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 06/2021, Bismarck State College Foundation generated $4.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $3.0m during the year ending 06/2021. While expenses have increased by 3.9% per year over the past 7 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

2021

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:

Part 3 - Line 4a

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.


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 $640,000 IN SCHOLARSHIP AWARDS TO OVER 300 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:WHO'S WHO AMONG STUDENTS IN AMERICAN JUNIOR COLLEGES IS A NATIONAL AWARD GIVEN TO UP TO 20 OF BSC'S TOP STUDENTS. THESE STUDENTS ARE SELECTED BY LEARNING FIRST SUB-TEAM ON A BASIS OF ACADEMIC ACHIEVEMENT, SERVICE IN THE COMMUNITY, LEADERSHIP IN EXTRACURRICULAR ACTIVITIES, AND FUTURE POTENTIAL. THEY ARE LISTED IN A NATIONAL WHO'S WHO VOLUME AND ARE HONORED WITH A CERTIFICATE AND $50 CASH AWARD FROM THE BSC FOUNDATION.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
Kari Knudson Nv
Executive Director
$154,559
Norm Clark
Chair
$0
Scott Becker
President
$0
Wade Mann
Board Member
$0
Danette Welsh
Development Committee Chair
$0
Dave Mason
Vice President
$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
Total Revenue from Contributions, Gifts, Grants & Similar$2,049,083
Investment income $619,497
Tax Exempt Bond Proceeds $0
Royalties $300,579
Net Rental Income $0
Net Gain/Loss on Asset Sales $677,687
Net Income from Fundraising Events $30,050
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,203,198

Grants Awarded

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

Grant RecipientAmount

BISMARCK STATE COLLEGE

Org PageRecipient Profile

Bismarck, ND

PURPOSE: Grant

$548,943

BISMARCK MANDAN CHAMBER FOUNDATION

Org PageRecipient Profile

Bismarck, ND

PURPOSE: Community Bowl Rennovation

$20,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 13 grants that The Bismarck State College Foundation has recieved totaling $1,076,322.

Awarding OrganizationAmount
Sanford

Sioux Falls, SD

PURPOSE: EDUCATION/WORKFORCE DEVELOPMENT,SCHOLARSHIP ENDOWMENT

$449,048
North Dakota University System Foundation

Bismarck, ND

PURPOSE: SUPPORT CYBERSECURITY PROGRAMS

$351,000
Sam & Bertha Merritt Memorial Trust 60758740

Milwaukee, WI

PURPOSE: SCHOLARSHIPS

$85,466
North Dakota Community Foundation

Bismarck, ND

PURPOSE: SUPPORT MISSION

$48,940
Otter Tail Power Company Foundation

Fergus Falls, MN

PURPOSE: SCHOLARSHIPS

$32,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$24,813
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$26,331,170
Earnings-$3,373,412
Net Contributions$3,518,653
Other Expense$596,762
Ending Balance$25,879,649

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