Charity Search / NORTH DAKOTA STATE UNIVERSITY FOUNDATION
Education (B110) IRS Verified DX Registered 990 on File

NORTH DAKOTA STATE UNIVERSITY FOUNDATION

EIN: 23-7120898 · FARGO, ND 58102-2524 · United States · FY 2024 Data
3 out of 5
CharityAI™ Score
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Mission Statement

MISSIONWith energy and momentum, North Dakota State University addresses the needs and aspirations of people in a changing world by building on our land-grant foundation. VISIONWe envision a vibrant university that will be globally identified as a contemporary metropolitan land-grant institution. CORE VALUESNDSU is guided by the following key values and principles: Land-GrantWe reflect and serve geographically and culturally diverse populations. We share institutional success across the university. We anticipate and welcome growth and service that will occur in ways yet to be conceived. We embrace our unique complexities as a land-grant university on the Northern Great Plains. We remain committed to serving people globally. PeopleWe derive strength and vitality from each other and from the diverse communities we serve. We care about the current and future welfare of our students, staff, and faculty. We promote excellence through individuals participating in decisions and value cooperation for the common good. ScholarshipWe are an engaged university and acknowledge and pursue scholarship of all forms, including discovery, teaching, integration, and application. We uphold the rights and responsibilities of academic freedom. Teaching and LearningWe provide a superior teaching and learning environment within and outside of the traditional classroom. We promote and value liberal, graduate, and professional education in a collegial environment where divergent ideas can be shared. We foster an environment that promotes life-long learning with individually-defined goals. EthicsWe maintain our integrity through principled action and ethical decision-making. CultureWe will be the land-grant university that we want to be by welcoming and respecting differences in people and ideas.

Financial Overview — FY 2024
$102.4M
Total Revenue
$52.5M
Total Expenses
$640.7M
Net Assets
67
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 77.2%
Fundraising Efficiency 2047.7%
Operating Reserve 146.34x
Liability-to-Asset 6.9%
Revenue Diversification 64.0%
Executive Compensation $733K
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $102.4M $52.5M $640.7M 77.2% 67
2023 $69.0M $51.0M $574.9M 77.3% 63
2022 $58.2M $55.5M $534.7M 82.8% 58
2021 $199.2M $28.1M N/A 53
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Organization Details
EIN
23-7120898
State
ND
City
FARGO
ZIP
58102-2524
Classification
B110
Category
Education
Rating
59★
Last Updated
Aug 2026
IRS Ruling Year
1890
Foundation Code
13
Form 990
On File
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