EIN 23-7002314

Northern State University Foundation

IRS 501(c) type
501(c)(3)
Num. employees
32
City
Aberdeen
Year formed
1968
Most recent tax filings
2023-06-01
Description
The Northern State University Foundation is dedicated to securing the future of Northern State University. Its purpose is to solicit and administer funds and to pursue other activities to advance this goal. To solicit and administer funds and to pursue other activities, dedicated to securing the future of Northern State University. To solicit, administer funds & pursue other activities dedicated to securing the future of NSU.
Total revenues
$8,393,561
2023
Total expenses
$7,737,550
2023
Total assets
$63,521,925
2023
Num. employees
32
2023

Program areas at Northern State University Foundation

NSU Foundation paid 852 academic, 668 departmental, and 639 athletic scholarships to students attending Northern State University.
NSU Foundation provided support for alumni events to develop a spirit of camaraderie and fraternity among the NSU alumni, donors, and friends.
NSU Foundation provided funds to support Northern State University special projects, including departmental support of $1,116,728, athletic support of $920,455 including $104,640 of donated services and use of facilities, operational support of $208,365 and building additions and renovations of $201,937.

Who funds Northern State University Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Sanford Tax GroupAthletic Program Support, Economic Development, Workforce Development$687,000
The Millicent Merle Atkins Charitable TrustKindergarten and Elementary School Education Programs at Northern State University$520,311
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$182,550
...and 9 more grants received

Personnel at Northern State University Foundation

NameTitleCompensation
Zach FlakusPresident and Chief Executive Officer$183,119
Kaylee BabcockChief Financial Officer$74,798
Aimee RoyDirector of Development
Cathy HallPast Chief Financial Officer$58,386
Neal SchnoorNon - Voting Director$3,597
...and 11 more key personnel

Financials for Northern State University Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$5,129,590
Program services$877,094
Investment income and dividends$582,527
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$21,226
Net gain from sale of non-inventory assets$1,784,002
Net income from fundraising events$-878
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$8,393,561

Form 990s for Northern State University Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-03-28990View PDF
2022-062023-03-22990View PDF
2021-062022-04-25990View PDF
2020-062021-05-26990View PDF
2019-062021-02-09990View PDF
...and 9 more Form 990s
Data update history
January 3, 2025
Received grants
Identified 4 new grant, including a grant for $687,000 from Sanford Tax Group
August 25, 2024
Received grants
Identified 2 new grant, including a grant for $150,000 from Avera Health
May 20, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 19, 2024
Updated personnel
Identified 1 new personnel
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $20,000 from WaterStone
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Provides grantsLobbyingFundraising eventsOperates internationallyNational levelEndowed supportCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
620 15th Ave Se
Aberdeen, SD 57401
County
Brown County, SD
Website URL
northernstatefoundation.com/about/index.html 
Phone
(605) 626-2550
IRS details
EIN
23-7002314
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1968
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B80: Student Services and Organizations of Students
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - Awaiting Reporting
FTB status revoked
Not revoked
AG Registration Number
CT0266677
FTB Entity ID
4313922
AB 488 data last updated ("as-of") date
2025-01-15
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