North Dakota State University Foundation
Building enduring relationships that maximize advocacy and philanthropy to support North Dakota State University.
North Dakota State University Foundation at a glance
In short: North Dakota State University Foundation gave $38.2M across 1 grant in 2024 (avg $38.2M), mostly in North Dakota. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $38,240,320
- +1.9% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $38,240,320
- +1.9% vs 2023
- Median grant
- $38,240,320
- Total assets
- $688,411,663
- +9.7% 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 North Dakota State University Foundation funds
How this funder distributes its grants
Grant Size Distribution
5 grants across all recorded years
The most common grant size was $5M or more: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How North Dakota State University Foundation gives
- Giving grew 102% 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 $18.1M (2020) to $44.6M (2022). In 2024 it made 1 grant totaling $38.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 1 individual scholarship Recipients not named | — | $38,240,320 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $688,411,663 | $102,362,441 | $52,535,207 | $38,240,320 | 1 | $35,433,482 |
| 2023 | $627,405,800 | $69,047,973 | $51,010,035 | $37,519,157 | 1 | $22,675,706 |
| 2022 | $575,494,411 | $58,170,689 | $55,497,623 | $44,592,776 | 1 | $26,031,660 |
| 2021 | $630,421,600 | $199,184,967 | $28,095,849 | $18,959,308 | 1 | $40,912,564 |
| 2020 | $450,450,295 | $29,663,255 | $26,474,179 | $18,051,259 | 1 | $14,039,248 |
About North Dakota State University Foundation
Based on IRS filings
North Dakota State University Foundation is a public charity 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 grant totaling $38.2M. Net investment income was $35.4M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
North Dakota State University Foundation is led by John R Glover, President & CEO on every filing since 2020; 7 of 20 officers listed in 2024 are compensated.
Officers on the 2024 filing
John R Glover
President & CEO
On filings since 2020
60 hrs/week
$311K (2020) → $407K (2024)
Dave Goodin Vice Chair
Chair
New on the 2024 filing
2.5 hrs/week
No compensation reported
Lisa Otterson
Managing Director of Development
On filings since 2021
40 hrs/week
$107K (2021) → $136K (2024)
Allyson Peterson
Senior Vice President of Finance, Operations & CFO
On filings since 2020
40 hrs/week
$155K (2020) → $212K (2024)
Monique Anderson
Senior Vice President of Principal Giving
Vice President of Development → Senior Vice President of Development, 2022
Senior Vice President of Development → Senior Vice President of Principal Giving, 2023
On filings since 2020
40 hrs/week
$147K (2020) → $191K (2024)
Gail Dancer
Vice President of Information Services
On filings since 2021
40 hrs/week
$114K (2021) → $157K (2024)
Justin Swanson
Vice President of Major Giving
On filings since 2023
40 hrs/week
$130K (2023) → $159K (2024)
Bethany Hardwig
Vice President of Alumni & Donor Connections
New on the 2024 filing
40 hrs/week
$151K (2024)
Dave Olig
Board Member
Secretary → Secretary & Board Member, 2023
Secretary & Board Member → Board Member, 2024
On filings since 2020
2.5 hrs/week
No compensation reported
Neal Fisher
Board Member
On filings since 2020
2.5 hrs/week
No compensation reported
Mike Vipond
Treasurer
Board Member → Treasurer, 2022
On filings since 2021
2.5 hrs/week
No compensation reported
Chuck Ulmer
Board Member
On filings since 2022
2.5 hrs/week
No compensation reported
Dave Maring
Board Member
On filings since 2022
2.5 hrs/week
No compensation reported
Hugh McDonald
Board Member
On filings since 2022
2.5 hrs/week
No compensation reported
Bob Challey
Board Member
On filings since 2023
2.5 hrs/week
No compensation reported
Dave Clouston
Board Member
New on the 2024 filing
2.5 hrs/week
No compensation reported
Jo Burdick
Board Member
New on the 2024 filing
2.5 hrs/week
No compensation reported
Keith Peltier Secretary
Vice Chair
New on the 2024 filing
2.5 hrs/week
No compensation reported
Kevin Wolf Board Member
Secretary
New on the 2024 filing
2.5 hrs/week
No compensation reported
Stacey Ackerman Board Chair
Board Member
New on the 2024 filing
2.5 hrs/week
No compensation reported
Former officers (26)
- Former: Stacey Ackerman (2020–2023) — Board Chair
- Former: Barb Jones (2021–2023) — Board Member
- Former: Dave Goodin (2021–2023) — Vice Chair
- Former: Jennifer Hopkins (2021–2023) — Board Member
- Former: Keith Peltier (2021–2023) — Secretary
- Former: Joshua Andres (2023) — Assistant Vice President of Finance & Controller
- Former: Kevin Wolf (2023) — Board Member
- Former: Dan Dunn (2020–2022) — Board Member
- Former: Jim Hambrick (2020–2022) — Board Member
- Former: Dave Goodin Board Member Jan- (2021–2022) — July & Vice Chair
- Former: Sara Wald (2021–2022) — Senior Director of Development
- Former: Jennifer Hopkins Chair Jan- (2022) — June & Board Member
- Former: Neal Fisher Vice Chair Jan- (2022) — June & Board Member
- Former: Randy Schmeling (2022) — Senior Director of Development
- Former: Stacey Ackerman Treasurer Jan- (2022) — June & Chair
- Former: Connie Nicholas (2020–2021) — Board Member
- Former: Curtis Cox (2020–2021) — Senior Director of Gift Planning
- Former: Jeff Volk (2020–2021) — Board Member
- Former: Michael Krueger (2020–2021) — Board Member
- Former: Dan Dunn Vice Chair Jan- (2021) — June & Board Member
- Former: John Erickson (2021) — Board Member
- Former: Neal Fisher Board Member (2021) — Vice Chair
- Former: Dave Maring Board Member (2020) — Secretary
- Former: Jennifer Hopkins Secretary (2020) — Chair
- Former: John Erickson Treasurer (2020) — Board Member
- Former: Mike Meyer (2020) — Managing Director of Development
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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $407K, to John R Glover (President & CEO). 7 officers or directors reported compensation on that filing.
Frequently asked questions about North Dakota State University Foundation
How much does North Dakota State University Foundation give each year?
North Dakota State University Foundation gave $38.2M across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $37.5M across 1 grant.
How large is North Dakota State University Foundation?
North Dakota State University Foundation reported $688.4M in total assets on its 2024 IRS Form 990. Its revenue that year was $102.4M.
What is North Dakota State University Foundation?
North Dakota State University Foundation is a public charity focused on Education, based in Fargo, ND. It holds $688.4M in total assets as of 2024.
Where does North Dakota State University Foundation operate?
North Dakota State University Foundation has awarded grants in North Dakota.
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.
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 October 26, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 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 North Dakota State University Foundation's focus areas in our free grants database
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Figures come from North Dakota State University 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.
North Dakota State University Foundation down — hundreds of funders to go?