Minnesota · Nonprofit
WINONA STATE UNIVERSITY FOUNDATION
WINONA STATE UNIVERSITY FOUNDATION (Minnesota) receives grants from 41 organizations whose IRS filings report $2,373,815 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($891,850). 25 of them have funded it in more than one year, and 51% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $8.0M
- Funders on record
- 41
- Grants received
- $2.4M
- Net assets
- $84M
What Winona State University Foundation does
Mission
Encourage bequests and donations for the benefit of students and the educational programs of winona state university
As stated on its FY2025 Form 990.
Programs
Scholarships to approximately 775 winona state university students.
$2,525,459 spentof which $2,525,459 as grants65% of program spendingGrants and expenditures supporting winona state university programs and activities. The foundation grants support over 120 individual programs at winona state university.
$1,050,527 spentof which $963,618 as grants$153,383 earned by the program27% of program spendingStudent housing activities, the foundation operates student housing comprising 100 units and more than 370 students.
$322,900 spent$702,713 earned by the program8% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $3,898,886.
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 $64M to $78M (+20%).
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.
42% of WINONA STATE UNIVERSITY FOUNDATION’s revenue is contributions — about as donation-reliant as the typical peer (48% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 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
Jon Olson
Executive director
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2019 and FY2020, and between the FY2020 and FY2021 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 7 funders to 17 funders, grant income rose $139k → $222k.
14 of 41 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 51% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of WINONA STATE UNIVERSITY FOUNDATION’s funders (the co-funder graph). Top 30 of 41 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
WINONA STATE UNIVERSITY FOUNDATION leans on a few funders — its largest provides 38% of grant income and the top three 63%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
67% 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 WINONA STATE UNIVERSITY FOUNDATION.
Largest funder’s share by year: 2017 44% · 2018 51% · 2019 58% · 2020 47% · 2021 38% · 2022 38% · 2023 39% — 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
50% of WINONA STATE UNIVERSITY FOUNDATION's funders are still giving 3 years after their first grant; 61% 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
51% of WINONA STATE UNIVERSITY FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $1.2M that is directly attributable, 56% of it comes from Minnesota funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.2M arriving through sponsors registered in 10 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
WINONA STATE UNIVERSITY FOUNDATION runs a healthier operating margin than three-quarters of the 9,615 education nonprofits its size.
this organization peer median middle 50% of peers· 9,615 education nonprofits $1M–$10M, FY2025
Organizations like WINONA 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 Minnesota
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
85% of spending goes to programs.
Governance
Public support
62%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 3 related entities
- Wsuf Housing LLC · disregarded
- Wsuf Ref LLC · disregarded
- Wsuf Aviation Resources · exempt
Screen this organization
A dated, signed PDF of the compliance screen for WINONA 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 WINONA STATE UNIVERSITY FOUNDATION?
- WINONA STATE UNIVERSITY FOUNDATION (Minnesota) receives grants from 41 organizations whose IRS filings report $2,373,815 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($891,850). 25 of them have funded it in more than one year, and 51% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does WINONA STATE UNIVERSITY FOUNDATION have?
- IRS filings report 41 organizations giving $2,373,815 in grants to WINONA STATE UNIVERSITY FOUNDATION, 25 of which have funded it in more than one year.
- Who is the largest funder of WINONA STATE UNIVERSITY FOUNDATION?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $891,850 in grants. The full list of funders is on this page.
- How can an organization like WINONA STATE UNIVERSITY FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. 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 41 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