Minot State University Development Foundation
To establish, promote and stimulate voluntary financial support for the benefit of minot state university, especially in building of endowment and in addressing the long-term priorities of the university.
Minot State University Development Foundation at a glance
In short: Minot State University Development Foundation gave $2.2M across 1 grant in 2025 (avg $2.2M), mostly in North Dakota. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $2,247,133
- -50.2% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $2,247,133
- -50.2% vs 2024
- Median grant
- $2,247,133
- Total assets
- $65,369,602
- +6.0% vs 2024
- Primary geography
- North Dakota (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Minot State University Development Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Minot State University ($2.2M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $1–5M range: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Minot State University Development Foundation gives
- Giving grew 33% from 2022 to 2025. 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 2025, annual grant giving ranged from $1.4M (2021) to $4.5M (2024). In 2025 it made 1 grant totaling $2.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Minot State University Minot, ND | Provide Scholarship Funds to Minot State University Students | $2,247,133 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $65,369,602 | $5,674,572 | $3,933,098 | $2,247,133 | 1 | $2,865,928 |
| 2024 | $61,683,908 | $5,668,064 | $5,668,219 | $4,509,850 | 1 | $1,400,442 |
| 2023 | $57,770,697 | $5,304,845 | $3,230,752 | $2,010,578 | 1 | $868,055 |
| 2022 | $52,940,174 | $11,663,994 | $2,806,889 | $1,684,868 | 1 | $2,592,823 |
| 2021 | $52,044,466 | $7,678,265 | $2,368,146 | $1,409,065 | 1 | $1,385,162 |
| 2020 | $37,175,761 | $3,378,893 | $2,545,458 | $1,678,875 | 1 | $1,068,932 |
About Minot State University Development Foundation
Based on IRS filings
Minot State University Development Foundation is a public charity, based in Minot, ND. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $65.4M in total assets. In 2025, it awarded 1 grant totaling $2.2M. Net investment income was $2.9M.
Leadership & Key People
Officers and directors from IRS filings
Minot State University Development Foundation is led by Jon Backes, President on every filing since 2020; none of the 12 officers listed in 2025 report compensation.
Officers on the 2025 filing
Jon Backes
President
On filings since 2020
0.3 hrs/week
No compensation reported
Rick Hedberg
Executive Director Ex-Officio
On filings since 2020
5 hrs/week
No compensation reported
Bob Sando
Director
On filings since 2020
0.3 hrs/week
No compensation reported
David Gowan
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Karen Krebsbach
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Kathy Aas
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Kent Kirkhammer
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Leslie Coughlin
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Myron Thompson
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Jarid Lundeen
Director
On filings since 2021
0.3 hrs/week
No compensation reported
Tom Probst
Director
On filings since 2022
0.3 hrs/week
No compensation reported
Dan Langemo
Vice President
On filings since 2020
0.3 hrs/week
No compensation reported
Former officers (5)
- Former: Steve Shirley (2020–2024) — Director
- Former: Krista Lambrecht (2024) — Treasurer
- Former: Brent Winiger (2020–2023) — Treasurer
- Former: Randy Conway (2020–2021) — Director
- Former: Doris Slaaten (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "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 Minot State University Development Foundation
How much does Minot State University Development Foundation give each year?
Minot State University Development Foundation gave $2.2M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $4.5M across 1 grant.
How large is Minot State University Development Foundation?
Minot State University Development Foundation reported $65.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $5.7M.
Where does Minot State University Development Foundation operate?
Minot State University Development Foundation has awarded grants in North Dakota.
What is Minot State University Development Foundation's EIN?
Minot State University Development Foundation's EIN (Employer Identification Number) is 45-0344784. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS December 9, 2020)
- Updated Form 990 for fiscal year 2021 (received by the IRS January 12, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS January 27, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 12, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS April 20, 2026)
- IRS filings on file for fiscal years 2020–2025
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Figures come from Minot State University Development Foundation'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.
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