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
Among its reported 2024 grants, the largest include North Dakota State University ($38,240,320).
| Recipient | Purpose | Amount |
|---|---|---|
| North Dakota State University Fargo, ND | Cash grants provided for student scholarships, faculty support, departmental support, and capital projects. | $38,240,320 |
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
Frequently Asked Questions
What is North Dakota State University Foundation?
North Dakota State University Foundation is a nonprofit organization focused on Education, based in FARGO, ND. It holds $688.4M in total assets as of 2024.
How large is North Dakota State University Foundation?
As of 2024, North Dakota State University Foundation holds $688.4M in total assets with $102.4M in annual revenue. It awarded 1 grants totaling $38.2M in 2024.
Where does North Dakota State University Foundation operate?
North Dakota State University Foundation has awarded grants in North Dakota.
What size grants does North Dakota State University Foundation award?
In 2024, North Dakota State University Foundation awarded 1 grants totaling $38.2M — an average of about $38.2M per grant, based on its IRS Form 990 filings.
What is North Dakota State University Foundation's EIN?
North Dakota State University Foundation's EIN (Employer Identification Number) is 23-7120898. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in North Dakota State University Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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