North Dakota · Nonprofit
North Dakota State University Foundation
North Dakota State University Foundation (North Dakota) receives grants from 106 organizations whose IRS filings report $47,824,172 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($9,368,934). 72 of them have funded it in more than one year.
- Revenue FY2024
- $102M
- Funders on record
- 106
- Grants received
- $48M
- Net assets
- $641M
What North Dakota State University Foundation does
Mission
Building enduring relationships that maximize advocacy and philanthropy to support North Dakota State University.
As stated on its FY2024 Form 990.
Programs
Grants to NDSU for buildings, equipment, research, lectures, faculty development, supplies, travel and other departmental needs and activities not funded through state appropriations or student tuition fees.
$23,446,586 spentof which $23,446,586 as grants58% of program spendingScholarships and awards to students enrolled at North Dakota State University selected by independent scholarship committees.
$14,793,734 spentof which $14,793,734 as grants36% of program spendingAlumni records, newsletters and special events such as Homecoming, city alumni/student exchanges. Sponsor University programs such as Harvest Bowl and Celebration of Excellence.
$2,302,161 spent$1,311,644 earned by the program6% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $40,542,481.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $450M to $630M (+40%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2020 3%. Grants only. Government contracts and fees sit inside program revenue.
64% of North Dakota State University Foundation’s revenue is contributions — more reliant on donations than three-quarters of its peers (14% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 7 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
John R Glover
President & CEO
Board chair
Dave Goodin Vice Chair
(Jan-Jun)/Chair (July-Dec)
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 15 funders to 52 funders, grant income rose $478k → $7.5M.
33 of 106 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 35% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $503k from one payer (an institutional transfer, not a grant programme, largest Team Makers Club Inc). These are real filings, and they are not money North Dakota State University Foundation raised.
From the IRS filings of North Dakota State University Foundation’s funders (the co-funder graph). Top 30 of 106 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
North Dakota State University Foundation has a broad base — no single funder exceeds 20% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
59% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund North Dakota State University Foundation.
Largest funder’s share by year: 2017 48% · 2018 55% · 2019 51% · 2020 31% · 2021 31% · 2022 36% · 2023 38% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
57% of North Dakota State University Foundation's funders are still giving 3 years after their first grant; 68% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
North Dakota State University Foundation draws 85% of its grant income from funders outside North Dakota, across 23 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $17M arriving through sponsors registered in 21 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
North Dakota State University Foundation runs a healthier operating margin than three-quarters of the 696 education nonprofits its size.
this organization peer median middle 50% of peers· 696 education nonprofits over $100M, FY2024
Organizations like North Dakota State University Foundation
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In North Dakota
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
77% of spending goes to programs.
Governance
Public support
40%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 11 states
Part of a family of 6 related entities
- Pathway Ventures LLC · disregarded
- Fossum Foundation Inc · exempt
- Charitable Remainder Unitrusts (23) · corp_trust
- Charitable Remainder Annuity Trust (1) · corp_trust
- Perpetual Trusts (2) · corp_trust
Screen this organization
A dated, signed PDF of the compliance screen for North Dakota State University Foundation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds North Dakota State University Foundation?
- North Dakota State University Foundation (North Dakota) receives grants from 106 organizations whose IRS filings report $47,824,172 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($9,368,934). 72 of them have funded it in more than one year.
- How many funders does North Dakota State University Foundation have?
- IRS filings report 106 organizations giving $47,824,172 in grants to North Dakota State University Foundation, 72 of which have funded it in more than one year.
- Who is the largest funder of North Dakota State University Foundation?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $9,368,934 in grants. The full list of funders is on this page.
- How can an organization like North Dakota State University Foundation find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in North Dakota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 106 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing