EIN 23-7120898

NDSU Foundation

IRS 501(c) type
501(c)(3)
Num. employees
67
City
Year formed
1971
Most recent tax filings
2024-12-01
Description
The North Dakota State University Foundation and Alumni Association creates opportunities to advance education, research, and service at the University. We work in close collaboration with faculty, staff, students, and alumni, along with businesses, different industries, and the community, to better understand and represent common interests. With the needs of the entire university in mind, we efficiently and effectively raise funds, manage assets, and administer other privately funded resources to stimulate continued development at NDSU.
Also known as...
North Dakota State University Foundation; North Dakota State University Foundation and Alumni Association; North Dakota State University Development Foundation; Ndsu Development Foundation Alumni Association; Ndsu Foundation and Alumni Association; North Dakota State Univ Alumni Asso
Total revenues
$102,362,441
2024
Total expenses
$52,535,207
2024
Total assets
$688,411,663
2024
Num. employees
67
2024

Program areas at NDSU Foundation

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.
Alumni records, newsletters and special events such as Homecoming, city alumni/student exchanges. Sponsor University programs such as Harvest Bowl and Celebration of Excellence.
Scholarships and awards to students enrolled at North Dakota State University selected by independent scholarship committees.

Who funds NDSU Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Charles Koch FoundationGeneral Operating Support$2,000,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$1,458,000
Vanguard CharitableFor Recipient's Exempt Purpose$303,221
...and 47 more grants received totalling $5,369,821

Financials for NDSU Foundation

RevenuesFYE 12/2024
Total grants, contributions, etc.$65,520,128
Program services$1,278,689
Investment income and dividends$32,241,669
Tax-exempt bond proceeds$0
Royalty revenue$948,032
Net rental income$-479,182
Net gain from sale of non-inventory assets$3,191,813
Net income from fundraising events$-371,663
Net income from gaming activities$0
Net income from sales of inventory$32,955
Miscellaneous revenues$0
Total revenues$102,362,441
Data update history
July 26, 2026
Received grants
Identified 11 new grant, including a grant for $105,000 from Terry J and Susan K Hanson Foundation
April 21, 2026
Received grants
Identified 21 new grant, including a grant for $2,000,000 from Charles Koch Foundation
March 31, 2026
Posted financials
Added Form 990 for fiscal year 2024
March 16, 2026
Updated personnel
Identified 2 new personnel
January 30, 2026
Updated personnel
Identified 1 new personnel
Nonprofit Types
School foundationsGrantmaking organizationsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Legally formed as corporationFunds one specific organizationPolitical advocacyProvides grantsLobbyingFundraising eventsOperates internationallyState / local levelEndowed supportCommunity engagement / volunteeringGala fundraisersAuction fundraisersTax deductible donationsAccepts online donations
General information
Address
1241 N University Dr
Fargo, ND 58102
Metro area
Fargo, ND-MN
County
Cass County, ND
Website URL
ndsufoundation.com/ 
Phone
(800) 279-8971
IRS details
EIN
23-7120898
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1971
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B11: Education Single Organization Support
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0250199
FTB Entity ID
8118107
AB 488 data last updated ("as-of") date
2026-08-19
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