The Bismarck State College Foundation

Organization Overview

The Bismarck State College Foundation is located in Bismarck, ND. The organization was established in 1980. 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. Bismarck State College 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, Bismarck State College Foundation generated $5.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $3.6m during the year ending 06/2023. While expenses have increased by 5.4% 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

ENGAGE IN THOSE ACTIVITIES WHICH SUPPORT THE DEVELOPMENT OF BISMARCK STATE COLLEGE.

Describe the Organization's Program Activity:

THE BSC FOUNDATION GRANT PROGRAM MAKES DOLLARS AVAILABLE TO BSC STAFF, FACULTY, AND STUDENT ORGANIZATIONS TO FUND A WIDE VARIETY OF PROJECTS. EMPHASIS IS GIVEN TO INNOVATIVE TEACHING AND CREATIVE LEARNING PROJECTS. A WIDE VARIETY OF TEACHING AND DEMONSTRATION EQUIPMENT, TRAVEL FOR GROUPS, CAMPUS PRESENTERS, PERFORMING ART EVENTS, GUEST LECTURERS, CONSULTING SERVICES, RESEARCH, AND OTHER INNOVATIVE PROJECTS HAVE BEEN SUPPORTED THROUGH THE GRANTS PROGRAM. GRANTS ARE AWARDED BY THE BOARD OF TRUSTEES PROGRAMS COMMITTEE.STUDENT HOUSING:THE FOUNDATION LEASES TWO RESIDENCE HALLS TO BISMARCK STATE COLLEGE. RITCHIE HALL AND GATE CITY HALL, CO-EDUCATIONAL APARTMENT STYLE RESIDENCE HALLS, HAVE A TOTAL CAPACITY OF 128 STUDENTS.


JACK FELLOWSHIPTHE BSC JACK FELLOWSHIP PROGRAM HAS BEEN ESTABLISHED TO FUND SABBATICAL LEAVES FOR A BISMARCK STATE COLLEGE EMPLOYEE TO ENGAGE IN AN EDUCATIONAL EXPERIENCE THAT ULTIMATELY BENEFITS BSC AND THE STUDENTS IT SERVES. THE FELLOWSHIP IS INTENDED TO PARTIALLY UNDERWRITE THE SALARY AND/OR EXPENSES OF THE EMPLOYEE DURING THE SABBATICAL. EACH FELLOWSHIP WILL BE A MONETARY AWARD OF UP TO $25,000 TO BE USED TO ENHANCE THE RECIPIENT'S PROFESSIONAL PERFORMANCE. DURING THE YEAR THERE WAS ONE RECIPIENT OF THE JACK FELLOWSHIP.


THE BSC FOUNDATION IS COMMITTED TO THE ENCOURAGEMENT AND SUPPORT OF ACADEMIC EXCELLENCE. THROUGH THE SUPPORT OF MANY GENEROUS BENEFACTORS, THE BSC FOUNDATION IS ABLE TO BUDGET OVER $914,000 IN SCHOLARSHIP AWARDS TO OVER 700 STUDENTS. SCHOLARSHIPS ARE AVAILABLE TO BOTH INCOMING FRESHMEN AND SOPHOMORES. RECEIVING OTHER SCHOLARSHIPS WILL NOT DISQUALIFY APPLICANTS FROM RECEIVING BSC FOUNDATION SCHOLARSHIPS.THE BSC FOUNDATION SCHOLARSHIP PROGRAM WAS ESTABLISHED FOR THE PURPOSE OF ATTRACTING AND RETAINING STUDENTS OF OUTSTANDING ABILITY AND POTENTIAL, REGARDLESS OF GENDER, RACE, CREED OR NATIONAL ORIGIN. SCHOLARSHIPS ARE AWARDED BY THE BOARD OF TRUSTEES PROGRAMS COMMITTEE.


