North Dakota State University Foundation

North Dakota State University Foundation 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 12/2019, NDSU Foundation NDSU Foundation and Alumni Association employed 64 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, NDSU Foundation NDSU Foundation and Alumni Association generated $103.8m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 32.6% each year . All expenses for the organization totaled $34.5m during the year ending 12/2019. While expenses have increased by 7.9% per year over the past 5 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

2019

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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North Dakota State University Foundation Board, Officers & Key Employees

North Dakota State University Foundation Vendors

Vendor Name (Service)Compensation
Ologie
Campaign Marketing
$306,391
The August Jackson Company
Event Consultant
$255,357
Sei
Investment Management
$1,133,865
Livewire
Video/audio Production
$223,667
Blackbaud
Donor & Financial Software
$208,967
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$340,283
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$87,559,162
Noncash contributions included in lines 1a–1f $9,563,988
Total Revenue from Contributions, Gifts, Grants & Similar$87,899,445
Total Program Service Revenue$830,152
Investment income $12,444,884
Tax Exempt Bond Proceeds $0
Royalties $178,832
Net Rental Income -$215,849
Net Gain/Loss on Asset Sales $2,613,458
Net Income from Fundraising Events -$53,897
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $35,074
Miscellaneous Revenue$0
Total Revenue $103,753,830

North Dakota State University Foundation 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

North Dakota State University Foundation Grants Recieved

Over the last fiscal year, we have identified 6 grants that North Dakota State University Foundation has recieved totaling $69,996.

Awarding OrganizationAmount
Saint Paul & Minnesota Foundation

Saint Paul, MN

PURPOSE: MULTIPLE PURPOSES

$25,890
Chs Foundation

Inver Grove Heights, MN

PURPOSE: 2020/21 UNIVERSITY PARTNER PROGRAM

$22,000
Offerdahl Family Foundation

Incline Village, NV

PURPOSE: CHARITABLE CONTRIBUTION

$10,000
Engebretson Family Charitable Trust

Las Vegas, NV

PURPOSE: GENERAL SUPPORT GRANT

$6,706
Chs Foundation

Inver Grove Heights, MN

PURPOSE: STUDENT EMERGENCY FUND

$5,000
Roy V Thompson Charitable Tr

Thornton, CO

PURPOSE: SCHOLARSHIP

$400
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$208,172,700
Earnings$30,504,617
Admin Expense$2,934,493
Net Contributions$19,838,146
Other Expense$2,125,370
Grants$4,819,476
Ending Balance$248,636,124

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