fundraising
$203,165
Delta Hotels Marriott
Event Space And Services
$139,913
Livewire Entertainment Media Services
Event Audio/visual Services
$121,254
Blackbaud
Donor & Financial Software
$109,545
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$117,953
Related organizations$0
Government grants $797,600
All other contributions, gifts, grants, and similar amounts not included above$13,910,764
Noncash contributions included in lines 1a–1f $1,809,674
Total Revenue from Contributions, Gifts, Grants & Similar$14,826,317
Total Program Service Revenue$828,623
Investment income $10,310,852
Tax Exempt Bond Proceeds $0
Royalties $75,315
Net Rental Income -$102,667
Net Gain/Loss on Asset Sales $3,728,396
Net Income from Fundraising Events -$46,965
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $34,269
Miscellaneous Revenue$0
Total Revenue $29,663,255

Grants Awarded

Over the last fiscal year, North Dakota State University Foundation has awarded $18,936,300 in support to 2 organizations.

Grant RecipientAmount

NORTH DAKOTA STATE UNIVERSITY

PURPOSE: Cash grants provided for student scholarships, faculty support, departmental support for equipment, research, supplies, travel, etc.

$17,968,800

TEAM MAKERS CLUB INC

Org PageRecipient Profile

Fargo, ND

PURPOSE: Construction of the NDSU Sports Bubble

$967,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that North Dakota State University Foundation has recieved totaling $50,000.

Awarding OrganizationAmount
Annexstad Family Foundation

Mound, MN

PURPOSE: SCHOLARSHIP

$50,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$273,318,499
Earnings$42,985,031
Admin Expense$4,356,807
Net Contributions$134,231,916
Other Expense$3,394,733
Grants$5,757,850
Ending Balance$437,026,056

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