STUDENT RECOGNITION:OUTSTANDING STUDENT AWARDS ARE GIVEN TO THE STUDENTS SELECTED BY FACULTY IN EACH OF BSC'S PROGRAMS AND DEPARTMENTS. THESE OUTSTANDING STUDENTS RECEIVE A CERTIFICATE AND $50 CASH AWARD FROM BSC FOUNDATION.PHI THETA KAPPA IS AN INTERNATIONAL TWO-YEAR COLLEGE HONOR SOCIETY. STUDENTS NOMINATED FOR MEMBERSHIP HAVE MAINTAINED AN ACCUMULATIVE GRADE POINT AVERAGE OF 3.5 OR BETTER AND HAVE COMPLETED 15 SEMESTER HOURS IN RESIDENCE AT BSC APPLICABLE TO AN ASSOCIATE DEGREE. THE PHI THETA KAPPAN RECEIVES A PAID INITIATION FEE FOR MEMBERSHIP, A PIN, AND A CERTIFICATE FROM THE BSC FOUNDATION. THEY ARE HONORED AT THE BSC RECOGNITION CEREMONY WITH A CERTIFICATE FROM THE BSC FOUNDATION.EMPLOYEE RECOGNITIONYEARS OF SERVICE: TO ACKNOWLEDGE THE CONTRIBUTIONS BSC FACULTY AND STAFF MAKE TO THE EXCELLENCE OF EDUCATION, THE FOUNDATION SPONSORS A RECOGNITION PROGRAM FOR EMPLOYEES. EMPLOYEES ARE AWARDED GIFT CARDS AND CERTIFICATES BEGINNING WITH FIVE YEARS OF SERVICE AND ARE HONORED WITH EACH FIVE-YEAR INCREMENT.BSC FACULTY AND STAFF AWARDS FOR EXCELLENCE: PREVIOUSLY KNOWN AS THE FACULTY AND STAFF ACHIEVEMENT AWARDS, THIS FOUNDATION-SPONSORED PROGRAM HAS BEEN REVAMPED TO ENSURE THAT EVERYONE HAS AN EQUAL OPPORTUNITY TO BE RECOGNIZED, THROUGH THIS PRESTIGIOUS AWARD, FOR THEIR OUTSTANDING CONTRIBUTIONS TO BISMARCK STATE COLLEGE. TO PUBLICLY RECOGNIZE THE AWARD FOR EXCELLENCE RECIPIENTS, THEY ARE ANNOUNCED AT BSC'S AWARD CEREMONY IN THE SPRING. AS BEFORE, TWO FACULTY AWARD RECIPIENTS WILL EACH RECEIVE $1,000 AND TWO STAFF AWARD RECIPIENTS WILL EACH RECEIVE $1,000. SINCE 2001, AN ADJUNCT FACULTY AND A PART-TIME STAFF MEMBER ARE RECOGNIZED, AND EACH RECEIVES A $250 AWARD.


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Board, Officers & Key Employees

Name (title)Compensation
Scott Becker
Chair
$0
Dave Mason
President
$0
Danette Welsh
Vice President
$0
Wade Mann
Program Committee Chair
$0
Russ Hanson
Development Committee Chair
$0
Sarah Getzlaff
Finance Committee Chair
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Capital City Construction
Construction Health Sciences Building
$782,298
Jlg Architects
Archetectural Services
$184,075
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$4,984
Related organizations$0
Government grants $631,244
All other contributions, gifts, grants, and similar amounts not included above$3,099,733
Noncash contributions included in lines 1a–1f $43,256
Total Revenue from Contributions, Gifts, Grants & Similar$3,735,961
Total Program Service Revenue$374,970
Investment income $1,008,180
Tax Exempt Bond Proceeds $0
Royalties $368,440
Net Rental Income $0
Net Gain/Loss on Asset Sales $72,175
Net Income from Fundraising Events $29,973
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,589,699

Grants Awarded

Over the last fiscal year, The Bismarck State College Foundation has awarded $568,943 in support to 2 organizations.

Grant RecipientAmount

BISMARCK MANDAN CHAMBER FOUNDATION

PURPOSE: Community Bowl Rennovation

$20,000

BISMARCK STATE COLLEGE

PURPOSE: Grant

$548,943
View Grant Profile

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Valley City State University Foundation
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The Bismarck State College Foundation
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Friends Of The St Paul Public Library
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Minot State University Development Foundation
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Lila Building Company
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Hmong Education Reform Company
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Eagle Ridge Academy Affiliated Building Company
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Southwest Minnesota State University Foundation Inc Smsu Fdn
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