Northern Illinois University Foundation

Organization Overview

Northern Illinois University Foundation, operating under the name Niu Foundation, is located in Dekalb, IL. The organization was established in 1955. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Niu Foundation 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 06/2023, Niu Foundation generated $24.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $13.1m during the year ending 06/2023. While expenses have increased by 1.7% per year over the past 8 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 990T Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO SECURE AND MANAGE PRIVATE SUPPORT TO BENEFIT NORTHERN ILLINOIS UNIVERSITY.

Describe the Organization's Program Activity:

SEE SCHEDULE O


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Board, Officers & Key Employees

Name (title)Compensation
John Tierney
Board Chair
$0
Cynthia Crocker
Vice Chair
$0
David Heide
Treasurer
$0
Stacey Barsema
Director
$0
William Boston
Director
$0
Brent Brodeski
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Braven Inc
Youth Development Program
$395,500
National Public Radio
Tower/radio Station
$278,859
Fund Evaluation Group Llc
Investment Management
$133,439
Snavely Associates Ltd
Campaign Support
$171,576
Ever True Inc
Consultant/software
$150,000
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$20,515
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$15,577,851
Noncash contributions included in lines 1a–1f $286,798
Total Revenue from Contributions, Gifts, Grants & Similar$15,598,366
Total Program Service Revenue$1,802,856
Investment income $3,673,127
Tax Exempt Bond Proceeds $0
Royalties $38,469
Net Rental Income $1,905
Net Gain/Loss on Asset Sales $3,017,241
Net Income from Fundraising Events -$693
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $24,268,397

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St Louis Charter Schools
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$17,533,867
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$24,268,397
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