St Cloud State University Foundation Inc logo

St Cloud State University Foundation Inc

Public charity · Grantmaker St Cloud, MN EIN: 41-6019040 Website

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

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

St Cloud

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M1 grant2019 1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

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

St Cloud State University: $2.4MSt Cloud State University$2.4M

The largest 2025 recipient was St Cloud State University ($2.4M).

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M5$1–5M$5M+

The most common grant size was in the $1–5M range: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
St Cloud State University St Cloud, MNAssistance to Scsu and Student Scholarships$2,383,795

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$5M$10M$15M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
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

  1. Updated Form 990 for fiscal year 2019 (received by the IRS February 6, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS April 7, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS April 15, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS March 29, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS May 2, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS April 8, 2025)
  7. Updated Form 990 for fiscal year 2025 (received by the IRS March 26, 2026)
  8. 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

Nicholas Katona — Executive Director - Part Year: $207KNicholas KatonaExecutive Director - Part Year$207KConnie Robinson — Director of Finance: $105KConnie RobinsonDirector of Finance$105K

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.

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