Northern State University Foundation
The Northern State University Foundation is dedicated to securing the future of Northern State University. Its purpose is to solicit and administer funds and to pursue other activities to advance this goal.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$70.8M
+11.5% YoY
Annual Giving
$6.2M
+7.4% YoY
Grant Count
5
+0.0% YoY
Avg Grant Size
$1.2M
+7.4% YoY
About Northern State University Foundation
Based on IRS filings
Northern State University Foundation is a nonprofit organization, based in ABERDEEN, SD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $70.8M in total assets. In 2024, it awarded 5 grants totaling $6.2M. Net investment income was $2.4M.
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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 | $70,844,993 | $63,521,925 | $67,511,706 |
| Revenue | $13,460,719 | $8,393,561 | $9,430,075 |
| Expenses | $8,534,566 | $7,737,550 | $11,162,432 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $2,364,294 | $2,366,529 | $2,267,141 |
| 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 5 recipients in 2024
Grant Size Distribution
25 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 |
|---|---|---|---|
| Zach Flakus | President/CEO/Non-Voting Director | 40 | $187,363 |
| Dr Neal Schnoor | Non-Voting Director | 2 | $4,395 |
| Megan Biegler | Chair | 2 | — |
| Mike Bockorny | Past-Chair | 2 | — |
| Steve Stickelmyer | Chair-Elect | 2 | — |
| Greg Wieker | Secretary/Treasurer | 2 | — |
| Chad Bergan | Director | 0.5 | — |
| Andrew Rehder to 10523 | Director | 0.5 | — |
| Jennifer Ring | Director | 0.5 | — |
| Jim Koehler to 10523 | Director | 0.5 | — |
| Mark McNeary | Director | 0.5 | — |
| Allie Ryckman | Director | 1 | — |
| Arthur Russo | Director | 0.5 | — |
| Kyle Schwan | Director | 0.5 | — |
| Ric Dias | Director | 0.5 | — |
| Jess Koehler | Director | 1 | — |
| Kila LeGrand | Director | 0.5 | — |
| Alex Grieben from 10523 | Director | 1 | — |
| Jared Jacobson from 111623 | Director | 1 | — |
| Kaylee Babcock | CFO | 40 | $88,582 |
Related Funders
Similar funders by location and focus area
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Assets
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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