The foundation serves the students, faculty and staff at st. Cloud state university by engaging interested alumni and friends in supporting the mission, programs, and goals of the university. St. Cloud state university is a highly accredited regional comprehensive university that provides excellent education at an affordable price for a diverse student body. Key areas of support include scholarships, faculty, program, facilities, and equipment.
Key facts about St Cloud State University Foundation Inc
In short: St Cloud State University Foundation Inc gave $2.4M across 1 grant in 2025 (avg $2.4M), mostly in Minnesota. Source: 2025 IRS Form 990.
- EIN
- 41-6019040
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $2,383,795
- Grants made (2025)
- 1
- Average grant
- $2,383,795
- Median grant
- $2,383,795
- Total assets
- $65,495,716
- Primary geography
- Minnesota (100% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$65.5M
+8.7% YoY
Annual Giving
$2.4M
-47.9% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$2.4M
-47.9% YoY
How St Cloud State University Foundation Inc gives
- Giving fell 27% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
About St Cloud State University Foundation Inc
Based on IRS filings
St Cloud State University Foundation Inc is a public charity focused on Education, based in St Cloud, MN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $65.5M in total assets. In 2025, it awarded 1 grant totaling $2.4M. Net investment income was $3.6M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $2.0M (2021) to $4.6M (2024). In 2025 it made 1 grant totaling $2.4M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was St Cloud State University ($2.4M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $1–5M range: 5 grants of 5 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| St Cloud State University St Cloud, MN | Assistance to Scsu and Student Scholarships | $2,383,795 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $65,495,716 | $60,245,590 | $55,996,709 |
| Revenue | $6,126,115 | $6,545,221 | $4,586,966 |
| Expenses | $4,013,678 | $7,350,612 | $5,399,010 |
| Net Investment Income | $3,596,651 | $1,614,812 | $1,666,271 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2019 (received by the IRS February 6, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS April 7, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS April 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS March 29, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 2, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS April 8, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS March 26, 2026)
- IRS filings on file for fiscal years 2019–2025
Leadership & Key People
Officers and directors from IRS filings
St Cloud State University Foundation Inc is led by Nicholas Katona, Executive Director - since 2025 (on filings since 2023); 2 of 21 officers listed in 2025 are compensated.
Officers on the 2025 filing
Nicholas Katona
Executive Director -
Vice President of Advancement → Executive Director, 2024
Executive Director → Executive Director -, 2025
On filings since 2023
18.8 hrs/week
$207K (2025)
Mark Parsons
Executive Director -
New on the 2025 filing
18.8 hrs/week
No compensation reported
Dave Mingo
Chair
Trustee → Chairperson, 2024
Chairperson → Chair, 2025
On filings since 2019
1.5 hrs/week
No compensation reported
Connie Robinson
Director of Finance
On filings since 2022
40 hrs/week
$105K (2025)
Barclay Carriar
Trustee
Chairperson → Director Or Trustee, 2021
Director Or Trustee → Trustee, 2023
On filings since 2019
1 hr/week
No compensation reported
Chuck Sell
Trustee
Director Or Trustee → Secretary, 2020
Secretary → Trustee, 2024
On filings since 2019
1 hr/week
No compensation reported
Dominic Turpin
Trustee
Director Or Trustee → Trustee, 2023
On filings since 2019
1 hr/week
No compensation reported
Lynne Warne
Trustee
Chair Elect → Chairperson, 2021
Chairperson → Trustee, 2024
On filings since 2019
1 hr/week
No compensation reported
Mike Roos
Trustee
Treasurer → Trustee, 2025
On filings since 2019
1.5 hrs/week
No compensation reported
Patricia Sparks
Trustee
Director Or Trustee → Trustee, 2023
On filings since 2019
1 hr/week
No compensation reported
Scott Anderson
Trustee
Director Or Trustee → Trustee, 2023
On filings since 2019
1 hr/week
No compensation reported
Todd Jackson
Trustee
Director Or Trustee → Trustee, 2023
On filings since 2019
1 hr/week
No compensation reported
Sandy Hansen-Wolff
Trustee
Director Or Trustee → Trustee, 2023
On filings since 2020
1 hr/week
No compensation reported
Preeth John
Trustee
On filings since 2023
1 hr/week
No compensation reported
Charlie Eisenreich
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Chris Thiebaut
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Christin Hegle
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Lisa Stark
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Nina Skage
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
John Herges
Secretary
Director Or Trustee → Trustee, 2023
Trustee → Secretary, 2024
On filings since 2022
1.5 hrs/week
No compensation reported
Carrie Karki
Vice Chair
Trustee → Vice Chair, 2025
On filings since 2023
1.5 hrs/week
No compensation reported
Former officers (24)
- Former: Molly Renslow (2019–2024) — Trustee
- Former: Jesseka Doherty (2022–2024) — Trustee
- Former: Andrew Gasperlin (2023–2024) — Trustee
- Former: Perry Rassler (2023–2024) — Trustee
- Former: Brad Goskowicz (2019–2023) — Trustee
- Former: Gary W. Anderson (2019–2023) — Trustee
- Former: Matthew Andrew (2019–2023) — Former Vice President of Advancement
- Former: Kevin Gohl (2021–2023) — Former Director of Finance
- Former: Matt Varilek (2023) — Trustee
- Former: Amy Porwoll (2019–2022) — Director Or Trustee
- Former: Robert Sicora (2021–2022) — Director Or Trustee
- Former: Jeanne Rudelius (2019–2021) — Director Or Trustee
- Former: Kathleen Skarvan (2019–2021) — Director Or Trustee
- Former: Mynul Khan (2019–2021) — Director Or Trustee
- Former: Roger Lewis (2019–2021) — Former Director of Finance
- Former: Herbert Jameson III (2020–2021) — Director Or Trustee
- Former: Byron Payne (2019–2020) — Director Or Trustee
- Former: Dave Anderson (2019–2020) — Director Or Trustee
- Former: Sean Whitlock (2019–2020) — Director Or Trustee
- Former: Bob Gustafson (2020) — Director Or Trustee
- Former: Brittany McKinney (2019) — Director Or Trustee
- Former: Denny Holland (2019) — Director Or Trustee
- Former: Jim Pehler (2019) — Secretary
- Former: Quintin Rubald III (2019) — Director Or Trustee
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $207K, to Nicholas Katona (Executive Director - Part Year). 2 officers or directors reported compensation on that filing.
Frequently asked questions about St Cloud State University Foundation Inc
How much does St Cloud State University Foundation Inc give each year?
St Cloud State University Foundation Inc gave $2.4M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $4.6M across 1 grant.
How large is St Cloud State University Foundation Inc?
St Cloud State University Foundation Inc reported $65.5M in total assets on its 2025 IRS Form 990. Its revenue that year was $6.1M.
What is St Cloud State University Foundation Inc?
St Cloud State University Foundation Inc is a public charity focused on Education, based in St Cloud, MN. It holds $65.5M in total assets as of 2025.
Where does St Cloud State University Foundation Inc operate?
St Cloud State University Foundation Inc has awarded grants in Minnesota.
What is St Cloud State University Foundation Inc's EIN?
St Cloud State University Foundation Inc's EIN (Employer Identification Number) is 41-6019040. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching St Cloud State University Foundation Inc by hand.
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