The Lake Superior State University Foundation exists for the sole purpose of promoting, receiving, managing, and disbursing donations and contributions for the benefit of Lake Superior State University.
Key facts about Lake Superior State University Foundation
- EIN
- 38-2576021
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $2,489,746
- Grants made (2025)
- 1
- Average grant
- $2,489,746
- Median grant
- $2,489,746
- Total assets
- $32,743,972
- Primary geography
- Michigan (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
How Lake Superior State University Foundation gives
- Giving grew 60% from 2022 to 2025. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Lake Superior State University Foundation
- How to evaluate Lake Superior State University Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$32.7M
+14.5% YoY
Annual Giving
$2.5M
+39.2% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$2.5M
+39.2% YoY
About Lake Superior State University Foundation
Based on IRS filings
Lake Superior State University Foundation is a nonprofit organization focused on Education, based in Sault Ste Marie, MI. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $32.7M in total assets. In 2025, it awarded 1 grant totaling $2.5M. Net investment income was $4.8M.
Focus Areas
Ready to take the next step with Lake Superior State University Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2025 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $32,743,972 | $28,609,201 | $25,784,435 |
| Revenue | $8,633,232 | $2,984,410 | $3,637,982 |
| Expenses | $2,960,455 | $2,356,656 | $2,166,565 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $4,800,104 | $885,350 | $913,696 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
5 grants across all recorded years
Open Grants
8 open opportunities from Lake Superior State University Foundation
Dr. Arthur E. Duwe Memorial Scholarship
Lake Superior State University Foundation
Amount
Varies
Deadline
Rolling / Open
Dr. Kevin & Pamela Cooper Professional Scholarship
Lake Superior State University Foundation
Amount
Varies
Deadline
Rolling / Open
Edward and Jill Smith Scholarship
Lake Superior State University Foundation
Amount
Varies
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Lake Superior State University ($2,489,746).
| Recipient | Purpose | Amount |
|---|---|---|
| Lake Superior State University Sault Ste Marie, MI | Scholarships and grants to the students of Lake Superior State University; funding for various educational activities carried out by Lake Superior State University; operational support for athletics; and support for Lake Superior State University operations. | $2,489,746 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Sharon Dorrity | Secretary of Board/Coord Donor Relations | 40 | — |
| Scott P Smith | Vice President of Advancement | 7.06 | — |
| Edward F Smith | Chair & Executive Committee | — | — |
| Carol Andary | Board Member-Executive Committee | — | — |
| Brittany Barrett | Board Member | — | — |
| H James Bourque | Emeritus | — | — |
| Joseph Breed | Board Member-Executive Committee-Secretary | — | — |
| Jennifer Brown | Board Member | — | — |
| Anthony Damiano | Board Member-Executive Committee | — | — |
| Megan Fenlon | Board Member | — | — |
| Jason Garvon | Board Member | — | — |
| Ted Haapala | Board Member | — | — |
| Robert Kjolhede | Board Member-Executive Committee | — | — |
| Ashley O'Dwyer | Board Member | — | — |
| Thomas G Robinson | Board Member | — | — |
| David Saunders | Board Member | — | — |
| Charles Schmidt | Board Member-Executive Committee | — | — |
| Ken Williams | Board Member | — | — |
| Michael Wyse | Board Member | — | — |
| Maurice Walworth | Treasurer | — | — |
| Dr David Travis | Second Vice Chair | — | — |
| Kevin Cooper | Board Member | — | — |
| Tim Lukenda | Board Member | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lake Superior State University Foundation?
Lake Superior State University Foundation is a nonprofit organization focused on Education, based in Sault Ste Marie, MI. It holds $32.7M in total assets as of 2025.
How large is Lake Superior State University Foundation?
As of 2025, Lake Superior State University Foundation holds $32.7M in total assets with $8.6M in annual revenue. It awarded 1 grant totaling $2.5M in 2025.
Where does Lake Superior State University Foundation operate?
Lake Superior State University Foundation has awarded grants in Michigan.
What size grants does Lake Superior State University Foundation award?
In 2025, Lake Superior State University Foundation awarded 1 grant totaling $2.5M — an average of about $2.5M per grant, based on its IRS Form 990 filings.
What is Lake Superior State University Foundation's EIN?
Lake Superior State University Foundation's EIN (Employer Identification Number) is 38-2576021. IRS Form 990 filing data is available on this page for 2020–2025.
Explore Open Grants
Browse active grant opportunities in Lake Superior State University Foundation's focus areas in our free grants database
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.