Building enduring relationships that maximize advocacy and philanthropy to support North Dakota State University.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$688.4M
+9.7% YoY
Annual Giving
$38.2M
+1.9% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$38.2M
+1.9% YoY
About North Dakota State University Foundation
Based on IRS filings
North Dakota State University Foundation is a nonprofit organization focused on Education, based in FARGO, ND. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $688.4M in total assets. In 2024, it awarded 1 grants totaling $38.2M. Net investment income was $35.4M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $688,411,663 | $627,405,800 | $575,494,411 |
| Revenue | $102,362,441 | $69,047,973 | $58,170,689 |
| Expenses | $52,535,207 | $51,010,035 | $55,497,623 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $35,433,482 | $22,675,706 | $26,031,660 |
| Distributable Amount | — | — | — |
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 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| John R Glover | President & CEO | 60 | $407,231 |
| Allyson Peterson | Sr. VP of Finance & Operation/CFO | 40 | $212,337 |
| Monique Anderson | Sr. VP of Principal Giving | 40 | $191,269 |
| Justin Swanson | VP of Major Giving | 40 | $158,603 |
| Gail Dancer | VP of Information Services | 40 | $157,151 |
| Bethany Hardwig | VP of Alumni & Donor Connections | 40 | $150,869 |
| Lisa Otterson | Managing Director of Development | 40 | $136,106 |
| Stacey Ackerman Board Chair | (Jan-June)/Board member (July-Dec) | 2.5 | — |
| Dave Goodin Vice Chair | (Jan-Jun)/Chair (July-Dec) | 2.5 | — |
| Keith Peltier Secretary | (Jan-June)/Vice Chair (July-Dec) | 2.5 | — |
| Mike Vipond | Treasurer | 2.5 | — |
| Kevin Wolf Board Member | (Jan-June)/Secretary (July-Dec) | 2.5 | — |
| Dave Olig | Board Member | 2.5 | — |
| Neal Fisher | Board Member | 2.5 | — |
| Dave Maring | Board Member (Jan-June) | 2.5 | — |
| Chuck Ulmer | Board Member | 2.5 | — |
| Hugh McDonald | Board Member (Jan-June) | 2.5 | — |
| Bob Challey | Board Member | 2.5 | — |
| Jo Burdick | Board Member (July-Dec) | 2.5 | — |
| Dave Clouston | Board Member (July-Dec) | 2.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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—
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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