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North Dakota · Nonprofit

VALLEY CITY STATE UNIVERSITY FOUNDATION

VALLEY CITY STATE UNIVERSITY FOUNDATION (North Dakota) receives grants from 15 organizations whose IRS filings report $862,949 to it, the largest being Edson & Margaret Larson Foundation ($255,000). 8 of them have funded it in more than one year.

Revenue FY2025
$6.9M
Funders on record
15
Grants received
$863k
Net assets
$30M
8/15 repeat funderspeak grant-dependency 11%
01What it does

What Valley City State University Foundation does

Mission

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.

As stated on its FY2025 Form 990.

Programs

  1. Scholarships were awarded to students attending Valley City State University

    $1,973,768 spentof which $1,973,768 as grants
    93% of program spending
  2. Contributions were given to Valley City State University to fund activities and certain athletics

    $124,412 spentof which $124,412 as grants
    6% of program spending
  3. Membership in Valley City State University's Century Club (athletics) and local charitable donations

    $15,000 spentof which $15,000 as grants
    1% of program spending
  4. Membership in Valley City State University's Century Club (athletics) and local charitable donations

The 4 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $2,113,180.

02The organization over time

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.

100 = 20172017 Revenue 100 ($2.8M) Expenses 100 ($2.5M) Net assets 100 ($14M)2018 Revenue 120 ($3.3M) Expenses 89 ($2.2M) Net assets 110 ($15M)2019 Revenue 130 ($3.6M) Expenses 129 ($3.2M) Net assets 112 ($15M)2020 Revenue 74 ($2.0M) Expenses 129 ($3.2M) Net assets 103 ($14M)2021 Revenue 155 ($4.3M) Expenses 104 ($2.6M) Net assets 140 ($19M)2022 Revenue 274 ($7.6M) Expenses 118 ($2.9M) Net assets 138 ($19M)2023 Revenue 84 ($2.3M) Expenses 112 ($2.8M) Net assets 144 ($20M)2024 Revenue 347 ($9.6M) Expenses 143 ($3.6M) Net assets 202 ($27M)2025 Revenue 248 ($6.9M) Expenses 160 ($4.0M) Net assets 224 ($30M)
'17'18'19'20'21'22'23'24'25
Revenue (248)Expenses (160)Net assets (224)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $20M to $27M (+39%).

$16M
$17M
$17M
$15M
$20M
$19M
$20M
$27M
$33M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 8% · 2018 6% · 2020 5% · 2021 14% · 2022 8% · 2023 4% · 2024 3% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$282k
’17
$1.1M
’18
$384k
’19
−$1.2M
’20
$1.7M
’21
$4.7M
’22
−$473k
’23
$6.1M
’24
$2.9M
’25
12
months of
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.

'17'18'19'20'21'22'23'24'25
Listed272624242425232418
Joined·+1+1+1+1+2+0+3+3
No longer listed·23111229
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 5 funders to 4 funders, grant income rose $126k → $251k.

7 of 15 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 49% 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: $50k from one payer (the payer shares this organization's board, largest Valley City - Barnes County Development Corporatio). These are real filings, and they are not money VALLEY CITY STATE UNIVERSITY FOUNDATION raised.

From the IRS filings of VALLEY CITY STATE UNIVERSITY FOUNDATION’s funders (the co-funder graph). 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

VALLEY CITY STATE UNIVERSITY FOUNDATION leans on a few funders — its largest provides 30% of grant income and the top three 67%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

52% 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 VALLEY CITY STATE UNIVERSITY FOUNDATION.

30%
largest funder
67%
top three
~5
effective funders

Largest funder’s share by year: 2017 80% · 2018 78% · 2019 50% · 2020 75% · 2021 67% · 2022 54% · 2023 80% — broadly stable.

“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

30% of VALLEY CITY STATE UNIVERSITY FOUNDATION's funders are still giving 3 years after their first grant; 53% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

58% of VALLEY CITY STATE UNIVERSITY FOUNDATION's grant income comes from North Dakota funders.

ID
ND
MN
SD
CO
NC
TX

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
North Dakota out of state home

Funder states come from each funder’s own filing. $426k arriving through sponsors registered in 6 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.

04Its place in the field

Organizations like VALLEY CITY 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

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

81% of spending goes to programs.

Program 81%Management 12%Fundraising 7%

Governance

18
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

78%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 1 related entity

  • Valley City State University · exempt

Screen this organization

A dated, signed PDF of the compliance screen for VALLEY CITY 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.

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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 VALLEY CITY STATE UNIVERSITY FOUNDATION?
VALLEY CITY STATE UNIVERSITY FOUNDATION (North Dakota) receives grants from 15 organizations whose IRS filings report $862,949 to it, the largest being Edson & Margaret Larson Foundation ($255,000). 8 of them have funded it in more than one year.
How many funders does VALLEY CITY STATE UNIVERSITY FOUNDATION have?
IRS filings report 15 organizations giving $862,949 in grants to VALLEY CITY STATE UNIVERSITY FOUNDATION, 8 of which have funded it in more than one year.
Who is the largest funder of VALLEY CITY STATE UNIVERSITY FOUNDATION?
Edson & Margaret Larson Foundation is the largest funder on record, with $255,000 in grants. The full list of funders is on this page.
How can an organization like VALLEY CITY 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 FY2025 (financials across 2017–2025), and the filings of 15 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