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 06/2022, Niu Foundation generated $31.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $11.0m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

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
Catherine Squires
President And Ceo, Secretary
$0
Kym Kowalski
Controller
$0
Reynaldo Bustinza
Key Employee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
National Public Radio
Tower/radio Station
$250,453
Ever True Inc
Consultant/software
$138,204
Much Shelist
Legal
$119,202
Marts & Lundy Inc
Campaign Consultant
$213,961
Fund Evaluation Group Llc
Investment Management
$166,662
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$39,248
Fundraising events$12,110
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$18,999,543
Noncash contributions included in lines 1a–1f $142,886
Total Revenue from Contributions, Gifts, Grants & Similar$19,050,901
Total Program Service Revenue$1,646,922
Investment income $3,023,924
Tax Exempt Bond Proceeds $0
Royalties $38,096
Net Rental Income $1,805
Net Gain/Loss on Asset Sales $7,148,342
Net Income from Fundraising Events $12,187
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $31,131,654

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Northern Illinois University Foundation has recieved totaling $17,990.

Awarding OrganizationAmount
Richard G Wood Forreston High School Scholarship Fund

Rockford, IL

PURPOSE: SCHOLARSHIP DISTRIBUTION

$10,390
Ralph C Norman Foundation

Galva, IL

PURPOSE: LIBERIANPATHWAYSDEVELOPMENT

$7,500
The Robert E & Kathleen K Evans Family Foundation Inc

Holden, MA

PURPOSE: TO FUND CONTINUING CHARITABLE PURPOSES

$100
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$97,881,780
Earnings-$6,345,157
Admin Expense$1,389,197
Net Contributions$1,365,721
Other Expense$2,687,888
Ending Balance$88,825,259

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