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North Dakota State University Foundation

Ndsu Foundation Ndsu Foundation And Alumni Association

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237120898 ✦ Fargo, ND ✦ Designated as a 501(c)(3)

Overview

What is North Dakota State University Foundation?

The North Dakota State University Foundation is a nonprofit organization situated in Fargo, North Dakota, with a US address at 1241 N University Drive, ZIP code 58102. Its mission is to establish enduring relationships and generate advocacy and philanthropy in support of North Dakota State University (NDSU). The Foundation grants funds to NDSU for essentials like buildings, equipment, research, and faculty development, which are not covered by state appropriations or student tuition fees. With a dedicated team of 58 employees, the organization's activities include raising funds for various departmental needs and activities at NDSU.


Official website here: www.ndsufoundation.com

Is North Dakota State University Foundation legitimate?

North Dakota State University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Dakota State University Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $669,893
Professional Fundraising Fees: $172,247
Other Salaries and Wages: $3,630,627

For more financial information, click here


Official website here: www.ndsufoundation.com

What is the mission statement of North Dakota State University Foundation?

The North Dakota State University Foundation works to establish lasting connections that amplify advocacy and charitable giving to bolster North Dakota State University. Their mission is to foster these enduring relationships, which in turn, enhance the university's resources and capabilities beyond those sustained through state funding or student tuition. The foundation's initiatives involve providing grants for various purposes such as constructing facilities, acquiring equipment, supporting research, financing lectures, aiding faculty development, and covering departmental expenses that aren't included in the university's budget.


Official website here: www.ndsufoundation.com

Who is the CEO of North Dakota State University Foundation?

John R Glover is the President & Ceo of North Dakota State University Foundation. The CEO's salary of North Dakota State University Foundation is $375,608 and their total compensation is $427,783.


Official website here: www.ndsufoundation.com

What is the revenue of North Dakota State University Foundation?

North Dakota State University Foundation's revenue in 2022 was $58,170,689.


Official website here: www.ndsufoundation.com

Who are the executives of North Dakota State University Foundation and what are their salaries?

The average compensation at North Dakota State University Foundation during 2022 was $74,147. There are 58 employees and 345 volunteers at North Dakota State University Foundation.

Here are 20 key members and their salaries (North Dakota State University Foundation's CEO's salary is $375,608 and their total compensation is $427,783):

    John R Glover (President & Ceo)
  • Compensation: $375,608
  • Related: $0
  • Other: $52,175

    • Allyson Peterson (Sr. Vp Of Finance & Operation/Cfo)
  • Compensation: $196,684
  • Related: $0
  • Other: $43,149

    • Monique Anderson (Sr. Vp Of Development)
  • Compensation: $184,141
  • Related: $0
  • Other: $46,791

    • Gail Dancer (Vp Of Information Services)
  • Compensation: $138,971
  • Related: $0
  • Other: $36,703

    • Lisa Otterson (Managing Director Of Development)
  • Compensation: $121,950
  • Related: $0
  • Other: $44,838

    • Randy Schmeling (Sr. Director Of Development)
  • Compensation: $121,599
  • Related: $0
  • Other: $38,059

    • Sara Wald (Sr. Director Of Development)
  • Compensation: $122,717
  • Related: $0
  • Other: $27,885

    • Jennifer Hopkins Chair Jan- (June)/Board Member (July-Dec)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stacey Ackerman Treasurer Jan- (June)/Chair (July-Dec)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Neal Fisher Vice Chair Jan- (June)/Board Member (July-Dec)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Goodin Board Member Jan- (July)/Vice Chair (July-Dec)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Olig (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Vipond (Treasurer (July-Dec)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Dunn (Board Member (Jan-June)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Maring (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Keith Peltier (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barb Jones (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Hambrick (Board Member (Jan-June)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chuck Ulmer (Board Member (July-Dec)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hugh Mcdonald (Board Member (July-Dec)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ndsufoundation.com

    Where can I find the form 990 for North Dakota State University Foundation?

    The North Dakota State University Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ndsufoundation.com

    Learn more at the official website: www.ndsufoundation.com

    Mission Statement of North Dakota State University Foundation

    The North Dakota State University Foundation is committed to fostering lasting relationships that amplify advocacy and philanthropy in support of North Dakota State University. In essence, the foundation functions as a bridge between supporters and the esteemed educational institution, facilitating funds for various initiatives that extend beyond state appropriations and student tuition fees.

    The foundation's primary objective is to construct enduring relationships, enabling it to effectively advocate for and raise funds on behalf of North Dakota State University. This financial backing is essential for the university to thrive, as it funds vital areas such as buildings, equipment, research, lectures, faculty development, supplies, travel, and other departmental needs. By doing so, the foundation plays a crucial role in enhancing the overall educational experience for students and advancing the university's academic pursuits.

    In summary, the North Dakota State University Foundation serves as a vital partner to the university, generating essential resources that foster academic growth and development. Through its dedication to building enduring relationships, the foundation maximizes advocacy and philanthropy, ensuring the university's continued success and ability to provide an exceptional learning environment for its students.

    Impact

    This information is meant to be a general summary of North Dakota State University Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    North Dakota State University Foundation plays a pivotal role in building enduring relationships to maximize advocacy and philanthropy in support of North Dakota State University. Through their grants, the Foundation supports various needs of the university, including buildings, equipment, research, faculty development, and more, that are not covered by state appropriations or student tuition fees. By fostering these relationships and securing resources, the Foundation significantly contributes to the continued growth and success of NDSU in Fargo, North Dakota.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $26,031,660
  • Program Service Revenue: $993,494
  • Gross Receipts: $117,697,839

    • Assets and Liabilities:
  • Total Assets: $575,494,411
  • Total Liabilities: $40,784,715
  • Net Assets: $534,709,696
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Alumni Records Fees

    Revenue

    $863,638

    Program Event Revenue

    Revenue

    $69,327

    Miscellaneous Program Income

    Revenue

    $60,529

    Organization Details

    Founding Year

    1971

    Principal Officer

    John R Glover

    Main Address

    1241 N University Drive, Fargo, ND, 58102

    NTEE Category

    Code: B84 - Education

    If you are a representative of North Dakota State University Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.