TO FOSTER, AID, ENCOURAGE AND ASSIST THE PURSUIT OF HIGHER EDUCATION BY REDUCING THE COST OF HIGHER EDUCATION THROUGH THE TOTAL HIGHER EDUCATION (THE) LOAN PROGRAM AND ADDITIONALLY THROUGH A GRANTS PROGRAM.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$825.6M
-18.9% YoY
Annual Giving
$4.3M
-8.0% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$1.1M
-8.0% YoY
About Northstar Education Finance Inc
Based on IRS filings
Northstar Education Finance Inc is a nonprofit organization focused on Education, based in EDEN PRAIRIE, MN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $825.6M in total assets. In 2024, it awarded 4 grants totaling $4.3M. Net investment income was $5.1M.
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 | $825,640,988 | $1,017,887,615 | $1,293,468,719 |
| Revenue | $68,106,847 | $72,587,293 | $40,177,777 |
| Expenses | $66,966,127 | $74,896,134 | $46,030,875 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $5,139,885 | $3,430,822 | $495,713 |
| 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 4 recipients in 2024
Grant Size Distribution
21 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 |
|---|---|---|---|
| TAIGE THORNTON | PRESIDENT | 15 | $100,000 |
| JOHN EMERICK | CHAIR | 1 | $37,500 |
| CLYDE NELSON | DIRECTOR | 1 | $27,500 |
| MARY ROTHCHILD | BOARD MEMBER | 1 | $27,500 |
| RICHARD HARRIS | DIRECTOR | 1 | $27,500 |
| ELIZABETH ANNE CARRIER DORAN | DIRECTOR (RETIRED) 12/2023 | 1 | $18,500 |
| RICHARD NIGON | DIRECTOR | 1 | $17,750 |
| DAVID REILING | DIRECTOR | 1 | $16,250 |
| CHARLES OSBORNE | CHIEF FINANCIAL OFFICER & TREASURER | 15 | $89,482 |
| SARAH DUNIWAY | SECRETARY | 1 | — |
| GREG LARSON | SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Minnesota Citizens Concerned
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Clearway Minnesota (sm)
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Assets
—
Grants
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Total Given
$442K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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