Fossum Foundation Inc
To assist in carrying out the purpose of the North Dakota State University Foundation, a nonprofit corporation, organized and existing for the support of North Dakota State University.
Fossum Foundation Inc at a glance
In short: Fossum Foundation Inc gave $97K across 2 grants in 2024 (avg $48K), mostly in North Dakota. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $96,918
- +95.6% vs 2023
- Grants made (2024)
- 2
- +0.0% vs 2023
- Average grant
- $48,459
- +95.6% vs 2023
- Median grant
- $48,459
- Total assets
- $581,333
- -0.6% vs 2023
- Primary geography
- North Dakota (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Fossum Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was North Dakota State University ($77K). Together the top 2 received $97K.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was under $50K: 8 grants of 10 (80%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
States
Cities
How Fossum Foundation Inc gives
- Giving grew 142% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $40K (2021) to $97K (2024). In 2024 it made 2 grants totaling $97K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| North Dakota State University Fargo, ND | — | $76,918 |
| NDSU Foundation Fargo, ND | — | $20,000 |
Ready to take the next step with Fossum Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $581,333 | $94,955 | $99,238 | $96,918 | 2 | $8,393 |
| 2023 | $584,746 | $99,358 | $51,532 | $49,551 | 2 | $3,249 |
| 2022 | $536,328 | $110,221 | $67,947 | $66,500 | 2 | $1,430 |
| 2021 | $493,557 | $80,290 | $41,253 | $40,000 | 2 | $797 |
| 2020 | $473,819 | $49,121 | $76,283 | $75,000 | 2 | $1,334 |
About Fossum Foundation Inc
Based on IRS filings
Fossum Foundation Inc is a public charity, based in Fargo, ND. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $581K in total assets. In 2024, it awarded 2 grants totaling $97K. Net investment income was $8K.
Leadership & Key People
Officers and directors from IRS filings
Fossum Foundation Inc is led by John Shotwell, President on every filing since 2020; none of the 8 officers listed in 2024 report compensation.
Officers on the 2024 filing
John Shotwell
President
On filings since 2020
0 hrs/week
No compensation reported
Gregg Halverson
Director
On filings since 2020
0 hrs/week
No compensation reported
Karen Morrison
Director
On filings since 2020
0 hrs/week
No compensation reported
Donn Diederich
Director
On filings since 2022
0 hrs/week
No compensation reported
Allyson Peterson
Assistant Secretary & Treasurer
On filings since 2020
0.5 hrs/week
No compensation reported
Burdell Fossum
Secretary
On filings since 2020
0 hrs/week
No compensation reported
Carl Larson
Treasurer
On filings since 2020
0 hrs/week
No compensation reported
Clyde Fossum
Vice President
On filings since 2020
0 hrs/week
No compensation reported
Former officers (1)
- Former: William Marcil (2020–2021) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Fossum Foundation Inc
How much does Fossum Foundation Inc give each year?
Fossum Foundation Inc gave $97K across 2 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $50K across 2 grants.
How large is Fossum Foundation Inc?
Fossum Foundation Inc reported $581K in total assets on its 2024 IRS Form 990. Its revenue that year was $95K.
Where does Fossum Foundation Inc operate?
Fossum Foundation Inc has awarded grants in North Dakota.
What is Fossum Foundation Inc's EIN?
Fossum Foundation Inc's EIN (Employer Identification Number) is 45-6013302. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 10, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 8, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 7, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 13, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Fossum Foundation Inc's focus areas in our free grants database
Similar Funders
Similar funders in North Dakota
The Barry Foundation
Fargo, ND
The Barry Foundation funds education, housing and human services, health, spirituality, the environment, and arts, with much of its giving in North Dakota and Minnesota. Its 2024 grants ranged from $250 to $335,000, with a median of $1,325; it gives only to preselected organizations and does not accept unsolicited requests.
Assets
$54.9M
Grants
322
Total Given
$1.8M
Blue Cross Blue Shield of North Dakota Caring Foundation
Fargo, ND
The foundation funds health and well-being initiatives in North Dakota, especially health promotion and disease prevention, behavioral health, social drivers of health, rural health, and maternal health. In 2025, grants ranged from $40 to $60,000, with a median award of $1,500; its programs include awards from $5,000 to $50,000. The profile does not state whether it accepts unsolicited requests.
Assets
$23.0M
Grants
284
Total Given
$1.0M
Alva J Field Memorial Trust
Williston, ND
Alva J Field Memorial Trust funds college scholarships and low-interest student loans, primarily for full-time students who graduated from a Williams County, North Dakota, high school. Scholarships vary; student loans are up to $3,000 per semester, and the median grant was $4,500 in 2025. Scholarship applications are accepted through Williston State College or the trust’s law office, depending on the student’s college; loan applicants can apply directly to the trust.
Assets
$25.0M
Grants
224
Total Given
$1.4M
Fargo-Moorhead Area Foundation Corporation
Fargo, ND
The Fargo-Moorhead Area Foundation supports nonprofits working in arts and culture, basic needs, community building, education, and women and children, primarily in Cass County, North Dakota, and Clay County, Minnesota. Its annual Community Grant program awards $500–$15,000; 2024 grants had a median of $13,506. Eligible nonprofits and government entities may apply once per year to the Community Grant program; donor-advised and designated fund grants do not accept applications.
Assets
$126.6M
Grants
178
Total Given
$5.6M
North Dakota Long Term Care Foundation
Bismarck, ND
Assets
$51K
Grants
138
Total Given
$79K
Offutt Family Foundation
Fargo, ND
The Offutt Family Foundation supports a range of charitable organizations, including higher education, hunger relief, disability inclusion, and community services, with most 2024 funding going to Minnesota and North Dakota. Its 114 grants ranged from $1,000 to $6 million, with a median of $5,000. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$380.7M
Grants
114
Total Given
$9.6M
More similar funders
More Funders in North Dakota
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Fossum Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Fossum Foundation Inc down — hundreds of funders to go?