Valley City State University Foundation

Public charity · Grantmaker Valley City, ND EIN: 23-7178785

Valley City State University Foundation aids in the advancement of Valley City State University by awarding scholarships and by promoting the University. Support comes primarily from contributions by individuals and businesses, fundraising events, and investment income.

Valley City State University Foundation at a glance

In short: Valley City State University Foundation gave $3.2M across 1 grant in 2025 (avg $3.2M), mostly in North Dakota. Source: 2025 IRS Form 990.

Annual giving (2025)
$3,221,664
+52.5% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$3,221,664
+52.5% vs 2024
Median grant
$3,221,664
Total assets
$32,845,201
+19.4% vs 2024
Primary geography
North Dakota (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026.

Who Valley City State University Foundation funds

How this funder distributes its grants

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K2$100–250K$250–500K$500K–1M3$1–5M$5M+

The most common grant size was in the $1–5M range: 3 grants of 5 (60%).

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

Valley City

How Valley City State University Foundation gives

  • Giving grew 1343% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $150K (2021) to $3.2M (2025). In 2025 it made 1 grant totaling $3.2M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
1 individual scholarship Recipients not named —$3,221,664
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$32,845,201$6,875,294$3,979,222$3,221,6641$2,317,332
2024$27,499,825$9,642,119$3,560,249$2,113,1801$617,855
2023$19,726,854$2,329,236$2,802,730$1,972,7151$690,013
2022$18,931,398$7,610,342$2,938,317$223,2401$1,907,099
2021$19,577,271$4,313,642$2,592,211$149,7111$1,022,220
2020$14,752,360$2,039,931$3,210,866$813,8631$878,708

About Valley City State University Foundation

Based on IRS filings

Valley City State University Foundation is a public charity, based in Valley City, ND. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $32.8M in total assets. In 2025, it awarded 1 grant totaling $3.2M. Net investment income was $2.3M.

Leadership & Key People

Officers and directors from IRS filings

Valley City State University Foundation is led by Jeff Nathan, President since 2024 (on filings since 2020); none of the 18 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Jeff Nathan

    President

    Treasurer → President, 2024

    On filings since 2020

    10 hrs/week

    No compensation reported

  • Bob Bergan

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Dee Jensen

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • DuWayne Bott

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Josh Kasowski

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Ken Astrup

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Kirsten Baesler

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Mark Finstad

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Mark Richman

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Paul Sandness

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Karsten Melgaard

    Director

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Ryan Leroux

    Director

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Gigi Goven

    Director

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Joe Deutsch

    Director

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Stephanie Ness

    Director

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Dave Bass

    Secretary

    On filings since 2020

    10 hrs/week

    No compensation reported

  • Matt Pedersen

    Vice President

    Vice Chairman → Vice President, 2025

    On filings since 2020

    10 hrs/week

    No compensation reported

  • Liz Ryerson

    Treasurer

    On filings since 2024

    10 hrs/week

    No compensation reported

Former officers (15)
  • Former: Al LaFave (2020–2024) — Non-Voting Director
  • Former: Genevieve Goven (2020–2024) — Director
  • Former: George Gaukler (2020–2024) — Director
  • Former: Larry Robinson (2020–2024) — Director
  • Former: Phil Mueller (2020–2024) — Director
  • Former: Robert Horne (2020–2024) — Director
  • Former: Cory Anderson (2022–2024) — Non-Voting Director
  • Former: Erica Buchholz (2024) — Non-Voting Director
  • Former: Matt Klabo (2024) — Director
  • Former: Jerry Topp (2020–2023) — Director
  • Former: Mary Simonson (2020–2023) — Chairman
  • Former: Dick Gulmon (2020–2022) — Director
  • Former: Raymond J Braun (2020–2022) — Director
  • Former: Wesley Wintch (2020–2021) — Non-Voting Director
  • Former: Gene Smestad (2020) — Director

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Valley City State University Foundation

How much does Valley City State University Foundation give each year?

Valley City State University Foundation gave $3.2M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $2.1M across 1 grant.

How large is Valley City State University Foundation?

Valley City State University Foundation reported $32.8M in total assets on its 2025 IRS Form 990. Its revenue that year was $6.9M.

Where does Valley City State University Foundation operate?

Valley City State University Foundation has awarded grants in North Dakota.

What is Valley City State University Foundation's EIN?

Valley City State University Foundation's EIN (Employer Identification Number) is 23-7178785. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 24, 2020)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS December 7, 2021)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS December 12, 2022)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS October 8, 2023)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS October 24, 2024)
  6. Updated Form 990 for fiscal year 2025 (received by the IRS October 20, 2025)
  7. IRS filings on file for fiscal years 2020–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Valley City State University Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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