THE NMU FOUNDATION WILL ESTABLISH AND FOSTER RELATIONSHIPS TO GENERATE RESOURCES THAT BENEFIT THE STRATEGIC GOALS OF NORTHERN MICHIGAN UNIVERSITY.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$85.7M
+10.9% YoY
Annual Giving
$3.7M
+10.5% YoY
Grant Count
5
+0.0% YoY
Avg Grant Size
$741K
+10.5% YoY
About The Northern Michigan University
Based on IRS filings
The Northern Michigan University is a nonprofit organization focused on Education, based in MARQUETTE, MI. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $85.7M in total assets. In 2025, it awarded 5 grants totaling $3.7M. Net investment income was $2.3M.
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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $85,717,144 | $77,295,763 | $70,883,331 |
| Revenue | $12,623,680 | $6,096,168 | $18,008,930 |
| Expenses | $5,017,434 | $5,430,993 | $4,810,789 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $2,327,363 | $2,649,692 | $2,273,153 |
| 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 2025
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 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRAD M CANALE | CHIEF EXECUTIVE OFFICER - PART YEAR | 40 | — |
| NICOLE A BLEMBERG | INTERIM CEO - 6/25, TRUSTEE | 40 | — |
| MARK B PYNNONEN | PRESIDENT | 1.9 | — |
| MICHAEL R OSWALD | VICE PRESIDENT | 1.9 | — |
| GERARD J MOLITOR | SECRETARY/TREASURER | 1.9 | — |
| JESSE W BELL | TRUSTEE | 0.6 | — |
| CAIN G BESSE | TRUSTEE | 0.6 | — |
| WILLIAM W BOWERMAN | TRUSTEE | 0.6 | — |
| KEVIN C BOYLE | TRUSTEE | 0.6 | — |
| WILLIAM W EDWARDS | TRUSTEE | 0.6 | — |
| JOSEPH A EVANS | TRUSTEE | 0.6 | — |
| TIMOTHY P GREELEY | TRUSTEE | 0.6 | — |
| STEPHEN P LATUS | TRUSTEE | 0.6 | — |
| JOHN F LIST | TRUSTEE | 0.6 | — |
| MARK R LOVELL | TRUSTEE | 0.6 | — |
| RUSSELL M MAGNAGHI | TRUSTEE | 0.6 | — |
| LISA M MUELLER | TRUSTEE | 0.6 | — |
| DAVID R NERENZ | TRUSTEE | 0.6 | — |
| LISA A TOMSHECK | TRUSTEE | 0.6 | — |
| CURT L TUCKER | TRUSTEE | 0.6 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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