Valley City State University Foundation
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
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
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
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
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
| Recipient | Purpose | Amount |
|---|---|---|
| 1 individual scholarship Recipients not named | — | $3,221,664 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $32,845,201 | $6,875,294 | $3,979,222 | $3,221,664 | 1 | $2,317,332 |
| 2024 | $27,499,825 | $9,642,119 | $3,560,249 | $2,113,180 | 1 | $617,855 |
| 2023 | $19,726,854 | $2,329,236 | $2,802,730 | $1,972,715 | 1 | $690,013 |
| 2022 | $18,931,398 | $7,610,342 | $2,938,317 | $223,240 | 1 | $1,907,099 |
| 2021 | $19,577,271 | $4,313,642 | $2,592,211 | $149,711 | 1 | $1,022,220 |
| 2020 | $14,752,360 | $2,039,931 | $3,210,866 | $813,863 | 1 | $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
- Updated Form 990 for fiscal year 2020 (received by the IRS November 24, 2020)
- Updated Form 990 for fiscal year 2021 (received by the IRS December 7, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS December 12, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 8, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS October 24, 2024)
- Updated Form 990 for fiscal year 2025 (received by the IRS October 20, 2025)
- IRS filings on file for fiscal years 2020–2025
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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.
Valley City State University Foundation down — hundreds of funders to go?